RBI Grade B Preparation Strategy 2021 – Important Topics & Tips for Phase 1 & 2

RBI Grade B officer post is one such post that is aspired by many but only a few who toil hard manage to get it. They say, “Work hard in silence and let your success make the noise”. But in these times of cut-throat competition, in addition to the hard work that one puts into the preparation for the Grade B exam, I would emphasize that smart study is equally important. One must know what to study, how to study when to start the preparation and most importantly the what study material to follow. Let us understand here what strategy one needs to follow to complete RBI Grade B Exam Preparation 2021 for Phase 1 and Phase 2.

Get Started with RBI Grade B 2021 Online Course comprising Video Lessons, Detailed Study Notes & All-India Mock Tests for Phase-1 & Phase-2.

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RBI Grade B Preparation Strategy 2021

I. What & How to Study? 

Here is the RBI Grade B 2021 Preparation Strategy for each of the Phases. But first, let us skim through the exam pattern.

1. RBI Grade B Exam Pattern: Phase-I (Online Examination – Objective Type)

The Paper will consist of tests of:

  1. General Awareness
  2. English Language
  3. Quantitative Aptitude 
  4. Reasoning

A total time of 120 minutes will be given for answering.

However, separate time will be allotted for each test.

Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website.

Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the examination based on the aggregate marks obtained in Phase-I.

Take RBI Grade B Phase-1 Free Mock Test Here & check your preparation level.


2. RBI Grade B Phase 1 – Important Pointers & Preparation Strategy

i. The key section will be the General Awareness section.

Keep reading the daily current affairs & revising them weekly. The last 6 months of current affairs before the notification are important. Having said that, the three months before the exam will be of utmost importance.

Revision is the key.

Remember your overall scores in phase 1 can be boosted by increasing the GA scores.

ii. Practise is important for the sections of Reasoning, Quants & English. Keep practicing the questions regularly say 3 to 4 times a week. 

iii. Identify your strengths and play on the same.

iv. Follow this simple flow:

Concept Building & Practice

                ⇓

Take Mock Tests.

               ⇓

Analysis of Mock Tests.

v. Attempts and accuracy matter the most. If the difficulty level of the paper is easy to moderate, then attempts need to be sufficiently high to be able to clear the overall cut off.

vi. Sectional timings had been introduced since the 2019 paper. Therefore, it becomes extremely important that we can correctly solve the questions in the time given to us. Here Mock Tests would help you.

vii. Sectional cut-offs will also play a part in your selection. You need to be good enough in each of the four sections to be able to clear the sectional cut-offs and thereby the going on to clear the overall cut off marks.


Current Affairs Coverage for Phase-1

  • Prepare current affairs for the last 6-months from the date of the examination. 
  • But high priority should be given to the current affairs of the last 3 months. 

What all topics should be covered in Current Affairs?

  • Daily News – For Phase-1 & Phase-2
  • Static GK – For Phase-1
  • Economic Survey – For Phase-1 & Phase-2
  • Union Budget – For Phase-1 & Phase-2
  • Census – For Phase-1 & Phase-2
  • SECC – For Phase-1 & Phase-2
  • Important RBI Notifications, Circulars, Reports – For Phase-2
  • Government Schemes – For Phase-1 & Phase-2

Note: Attempt Daily Free Quizzes of Quants, Reasoning, English, and GA on Oliveboard App and improve upon your weak topics.  


3. RBI Grade B Exam PatternPhase-II – Online Examination

Name of Paper Type of Paper Proposed
Time (Minutes)
Marks
Paper-I:
Economic and Social Issues
50% Objective Type + 50% Descriptive, answers to be
typed with the help of the keyboard
30 + 90
Total-120 Minutes
50 + 50
Total-100
Paper-II:
English (Writing Skills)
Descriptive, answers to be typed with the help of the keyboard 90 Minutes 100
Paper-III:
Finance and Management
50% Objective Type + 50% Descriptive, answers to be typed. with the help of the keyboard 30 + 90
Total-120 Minutes
50 + 50
Total-100 

For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each).

Note: 

  • In the case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, the first 4 shall be evaluated.
  • All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

Have a look at the RBI Grade B Crash Course covering all the Changes introduced in the Exam Pattern 2021.


