RBI Grade B 2024 Exam Books: Check Best Books for Phase I and II exams

Reserve Bank of India Grade B Exam 2024 ( RBI Grade B Exam )

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Anangsha Patra

Anangsha PatraDeputy Manager – Editorial

Updated on Aug 22, 2024 18:32 IST

RBI Grade B Books 2024: Good books for RBI Grade B are a boon for exam preparation. Reserve Bank of India (RBI) prescribes books for the RBI Grade B 2024 exam. As the exam is one of the popular banking exams in the country, therefore, there is no dearth of the best books. However, choosing the best books can be a big task for the candidates. Most of the candidates get confused regarding which books to buy and which not.

Candidates should always prepare to choose books that have covered the prescribed syllabus and contain practice papers for the RBI Grade B exam. To make things easy for candidates, we have compiled a list of RBI Grade B books for different phases of exams and subjects.

Q:   Which RBI Grade B books are the best for English?

A:

Candidates for English can refer to Word Power Made Easy Norman Lewis, Objective General English by SP Bakshi, High School Grammar and Composition by Wren and Martin. To ace the English section, candidates should improve their grammar and vocabulary by reading good books and newspapers. The tips and tricks to prepare for RBI Grade B English Language section are given below:

  • Candidates must understand the exam format including the types of questions that are asked in the exam and time allotted for each section
  • Candidates must practice reading comprehension by reading variety of texts such as newspapers, magazines, and books
  • Candidates must brush up grammar skills by reviewing the basics of sentence structure, verb tenses, and punctuation
  • Candidates must practice writing essays, summaries, etc.
  • Candidates must take mock tests to know the type of questions asked in the exam and difficulty level
  • Candidates must learn the time management skills by solving mock tests
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Q:   Which books are the best for RBI Grade B Quantitative Aptitude preparation?

A:

For the Quantitative Aptitude section in the RBI Grade B exam, candidates can refer to Magical Book on Quicker Maths by M Tyra, How to Prepare for Quantitative Aptitude for CAT written by Arun Sharma, Quantitative Aptitude for Competitive Examinations written by R S Agarwal. The important topics for RBI Grade B Quant section are Number Series, Data Intrepretation, Quadratic Equation, Miscellaneous Questions (Profit Loss, Average, SI & CI, Ratio & Proportion, Time & Work, Time, Speed & Distance, Boats & Streams, etc. ), Data Sufficiency. The tips and tricks to prepare for RBI Grade B exam are given below:

  • Candidates must review the basics of topics such as Algebra, Geometry, Trigonometry, and Calculus
  • Candidates must practice the Quantitative Aptitude section to improve the understanding of the subject 
  • Candidates must focus on the important topics such as probability, statistics, and numerical analysis
  • Candidates must refer to good books for RBI Grade B preparation
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Q:   Which books can I refer to for RBI Grade B Reasoning?

A:

Candidates for the Reasoning section of RBI Grade B can refer to Verbal and Non-Verbal Reasoning by RS Aggarwal, Analytical Reasoning by MK Pandey. Questions in section are asked from Syllogism, Seating Arrangement, Linear Arrangement, Puzzle, Input-Output, Logical / Analytical Reasoning, Data Sufficiency, Inequality, Coding-Decoding, Miscellaneous Questions, etc. The tips and tricks to prepare for RBI Grade B Reasoning are given below:

  • The easiest way to solve Syllogism questions is through Venn-diagrams
  • Use diagrammatic representation to solve Blood Relation questions
  • Speed and accuracy play a very important role. Hence, revise well and give sectional mocks
  • Give one-two hours daily for Reasoning preparation

 

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RBI Grade B Books for Phase-I

Phase-I exam of RBI Grade B 2024 for General Post consists of four sections: General Awareness, English Language, Quantitative Aptitude, and Reasoning. The total marks of the test are 200. The Phase-I exam for DEPR and DSIM comprises questions from Economics and Statistics, respectively. RBI Grade B books for Phase I are given below.

