RBI Grade B Syllabus 2024, Exam Pattern, Revised Syllabus

The Reserve Bank of India (RBI) holds the RBI Grade B 2024 Exam annually to recruit eligible candidates for the position of Grade B Manager at RBI branches across India. The recruitment process includes Phase 1, Phase 2, and an Interview. If you are planning to apply for the exam, understanding the detailed RBI Grade B Syllabus 2024 is crucial as the first step in your preparation.

This article covers the RBI Grade B Syllabus and Exam Pattern for both Phase 1 and Phase 2, along with the specific syllabus for General, DEPR, and DSIM posts. You can also download the RBI Grade B Syllabus PDF from the link provided below.

RBI Grade B Syllabus 2024

The RBI Grade B Syllabus 2024 has been released along with the official notification for the RBI Grade B 2024 exam on 25th July 2024. We are providing a detailed syllabus for the Phase 1 and Phase 2 exams, covering the General (DR), DSIM, and DEPR posts based on the previous year’s notification.

Reviewing the RBI Grade B syllabus will help you understand what to expect before starting your preparation for the exam. Therefore, it is advisable to familiarize yourself with the RBI Grade B exam pattern and syllabus before planning your study schedule.

RBI Grade B Selection Process 2024

The RBI Grade B selection process 2024 includes multiple stages, each stage evaluates different aspects of a candidate’s knowledge and skills. The selection process for each post is shared below in the table:

RBI Grade B Syllabus 2024 PDF

The link to download the RBI Grade B Syllabus PDF is provided here. Candidates can download the syllabus PDF for RBI Grade B Phase DEPR, DSIM, and General post exam. Click on the link to download the latest RBI Grade B Syllabus 2024.

RBI Grade B Syllabus 2024 PDF Link (Active)

RBI Grade B Exam Pattern 2024

The questions asked in the RBI Garde B Phase 1 Exam are only Objective (MCQ type) whereas in the Phase 2 Exam, it is both Descriptive and Objective type. Both phases will be conducted online in a computer-based manner which means the candidates have to type the answer on their assigned computer screen. Check the highlights from the RBI Grade B Phase 1 and 2 Syllabus in the table below.

RBI Grade B Phase 1 Exam Pattern 2024 for General (DR)

The major sections according to the RBI Grade B Syllabus 2024 from which the questions are asked are Reasoning, Quantitative Aptitude, General Awareness, Economics, Statistics, and English Language. The RBI Grade B 2024 exam has both Phase 1 and Phase 2 exams, the RBI Grade B Syllabus 2024 of both levels is different from each other. Go through the RBI Grade B Exam Pattern for Phases 1 and 2 below.

1. The Phase Exam will be a computer-based test and there shall be 4 sections as mentioned above.
2. The total number of questions is 200 and each question carries 1 mark.
3. There is a sectional timing in the Exam and the total duration is 2 hours.
4. Candidates are required to secure sectional cut-offs, along with the overall cut-off, to be able to clear the exam.
5. Also, there is a negative marking of 1/4th for each wrong answer marked by the candidate.
6. The questions shall be MCQ type and the exam mode is Online computer-based.
7. Candidates are required to secure a sectional cut-off to pass the Phase 1 Exam.

RBI Grade B Phase 1 Syllabus for General (DR)

The RBI Grade B Syllabus 2024 for General (DR) Phase 1 of four sections is given in the table below. The four sections are:

1. Reasoning
2. Quantitative Aptitude
3. General Awareness
4. English Language

RBI Grade B Phase 2 Exam Pattern for General (DR)

The RBI Grade B Phase 2 Exam Pattern details for the General are given below. It consists of subjects including Economics and Social Issues, English Writing, and General Finance, Management & Ethics.

1. Those who qualify for the Phase 1 Exam, will appear for the Phase 2 Exam.
2. In Papers I & III, the paper is divided into 2 sections of equal marks. One section comprises MCQ-type questions and the other is a Descriptive type of Questions. The descriptive questions will be typed through the keyboard.
3. In the Objective part, there shall be 30 questions for 50 marks.
4. In the descriptive part, there shall be 6 questions, out of which candidates are required to attempt 4 questions for 15 marks each.
5. Generally, the descriptive questions that are asked are simple.

RBI Grade B Phase 2 Syllabus for General (DR)

The RBI Grade B Syllabus for General (DR) Phase 2 of three sections is given in the table below. The three sections are:

1. Economic and Social Issues (Paper 1)
2. English Descriptive (Paper 2)
3. Finance and Management (Paper 3)

Economic and Social Issues Syllabus

The Economic and Social Issues is Paper 1 of the RBI Grade B Phase 2 Exam. The Syllabus for ESI (Economic and Social Issues) is provided here in detail. Candidates are required to prepare for the Exam as per this syllabus and avoid making extra effort. Questions in the Phase 2 Exam will be asked from these topics only.

Growth and Development:

1. Measurement of growth: National Income and per capita income
2. Poverty Alleviation and Employment Generation in India
3. Sustainable Development
4. Environmental issues.

