RBI Grade B Syllabus and Exam Pattern 2023 for General, DEPR & DSIM with Detail Phase 1, 2

The RBI (Reserve Bank of India) will soon announce the official notification for the recruitment of RBI Grade B Officers in various departments like DSIM, DR, and DEPR. To clear the upcoming exam, it is essential to have a good understanding of the RBI Grade B Syllabus 2023, which will be released along with the official notification. Knowing the syllabus will help candidates prepare in the right direction and increase their chances of success in Phases 1, 2, & 3 of the exam. To qualify for the upcoming examination, candidates are advised to prepare according to the RBI Grade B Syllabus PDF, which we will discuss in detail here.

RBI Grade B Syllabus 2023

In the previous year’s notification, RBI (Reserve Bank of India) released a separate exam pattern and syllabus for all posts – General, DEPR, and DSIM. Candidates should review the changes in the syllabus and exam pattern and prepare accordingly for the RBI Grade B 2023 examination. The RBI Grade B Syllabus consists of the topics on which questions in the upcoming exam will be based. To crack this prestigious competitive exam, candidates must first clearly understand the RBI Grade B exam syllabus. The RBI Grade B exam has three phases: Prelims, Mains, and Interview.

RBI Grade B Syllabus & Exam Pattern 2023
Exam Conducting BodyReserve Bank of India
Exam NameRBI Grade B 2023
CategorySyllabus
Mode of ExamOnline
Selection ProcessPhase 1 (Objective) 
Phase 2 (Descriptive)
Phase 3 (Interview)
Negative Marking0.25 marks (in objective type)
Language of PaperEnglish and Hindi 
Official websiterbi.org.in
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RBI Grade B Exam Pattern 2023 for DR (General)

If you want to take the RBI Grade B Exam, it is essential to understand the exam pattern for Prelims & Mains. Below, we have provided a detailed explanation of the RBI Grade B Exam Pattern that every candidate should know.

RBI Grade B Prelims Exam Pattern

  1. The Prelims exam for the RBI Grade B Officer 2023 will be taken online and will have four sections.
  2. The exam has a total of 200 marks, and candidates will have 120 minutes to complete all the sections.
  3. A separate amount of time will be given for each section, and more details will be provided through an information handout, which will come with the admit card.
  4. Candidates must achieve a minimum score in each section as well as an overall minimum aggregate score.
  5. For every incorrect answer, there will be a negative marking of ¼th of a mark.
RBI Grade B Prelims Exam Pattern 2023
S No.Section AskedNo. of QuestionsMaximum MarksDuration
1.General Awareness808025 minutes
2.Quantitative Aptitude303025 minutes
3.English Language303025 minutes
4.Reasoning606045 minutes
Total200200120 minutes
This table is explained for RBI Grade B Prelims Exam Pattern

RBI Grade B Phase 1 Syllabus for DR (General)

The RBI Grade B Exam 2023 Preliminary examination will have four sections: Reasoning Ability, Quantitative Aptitude, English Language, and General Awareness. Below is a detailed syllabus for the RBI Grade B Prelims exam:

RBI Grade B Phase 1 Syllabus for DR (General)
ReasoningQuantitative AbilityEnglish LanguageGeneral Awareness
Logical ReasoningSimplificationReading ComprehensionCurrent Affairs
Alphanumeric SeriesProfit & LossCloze TestIndian Financial Systems
Ranking/Direction/Alphabet TestMixtures &AlligationsPara jumblesIndian Banking Systems
Data SufficiencySimple Interest & Compound Interest & Surds & IndicesMiscellaneousMonetary Plans
Coded InequalitiesWork & TimeFill in the blanksNational Institutions
Seating ArrangementTime & DistanceMultiple Meaning /Error SpottingBanking Terms
PuzzleMensuration – Cylinder, Cone, SphereParagraph Completion 
TabulationData Interpretation 
SyllogismRatio & Proportion, Percentage
Blood RelationsNumber Systems
Input OutputSequence & Series
Coding DecodingPermutation, Combination &Probability
This table is explained for RBI Grade B Phase 1 Syllabus for DR (General)

RBI Grade B Phase 2 Exam Pattern for DR (General)

  1. The RBI Grade B Mains exam is worth a total of 300 marks.
  2. The Mains (Phase-II) examination for RBI Grade B Officers in Gr B (DR)- General consists of three papers (Paper-I + Paper-II + Paper-III).
  3. Candidates must appear for all the shifts.
  4. Separate Admission Letters will be given for each shift.
  5. The Phase-II online Examination will only be conducted for candidates who have been shortlisted based on their Phase-I results and the cut-off score set by the Board.
  6. The Phase-II examination will be conducted in multiple shifts, and candidates must appear for all of them.
RBI Grade B Phase 2 Exam Pattern for DR (General)
SNo.Sections / SubjectsPaper TypeMaximum MarksDuration (minutes)
1.Paper I: Economics and Social Issues50% Objective Type, 
50% Descriptive (to be typed with the help of the keyboard)
50
50Total-100
30
90Total-120
2.Paper II: English (Writing Skills)Descriptive (3 questions)10090 minutes
3.Paper III: Finance and Management50% Objective Type
50% Descriptive
50
50Total-100
30
90Total-120
This table is explained for RBI Grade B Phase 2 Exam Pattern for DR (General)

RBI Grade B Phase 2 Syllabus for DR (General)

The RBI Grade B exam 2023 Mains Examination has 3 sections: Economic & Social Issues, Finance, and Management. Here’s a detailed syllabus for each section.