4. RBI Grade B Phase 2 – Important Pointers & Preparation Strategy

4.1. Economics and Social Issues:

i. Current Affairs has the maximum weightage in ESI.

ii. Clear your basics of the topics given in the syllabus and simultaneously keep track of current affairs.

iii. Current Affairs Coverage for Phase-2

  • Prepare current affairs for the last 6-months from the date of the examination. 
  • But last 8-10 months current affairs should be referred for important indices, reports & Schemes. 

iv. Other Important Topics to be covered are:

  • Latest Government Schemes & Other old important Schemes
  • Latest Union Budget & Economic Survey
  • Census & SECC 
  • Important RBI Notifications & Circulars

4.2. Finance:

i. There has been a change in the trend in the type of questions being asked these days. The weightage for numerical has been decreasing. More emphasis is being given to basic concepts linked to current affairs.

ii. Have a firm grip over the topics of the syllabus accompanied by a dose of Finance current affairs. Keep reading a business newspaper.

iii. Important Topics to Cover are:

  • Time Value of Money
  • Bonds
  • Risk Management
  • Functions of RBI
  • Finance Commission
  • FRBM & Inflation
  • Corporate Governance
  • Primary & Secondary Markets
  • Derivatives
  • Income Statement & Balance Sheet
  • FinTech

4.3. Management:

i. Now this section is quite easy to prepare. Cover the topics given in the syllabus and then keep revising through reading and solving MCQs.

ii. Important Topics to be covered are:

  • Fundamental of Management
  • Organizational Behavious
  • Leadership
  • Motivation
  • Communication
  • General Management
  • Human Resource Development
  • Corporate Governance
  • Theory of Ethics

4.4. Descriptive Paper:

i. Start reading the editorials of the English newspapers.

ii. Practise 1 Essay, 1 Precis, and 1 Reading Comprehension every week.

Enol Here for RBI Grade B Phase 2 Mock Tests.


II. When to Start?

Start right from today. The sooner the better.


III. RBI Grade B Preparation Strategy as per Changed Exam Pattern

Imp. Prep. Pointer for Phase-1 & Phase-2 Subjects

Phase-1 GA Coverage ·         Give high priority to the CA of the last 3 months (Dec, Jan & Feb).

·         Also, cover the CA of Oct & Nov months.

·         For Schemes, Reports & Indices, focus on the last 8 months of CA.

Phase-1: Quants, Reasoning & English ·         Take 2 Mock Tests every week.

·         Do analyse each one of them.

Phase-2 Subjects ·         Prepare simultaneously for Phase-1 & Phase-2. You only have 3 weeks b/w Phase-1 & 2.

·         Last 1 week before Phase-1 paper, focus completely on Phase-1 prep.

Management ·         Cover all the chapters given in the syllabus and have a clear understanding of the concepts to be able to write descriptive as well as objective answers.
ESI ·         Brush up on your basic concepts.

·         Current affairs would dominate here.

·         Know the latest development related to the topics given in the syllabus.

·         Desc. Ques. can be of three types: Completely static, Static + Current Affairs + Completely Current Affairs Based or Opinion Based.

Finance ·         Again, get your concepts strong.

·         Cover all the topics given in the syllabus.

·         Follow current affairs related to the topics in the Finance syllabus.

Mock Tests ·         There is no alternative to practice.

·         Practice Phase-1 mock Tests.

·         Take Phase-2 Mock Tests (Objective + Descriptive).


For an elaborate strategy for RBI Grade B 2020, do watch the following given video here.

Have a look at the detailed preparation strategy by Oliveboard Expert here.


III. RBI Grade B Online Course 2021 by Oliveboard

Oliveboard offers the best RBI Grade B Online Coaching for you all which will help you crack the exam with ease in your first attempt.

Do join for your RBI Grade B 2021 exhaustive preparation.

Go through free RBI Grade B study materials PDFs and take up RBI Grade B Free mock tests online.

Oliveboard’s RBI Grade B Online Course 2021 will be your one-stop destination for all your preparation needs

1. Course Details

RBI Grade B Cracker is designed to cover the complete syllabus for the 3 most important subjects: GA for Phase 1 and Objective + Descriptive portions of ESI + F&M for Phase 2 exam. 

Not just that, it also includes Mock Tests & Live Strategy Sessions for English, Quant & Reasoning for Phase 1. The course aims to complete your preparation in time for the release of the official notification.

1.1. Features:

RBI Grade B 2021

Crash Course Offerings

Video Lessons & Study Notes

Mock Tests

  • 90+ Video Classes for ESI & FM
  • LIVE + Revision Sessions for ESI & FM
  • 10+ Descriptive English Classes
  • Detailed Study Notes ESI & FMCurrent Affairs Capsules & Past Year Papers
  • 6 Descriptive Mock Tests (ESI & FM)
  • 30 Objective Mock Tests (15 – ESI & 15 – FM)
  • 10 Full-Length Mock Tests for Phase 1
  • Topic Tests for each chapter of ESI & FM (1 Markers & 2 Markers)

 *We will get your ESI & FM descriptive answers evaluated!

rbi grade b 2021 course


1.2. How to enroll for the RBI Grade B Online Course 2021?

Sign up or log in using the link given below. You will be redirected to the payments page. Read the course offerings and subscribe to RBI Grade B 2021 Crash Course

Now that you are aware of the RBI Grade B Online Classes, why wait?

Get Started with RBI Grade B 2021 Online Course comprising Video Lessons, Detailed Study Notes & All-India Mock Tests for Phase-1 & Phase-2.

Use Coupon Code P30 & Get 30% off on RBI Grade B Course

RBI Grade B Toppers


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