How to Prepare for RBI Grade B Exam?

RBI Grade B Preparation Strategy: RBI Grade B exam is one of the best yet toughest entry-level government jobs in the country. If you are a beginner and eyeing to crack RBI Grade B then you should definitely have a rock-solid preparation strategy. With the right RBI Grade B Preparation strategy, you will also be to crack the exam easily and be a part of the Apex Bank of India i.e. Reserve Bank of India. The combination of hard work with smart work can only help you to crack the RBI Grade B exam. That’s why aspirants seek the answer to ‘How to Prepare for RBI Grade B Exam’ in an efficient manner.

To make things easier for the aspirants we have come up with a robust preparation strategy, that is practical and would immensely helpful to the candidates to ace the RBI Grade B exam. RBI Grade B is conducted in 3 stages: Phase 1, Phase 2 & Phase 3, and we have mentioned a preparation strategy that would help you score big in all these phases of the exam.

How to Prepare for RBI Grade B Exam?

RBI Grade B exam is one of the toughest exams, and lakhs of candidates appear for it due to its handsome grade pay, and RBI designation. Clearing RBI Grade B won’t be easy, that’s why we have mentioned step-by-step instructions on how to prepare for the RBI Grade B exam. It would surely help you to tackle the problems faced during preparation and help you get fruitful results in the RBI Grade B exam.

Analyze the RBI Grade B Syllabus

Before kick-starting your preparation for RBI Grade B, candidates need to create a mind map of the RBI Grade B syllabus first. It would allow them to prepare in a structured way, and make the most of their preparation time.

  • Phase 1 of the RBI Grade B syllabus includes four sections– General Awareness, English Language, Reasoning, and Quantitative Aptitude.
  • Phase 1 of the syllabus inclutdes 3 papers namely– Economic and Social Issues, English, Finance, and Management.

Understand Exam Pattern

When you are aware of all the topics covered in the RBI Grade B syllabus, it’s time to analyze the pattern of the exam. The exam is conducted in three phases- Phase 1, Phase 2, and Phase 3. Phase 1 of the RBI Grade B is not merit ranking in nature. So, only the marks scored in Phase 2 and Phase 3(Interview Round) will be considered for final result.

A Robust Study Plan

Once you have a complete understanding of the exam, it is time to move ahead and plan your weekly study schedule to complete the syllabus on time.

  • Monthly Study Plan: according to your monthly plan, you will get an idea about how much you need to cover in that particular month. 
  • Weekly Study Plan: Here you need to divide your syllabus week-wise. It will allow you to cover the syllabus effectively. Plan your weekends to revise for maximum retention.
  • Daily Study Plan: you need to have a deadline that will help you to cover a certain topic within a day. Don’t fix big targets, as some topics would require more time than others.

Practice Previous Year’s Question Papers

After completing your syllabus, you need to practice the questions that have been asked in previous years’ papers. In this way, you will get a clear picture of the types of questions, and their difficulty level. Set a timer to attempt the questions, and then evaluate the paper based on your performance.

Attempt Mock Tests

Apart from the previous year’s questions, you need to be ready for some fresh questions that may be asked in the RBI Grade B exam. For that, mock tests are the best. Attempt as many mock tests as possible to make sure you are fully prepared. Mock tests would testify to your knowledge, help you find out your weaknesses, and tell you about how prepared you are.

Revision is Must

The RBI Grade B Syllabus includes a wide range of topics, and that’s why you need to revise the topics regularly to perform well in the exam. Make notes, and revise them regularly every day. In the start only target Phase 1, and then prepare for Phase 2 when you crack Phase 1. You need to set daily, weekly, and monthly revision goals for the best results.

How to Prepare for RBI Grade B Prelims Exam (Phase 1)?

Phase 1 of the RBI Grade B exam includes General Awareness, English Language, Reasoning, and Quantitative Aptitude. These sections require a different approach from candidates, and that’s why we have mentioned the best preparation strategy to ace the first phase of RBI Grade B.

Preparation Strategy for General Awareness

It is one of the most important sections of any exam due to its weightage. With the right preparation, you can fetch good marks in the exam. To prepare for this section get well-versed in current affairs and news. You can follow newspapers like The Hindu, Economic Times, and some magazines as well.

Preparation Strategy for the English Language

English in RBI Grade B can be scored if prepared well. Candidates would require good Grammer and Vocabulary knowledge. They must practice the questions, and remember 5 words daily to increase their vocabulary knowledge.

