RBI Grade B 2023 Preparation Tips: Subject-wise Strategies

RBI Grade B 2023 Preparation Tips: The Reserve Bank of India holds the RBI Grade B Exam on an annual basis to recruit RBI Grade B Officers. The RBI Grade B is one of the major banking exams in India and is taken by lakhs of applicants. Therefore, in order to succeed in this competition, candidates must adhere to a rigid study schedule.

The RBI Grade B 2023 Selection process consists of three phases examination process

• Phase I
• Phase II
• Interview

Those who are preparing for the exam should follow an appropriate study plan, which must include completing numerous practice exams. This will help them ace the examination on their first attempt. Subject-wise preparation tips along with expert preparation plans are provided in the given article.

RBI Grade B 2023 Subject-wise Preparation Tips

The RBI Grade B is an online exam that consists of objective and descriptive questions. Hence, before starting the preparation, candidates should check the exam pattern and syllabus.

General Awareness

• The general awareness portion is worth 80 marks, so applicants should concentrate on it. The portion has the ability to improve the grade.
• Because there is a lot to cover in the general awareness portion, candidates should keep a daily journal of the major financial and current events. It will help them at the time of their revision.
• Candidates should concentrate on banking terminology and abbreviations as well. Despite how simple it may seem, applicants often become confused when learning. Read online publications like Money Control, Economic Times, and Mint to familiarise yourself with banking terms and updates.

Quantative Aptitude

• Quantitative aptitude takes more time than other sections, even though it only has 30 marks. Hence, candidates must work very hard on this part. This section requires candidates to comprehend the fundamentals of the subject matter. For better time management, aspirants can practise 30 to 40 questions every day.
• The candidates will get 25 minutes to solve 30 questions. So, to manage time, candidates should learn shortcut tricks to solve the questions.
• Candidates should start with simple and short questions first. This will enable them to save time for challenging or lengthy questions.

English

• This is the standard portion, with 30 marks for Phase I and 100 marks for Phase II. This component can help applicants achieve excellent scores if they are well-prepared.
• Candidates are advised to focus on their grammar. Plantly of candidates lose marks in this topic. Candidates should regularly read newspapers, journals, and magazines, to increase their reading comprehension and vocabulary skills.
• For the descriptive section, candidates should start reading as many daily newspapers as they can. To improve their preparation, candidates should practise current events and take brief notes on them.

Reasoning

• Only the phase I exam includes the reasoning section, which is worth 60 marks. Candidates should concentrate on subjects like ordering, ranking, seating arrangement, and puzzles. Candidates should solve 30 to 40 questions on various topics daily to improve their speed.
• Aspirants should begin their preparation with concepts like syllogisms, direction sense, coding-decoding, inequalities, and input-output because these are some of the simpler topics in this section.
• Since there are no shortcuts, applicants must practise reasoning daily in order to master this section.

Economics and Social Issues

• This section is included in Phase 2 and consists of 100 marks with both objective and descriptive questions. Basic conceptual questions related to bank rates, FEMA, NPAs, fiscal imbalance, revenue, the budget, inflation, etc. are included in the objective. The questions that are based on current events make up the descriptive section.
• Candidates should also focus on some important topics such as economical surveys, SECC 2011 and budgeting.
• For social issues, candidates can search topics on the internet about surveys and reports.

Finance and Management

• This section is included in Phase 2 and consists of 100 marks with both objective and descriptive questions. For this section, candidates should focus on the current affairs related to the finance sector.
• You shouldn’t rely solely on one source for numerical information. Prefer JAIIB books and Investopedia for information on bonds and ratio analysis.
• For the management section, learn about leadership, communication, motivation and corporate governance.

RBI Grade B 2023 Preparation Tips by Expert

Candidates who are preparing for the RBI Grade B exam can follow the given steps to ace the examination.

Step 1-Understand the Exam Pattern and Syllabus

The first step towards preparation is to check the RBI Grade B 2023 Exam Pattern. It will help the candidates to know the section, marking scheme, and time duration.

Knowing the exam format can help candidates plan ahead in terms of timing and the scoring system because the exam is given online.

Candidates should check the RBI Grade B 2023 Syllabus as it will help them to know what topics are included in a particular subject. The syllabus is released along with the RBI Grade B 2023 recruitment notification.

Step 2-Make an effective Study Plan and Revision Schedule

Candidates should divide each subject into topics after learning the exam format and syllabus, then create a weekly schedule that covers all subjects. Candidates should allocate the same amount of time to each subject. Rather than keep their focus only on the major subject. Candidates should refer to the top RBI Grade B 2023 Preparation books

The weekly revision will assist applicants to identify their areas of weakness and evaluate their level of learning. Additionally, just use the last two to three weeks for revision. A good study schedule allows you appropriate revision time.

Step 3-Take Mock Test and Solve the Previous Year Paper

Candidates should begin taking the mock exam once they have finished the syllabus. They will better comprehend the nature of the exam if they do this.

The RBI Grade B is a time-based exam. Taking the mock test will enable applicants to gauge their pace. Regularly taking the mock tests will eventually boost your speed.

Solving previous years’ papers will help the candidates know the important topics that are included in the exam.

Step 4-Check the Previous year’s Cut-off

In order to understand how competitive the exam is, candidates should consult the RBI Grade B previous year’s cut-off marks. By doing this, they will be able to set their goals and create a study plan that will work for them.

RBI Grade B 2023 Preparation Tips FAQs