RBI Officer Grade B Syllabus & Exam Pattern 2024

RBI Grade B Officer Syllabus and Exam Pattern 2024: RBI mentions the RBI Grade B Officer 2024 syllabus and exam pattern in the official notification. Aspirants willing to apply can go through the important concepts and topics with the help of the RBI Grade B Officer 2024 syllabus and exam pattern. The RBI Grade B Officer exam is conducted for three different departments, General, Department of Economic and Policy Research (DEPR) and Department of Statistics and Information Management (DSIM).

Along with syllabus and exam pattern, candidates also know RBI Grade B officer salary. Candidates can plan their studies and focus accordingly with the help of the RBI Grade B Officer syllabus and exam pattern. To ace the recruitment test, aspirants should follow the RBI Grade B Officer 2024 syllabus and exam pattern of each stage. As per RBI Officer Grade B 2024 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. 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. To know more about RBI Grade B syllabus and paper pattern 2024, read the full article.

RBI Grade B Syllabus 2024 – Phase I

The exam conducting body prescribes the syllabus of RBI Officer Grade B 2024Phase I for all the positions. The RBI Grade B Officer 2024 syllabus for Phase I covers General Awareness, English Language, Quantitative Aptitude and Reasoning. With the help of the syllabus of RBI Officer Grade B 2024, an aspirant can 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 2024– Phase I

RBI Grade B Exam Pattern 2024for Phase I

RBI Grade B Exam Pattern 2024 for Phase I (General)

RBI Officer Grade B Exam Pattern 2024 for Paper 1 (DEPR)

· 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 2024 for Paper 1 (DSIM)

RBI Officer Grade B Syllabus & Exam Pattern 2024 – Phase II

RBI Officer Grade B syllabus & exam pattern for phase II contain the subjects and topics from three papers. Phase II of RBI Grade B 2024 will have both objective and descriptive questions. 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

Candidates can prepare accordingly by referring to the complete syllabus & exam pattern of RBI Officer Grade B given below:

Note: For both Paper I and III, there will be 30 questions and 50 marks for Objective questions. However, some questions carrying 2 marks each and some carrying 1 mark each. In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions. These descriptive questions are 2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.

RBI Grade B Syllabus & Exam Pattern 2024 Interview

Qualified candidates in the phase II exam of RBI Officer Grade B will have to appear in the interview round. It will be conducted in English or Hindi for shortlisted candidates. Candidates who will score in Phase II and Interview will be finally included in the provisional allotment list of qualified candidates. The interview process will carry 75 marks. Candidates will be asked questions in the Interview from the following topics:

· Knowledge and general perception towards the government

· Economy

· The nation

· The knowledge of the Indian and International Banking system.

RBI Grade B Syllabus 2024 for Phase II

1. RBI Officer Grade B Syllabus - Economic and Social Issues

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

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

A. 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

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. RBI Officer Grade B Syllabus - Economics

A. Microeconomics

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

2) Markets-monopoly, perfect and imperfect competition.

3) General Equilibrium of price and activity, economic welfare, and the case for regulatory / policy interventions.

B. Macroeconomics

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

and the 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 interconnected financial markets; the 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 the 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.

Quick links:

• RBI Grade B Application Form
• RBI Officer Grade B Admit Card

RBI Officer Grade B Syllabus - 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. Finance

· Logarithmic

· 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

· 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.

· 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 the 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

· 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 the ratio of vital events

· stationery 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

· 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

· Basics of Networking

· Internet Technologies

· Web and HTML

· Distributed systems

· Programming using C

· MINITAB

· FORTRAN

Quick links:

• RBI Officer Grade B Question Papers 2024
• RBI Officer Grade B Selection Procedure 2024
• RBI Officer Grade B Result 2024

RBI Grade B 2024 Preparation Tips

· Be acquainted with the RBI Officer Grade B syllabus

· Get accustomed to the exam pattern of RBI Officer Grade

· Solve RBI Grade B Previous Years Question Papers

· Analyse the mistakes

· Revise the strengths

· Work and refine the weaknesses

· Take online mock test available for RBI Officer Grade B 2024