{"id":4699,"date":"2021-01-29T18:23:41","date_gmt":"2021-01-29T12:53:41","guid":{"rendered":"https:\/\/www.ixambee.com\/blog\/?p=4699"},"modified":"2021-07-26T15:45:19","modified_gmt":"2021-07-26T10:15:19","slug":"rbi-grade-b-phase-2-revised-strategy-for-esi-and-fm","status":"publish","type":"post","link":"https:\/\/blog.ixambee.com\/rbi-grade-b-phase-2-revised-strategy-for-esi-and-fm","title":{"rendered":"RBI Grade B 2021 Phase 2: Revised Strategy for ESI and FM"},"content":{"rendered":"\n

Reserve bank of India’s <\/strong>direct recruitment notification for Grade B officers came as a bolt from the blue on January 28, 2021, <\/strong>because the notification carries some major changes in the exam pattern, syllabus, eligibility and more. <\/strong><\/p>\n\n\n\n

Candidates preparing for this for over a year now are in a state of shock as not much time is left for the exam. Whereas, the candidates going to appear for the first time are equally disturbed as the Phase 2 of RBI Grade B has become partially subjective from objective. <\/p>\n\n\n\n

This piece of news may be overwhelming for you but trust me, not much has changed, you just have to gather yourself and give your hundred percent to the preparation. <\/p>\n\n\n\n

Good news is, the changed exam pattern may work in your favor if you are good in explaining things. Also, Phase 1, to be held on March 06, 2021,  hasn\u2019t changed at all which implies that we have enough time to prepare for RBI Grade B Phase 2 exam. <\/strong><\/a>In the following article, we will discuss the detailed strategy for Economic and Social Issues along with Finance and Management that will be asked in Phase 2 exam. As we are discussing Phase 2 exam here, let\u2019s see what all we have in RBI Grade B Phase 2 Exam Pattern. <\/p>\n\n\n\n

RBI Grade B Exam Pattern Phase 2<\/strong><\/h2>\n\n\n\n
Paper<\/strong><\/td>Name of Paper<\/strong><\/td>Type of Paper<\/strong><\/td>Time Allotted (Minutes)<\/strong><\/td>Marks<\/strong><\/td><\/tr>
Paper I<\/td>Economic and Social Issues<\/td>50% Objective Type, 50% Descriptive; answers to be typed with the help of the keyboard<\/td>30 for Objective and 90 for Descriptive<\/td>50 for Objective & 50 for Descriptive<\/td><\/tr>
Paper II<\/td>English (Writing Skills)<\/td>Descriptive Type, to be typed on the computer with the help of keyboard<\/td>90<\/td>100<\/td><\/tr>
Paper III<\/td>Finance and Management<\/td>50% Objective Type and 50% Descriptive; answers to be typed with the help of the keyboard<\/td>90<\/td>50 for Objective & 50 for Descriptive<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Know your syllabus first<\/strong><\/h2>\n\n\n\n

In order to approach ESI and FM, you will need a well-researched syllabus<\/a>. Few topics of ESI and FM have been added in 2021. Spend a subsequent amount of time to understand the revised syllabus and print it if possible. You can also note it down and mark it done after you finish your topic. This is an effective way of studying as this keeps a check on your preparation progress. <\/p>\n\n\n\n

Click here to download the RBI Grade B Official Notification 2020-21 PDF<\/strong><\/a><\/p>\n\n\n\n

Resources for ESI and FM<\/strong>:<\/h2>\n\n\n\n

Economic & Social Issues (ESI) <\/strong><\/h3>\n\n\n\n

Economic & Social Issues or ESI plays a vital role in scoring in the RBI Grade B Phase 2 Exam Pattern. This section carries 100 marks and duration is 120 minutes (30 for objective and 90 for descriptive). In this section your knowledge about the Economic & Social concepts and the current issues related to National & International Economic & Social issues will be tested. <\/p>\n\n\n\n

Resources for preparation<\/strong><\/h4>\n\n\n\n

As not much time is left for studying books,<\/a> try to study topic wise.  After a thorough analysis of RBI Grade B question paper by our experts, we have found that the Economics & Social Issues section are asked majorly from the Press Information Bureau, Economic Survey of India, The Budget, Basic concept (NCERT) and Newspapers (Current events). <\/p>\n\n\n\n

You can refer to the Hindu Newspaper for covering current affairs. Don\u2019t forget to evaluate The Economic Survey of India and The Union Budget (2021-22) as these are the most important topics from exam point of view. <\/p>\n\n\n\n

Finance and Management (F&M)<\/strong><\/h3>\n\n\n\n

Finance and Management is said to be one of the toughest sections in the exam due to its technical nature. As not many who apply for RBI Grade B have a background in finance and management, therefore, this is the paper you need to give most attention to. This  section also carries 100 marks but the duration here is 90 minutes. <\/p>\n\n\n\n

Resources for preparation <\/strong><\/h4>\n\n\n\n

You can study the important topics from the following books. Try to make notes separately.  <\/p>\n\n\n\n

Book Name<\/strong><\/td>Author\u2019s Name<\/strong><\/td><\/tr>
Financial Management<\/td>Prasanna Chandra or IM Pandey<\/td><\/tr>
Indian Financial System<\/td>Bharti Pathak<\/td><\/tr>
Principles of Management<\/td>LN Prasad<\/td><\/tr>
Organisational Behaviour<\/td>SP Robins<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Detailed strategy for ESI and FM is beautifully explained by Mrs. Prachi Agarwal. <\/strong>She is an expert faculty for Finance and Management in ixamBee. Please watch the video to get a detailed preparation strategy for ESI as well as FM. This video will build your confidence and help you in cracking RBI Grade B 2021 exam. <\/p>\n\n\n\n

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