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RBI Grade B Syllabus 2016 Exam Pattern Paper 1, 2, 3

Check RBI Grade B Syllabus 2016 with Exam Pattern, RBI Grade B Paper 1, 2, 3 Syllabus 2016 - Every year, Reserve Bank of India (RBI) conducts sevaral recruitment examinations. One of its main exam is for the recruitment of Grade B officer posts. Those candidates who are preparing for RBI Grade B Main exam must start their preparation as per syllabus given here. If they prepare well for the exam, then they can Qualify and increase their chances of getting selected. The candidates should prepare according to RBI Grade B Exam Syllabus 2016 given here for better preparation.


RBI Grade B Syllabus 2016

Selection Process: Selection will be through Online Examinations and interview. Examinations will be held in two phases as described in following paragraphs.
Check RBI Grade B Admit card

RBI Grade B Exam Pattern

The on-line examination will comprise the following sections having objective type multiple choice questions as stated below :
(i) General Awareness
(ii) English Language
(iii) Quantitative Aptitude and
(iv)Reasoning

RBI Grade B Phase 1 Exam Pattern
Name of the section Number of questions Marks
Quantitative Aptitude 30 30
General Awareness 80 80
English Language 30 30
Reasoning 60 60
Total 200 200

(I) Phase-I online Examination (Objective Type) : This Paper is for 200 marks. The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method. The Paper consists tests of (i) General Awareness (ii) English Language (iii) Quantitative Aptitude and (iv) Reasoning, with composite time of 120 minutes.

Roll No. of the candidates shortlisted for Phase-II examination will be published on RBI web-site, tentatively within a week after Phase-I examination.

Candidates have to clear the cut off scores required. Candidates will be shortlisted for Phase-II of the examination based on the aggregate marks obtained in Phase-I. The minimum aggregate cut-off marks for being shortlisted for Phase-II of the examination will be decided by the Board in relation to the number of vacancies.

(II) Phase-II online Examination: The Phase-II online Examination will be conducted only for the candidates who are shortlisted on the basis of results of Phase-I. The Phase-II examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for Phase-II will be intimated to the candidates concerned along with Admission Letter for Phase-II. Phase–II online examination will consist of three papers as under:

Number of attempts: Candidates belonging to unreserved i.e. General Category, who had already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.

In Paper-III, candidates have to choose one of the three subjects at the time of online application. All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

(III) Interview: Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID. Interview will be of 50 marks. Candidate may opt for interview either in Hindi or English. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

RBI Grade B Syllabus 2016 Phase 1

Here is the syllabus of Phase 1 Exam.
1. Reasoning
The topics are:
Alphabet test
Mathematical operations
Series
Input output
Puzzle
Statement and assumptions / arguments
Sitting arrangement
Coding-decoding
Blood relations
Directions
Ranking
Inequility
Statement and action’s courses
Passage and conclusions
Assertion and reasoning
Analogy
Odd one out
Classification
Syllogism
Causes and effects
Decision making
Statement and conclusions

2. Quantitative Aptitude
Number system
HCF & LCM
Number Problems
Number series
Ratio and proportions
Average
Age
Simplifications
Profit and loss
Mensuration
Approximations
Partnerships
Percentage
Simple & Compound interest
Time and work
Time and distance
Ratio & Proportion
Decimal fractions
Square root and cube root
Probability
Data Interpretation (Pie charts, Bar graphs, Line graphs, Mixed graphs)

3. English Language Section Syllabus
The topics are:
Fill in the blanks
Double Fill in the blanks
Spotting the errors
Phrase substitution
Ordering of sentences
Reordering of sentence & passage
Choosing wrongly spelt words
Comprehensions
Cloze Test
Idioms & Phrases
Choosing the appropriate filler
Synonyms and antonyms
One word substitution

4. General Awareness section syllabus
Current Affairs
Government Schemes
Books & Their Authors
Types of Banks
Ministers / Politics
Marketing
Agriculture
Banking Terms / full forms
Important days / dates
Currency and capital
Finance
Indian and International Economy
International Financial Institutions / Organization and their heads
Social Function of Banks
Awards & Honors
Sports
Budget
RBI, GDP, Policies (Fiscal, Monetary)

