Decoded Subject-wise Syllabus of RBI Grade B Phase 1 and 2

Do you want to start your RBI Grade B preparation but struggling to find a reliable source to check the syllabus? Or are you still exploring your options and want to determine if the RBI Grade B exam is for you? Whatever the case, we have your back.

Below, we’ll break down the subject-wise syllabus of RBI Grade B Phase 1 and 2, enabling you to start your preparation right away or make an informed decision.

RBI Grade B Syllabus: Phase 1 & Phase 2

Let’s decode the subject-wise RBI Grade B Syllabus of Phase 1 and 2:

RBI Grade B Syllabus: Phase 1

The official RBI notification doesn’t mention the syllabus for the RBI Grade B Phase 1 components, making it tough for aspirants to decide which topics to prepare. Considering the seriousness of this problem, we have analyzed the previous years’ questions (PYQs) and decoded the phase 1 syllabus for you.

Let’s explore the decoded subject-wise syllabus for the RBI Grade B Phase 1 exam:

Reasoning Syllabus for RBI Grade B

Here are the topics you must cover for Reasoning:

Alphabetical and Alphanumeric Series
Coding and Decoding
Direction Sense
Syllogism
Blood Relation
Ranking
Seating Arrangement
Puzzles
Inequality
Statement – Course of Action
Machine Input Output
Cause & Effect
Statement Argument
Statement – Assumption
Statement Conclusion
Data Sufficiency

Quantitative Aptitude (Maths) Syllabus for RBI Grade B

Here are the topics you must cover for Quantitative Aptitude:

Percentage
Ratio and Proportion
Simplification
Simple and Compound Interest
Profit & Loss and Discount
Time and Work
Pipes & Cistern
Number Series and Number System
Time, Speed, and Distance
Trains and Boats
Mixture
Ages
Quadratic Equation
Average
Partnership
Area, Volume
Data Interpretation & Data Sufficiency
Probability
Quantity Comparison

English Syllabus for RBI Grade B

Here are the topics you must cover for English:

Error Spotting
Grammar
Sentence Improvement
Comprehension passage
Comprehension Ability
Cloze Test
Para Jumbles
Rearrangement
Double Fillers
Vocabulary – Synonyms, One-word Substitution, Antonyms, and Phrasal Verbs

General Awareness (GA) Syllabus for RBI Grade B

By analyzing the past years’ question papers, we have divided the RBI Grade B GA syllabus into 2 parts— static and current affairs. Here are the topics you must cover for General Awareness:

General Awareness Current Affairs for RBI Grade B

Here are the topics you must cover for GA Current Affairs:

National News: Summits, MoUs, and major events related to India.
International: Summits and conferences held abroad.
Financial & Economics News
Financial Awareness: RBI and SEBI Notification and Regulations
Persons in News: Obituaries, retirements, appointments
Days in News: Major events or days, along with its date and theme
Awards and Honours
Sports: Major tournaments and its winners
Science, Technology, and Space
Environment
Books & Authors
Banking, and Economy related news
Reports & Government Schemes
Defence: Military exercises, drills, and major updates related to the defence sector of India

General Awareness Static for RBI Grade B

Here are the topics you must cover for GA Static:

Chief Ministers and Cabinet Ministers
Airport Locations, Stadiums
Power Plants in India
Organisations’ Headquarters
Indian Dance Forms
National Parks and Sanctuaries
Banks’ Headquarters and Taglines
Countries Capitals & their Currencies
Important Days

Note. To learn about current affairs, you can refer to resources like The Hindu, Live Mint, and the PIB (primarily for government programmes & policies, initiatives, and achievements).

Now that you have explored the RBI Grade B syllabus for Phase 1, it’s time to jump to Phase 2.

