RBI Grade B

Objective as well as Descriptive Questions are asked in the Economic and Social Issues Paper of RBI Grade B Phase 2 Exam. The objective questions asked in the ESI, RBI Grade B Phase 2 Exam 2023 are as follows:

Schemes

• SWADHAR GREH Schemes
• PM JAY Schemes-Case Study
• Mission Life-Paragraph Based
• PM PVTG Development Mission

Reports

• World Economic Outlook Report-Identify The Report

World Trade Organization-

• When Formed
• Director General
• the latest Round/Doha

Sovereign Gold Bond

Sukanya Samridhi Yojana

Here is the list of questions asked in Part 1 of RBI Grade B 2023 (Descriptive):

10 Marks Questions- (Attempt Any 2)

• Monetary Policy and its Indirect and Direct Tools
• Explain Schemes on Poverty Alleviation and Employment Generation
• Challenges Faced By Startups in Tier 2 and Tier 3 Cities

15 Marks Questions

• World Migration Report- How migration can bring prosperity together for the world and suggest recommendations from the report?
• Current and Finance Report By RBI
• 3 Events which led to global cooperation
• UNDP Report

The difficulty level of the Phase 2 exam is easy to moderate. In 2022, the descriptive paper was easy while the objective paper was moderate. Questions in the subjective paper were asked from LTRO, resistance to change and how to avoid, India's role in 2008 financial crisis, blockerchain disrupt banking, what are the barriers to interpersonal communication and how to overcome it,  managers' role in encouraging ethical behaviour in an organisation. The objective paper carried around four to five questions on RBI notification Legal Entity Identifier (LEI), Payments Infrastructure Development Fund (PIDF). In the Management part, there were application-based questions. There were questions on five model personalities, motivation. In Finance, questions were asked from CSIR, defination of small industries, etc. The questions asked in Economics and Social Issues were easy. 

The difficulty level of RBI Grade B Phase 1 exam is usually moderate to difficult. In 2022, the difficulty level of the English section was easy whereas the Quant section was calculative. Current Affairs questions were asked from the recent events that took place in May and April 2022. In General Awareness, there were questions on Budget. Static GK questions were very less. The Reasoning section was difficult and time-consuming. In Quant, questions were asked from Compound Interest and Simple Interest, Quadratic Equation. Reasoning questions were asked from Seating Arrangement, Paragraph Based questions, Statement Based questions. There were two Reading Comprehension in English section. 

SEBI Grade A is an Assistant manager role and candidates work towards creating an environment where it is easy and fair to trade. Candidates will also audit and track individuals who are trading using unfair means. As a SEBI Grade A officer, candidates' job is similar to a data analyst or an entry-level auditor. Candidates are most probably be starting off with back-end office work and they will gradually progress to a position where they will have to deal with people a lot.

As an RBI recruit for the Grade B position, candidates will have a managerial role and they will have to execute policy decisions handed to them by the senior management. Hence candidates initially not be part of any policymaking or assist in the policy creation process until they reach Grade D.