Selecting the right RBI Grade B study material is crucial for any candidate to crack the exam. Reliable study materials ensure that the content is accurate, up-to-date, and relevant to the exam syllabus. It provides a clear and structured path for learning, covering all necessary topics and concepts.
In this article, you’ll find the best RBI Grade B free study material. From informative videos to detailed notes and from important books to previous years’ questions, we’ve got it all covered.
Understanding RBI Grade Exam Pattern and Syllabus
Before delving into the free RBI Grade B preparation material, it is essential to familiarize yourself with the exam pattern and syllabus for each phase. It provides clarity on the topics to focus on, the marking scheme, and the format of the questions. This knowledge allows you to tailor your study plan, allocate time efficiently, and be well-prepared for the exam.
Furthermore, the significance of practising RBI Grade B Previous Years Question Papers cannot be overstated. Incorporating them into your preparation strategy is a smart move. They help you understand where you stand, identify your strengths, and pinpoint areas for improvement.
After understanding the exam pattern and syllabus, and identifying your strengths and weaknesses, let’s take a look at the free RBI Grade B study material.
RBI Grade B Free Study Material for Phase 1
The RBI Grade B Phase 1 exam consists of four sections:
- Quantitative Aptitude
- Reasoning Ability
- General Awareness
- English Language
The RBI Grade B Study Material for Phase 1 is given below:
RBI Grade B Free Study Material: Quantitative Aptitude
In the RBI Grade B Phase 1 Exam, the quantitative aptitude section comprises 30 questions, each carrying one mark. Aspirants are given 25 minutes to solve this section. Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the quantitative aptitude section of the exam.
Important Note: The lectures listed below are from 2023 but remain relevant for the coming years as they cover the basics of quant topics that remain consistent over time.
| Quantitative Aptitude Free Study Material | |||
| SNo. | Topic | Videos | PDFs |
| 1 | Quadratic Equation | Watch Now | Download PDF |
| 2 | Simplification & Number Series | Watch Now | Download PDF |
| 3 | Data Interpretation | Watch Now | Download PDF |
| 4 | Profit Loss & Interest | Watch Now | Download PDF |
| 5 | Time & Work | Watch Now | Download PDF |
| 6 | Time, Speed, & Distance | Watch Now | Download PDF |
| 7 | Other Topics and MCQs | Watch Now | |
In the above table, we have mentioned the free study materials covering the most important quant topics.
RBI Grade B Free Study Material: Reasoning
In the RBI Grade B Phase 1 Exam, the reasoning section comprises 60 questions, each carrying one mark. Aspirants are given 45 minutes to solve this section. Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the reasoning section of the exam.
Important Note: The lectures listed below are from 2023 but remain relevant for the coming years as they cover the basics of reasoning topics that remain consistent over time.
| Reasoning Free Study Material | |||
| SNo. | Topic | Videos | PDFs |
| 1 | Syllogism | Watch Now | Download PDF |
| 2 | Inequality and Ranking | Watch Now | Download PDF |
| 3 | Coding & Decoding + Input-Output | Watch Now | Download PDF |
| 4 | Direction Sense | Watch Now | Download PDF |
| 5 | Blood Relation | Watch Now | Download PDF |
| 6 | Puzzles | Watch Now | Download PDF |
| 7 | Reasoning Shortcuts | Watch Now | |
In the above table, we have mentioned the free study materials covering the most important reasoning topics.
RBI Grade B Free Study Material: English
In the RBI Grade B Phase 1 Exam, the English section comprises 30 questions, each carrying one mark. Aspirants are given 25 minutes to solve this section. Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the English section of the exam.
Important Note: The lectures listed below are from 2023 but remain relevant for the coming years as they cover the basics of English topics that remain consistent over time.
| English Free Study Material | |||
| SNo. | Topic | Videos | PDFs |
| 1 | English Lecture 1 | Watch Now | Download PDF |
| 2 | English Lecture 2 | Watch Now | Download PDF |
| 3 | Part of Speech, Basics of English, Grammar, Noun, Pronoun, Common vs. Proper Noun, Common vs. Proper Pronoun, Verbs, Helping Verbs, Adjective, Adverbs, etc. | Watch Now | |
In the above table, we have mentioned the free study materials covering the most important English topics.
