RBI Grade B Syllabus 2022- Check Topics & Reference Books

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RBI Grade B Officer Syllabus 2022

RBI Grade B Syllabus 2022- RBI releases the syllabus of RBI Grade B 2022 along with official notification. RBI Grade B 2022 syllabus contains important topics and sections that candidates should prepare for the exam. Aspirants should be aware of the complete RBI Grade B 2022 syllabus and RBI Grade B pattern to prepare for the examination. Complete revised RBI Grade B exam syllabus is provided here, for the ease of the candidates.

Reserve Bank of India (RBI) will conduct the RBI Grades B 2022 Exam for recruitment of eligible candidates to the post of Officer in Grade-B. Read the article to get the complete details of the RBI Grade B Officer syllabus 2022 for Phase-1 & Phase-2 Exam, here.
Also check- RBI Grade B 2022 application form 

RBI Grade B Syllabus 2022 for Phase 1

The Phase 1 comprises four different sections. Check the RBI Grade B phase 1 syllabus 2022 here

Quantitative Ability Reasoning English Language General Awareness
Simplification Logical Reasoning Reading Comprehension Current Affairs
Profit & Loss Alphanumeric Series Cloze Test Indian Financial Systems
Mixtures &Alligations Ranking/Direction/Alphabet Test Para jumbles Indian Banking Systems
Simple Interest & Compound Interest & Surds & Indices Data Sufficiency Miscellaneous Monetary Plans
Work & Time Coded Inequalities Fill in the blanks National Institutions
Time & Distance Seating Arrangement Multiple Meaning /Error Spotting Banking Terms
Mensuration – Cylinder, Cone, Sphere Puzzle Paragraph Completion
Data Interpretation Tabulation
Ratio & Proportion, Percentage Syllogism
Number Systems Blood Relations
Sequence & Series Input Output
Permutation, Combination &Probability Coding Decoding

RBI Grade B Syllabus 2022 for Economic and Social Issues

  • Growth and Development
  • Economic Reforms in India
  • Globalization
  • International Economic Institutions
  • IMF and World Bank
  • Social Structure in India
  • Gender Issues
  • Social Movements
  • Indian Political System
  • Social Sectors in India, Health and Education.

RBI Grade B 2022 Study Material

Books:

  1. Indian Economy: Uma Kapila.(Series of Books)
  2. Indian Economy: Mishra Puri. (Latest Edition)
  3. Growth And Development: Devraj Ray
  4. Sociology: C.N. Shankar Rao

News Papers:

  1. Economic Times
  2. Hindu
  3. Business Standard

Weekly/Monthly Magazines/Bulletins /Reports:

  1. Economic and Political Weekly
  2. Southern Economist
  3. Yojana
  4. Business India
  5. RBI Bulletins

Reports:

  1. World Development Report
  2. Economic Survey of India

RBI Grade B Syllabus 2022 for Finance

(a) Financial System

  1. Regulators of Banks and Financial Institutions
  2. Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets- Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.

(c) General Topics

  1. Risk Management in Banking Sector
  2. Basics of Derivatives: Forward, Futures and Swap
  3. Changing Landscape of Banking sector
  4. Recent Developments in the Financial Sector
  5. Financial Inclusion
  6. Alternate source of finance
  7. Corporate Governance in Banking Sector
  8. The Union Budget
  9. Inflation
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RBI Grade B 2022 Study Material

  1. An introduction to Economics – A W Stonier and D C Hauge
  2. Monetary Theory and Public Policy – Kenneth Kurihara
  3. Indian Economy – Mishra and Puri
  4. Indian Economy – R. Dutt and KPM Sundaram
  5. Economic Growth and Development – Mayer and Baldwin
  6. Major economic newspapers and Economic and Political Weekly
  7. Public Finance – K K Andley and Sundaram
  8. Financial Management – Prasanna Chandra

RBI Grade B Syllabus 2022 for Management

  • Management: its nature and scope
  • Leadership
  • Human Resource Development
  • Motivation, Morale and Incentives
  • Communication
  • Corporate Governance

The questions on this section will be basic in nature.