RBI Grade B Syllabus 2016 Phase 2

RBI Grade B Syllabus Paper I
Paper-I - Economic and social Issues:
Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatization – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

RBI Grade B Syllabus 2016 Paper 2
Paper-II -English (Writing Skills):
The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

RBI Grade B Syllabus 2016 Paper 3
Paper-III -Finance and Management/ Economics/Statistics:
(A) Finance and Management :

(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.
Suggested reference material:
An introduction to Economics – A W Stonier and D C Hauge
Monetary Theory and Public Policy – Kenneth Kurihara
Indian Economy – Mishra and Puri
Indian Economy – R. Dutt and KPM Sundaram
Economic Growth and Development – Mayer and Baldwin
Major economic newspapers and Economic and Political Weekly
Public Finance – K K Andley and Sundaram
Financial Management – Prasanna Chandra
RBI Grade B Officer Syllabus
(II) Management:
Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counselling – Career Planning – Training and Development – Rewards – Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. 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. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

The questions on this section will be basic in nature.
(B) Economics
(a) Microeconomics
Consumers behaviour and firms; value of resources like land, labour and capital
Markets-monopoly, perfect and imperfect competition
General Equilibrium of price and activity, economic welfare and case for regulatory / policy interventions
(b) Macroeconomics
Measuring national income and its components; basic macro identities and idea of macro-balance; Goods and Financial Market Equilibrium (IS-LM Framework)
Major macro-economic school of thoughts; Classical, Keynesian and Monetarist
Consumption and Investment demand; demand management policies and their effectiveness
Money demand and supply; monetary and fiscal policies
(c) International Economics
Benefit of International trade; comparative and absolute advantage; effect of International trade on resources allocation and factor price equalisation; non-conventional trade barriers, optimum currency areas and effect of customs union
International finance and exchange rates issues in an open economy, benefits and costs of an inter-connected financial markets; evolution of international financial architecture
(d) Public Economics
Public Goods, instruments of financing, government tax and non-tax revenue
Direct and Indirect taxes, efficiency costs of commodity taxes, income taxation, labour supply and savings, corporate taxation and corporate behaviour
Government expenditure policy-various components, deficit financing and its impact on the economy, government debt and crowding out of private capital
(e) India’s Economy and Development Issues
India’s experimentations with planned development models and the outcomes, structural issues-savings and investment, demography, urbanization, productivity, etc., issues with poverty, inequality and employment
Agriculture- policy and developments, manufacturing competitiveness; what is holding India back, role of public sector enterprises in the key economic sectors, India’s resilient service sector; trade, tourism, communication, ITES, etc.
Financial sector regulation and reforms-banking, insurance and capital market, fiscal policy and the changing priorities of government, emergence of monetary policy and its new role
Suggested reference material:
Microeconomics, Student Value Edition (8th edition) by Robert Pindyck, Daniel Rubinfeld
Intermediate Microeconomics : A modern Approach(8th edition) by Hal R. Varian
Macroeconomics(2011) by Rudiger Dornbusch, Stanley Fisher, Richard Starz
Macroeconomics by N. Gregory Mankiw, (Seventh Edition),
International Economics (2013) by Domimick Salvatore
International Economics(2011) by Paul Krugman and Maurics Obstfeld
International Finance and Open Economy Macroeconomics (1993) by Francisco L.Rivera- Batiz, Luis A.Rivera- Batiz
Public Finance in Theory and Practice(1989) by Richard Abel Musgrave and Peggy B.Musgrave
The Concise Oxford Companion to Economics in India, Edited by Kaushik Basu & Annemie Maertens
Indian Economy since Independence (2014) edited by Uma Kapila
Indian Economy : Performance and Policies(2016) edited by Uma Kapila
India Development Report (2016) edited by S. Mahendra Dev
(C) Statistics:
