[RBI] Strategy for Grade B Officer exam phase-1 & phase-2 by RBI-Topper Manojkumar with his marksheet & cutoff

RBI Grade B officer Manoj Kumar strategy tips

[RBI] Strategy for Grade B Officer exam phase-1 & phase-2 by RBI-Topper Manojkumar with his marksheet & cutoff

  1. About the author
  2. My clamour for RBI Grade B officer:
  3. General thoughts:
  4. Ice breaker and general approach:
  5. Newspaper and how to read it:
  6. Mrunal.org’s role in preparation:
  7. Topic wise approach:
  8. Phase I
  9. Phase II
  10.  Economic and Social Issues:
  11. English(Writing skills):
  12. Finance and Management:
  13. Other sources to be read:
  14. Interview:
  15. My Marksheet for RBI Grade “B” exam
  16. Conclusion:

About the author

Name Manojkumar.E
Age 24 years
Hometown Pudukkottai, Tamil Nadu
Education
  • % in 10th: 91.45%
  • % in 12th: 95.75% (200/200 in Physics, Chemistry, Mathematics and Biology)
  • % in U.G: 85.6%
College Qualification: Electronics & Communication engineering
College: College of Engineering Guindy(CEG), Chennai (Anna university’s main campus)
Work experience
  • Senior Business analyst in Mu Sigma Business Solutions Bangalore (Oct 2012- May 2014)
  • Assistant in RBI Chennai (Jan 2016-Present)
Previous attempts
  • This was my first attempt in RBI  officer’s exam.
Tamil Movies
  • Cricket, cooking and watching tamil movies

My clamour for RBI Grade B officer:

Friends, RBI has released notification for Grade “B” Officers exam Batch 2016. Click me to apply. In this regard, I wish to share some insights from my experience.

RBI Grade B officer Manoj Kumar strategy tips
Myself Manojkumar- like many of you, I’m a small town boy  aspiring for bigger things in life. Like most of the aspirants do, I entered into the fray of competitive examinations by starting preparation for UPSC civil services examination. Economics as an important and contemporary subject was very new to me as I did not have even a little of exposure about the subject in school/college. Everything was new and interesting and more importantly it made me think more as the subject is more dynamic and mathematical. Two months into the preparation and I came to know about RBI’s Grade B officer examination. One of my friend told me at that point of time that his sister had appeared for the exam an year back and was awarded a very low score in the interview (probably single digit mark). From there on, I made up my mind that this post is something that is almost unreachable and might not even suit me as I am a minnow in this subject. Very limited number of seats(around 100 every year) added assault to injury. I continued with my preparation for CSE but there was still a great craving about this exam and post. I used to take a look at previous year question papers of Grade B post which did no good to me but only aggravated my fears. I could not even get the simplest of doubts cleared and this exam seemed to be a nightmare. That is where I came across mrunal.org which is almost a game changer for economics and its basics. A friend of mine gave several PDFs from mrunal.org which explained things in a very simple manner that I not only got clarity of basics but also developed a liking and love towards the subject. The fear that crept into my mind had also subsided. After knowing the role of RBI in nation building, I got a feeling that it can give me strength, satisfaction and respect that a civil servant gets. The scope of service is also very high as the central bank has become a major player in a world of volatile economy. That is when I decided that I would jump into Grade B exam preparation

General thoughts:

Preparation has to be two pronged: one for phase 1 and other one for phase 2. It is wise to approach the exam topic by topic rather than going book by book. Reading precise and staying up to the point is essential as the exam is objective. At the same time, it is also required to get the conceptual clarity (if not in depth, at least a basic clarity) as some questions did test the concept clarity. Moreover, English writing skills and interview requires a fair understanding of concepts. Books suggested and reference books given by RBI board are too big to cover. It is only by sticking to the syllabus that we can try conquering it to the best of our satisfaction. It is better to start the preparation with phase 2 and then move on to phase 1 with one or 1.5 months before the exam.

Ice breaker and general approach:

As this exam is a blend of banking, finance and economics, it is better to build the base before jumping into the syllabus. Complex issues like those in the economic survey can be easier with a good understanding of concepts. To start with, “Indian economy key concepts by Shankar Ganesh” is a very good book as it explains things in a simple (simpler than NCERT) and lucid manner that anyone can understand. 10 chapters and a very small book, so it always keeps you in the groove so that you feel confident once you complete the book. Chapters involving capital markets might look slightly complex but repeated readings can make it look easy. Crux here is to get a feel of what economics is and how it is very much important in the current context of nation building. And moreover, it covers basics of many topics in our syllabus such as WTO, Banking, National income, Budget, etc. It is better to institutionalise the terms by taking up discussions or taking mock vivas among friends.NCERT reading from 9th to 12th is advisable depending upon the availability of time. One can ignore theorotical economic sections like money multiplier and all the complex graphs which would automatically fall under Economics optional in Paper-III. Glancing enough can do a world of good. Our base can be further strengthened by reading PDFs in mrunal.org which is in a dialogue format (funny as well as understandable). Doing all this will make you a person who is no longer a beginner in economics. It would provide oil for your mind engine when you jump on to contemporary issues

Newspaper and how to read it:

As this exam is a test of banking/economic knowledge, there is a common misperception that one needs to study newspapers like Mint, Financial express, Economic Times, etc. But this is not the case here. I am not discouraging you to follow the above mentioned newspapers. But it is always better to channelize the resources available to get the best utility out of it. It is more than enough to stick with “THE HINDU”. The first paper of the syllabus reads Economic and Social issues. Issues is the key word here signaling that the contemporary part needs to be given more importance than the static basic parts. Also hardcore financial and economic dailies cover topic in a way that might not connect the dots between economic issues and the underlying socio economic factors for the same. Questions were even asked from Polity in Paper-I of phase 2. Further General awareness section in Paper-1 requires a general newspaper to be read rather than an economic newspaper. So, be choosy in reading newspapers that you can afford to as time is not a luxury. You could be a regular newspaper reader or a new comer. But make sure that you follow newspaper regularly as it would provide you the following things:

  • Good understanding and correlation of topics in the current socio economic scenario
  • Fodder for essay in Paper-1 of phase 2
  • The confidence to face the interview
  • General awareness section of phase 1
  • English section of phase 1
  • Current affairs in paper 1 of phase 1

It is good to keep the syllabus by heart while reading the newspaper. That will tell us what is to be covered and what is to be ignored. I am providing you here with examples of what to read and what not to

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