RBI Grade B

RBI Grade B Phase 2 Preparation Resources for Success

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“Are resources really that important for RBI Grade B Phase 2 exam preparation?” This is the most asked question by RBI Grade B aspirants. The answer is an absolute Yes. Why? First, think about this: Phase 2 will come just 48 days after the Phase 1 exam. So, can you risk starting your preparation late? No. Phase 2 is not only about knowledge, but also about speed, structure, and Precision. And good resources make all the difference. They save your time, cover the right areas, and train you for both objective and descriptive parts. Without them, preparation becomes random. With them, you prepare smartly and stay exam-ready. That’s why, effective resources are not just useful, they are Indispensable for Phase 2 success.

Keep Exam Date In Mind!

The first thing to understand is the timeline. RBI Grade B Phase 1 exam (General) will be conducted on 18th October 2025. Phase 1 for DEPR and DSIM has been fixed for 19th October 2025. Phase 2 (General) is scheduled for 6th and for DPER & DSIM, it is on 7th December 2025. That leaves you with only 48 days. This short gap makes it clear that you cannot prepare Phase 1 and Phase 2 separately. You must prepare both together.

The resources you choose will decide how well you manage this overlap. If you waste time searching for material after Phase 1, you will lose your chance. If you prepare with Phase 2 in mind from the beginning, you will save time.

Everything you study must be relevant to the exam pattern. It must also be in line with the syllabus and weightage given in the notification. Phase 2 is not about random notes. It is about focused resources, regular practice, and clear writing.

RBI Grade B Exam Pattern for Phase 2

Phase 2 has three papers. Economic and Social Issues (ESI), Finance and Management (FM), and English (Writing Skills). Two of them are objective plus descriptive. One is fully descriptive. Each paper is 100 marks. The total is 300 marks.

Questions test not only knowledge. They also test clarity, analysis, and writing ability. This is why resources matter. You need material that explains, material which is properly updated, and material that lets you practice.

1) ESI (Objective)

This section is worth 50 marks in the objective format. Past years show a heavy tilt towards current affairs. Schemes, government reports, indices, and surveys are very common. Static topics such as growth, reforms, globalization, and social justice are also tested. These static areas are best covered with the standard reference books suggested in the latest notification.

Below are the suggested books (from the notification):

  • Indian Economy by Uma Kapila
  • Indian Economy by Mishra and Puri
  • Growth and Development by Debraj Ray
  • Public Finance by Amresh Bagchi
  • Economic Survey by Government of India
  • Sociology by C.N. Shankar Rao
  • Public Finance by K.K. Andley and Sundaram

Books build the foundation, but with the Prelims so near and Mains coming right after, daily updates matter more. Newspapers and current reports bridge this gap.

There is no doubt that books are a good source of building concepts. But current affairs need daily updates. Newspaper articles are vital.

And here’s where Visleshan proves its worth!

It is a free resource that provides daily analysis. Sampoorna is available for free to the students enrolled in our foundation and non-video courses. For other students, we offer PIB Sutra. Sampoorna covers government schemes and RBI updates. We also offers chapter-wise tests. Together, these three (Vishleshan, Sampoorna and PIB Sutra) cover facts, analysis, and practice to ensure you are exam-ready.

2) ESI (Descriptive)

This part is worth 50 marks in the descriptive format. Past years show questions on reforms, globalization, sustainable development, and social sector issues. The answers must be structured, supported by facts, and written clearly. Books give theoretical grounding, and you can refer to them, but descriptive answers demand daily examples.

Below are the suggested books (from the notification):

  • Indian Economy by Uma Kapila
  • Public Finance by Amresh Bagchi
  • Economic Survey by Government of India
  • World Development Report
  • RBI Annual Report
  • EPW and RBI Bulletins

Books provide the context, but descriptive answers need current data and arguments. Daily updates from editorials and government reports matter more here.

Reading all the books now is not realistic. And this is where Sampoorna or PIB Sutra lend a helping hand!

PracticeMock’s Phase 2 Course gives descriptive notes, sample answers, and practice mock tests. Vishleshan offers editorials in simple terms. Plus, Sampoorna and PIB Sutra provide questions. Our Telegram channel shares lists of important articles. Weekly study plans are also shared, to keep you on track.

3) FM (Objective – Financial Management)

This part is worth 50 marks in the objective format. Past years show focus on corporate governance, risk management, basics of markets, and financial systems. Static questions dominate, but recent market events are also tested. These static portions are best understood from the standard textbooks listed by RBI.

