{"id":368,"date":"2021-03-10T12:41:07","date_gmt":"2021-03-10T07:11:07","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=368"},"modified":"2021-03-10T12:41:07","modified_gmt":"2021-03-10T07:11:07","slug":"preparation-strategy-of-rbi-grade-b-2021-phase-ii-start-now","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/preparation-strategy-of-rbi-grade-b-2021-phase-ii-start-now\/","title":{"rendered":"Preparation Strategy of RBI Grade B 2021 Phase II- Start Now!"},"content":{"rendered":"\n<p>There\u2019s no better time to get started with the preparation of RBI Grade B 2021 Phase II than now, especially when only 22 days are left for Phase II to take place. Knowing the syllabus of Economic &amp; Social Issues and Finance &amp; Management is extremely important at this stage as you can\u2019t afford to miss any important topic in your preparation. We have dedicated a separate article on the <a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\">Syllabus of RBI Grade B 2021 Phase II<\/a>. Similarly, <a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\">this article will brief you on the list of books &amp; preparation resources<\/a> required to study for this exam. Before we get started on the preparation strategy, it is important to know that the competition is going to be very tough in this phase. All the candidates whom you would be facing have already shown their potential by clearing the Phase I exam. And you will be competing with some of the best minds of the country. So accordingly your preparation has to be top-notch. Let\u2019s now have a look at the Exam Pattern of this Phase:<br \/><a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\"><strong>Accelerate Your Preparation with the help of RBI Grade B Phase II Notes<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td>Section<\/td>\n<td>No. of Questions<\/td>\n<td>Marks<\/td>\n<td>Duration<\/td>\n<\/tr>\n<tr>\n<td>Paper I: Economic and Social Issues\u2013 50% Objective &amp; 50% Descriptive<\/td>\n<td>30 Objective Questions &amp; 6 Descriptive Questions of which 4 have to be answered<\/td>\n<td>100<\/td>\n<td>120 minutes<\/td>\n<\/tr>\n<tr>\n<td>Paper II: English (Writing Skills)<\/td>\n<td>3<\/td>\n<td>100<\/td>\n<td>90 minutes<\/td>\n<\/tr>\n<tr>\n<td>Paper III: Finance and Management\u2013 50% Objective &amp; 50% Descriptive<\/td>\n<td>30 Objective Questions &amp; 6 Descriptive Questions of which 4 have to be answered<\/td>\n<td>100<\/td>\n<td>120 minutes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n\n\n\n<p>This year, there is a drastic change in the exam pattern of Phase II ie. descriptive questions have been added apart from the objective questions which were already there. So, now you need to practice writing as well for the descriptive part of the paper.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\">Check ESI &amp; FM Complete RBI Grade B Notes<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Preparation Strategy<\/h2>\n\n\n\n<p>Unlike Phase I, Phase II requires a completely different preparation strategy. And the inclusion of a descriptive section has made the contrast starker. The time allowed in Phase II is substantially more than what was allowed in Phase I. And the reason is simple: You need to think, recall &amp; arrange your thoughts and then answer the questions. Covering a wide range of topics is the need of the hour and for that, you need to go through the right notes which have been prepared keeping this exam in mind. Practicing Mocks is also important during your preparation as it helps you to keep a check on your progress.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strategy for ESI (Economic &amp; Social Issues)<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Go through the previous years\u2019 question papers to have a look at the type of questions that were asked. This will get you a good understanding of how deep you need to study in each of the topics of the syllabus.<\/li>\n<li>For the preparation of the static part, which includes basic concepts of macroeconomics like unemployment, growth rate, gross domestic product and inflation etc. you need to go through NCERT books for economics for class X, XI &amp; XII.<\/li>\n<li>You can also read India Economy by Ramesh Singh for more details.<\/li>\n<li>When it comes to the preparation of the dynamic part, which is current affairs based, you can check the Weekly Current Affairs PDF which we publish on a weekly basis.<br \/><a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\"><strong>Accelerate Your Preparation with the help of RBI Grade B Phase II Notes<\/strong><\/a><\/li>\n<li>Also, don\u2019t miss out on the FAQs section of the RBI website which has some really important study material.<\/li>\n<li>For the preparation of social issues, you need to read and analyze your understanding on a number of topics. For this, you can read essays on a number of topics online. Also, go through the Summary of Socio-Economic and Caste Census 2011.<\/li>\n<li>Go through all the social sector schemes, welfare programs, current affairs related to the economics of the last 6 months thoroughly.<\/li>\n<li>Budget and the Summary of Economic Survey are 2 important documents which you can\u2019t afford to miss.<\/li>\n<li>Make a selective reading of RBI\u2019s Annual Report.<\/li>\n<li>When you read the above-mentioned documents, pay attention to the facts and the smallest details.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\"><strong>Start Preparing for Phase II with ESI &amp; FM Notes<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strategy for FM (Finance &amp; Management)<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Once again, you need to go through the previous years\u2019 question papers, to get an idea of what kinds of questions have been asked.<\/li>\n<li>This paper is highly technical in nature making it little difficult when compared with ESI.<\/li>\n<li>The syllabus of Finance can be divided into 3 categories: Financial System, Financial Markets and General Topics.<\/li>\n<li>For the static part of Financial System, you need to cover all the small &amp; big details of regulatory and financial institutions such as SIDBI, EXIM, NABARD, IRDAI etc.<\/li>\n<li>For its dynamic part, you need to stay updated on the latest events of these institutions and current affairs PDFs will just do good.<br \/><a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\">Check ESI &amp; FM Complete RBI Grade B Notes<\/a><\/li>\n<li>Prepare on Primary &amp; Secondary markets (Forex, Money, Bond, Equity), Functions, Instruments, Recent developments for the preparation of Financial Markets.<\/li>\n<li>The topics which ain\u2019t covered in Financial System &amp; Financial Markets come in General Topics. These can be Derivatives, Corporate Governance, PPP, Portfolio Investment etc.<\/li>\n<li>At times, there are numerical questions as well in the Finance paper. Questions can be on topics like T-Bill, Shares, Return on Capital, Expected Return on Equity, Debt to Equity Ratio etc.<\/li>\n<li>Go through the RBI Circulars as well.<\/li>\n<li>For the management section, refer to notes on topics like Leadership, Human Resource Development, Motivation, Communication, Planning, Organisation, Directing, and Controlling.<\/li>\n<li>You need to learn &amp; understand the theories of a lot of management gurus while going through the above topics.<br \/><a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\"><strong>Start Preparing for Phase II with ESI &amp; FM Notes<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p>Alternatively, you can refer to the <a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\">readymade notes of ESI &amp; FM<\/a> which are tailored for this exam. These notes have been prepared by subject matter experts and are comprehensive in nature. The first chapter of ESI &amp; FM is absolutely free to read. If you like the quality, you can <a href=\"https:\/\/www.practicemock.com\/rbi-grade-b\/\">buy the complete set of notes here<\/a>.<\/p>\n\n\n\n<p>This is all we have in this article. Wishing you good luck with your preparation!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is the complete Preparation Strategy for ESI &#038; FM of RBI Grade B 2021 Phase II.<\/p>\n","protected":false},"author":3,"featured_media":371,"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":[19],"tags":[103],"class_list":["post-368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbi-grade-b","tag-preparation-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Preparation Strategy of RBI Grade B 2021 Phase II- Start Now! - Practicemock<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.practicemock.com\/blog\/preparation-strategy-of-rbi-grade-b-2021-phase-ii-start-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preparation Strategy of RBI Grade B 2021 Phase II- Start Now! 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