RBI Grade B Syllabus: Phase 2

The RBI Grade B syllabus for Phase 2 (Mains) comprises:

Paper 1: Economic and Social Issues (ESI)
Paper 2: Descriptive English (Writing Skills)
Paper 3: Finance and Management (FM)

Let’s learn about the decoded syllabus of each component of Phase 2:

Economic and Social Issues (ESI) Syllabus

Here is the detailed RBI Grade B ESI syllabus:

Growth and Development:

Measurement of growth: National Income and per capita income
Sustainable Development and Environmental Issues
Poverty Alleviation and Employment Generation in India

Indian Economy:

Economic History of India
Changes in Industrial & Labour Policy, Monetary & Fiscal Policy since reforms of 1991
Priorities and Recommendations of Economic Survey and Union Budget
Indian Money and Financial Markets: Linkages with the Economy
Role of Indian banks and RBI in the development process
Public Finance
Political Economy
Industrial Developments in India
Indian Agriculture
Services sector in India.

Social Structure in India:

Multiculturalism
Urbanisation & Migration
Demographic Trends
Gender Issues

Globalization:

Opening up of the Indian Economy
International Economic Institutions
Balance of Payments, Export-Import Policy
IMF and World Bank
WTO
Regional Economic Co-operation; International Economic Issues.

Descriptive English Syllabus

Here is the detailed RBI Grade B Descriptive English syllabus:

1. Essay

You have to choose one out of the 4-5 topics and write an essay of around 400 to 600 words. Listed below are some of the essays asked in the previous years.

Climate Change and its economic impact on developing countries
India’s own digital currency: E-rupee
There is an immense need for multi-linguistic social media accounts for businesses
In every organization, especially in the modern day and age, employees focus on personal value and purpose in the organization. Suggest measures for organization culture in this regard

2. Precis Writing

You have to summarize a passage spanning 400-600 words in approximately 170-180 words. Usually, precis comes from LiveMint, The Hindu, The Economic Times, Forbes magazine, etc.

3. Reading Comprehension

You need to answer 5 questions based on the given passage of around 400 to 600 words. Usually, reading comprehension passages come from LiveMint, The Hindu, The Economic Times, Forbes magazine, etc. However, questions are drafted by RBI itself.

Finance and Management (FM) Syllabus

This component is further divided into 2 parts:

Finance
Management

Let’s check out the detailed syllabus for both these parts:

Finance

Here is the detailed RBI Grade B Finance syllabus:

Financial System

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

Financial Markets

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

General Topics

Financial Risk Management
Financial Inclusion
Basics of Derivatives
Alternate source of finance, private and social cost-benefit, Public-Private Partnership
Corporate Governance in the Banking Sector
Global financial markets and International Banking – broad trends and latest developments
The Union Budget – Concepts, approach, and broad trends
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.
Basics of Accounting and Financial Statements
Cash Flow Statements
Profit & Loss
Balance Sheet
Return on Equity
Ratio Analysis (such as Debt to Equity, Creditor Days, Inventory Turnover, Debtor Days, and Return on Assets etc.)

Management

Here is the detailed RBI Grade B Management syllabus:

Fundamentals of Management & Organizational Behaviour:

Fundamentals of Management & Organizational Behaviour
Introduction to management
Evolution of Management Thought: Scientific, Administrative, Human Relations & Systems Approach to Management
Management Functions & Managerial Roles, and Nudge Theory.

Meaning & Concept of Organizational Behaviour; Personality:

Meaning, factors affecting personality
Big Five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory).

Leadership:

Concepts
Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; 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:

Meaning of ethics, why ethical problems occur in business.
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.
Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, an alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory.
Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc.

Corporate Governance: Factors Affecting Corporate Governance; Mechanisms of Corporate Governance

Communication: Steps in the Communication Process; Communication Channels; Oral vs. Written Communication; Verbal vs. non-verbal Communication; upward, downward & lateral communication; Barriers to Communication, Role of IT.

Conclusion

There you have it: Decoded Subject-wise of RBI Grade B Phase 1 and Phase 2. With this information at your disposal, you can:

Gather the right study material and start preparing for the RBI Grade B exam right now.
Determine if RBI Grade B aligns with your educational background and take the next step.

Want to kick-start your RBI Grade B preparation with confidence? EduTap has everything you need, from comprehensive study material to expert guidance.

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