Subjects Best books for RBI Grade B

Logical Reasoning

  • Verbal and Non-Verbal Reasoning by R S Aggarwal
  • Analytical Reasoning by M K Pandey

English Language

  • Word Power Made Simple by Norman Lewis
  • Objective General English by S P Bakshi
  • High School Grammar and Composition by Wren and Martin

Quantitative Aptitude

  • Magical Book on Quicker Maths by M Tyra
  • How to Prepare for Quantitative Aptitude for CAT written by Arun Sharma
  • Quantitative Aptitude for Competitive Examinations written by R S Agarwal

Banking Awareness

  • Banking Awareness by Arihant Experts
  • Banking Awareness for SBI and IBPS Bank Clerk/PO/RBI Exams/RRB by Disha Expert

Related Link: RBI Grade B 2024 Exam Pattern

Q:   Which are the good books for RBI Grade B books for Economic and Social Issues?

A:
RBI Grade B books for Economic and Social Issues have been prescribed by the examination authority. RBI Grade B books for Economic and Social Issues are Indian Economy: Uma Kapila (Series of Books), Indian Economy: Mishra Puri. (the latest Edition), Growth And Development: Devraj Ray, etc.
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Q:   Which books to refer to for RBI Grade B Finance and Management?

A:
Candidates for this subject should refer to An introduction to Economics by A W Stonier and DC Huge, Monetary Theory and Public Policy-Kenneth Kurihara, Indian Economy by Mishra and Puri, Indian Economy by R Dutt and KPM Sundaram, etc.
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Q:   Which books are best for RBI Grade B Banking Awareness?

A:
For the Banking Awareness section in the RBI Grade B exam, candidates can refer to Banking Awareness by Arihant Experts, Banking Awareness for SBI and IBPS Bank Clerk/PO/RBI Exams/RRB by Odisha Expert. Questions are asked from Banking & Financial, Economic News, Banking Terminology, Recent RBI News like Monetary policies, Important guidelines, Financial & Economics News, Economics terms, etc. Current Affairs both national and international, sports, awards, summits & conferences, schemes, agreement & deals, etc. Static GK like Parks, Dam, Thermal Power Plants, Mountains, Temples, Stadiums, Airports, etc.
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RBI Grade B Books for Phase II

The Phase-II online examination of Officer Grade B General Post, DEPR and DSIM comprises three papers. RBI Grade B Phase II syllabus for Gr (B)-General post was revised. Several new topics have been included in the syllabus for Paper-I and III. RBI prescribes books for the Phase-II exam. The list of books prescribed by RBI are given below:

RBI Grade B Books for Economic and Social Issues

Indian Economy

  • Uma Kapila (series of books)
  • Mishra & Puri (Latest Edition) 

Also Read: UGC NET 2024 Exam

Growth and Development: Devraj Ray

Sociology: C.N. Shankar Rao

Public Finance: K K Andley and Sundaram 

  • Candidates can refer to the newspapers 
  • Magazines/Periodicals/ Bulletins including RBI Bulletins, EPW
  • World Development Report 
  • Economic Survey of India
  • RBI Annual Report
  • Report on Trend and Progress of Banking in India
  • IMF: World Economic Outlook
  • Material sourced from RBI website

Also Read: RBI Grade B Exam Analysis 

RBI Grade B Books for English

  • Objective English by Edgar Thorpe
  • Objective General English by RS Aggarwal, Vikas Aggarwal
  • Word Power Made Easy by Norman Lewis

RBI Grade B Books for Finance and Management

Finance

  • Monetary Theory and Public Policy by Kenneth Kurihara
  • Indian Economy by Mishra & Puri
  • Economic Growth and Development by Mayer and Baldwin
  • Financial Management by Prasanna Chandra
  • Major financial newspapers
  • International business by Hill and Jain
  • RBI Annual Report, Report on Trend and Progress of Banking in India, etc.
  • Economic Survey
  • Material sourced from RBI website

Also Read: IBPS exam

Management

  • Stephen P Robbins & Mary Coulter, Management
  • Robbins Stephen P and Judge T A Vohra, Organisational Behaviour
  • Dessler Gary, Warkkey Biju- Human Resource Management
  • Decenzo and Robbins-Fundamentals of Human Resource Management
  • Velasquez Manuel G: Business Ethics-Concepts and Cases.
  • Fernando A C: Business Ethics-An Indian Perspective.
  • Crane Andrew & Matten Dirk: Business Ethics
  • Ghosh B N: Business Ethics & Corporate Governance 

