RBI Officer Grade B Syllabus & Exam Pattern 2018

RBI Officer Grade B Syllabus & Exam Pattern 2018RBI Officer Grade B Syllabus & Exam Pattern 2018 - Reserve Bank of India (RBI) has released the RBI Officer Grade B exam pattern. The exam pattern of RBI Officer Grade B has been released for General, DEPR and DSM separately. Syllabus & exam pattern of RBI Officer Grade B includes different sections, subjects, and topics from where the questions are expected to come in the exam, marking scheme and duration of the exam for both the phases – phase I and II. The detailed explanation of RBI Assistant Grade B syllabus & exam pattern 2018 has been given below. Candidates appearing for RBI Officer Grade B exam can check.

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RBI Officer Grade B syllabus & exam pattern 2018 is important for candidates as it helps to get an idea about the question paper. Candidates must go through the RBI Officer Grade B syllabus & exam pattern 2018 before starting their preparation. goping through the syllabus and exam pattern will help the candidates appear in RBI Officer Grade B exam. RBI Officer Grade B exam is conducted in online mode in three phases – I and II followed by an interview. The interview round is conducted for only those candidates who will qualify the first two phases of RBI Officer Grade B 2018. The final selection of candidates is done by adding the marks of phase II exam and interview.

RBI Officer Grade B 2018 Syllabus & Exam Pattern 2018 – Phase I


Phase I of RBI Officer Grade B includes topics from four sections. Candidates can refer to the table below to find out the topics included in RBI Officer Grade B syllabus & exam pattern for Phase I.

RBI Officer Grade B 2018 Syllabus & Exam Pattern– Syllabus of Phase I

General Awareness

English Language

Quantitative Aptitude


Current Affairs

Reading Comprehension


Logical Reasoning

Indian Financial Systems

Cloze Test

Profit & Loss

Alphanumeric Series

Indian Banking Systems

Para jumbles

Mixtures &Alligations

Ranking/Direction/Alphabet Test

Monetary Plans


Simple Interest & Compound Interest & Surds & Indices

Data Sufficiency

National Institutions

Fill in the blanks

Work & Time

Coded Inequalities

Banking Terms

Multiple Meaning/Error Spotting

Time & Distance

Seating Arrangement

Paragraph Completion

Mensuration – Cylinder, Cone, Sphere


Data Interpretation


Ratio & Proportion, Percentage


Number Systems

Blood Relations

Sequence & Series

Input Output

Permutation, Combination & Probability

Coding Decoding

RBI Officer Grade B 2018 Syllabus & Exam Pattern– Syllabus of Phase II


RBI Officer Grade B syllabus & exam pattern for phase II contains the subjects and topics from three papers where the questions are asked in the exam. Candidates can prepare accordingly by referring to the syllabus & exam pattern of RBI Officer Grade B given below:


Phase II of the RBI Officer Grade B exam will be conducted for the following three papers:

  • Paper-I Economic & Social Issues

  • Paper II - English (writing skills)

  • Paper-III (optional subjects) Finance & Management/Economics/Statistics 

1. Economic and Social Issues

Growth and Development

Economic Reforms in India


Social Structure in India

Measurement of growth: National Income and per capita income

Industrial and Labour Policy

Regional Economic Co-operation.

Urbanization and Migration

Poverty Alleviation and Employment Generation in India

Monetary and Fiscal Policy

Balance of Payments, Export

Demographic Trends

Sustainable Development


International Economic Institutions –IMF and World Bank


Environmental issues.

Role of Economic Planning.

Import Policy

Human Development



Social Justice: Positive discrimination in favor of the underprivileged

Opening up of the Indian Economy

Social Movements

Indian Political System

Gender Issues

Social Sectors in India

Health and Education

2. English


Paper 1 is conducted for English which tests the candidates on the ground of writing skills including expression and understanding of the topic.


3. Finance and Management


A. Finance


1. 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


2. Financial Markets

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


3. 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


B) Management


1. Management

  • Its nature and scope; the Management Processes; Planning,

  • The organization, Staffing, Directing and Controlling; the Role of a Manager in an organization. 

2. Leadership

  • The Tasks of a Leader; Leadership Styles

  • Leadership Theories; A successful Leader versus an effective Leader. 

3. Human Resource Development

  • The concept of HRD, Goals of HRD, Performance Appraisal

  • Potential appraisal and development

  • Feedback and Performance

4. Counseling

  • Career Planning

  • Training and Development

  • Rewards

5. 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

6. 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

4. Economics


A. Microeconomics 

1) Consumers behavior and firms, the value of resources like land, labor and


2) Markets-monopoly, perfect and imperfect competition.

3) General Equilibrium of price and activity, economic welfare, and case for

regulatory / policy interventions.


