Pls add me to the watsapp grp... 8019513254
hi frnds..this info might be useful to all...kindly go through it
( Madhav Joshi, All India Rank 1, RBI Grade B Officer 2013. Do not send
him friend requests and messages as there were 100s of messages already
in his inbox...following strategy of Madhav Joshi will answer most of
your questions)
Hello all,
Thank you for choosing to read this
article. Through this write up, I attempt to give some insights which
may help you in preparing for RBI Grade B Officers exam. Below are my
brief introduction and scores.
Education: BE, MBA
Work-ex: Grade A Officer at SEBI, PO at Union Bank of India
Attempt: 1st
Scores: Prelims - 137/200
Mains – (1) English – 79
(2) Economic and Social issues – 60
(3) Finance and Management – 65
Mains Total – 204/300
Interview – 42/50
Grand Total – 246/350
All India Rank – 1
I presume that you are already aware about the exam pattern, hence I
will straightaway discuss about the sources and strategy I followed for
each phase.
(1) Prelims: A lot of people take prelims too casually.
Some start preparing for mains even before appearing for prelims. Unless
you are very good at GA and aptitude, this approach is better avoided.
In fact, prelim is a very competitive phase where out of lacs of
candidates, rarely 1500-1800 get shortlisted for the mains. So ensure
that you are well prepared for the prelims.
Strategy:
The
biggest challenge of prelims exam is the GA section of 80 marks. So I
will focus a little more on it. As this section has 40% weightage,
meticulous preparations are required. Honestly speaking, it is more
difficult to build up a GA base in a limited time than to say, learn
some reasoning short-cuts. The most common problem faced by aspirants is
the inability to convert GA reading into scores. The real problem here
is, picking up competitive exam magazines and random GA material just as
the exam is announced, and straightaway start mugging everything up
usually do not give productive results. GA is something which cannot be
built in a day, a week or a month. It is a regular process that one
should continuously pursue. Newspaper reading should not be a compulsion
but a habit! Also, the approach of reading should be
issue-based-learning rather than mere remembrance of probable GA
questions. Newspaper reading should be supplemented with reading
articles on finance and economy, watching television news and debates
etc.
Also, it is advisable to read and understand Indian financial
system in general and banking system in particular. Try to follow and
analyze a variety of issues and events happening in financial system of
India and all over the world (QE and its impacts, IMF quota reforms,
problems faced by PSBs, BASEL studies etc). Such an approach of knowing
less-and-less-of-more-and-more than knowing
more-and-more-of-less-and-less helps you maximize your attempts and
score in GA section. Also, such holistic way of reading may indirectly
help you in some GA questions where even if you don't know the correct
answer; you can eliminate some options and make a better guess.
While writing the prelims paper, keep a score in mind. Last year the
cut-off for general category was 126/200. Ideally, a target of say, 140+
may be set to be on a safer side. Preference of sectional attempts is
entirely subjective and should be decided taking into consideration
individual strengths and weaknesses.
Sources:
GA – One good
financial newspaper everyday (ET, BS, Mint are good. I personally prefer
Mint. However, it is up to your reading taste as to which newspaper to
follow), complete reading of economy section from www.mrunal.org,
random reading of banking awareness questions from Google and most
importantly, continuous reading of all publications of RBI web-site.
Browsing Pratiyogita Darpan during the last week before the exam will be
helpful to brush up everything. This should suffice for prelims.
Mathematics – As the section is almost same as other bank exams,
R.S.Agrawal is the most credible source to prepare. Focus more on DI,
Percentage, Profit and Loss, Time and Work, Time and Distance. Since the
section consists of only 30 marks and may involve lot of calculations,
try to score maximum in a set time period and move on to the other
sections instead of wasting time for just few more marks.
Reasoning –
Like bank exams, reasoning is of high level. No specific book needs to
be followed but regular practice of CAT reasoning material of good
national coaching institutes will help a lot. Since this section
consists of 60 marks, fair amount of practice will be required if you
are not already good at it. Sitting arrangements, analytical reasoning
and syllogism need to be thoroughly prepared.
English – It comprises
of just 30 marks, but can be extremely helpful in scoring as level of
the section is very moderate. If you are good at reading comprehension
and have sound grammar fundamentals, a score of 25+ is quite possible. A
book on English Grammar by S.P.Bakshi can be handy.
