RBI Grade B 2014 - (Phase 2)

Hi guys.. since most of you all are preparing for upsc as well 😃 and the UPSC group on pg is not at all active, :P I need a small clarification.

How many months of current affairs knowledge is sufficient for mains ? Jan 2014 to Nov 2014 would suffice or 2013 latter half also needs to be done Ā ? Thanks in advance :)Ā 

Q: Whys is deflation or near zero inflation so bad?

Dear all group members,

I have a query on biodata for interview of Gr B as i am working in The new india Assurance as Administrative office and now Q follows as

1. Why do you want to leave The Newindia Assurance (Insurance Sector) and join RBI ( banking Sector)

2. How will you contribute of your experience of insurance to RBI

I exhort to help me

L

interview date - 27 nov 2014

the very first question by the chairman of the panel - You have done Btech, Mtech why do u want to join RBI?

Ans - decided to prepare for govt jobs right after the grad..but enrolled in Mtech coz didnt felt it thoughtful to sit idle and just prepare for competition..

the why in the field of economics and finance??

Ans - Ā those days are gone when a less developed economy could subjugate another merely on the basis of its defence sector's strength..now is the era of economics...a country is revered globally on the basis of its economic might..

then i gave the example of north korea...high spending on defence but people dont know how to operate an ATM..

Chairman gave me 2 counter examples - Russia and China...couldnt counter him ..and then topic was changed

Chairman started the debate of socialism and communism...which one is better..asked when socialist term was added to preamble..thnx to UPSC prepn 42nd Amd Act 1976...then he asked another term which was added..couldnt recall..

another member then came to my rescue..he asked the chairman to change the topic...then the chairman asked a few questions on simple economics - why should we promote economic devt and all..n

another member asked about India being underbanked overbanked or what and why?

how many bank branches in India (asked for approx no.)

another member asked about financial inclusion, business correspondents, business facilitators..answered all but business facilitators..

lady member asked about notification regarding the notes prior to 2005 not to be henceforth valid..reason and why..told her to prevent money laundering,...what is money laundering??

thats it..20-25 mins

Hi, all. Is there any institute in hyd for RBI mock interviews????

What has been the overall cutoff for the exam(Mains+Interview), category wise, in last 3 years?

Hi all.. I have got selected as SBI PO.. Date of joining is 29 Dec.. And my Grade B Interview is in Jan 2015.. Should I produce an NOC from SBI at the time of interview if I join now? Plz advise..Ā 

Interview Experience

Profile

MBA from IIFT Delhi

Experience of MMTC(1.5 years), SBI and Entrepreneurship for (3 years)

3rd Dec Delhi (Total 6 panel members)

1. Where did you learn Marathi from. Next 5 mins of interview went on Marathi only like Grammar and script and all

2. Why Left SBI . It was a good career opportunity for you: Answer :Ā  I Left it for higher studies.

3. Why Leaving MMTC , it is in line with your IIFT academics. Explained telling abt interest in banking sector and how I can use my experience in RBI

4. Balance of Payments, Deemed Exports , Duty Drawback Arbitrage and CASA. Was grilled on Deemed exports and Arbitrage

5. What was your role during your 4 months short stay in SBI

6. What else did you do in Pune (I was posted in Pune main branch of SBI) Why Pune is famous: Told about IT, Automobile, Education industry, NDA ,

7. Asked about my experience as an entrepreneur. major learning and reason for closing it down.

That's it.

Mixed feeling about itĀ  as I got confused in some of the technical questions.

All the best guys.


Guys, if anyone has interview in Jan/Feb & also wants to prepare MacroEconomics as a subject or "area of Ā interest" then do study on the following MacroEconomic Theories:

1. Adam Smith's "classical theory" - Pre 1929.

2. Keynesian Theory (By Maynard Keynes) - 1933 to 1970

3. Monetarism (Milton Friedman) - RBI has followed this for good 50 yrs for moneys stock targeting.

4. Neo Classical - Late 70s

5. New Keynesian approach.

If you guys can, do add whatever is left to the above list. Since I am not from Eco background some Eco guy can add to the list.Lets discuss these one by one in different posts :)Ā 

Guys is the facebook groupĀ RBI Grade B officer Interview Shortlist

active??

guys is there any scope for freshers in rbi grade b i have attempted RBI GradeB Exam for the first time and got selected for the interviewĀ 

I have my interview on 11th Feb in chandigarh. .my profile...BE EC experience wipro tech 16 months, Ā Gramin bank 5years working as officer scale ii........Please advise as to what shall I focus on for interview.......Thanks puys

IT's more or less similar to phase ii strategy barring few extra things where I am concentrating on

Biodata stuff

Extensive news paper reading

Relevant reports and evolving policy matters and challenges in banking and finance.......

Hello friends. Is there any good group on facebook for preparing for RBI grade B? Please help me as I am really want to be a grade b officer.

Hello Friends,Ā 

I am given to believe that RBI would b initiating with a change in pattern for recruitment of RBI Grade B - 2015. Would it mean that they will change the whole syllabus of phase - II exam.

What will be the approximate date of results? and when will the last interview be held?

How Does high fiscal deficit lead to inflation? Please elaborate

Hi I plan to appear for RBI Grade B in 2015 (assuming the exam takes place). Currently i am working in IDBI bank. Since its a Phase II thread, can someone please give me a few tips to crack Phase I. I am from Econ background (Which topics to read?). Thanks

What was the avg marks scored last year in the interview?

Guys how many institutes conduct mock Interviews for RBI in Delhi. I know of Kalinga, but the guy there is a douchebag. Any IAS institutes that you may know of, or other good institutes?