A Complete Book for RBI Grade B Finance & Management (FM) 2024 – 3200+ Questions with Detailed Answers

Why RBI Grade B Phase-II Cracker eBook 2024 is important?

• RBI Grade B Phase-II Cracker eBooks 2024 – FM & ESI, help improve speed. Candidates can practice with 5600+ practice questions of FM and ESI sections with this cracker series. The more regularly a candidate attempts more practice questions of FM & ESI, the more he will enhance his speed.
• RBI Grade B Phase-II Cracker eBooks familiarize the candidate with the RBI Grade B exam pattern and the strategy to adopt while taking the actual exam.
• The RBI Grade B Phase-II Cracker eBooks help candidates to learn time management in the actual RBI Grade B exam. Along with it, they also learn the skill to attempt and skip questions based on the difficulty level.
• RBI Grade B Finance & Management (FM) and Economic & Social Issues (ESI) EBook 2024(eBook Edition for Phase-II Exam) is the best source to learn the weaker and stronger sections concerning a particular topic or subject. It gives individual scores and helps to analyze subject knowledge and fill the loopholes present in the study plan.

RBI Grade B Finance and Management (FM) Syllabus:

RBI Grade B syllabus for Finance & Management has important topics such as Management, Performance Appraisal, Theories of Motivation, Communication, Role of Information Technology, Corporate Governance, Factors affecting Corporate Governance, Mechanisms of Corporate Governance, etc. The finance management syllabus for RBI Grade B is slightly on the technical side, but it can be cracked with constant practice of the RBI Grade B previous year’s question papers and mock tests. Finance & Management (Objective) Syllabus 

(I) Finance 

(a) Financial System: Regulators of Banks and Financial Institutions, 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

• Risk Management in Banking Sector
• Basics of Derivatives: Forward, Futures, and Swap
• Changing Landscape of Banking sector
• Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
• Financial Inclusion- use of technology
• Alternate source of finance, private and social cost-benefit, Public-Private Partnership
• Corporate Governance in Banking Sector, the role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
• The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
• Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends.

(II) Management 

• Nature and scope; The Role of a Manager in an Organisation.
• The Management Processes- Planning, Organisation, Staffing, Directing and Controlling;
• Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
• Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal, Potential appraisal and development, Feedback and Performance Counselling
• Career Planning – Training and Development, Rewards, Employee Welfare.
• Motivation, Morale, and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
• Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.

• Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

Apart from solving the RBI Grade B mock tests series, it is also suggested that candidates must solve RBI Grade B Previous Year Question Paper for a better understanding of the exam pattern and standard of the RBI Grade B Exam 2024. Candidates have also suggested taking online quizzes regularly along with RBI Grade B online mock tests to analyze their level of preparation.

RBI Grade B Exam 2024 – Important Links