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11/1/2015 Mrunal [Studyplan] RBI Grade B Officers (Preliminary) Objective Phase-I Exam : Booklist, Strategy, Previous question Paper - Mrunal

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- Mrunal - http://mrunal.org -

[Studyplan] RBI Grade B Officers (Preliminary) ObjectivePhase-I Exam : Booklist, Strategy, Previous question Paper

Posted BySupport StaffOn 04/10/2012 @ 2:11 pm In Studyplan | 1,320 Comments

1. Reserve bank of India 20112. RBI Preliminary exam: structure

3. Section #1: General Awareness (GA)

How to prepare Economy for RBI exam?

How to prepare Static Economy (theory)?

How to prepare Dynamic Economy (Current Affairs)?

How to prepare Yearbook

How to prepare International Affairs

How to prepare everything else!

4. Section #2: Quantitative Aptitude (QA)Priority areas in Quantitative aptitude (QA)

Non priority areas in QA

Data Interpretation (DI)

How to get speed for DI?

5. Section #3: English Grammar and Comprehension

Priority Areas of English Section

6. Section #4: Logical Reasoning

How to approach LR?

Priority areas for Logical reasoning

7. To sum up

8. Essential booklist/Preparation sources for RBI Grade B officers Exam

9. Appendix:Topicwise Breakup of RBI 2011 Paper.

Reserve bank of India 2011

RBI Grade B officers exam, follows the same structure of UPSC Civil service exam.

This RBI exam has three phases

1. Phase I (Objective Type Test)= Preliminary stage (Multi choice questions)

2. Phase II Descriptive Exam (we already discussed this in old article, CLICK ME)

3. Phase III Interview.

Im extremely grateful to my trusted friend from pagalguy forum csl80, for providing me the

paper of 2011s exam and all other background information on this exam.

This whole strategy / studyplan is based on that.

RBI Grade B Officer Preliminary exam: structure

No of questions= 200

Sectional Passing marks = yes. (just like bank exam. It means Candidates have to secure
http://www.pagalguy.com/u/csl80http://mrunal.org/2012/03/study-plan-rbi-officers-phase-2-exam.html


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minimum marks separately for each section.)

Negative marking = yes (minus 1/4thof the marks allotted to a question)

According to RBIs pattern in 2011s exam, here is the breakup

Topic No. of Qs Marks Time

General Awareness 80 80 45mins

Math 30 30 20minsEnglish 30 30 20mins

Reasoning 60 60 45mins

Total 200 200

UPDATE (August-05-2013): As per the RBI Handout for 2013s Prelim: there is sectional

cutoff but no sectional timing. Theyll give 200 questions to you at once, and you can solve

them in any order within 130 minutes

Section #1: General Awareness (GA)

Let us look at the topic wise breakup of General Awareness, in 2011s RBI preliminary exam.
https://docs.google.com/file/d/0B0DPgaYAtDgmd1BHT2g5WHFndnc/edit?usp=sharing


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Topic No. of Questions in 2011s Exam

Economy 56

Yearbook 13

Diplomacy 7

Geography 3

Science 1

Total 80

You can find the actual questions in the appendix below. Even 2010s exam had more or lessthe same breakup: heavy emphasis on Economy and Yearbook type of questions. So now let us

see how to approach each of above topics.

How to prepare Economy for RBI exam?

As you look in the last paper, youll see some questions are based on static (theory) portion

and rest are based on dynamic (current affairs). Ive given the reading list accordingly.

There are mainly 5 type of questions that can be asked in economy related MCQs.

1. Youre given a term and four definitions. Youve to find the correct definition. (or vice

versa)

2. Youre given a 4-5 organizations and their functions, and youve to match the

following.

3. Name of some person and which organization hes related with. (or vice versa)

4. Name of some Government policy/ Act is given, and some statements are given. Youve

to find the correct statements associated with that policy/act.

5. Trivial: Absolute dates and numbers. For example How much money did Government

allot in xyz fund sector? Or what was the repo rate in xyz month? or In which yearNABARD was established?

Problem:


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Students devote all their energy in mastering 5thtype of questions. But youve to bow

down to the fact that there can be no end to trivial question. What if you prepared

NABARDs establishment year but they asked about LICs year? So the Cost:Benefit

ratio is not good.

Therefore Donot get obsessed with trival facts. Because no war is won without sacrificing

a few soldiers. And Nobody expects you to score 100/100 marks whether it is UPSC,

RBI or CAT.

Now here is the reading list/ suggested books.

How to prepare Static Economy (theory)?

1. NCERT economics: can be downloaded for free byclicking me

2. NIOS (National Open School) study material for Economy (can be downloaded for free

by clicking ME

3. Indian Economy by Ramesh Singh (TMH Publication)

4. For practice-Mock questions given at the end of General studies (GS) manual.

^this is more than sufficient.