(2) Mains: Although it takes some efforts to go through prelims, the real exam starts here.
Strategy:
Mains is considered to be the most difficult part of the entire
recruitment process. In fact, this is the phase where thorough
understanding of subjects is required, which is only possible through
extensive preparations. One positive thing about RBI mains is that it
offers you sufficient time to think, frame and write your answers.
Therefore, utilize the ample time you will get to articulate your
answers lucidly and coherently.
The most important thing (and
ironically the most neglected too) is developing good writing skills.
Aspirants read rigorously, make daily notes, do economic data by heart
and what not! However, little or no efforts are made in improving
writing skills. This is where I feel, the problem lies. Let us not
forget that the paper checker will not read what is there on the mind
but will read what is written on paper. So it is as much important to be
expressive and articulate as it is to be informed and aware. It is
advisable to spend 75% efforts on subject reading and 25% efforts on
writing practice. Practicing writing can be done by writing blogs on
current affairs, participating in online debates among peers or by
simply writing previous papers. Supplement your writing practice
sessions by simultaneously following some well written magazines and
editorials. It will help you develop a language which can fetch maximum
marks. Take an example. Compare “If the prices keep rising, RBI will not
lower policy rates” with “Persisting inflation may compel Central Bank
to hold policy rates”. More or less, both the statements communicate the
same thing. But the selection of words and the way of expression make
the later one more effective. Therefore, make all attempts to ensure
that you write your answer with the best 'choice of words'.
One more
important thing is the length of the answers. RBI clearly mentions in
how many words the answers need to be written. It also communicates that
mere superficial knowledge and excessively long answers may attract
deduction of marks. Keeping this in mind, ensure that the answers are
succinct, well thought out from different angles and are insightful.
Stay away from writing polemical statements about the role of Government
or policies. Keep a balanced and rational view and show-case your
answers with logic and data.
Lastly, handwriting also plays some
role in scoring well. While not much can be done to improve handwriting
in a short span, all you can do is write answers neatly and make optimum
use of space available. Making your answers appear good can certainly
add 3-5 marks per paper to your final score!
Sources:
English –
English generally contains questions which are moderately difficult and
hence can be attempted. One important feature is the essay which
contains 40 marks. Subject of the essay is generally related to current
affairs or economic policies. Therefore, it is important to appear for
the paper with fair understanding of the subject as well. Letter writing
and précis writing are also important questions. It is better to go
through various types of letters and practice précis writing as knowing
the technicalities can definitely lift your score up by 5-10 marks.
Ideally, one should aim a score of 70+ in this paper. No special books
need to be study, essay writing can be prepared from editorials of
newspapers and magazines, letter writing can be studied from English
text-books and précis writing can be practiced online.
Economic and
Social Issues – E&S I is the most challenging paper to score.
Considering the subjectivity of the answers, it is generally not very
easy to score high in this paper. Anything above 55 would be considered a
fair score. Many books are available in the market for this subject.
Indian Economy by Mishra & Puri, Indian Economy by Dutt &
Sundaram are quite good. It is better to use both the books as some
chapters are explained well in one and some in the other. More than
mugging up economic data, it is advisable to get conceptual clarity in
this subject. However, it is always good to support the answers with
relevant facts and figures. Indian Economy by Ramesh Singh is also
widely read, but I found it very elementary and it can just be used as a
start up reading by those who do not have a finance or economics
background. Apart from this, regular reading of articles on
socioeconomics from Economic and Political Weekly, The Economist,
Project Syndicate, Frontline or Yojana can give some good insights and
help in framing the answers better.
Finance and Management – F&M
does need a little more preparation for those who do not belong to
management or finance background. However, the level of the paper is set
in such a way that level playing field is maintained among all streams
of aspirants. For the Finance part, Financial Management by Khan and
Jain is a standard book. But there is no need to read the entire book
and only chapters which are included in RBI syllabus need to be read.
For Management part, Principles of Management by P.C.Tripathi and
P.N.Reddy is a good book. One thing to be kept in mind that this paper
is repetitive in nature, so take reference from previous years papers
and get a detailed idea. Anything beyond 60 is a decent score for this
paper.
Normally the cut-off for mains to be called for interview ranges around 170-175 for general.
(3) Interview: On a personal level, I found the interview phase of RBI
the most difficult. Although a lot can be written about interview and
yet nothing concrete can be concluded considering the subjectivity of
interviews, few peculiar things about RBI interview I enlist below.
