{"id":336,"date":"2021-03-08T13:09:12","date_gmt":"2021-03-08T07:39:12","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=336"},"modified":"2021-03-08T13:09:12","modified_gmt":"2021-03-08T07:39:12","slug":"rbi-grade-b-2021-phase-ii-detailed-syllabus-of-esi-fm","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/rbi-grade-b-2021-phase-ii-detailed-syllabus-of-esi-fm\/","title":{"rendered":"RBI Grade B 2021 Phase II- Detailed Syllabus of ESI & FM"},"content":{"rendered":"\n

Hope your RBI Grade B 2021 Phase I exam<\/a> which took place on March 6, 2021 went well. Now you must be anxiously waiting for its results. But at the same time, we hope that you would be aware that Phase II of RBI Grade B 2021 exam isn\u2019t that far. This exam is on April 1, 2021, which leaves you with only 27 days of preparation. You should stop worrying about the results and get started with its preparation now. Considering the fact that the syllabus is extremely vast and there is too much to be covered, you should not waste a single minute of your time. This year, the number of vacancies is 322 which is slightly higher than the vacancies in previous years.<\/p>\n\n\n\n

Take a Free Mock Test of RBI Grade B 2021 Phase II- Economic & Social Issues<\/strong><\/a><\/p>\n\n\n\n

Well! The number of increased vacancies is a slight one and you should not feel complacent about the preparation of Phase II. In this article, we are providing you with the detailed information on this exam\u2019s syllabus. Not only will this information help you in a comprehensive preparation of this exam, but it will also ensure that no important topic is missed. You can also check RBI Grade B Notes<\/strong><\/a> which is available on our platform. You can view the notes of the 1st chapter free of cost<\/strong><\/a>. Let\u2019s now have a look at the exam pattern of RBI Grade B Phase II.<\/p>\n\n\n\n

RBI Grade B 2021 Phase II Exam Pattern<\/h2>\n\n\n\n
Section<\/td>No. of Questions<\/td>Marks<\/td>Duration<\/td><\/tr>
Paper I: Economic and Social Issues<\/a>– 50% Objective & 50% Descriptive<\/td>30 Objective Questions & 6 Descriptive Questions of which 4 have to be answered<\/td>100<\/td>120 minutes<\/td><\/tr>
Paper II: English (Writing Skills)<\/td>3<\/td>100<\/td>90 minutes<\/td><\/tr>
Paper III: Finance and Management<\/a>– 50% Objective & 50% Descriptive<\/td>30 Objective Questions & 6 Descriptive Questions of which 4 have to be answered<\/td>100<\/td>120 minutes<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Take a Free Mock Test of RBI Grade B 2021 Phase II- Finance & Management<\/strong><\/a><\/p>\n\n\n\n

As you can see, there are 2 sections which need your complete attention right away: Economic & Social Issues and Finance and Management. The 3rd section is English (Writing Skills) which is pretty much similar to what is asked in similar banking exams. For this section, devoting 30 minutes on a daily basis is more than enough. But you need to devote 8-9 hours of preparation towards Economic & Social Issues and Finance and Management<\/a>. Please note that this year there is a change of exam pattern in place, where descriptive questions have also been included. Let\u2019s now have a look at the syllabus of these 2 sections.<\/p>\n\n\n\n

Check RBI Grade B ESI & FM Notes<\/strong><\/a><\/p>\n\n\n\n

Economic and Social Issues Syllabus<\/h2>\n\n\n\n

Growth and Development \u2013<\/strong> Measurement of growth: National Income and per capita income \u2013 Poverty Alleviation and Employment Generation in India \u2013 Sustainable Development and Environmental issues.<\/p>\n\n\n\n

Indian Economy \u2013<\/strong> Economic History of India – Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991 \u2013 Priorities and recommendations of Economic Survey and Union Budget \u2013 Indian Money and Financial Markets: Linkages with the economy \u2013 Role of Indian banks and Reserve Bank in the development process – Public Finance – Political Economy- Industrial Developments in India- Indian Agriculture – Services sector in India.<\/p>\n\n\n\n

Globalization \u2013<\/strong> Opening up of the Indian Economy \u2013 Balance of Payments, Export-Import Policy\u2013 International Economic Institutions \u2013 IMF and World Bank \u2013 WTO \u2013 Regional Economic Cooperation; International Economic Issues<\/p>\n\n\n\n

