Free Mock Test RBI Grade B Phase II Exam

Free Mock Test For RBI Grade B Phase II Exam

Share with your friends

RBI GRADE B Online Test Series | Mock Test Free

The much awaited notification for RBI Grade B 2018 exam is finally out and ixamBee is providing its subscribers free mock tests for RBI Grade B Exam 2018 for practice. RBI has released the Grade B 2018 exam dates with 166 vacancies for the post. RBI Grade B 2018 Exam will be conducted in two phases, Phase 1 and Phase 2 and, we at ixamBee will be providing free online mock tests for both the phases, so that you can practice them and know where you stand against your peers in the competition.

Free Mock Test RBI Grade B Phase 2 2018

RBI Grade B is one of the most sought after careers and its notification is finally out. IxamBee is giving its subscribers RBI Grade B Phase 2 online mock tests for free which is the need of the hour. The competition for the exam is very high, so you must be at your sharpest to give yourself a chance at cracking the exam and practice as many online RBI Grade B Phase 2 mock tests as possible.
Attempt free online RBI Grade B Phase 2 mock tests in order to test your time management skills and also learn to avoid questions or segments that may be of concern to you. Online RBI grade B Phase 2 free practice mock tests will help you measure your progress in learning & let you know where exactly you stand in your quest to clear the RBI Grade B Examination.
Online test series for RBI grade B Phase 2 is designed to provide you with an experience of appearing for the papers in real. Online RBI grade B Phase 2 free mock tests will help you prepare in detail for the exam, as there can be no compromise made by you while choosing the material you decide to study.

RBI Grade B 2018 Exam Pattern

Phase 1: RBI Grade B Preliminary Examination

Preliminary Examination comprised of 200 objective type questions, for 200 marks, with a composite time of two-hours. The examination consisted of 4 sections, as mentioned below:

Sl. No.

Name of Test

No. of Questions


Time Allotted


English Language



Composite Time of 2 hours


Quantitative Aptitude




Reasoning Ability




General Awareness








Phase – II: RBI Grade B Main Examination

Both the Objective and Descriptive Tests are conducted online. Kindly note, all questions (in both Preliminary and Main Examination, except the Test of English), are available bilingually in English and Hindi.


Name of Paper

Type of Paper

Time Allotted (Minutes)


Paper I

Economic and Social Issues

Objective Type



Paper II

English (Writing Skills)

Descriptive Type, to be typed on the computer with the help of keyboard



Paper III

Finance and Management

Objective Type






Marking Scheme for RBI Grade B Exam

The Marking Scheme for RBI Grade B 2018 and penalty for wrong answers (Applicable to Both Preliminary and Main Examinations) is as follows:

Marking Scheme

For correct answers

For Incorrect answers

1 mark & 2 Mark

-0.25 mark & -0.50 mark respectively

For not attempted

0 (no marks)

Phase III: RBI Grade B Personal Interview (50 marks)

The marks of candidates qualifying in the Main Examination decide the final list of candidates for Personal Interview (PI), in each category.

RBI Grade B Final Selection:

Final Selection is done through merit list which will be prepared by adding marks secured by candidates in Phase-II (Paper-I +Paper-II +Paper-III) examination and interview.

RBI Grade B Eligibility Criteria

The eligibility Criteria - Nationality, Educational Qualification, Age limit and No. of chances for RBI Grade B Examination is mentioned below:

RBI Grade B 2018 Educational Qualification

• A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree in any discipline from a recognized university or equivalent. The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be in aggregate for all semesters/years.
• The candidate should have cleared 12th (or Diploma or equivalent) and 10th standard examinations with 60% marks.

RBI Grade B 2018 Age Limit

Upper age limit is 32 and 34 years respectively for those candidates who possess M.Phil. and Ph.D. qualification. Furthermore, upper age limited is relaxed to maximum 3 years for candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, provided the upper age limit does not exceed 33 years including experience.

RBI Grade B 2018 Number of chances


No. of Chances


6 chances


No Restriction


No Restriction

Important Dates for RBI Grade B

The entire process for RBI Grade B 2018 will be concluded as per the schedule below:

Important Events

Important Dates

On-line registration including Edit/Modification of Application by candidates

03 July 2018 to 23 July 2018

Payment of Application Fees/Intimation Charges

03 July 2018 to 23 July 2018

Release of Admit Card for Phase 1


Online Examination – Preliminary, Phase 1

16 August 2018

Declaration of Result for Written Exam, Phase-1

End of August 2018

Release of Admit Card for Written Exam, Phase-2

First Week of September

Online Examination- Main, Phase 2

07 September 2018

Declaration of Result for Written Exam, Phase

To be notified later

Conduct of Interview - Phase 3

To be notified later

Declaration of Final Result

To be notified later

RBI Grade B FAQ (Frequently Asked Questions)

What are the important qualities of a good quality mock test?