Indian Economy:

1. Economic History of India
2. Changes in Industrial and Labour Policy,
3. Monetary and Fiscal Policy since reforms of 1991
4. Priorities and Recommendations of Economic Survey and Union Budget
5. Indian Money and Financial Markets: Linkages with the Economy
6. Role of Indian Banks and Reserve Bank in the development process
7. Public Finance
8. Political Economy
9. Industrial Developments in India
10. Indian Agriculture
11. The services sector in India

Globalization:

1. Opening up of the Indian Economy
2. Balance of Payments
3. Export-Import Policy
4. International Economic Institutions: IMF and World Bank, WTO, Regional Economic Co-operation
5. International Economic Issues

Social Structure in India:

1.  Multiculturalism
2. Demographic Trends
3. Urbanization and Migration
4. Gender Issues
5. Social Justice

English Writing Skills

This is Paper 2 of the Phase 2 Exam. The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Finance and Management Syllabus

After ESI and English language, Finance and Management is Paper 3 of the RBI Grade B Phase 2 Exam and it consists of topics based on Finance, Management, Accounts, etc. Go through the topic-wise syllabus given below.

Financial System:

1. Structure and Functions of Financial Institutions
2.  Functions of the Reserve Bank of India
3. Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NABFID etc.
4. Recent Developments in the Global Financial System and its Impact on the Indian Financial System
5. Role of Information Technology in Banking and Finance
6.  Non-Banking System
7.  Developments in Digital Payments

Financial Markets:

Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, and recent developments.

General Topics:

1. Financial Risk Management
2.  Basics of Derivatives
3. Global financial markets and International Banking – broad trends and the latest development
4.  Financial Inclusion
5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
6. Corporate Governance in the Banking Sector
7. The Union Budget – Concepts, approach, and broad trends
8. Basics of Accounting and Financial Statements – Balance Sheet, Profit, and Loss, Cash Flow Statements, Ratio Analysis (such as Debt to Equity, Debtor Days, Creditor Days, Inventory Turnover, Return on Assets, Return on Equity, etc)
9.  Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI- CPI – components and trends; striking a balance between inflation and growth through monetary and fiscal policies

Fundamentals of Management and Organizational Behaviour

1. Introduction to Management
2. Evolution of management thought
3. Scientific, Administrative, Human Relations
4. Systems Approach to Management
5. Management Functions and Managerial Roles
6. Nudge Theory
7. Meaning & concept of organizational behaviour
8. Personality: meaning, factors affecting personality, Big Five model of personality
9. The concept of reinforcement
10. Perception: concept, perceptual errors
11. Motivation: Concept, importance
12. Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory)
13. Process theories (Adams equity theory, Vroom’s expectancy theory).
14. Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership
15. Emotional Intelligence: Concept, Importance, Dimensions
16. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window
17. Conflict: Concept, Sources, Types, Management of Conflict
18. Organizational Change: Concept, Kurt Lewin Theory of Change
19. Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).

Ethics at the Workplace and Corporate Governance

1. Meaning of ethics, why ethical problems occur in business.
2. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring
3. An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory
4. Moral issues in business: Ethics in Compliance, Finance, Human Resources,  Marketing, etc.
5. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.
6. Corporate Governance: Factors Affecting Corporate Governance; Mechanisms of Corporate Governance
7. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication
8. Role of Information Technology

RBI Grade B DEPR Exam Pattern

This phase is for the Department of Economy and Policy Research (DEPR) post, and it doesn’t include Finance and Management subjects. Only those who secure minimum marks in Paper 1 (objective) can get their Paper 2 answers checked. The combined marks of Papers 1 and 2 and the interview will decide the selection of the candidate.

RBI Grade B DEPR Syllabus 2024

As per the RBI Notification, the Standard of papers on Economics will be based on the Master’s Degree examination in Economics of any Central University. The RBI Grade B DEPR Syllabus 2024 is divided into three papers, Paper 1 is Economics objective, Paper 2 is Economics descriptive, and Paper 3 is English descriptive.

RBI Grade B Phase 2 DSIM Post Exam Pattern

Like DEPR, candidates are required to secure minimum marks in Paper 1, Only then they will be shortlisted for Paper 2.

RBI Grade B DSIM Syllabus 2024

RBI Grade B Syllabus 2024 for Phase 1 or Phase 2, candidates have to answer the questions on topics related to Statistics. The detailed RBI Grade B Syllabus 2024 for DSIM is given below:

DSIM Phase II Paper 1: Statistics (Objective)

Probability

1. Definition of Probability
2. Standard distribution
3. Large and small sample theory
4. Analysis of Variance
5. Estimation
6. Testing of Hypotheses
7. Multivariate analysis
8. Stochastic Processes

DSIM Phase II Paper 2: Statistics (Descriptive)

1. Probability and Sampling
2. Linear Models and Economic Statistics
3. Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test
4. Stochastic Processes
5. Multivariate analysis
6. Numerical Analysis and Basic Computer Techniques

DSIM Phase II Paper 3: English (Descriptive)

The English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic

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