Below are the suggested books (from the notification):

  • Financial Management by Prasanna Chandra
  • Principles of Management by Koontz and O’Donnell
  • Organizational Behaviour by L.M. Prasad
  • Indian Financial System by Bharti Pathak
  • Accounting by T.S. Grewal
  • Monetary Theory and Public Policy by Kenneth Kurihara
  • Economic Growth and Development by Meier and Baldwin

Books form the backbone, but given the short time, daily updates on markets and RBI reports are even more crucial.

Covering all these books is not practical now. And that’s when PracticeMock comes to your rescue!

PracticeMock’s FM course provides condensed notes, revision notes, and 20 chapter-wise tests. It saves time and gives focused coverage. Management questions are static, but they are fully covered in our chapter notes and tests.

4) FM (Descriptive)

This part is worth 50 marks in the descriptive format. Past years show that questions are largely static. Topics like ethics, leadership, motivation, risk, and organizational behaviour are frequent. Facts can be drawn from standard books, but structuring answers requires practice.

Below are the suggested books (from the notification):

  • Financial Management by Prasanna Chandra
  • Principles of Management by Koontz and O’Donnell
  • Organizational Behaviour by L.M. Prasad
  • Management by Stephen P. Robbins and Mary Coulter
  • Business Ethics – An Indian Perspective by A.C. Fernando
  • Business Ethics and Corporate Governance by B.N. Ghosh

Books provide clarity on theories. But descriptive answers must include current examples from RBI reports, speeches, and financial newspapers.

And, here where Vishleshan again jumps in, at least for the finance topics.

It provides a chapter-wise list of descriptive questions. Students can attempt them at their own pace. Vishleshan is free and covers finance updates in easy language. Enrolled students are guided to write answers in exam format.

For the static portions of Finance and management, we provide a fodder material that contains a vast list of chapter-wise descriptive questions for practice. 

5) English Descriptive

This paper is worth 100 marks. It tests your ability to write essays, précis, and comprehension answers. Past years show a focus on the economy, RBI, finance, and social issues. This paper is about clarity, grammar, and structure. Books cannot prepare you fully here, but only practice can.

Courses by PracticeMock

PracticeMock has crafted four courses that cover both Phase 1 and Phase 2:

  • Foundation Course with 400+ recorded lectures, Study and Revision Notes, Chapter Tests, eBooks, and access to Sampoorna.
  • Phase 2 Video Course with 200+ recordings on ESI, FM, Current Affairs, and schemes.
  • Non-Video Course with Chapter Notes, Tests, Sampoorna Content and Tests, 10 Phase 1 mocks, 15 sectional tests, and 30 Phase 2 mocks.
  • PDF Course with 4500 questions, explanations, and solutions, based on the latest exam pattern.

These courses are designed to save time. They guide you step by step. They keep you focused on the syllabus. And they ensure that both Phases are prepared together.

Take the Latest Online Courses for Ultimate Practice

Takeaway

Phase 2 is about smart use of time and smart use of resources. If you prepare with Phase 2 in mind from the start, you will save time. If you wait till after Phase 1, you will lose time. Start today, and prepare in a structured way.

FAQs

Q1. Why must I prepare for Phase 2 with Phase 1?

Because the gap is too short. If you delay Phase 2 preparation, you will not have enough time. Preparing both together is the only safe option.

Q2. What type of questions are asked in ESI descriptive?

They usually ask for essays on reforms, globalization, or schemes. Some require you to explain policy measures in 600 or 400 words. Clear writing and facts are needed.

Q3. How should I cover Current Affairs for ESI and FM?

Cover them daily. Use Sampoorna and Vishleshan. Focus on schemes, RBI updates, and reports. Revise weekly. Without revision, you cannot recall them in the exam.

Q4. Which section is hardest in Phase 2?

Most aspirants find ESI descriptive toughest. It requires content knowledge and writing skills. With practice of essay structures, it becomes easier.

Q5. How do I improve in English descriptive?

Practice is the only way. Write one essay and one précis every week. Use past topics. Review your grammar. Use PracticeMock’s model answers to compare.

Asad Yar Khan

Asad specializes in penning and overseeing blogs on study strategies, exam techniques, and key strategies for SSC, banking, regulatory body, engineering, and other competitive exams. During his 3+ years' stint at PracticeMock, he has helped thousands of aspirants gain the confidence to achieve top results. In his free time, he either transforms into a sleep lover, devours books, or becomes an outdoor enthusiast.

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