Dont try to get in minute details (for example many topics in NCERT

Class 12 Micro economic.)

As I keep saying, no point in wasting time in Mishra Puri, Dutt

Sundaram, Uma Kapila etc. books theyre written from academic point

of view = not very helpful in competitive exam, time is luxery we

dont have.

Once this is done, use the General Studies manual, and solve all the

mock questions given at the end of its Economy chapter.

If you have one, then well and good.

If you dont have one, then borrow from some friend or visit

Government library. There is absoutely no need to specially buy a GS

manual for RBI exam.

How to prepare Dynamic Economy (Current Affairs)?

Prepare highlights of budget 2013 + Economic Survey (lot of content already covered in

Mrunal.org/economy

Any one magazine

I assume youre in the competition business since many months. So youd have a good

collection of current affairs magazines @home. Whether it is CST or Pratiyogita Darpan,

Chronicle or Wizard doesnt matter. Just go through its monthly Economy portion.

Following are the Priority areas in a magazine in descending order of their importance.1. Economy

2. International

3. National

4. Science tech
http://www.flipkart.com/indian-economy-civil-services-examinations-5th/p/itmdfgb8bvemvqvw?pid=9781259064289&affid=mrunalrugmhttp://www.flipkart.com/indian-economy-civil-services-examinations-5th/p/itmdfgb8bvemvqvw?pid=9781259064289&affid=mrunalrugmhttp://files.secureserver.net/0fdAWETp4sONW5https://files.secureserver.net/0fHCh0CLd6Az63


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5. Persons in News

If you dont have magazine, no worries, go to Government library of your city, all of these

magazines will be available. You dont have to read all of them, just pick any one and go

through it.

You can also visit Competitionmaster.com (he gives monthly current affairs)

You can also read Pratiyogita Darpan online for free: http://pdeng.pdgroup.in/Index.aspx

Question: which magazine to refer? If your sole aim is IAS exam then go for Civil

Services Times.But if youre simultaneously preparing for IAS+State PSC+Bank/RBI/SSC type of

exams= go for Pratiyogita Darpan. Because he also provides papers for those exams.

Any one newspaper: The Hindu or Indian Express

How to read newspaper = already explained in following article

http://mrunal.org/2012/06/current-affairs-ias.html

You must remember that if you qualify in preliminary exam, youll have to face the descriptive

papers (phase II). And hence, newspaper reading = essential.And finally the main villain: Mrunal.com/economy

How to prepare Yearbook

As you saw in the table, 13 questions came from Yearbook.

By the word Yearbook, I mean Government schemes, social Development etc. (boring)

stuff.

There is again no need to buy the book specifically for RBI exam because, Ive already

covered most of the important stuff related to Government schemes, projects etc from the

India yearbook in my summary artiles on Economic Survey (freely available onMrunal.org/economy).

Please keep in mind yearbook doesnt mean only the stuff given in that book. They can

ask something from those topics, from current affairs. So do read the newspapers, do go

through the current affairs magazine.

How to prepare International Affairs

1. Any one magazine AND OR Competitionmaster.com

2. Any one newspaper: The Hindu or Indian Express3. mrunal.org/diplomacy

How to prepare everything else!

I mean to say the miscellaneous topics for RBI exam (seeing last two years papers):

history, polity, geography, science = these are all non-important miscellaneous topics.

But still itd be mistake to go completely blank on other topics. What if some really easy

3-4 questions come?

Therefore I suggest you go through Lucents General Knowledge book.

With this I conclude how to prepare the General Awareness (GA) portion of RBI Grade B

officers exam.

Now let us move to the aptitude part.
http://www.flipkart.com/lucent-s-general-knowledge/p/itmdyqgpdahtxcyp?pid=9785111109682&affid=mrunalrugmhttp://www.mrunal.org/diplomacyhttp://www.mrunal.com/economyhttp://mrunal.org/2012/06/current-affairs-ias.htmlhttp://pdeng.pdgroup.in/Index.aspx


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Aptitude

(I put Maths, logical reasoning and English all three into aptitude)

Section #2: Quantitative Aptitude (QA)

The maths is more oriented towards data interpretation rather than conventional profit-loss type

stuff. Go through the old papers (posted at bottom), and prepare topics accordingly. And to clearthe basic concepts of maths, you may use the approach shown in the RBI Assistant exam

article click me

Many articles on mrunal.org/aptitude

Practice old Bank PO question papers (can be googled).

ignore trigonometry, geometry (other than area volume perimeter), coordinate geometry

and logerithms.