RBI Grade B Free Study Material: General Awareness
In the RBI Grade B Phase 1 Exam, the general awareness section comprises 80 questions, each carrying one mark. Aspirants are given 25 minutes for this section. Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the general awareness section of the exam.
| General Awareness Free Study Material | ||||||
| SNo. | Name of Series | Current Affairs Topic | Frequency of Sessions | Days Allotted | Live Session Timing | Link |
| 1 | CT360 | GA+ ESI Current Affairs(Phase 1 & 2) | 3 Days per Week | Tuesday, Thursday, and Saturday | 5.00 PM | Watch Now |
| 2 | Finance360 | Finance Current Affairs(Phase 1 & 2) | 3 Days per Week | Monday, Wednesday, and Friday | 10.00 AM | Watch Now |
| 3 | Perspective360 | Issue based Current Affairs(Phase 2) | 3 Days per Week | Monday, Wednesday, and Friday | 5:00 PM | Watch Now |
Now that you have access to the free RBI Grade B Study Material for Phase 1, let’s explore the preparation materials for Phase 2.
RBI Grade B Free Study Material for Phase 2
The RBI Grade B Phase 2 comprises three papers:
- Paper-I: Economic and Social Issues (ESI)
- Paper-II: English (Writing Skills)
- Paper-III: Finance and Management
The RBI Grade B study material for Phase 2 is given below:
RBI Grade B Free Study Material: Economic and Social Issues
In the RBI Grade B Phase 2 Exam, the Economic and Social Issues paper comprises 30 objective questions and 6 descriptive questions. You need to attempt 4 out of 6 descriptive questions. Both the objective and descriptive parts contain 50 marks each. Aspirants are given 30 minutes for objective questions and 90 minutes for descriptive answers.
Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the ESI paper.
| Economic and Social Issues Free Study Material | |||
| SNo. | Topic | Videos | PDFs |
| 1 | Important ESI MCQs | Watch Now | Download PDF |
In the above table, we have mentioned the free study materials covering the most important Economic and Social Issues topics.
RBI Grade B Free Study Material: English (Writing Skills)
In the RBI Grade B Phase 2 Exam, the English paper comprises 3 descriptive questions with a total of 100 marks. Aspirants are given 90 minutes for the paper.
Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the English paper.
| English Free Study Material | |||
| SNo. | Topic | Videos | PDFs |
| 1 | Essay Writing | Watch Now | Download PDF |
| 2 | Reading Comprehension | Watch Now | Download PDF |
| 3 | Precis | Watch Now | Download PDF |
In the above table, we have mentioned the free study materials covering all three components of descriptive English.
RBI Grade B Free Study Material: Finance and Management
In the RBI Grade B Phase 2 Exam, the Finance and Management paper comprises 30 objective questions and 6 descriptive questions. You need to attempt 4 out of 6 descriptive questions. Both the objective and descriptive parts contain 50 marks each. Aspirants are given 30 minutes for objective questions and 90 minutes for descriptive answers.
Here are the free RBI Grade B study materials that’ll help you enhance your preparation and excel in the Finance and Management paper.
| Finance and Management Free Study Material | |||
| SNo. | Topic | Videos | PDFs |
| 1 | Important Finance MCQs | Watch Now | Download PDF |
| 2 | Important Management MCQs | Watch Now | Download PDF |
In the above table, we have mentioned the free study materials covering the most important Finance and Management topics.
EduTap RBI Grade B Free Study Material
EduTap offers a free starter pack for the RBI Grade B exam. It is a comprehensive resource designed by experienced educators to help aspirants prepare effectively. It includes subject-wise video lectures, notes, mock tests, and more.
This 15-day FREE Starter Pack gives you a taste of what RBI Grade B preparation is all about. Over a period of 15 days, we’ll take you, one day at a time, on an interesting journey of why RBI is one of the most sought-after organizations to work for, what is the pattern eligibility and syllabus of this examination, how tough it really is to crack this exam and so on. This 15-day free course also includes descriptive content for ESI and Finance as per the new pattern announced in 2021.
Click here to access the RBI Grade B FREE Starter Pack by EduTap.
