RBI Officer Grade B Syllabus & Exam Pattern 2020
RBI Grade B Officer Syllabus and Exam Pattern 2020: Reserve Bank of India (RBI) mentions the RBI Grade B Officer 2020 syllabus and exam pattern in the official notification. RBI Grade B Officer is conducted for vacancies in three different departments, General, Department of Economic and Policy Research (DEPR) and Department of Statistics and Information Management (DSIM). Candidates with the required RBI Grade B eligibility criteria 2020 can apply for the vacant posts of officers in RBI. Aspirants willing to apply can go through the important concepts and topics with the help of RBI Grade B Officer 2020 syllabus and exam pattern. Candidates can plan their studies and focus accordingly with the help of RBI Grade B Officer syllabus and exam pattern. To ace the recruitment test, aspirants should follow RBI Grade B Officer 2020 syllabus and exam pattern of each stage. As per RBI Officer Grade B syllabus and exam pattern, the test will be held in two phases for General, DEPR and DSIM. The phase I examination for General will have 200 objective type questions carrying 1 mark each to be completed within 2 hours while RBI officer Grade B phase II examination will consist of 133 questions for 300 marks in total to be completed in 3 hours. The paper I of DEPR and DSIM will have 3 sections with a total of 62 questions carrying 100 marks while paper II and III will have two sections with 7 questions carrying 200 marks.
RBI Grade B Syllabus 2020 – Phase I
The exam conducting body prescribes the syllabus of RBI Officer Grade B 2020 Phase I for all the positions. The RBI Grade B Officer 2020 syllabus for Phase I covers General Awareness, English Language, Quantitative Aptitude and Reasoning. With the help of the syllabus of RBI Officer Grade B 2020, an aspirant will be able to focus on topics and prepare accordingly. The sub-topics under each section along with the best books are tabled here so that candidates can actually start their preparation -
RBI Officer Grade B Syllabus 2020 – Phase I
Verbal and Non-Verbal Types
RBI Grade B Exam pattern 2020 for Phase I
RBI Grade B Exam pattern 2020 for Phase I (General)
No. of Questions
Consolidated Duration of 2 hours
RBI Officer Grade B Exam Pattern 2020 for Paper 1 (DEPR)
Objective Type Test
No. of Questions
· For Paper 1 (DEPR) there are three sections with a total of 62 questions. Candidates must answer all the questions.
· Section I and II carry one, two and three mark questions and Section III carry one, two and four mark questions.
· 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 2020 for Paper 1 (DSIM)
Objective Type Test
No. of Questions
RBI Officer Grade B Syllabus & Exam Pattern 2020 – Phase II
RBI Officer Grade B syllabus & exam pattern for phase II contain the subjects and topics from three papers. Candidates can prepare accordingly by referring to the complete syllabus & exam pattern of RBI Officer Grade B given below:
Phase II of 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
RBI Grade B Syllabus 2020 for Phase II
1. RBI Officer Grade B Syllabus - 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
2. RBI Officer Grade B Syllabus - English
Paper 1 is conducted for English which tests the candidates on the ground of writing skills including expression and understanding of the topics.
3. RBI Officer Grade B Syllabus - 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 trend
· 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
· Career Planning
· 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
4. RBI Officer Grade B Syllabus - Economics
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 the 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) A 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 behaviour
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, the emergence of monetary policy and its new role.
2) India’s experimentation 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.
RBI Officer Grade B Syllabus - Statistics
· Random variables
· 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
· Chebyshev’s inequality
· Schwarz 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
· Sin inverse
· Square rootA. Finance
· Z transformation
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
· 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.
· 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
· 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
· 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
· The residual error correction method
· Iterative methods
· 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
· Basic programming concepts
· Program testing and debugging
· Subprograms and Subroutines
· Sorting/searching methods
· Management Systems
· Software Engineering
· Basic of Networking
· Internet Technologies
· Web and HTML
· Distributed systems
· Programming using C
RBI Grade B Exam Pattern 2020 – Phase II
The candidates who qualify the phase I of RBI Officer Grade B 2020 will have to 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 for General DR whereas DEPR and DSIM will be conducted for paper - I and paper - II. The exam of RBI Officer Grade B is based on both objective and descriptive questions.
RBI Officer Grade B Exam Pattern 2020- General - DR
Name of Paper
Type of Paper
Number of Questions
Paper-I (Economic and Social Issues)
Paper-II (English – writing skills)
Paper–III (Finance and Management)
RBI Grade B Exam Pattern 2020 – Department of Economic & Policy Research (DEPR)
Name of Paper
Number of Questions
Paper – II (Economics)
Paper – III (English- writing skills) Online
RBI Grade B Exam Pattern 2020 - Department of Statistics & Management (DSIM)
Name of Paper
Number of Questions
Paper – II (Statistics)
Paper – III (English writing skills) Online
RBI Grade B Syllabus & Exam Pattern 2020 Interview
Qualified candidates in phase II exam of RBI Officer Grade B will have to appear in interview round. The interview process will carry 50 marks. Candidates will be asked questions in the Interview from the following topics:
· knowledge and general perception towards the government
· the nation
· the knowledge of the Indian and International Banking system
RBI Grade B 2020 Preparation Tips
· Be acquainted with the RBI Officer Grade B syllabus
· Get accustomed with the exam pattern of RBI Officer Grade
· Analyse the mistakes
· Revise the strengths
· Work and refine the weaknesses
· Take online mock test available for RBI Officer Grade B 2020
Frequently Asked Question (FAQs) - RBI Officer Grade B Syllabus & Exam Pattern 2020
Question: What are the subjects included in RBI Grade B Officer syllabus for phase I?
