RBI Grade B 2023 – How to prepare Economic & Social Issues

While candidates are grinding away for the RBI Grade B exam 2023, students are advised to prepare for Prelims & Mains together since there is a very little gap after Prelims to prepare for mains. Today, we are covering the topic of Economic and Social Issues. Let’s see what strategy should be adopted to score the highest during the exam. Before moving on to the topic let’s flick a glance over the examination pattern.

Examination Pattern of RBI Grade B 2023

English is the second language in India. This is the reason why despite being the world’s number one communication language, gaining proficiency in this language takes quite a work for a native Indian. Before we move forward let us flick a glance over the RBI Grade B syllabus.

• RBI Grade B Prelim Exam consists of one objective-type paper.
• The English section consists of 30 questions of total 30 marks.
• There is a single paper of the English language with 100 Marks in the Mains.
• English paper in Mains tests the candidate’s writing skills and consists c of 3 descriptive type questions: a) Essay b) Precis and c) Letter writing.

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Prelims

Marks distribution and the structure of the Objective paper in Prelims is depicted in the table below:

The Economic & Social Issues paper is only included in the Mains exam which is a descriptive type.

Mains

The pattern of questions in Mains is as follows:

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Strategy for Economic & Social Issues

Economic & Social Issues paper is included in Mains which is a descriptive type. It requires a strategic and very comprehensive approach. Here you go with some useful tips to layout your preparation strategy:

Understand the Exam Pattern and Syllabus

The first step towards any preparation strategy is familiarizing yourself with the topics and the exam pattern. Go through the syllabus and try to picture the topics, and the difficulties and plan accordingly. List down the books you need for preparation.

Read Authentic Books

Seek expert guidance when choosing books and resources. NCERT Books are highly recommended for the topic. Go for reference books, government reports, and publications related to the Indian economy and social issues. They lay a strong foundation for your preparation.

Keep Updated with Current Economic and Social issues

Read newspapers, financial magazines, and online news portals. Observe the key concepts, theories, trends, policies, and government initiatives related to the Indian economy and social issues.

Join Online & Offline Forums & Study Groups

Find the community of aspirants. Ask questions, and participate in challenges. Engage in debates and discussions. Exchange ideas and different points of view.

Wrap Your Head Around Government Reports and Policies

Read important government reports, such as the Economic Survey, Union Budget, and various policy documents. Get to know about the objectives, recommendations, and implications of these reports and policies.

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Take Mental Notes

When you come across news and topics related to finance and social issues, delve into them and keep taking mental notes. These visual aids will help you revise effectively and grasp complex information.

Practice Previous Year’s Question Papers

Solve previous year’s question papers to understand the exam pattern, time management, and the types of questions asked. This will familiarize you with the exam format and help identify areas where you need more practice.

Attempt Mock Tests

Mock tests are a simulation of the real exam environment. They are great tools to help you plumb your preparation and get the baring of where you stand on your preparation journey. Regular mock tests lead to improved speed, and accuracy, and help identify weak spots.

Choose Understanding Over Memorizing

This topic requires thorough study and good conceptual understanding. Try to wrap your head around the topics, note down important points, and draw a picture of how and when, and what aspect of it impacts us.

Practice Answer Writing

As it’s a descriptive paper, writing skill is another important factor on which your score depends. Try to structure your question, define a beginning, body and conclusion in the best possible way and then practice writing it down. Find what works for you. Find guidance from the experts.

Seek Expert Guidance

If you encounter challenging topics or have specific doubts, seek guidance from subject matter experts, mentors, or teachers. They can provide insights, clarify concepts, and guide you in the right direction.

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Revise Regularly

Regularly revise the topics you have covered to reinforce your knowledge. Allocate dedicated time for revision and focus on important concepts, formulas, and current updates.

Stay Motivated

After losing motivation preparation becomes a burden. Hence, keep reminding yourself about the destination. To keep a healthy frame of mind, practice listening to the music of your choice, go for a walk. Take some time out of your busy schedule and do some breathing practice or yoga etc.

Takeaways

Preparing the Economic and Social Issues paper for RBI Grade B is tough. Nonetheless with focus, determination, and perseverance, along with an effective strategy and a comprehensive approach, it can materialize. And on this journey, we are here to provide you with our support and guidance. Try our FREE Mock Tests and make the best use of our services.

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