Other Free RBI Grade B Study Material by EduTap
YouTube: EduTap – Regulatory Bodies Examinations
Telegram Channel: EduTap – RBI | NABARD | SEBI | PFRDA | EPFO
Now that you have access to the free RBI Grade B study material, it’s time to take a look at the best books for exam preparation.
RBI Grade B Study Material: Important Books
In order to crack the RBI Grade B exam, selecting the right books can be your trusted companion. Written by experts, these books offer in-depth knowledge of the important topics. Moreover, many of these books provide exercises, practice sets, and previous year question papers for effective self-assessment and improvement. Here are the best books for RBI Grade B Phases 1 and 2:
RBI Grade B Study Material: Important Books for Phase 1
The section-wise RBI Grade B booklist for Phase 1 is given below:
Quantitative Aptitude Books
| RBI Grade B Quantitative Aptitude Books for Phase 1 | |||
| Books | Author | Publisher | Buy Here |
| How to Prepare for Quantitative Aptitude for CAT | Arun Sharma | McGraw Hill Edge | Buy Online |
| Quantitative Aptitude for Competitive Examinations | R.S. Agarwal | Oswal Publishers | Buy Online |
Important Note: Aspirants must understand the concepts and master shortcut tricks for solving questions.
Reasoning Ability Books
| RBI Grade B Reasoning Ability Books for Phase 1 | |||
| Books | Author | Publisher | Buy Here |
| A Modern Approach to Verbal and Non-Verbal Reasoning | R.S. Agarwal | S Chand | Buy Online |
| Analytical Reasoning | M.K. Pandey | Bsc Publishing Co. Pvt. Ltd | Buy Online |
Important Note: Candidates must solve previous years’ question papers, mock tests, and exercise questions to evaluate themselves.
English Language Books
| RBI Grade B English Language Books for Phase 1 | |||
| Books | Author | Publisher | Buy Here |
| Objective General English | S.P. Bakshi | Arihant Publications | Buy Online |
| Word Power Made Simple | Norman Lewis | Penguin India | Buy Online |
Important Note: Candidates must read the newspaper regularly to improve their vocabulary and stay updated on current affairs.
General Awareness Books
| RBI Grade B General Awareness Books for Phase 1 | |||
| Books | Author | Publisher | Buy Here |
| Banking Awareness for SBI and IBPS Bank Clerk/PO/RBI Exams/RRB | – | Disha Publication | Buy Online |
| Banking Awareness | – | Arihant Publication | Buy Online |
Other RBI Grade B GA Preparation Material
- Static GK: The Hindu ePaper
- Reports: The Hindu ePaper
- Schemes: Press Information Bureau Government of India
- Finance Current Affairs: Livemint
- ESI Current Affairs: The Hindu ePaper
- RBI Notifications: RBI Website
Please Note: These recommended sources contain conceptual-based information; however, RBI Grade B questions are usually based on factual information. Candidates must add the above-mentioned supplements to their preparation to cover this gap.
Watch the video explaining the RBI Grade B booklist for Phase 1 in detail.
RBI Grade B Study Material: Important Books for Phase 2
The section-wise RBI Grade B booklist for Phase 2 is given below:
Finance Books
| RBI Grade B Finance Books for Phase 2 | |||
| Books | Author | Publisher | Buy Here |
| Principles of Practices of Banking | Macmillan Education | Macmillan Publishers India Pvt. Ltd. | Buy Online |
| Bank Financial Management | IIBF (Indian Institute of Banking and Finance) | Macmillan Publishers India Pvt. Ltd. | Buy Online |
| Financial Management | R.P. Rustagi | Taxmann Publications Private Limited | Buy Online |
Other RBI Grade B Finance Preparation Material
Management Books
| RBI Grade B Management Books for Phase 2 | |||
| Books | Author | Publisher | Buy Here |
| Principles and Practice of Management | L.M. Prasad | Sultan Chand & Sons | Buy Online |
| Organizational Behaviour | L.M. Prasad | Sultan Chand & Sons | Buy Online |
| Business Ethics and Corporate Governance | B.N Ghosh | McGraw Hill Education | Buy Online |
Other RBI Grade B Management Preparation Material
Important Note: No current affairs are asked in the exam from the management section, so the above-mentioned RBI Grade B management books are sufficient for preparation.
