Management for RBI Grade B, Notes, Free Material and Tests

Management is one of the core components of the RBI Grade B Phase 2 exam. To excel in the RBI Grade B management subject, it is essential to understand the management concepts, get a hold of RBI Grade B management previous year’s questions and focus on important topics. 

Below, we will delve into these aspects and help you prepare for the management section of the RBI Grade B Phase 2 exam effectively.

But first, let’s briefly review the RBI Grade B exam pattern to understand the weightage of the management section.

RBI Grade B Pattern

RBI Grade B exam consists of:

• Phase 1
• Phase 2
• Interview

Out of these 3 stages, management is an exclusive part of Paper 3 of the RBI Grade B Phase 2 exam.

Details of RBI Grade B Management

• Total Questions: 
  • 30 objective questions (Finance + Management).
  • 6 descriptive questions (3 questions each from finance and management) out of which 4 are to be attempted.
• Marks:
  • Each objective question is worth 1 mark.
  • There are two 15 marker descriptive questions from management.
  • There is one 10 marker descriptive question from management.
• Time:
  • You have 30 minutes to complete the objective section and 90 minutes to complete the descriptive section.
  • There is no sectional timing.
• Negative Marking:
  • There’s a 1/4th (0.25 marks) penalty for each incorrect objective answer. 
  • No negative marking for the descriptive answers. 

RBI Grade B Management Syllabus

Here is the detailed RBI Grade B management syllabus:

• Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory. 

• Meaning & Concept of Organizational Behaviour; Personality: meaning, factors affecting personality, Big Five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory). 

• Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).

• Ethics at the Workplace and Corporate Governance: Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, an alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.

• Corporate Governance: Factors Affecting Corporate Governance; Mechanisms of Corporate Governance 

• Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.

Important Topics of Management for RBI Grade B

We have analyzed the previous years’ questions (PYQs) to identify the important topics of management for RBI Grade B:

Based on the above analysis, here are the most, moderately, and least important topics of management for the RBI Grade B exam:

Most Important Topics of Management (Objective) for RBI Grade B

• Motivation 
• Communication 
• Leadership 
• General Management 
• Ethics

Moderately Important Topics of Management (Objective) for RBI Grade B

• Fundamentals of Organizational Behavior 
• Conflicts 
• Personality and Perception
• Emotional Intelligence and Interpersonal Behavior
• Organizational Change and Reinforcement
• Corporate Governance

Least Important Topics of Management (Objective) for RBI Grade B

• None

Most Important Topics of Management (Descriptive) for RBI Grade B

• Motivation 
• Leadership 
• Personality and Perception
• General Management 
• Ethics 
• Corporate Governance

Moderately Important Topics of Management (Descriptive) for RBI Grade B

• Fundamentals of Organizational Behavior 
• Conflicts 
• Communication 
• Emotional Intelligence and Interpersonal Behavior
• Organizational Change and Reinforcement

Least Important Topics of Management (Descriptive) for RBI Grade B

• None

Best Management Books for RBI Grade B

Here are the best books and resources to prepare for the management section of the RBI Grade B Phase 2 exam.

RBI Grade B Management Previous Year Questions

Here are the topic-wise RBI Grade B management PYQs:

Free Material of Management for RBI Grade B

Here are the topic-wise RBI Grade B management concepts:

Practice Questions of Management for RBI Grade B

After understanding the concepts of each management topic, it’s crucial to practice a wide range of exam-level questions to:

• Reinforce your conceptual understanding.
• Gain exposure to diverse question types.
• Identify areas for improvement.
• Develop time management strategies.
• Enhance your problem-solving skills.
• Boost your confidence for the actual exam.

Here are the topic-wise RBI Grade B management practice questions:

Conclusion

We hope this information will help you get a complete picture of the management section of the RBI Grade B Phase 2 exam. By understanding the pattern, identifying key Management topics, learning concepts, and practicing exam-level questions, you can effectively prepare for this crucial section. Once you’ve mastered management, let’s move on to the other subjects of the RBI Grade B Phase 2 exam—Finance, Economic and Social Issues, and Descriptive English.