RBI Grade B books for Finance Management

The best RBI Grade B books for Finance Management section are mentioned below. The candidates preparing for the RBI Grade B exam ca consider these books for the preparation of the exam:

  • An introduction to Economics: A. W. Stonier and D. C. Hauge
  • Monetary Theory and Public Policy: Kenneth Kurihara
  • Indian Economy: Mishra and Puri
  • Indian Economy: R. Dutt and K. P. M. Sundaram
  • Economic Growth and Development: Mayer and Baldwin
  • Public Finance: K. K. Andley and Sundaram
  • Financial Management: Prasanna Chandra

RBI Grade B Books for DEP/DSIM

Candidates must read RBI publications such as Annual Report, Report on Trend and Progress of Banking in India, Monetary Policy Report and the Financial Stability Report, and the Economic Survey published by the Government of India over the previous two years.

Also Read: IBPS Exam Notification

Q:   Which are the best books for RBI Grade B Phase 2?

A:

The best books for RBI Grade B Phase 2 are given below:

Book Name

Author/Publisher

Indian Economy

Uma Kapila

Indian Economy

Mishra Puri

Growth And Development

Devraj Ray

Sociology

C.N. Shankar Rao

An introduction to Economics

A W Stonier and DC Hauge

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Q:   Is RBI Grade B Phase 2 computer based?

A:

RBI Grade B Phase 2 exam is conducted in computer based mode. Paper I and III comprise both objective and descriptive type questions, while Paper II is completely a descriptive test. The duration of Paper I and III is 120 minutes (30 minutes for the objective test and 90 minutes for the descriptive test) while Paper-II is held for 90 minutes. The total marks allotted to the paper are 300. Candidates opting to type the answers in Hindi may do so with the help of either Inscript or Remington (GAIL) keyboards layout. Candidates need to type the answers using keyboard. 

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RBI Grade B Preparation Tips 2024

Check below RBI Grade B Preparation Tips:

  • The English Language section comprises topics from comprehension, errors, para jumbles, antonyms, and synonyms. Candidates must thoroughly brush up their vocabulary by reading the newspaper
  • For Reasoning, candidates can solve previous years' question papers, mock tests, puzzles, etc.
  • For the Quantitative Aptitude section, candidates must learn the shortcut tricks of solving questions
  • To sharpen their General Awareness skills, candidates must read newspapers and magazines

Also Read: IBPS Exam Syllabus 

Q:   What is RBI Grade B exam pattern?

A:

RBI Grade B exam pattern is such that it is divided into Phase I, II, and Interview. The Phase 1 comprises subjects such as General Awareness, English Language, Quantitative Aptitude and Reasoning. The total marks allotted to the exam are 200. The duration of the test is 120 minutes. The language of the question paper is English and Hindi. Phase II comprises Paper-I: Economic and Social Issues, Paper-II: English (Writing Skills) and Paper-III: Finance and Management. The Phase 2 exam carries 300 marks. The duration of Paper I and III are 120 minutes (30 minutes for the objective test and 90 minutes for the descriptive test) while Paper-II is held for 90 minutes. All papers of Phase II, except the English Language, are set in English and Hindi. The interview carries 75 marks.

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Q:   Can I prepare for the RBI Grade B exam without coaching?

A:
Yes, candidates can prepare for the RBI Grade B exam without coaching. However, that will require dedication and hard work. Candidates should be thorough with the syllabus and exam pattern. They should also practice previous years' question papers and attempt mock tests. RBI Grade B aspirants should study three to four hours every day to cover the topics given in the syllabus. Candidates must have a proper study plan for each subject and should devote equal time to stronger and weaker sections.
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Q:   What should I study for RBI Grade B?

A:
The Phase I exam of RBI Grade B comprises questions divided into four subjects- General Awareness, English Language, Quantitative Aptitude and Reasoning. The Phase II exam for General post comprises three papers-Economic and Social Issues, English (Writing Skills) and Finance and Management. The Phase II exam for DEPR comprises three papers-Paper I: Objective Type (on Economics), Paper-II Descriptive Type (on Economics) (Question paper displayed on the computer, answers to be written on paper) and Paper-III: English-Descriptive (To be typed with help of keyboard). The Phase II exam for DSIM comprises three papers-Paper I: Objective Type (on Economics), Paper-II Descriptive Type (on Statistics (Question paper displayed on the computer, answers to be written on paper) and Paper-III: English-Descriptive (To be typed with help of keyboard).. .
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Q:   How can I prepare for RBI grade B officers exam?