RBI Grade B Phase 2 Syllabus for DR (General)
SubjectSyllabus
Paper 1- Economic & Social Issues1. Growth and Development 
(a) Measurement of growth- National Income and per capita income
(b) Poverty Alleviation and Employment Generation in India
(c) Sustainable Development
(d) Environmental issues
2. Indian Economy 
(a) Economic History of India
(b) Changes in Industrial and Labour Policy
(c) Monetary and Fiscal Policy since reforms of 1991
(d) Priorities and recommendations of Economic Survey and Union Budget
(e) Indian Money and Financial Markets: Linkages with the economy
(f) Role of Indian banks and Reserve Bank in the development process
(g) Public Finance
(h) Political Economy
(i) Industrial Developments in
(j) IndiaIndian Agriculture
(k) Services sector in India
3. Globalization
(a) Opening up of the Indian Economy
(b) Balance of Payments
(c) Export-Import Policy
(d) International Economic Institutions
(e) IMF and World Bank
(f) WTO
(g) Regional Economic Cooperation
(h) International Economic Issues
4. Social Structure in India 
(a) Multiculturalism
(b) Demographic Trends
(c) Urbanisation and Migration
(d) Gender Issues
(e) Social Justice: Positive Discrimination in favour
(g) Social Movements
(h) Indian Political System
(i) Human Development
(j) Social Sectors in
(k) IndiaHealth and Education
Paper 2- EnglishTo analyse the writing skills of the candidates including expression and understanding of the topic
Paper 3 (a) Finance1. Financial System
(a) Regulators of Banks and Financial Institutions
(b) Reserve Bank of India- functions and conduct of monetary policy
(c) Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector.
(d) Impact of the Global Financial Crisis of 2007-08 and the Indian response
2. Financial MarketsPrimary 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
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
Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector.
6- The Union Budget – Concepts, approach and broad trendsInflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends; striking a balance between inflation and growth through monetary and fiscal policies.
7- FinTech
Paper 3 (b)- Management1. Fundamentals of Management & Organizational Behaviour
(a) Introduction to management
(b) Evolution of management thought
(c) Scientific, Administrative, Human Relations
(d) Systems approach to management
(e) Management functions and Managerial roles
(f) Nudge theory
(g) Meaning & concept of organizational behaviour
(h) Personality: meaning, factors affecting personality, Big five model of personality
Concept of reinforcement
(i) Perception: concept, perceptual errors
(j) Motivation: Concept, importance
(k) Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory)
(L) Process theories (Adams equity theory, Vrooms expectancy theory).
(m) Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership
(n) Emotional Intelligence: Concept, Importance, Dimensions
(o) Analysis of Interpersonal Relationship: Transactional Analysis, Johari WindowConflict: Concept, Sources, Types, Management of Conflict
(p) Organizational Change: Concept, Kurt Lewin Theory of Change
(q) Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).
2. Ethics at the Workplace and Corporate Governance
1-Meaning of ethics, why ethical problems occur in the business
2-Theories of ethics: Utilitarianism: weighing social cost and benefits, rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring
3-An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory
4-Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing,
5-etcEthical 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.
6-Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance
7-Communication: Steps in the Communication Process;
8-Communication Channels; Oral versus Written Communication; Verbal versus non-verbal
9-Communication; upward, downward and lateral communication
10-Barriers to Communication
11-Role of Information Technology
This table is explained for RBI Grade B Phase 2 Syllabus for DR (General)

RBI Grade B Exam Pattern 2023 for DEPR

  1. The selection process for RBI Grade B (DR)- DEPR involves an Online/Written Examination and Interview.
  2. There are three papers in the Examination. Paper I is Objective Type and focuses on Economics. Paper II and III are Descriptive Type.
  3. Candidates must score minimum aggregate marks in Paper I to be eligible for Paper II/III. The shortlisting is based on the marks obtained in Paper I.
  4. Final selection for the RBI Grade B (DR)- DEPR position will be based on the performance in all three papers and the interview. The interview round will have a weightage of 75 marks.
RBI Grade B Exam Pattern 2023 for DEPR
PhasePaperDurationMarks
Phase I (Objective)Paper-I Economics120 minutes100
Phase II (Descriptive)Paper-II Economics180 minutes100
Paper-III English90 minutes100
Total 300
This table is explained for RBI Grade B Exam Pattern 2023 for DEPR

RBI Grade B Phase 2 Syllabus for DEPR

The topics covered in the syllabus for RBI Grade B (DR) DEPR are based on the job responsibilities that involve conducting economic analysis, research, and assisting with policy-making. Additionally, the syllabus covers the collection of data related to specific sectors.

