RBI 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.
Latest: RBI Officer Grade B Admit Card
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
Indian Financial Systems
Profit & Loss
Indian Banking Systems
Simple Interest & Compound Interest & Surds & Indices
Fill in the blanks
Work & Time
Multiple Meaning/Error Spotting
Time & Distance
Mensuration – Cylinder, Cone, Sphere
Ratio & Proportion, Percentage
Sequence & Series
Permutation, Combination & Probability
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
International Economic Institutions –IMF and World Bank
Role of Economic Planning.
Social Justice: Positive discrimination in favor of the underprivileged
Opening up of the Indian Economy
Indian Political System
Social Sectors in India
Health and Education
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
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
Its nature and scope; the Management Processes; Planning,
The organization, Staffing, Directing and Controlling; the Role of a Manager in an organization.
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
Training and Development
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
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
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.
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.
Theorems of probability,
Conditional probability, Independent events, Bayes' theorem and its application
Expectation, moments, distribution functions,
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,
Laws of large numbers
Central limit theorems
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
3. Linear Models
General Linear models
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
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.
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
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
Basics of Simulation
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
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
Balanced Incomplete Block Design
Fractional factorial experiment
8. Applied Economic Statistics
Time Series vs. Cross Sectional Data
Multiplicative and additive models
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
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
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
Newton and Newton-like methods
Lagrange interpolation techniques
Polynomials and least squares approximation
Integration by interpolation
11. Basic Computer Applications
Functional organization of computers
Basic programming concepts
Program testing and debugging
Subprograms and Subroutines
Basic of Networking
Web and HTML
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)
No. of Questions
RBI Officer Grade B Exam Pattern – Paper 1 (DEPR)
Objective Type Test
No. of Questions
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
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
Economic and Social Issues
1 hours and 30 minutes
English (writing skills)
1 hours and 30 minutes
Finance and Management/Economics/Statistic (Optional Paper)
1 hours and 30 minutes
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.