B. Macroeconomics


1) Measuring national income and its components, basic macro identities

and idea of macro-balance, Goods and Financial Market Equilibrium (IS-LM Framework).

2) Major macroeconomic school of thoughts, Classical, Keynesian and Monetarist.

3) Consumption and Investment demand; demand management policies and their effectiveness.

4) Money demand and supply, monetary and fiscal policies.


C. International Economics


1) International finance and exchange rates issues in an open economy, benefits, and costs of inter-connected financial markets; evolution of international financial architecture.

2) Benefit of International trade, comparative and absolute advantage,

the effect of International trade on resources allocation and factor price equalization, non-conventional trade barriers, optimum currency areas and effect of the customs union


D. Public Economics


1) Direct and Indirect taxes, efficiency costs of commodity taxes, income taxation, labour supply and savings, corporate taxation and corporate behavior

2) Government expenditure policy-various components, deficit financing and its impact on the economy, government debt and crowding out of private capita

3) Public Goods, instruments of financing, government tax, and non-tax revenue


E. India’s Economy and Development Issues


1) Financial sector regulation and reforms-banking, insurance and capital market, fiscal policy and the changing priorities of government, emergence of monetary policy and its new role.

2) India’s experimentations with planned development models and the outcomes, structural issues-savings and investment, demography, urbanization, productivity, etc., issues with poverty, inequality, and employment

3) Agriculture - policy and developments, manufacturing competitiveness; what is holding India back, role of public sector enterprises in the key economic sectors, India’s resilient service sector; trade, tourism, communication, ITES, etc.


5. Statistics


1. Probability

  • Random variables

  • Theorems of probability,

  • Conditional probability, Independent events, Bayes' theorem and its application

  • Expectation, moments, distribution functions,

  • Binomial

  • Poisson, Geometric, Exponential, Negative binomial, Hypergeometric,

  • Cauchy, Laplace, Logistic, Pareto, Log-normal, Beta and Gamma distributions, Weibull, Uniform, Bivariate normal distribution and truncated

  • Distributions, Markov’s inequality,

  • Chebyshev’s inequality,

  • Cauchy

  • Schwarz inequality

  • Laws of large numbers

  • Central limit theorems

  • Applications

2. Statistical Methods

  • Population and sample

  • Measures of central tendencies Parameter and Statistic

  • Correlation and Regression, intra-class correlation

  • multiple and partial correlations, Spearman's coefficient of rank correlation, Z, chi-square, t and F statistics and their properties and applications

  • Large sample distributions

  • Variance stabilizing transformations

  • Sin inverse

  • Square root

  • Logarithmic

  • Z transformation

3. Linear Models

  • General Linear models

  • BLUE

  • Method of least squares

  • Gauss-Markoff theorem, estimation of error variance

  • Simple and Multiple linear regression models

  • Important assumptions and treatments in case of assumption’s violation

  • Regression diagnostics, Analysis of variance in one, two and three-way classifications

  • Analysis of Covariance in one and two-way classifications. 

4. Statistical Inference

  • Properties of estimators

  • MVUE

  • Rao-Blackwell

  • Lehmann-Scheffe theorems

  • Cramer-Rao inequality

  • Methods of estimation, properties of maximum likelihood and other estimators, confidence intervals.

  • Simple and composite hypotheses, Type I and Type II errors, size, and power of a test, Most Powerful and Uniformly Most Powerful Tests, Neyman-Pearson lemma,

  • Likelihood Ratio test and its properties and applications.

  • SPRT

  • OC and ASN functions

  • Tests of goodness of fit

  • Parametric vs. Non-parametric Test

  • Frequently used non-parametric inferential statistical methods

5. Multivariate Analysis

  • Bivariate and Multivariate normal distribution

  • Marginal and conditional distribution

  • Estimation of mean vector

  • Covariance Matrix

  • Asymptotic properties of estimators

  • Sampling distribution of X and S, Mahalanobis D2

  • and Hotelling's T2 and its applications 

6. Optimization Techniques and Statistical Quality Control

  • Linear Programming

  • Transportation Problem

  • Assignment Problem

  • Basics of Simulation

  • Quality control

  • Process Control

  • Product Control

  • Control Charts

  • Acceptance Sampling Plan Single and Double Sampling Plans (ASN, OC, ATI, LTPD, AOQL)

7. Sample Surveys and Design of Experiments

  • Simple and Stratified random sampling

  • Ratio and regression methods of estimation

  • Double sampling, Systematic, Cluster, two stage and

  • PPS sampling

  • Sampling and Non-sampling errors.