Economics Books
| RBI Grade B Economics Books for Phase 2 | |||
| Books | Author | Publisher | Buy Here |
| Indian Economy | Ramesh Singh | McGraw Hill | Buy Online |
| Indian Economy | V.K. Puri, S.K. Misra, Bharat Garg | Himalaya Publishing House | Buy Online |
Other RBI Grade B Economics Preparation Material
Social Books
| RBI Grade B Social Books for Phase 2 | |||
| Books | Author | Publisher | Buy Here |
| Social Problems in India | Ram Ahuja | Rawat | Buy Online |
| Sociology: Principles Of Sociology With An Introduction To Social Thoughts | C.N. Shankar Rao | S Chand | Buy Online |
Other RBI Grade B Social Preparation Material
For current affairs:
- Reports: The Hindu ePaper
- Schemes: Press Information Bureau Government of India
- ESI Current Affairs: The Hindu ePaper
Watch the video explaining the RBI Grade B booklist for Phase 2 in detail.
Now that you have understood the important RBI Grade B books and other resources, let’s understand the best strategy to crack the RBI Grade B exam.
How to Prepare for RBI Grade B
Preparing for the RBI Grade B exam requires a structured and strategic approach. To help you through this journey, we’ve crafted a detailed 7-month plan that you can tailor to align with your specific strengths, weaknesses, and the time at your disposal.
Firstly, break down the syllabus and exam pattern. Understand what each phase requires, the number of subjects, their topics, and their weightage. Also, go through the PYQs of at least the past 3 years to identify your strong areas, consolidate them, and recognize your weaker zones to allocate extra focus.
Lastly, be flexible in your approach. Adjust your plan accordingly if you find a particular subject or topic demanding more time. The key is consistent effort, focus, and adaptability to prepare for this exam effectively.
Here is the 7-Months RBI Grade B manager preparation strategy:
| 7-Months RBI Grade B Manager Preparation Strategy | |||||
| SNo. | Week 1 to 5 | Week 6 to 16 | Week 17 to 21 | Week 22 to 27 | Week 28 to 35 |
| 1 | Management | Finance | ESI | Current Affairs | Current Affairs |
| 2 | Reasoning | Quant | Descriptive English (DE) | English | Phase 1 Mock Tests |
| 3 | Management Answer Writing | Finance Answer Writing | ESI Answer Writing | Revise QRE | Revise QRE and CA |
| 4 | Revise Management | Revise Finance | Write one answer daily | Phase 2 Mock Test | |
Important Note:
- This study plan requires 4 hours daily (Monday to Saturday). Keep Sunday for weekly revisions.
Week 1 to 5
1. Management
- Dedicate at least 2.5 hours daily to management.
- You should read all the chapters on management multiple times to score good marks, i.e., 45 out of 50. However, if time is constrained make sure to cover the important topics, also, you can skip videos.
- Focus on understanding the concepts as the pattern of the questions is not bookish but rather application-based.
- Practice lots of MCQs.
2. Reasoning
- While preparing for reasoning, keep in mind that it is qualifying in nature.
- Dedicate at least 1.5 hours daily to reasoning.
- Your priority should be Syllogism, Ranking, Coding-Decoding, Alpha-Numeric Series, Blood Relations, Input-Output, Directions, and Inequality.
- Second priority should be given to Puzzles and Seating Arrangements.
- Do limited chapters, but do them well.
3. Management Answer Writing
- Start with writing small answers, taking 20 minutes a day.
- Write 2-3 answers per chapter.
Week 6 to 16
1. Finance
- Dedicate at least 2+ hours daily to finance.
- First, cover important topics from your syllabus thoroughly, then focus on numericals, as there were no numericals in the 2023 exam.
- Secondly, as per the official syllabus, the topics mainly revolve around general finance rather than core finance. Prioritize grasping the concepts and understanding them deeply.
2. Quant
- Dedicate at least 1.5 hours daily for quant.
- Similar to reasoning, quant is also qualifying in nature.
- Priority shall be given to Time and Work, Series, Quadratic Equations, Ratios/Proportions, Time and Distance, Boat and Stream, Percentages, and Averages.
- Do not leave the other topics and give them a thorough read.
- Do limited chapters, but do them well.
