RBI NOTES DOWNLOAD :
RBI GRADE B EXAM DATE 2023 :
Reserve Bank Of India every year conducts an exam for selection of Officer cadre post candidates from all over India. the applications are invited from all over India. An online notification is released on recruitment link below where RBI provide official notification for post of RBI Grade B Officer. This notification consist of information related to eligibility, exam pattern , exam date and many more. Every candidates has to clear all the 3 phases for this exam for final selection of Officer cadre exam. Candidates have option of offline coaches but , most recommended one is online coaching as they are updated every year.
The RBI focus is also on current affairs lot instead of static portion.
For This year 2023, the vacancies of 222 are released in official website.
Kindly take look yourself on official link of RBI.
RBI Recruitment Link :
Pay Scale: Selected Candidates will draw a starting basic pay of ₹55,200/-p.m. in the pay scale of ₹55200-2850(9)-80850-EB-2850 (2) – 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are Rs. 1,16,914/- (approximately) The House Rent Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.
RBI GRADE B / RBI OFFICER :
Hi , Friends ! This blog is about becoming a RBI Grade B Officer which is in mind of many banking aspirants in this country. I hope you are one of them. This course is made for you to study and crack this exam in smart manner.
However before you plunge in , there needs to be clarification on two points :
1) No one can guarantee your success.
2) Try try till you succeed.
Now assuming you have made up your mind to crack this exam. I will provide you first syllabus for same : Rbi grade b exam pattern
A] PRELIMS EXAM PATTERN (Updated one from 2021):
This entire exam will be of 200 marks for 120 minutes, However note, that there will be sectional timer for each section. Also, there will be sectional cutoff for each sections. Candidates securing minimum cut off marks both section wise and entire exam will be eligible for PHASE II. To clarify the first part for this exam will be most difficult task.
Target setting : As aspirant your goal should be to clear entire phase of exam. Accordingly you should prepare for same. I suggest that for preparation of Phase 1, you need to have constant practise of mathematics and reasoning along with general awareness preparation for same on daily basis and one week before exam entire revision is needed. Instead of providing study material which already end number of sites provide you, I will suggest you with proper manner to prepare for this exam and crack it in firsts attempt. trust me I am no counsellor, no professional advisor but, was once an aspirant like you. “Dreams do come true if properly planned”.
Phase I planning : Every success is based on 3 simple questions : What to do ? How to begin ? Will it be fruitful ? . Here is my way, before preparing for something dream of it 100 times in your mind. For it you should look at positive sides of cracking this exam. So here I bring to you reason of becoming the part of Reserve Bank of India.
What does this job deliver you ?
1) Economically viable with all the lucrative perks.
2) Corruption free environment.
3) Free 2 BHK accommodation subject to availability.
4) Cordial and cooperative work environment.
All things are difficult until they become easy. Trust me this is easy exam to crack !. Start dreaming about your success from today. So your answer is pretty clear for What to do ?. Yes , Study hard for this exam and crack it. Lets begin with our next step How to begin ? This is most tedious thing to do. I have appeared for various exams and biggest hurdle in cracking them is time. The amount of time we dedicate for them decides our success. Considering the minimum time we have with us , I came up with smart way to study. To tap them kindly click on each individual links to explore smart way to crack this sections.
Many times we might fail but we have to stand up and get ready for new battles.
Rbi Grade b /Rbi Group B Syllabus :
Paper-I – Economic and Social Issues (ESI):
Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. • Indian Economy – Economic History of India – Changes in Industrial and Labour Policy, Monetary and 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 Reserve Bank in the development process – Public Finance – Political Economy – Industrial Developments in India- Indian Agriculture – Services sector in India. • 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; International Economic Issues • Social Structure in India – Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice: Positive Discrimination in favour of the under privileged – 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:
A) Financial System 1. Regulators of Banks and Financial Institutions 2. Reserve Bank of India- functions and conduct of monetary policy 3. Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector. 4. Impact of the Global Financial Crisis of 2007-08 and the Indian response 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 3. Global financial markets and International Banking – broad trends and latest developments. 4. Financial Inclusion 5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership 6. Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector. 7. The Union Budget – Concepts, approach and broad trends 8. 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. 9. FinTech
B) Management: • Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; 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: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, 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. 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. 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. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance 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