The Reserve Bank of India (RBI), which is India's central banking institution conducts the RBI grade B exam every year to recruit candidates for the posts of Grade B Officer and Assistant. The vacancies released are around 150 or the Grade B Officer posts. There are a lot of job seekers including fresh graduates that prepare for the RBI Grade B Recruitment. The exam pattern and the syllabus are quite different from the RBI Grade B exam. Candidates fear that the exam is very hard to crack, it is not so. In this article we will look into the details of the RBI Grade B exam, some tips to prepare for it.
Reserve Bank of India (RBI)
You must know about the Reserve Bank of India (RBI) before starting your exam preparation. If a candidate is aware of the responsibilities and roles of RBI, it can immensely help in cracking not only the written exam but also the personal interview. Do a thorough self-research about the key functions of RBI like policy rates and reserve ratios.
Know the Basic Information About the RBI Grade B Exam
The selection process for the RBI Grade B exam has three phases, i.e. Phase-I, Phase-II, and Personal Interview. All three phases need to be cleared to get recruited in the RBI for the post of Grade B Officer. There are restrictions on the number of attempts for a candidate to appear for the exam. If you wish to crack the exam at all costs, then you must never waste these attempts and make full use of it. The candidates that belong to the general category are given only six attempts to clear phase 1 of the exam. However, the candidates that belong to the SC/ST and OBC category do not have any such restrictions.
Be thorough with the Syllabus of Phases 1 & 2
The candidate must be well versed in the RBI Grade B Syllabus. This will allow the candidates to know what to expect in the exam. You can find the detailed syllabus in the RBI exam notification. They get to know the topics that are needed to be studied. Knowing the syllabus can help you to sort the topics according to their difficulty level and importance. You can go through previous year’s papers and know the topics that carry more marks in the exam. Once you know these topics, make them the priority. Prepare them well. Given below are the sections that are in the Grade B Syllabus. These sections will further have more topics that you can find in the detailed syllabus in the notification.
RBI Grade B Prelims (Phase 1) Syllabus
English Language
General Awareness
Quantitative Aptitude
Reasoning
RBI Grade B Mains (Phase 2) Syllabus
Economic & Social Issues
Finance
Management
The candidates should go through the detailed syllabus available in the notification. Go through each topic carefully so that you can make a study time table accordingly.
Make an Effective Study Schedule
To crack any exam, a candidate must be fully prepared to appear for the exam. Therefore, one should make an effective study time table that is tailored to their learning pace. No one knows you better than yourself. So rather than following some toppers time table or a time table that you found online, it is better to make a time table yourself. The timetable should be according to your focus hours, i.e. what are the best time for you to learn, keep important topics to study for that time. Don’t make any unrealistic goals while preparing a time table, as it can demotivate you if you fail to follow it. Remember to add breaks in between to refresh your mind.
Follow the Issues Trending in Economy & Finance
You can even start your preparation for the RBI Grade B exam by just following the trending issues going on economy and finance. Try to stay updated with all the current affairs related to the banking, economy, budget, finance, and stock exchange; this will help you a lot with the exam preparation. For this, you can read the business and finance columns that are written by experts.
Hope you found this article on the RBI Grade B recruitment exam useful. If you have any doubts regarding the RBI exam, feel free to drop them in the comment box below.