Recommended Books for RBI Grade B

Exam with Bonus Online Material

The notification for this year's RBI Grade B Exam is out. And the earlier you
begin your preparation, the better it is. Besides taking good online mock tests, the
best way to begin your exam preparation is to have the best resources and
books in hand. Here we have compiled relevant free online study
material along with the recommended books for RBI Grade B exam. Here is
where you start.

About the RBI Grade B Exam

Before digging into the study material check out the detailed exam pattern. There are
three phases in the recruitment process, the last of which is the interview. Phases I
and II are written online examinations. The different subjects you will be tested on in
Phase I are General Awareness, English Language, Quantitative Aptitude and
Reasoning Ability. Phase II will test you on your knowledge of Economic & Social
Issues, Finance & Management and English Writing Skills.

RBI Grade B Exam Pattern

Why these Online Study Material and Books for

RBI Grade B Exam?
If you choose the right books for the exam, it means your preparation is well begun.
You can proceed with a certain degree of trust. It ensures that you don't waste too
much money buying books that are not good or that aren't needed. Here are the top
three reasons why you should refer these Books for RBI Grade B along with the
bonus online study material.

1. These books and online resources cover the complete breadth of the syllabus.
Previous papers are also included to give you insight on exam pattern,
difficulty level, and nature of questions.
2. The Books are written by experienced authors and published by well-known
and trusted publishing houses. The online study material are either
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 maintained by experts or crowd-sourced with an adequate ranking system to
show you popular opinions.
3. These resources come recommended by professionals who have years of
experience under their belt while dealing with RBI Grade B Exam Preparation.

General Resources for RBI Grade

B Notifications, Tips etc.
Follow notifications for RBI Grade B very carefully.
Make sure to get plenty of practice on the move - when you are travelling,
when you don't have access to the computer and can't carry books. Practice all
the questions you can for free on this app.

Recommended Books For RBI Grade B Phase-II

Exam
General Awareness Books For RBI Grade B Exams

The General Awareness section tests you largely on your basic knowledge about
Financial Awareness & Banking Awareness. You will also be tested on Current Affairs
and Static GK.

Pratiyogita Darpan
Lucents General Knowledge(4th Edition)
Manorama Year Book 2016
India 2015 by Ministry of Information

Bonus Online Material for RBI Grade B General Awareness

Current Affairs App: Make sure to read the Capsules, then take the Daily,
Weekly and Monthly Quizzes.
Financial Awareness Capsules & Study Notes: Financial Awareness is
important for SBI PO Mains preparation. Make sure to read up on capsules
and concept-driven study notes.
Financial Awareness Quiz: Take these quizzes to test yourself.
Static GK: These capsules are important to keep you up to date on trivia and
events and to boost your General Awareness.
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 GK Quiz: Boost your General Awareness with these short quizzes.
Current Affairs Capsules: If you don't have an Android app, read daily
capsules for the past 3 months.
Current Affairs Quiz: Make sure to take these quizzes daily.

English Books For RBI Grade B Exams

You will need to deal with English in both Phases I and II. You will have to deal with
objective questions in Phase I. In Phase II, you will need to write a Descriptive paper.

Name of Book Author Publisher

Objective English Edgar Thorpe Pearson (2013).
Objective General English R.S. Aggarwal, S. Chand (2011).
Vikas Aggarwal
Word Power Made Easy Norman Lewis Penguin.
High School English Wren & Martin S. Chand.
Grammar & Composition

Bonus Online Material for RBI Grade B English

Testbook English: Learn memory techniques for vocabulary, grammar

lessons, tips, tricks and more.
English for Competitive Exams Modules: The best technique for
contextual usage, grammar and practice for RCs.
Testbook English Quiz: Practice questions in tiny quizzes and see where
you stand among your peers.
Grammarly: Type in your grammar-related query on Google and click on the
links from Grammarly.
English Stack Exchange: Type in your grammar-related query on Google
and click on links from English Stack Exchange. Or visit the forum to learn
English in an unstructured format, one doubt at a time.
Thesaurus: Learn synonyms and antonyms for different words.
The Hindu: Read the Editorial page to improve your English.
Essay Writing Tips, Letter Writing Tips, Sample Essays, Sample
Letters
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Quant Books for RBI Grade B

Name of Book Author Publisher

Quantitative Aptitude Test N. K. Singh Upkar Prakashan (2010).
Quantitative Aptitude for R. S. Aggarwal S.Chand (2012).
Competitive Examinations
(17th Edition)
Fast Track Objective Arithmetic Rajesh Verma Arihant.
(Completely Revised Edition)
Quicker Mathematics M. Tyra BSC Publications.