The RBI Grade B Officer 2020 syllabus for phase I covers General Awareness, English Language, Quantitative Aptitude and Reasoning.
Question: How many questions will be there for the General paper in phase I?
The phase I examination for General will have 200 objective type questions carrying 1 mark each.
Question: How to study the Economic and Social Issues for phase II?
The syllabus of Economic and Social Issues being so vast requires smart study. Candidates can check what is happening in the current affairs in these areas and link them to the static portion.
Question: Are negative marks cut for wrong answers marked in RBI Grade B Officer exam?
Yes. One-third of the marks are cut for every wrong answer marked in the objective type test of RBI Grade B Officer exam.
Question: Are there any sections in the test for RBI Grade B Officer eligibility test?
The paper I of DEPR and DSIM consists of three sections with a total of 62 questions carrying 100 marks while paper II and III will have two sections with seven questions carrying 200 marks.
RBI Grade B Admit Card 2020 – Reserve Bank of India releases R...
RBI Grade B Application Form 2020 – Reserve Bank of India (RBI...
RBI Grade B Result 2020 - Reserve Bank of India (RBI) will ann...
Questions related to RBI Grade B Officer
what qualities can we learn for being a better RBI grade b officer
For becoming RBI grade B officer first of all you need to qualify the that exam.
Other than that the quality or skills you need is to be confident at any situation.
Become aware of every social and economic issues of the country and the world.
You need to be judge everything on your perspective not of others and make a wise decision.
Should I stop preparation for entrance exam and focused on remain 10+2 board exam as I heard that due to corona virus covid 19 universities can be cancelled the exam and noticed that the admission will based on 10+2 marks?
Let me assure you one thing that there is absolutely no chance of admission in engineering colleges based on class 12th board examination.JEE mains is postponed not canceled and even if gets cancelled there is no way that admission will take place based on 12th marks.So, just forget about these thing and focus on preparations because sooner or later all the exams will take place once the Covid-19 situation gets under control.
which would be better to choose between - BSc data science and BBA business analytics course according to syllabus of MAKAUT university?
This decision totally depends upon your choice what do you like the most.
It doesn't depend which course is better from where ,what matters is how interested are you in a course.
Talking of that the basic difference in both of them are
A person with data science skills can do work regarding a business analytics ,but the case is not other way around.
But as already mentioned its your personal choice.
Are MAKAUT university BSc+MSc data science graduate eligible to apply for RBI grade B DSIM/DEPR post? SSC CGL JSO and Complier post and UPSC ISS, IES post? Please mentioned other opportunities?
• Age Limit: The candidate must be 21 Years to 30 Years as on 01.04.2020 i.e. candidates must have been born between 02.04.1990 and 01.04.1999 (both dates inclusive)
• Educational Qualification: The candidate must be a graduate in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government. Those who are in the Final year/Semester of their Graduation may also apply provisionally subject to the condition that, if called for interview, they must produce proof of having passed the graduation examination on or before 01.07.2020. Candidates with Integrated Dual Degree (IDD) certificate must ensure that the date of passing the IDD is on or before 31.08.2020. Candidates with Chartered Accountant certification may also apply.
SBI PO Selection Procedure: Important Points
The candidates should keep in mind the following points related to the SBI PO selection process:
• Biometric Verification: To ensure an error-free and secure selection procedure for SBI PO 2020, the bank may digitally capture the thumb impression of the candidate. This is done to verify the genuineness of the candidates. Any inconsistency in the biometric verification will lead to rejection of the candidature and punitive legal actions. Candidates are thus advised not to apply any kind of external matter like ink, mehandi, chemical etc. on their hands.
• Number of Attempts: The maximum number of chances are fixed for each category. Candidates who have used up all the chances are not eligible to apply. Appearing in Preliminary Exam is not counted as an attempt but appearing in Mains Exam is counted.
Regards : banking classes in pune (https://www.sevenmentor.com/best-banking-classes-in-pune.php)
What is the salary in hand for newly recruited RBI grade b officer.and also pls tell me what perks they get?
The basic pay for RBI Grade B officer is Rs.35150 with RS.1750 increment upto 9 years.And by including Dearness allowance, house rent allowance, medical allowance, family allowance, house rent allowance, basic allowance your monthly gross salary will be approximately Rs.77,208.
Now, the perks along with this post are
- Reimbursement of expenses of vehicle for official purpose
- Newspaper bill
- Telephone bill
- Book grant
- Furnishing allowance
- Reimbursement of medical expenses
- Free dispensary
- Loans at concessional interest rates
- New pension scheme
- Leave fare concession all according to the eligibility