RBI Grade-B Officer 2015-16 , Phase-I & II

Guys if anybody knew about the notification.. He would post on this group.. What is the need of asking the same question everyday.. and a request to all those who say no notification this year.. I believe its too early to start prepping.. why are you guys wasting your time here, why not party and enjoy life.. let the unenlightened seek their path.. Yours' you know..

Am i eligible for RBI Grade B officer exam 2015.

DOB-15.03.1983 , Experience in Public Sector Bank as a confirmed officer- 17 Months.

Please reply


Somebody explain to me fixed currency regime and floating currency regime???

I am a newbie and just have started the preparation. I am very weak in both Economics (I am a science student )and Essay writing (It's pathetic).

Can someone please review this (my 1st attempt at essay) by taking their precious time out. Your insights would be of great help.


               Effect of Yuan devaluation on Indian market

Recently People Bank of China have devaluated Yuan and before the global market could recover they devaluated Yuan the very next day. This devaluation have come in wake of china's desire to improve it's exports. This move is welcomed by IMF as china is letting market forces determine the currency rates. This move would not only increase the exports but also attract more investors.

But impact of devaluation of Yuan on India is greatly anticipated. In fact the Dalal Street is already showing it's signs as steel and tyres are selling bad. India and China compete for many export products such as steel and tyres, and with an obvious upsurge in exports of china there is a fear of goods dumping in local market with even India having anti-dumping duties imposed on products like steel. This would worsen the already bad import competitiveness as well as pose a problem for the local market. The CAD which was tamed due in the first quarter of current year will also see rise due to import surge.

As most currencies are already running for cover India is not different. The rupee depreciated to it's lowest in last five years and further depreciation is anticipated. Although the REER of rupee is already overvalued at around 11-12% so RBI is not intervening the forex market unlike the last time.

At this peak time when government is trying to boost manufacturing and increase exports the devaluation of Yaun has imposed itself as a direct challenge to the government. Government should try to encourage more manufacturing industries, attract more investors restore the faith of the exsisting investors by removing all the legal hurdles such as Land bill, GST, GAAR etc. dealing the challenge imposed efficiently.

Just curious to know.. How much value does CFA certification (or passing successive levels) carry in RBI? Is it beneficial in terms of future avenues available to Grade-B officers? 

Current RBI employees, kindly share your views...

Hello all.. I have just started preparing for RBI grade b exam. Can you please guide me about the changes expected in the exam and how to start with preparation? What all good resources to follow and what should be my approach? Will it be feasible for me to give the exam this year or should I prepare thoroughly and then give next year?

hi all...can anyone of you guys share with me the link of previous 5 years question papers of rbi officers exam. also if you people have any link for the interview questions/or the full preparation strategy/ or any kind of experience from any rbi qualified candidate....kindly share it with me or mail me at roypranjala@gmail.com....thank you..

Source:FB:

Credits: Susheel Ragade Sir.

Susheel Ragade 1 hr · Edited .

Most probable date of Examination for 'RBI Grade B Phase I' will be November 22, 2015. Start preparation for India's one of the most luxurious jobs. IIM A,B,C, JBIMS, XLRI, FMS etc & IITians are also aiming for this job. Selection ratio is 4000:1. (Actual competition 20:1.)

what should i go for........RBI grade B 2015(hopefully)     OR     Accenture

Changes in pattern revealed by RBI just now. 

Courtesy( Page monitor)

All the papers will be online, congratulations.

https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3061

Which optional paper should I go for? I know its an illogical question, but being an engineer all the 3 papers are equivalently alien to me.

A guidance will be much appreciated. 😐 

https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3061

New Pattern :

No change in Phase -1 although Phase-2 - 1 paper descriptive, two papers MCQ.

https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3061

New Pattern : No change in Phase -1 although Phase-2 - one paper descriptive, two papers MCQ .


No change in Syllabus for Gr B Gen DR. Pattern change also is favourable as now the writing part is only one third of the earlier pattern. Rest two papers are knowledge based objectives papers now.

RBI has also given book list. Good move on RBI part.

Also, those who want to go for RO post , they may opt for optional paper. by studying additional topics and applying for optional paper in Paper 3 of Phase 2.


Suggested reference material Books:

Paper 2 :

1.Indian Economy: Uma Kapila.(Series of Books) 2.Indian Economy: Mishra Puri. (Latest Edition) 3.Growth And Development: Devraj Ray 4.Sociology: C.N. Shankar Rao

News Papers: 1.Economic Times 2.Hindu 3.Business Standard

Weekly/Monthly Magazines/Bulletins /Reports: 1.Economic and Political Weekly 2.Southern Economist 3.Yojana 4.Business India 5.RBI Bulletins

Reports: 1.World Development Report 2.Economic Survey of India

Paper 3: a.An introduction to Economics - A W Stonier and D C Hauge b.Monetary Theory and Public Policy - Kenneth Kurihara c.Indian Economy - Mishra and Puri d.Indian Economy - R. Dutt and KPM Sundaram e.Economic Growth and Development - Mayer and Baldwin f.Major economic newspapers and Economic and Political Weekly g.Public Finance - K K Andley and Sundaram h.Financial Management - Prasanna Chandra

it's just the exam pattern that has been put up there..? application process hasn't started yet..right?

Educational Qualification A Minimum of 60% marks (50% in case of SC/ST/PWD) or equivalent in Bachelor's Degree as well as in 12th and 10th standard examinations.Means we need to have 60% in 10th and 12th as well?

I have posted many a times that please study as once notification is out one will not get time. Now get this gem from today's intro of new scheme of RBI :

"Prospective candidates are advised that Phase-II of the examination will be conducted within two to three weeks of Phase-I of the examination."

However, please do not get discouraged as now writing portion is only 1/3rd of earlier scheme. Economics+Social issues as well as Finance+Management paper will not have writing portion. They will be completely knowledge based objective papers.

Please study now without wasting time, exam notification will be out within a few weeks.

Hi. I have 55% in graduation; 74% in MBA. 80% in 10th & 12th. Am I eligible for the exam as per new norms. Please someone reply.

I think we should wait for education qualification related query till the actual advertisement is out.

I have 65 in 10th and 52 in 12th and 70 in graduation, am i not eligible?

The addition of the three new optional subjects is great news for people with Economics background.. Half the books they have recommended for the Economics optional paper are those that we have already studied during graduation! Huge advantage for us I think! 😊