RBI Grade B Syllabus 2022 Economics

(a) Microeconomics

  1. Consumers behaviour and firms; value of resources like land, labour and capital
  2. Markets-monopoly, perfect and imperfect competition
  3. General Equilibrium of price and activity, economic welfare and case for regulatory / policy interventions

(b) Macroeconomics

  1. Measuring national income and its components; basic macro identities and idea of macro-balance; Goods and Financial Market Equilibrium (IS-LM Framework)
  2. Major macro-economic school of thoughts; Classical, Keynesian and Monetarist
  3. Consumption and Investment demand; demand management policies and their effectiveness
  4. Money demand and supply; monetary and fiscal policies

(c) International Economics

  1. Benefit of International trade; comparative and absolute advantage; effect of International trade on resources allocation and factor price equalisation; non-conventional trade barriers, optimum currency areas and effect of customs union
  2. International finance and exchange rates issues in an open economy, benefits and costs of an inter-connected financial markets; evolution of international financial architecture

(d) Public Economics

  1. Public Goods, instruments of financing, government tax and non-tax revenue
  2. Direct and Indirect taxes, efficiency costs of commodity taxes, income taxation, labour supply and savings, corporate taxation and corporate behaviour
  3. Government expenditure policy-various components, deficit financing and its impact on the economy, government debt and crowding out of private capital

(e) India’s Economy and Development Issues

  1. India’s experimentations with planned development models and the outcomes, structural issues-savings and investment, demography, urbanization, productivity, etc., issues with poverty, inequality and employment
  2. Agriculture- policy and developments, manufacturing competitiveness; what is holding India back, role of public sector enterprises in the key economic sectors, India’s resilient service sector; trade, tourism, communication, ITES, etc.
  3. Financial sector regulation and reforms-banking, insurance and capital market, fiscal policy and the changing priorities of government, emergence of monetary policy and its new role

Suggested Reference Material:

  1. Microeconomics, Student Value Edition (8th edition) by Robert Pindyck, Daniel Rubinfeld
  2. Intermediate Microeconomics : A modern Approach (8th edition) by Hal R. Varian
  3. Macroeconomics (2011) by Rudiger Dornbusch, Stanley Fisher, Richard Starz
  4. Macroeconomics by N. Gregory Mankiw, (Seventh Edition),
  5. International Economics (2013) by Domimick Salvatore
  6. International Economics (2011) by Paul Krugman and Maurics Obstfeld
  7. International Finance and Open Economy Macroeconomics (1993) by Francisco L. Rivera- Batiz, Luis A. Rivera- Batiz
  8. Public Finance in Theory and Practice (1989) by Richard Abel Musgrave and Peggy B. Musgrave
  9. The Concise Oxford Companion to Economics in India, Edited by Kaushik Basu & Annemie Maertens
  10. Indian Economy since Independence (2014) edited by Uma Kapila
  11. Indian Economy : Performance and Policies (2015) edited by Uma Kapila
  12. India Development Report (2015) edited by S. Mahendra Dev
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RBI Grade B Officer Syllabus 2022 for Statistics

Chapters Topics
Probability
  • Theorems of probability
  • Conditional probability
  • Random variables
  • Bayes’ theorem
  • Distribution functions
  • Binomial, Poisson, Geometric, Exponential, Negative binomial
  • Hyper geometric
  • Cauchy, Log-normal
  • Chebyshev’s inequality, Cauchy-Schwarz inequality
  • Markov’s inequality
Statistical Methods
  • Population and sample
  • Measures of central tendencies Parameter and Statistic
  • Correlation and Regression
  • intra-class correlation
  • multiple and partial correlations,
  • Spearman’s coefficient of rank correlation
  • t and F statistics
  • Large sample distributions
  • Variance stabilizing transformations
  • logarithmic and z transformation
Linear Models
  • General Linear models
  • Gauss-Markoff theorem
  • estimation of Error variance
  • Simple and Multiple linear regression models
  • Regression diagnostics
  • Analysis of variance in one, two and three-way classifications
Statistical Inference
  • Rao-Blackwell and Lehmann-Scheffe theorems
  • Cramer-Rao inequality, confidence intervals
  • Simple and composite hypotheses
  • Type I and Type II errors
  • size and power of a test
  • Most Powerful and Uniformly Most Powerful tests
  • Neyman-Pearson lemma
  • Likelihood Ratio test
  • SPRT, OC and ASN functions
  • Parametric vs. Non-parametric Test
  • Frequently-used non-parametric inferential statistical methods
Multivariate Analysis
  • Bivariate and Multivariate normal distribution
  • marginal and conditional distribution
  • Estimation of mean vector and covariance matrix
  • Asymptotic properties of estimators
  • Sampling distribution of X and S
  • Mahalanobis D2 and Hotelling’s T2 and its applications
Optimisation Techniques and Statistical Quality Control
  • Linear Programming
  • Transportation Problem
  • Assignment Problem
  • Basics of Simulation
  • Quality control
  • Acceptance Sampling plan
  • single and double sampling plans (ASN, OC, ATI, LTPD, AOQL)
Sample Surveys and Design of Experiments
  • Simple and Stratified random sampling
  • Ratio and regression methods of estimation
  • Double sampling
  • Two stage and PPS sampling.
  • Sampling and Non-sampling errors
  • Principles of Design of Experiments
  • Randomized Block Design
  • Latin Square Design
  • 22 and 23 factorial designs
  • Split-Plot Design and Balanced Incomplete Block Design
Applied Economic Statistics
  • Time Series vs. cross sectional data
  • Auto-correlation
  • Partial autocorrelation
  • Smoothing techniques
  • Multiplicative and additive models
  • Seasonal and cyclical adjustment
  • Price and Quantity Index numbers
  • Types of index numbers and their properties
  • Chain and Fixed base index numbers
  • Wholesale Price Index
  • Index of Industrial Production
  • Gini’s coefficient
  • Lorenz curves
Vital Statistics
  • Sources of vital statistics compilation
  • Errors in census and registration data
  • Life Tables
  • Measures of Fertility
  • Stationary and Stable population
  • Mortality and Reproduction
  • Pearl’s Vital Index
  • Crude rates of natural growth
Numerical Analysis
  • Linear Equations factorization methods,
  • Pivoting and scaling
  • Residual error correction method
  • Iterative methods
  • Gauss-Seidel methods
  • Newton and Newton like methods
  • Lagrange interpolation techniques
  • Polynomials and least squares approximation
  • Integration by interpolation
  • Adaptive quadratures and Gauss methods.
Basic Computer Applications
  • Algorithms
  • Basic programming concepts
  • Program testing and debugging,
  • Sorting/searching methods,
  • Software Engineering,
  • Internet Technologies
  • Database Management Systems
  • Distributed systems
  • Programming using C
  • Web and HTML, MINITAB and FORTRAN
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RBI Grade B Officer 2022 Study Material