Quantitative Aptitude Preparation Strategy

The concepts in the quantitative aptitude section are not that difficult, and candidates can fetch good marks in this section with a sufficient amount of practice. Candidates need to follow the right books to prepare for this section.

Preparation Strategy for Reasoning

Reasoning is an important part of the RBI Grade B exam, and candidates would require analytical thinking in order to score well in this section. Questions are related to puzzles, seating arrangements, etc. Candidates must practice different types of reasoning questions to perform well in the reasoning section.

RBI Grade B Preparation for Phase 2

Phase 2 of the RBI Grade B exam includes questions related to economic & social issues, management, and finance, and checks the English writing skills of the candidates. Below-mentioned tips would be helpful to prepare for Phase 2:

Strategy for Economic and Social Issues

This paper is objective type, and it tests the knowledge of economic and social issues of India. That’s why it is static in nature and questions related to current affairs are asked in this section. Candidates need to cover all the syllabi to ace the paper.

Strategy for Finance and Management

This section of RBI Grade B is also objective in nature, and candidates can expect questions related to the financial market, financial system, etc in this paper. The basic knowledge of candidates will be tested, that’s why it is important to prepare this section extensively.

Strategy for English Writing Skills

This is a descriptive paper, and here the writing skills of the candidates get tested. Candidates will have to use keyboards to write descriptive answers. To prepare for this section, candidates must read daily newspaper editorials, and practice answer-writing.

RBI Grade B Preparation Strategy for Interview

The marks scored in Phase-2 and Interview rounds will be taken into consideration for making the merit list. That’s why candidates need to give high priority to fetch good marks in the interview. Here are some preparation tips that would help the candidates to score well in the Interview round of RBI Grade B.

  • Read a lot of books on banking, economy, and finance to enhance your knowledge about these topics.
  • Read newspapers daily, to keep track of current affairs. In addition, read from websites like ICRA, and CRISIL for better performance in the interview round.
  • Watch business news channels, and listen to podcasts related to business, the economy, and banking.
  • Keep track of RBI annual reports and go through them to enhance your knowledge.

Frequently Asked Questions on RBI Grade B Preparation

Q1

How to Prepare for RBI Grade B Exam?

To prepare for the RBI Grade B exam candidates need to first know the exam. Go through the syllabus, exam pattern, and previous year’s question papers. In addition, candidates should make daily, weekly, and monthly study goals and make sure to meet the goals. Candidates should choose the best booklist, and study materials for preparation. Practicing mock tests, and previous year’s question papers would help the candidates to prepare for RBI Grade B effectively.

Q2

Can I crack RBI Grade B without coaching?

Yes, it is possible to crack the RBI Grade B without coaching. However, candidates need to come up with an effective RBI Grade B preparation strategy. They must follow a good study schedule, and choose the right books for their preparation. In addition, practicing mock tests and previous year’s papers would be rewarding during RBI Grade B preparation at home.

Q3

How many Study hours are required for RBI Grade B preparation?

To prepare for RBI Grade B, candidates should devote at least 7-8 hours daily to cover the syllabus in a comprehensive manner. Candidates should have a solid study plan for each subject, and give attention to both strong and weak sections.

Q4

How to prepare for Phase I of the RBI Grade B Exam?

Phase 1 of the RBI Grade B includes General Awareness, English Language, Reasoning, and quantitative aptitude. To prepare for these sections, students need to keep a track of current affairs and read daily newspapers. Candidates should practice reasoning, and quantitative aptitude questions daily, and attempt mock tests.

Q5

How to Prepare for Phase 2 of the RBI Grade B Exam?

The economic and social issues, finance and management, and English writing skills are part of the RBI Grade B Phase-2 syllabus. Candidates should read daily newspapers, keep track of current events, follow the best books, and practice English writing to prepare for this phase. In addition, candidates should appear mock tests and previous year’s question papers for effective preparation.

Q6

Is the RBI Grade B exam tough?

The RBI Grade B examination is considered one of the toughest government exams in India. However, an effective preparation strategy, with a robust study plan and the right study materials would help the candidates to ace this exam.

Q7

How much time is required to prepare for the RBI Grade B exam?

To prepare for the RBI Grade B exam, candidates would require 8-10 months. However, it depends on the intensity of the preparation, and one’s ability to grasp the concepts. So, it is better to create a study plan and stick to it for the expected results.