Priority areas in Quantitative aptitude (QA)

1. Operation on brackets

2. Linear equations

3. Average + alligiation

4. Ratios

5. Profit, Loss, %, SI and CI : all can be solved if youve clear concept of % calculation.

6. Arithmetic and Geography progression.

7. TSDW (Time speed distance and Work): all can be solved using the STD table, if you

go through my old articles on Mrunal.org/aptitude

8. Permutation, Combination, Probability : all can be solved without problem, if you gothrough my old articles.

9. Geometry: Area and Volume

10. Venn Diagrams

Non priority areas in QA

1. Geometry: things other than Area, Volume, Perimeter

2. Coordinate Geometry

3. Logerithms4. Trigonometry

5. Functions and graphs.

^these topics are important for SSC exam but not much for RBI

Data Interpretation (DI)

In this QA (maths) portion, they also asked Data interpretation (DI) questions worth 15 marks,

in 2011. There is hardly any theory in DI, all youve to do is practice. Speed (quick

calculation) is extremely important here, otherwise you might end up wasting 20+ minutes indoing barely 5 sums of DI.

Basically DI requires speed in Addition and % calculation and lot of practice from old

Bank/IBPS papers.
http://www.mrunal.org/aptitudehttp://mrunal.org/2013/06/studyplan-rbi-assistant-exam-topicwise-booklist-strategy-free-studymaterial-previous-years-paper-cut-offs.html#454


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How to get speed for maths calculations?

1. Understand this two-digit long division technique explained here click me

2. Understand the Trachtenbergs method for multiplication, especially for 5,9 and 11. plenty

of articles on google, start with this one: click me

3. Then practice maximum questions from previous years IBPS/Bank papers.

(There is no harm in learning Vedic maths techniques either but I find Trachtenbergs speedmaths more user-friendly and convenient than Vedic maths.)

Section #3: English Grammar and Comprehension

30 questions came from English portion in RBI 2011 exam.

Priority Areas of English Section

Reading comprehension

There are no secret tricks. Just one word: Practice.

Now where to find practice? Plenty of resources, if only you look for them

1. Pagalguy forum has dedicated threads for it.2. Just google GMAT reading comprehension or CAT reading comprehension youll come

across plenty of sites providing mock questions.

3. You can also use previous years papers of UPSC, IBPS, Bank PO to practice.

Sentence arrangement/ Correction, Fill in the blanks etc.

I feel the best way to master it = Pagalguy forums CAT thread for it.

For grammar book, If you already have grammar book (R.S.Agarwal, A.P.Bhardwaj) etc.

use it. If you dont have any book, I suggest you go for objective general English by SP Bakshi

(Arihant Publication).

Vocabulary
http://www.flipkart.com/objective-general-english/p/itmdyuqqgafhtehp?pid=9788183480000&affid=mrunalrugmhttp://en.wikipedia.org/wiki/Trachtenberg_system#Multiplying_by_5http://mrunal.org/2012/11/aptitude-long-division-two-digit-division-calculation-without-tears-and-without-boring-vedic-speed-maths.html


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will helps indirectly in the fill in the blanks + comprehension.

In short, overall approach would be more or less the same as given in earlier How to

prepare English for APFC article Click ME

Section #4: Logical Reasoning

If you donot practice enough at home, the Logical reasoning questions can be Sitters (i.e. you

waste lot of time trying to figure out blood relation and sitting arrangement etc)

How to approach LR?

Solve the sums given in this book: Verbal and Non Verbal Reasoning by

Dr. R S Aggarwal

Problem: the book has about 600 pages and you dont have that

much time.

Well atleast do 10-10 questions from each variety. + ignore the

non-verbal portion because it is not that important for RBI

(although important for IBPS).

Priority areas for Logical reasoning

Following topics are important, because usually atleast 4 questions

come from each of these.

Blood relations. (generally a case/parapgrah followed by 5

questions)
http://www.flipkart.com/modern-approach-verbal-non-verbal-reasoning-8121905516/p/itmdytg8ghhmrq75?pid=9788121905510&affid=mrunalrugmhttp://www.flipkart.com/modern-approach-verbal-non-verbal-reasoning-8121905516/p/itmdytg8ghhmrq75?pid=9788121905510&affid=mrunalrugmhttp://mrunal.org/2012/07/apfc-english.html


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Sitting Arrangement . (generally a case/parapgrah followed by 5 questions)

Coding decoding

Input output

Inequality (x>y and y


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Here is the Breakup of questions from 2011s RBI Grade B officers exam

You can download the the prelims (phase 1) papers of RBI 2011 and 2010 by clicking me

Section 1: General Awareness

Economics

1. meaning of least developed countries2. statement about Indias GDP

3. persons associated with reserve bank of India

4. reforms needed after Satyam scandal 2009

5. International commodities responsible for cost push inflation

6. features of special economic zone act

7. definition of GDP

8. components of human development index

9. how to measure economic growth of a country

10. contribution of agriculture sector in total GDP of India11. contribution of service sector in the total GDP of India

12. how is Indias national income majored

13. Fiscal reforms adopted by government of India

14. component of current account and capital account

15. What is the purpose of know your customer scheme?

16. Name of the organisation responsible to promote micro, small and medium

industrial sector in India.