Bonus Online Material for RBI Grade B Quant

Testbook Quant: Go through all the shortcuts, concepts and tips carefully.
Testbook Quant Quiz: Get tiny quizzes with solutions to fix your mistakes
on the spot.
Careerbless: Get practice on an online calculator so you can do some quick
maths. Also, try questions for speed math.
Math Shortcut Tricks: Try shortcut tricks for Quantitative Aptitude.

Reasoning Books RBI Grade B

Name of Book Author Publisher

Test of Reasoning Edgar Thorpe Pearson.
A Modern Approach to Verbal R. S. Aggarwal S. Chand (2012).
& Non-Verbal Reasoning
(Revised Edition)
A New Approach to Reasoning: B. S. Sijwali Arihant (2014).
Verbal, Non-Verbal & Analytical
Analytical Reasoning M. K. Pandey BSC Publications.
Logical and Analytical A. K. Gupta R. Gupta.
Reasoning (1st Edition)

Bonus Online Material for RBI Grade B Reasoning

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 Testbook Reasoning: Clear your concepts so you can easily solve any
Reasoning question.
Testbook Reasoning Quiz: Practice is key to performing well in the
reasoning section. Makes sure to take them all!
Indiabix: Try Reasoning questions here, but don't rely on the answers and
explanations too much.

Recommended Books For RBI Grade B Phase-II

Exam
Paper-I Economic and Social Issues

The paper will test your economic and social awareness. While preparing from the
following study material, make sure you pay attention to the basic concepts first and
then move on to topics that are more complex.

Recommended Books for RBI Grade B Phase II Paper-I:

1. Indian Economy by Uma Kapila.(Series of Books)

2. Indian Economy by Mishra Puri. (Latest Edition)
3. Growth And Development by Devraj Ray
4. Sociology by C.N. Shankar Rao

Newspapers that you should read:

1. The Hindu
2. Economic Times
3. Business Standard

Weekly/Monthly Magazines/Bulletins/Reports:

1. Economic and Political Weekly

2. Southern Economist
3. Yojana
4. Business India
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 5. RBI Bulletins

Finally, read the most noteworthy recent reports:

1. World Development Report

2. Economic Survey of India

Paper-II English (Writing Skills)

This paper is the Board's way to test your writing skills. Consequently, the questions
will be framed in a way to judge your expression and understanding.

Recommended Books for RBI Grade B Phase II Paper-II:

1. RBI Grade-B Officer's Exam Phase 2 Descriptive Type Test Practice Work
Book (Including Solved Paper) by Kiran Prakashan

2. Descriptive General English by S P Bakshi and Richa Sharma

Since this English descriptive paper will take place online, try to practice as much as
you can by typing on a computer.

Paper-III Finance and Management

The paper on Finance and Management covers three aspects:

(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 and recent developments.

(c) General Topics

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 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, Portfolio Investment, Public
Sector Reforms, Disinvestments.
5. Financial Inclusion- use of technology.
6. Alternate source of finance, private and social cost-benefit, Public-Private
Partnership
7. Corporate Governance in Banking Sector, the role of e-governance in
addressing the issues of corruption and inefficiency in the government sector.
8. 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).
9. Inflation: Definition, trends, estimates, consequences and remedies (control):
WPI, CPI - components and trends.

Recommended Books for RBI Grade B Phase II Paper-III

1. An introduction to Economics by A W Stonier and D C Hauge

2. Monetary Theory and Public Policy by Kenneth Kurihara
3. Indian Economy by Mishra and Puri
4. Indian Economy by R. Dutt and KPM Sundaram
5. Economic Growth and Development by Mayer and Baldwin
6. Major economic newspapers and Economic and Political Weekly
7. Public Finance by K K Andley and Sundaram
8. Financial Management by Prasanna Chandra

In addition to the books recommended here, you should go through our Financial
Awareness Capsules as much as you can. You can begin here:

Financial Awareness Capsule July 2016

Financial Awareness Capsule June 2016

Financial Awareness Capsule May 2016

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Furthermore, while reading this study material take our Financial Awareness
Quizzes:

Financial Awareness Quiz 16

Financial Awareness Quiz 15

Financial Awareness Quiz 14

Financial Awareness Quiz 13

Financial Awareness Quiz 12

Financial Awareness Quiz 11

If you find this post on study material and recommended books for RBI Grade B
exam helpful, then do let us know in the comments section. Also, let us know if you
need more help. Happy studying!

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