Categories: RBI Grade B

RBI Grade B Phase 2 April 1, 2021 Detailed Exam Analysis

RBI Grade B Phase 2 2021 examination was successfully held today and here we are with the detailed analysis of the exam. The RBI Grade B Phase I exam was held on 6th March 2021, however today those who have cleared the RBI Grade B Phase I had to appear for the Phase 2 exam. In this article we are giving the detailed analysis as what all questions were asked. To begin with let’s first take a sneak peak into the RBI Grade B Phase 2 exam pattern.

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RBI Grade B Phase 2 Exam Pattern

SectionNo. of QuestionsMarksDuration
Paper I: Economic and Social Issues– 50% Objective & 50% Descriptive30 Objective Questions & 6 Descriptive Questions of which 4 have to be answered100120 minutes
Paper II: English (Writing Skills)310090 minutes
Paper III: Finance and Management– 50% Objective & 50% Descriptive30 Objective Questions & 6 Descriptive Questions of which 4 have to be answered100120 minutes

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English Language (Writing Skills) carries a weightage of 100 marks and you get only 90 minutes to answer the questions. These questions are descriptive type and questions will be based on the below topics:

  1. Essay Writing
  2. Précis Writing
  3. Comprehension

Let’s get started with the RBI Grade B Phase 2 exam analysis now.

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RBI GRADE B PHASE 2 EXAM Analysis

Paper I: Economic and Social Issues– 50% Objective & 50% Descriptive

Objective similar to F&M- 30 questions: 20 questions of 2 marks each. 10 questions of 1 marks

Subjective: 15 marks

Q1. Recommendations of 15th Finance Commission. 
Q2. How did aspects of globalisation change post 2008.
Q3. Various Poverty Estimation Method in relation to the following: Per Capita Inflation & Consumption Safety Net Program

Subjective: 10 marks

Q1. India’s commitment to climate change in terms of of socio-economic, health & developmental projects.Discuss. 
Q2. Disinvestment measures announced in budget and its impact.
Q3. Influence of Demographic Transition on economic growth for India. 

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Objective Questions

2 Marks Questions: (4 sets of 2 questions each)

Paragraph based: Labour Reforms PM Kisan Yojana , OECD.

1 marks questions:  

  • Which organisation forecasts India’s GDP to be 7.7?
  • Odd one out: related to Govt schemes

PAPER II: ENGLISH (WRITING SKILLS)

Precis: Urbanisation Sand mining related

Essay: Topics

1. Prevention is better than Cure in terms of economic aspects. 
2. Creative thinking in business.
3. Pros & Cons of teaching Coding Language in school. 
RC: Counter marketing Black marketing. (Mostly Inference based)

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Paper III: Finance and Management– 50% Objective & 50% Descriptive

Subjective (Total Marks: 50)

Total 6 Questions : 3 questions of 15 marks & 3 questions of 10 marks

Have to choose 2 questions each.

3 Questions – 15 marks 

Q1. What is Corporate governance. Discuss the fundamental principles of corporate governance.
Q2. What are Basel Norms? Discuss the three pillars of Basel Norms in details.
Q3. Discuss the role and function of regulatory bodies: SIDBI, NHB, RRB, NABARD, EXIM.

3 Questions – 10 marks

Q1. Major announcements of 2021-22 budget.
Q2. Behavioural reinforcement. Positive and negative reinforcement. 
Q3. Transactional v/s Transformational leadership.

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 Objective (Total Marks: 50) 2marks-20 questions & 1 mark-10 questions

2 Marks Questions

  • RC type (4 sets of 2 questions each) Govt schemes related
  • (4 sets of 3 questions each) Inequality
  • Entrepreneurship/Startup

1 Marks Questions

  • FDI related (banks)
  • ASBA(IPO)
  • NPCI (Online transactions)
  • SEBI (who regulates capital market)
  • Leadership theories
  • Govt schemes
  • FASTAG
  • Depository
  • Annuity models (Hybrid Model)
  • Organisational Behaviour

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This brings us to the end of the RBI Grade B Phase 2 exam analysis. Sign up at PracticeMock and stay updated with important exam notifications and exam analysis.

Cheena Sawhney

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