3. Finance Answer Writing
- Questions in finance descriptive are current affairs-based.
- Read editorials in LiveMint.
- Read reports such as RBI Annual Report, Report in Trend and Progress of Banking in India, Report on Currency and Finance, etc.
4. Revise Management
- Invest 15 to 25 minutes daily on the revision for management.
Week 17 to 21
1. ESI
- Dedicate at least 2.5 hours daily for ESI.
- 75% of questions were asked from current affairs and 25% from static. So, focus on the current section but also cover the static part.
- Cover important topics for ESI objective.
2. ESI Answer Writing
- Mixed questions were asked from both static and current.
- Static questions were quite straightforward. You can quickly answer those questions if you have a stronghold of static ESI.
- Current questions were quite challenging, so it is highly recommended to read editorials from Hindu.
- Read reports such as the World Development Report and Report on Currency and Finance, as questions were asked from these reports.
- Read material sourced from RBI and BIS websites.
3. Descriptive English (DE)
- Don’t assume you can still write an essay or precis just because you have done it in the 10th or 12th class. Now, the competition is high, and you need to learn the basics, rules, and structures of writing an essay, precis, and comprehension.
- Read plenty of Editorials from both financial and non-financial newspapers.
- Write (type) in notepad whatever you can read after 3 days in your own words, either as an essay or precis.
- Check your grammatical mistakes using Grammarly.com.
4. Revise Finance
- Invest 15 to 25 minutes daily on the revision for finance.
Week 22 to 27
1. Current Affairs
- Common mistakes to avoid in current affairs
- Reading newspapers for covering current affairs (read-only editorial section)
- Avoiding revisions (make sure you revise daily)
- Not mapping current affairs to the syllabus of Phase 2
- 4 Pillars of Current Affairs
You must cover the below-mentioned 4 pillars of the past 3-5 months for Phase 1 and the past 6-8 months for Phase 2:
- RBI Notification
- Government Schemes
- Reports and Indices
- ESI, Finance, and GA Current Affairs
2. English
- Learning English is a time-consuming process. If you have enough time, you can go for grammar and rules. However, the best way to learn English is through reverse engineering. So, focus on mock tests to identify the types of questions and learn how to approach them.
3. Revise QRE
- Invest 15 to 25 minutes daily on the revision for QRE.
4. Start Answer Writing
- In Phase 2, 200 out of 300 marks are answer writing, and you need to develop that skill, so practice answer writing daily.
Week 28 to 35
1. New Current Affairs
- Cover new current affairs.
2. Phase 1 Mock Test
- Start doing mock tests for phase 1 and cover as many mock tests as possible.
3. Revise QRE and CA
- Invest 15 to 25 minutes daily on the revision for QRE and CA of Phase 1.
4. Phase 2 Mock Test
- Start doing mock tests for phase 2 and cover 2-3 mock tests just to build a base for phase 2.
General Tips:
- Adjust the above timetable to suit your specific needs.
- Take short breaks (5-10 minutes) between sessions.
- Review your performance, identify your weak areas, and dedicate more time to them.
Conclusion
The right study material is key to RBI Grade B exam success. It acts as a compass, guiding you through the vast syllabus and helping you focus on crucial topics. Comprehensive books, insightful notes, informational videos, and realistic mock tests contribute to a well-rounded exam preparation.
Remember, quality study material not only enhances your understanding but also fine-tunes your approach. It ultimately moves you closer to becoming an RBI Grade B officer.
FAQs
Yes, online mock tests are a crucial part of RBI Grade B preparation as they simulate the actual exam environment and help evaluate your performance.
Yes, coaching institutes provide structured study material, expert guidance, and regular mock tests that can significantly enhance your preparation.
It depends on individual performance and approach.
a. Self-study might be sufficient if you excel in mock tests and consistently achieve high scores through free online materials.
b. On the other hand, if mock test performance is lacking, enrolling in a coaching institute could significantly benefit your preparation. These institutes offer structured study plans and invaluable guidance from experienced mentors, potentially elevating your preparation to the next level.
Ultimately, the decision should align with your performance, learning style, and confidence in achieving your desired RBI Grade B exam score.
Organize your study material subject-wise, making it easy to access and review. Use dividers, labels, and digital folders for better organization.
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