A:
The Reserve Bank of India conducts examinations for recruitment to various posts in the RBI. The Reserve Bank of India RBI is India's central bank that regulates the entire banking in India. The bank plays an important part in the development strategy of the government of India. The central bank has 30 offices in the state capitals. Every year, RBI conducts examinations for recruitment to various posts. The two most popular exams conducted by the apex bank are RBI Grade B and RBI Assistant. You will be notified as and when it will be out. A job in RBI is considered to be highly prestigious. As a result, many candidates apply for the various exams conducted by the bank. The salary, perks, facilities, work environment, profile and career opportunities offered to the recruited officers are good as compared to other organisations. This requires deep and complete knowledge of the syllabus. How to prepare subjects in a lucid and comprehensive manner, where to focus, what to study, and time management to clear your exam to achieve your dream job.
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RBI Grade B Syllabus 2024

RBI Grade B syllabus for General post comprises four sections in the prelims exam and three sections in the mains exam. The interview does not have any fixed syllabus. RBI Grade B prelims syllabus comprises topics from General Awareness, Quantitative Aptitude, English Language and Reasoning. RBI Grade B mains syllabus carries topics from Paper 1 (Economic & Social Issues), Paper 2 Engish (Writing Skills) and Paper 3 (Finance & Management). Candidates should be thorough with the syllabus to know the important topics for the exam. The important topics for RBI Grade B 2024 exam are given below:

English Language: The important topics are- Error Spotting, Sentence Rearrangement, and Grammatical Error questions.

Reasoning: Seating Arrangement, Blood Relations, Coding-Decoding, and Syllogism.

Quantitative Aptitude: Data interpretation, simplification, and number series.

RBI Grade B Syllabus: Click Here 

Read More:

RBI Assistant Books SBI PO Books SBI Clerk Books
IBPS PO Books IBPS Clerk Books IBPS RRB Books

Q:   What is the level of RBI Grade B syllabus?

A:

The standard of RBI Grade B syllabus is of the Graduation and Postgraduation levels. RBI Grade B syllabus for Phase 1 comprises subjects such as General Awareness, Reasoning, English Language and Quantitative Aptitude. RBI Grade B Phase 2 syllabus comprises topics such as Paper-I: Economic and Social Issues, Paper-II: English and Paper-III: Finance and Management. Candidates qualifying the Phase 1 exam of RBI Grade B are called for Phase 2 exam. Those who qualify the Phase 2 exam are called for psychometric test and interview. The psychometric test is qualifying in nature. The marks secured in the interview are taken into consideration for the final merit list preparation.

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Q:   What is RBI Grade B Syllabus?

A:

RBI Grade B syllabus consists of four sections in prelims and three sections in the Mains exam. RBI Grade B syllabus for Phase 1 exam comprises General Awareness, Quantitative Aptitude English Language, and Reasoning. The Phase 2 exam consists of three papers where Paper 1 is Economic & Social Issues, Paper 2 is English (Writing Skills) and Paper 3 is Finance & Management. The total marks allotted to the phase 1 exam are 200. The Phase 2 exam carries a total of 300 marks. The total marks allotted to interview are 75. RBI Grade B syllabus for phase 1 exam is given below:

General Awareness

Banking & Financial, Economic News, Banking Terminology, Recent RBI News like Monetary policies, Important guidelines, Financial & Economics News, Economics terms, etc.

Current Affairs both national and international, sports, awards, summits & conferences, schemes, agreement & deals, etc.

Static GK like Parks, Dam, Thermal Power Plants, Mountains, Temples, Stadiums, Airports, etc.

English

Reading Comprehension

Cloze Test

Para jumbles

Spotting Error

Phrase Replacement / Error Spotting

Para Completion

Fill in the Blanks (Vocabulary)

 

Quant

Number Series

Data Interpretation (Missing DI, Pie Chart, Caselet DI, Mix DI)

Quadratic Equation

Miscellaneous Questions (Profit Loss, Average, SI & CI, Ratio & Proportion, Time & Work, Time, Speed & Distance, Boats & Streams, etc.)