Competitive exam mock tests have three main objectives:
• Assessing your level of preparation
• Improving your score
• Learning time management

Please understand that in preparation of RBI Grade B your time invested on the mock test is your most important resource. Look for some important qualities like:

Questions matching with the actual exam - Sometimes candidates judge a practice test by its difficulty level. But you need to realize that for clearing RBI Grade B exam you need not to practice for UPSC- Civil Services or CAT or GMAT questions. If you want to learn riding motorcycle, you cannot go for practice by learning to drive a car. With these tests you shall be able to assess your performance for RBI Grade B exam. You shall also be able to learn the types of questions asked in the exam.

Analytics to improve - You don’t need a fancy and complicated analysis that creates more confusion. Rather look for simple and clear cut result analytics to help you in identifying improving your score. Exam analytics helps you in identifying the questions that you shall-
• Attempt first - questions in which your speed and accuracy is great
• Skip - the chapters which are difficult for you and take lot of time
• Improve - the chapters in which you can improve your speed and accuracy by more practice or by learning fundamentals better

Answer explanations - The ultimate aim of attempting mock tests is to improve your learning. Answer explanations help you in learning the short-cut methods in quant and reasoning and making learning better in General Awareness, English, ESI (Economics and Social Issues) and FM (Finance and Management).

How to analyse the score of practice tests/ mock tests?

Analysing the performance of your mock tests is as important as it is to attempt mock tests for RBI Grade B. If you are not analysing your performance score thoroughly and scientifically you will not be able to improve much by simply doing more practice tests. Follow these rules in evaluating and analysing your performance in the mock tests:

Identify your strong and weak points – Your section-wise score will indicate in which section (Quant, English, General Awareness and Reasoning) you are strong and where you are weak. Compare the score you obtain in English, Quantitative Aptitude, Reasoning and General Awareness with you overall score and with the score of topers in these sections. Also compare the per-question time taken by you in solving these questions in different section. Please remember in the exam your most critical resource is time. In sections and chapters where you are taking more time per minute you shall identify the learning strategy to reduce your time.

Speed and Accuracy – A right combination of your speed and accuracy is critical to crack the exam. In addition to the score you need to also see your accuracy level. In the exam there is negative marking, because of which you are penalised for wrong answers. If you score very less number of questions you will not be able to get the cut-off marks and if you do questions very fast your marks are deducted because of the wrong answers. Therefore, the key is to find optimum level - the speed at which you do more questions and do few mistakes. You compare your speed and accuracy across various chapters. For example in Reasoning, you find our whether you are better in solving puzzles, input-output, inequality, coding-decoding, syllogism, or others in RGBI Grade B exam. Your aim is to score more in less time.

Frame your strategy – Once you have analysed the performance data of time taken and accuracy level in questions, you frame a strategy that suits you depending on:

Identifying your stronger areas to score higher on that.

Identifying your improvement areas - the chapters where you can score more by learning fundamental and more practice. In these chapters you will have to work more in coming days to get more score.

Knowing your weak points - These are the questions you need to skip because these may be difficult for you and you waste lot of time solving them or maybe you do lot of mistakes in these types of questions. You know that skipping questions is as important as attempting the right question.

Once you know these methods to improve your performance you need to make more practice of more RBI Grade B mock tests because skills cannot be learned only by knowing theory.

What shall be the approach to attempt mock tests for Phase 1 ad Phase 2 in the RBI Grade B exam?

In phase 1 tests you have to focus on improving your speed and accuracy to score enough to cross the sectional cut-off and overall cut-off. While in Phase 2 you need to score maximum so that you are finally selected, therefore, you shall be focussing on learning by studying the solutions given in the every question in the mock tests. In Finance section you will learn to solve numerical in financial statement analysis, bond valuation, etc. Try to attempt as many questions of Phase 2 so that you cover the syllabus by learning while answering the questions. Time is not a constraint in Phase 2, the knowledge of the subject matters the most. In Phase 1 tests for RBI Grade B, your approach shall be to clear cut-off in Quantitative Aptitude (as the level is tough and it takes time) and score maximum in General Awareness, English and Reasoning as per your strength.

Shall I do one Mock Tests daily?

One to two weeks before the exam you may attempt one mock test daily but before that you shall complete your studies covering the entire syllabus. You shall focus your energy on improving your score by analysing your performance. When you starting the preparation give more time on learning the subject and do more chapter test and section tests. Attempt mock tests on regular basis and increase the frequency of the mock tests as the exam date come closer. For Phase 2 mock tests you need to cover the syllabus of Phase 2 RBI Grade B exam before you attempt mock tests.