17. Why market borrowings of the union government have gone up in the year 2011?

18. Which of the following, is not an example of core industry?19. What is the full form ofDEPF scheme

20. recently, coal Ministry of India has allocated some coal blocks in four states. Which

of the following are not among those four states?

21. Which of the following is an example of nontax revenue?

22. Full form of MRTP act.

23. Which of the following is not an industrial sector?

24. Who among the following is a deputy governor of RBI?

25. Which of the following acts, helps a bank in its day to day activities?

26. Lack of access to financial services, is technically known as.

27. Which of the following is not a function of NABARD?

28. Banks in India required to maintain a portion of their demand and time liabilities

with the reserve bank of India. What is the technical term for this portion?

29. Example of major risks faced by the bank in their daily business.

30. Which of the following schemes was launched by RBI in 2004, under which

government of India stated that securities could be issued to absorb surplus or

durable liquidity?

31. What amount was allocated for raising credit to farmers in union budget 2012

32. full form of MFI.

33. What is the size of womens self-help group development fund created bygovernment of India?

34. Which of the following statement is true about International monetary fund.

35. Definition of bank rate.
https://files.secureserver.net/0fdsEEYy0oxCJK


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36. Which of the following term is associated with banking and finance.

37. Which of the following is a millennium development goal?

38. Which of the following countries got a new bailout package with the help of private

sector?

39. Goods and services tax will be implemented from which year?

40. Full form of TIEA

41. Which of the following, is not a credit rating agency?

42. Who is the president of the World Bank?43. Which of the following is a contentious issue between WTO and India?

44. Who is the head of National Manufacturing competitiveness council?

45. Member of G8 among following

46. major issue emphasised by Mohan in his UN speech

47. what is Robin Hood tax.

48. Features of 12thFYP

49. the central banks of five developed countries came together recently and decided to

provide unlimited dollar loans to banks in their areas. What was the purpose of this?

50. Name of the payment and settlement system used by banks in India.51. Federal reserve is the central Bangkok which country?

52. Why was FH Malegam committee constituted?

53. The controller and auditor general of India recently got appointed an external

auditor of which international organisation?

54. The special drawing rights are provided by which international organisation?

55. Indian citizen is allowed to invest overseas freely accept which country?

56. Who got the Nobel Prize for economics in 2011?

Yearbook

1. MNREGA definition

2. statements from Census 2011

3. scheme launched for school children

4. name of government act related to sustainable growth.

5. Which of the following is a woman empowerment program?

6. Full form of AAY.

7. Which of the following organisation of women in India,has arisen out of the

confluence of three moments labour movement, cooperative movement and the

womens movement is on Gandhian philosophy.

8. Second Green Revolution will be launched in north-eastern states to increase

production of which crop?

9. Which of the following factors as now a check on migration of agricultural

labourers from one place to another place in India?

10. Which of the following is not a program launched by government of India?

11. Name of the scheme launched to provide prenatal and postnatal care to mother and

child.

12. Name of the scheme for improving the desert areas.

13. Name of the scheme to make Indian cities, free from slums.

International affairs


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1. Function of high IAEA.

2. South China Sea dispute (why China raised objection against India).

3. India entered into an agreement to purchase LNG from East Asian nations, under

which policy?

4. G-7 summit of 2011, was held in which city?

5. Which of the following organisation gave warning tp the nations that there may be

increased risk to global financial stability in the world?

6. Which of the following agency did pollution survey and found that Indian cities aremost polluted in the world

7. Who represented in India in the first South Asia Forum meeting held in 2011?

Geography

1. Sardar Sarovar dam is built on which river?

2. Rashidpur Gas fields are located in which country?

3. Which country is the largest producer of chemical fertilisers in the world?

Science and technology

1. greenhouse gases are responsible for what?

Section 2: Maths / quantitative aptitude

Topicnumber of

questions

1. Operation on Brackets e.g. 27^25-31+4=?? 5

2. Solve the Linear equations, find values of x,y and z and findrelation between them (e.g. is x


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Data sufficiency 5

All cats are dogs 6

Seating arrangement (two cases are given) 10

Weight arrangement (Abhishek is heavier than..) case 2

Inequality based statement-conclusions (i.e N

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