RBI Grade B 2021 notification is finally out. Changes have been introduced to both the exam pattern and the syllabus. Phase I exam pattern and remains the same, whereas descriptive portion has been added to both Paper I (Economic and Social Issues) and Paper III (Finance and Management).
Summary of Changes is as follows:
Old Pattern:
New Pattern:
Changes in the Syllabus:
There are no changes in Paper I Economic and Social Issues Syllabus.
In Paper III following topics have been added to Finance portion:
- Impact of the global financial crisis of 2007-08 and India’s response to it.
- Global financial markets and International Banking- broad trends and development
- FinTech
Following topics have been added to Management Syllabus:
Ethics at the Workplace and Corporate Governance:
Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.
How to deal with these new changes:
1.Understand the exam pattern.
2.Cover the syllabus from the perspective of new pattern.
3.Cover new topics in finance and management
4.Go through past years papers (before 2015)
5.Writing practice- start at the earliest.
6.Join test series for descriptive tests.
7.Do not neglect phase I of the exam.
Follow us on more updates.