-
RBI panel is normally very cordial but they will grill you without you
even realizing it. Therefore, it is utmost important to go with thorough
preparation and a positive mindset.
- RBI does not mind giving
extremely low scores in interviews. In fact, average scores hardly used
to be 20-25, and people getting even 0 in some cases. So interview needs
to be taken very seriously to get the final selection.
- Attire
should be formal. Make sure you look calm and composed. Listen to every
single word asked by the interviewer and try to be as normal as possible
even in the most stressful minutes.
- The language you use and your
choice of words certainly make a deep impact on your performance. It is
advisable to take up a couple of mock interviews just to get the
momentum going.
- Questions may range from your background to your
work profile to current economic issues. So make detailed study of
everything you have put in the bio-data form to be filled in before
appearing for the interview.
Some final words. . .
RBI Grade B
Officer is not just an exam, it is a journey. It takes almost one year
for completion of the entire recruitment process. It not only tests your
aptitude, subject knowledge and personality, it also indirectly tests
your patience, perseverance, ability to absorb stress and sincerity. It
is always a dream of anyone having interest in financial sector to get
final appointment for this prestigious post. Lacs of candidates appear
but eventually hardly 80-100 make it. While there are a variety of
factors that play a role in your journey, what I personally feel is that
it is your involvement and passion that help you traverse this steep
learning curve. The more you become passionate about it, the closer you
get to know what is expected from a central banker and you start
becoming that way. Keep this spark of passion and involvement alive and
enjoy the entire journey. As Ben Bernanke puts, “If your uniform isn't
dirty, you weren't part of the game.” So work hard, stay positive and
good things will happen to you.
Thank you.
is there sectional cut off in rbi grade b phase 1??
Who has been longest serving governor of RBI??
can anybady provide me the source for online comprehension practice for rbi grade b exam
In rbi assistant exam 2014 if am applying for chandigarh state in which language should i have to be proficient??? pls help
FIFA 2014 HIGHLIGHTS
*Held @Brazil
Total countries played-32
*FINAL TOURNMENT--winners-Germany ($ 35 million) runners-Argentina ($25 million) third-- Netherlands($ 20 million) fourth-Brazil($18 million)
*man of the match-Gotze (germany)
*Golden Ball: Lionel Messi (Argentina)
* Golden Glove: Manuel Neuer (Germany)
* Golden Boot: James Rodriguez (Colombia)
* Young Player Award: Paul Pogba (France)
* FIFA Fair Play Award: Colombia
Q1. On the basis of the given sentence pick out the correct sentence converted in Future Perfect Tense from the given options:
He is buying books.
A) He will have bought books
B) He will have been buying books
C) He will have buying books
D) He will be buying books
Q2. Fill in the Gaps with correct form of verb:
By this time tomorrow he __________ home.
A) reach
B) will have reached
C) will reach
D) will have reach
Q3. Choose the most suitable preposition:
He was indignant ____ me.
A) at B) with C) for D) of
Please post correct answers for these questions.........
any bdy has economic survey pdf?
As per the RBI financial inclusion for ____ people there is must need of bank.
- 3000
- 2000
- 5000
- 4000
- 1000
0 voters
Puys, some important Sports events in 2014
Game Venue Winner
FIFA 2014 Brazil Germany
Hockey World cup Netherlands Australia
Winter Olympics Sochi, Russia Russia(max no of medal)
ICC World T20 Bangladesh Srilanka
CWG 2014 Glasgow, Scotland TBA
Asian Games 2014 Incheon, South Korea TBA
Service area approach is associated with ?
( 1 ) Industrial Finance
( 2 ) Micro-finance
( 3 ) Rural Finance
( 4 ) Consortium Finance
( 5 ) None of these
Have people received their RBI exam date ?
when is this phase 1?? did anyone receive admit card? can we be able to download from net?
In a row A is 11th from left and B is 17th from right. There're 8 persons in between A and B . How many persons are there in row?
19
36
18
35
none of these
Which country recently abolished Carbon Tax?? First country to do so
australia
WHAT IS FORWARD MARKET COMMISSION
A.COMMODITY MARKET REGULATOR
B-SHARE MARKET REGULATOR
C-COMMITEE IN FINANCE MINISTRY
D-RBI COMMISSION TO ADJUST LAF
E- NONE OF THESE