Social Structure in India \u2013<\/strong> Multiculturalism \u2013 Demographic Trends \u2013 Urbanisation and Migration \u2013Gender Issues \u2013 Social Justice: Positive Discrimination in favour of the under privileged \u2013 Social Movements \u2013 Indian Political System \u2013 Human Development \u2013 Social Sectors in India, Health and Education.<\/p>\n\n\n\n

Take a Free Mock Test of RBI Grade B 2021 Phase II- Economic & Social Issues<\/strong><\/a><\/p>\n\n\n\n

Finance & Management Syllabus<\/h2>\n\n\n\n

a) Financial System<\/strong><\/p>\n\n\n\n

1. Regulators of Banks and Financial Institutions<\/p>\n\n\n\n

2. Reserve Bank of India- functions and conduct of monetary policy<\/p>\n\n\n\n

3. Banking System in India \u2013 Structure and concerns, Financial Institutions \u2013 SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector.<\/p>\n\n\n\n

4. Impact of the Global Financial Crisis of 2007-08 and the Indian response<\/p>\n\n\n\n

b) Financial Markets<\/strong><\/p>\n\n\n\n

Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.<\/p>\n\n\n\n

c) General Topics<\/strong><\/p>\n\n\n\n

1. Risk Management in Banking Sector<\/p>\n\n\n\n

2. Basics of Derivatives<\/p>\n\n\n\n

3. Global financial markets and International Banking \u2013 broad trends and latest developments.<\/p>\n\n\n\n

4. Financial Inclusion<\/p>\n\n\n\n

Check RBI Grade B ESI & FM Notes<\/strong><\/a><\/p>\n\n\n\n

5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership<\/p>\n\n\n\n

6. Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector.<\/p>\n\n\n\n

7. The Union Budget \u2013 Concepts, approach and broad trends<\/p>\n\n\n\n

8. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends; striking a balance between inflation and growth through monetary and fiscal policies.<\/p>\n\n\n\n

9. FinTech<\/p>\n\n\n\n

Take a Free Mock Test of RBI Grade B 2021 Phase II- Finance & Management<\/strong><\/a><\/p>\n\n\n\n

d) Management:<\/strong><\/p>\n\n\n\n

Fundamentals of Management & Organizational Behaviour: <\/strong>Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow\u2019s need theory, Alderfers\u2019 ERG theory, McCllelands\u2019 theory of needs, Herzberg\u2019s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory).<\/p>\n\n\n\n

Check RBI Grade B ESI & FM Notes<\/strong><\/a><\/p>\n\n\n\n

Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin\u2019s change model, Action research model, Positive model).<\/p>\n\n\n\n

Take a Free Mock Test of RBI Grade B 2021 Phase II- Finance & Management<\/strong><\/a><\/p>\n\n\n\n

Ethics at the Workplace and Corporate Governance:<\/strong><\/p>\n\n\n\n

Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.<\/p>\n\n\n\n

Check RBI Grade B ESI & FM Notes<\/strong><\/a><\/p>\n\n\n\n

We hope that the above syllabus will be helpful in your preparation. By now you must have noticed that the syllabus of these 2 sections are very vast and you should get started with its preparation right away. If you\u2019re looking for a single source of notes<\/strong><\/a>, you can check the notes here<\/strong><\/a>. Viewing the 1st chapter of both of the sections are absolutely free of cost, and i<\/p>\n\n\n\n

If you like it, you can buy the complete notes here<\/strong><\/a>. Remember, that the number of vacancies for this profile is less when compared with other banking exams and this is one big reason why the competition is so high for this exam.<\/p>\n\n\n\n

Therefore, you should leave no stone unturned and get started with its preparation. Please keep in mind that since the descriptive section is also there in the exam, you should start practising writing on different topics of ESI & FM. Practising on a continuous & ongoing basis will definitely help you improve your performance and gradually score higher marks. This is all from us in this article. Wishing you good luck with your preparation!<\/p>\n","protected":false},"excerpt":{"rendered":"

Go through the detailed syllabus of Economic & Social Issues and Finance and Management and start your preparation for Phase II of RBI Grade B.<\/p>\n","protected":false},"author":3,"featured_media":340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[22,24,19],"tags":[100],"class_list":["post-336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-insurance","category-exams","category-rbi-grade-b","tag-syllabus"],"yoast_head":"\nRBI Grade B 2021 Phase II- Detailed Syllabus of ESI & FM - Practicemock<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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