RBI Grade B Phase 2 Syllabus for DEPR
Paper I: Economics Relatedbased on Master’s Degree examination in Economics
Paper-II: Economics Relatedbased on Master’s Degree examination in Economics
Paper III: EnglishThe English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic
This table is explained for RBI Grade B Phase 2 Syllabus for DEPR

RBI Grade B Phase 2 Exam Pattern for DSIM

  1. The selection process for the RBI Grade B (DR)- DSIM candidates involves an Online/ Written Examination and Interview.
  2. The examination consists of three papers, namely Paper I (Objective Type on Statistics), and Paper II & III (Descriptive Type).
  3. To qualify for Paper-II/ Paper III, candidates need to score the minimum aggregate marks in Paper I as prescribed by the exam conducting authority.
  4. Final selection of candidates will be based on their performance in Paper I, II & III and interview. The interview round will carry 75 marks.
RBI Grade B Phase 2 Exam Pattern for DSIM
PhasePaperDurationMarks
Phase I (Objective)Paper-I Statistics120 minutes100
Phase II (Descriptive)Paper-II Statistics180 minutes100
Paper-III English90 minutes100
Total 300
This table is explained for RBI Grade B Phase 2 Exam Pattern for DSIM

RBI Grade B Phase 2 Syllabus for DSIM

RBI Grade B Phase 2 Syllabus for DR- DSIM has been discussed below for Paper 1, 2, and 3 as mentioned by RBI. 

RBI Grade B Phase 2 Syllabus for DSIM
Paper I: Statistics
(Objective)
Probability
1-Definition of Probability
2-Standard distribution
3-Large and small sample theory
4-Analysis of Variance
5-Estimation
6-Testing of Hypotheses
7-Multivariate analysis
8-Stochastic Processes
Paper-II: Statistics
(Descriptive)
1-Probability and Sampling
2-Linear Models and Economic
3-StatisticsStatistical Inference: Estimation, Testing of hypothesis and Non-parametric Test
4-Stochastic Processes
5-Multivariate analysis
6-Numerical Analysis and Basic Computer Techniques
Paper III: English
(Descriptive)
The English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic
This table is explained for RBI Grade B Phase 2 Syllabus for DSIM

RBI Grade B Interview

To select candidates for RBI Grade B Officer post, an interview will be conducted for 75 marks. Candidates who score a minimum aggregate cut-off marks in Phase-II (Paper-I+Paper-II+Paper-III) will be shortlisted for the interview. The Board will decide the minimum cut-off marks based on the number of vacancies. The roll numbers of shortlisted candidates will be posted on the RBI website, and interview call letters will be sent to the registered email ID. Candidates can opt for an interview in either Hindi or English. The final merit list will be prepared by combining the marks obtained by a candidate in the Phase-II examination and interview. The merit list will determine the final selection of candidates.

FAQ

Q. What is the selection process for the RBI Grade B Officer Exam?

The selection process for the RBI Grade B Officer Exam includes three phases – Preliminary Exam, Mains Exam, and Interview.

Q. What is the syllabus for the RBI Grade B Officer Preliminary Exam?

The syllabus for the RBI Grade B Officer Preliminary Exam includes Reasoning Ability, Quantitative Aptitude, English Language, and General Awareness.

Q. What is the syllabus for the RBI Grade B Officer Mains Exam?

The syllabus for the RBI Grade B Officer Mains Exam includes Economic and Social Issues, Finance and Management for General stream, and Economics for DEPR and Statistics for DSIM.

Q. What is the marking scheme for the RBI Grade B Officer Exam?

The marking scheme for the RBI Grade B Officer Exam includes 1 mark for each correct answer and a negative marking of 1/4th mark for each wrong answer.

Q. What is the duration of the RBI Grade B Officer Preliminary Exam?

The duration of the RBI Grade B Officer Preliminary Exam is 120 minutes.

Q. What is the total duration of the RBI Grade B Officer Mains Exam?

The total duration of the RBI Grade B Officer Mains Exam is 270 minutes (90 minutes for each paper).

Q. Is there an interview for the RBI Grade B Officer Exam?

Yes, there is an interview for the RBI Grade B Officer Exam, which carries 75 marks.

Q. What is the final selection criteria for the RBI Grade B Officer Exam?

The final selection for the RBI Grade B Officer Exam is based on the candidate’s performance in the Mains Exam and Interview. The merit list is prepared by adding marks secured by candidates in Phase-II examination and interview.

CONCLUSION

RBI Grade B exam is conducted in three phases – Phase I, Phase II, and Interview. The Phase I exam is an objective type online exam consisting of four sections – General Awareness, English Language, Quantitative Aptitude, and Reasoning. Phase II exam consists of three papers – Paper I (Economic and Social Issues), Paper II (English Writing Skills), and Paper III (Finance and Management). Finally, the interview round will be conducted for candidates who clear Phase II.

Candidates who are preparing for the RBI Grade B exam should focus on covering all the topics mentioned in the syllabus and practice previous year question papers to get a better understanding of the exam pattern. Additionally, candidates should also focus on improving their time management skills and accuracy to clear the exam with good scores.

Overall, the RBI Grade B exam is a highly competitive exam and requires dedicated and consistent efforts to clear it.

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