How to Prepare General Awareness for RBI Grade B Exam

| Updated On November 4th, 2019 at 04:21 pm

RBI Grade B Notification 2019 is already out and the last day to apply online is over now. Candidates aspiring to pursue their career with Reserve Bank of India (RBI) must have started their preparation already. Only few days are left for the exam and it is necessary for the candidates to tie their race properly as it not going to be an easy task.

RBI Grade B exam is conducted in three stages: prelims, mains and interview. As per the official notification of RBI Grade B 2019, the prelims exam is to be held on 9th November 2019 while the mains exam is to be held on 1-2 December 2019. Unlike other banking exams, RBI Grade B exam pattern and RBI Grade B syllabus has a different outlook. This article is dedicated to deal with the preparation strategy for General Awareness (GA) for RBI Grade B officer exam. Before going into details, let us give you a brief intro about the RBI Grade B exam pattern.

Strategy to crack RBI Grade B

RBI Grade B exam pattern 2019

We hav given a brief guide to the RBI Grade B exam pattern for prelims as well as mains. The prelims stage is objective as well as qualifying in nature. However, the marks of mains and interview is added to make the merit list.

RBI Grade B exam pattern for prelims

Subject No. Of Questions Marks
General Awareness 80 80
Maths 30 30
English 30 30
Reasoning 60 60
Total 200 200

RBI Grade B exam pattern for mains

Name of the Paper Type of the Paper Time (Mins) Marks
Paper I (Economic & Social Issues) Objective Type 90 100
Paper II (English- Writing Skills) Descriptive (to be typed with the help of keyboard) 90 100
Paper III (Finance & Management) Objective Type 90 100

There is penalty for every wrong attempts in RBI Grade B exam. 0.25 marks as a penalty is deducted. There is no penalty for unattempted questions.

General Awareness Preparation for RBI Grade B 2019

Preparation of RBI Grade B demands persistent hard work and dedication. To ace the exam, it is important for a candidate to look into the syllabus of RBI Grade B and previous year’s paper. As prelims is aproaching shortly, we have given the General Awareness strategy to help you ace this section. The general awareness section has the highest weightage in the RBI Grade B officer exam. It  carries a total of 80 marks out of 200. Let’s dig deep into the startegy.

The general awareness consist of two parts: static and current affairs. The static GA can not be prepared thoroughly but still you can make a go with some of the important topics nlike the banking thoery and Static ports. The current affairs section is the one that can be aced with regular news update that includes National, International Current Affairs and Economy current affairs.

General Awareness Important Topics

The general awareness is the most dynamic portion that requires daily plan. We have listed below important topic for RBI Grade B 2019 that can keep your focus on the exact areas demanded by the exam.

1. Current Affairs

  • National Current Affairs
  • International Current Affairs
  • Person in News/ Awards
  • Economy Current Affairs
  • Important organisations : SEBI, RBI
  • Credit rating Agencies: National & International
  • FDI limits in different sectors
  • Schemes launched by governments related to banking and finance
  • Export and Import Items
  • RBI Monetary Policy Review
  • Announcements made by RBI and other banks
  • Business News: Mergers Acquisitions and Buyouts.

2. Static Awareness

  • History of Banking in India: Which was the first bank to be setup in Madras province etc. Nationalization of Banks.
  • Organizations:RBI; NABARD; Planning Commission; 5 year plans; Finance Commission; World Bank
  • Reserve Bank of India’s role in Indian banking system.
  • Economic/ Financial terms & concepts: GDP; GNP; PPP; HDI; Inflation; WPI; CPI; IIP; SLR; CRR; Repo rate; Reverse Repo; Bank rate; Mutual Funds, Open Market Operations; Money supply
  • Foreign Exchange reserves of India.
  • Different kind of accounts and corresponding interest rates
  • Non Banking Financial companies: Definition, Difference from bank etc.
  • Acts, Committees & legislation: Budget 2016, Railway Budget 2016; Companies Bill 2013
  • Banking services: Assets, liabilities and working capital of a bank; NEFT; RTGS; Banking Correspondence agents;Bancassurance; Pradhan Mantri
  • Jan Dhan Yojana
  • BASEL norms
  • Financial Inclusion and various initiatives for it.
  • Types of Markets, Money and banking instruments
  • Reverse Mortgage Loans.
  • Priority Sector Lending.
  • Banking Abbreviations, terms and concepts.
  • Headquarters of Banks

RBI Grade B Preparation Tips

Although you may have made your own tips to deal with the exam. We are giving some tips to prepare for the exam:

  • Read newspaper daily.
  • Read last 5-6 months monthly magazines.
  • Make notes of important topics.
  • Revise everything as it can only help you in retaining the knowledge.

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