RBI Grade B Officer Phase II Mains Exam Syllabus

• (I) Finance:

(a) Financial System

• Regulators of Banks and Financial Institutions
• Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity,etc.), functions, instruments, recent developments.

(c) General Topics

• Risk Management in Banking Sector
• Basics of Derivatives: Forward, Futures and Swap
• Changing Landscape of Banking sector
• Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
• Financial Inclusion- use of technology
• Alternate source of finance, private and social cost-benefit, Public-Private Partnership
• Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
• 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),
• Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends.
• Fintech

Suggested reference material:

Finance

• Monetary Theory and Public Policy – Kenneth Kurihara
• Indian Economy – Mishra & Puri
• Economic Growth and Development – Mayer and Baldwin
• Financial Management – Prasanna Chandra
• Major financial newspapers
• International business by Hill and Jain
• RBI Annual Report, Report on Trend and Progress of Banking in India, etc.
• Economic Survey
• Material sourced from RBI website

Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory

Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory).

Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources,Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).

• Ethics at the Workplace and Corporate Governance:

Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical 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.

Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance

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.

Suggested reference material:

Management

• Stephen P. Robbins & Mary Coulter, Management.

• Robbins Stephen P and Judge T.A. Vohra, Organisational Behaviour

• Dessler Gary, Warkkey Biju- Human Resource Management

• Decenzo and Robbins- Fundamentals of Human Resource Management

• Velasquez Manuel G: Business Ethics- Concepts and Cases.

• Fernando A.C.: Business Ethics – An Indian Perspective.

• Crane Andrew & Matten Dirk: Business Ethics

• Ghosh B N: Business Ethics & Corporate Governance