  1. Atkinson, K.E. (1989): An Introduction to Numerical Analysis, Wiley.
  2. Bhat, B.R. (2007): Modern Probability Theory, New Age International.
  3. Cochran, William G. (1977): Sampling Techniques. John Wiley and Sons, New York
  4. Das, M.N. and N. C. Giri (1986): Design and Analysis of Experiments. Wiley Eastern Ltd.
  5. Draper, N.R. and H. Smith (1998): Applied Regression Analysis, John Wiley & Sons.
  6. Goon, A.M., M. K. Gupta and B. Dasgupta (2001): Fundamentals of Statistics. (2 Vols.), World Press, Kolkata.
  7. Gibbons, J.D. & S. Chakrabarti (2007): Non parametric Statistical Inference, Chapman and Hall.
  8. Gupta, S.C. and V. K. Kapoor (2007): Fundamentals of Mathematical Statistics, Sultan Chand and Sons.
  9. Gupta, S.C. and V. K. Kapoor (2008): Fundamentals of Applied Statistics, Sultan Chand and Sons.
  10. Hollander Myles and Douglas A. Wolfe (2006): Non Parametric Statistical method, Wiley.
  11. Kshirsagar, A.M. (1983): A Course in Linear Models Marcel Dekker, New York.
  12. Montgomery, D. C. (2008): Design and Analysis of Experiments, John Wiley and Sons.
  13. Montgomery, D.C., E. A. Peck and G. G. Vining(2006): Introduction to Linear Regression Analysis, John Wiley and Sons.
  14. Murthy, M.N. (1967): Sampling Theory and Methods. Statistical Publishing Society, Kolkata.
  15. Rajaraman, V. (2010): Fundamentals of Computers, Prentice-Hall India.
  16. Rohatgi, V. K. and A. K. Md. Ehsanes Saleh (2009): An Introduction to Probability and Statistics, John Wiley and Sons.
  17. Saxena, H.C. (2005): Finite Differences and Numerical Analysis, S. Chand and Co.
  18. Silberschatz, A., H. F. Korth and S. Sudarshan (1997): Database System Concepts, McGraw-Hill.
  19. Sinha, P.K. (2010): Computer Fundamentals, University Science Press.
  20. Sukhatme, P.V., B. V. Sukhatme, S. Sukhatme and C. Asok (1984): Sampling Theory of Surveys with Applications, Iowa State University Press, Iowa, USA.
  21. Swaroop, K., P. K. Gupta and M. M. Singh (1985): Operations Research, Sultan Chand and Sons.
  22. Taha, H.A. (1982). Operations Research: An Introduction, Macmillan Publishing Company.

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