RBI Grade B Officers 2018 – Exam Syllabus and Pattern

The Reserve Bank Bank of India has recently invited applications for the recruitment of Grade B Officers 2018. 

Check the post for detailed information – RBI Grade B Officers | Recruitment Notification 2018

 

Now, lets go through the pattern of the examination for the posts.

 

Pattern and Syllabus for RBI Grade B Officers Exam 

 

GR B (DR)-GENERAL- 2018

 

The selection will be through ONLINE Examinations (Two Phases) and interview.

 

Phase-I online Examination (Objective Type):

This will comprise a single Paper for 200 marks.

 

 

A composite time of 120 minutes will be given for answering the paper.

There will be minimum marks cut off separately for each test as well as in aggregate.

The candidates who will secure minimum marks requirements will be shortlisted for Phase II of the examination which will be based on the aggregate marks (cut off of which will be decided by the Board in relation to the number of vacancies) obtained by them in Phase I.The roll numbers of the shortlisted candidates will be published on RBI website most probably within a week after examination of Phase I.

 

Phase-II online Examination

The shortlisted candidates from the Phase 1 examination will be called for the Phase-II online Examination. The Phase II examination will be held in shifts and candidates have to appear in all shifts.

There will be three papers in the Phase II Online examination:

All question papers of both the Phases (expect English question) will be set bilingually in Hindi and English.

 

Interview

The interview will be of 50 marks. The candidate may give interview either in Hindi or English. The merit list for the final selection will be prepared by adding marks secured by candidates in Phase-II examination (Paper-I +Paper-II +Paper-III) and interview.

 

SYLLABI (Phase-II)

 

Paper-I – Economic and social Issues:

Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatization – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanization and Migration – Gender Issues – Social Justice: Positive Discrimination in favor of the underprivileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

 

Paper-II -English (Writing Skills):

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

 

Paper-III -Finance and Management:

(I) Finance

(a) Financial System
1. Regulators of Banks and Financial Institutions
2. Reserve Bank of India- functions, and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

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

(c) General Topics
1. Risk Management in Banking Sector
2. Basics of Derivatives: Forward, Futures, and Swap
3. Changing Landscape of Banking sector
4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
5. Financial Inclusion- use of technology
6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
7. Corporate Governance in Banking Sector, the role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
8. The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends.

Suggested reference material:
a. An introduction to Economics – A W Stonier and D C Hauge
b. Monetary Theory and Public Policy – Kenneth Kurihara
c. Indian Economy – Mishra and Puri
d. Indian Economy – R. Dutt and KPM Sundaram
e. Economic Growth and Development – Mayer and Baldwin
f. Major economic newspapers and Economic and Political Weekly
g. Public Finance – K K Andley and Sundaram
h. Financial Management – Prasanna Chandra

 

(II) Management:

Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation.

Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.

Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counselling – Career Planning – Training and Development – Rewards – Employee Welfare.

Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.

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, Role of Information Technology.

Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

The questions in this section will be basic in nature.

 

OFFICERS IN GR B (DR)-DEPR /DSIM

Selection will be through Online/ Written Examination (WE) and interview. There will be 3 papers for the Examination.

Paper I Objective Type (on Economics) and Paper II & III will be held separately.

A composite time of 120 minutes will be given for answering Paper I.

The candidates who will score minimum aggregate marks in Paper I will be shortlisted for Paper-II/ Paper III of the examination based on the marks obtained in Paper-I.

Paper – II and III online/Written Examination:

The shortlisted candidates from the Phase I paper will appear for the Paper II and III.

 

Syllabus:

(i) Standard of papers on Economics would be that of Master’s Degree examination in Economics of any Central University in India. (ii) Syllabus for English: Essay, Precis writing, Comprehension and Business/Office Correspondence.

Suggested reading material:

RBI publications viz., Annual Report, Report on Trend and Progress of Banking in India, Monetary Policy Report and the Financial Stability Report and the Economic Survey published by the Government of India over the previous two years.

Pattern

Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for the Examination. Paper I Objective Type (on Statistics)and Paper II & III will be held separately.

 

A composite time of 120 minutes will be given for answering Paper I.

The candidates who will score minimum aggregate marks in Paper I will be shortlisted for Paper-II/ Paper III of the examination based on the marks obtained in Paper-I.

Paper – II and III online/Written Examination: The Paper II and Paper III Examination will be conducted only for the candidates who are shortlisted on the basis of results of Paper-I. The Paper II and Paper III examination will be in shifts. Candidates are required to appear for all shifts.

(iv) Question papers for ‘WE’ will be set in Hindi and in English (except Paper-III on English). Answers for Paper-II may be written either in Hindi or English. Paper-III will have to be answered in English only. Candidates may opt for the interview in Hindi or English.

(v) The board will do the final selection on the basis of performance in the ‘WE’ and interview taken together.

Syllabus:

Standard of papers would be that of Master’s Degree examination of any Central University in India.

Paper-I: Questions would cover Probability: Definition of Probability, Standard distribution, Large and small sample theory, Analysis of Variance, Estimation, Testing of Hypotheses, Multivariate analysis, and Stochastic Processes.

Paper-II: Questions would cover (i) Probability and Sampling, (ii) Linear Models and Economic Statistics, (iii) Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test, (iv) Stochastic Processes, (v) Multivariate analysis and (vi) Numerical Analysis and Basic Computer Techniques. There will be sufficient choice for candidates to attempt the required number of questions from any three or more of the above six groups.

Paper-III: English: Essay, Précis writing, Comprehension and Business/Office Correspondence.

C. Manner of conduct of examinations for both GR B (DR)-DEPR /DSIM:

(i) The examination will be conducted on two days i.e. Paper I on one day and Paper II & III will be held separately.

(ii) Paper – I (Objective type on Economics / Statistics as the case may be) will be conducted online and comprise multiple choice questions.

(iii)Paper – II (Economics / Statistics as the case may be) will be a descriptive type pen/paper based examination where the questions will be displayed on the computer screen and will be conducted in one session.

(iv) Paper – III (English) will be of a descriptive type where the candidates will be expected to type out answers on a computer.

 

* Source: Reserve Bank of India’s Official website and notification.