  • Principles of Design of Experiments, Completely

  • Randomized Design, Randomized Block Design,

  • Latin Square Design,

  • Missing Plot Technique

  • 22 and 23 factorial designs

  • Split-Plot Design

  • Balanced Incomplete Block Design

  • Fractional factorial experiment 

8. Applied Economic Statistics

  • Time Series vs. Cross Sectional Data

  • Multiplicative and additive models

  • Auto-Correlation

  • Partial autocorrelation

  • Smoothing techniques

  • Seasonal and cyclical adjustment

  • Price and Quantity Index numbers

  • Types of index numbers and their properties

  • Chain and Fixed base index numbers

  • Cost of Living Index numbers

  • Wholesale Price Index

  • Consumer Price Index

  • Index of Industrial Production

  • Gini’s coefficient

  • Lorenz curves

  • Application of Pareto and Lognormal as income distributions. 

9. Vital Statistics

  • Sources of vital statistics compilation

  • Errors in the census and registration data

  • Measurement of population

  • Rate and ratio of vital events

  • Stationary and Stable population

  • Life Tables,

  • Measures of Fertility, Mortality, and Reproduction

  • Crude rates of natural growth

  • Pearl’s Vital Index

10. Numerical Analysis

  • Principles of floating point computations and rounding errors

  • Linear Equations factorization methods

  • Pivoting and Scaling

  • Residual error correction method

  • Iterative methods

  • Jacobi

  • Gauss-Seidel methods

  • Newton and Newton-like methods

  • Unconstrained optimization

  • Lagrange interpolation techniques

  • Cubic Splines

  • Error estimates

  • Polynomials and least squares approximation

  • Integration by interpolation

  • Adaptive quadratures

  • Gauss methods 

11. Basic Computer Applications

  • Functional organization of computers

  • Algorithms

  • Basic programming concepts

  • Program testing and debugging

  • Subprograms and Subroutines

  • Sorting/searching methods

  • Database

  • Management Systems

  • Software Engineering

  • Basic of Networking

  • Internet Technologies

  • Web and HTML

  • Distributed systems

  • Programming using C



RBI Officer Grade B Syllabus & Exam Pattern 2018 - Phase I


Phase I of RBI Officers Grade B exam is based on objective type multiple choice questions. As per the syllabus & exam pattern of RBI Officer Grade B, there are four sections from where the questions are asked. Candidates are given 2 hours to complete the exam and are marked out of 200. All those candidates who qualify phase I exam further appears for phase II.

Syllabus & Exam Pattern of RBI Officer Grade B – Exam pattern of Phase I (General)

S. No


No. of Questions




General Awareness



2 hours


English Language




Quantitative Aptitude










RBI Officer Grade B Exam Pattern – Paper 1 (DEPR)

Objective Type Test

No. of Questions

Minimum Marks





120 minutes

1. There are three sections with a total of 62 questions. Candidates must answer all the questions.

2. Section I and II carry one, two and three mark questions and Section III carry one, two and four mark questions.

3. Marks will be deducted for every wrong answer given by the candidates. 1/3 marks will be deducted for 1 mark questions, 1/2 marks for 2 marks questions, 1 mark for 3 marks questions and 2 marks for 4 marks questions for all sections will be deducted.


RBI Officer Grade B Exam Pattern – Paper 1 (DSIM)

Objective Type Test

No. of Questions

Minimum Marks





120 minutes


RBI Officer Grade B Syllabus & Exam Pattern – Phase II


The candidates who qualify the phase I of RBI Officer Grade B 2018 will appear for the phase II exam. According to the RBI Officer Grade B syllabus & exam pattern, the phase II exam is conducted for three papers – the paper I, II and III in online mode. The exam of RBI Officer Grade B is based on both objective and descriptive questions. Candidates are given 1 hours and 30 minutes for each paper and marked out of 300 (100 marks for each paper).


RBI Officer Grade B Syllabus & Exam Pattern – Exam pattern of Phase II





Paper 1

Economic and Social Issues


1 hours and 30 minutes

Paper 2

English (writing skills)


1 hours and 30 minutes

Paper 3

Finance and Management/Economics/Statistic (Optional Paper)


1 hours and 30 minutes

Total Marks


4 hours 30 minutes

RBI Officer Grade B Syllabus & Exam Pattern - Interview: Candidates who qualify the phase II exam of RBI Officer Grade B will further appear for the interview round that carries 50 marks. For the interview, candidates can opt for either in English or Hindi. Candidates are judged on their knowledge and general perception towards the government, economy, the nation, and the knowledge of the Indian and International Banking system. The final merit list is prepared considering the total marks obtained by the candidate phase II ( paper 1 + paper 2 + paper 3) of the exam and interview.



First Published On : 21 Jun 2018 02:54 PM IST

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