Preparing for the interview is the most difficult part as there is no defined syllabus. It includes everything under the sun. So let’s listen from the horse’s mouth himself. Let’s go on to read RBI Success Story – Pushkar Pahwa.
RBI Success Story – Pushkar Pahwa
1. About RBI
You should be well aware of the organization you are aspiring to work with. Therefore, read about the history, organizational structure, departments, functions, etc. of the RBI. The most reliable source for this would be the documents available on the website of RBI itself. I found particularly these two documents – i. RBI: Functions and Working & ii. RBI Overview is very useful in this regard. You can find these on the RBI website.
2. Finance & Economics related issues
You should be well aware of the current happenings in finance and the economy both in India and the world. Also, you should be aware of the recent trends and issues in the banking sector. For this, you will have to rely on two sources:
1. Newspapers: Follow 3-4 newspapers daily. I would suggest the economic times, business line, and economy/ money section of livemint. You can use the Feedly app on your mobile phone for this purpose. Do not just read the articles but critically analyze them. Many of the time you will not understand the terminology/jargon used. Google the same instantly. Do not focus much on facts. Make your own short notes of the issues and revise them before the interview.
2. RBI Speeches: This section is frequently updated on RBI’s website. For me, this was the bible of current issues for my interview preparation. These speeches are mostly delivered by Executive Directors, Dy. Governors and governors in lucid language are very informative. I would recommend you to go through the speeches of the past 4 months. That would give you a fair idea of the happenings in the financial sector in the recent past. Again, make short notes for revision before the interview.
3. Your present job (if you are a working professional)
As per my knowledge, for most of the candidates, the interview is centred on their present job and the biodata. Since you are the best judge of what you are doing, I would leave it to you to prepare yourself for this part. However, I would suggest you be truthful and not try to fake anything as the panel can outsmart you very easily. This part could be both your strength as well as weakness depending on how to prepare for it.
4. Your Biodata
You have to submit a biodata form before the interview in which you mention the academic details, your work experience, hobbies/ interests, details of high academic or professional qualifications, particulars of prizes/ medals/ scholarships, etc, and your achievements in extra-curricular activities. Again, these things are individual-specific and you are the best judge to decide about its preparation. However, keep in mind that the panel sometimes asks very typical and unexpected questions related to your hobby or unique academic or professional qualifications. So, make sure you are well prepared for those things. Since the questions related to the biodata will be ‘all about you, you should be in a position to confidently answer all of them.
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Miscellaneous tips for the Interview:
- Don’t be in a hurry to answer. Take your time before answering.
- Be confident all the time – Saying a confident ‘No/ I don’t know is better than giving an under-confident/the wrong answer.
- Remember that no matter how much you prepare for the interview, there are high chances that the interview gets steered into unknown territory. So, make sure you are mentally ready for that scenario. The key in such a situation would be to retain your calm and confidently say ‘I don’t know.
- Don’t feel under-confident by seeing the biodata/ profile of your fellow candidates. All of you have an equal chance to get selected.
- Dress neatly – preferably suit for boys and saree for girls. Do not try a new hairstyle/ look before the interview. For example, being a bearded guy, I was very confused as to whether I should appear for the interview with a beard or clean-shaven (which is the norm). I decided to go with a beard as trying something new (clean-shaven) would have made me conscious and less confident. And I scored good marks in the interview. So, the key is to be ‘you’ – both physically and mentally.
Wish you all the very best!
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Read More:
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