(1) Probability: Random variables, Theorems of probability, Conditional probability, Independent events, Bayes' theorem and its application, expectation, moments, distribution functions, Binomial, Poisson, Geometric, Exponential, Negative binomial, Hyper geometric, Cauchy, Laplace, Logistic, Pareto, Log-normal, Beta and Gamma distributions, Weibull, Uniform, Bivariate normal distribution and truncated distributions, Markov’s inequality, Chebyshev’s inequality, Cauchy-Schwarz inequality, Laws of large numbers, Central limit theorems and applications.
(2) Statistical Methods: Population and sample, Measures of central tendencies Parameter and Statistic, Correlation and Regression, intra-class correlation, multiple and partial correlations, Spearman's coefficient of rank correlation, Z, chi-square, t and F statistics and their properties and applications, Large sample distributions, Variance stabilizing transformations, sin inverse, square root, logarithmic and z transformation.
(3) Linear Models: General Linear models, BLUE, method of least squares, Gauss-Markoff theorem, estimation of error variance, Simple and Multiple linear regression models, Important assumptions and treatments in case of assumption’s violation, Regression diagnostics, Analysis of variance in one, two and three-way classifications, Analysis of Covariance in one and two-way classifications.
(4) Statistical Inference: Properties of estimators, MVUE, Rao-Blackwell and Lehmann-Scheffe theorems, Cramer-Rao inequality, methods of estimation, properties of maximum likelihood and other estimators, confidence intervals. Simple and composite hypotheses, Type I and Type II errors, size and power of a test, Most Powerful and Uniformly Most Powerful tests, Neyman-Pearson lemma, Likelihood Ratio test and its properties and applications. SPRT, OC and ASN functions, Tests of goodness of fit. Parametric vs. Non-parametric Test, Frequently-used non-parametric inferential statistical methods.
RBI Officer Syllabus
(5) Multivariate Analysis: Bivariate and Multivariate normal distribution, marginal and conditional distribution, Estimation of mean vector and covariance matrix, Asymptotic properties of estimators, Sampling distribution of and S, Mahalanobis D2 and Hotelling's T2 and its applications.
(6) Optimisation Techniques and Statistical Quality Control: Linear Programming, Transportation Problem, Assignment Problem, Basics of Simulation, Quality control, Process Control and Product Control, control charts, Acceptance Sampling plan, single and double sampling plans (ASN, OC, ATI, LTPD, AOQL).
(7) Sample Surveys and Design of Experiments: Simple and Stratified random sampling, ratio and regression methods of estimation, Double sampling, Systematic, Cluster, two stage and PPS sampling. Sampling and Non-sampling errors. Principles of Design of Experiments, Completely Randomized Design, Randomized Block Design, Latin Square Design, missing plot technique, 22 and 23 factorial designs, Split-Plot Design and Balanced Incomplete Block Design, Fractional factorial experiments
(8) Applied Economic Statistics: Time Series vs. cross sectional data, Multiplicative and additive models, Auto-correlation, Partial autocorrelation, Smoothing techniques, Seasonal and cyclical adjustment. Price and Quantity Index numbers, Types of index numbers and their properties. Chain and Fixed base index numbers, Cost of Living Index numbers, Wholesale Price Index, Consumer Price Index, Index of Industrial Production, Gini’s coefficient, Lorenz curves, Application of Pareto and Lognormal as income distributions.
(9) Vital Statistics: Sources of vital statistics compilation, Errors in census and registration data, Measurement of population, rate and ratio of vital events, Stationary and Stable population, Life Tables, Measures of Fertility, Mortality and Reproduction, Crude rates of natural growth, Pearl’s Vital Index.
(10) Numerical Analysis: Principles of floating point computations and rounding errors, Linear Equations factorization methods, pivoting and scaling, residual error correction method, Iterative methods, Jacobi, Gauss-Seidel methods, Newton and Newton like methods, unconstrained optimization, Lagrange interpolation techniques, Cubic Splines, Error estimates, Polynomials and least squares approximation; Integration by interpolation, adaptive quadratures and Gauss methods.
(11) Basic Computer Applications: Functional organization of computers, algorithms, basic programming concepts, Program testing and debugging, Subprograms and Subroutines, Sorting/searching methods, Database Management Systems, Software Engineering, Basic of Networking, Internet Technologies, Web and HTML, Distributed systems, Programming using C, MINITAB and FORTRAN.
RBI Grade B Paper 1 Syllabus 2016
RBI Grade B Officer Paper 2 Syllabus 2016
RBI Officer Grade B Paper 3 Syllabus 2016