RBI Grade B Phase II Exam 2023: Best Reference Study Materials And Books

RBI Grade B Phase II Exam 2023: Best Reference Study Materials And Books

Get ready for RBI Grade B Phase II Exam 2023 with the best reference study materials and books.
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RBI Grade B Phase II Exam 2023: Best Reference Study Materials And Books

RBI Grade B exam is conducted to recruit the candidates for various posts in Reserve Bank of India (RBI) that includes DR, DEPR, and DSIM. The job is considered very prestigious so a large number of candidates apply for the exam. Candidates are selected after they pass in all three stages that are prelims exam, mains exam and interview. After passing the prelims exam, candidates are chosen for the mains exam, also known as phase 2 exam, which is a crucial stage. In order to prepare well for the phase 2 exam, candidates should know about good books and other study materials and if they prepare well with it, they can easily crack the RBI Grade B Phase II Exam 2023.

RBI Grade B Phase 2 Or Mains Exam Pattern And Syllabus

To prepare well for the RBI Grade B Phase II Exam 2023, it is crucial to have complete knowledge about the exam pattern and syllabus of phase 2 exam. The exam is conducted online and the questions asked are both objective as well as descriptive.

Exam Pattern

Subject

Paper type

Marks

 Duration

Paper1 – Economics and Social Issues

Objective – 50%

Descriptive – 50%

Objective – 50

Descriptive – 50

Objective – 30 min

Descriptive – 90 min

Paper2 – English

Descriptive Test

100

90 minutes

Paper3 – Finance and Management

Objective – 50%

Descriptive – 50%

Objective – 50

Descriptive – 50

Objective – 30 min

Descriptive – 90 min

The candidates need not be stressed about the RBI Grade B Phase II Exam Pattern, but if they prepare well with the RBI Grade B Phase II Study Materials and Books 2023, they can easily crack the RBI Grade B Phase II Exam 2023 in the first attempt.

The candidates and aspirants can download the RBI Grade B Phase II Study Materials and Books 2023 online from raceinstitute.in link. 

In order to get through with the RBI Grade B Phase II Syllabus, the candidates and aspirants must prepare with the RBI Grade B Phase II Study Materials and Books 2023.

Added to all this, the candidates and aspirants must also prepare with the RBI Grade B Phase II Previous Year Question Paper, to practice for better time management.

Syllabus

  • Economics and Social Issues – Economic Reforms in India, Globalization, Growth & Development, Social Structure of India
  • Finance and Management – Financial System, Financial Market, Management, Leadership, Motivation, Communication, Corporate Governance
  • English Writing Skills – Essay Writing, Summary Writing, Comprehension

For the candidates and aspirants to build their confidence, it is important to attempt RBI Grade B Phase II Mock test.

Best Reference Books And Study Materials For Phase 2 Or Mains Exam

Here are the Best Books and Study Materials for RBI Grade B Phase II Exam. Choosing the most appropriate books for preparation can be a difficult task for candidates, who may be confused about which book to purchase. Candidates should always plan ahead of time to select RBI Grade B books that cover the prescribed syllabus and include mock papers. To prepare well for the exam, study the list of books and study materials mentioned below.

Subject 

Books

Economy & Social Issues

Indian Economy

  • Uma Kapila (book series)
  • Mishra & Puri (latest edition)

Growth and Development 

  • Devraj Ray

Sociology

  • CN Shankar Rao

Other study materials

  • Newspapers (The Hindu, Economic Times & Business Standard)
  • Economic Survey of India
  • World development report
  • RBI annual report
  • Report on trend and progress of banking in India
  • IMF: World Economic Outlook
  • Magazines and RBI bulletins

English 

  • Objective English by Edgar Thorpe
  • Word Power Made Easy by Norman Lewis
  • Objective General English by RS Aggarwal, Vikas Aggarwal

Finance & Management

Finance

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

Management

  • Stephen P Robbins & Mary Coulter, Management
  • Crane Andrew & Matten Dirk: Business Ethics
  • Fernando A C: Business Ethics-An Indian Perspective.
  • Robbins Stephen P and Judge T A Vohra, Organisational Behaviour
  • Decenzo and Robbins-Fundamentals of Human Resource Management
  • Velasquez Manuel G: Business Ethics-Concepts and Cases.
  • Ghosh B N: Business Ethics & Corporate Governance
  • Dessler Gary, Warkkey Biju- Human Resource Management

Study Material for DEPR and DSIM Post

  • RBI annual report
  • Monetary policy report
  • Progress of banking in India
  • Economic Survey of India published by the government in the past 2 years
  • Financial stability report

Frequently Asked Questions (FAQs)

1 – How many times a week should I solve mock papers while preparing for the RBI Grade B exam?

Ans. While preparing for the RBI Grade B exam candidates should solve at least 2 to 3 mock papers in a week in order to give their best during the day of exam.

2 – What is the total weightage of the RBI Grade B phase 2 exam?

Ans. The total weightage of the RBI Grade B phase 2 exam is 300 marks with each subject consisting of 100 marks in total.

3 – Which magazines are best while preparing for the RBI Grade B exam?

Ans. Candidates preparing for the RBI Grade exam should read magazines such as Economic and Political Weekly, Southern Economist, Yojana and Business India.

4 – Should I solve previous year question papers of the RBI Grade B exam?

Ans. In order to understand the kind of questions asked in the RBI Grade B exam candidates should solve previous year question papers.

5.Where can I get Best Books and Study Materials for RBI Grade B Phase II Exam?

Ans. The candidates and the aspirants can download the Best Books and Study Materials for RBI Grade B Phase II Exam online from raceinstitute.in link.

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