Data Sufficiency

Reasoning

Syllogism

Seating Arrangement

Linear Arrangement

Puzzle

Input-Output

Logical / Analytical Reasoning

Data Sufficiency

Inequality

Coding-Decoding

Miscellaneous Questions

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Q:   Does RBI prescribes the syllabus for Grade B?

A:
Yes, RBI prescribes RBI Grade B syllabus. The syllabus is prescribed separately for Grade B Officers General post, DEPR, and DSIM. RBI Grade B syllabus is mentioned on the notification. The examination authority releases the syllabus so that candidates can know the topics they need to prepare for the exam. The benefits of knowing RBI Grade B syllabus are given below: RBI Grade B syllabus describes the topics and concepts to be covered while preparing for the exam RBI Grade B syllabus also mentions the weightage allotted to different units and chapters. Knowing which candidates can form a strategy on how to prepare for the exam RBI Grade B question papers are designed based on the syllabus. Practising the question papers candidates can know the type of questions asked in the exam as well as the distribution of marks Having a clear understanding of the RBI Grade B syllabus and the weightage of various sections will definitely help candidates to decide how much time they should dedicate to each section
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RBI Grade B Books 2024 FAQs

Candidates can check below FAQs related to RBI Grade B Books.

Q:   What is RBI Grade B selection process?

A:
RBI Grade B is one of the sought after banking exams in the country. Large number of candidates apply for the exam. The selection process of RBI Grade B comprises-prelims, Mains and interview. The prelims exam is qualifying in nature. The final selection is done based on the marks secured in the Mains exam and interview. Selected candidates are appointed to the post of Grade B Officers in various branches of RBI. The posts announced under RBI Grade B are Officers in Grade B (General),Officers in Grade B (Department of Economic and Policy Research), Officers in Grade B (Department of Statistics and Information Management).
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Some of the important highlights related to RBI Grade B exam pattern are given below.

Particulars 

Details 

Mode of exam 

Grade B (DR) for General

Phase I & II: Online 

Grade B (DR) for DEPR/DSIM

Paper I: Online 

Paper 2: Offline

Paper 3: Online

Test duration

Grade B (DR) for General

Phase I: 120 minutes 

Phase II

Paper I & III will be held for 120 minutes

Paper-II will be held for 90 minutes

DEPR/DSIM post

Paper 1: 120 minutes

Paper 2: 180 minutes

Paper 3: 90 minutes

Nature of questions

Grade B (DR) for General

Phase I: Objective type

Phase II: Descriptive and Objective Type

Grade B (DR) for DEPR/DSIM

Paper I: Objective type

Paper II & III: Descriptive Type 

Number of sections

Grade B (DR) for General 

Phase I: Four

Phase II: Paper 1, 2 & 3

Grade B (DR) for DEPR

Paper I: Objective type paper on Economics

Paper II: Descriptive Type paper on Economics (Question paper displayed on the computer, answers to be written on paper)

Paper III: Descriptive Type paper on English (To be typed with the help of keyboard)

Grade B (DR) for DSIM

Paper I: Objective type paper on Statistics

Paper II: Descriptive Type paper on Statistics (Question paper displayed on the computer, answers to be written on paper)

Paper III: Descriptive Type paper on English (To be typed with the help of keyboard)

Total marks

Grade B (DR) for General

Phase I: 200 marks 

Phase II (Paper 1, 2 and 3): 100 marks for each paper

Interview: 75 marks

Grade B (DR) for DEPR/DSIM

Paper I: 100 marks 

Paper II & III: 100 marks for each paper

Inteview: 75 marks

Marking of normal questions

1/4 marks will be deducted for wrong answers in objective type questions

Language of question paper 

English and Hindi 

Number of questions 

Grade B (DR) for General

Phase I: 200

Phase II

Paper I & III: 30 objective-type questions and six descriptive type questions

Paper-II: Three questions

Grade B (DR) for DEPR & DSIM

Paper I for DEPR: 62 

Paper I for DSIM: 20

Paper II & III: 

Economics/Statistics: 5

English (Writing Skills): 3

I

Indrani Thakur

Beginner-Level 3

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