Finance & Management is one of the subject-oriented papers in the RBI Grade B Phase II examination. Through this section, Reserve Bank of India (RBI) evaluates candidates knowledge in Finance and Management. Still, it could be tricky for candidates to handle coming from non-finance and management backgrounds. The brighter side is that RBI does not ask deep-level complex questions in the F&M section in Phase 2. Moreover, candidates should work on foundational-level topics while studying for F&M.
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RBI Grade B Phase 2 Exam Pattern (Objective+Descriptive)
Sections | No. of Questions | Marks Allotted | Time Duration |
Paper I: Economic and Social Issues: 50% Objective+50% Descriptive | 30 Objective Questions6 Descriptive (4 Needs to be Answered) | 100 | 120 Mins |
Paper II: English Writing Skills | 3 Questions | 100 | 90 Mins |
Paper III: Finance & Management50% Objective+50% Descriptive | 30 Objective Questions 6 Descriptive (4 Needs to be Answered) | 100 | 120 Mins |
List of Topics to be Covered in Finance & Management
Check out the list of topics to be covered in Paper III Finance & Management to ace in this section and score 70+ marks.
Finance Topics
- Financial Management & System
- Indian Financial System & Regulation
- Financial Markets: Capital Market, Money Market & Forex Market
- Capital Market
- Money Market
- Forex Market
- Alternative Source of Finance
- Taxation – Direct, Indirect
- Indian Banking System and Global Standards
- Inflation
- Financial Inclusion
- Union Budget Concepts & Approach
- Recent Developments in Finance Sector
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Management Section
- Introduction to Management
- Functions of Management: Management Theories
- Functions of Management – Planning
- Functions of Management – Organising
- Functions of Management – Staffing, Directing & Controlling
- Organisational Change & Development
- Personality
- Motivation
- Organizational Behaviour
- Leadership
- Communication
- Conflict
- Human Resource Development
- Corporate Governance
- Ethics
Preparation Strategy to Score 70+ Marks in Finance & Management
Finance & Management section is one of the crucial sections to cover for the RBI Grade B Phase 2 examination. Focus to strengthen your foundational knowledge in FM to get a 70+ score on the exam. Here is an effective preparation to cover FM in the last 19 days left for Phase 2 2023.
- You have a very limited time left to cover the vast syllabus in the Finance & Management section.
- Start revising the most scoring topics first from the Management section.
- Revise your notes covering important topics and essential concepts.
- Refer to IGNOU and NCERT notes for Management.
- Prepare a day-wise study plan for 19 days to revise topics and take up mock tests online.
- We designed the mock tests online covering the objective+descriptive so that, candidates can practice and get through the exam pattern for scores improvement.
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Days | Finance & Management Topics to be Covered |
1 | Revision of Finance Topics: Financial Management & System &Indian Financial System & Regulation Mock Test Challenge 1 Covering Finance & Management Imp topics & Analysis |
2 | Revision of Finance Topics: Financial Markets: Capital Market, Money Market & Forex Market Mock Test Challenge 2 Covering Finance & Management Imp topics & Analysis |
3 | Revision of Finance Topics: Capital Market, Money Market & Forex Market Mock Test Challenge 3 Covering Finance & Management Imp topics & Analysis |
4 | Revision of Finance Topics: Indian Banking System and Global Standards & Alternative Source of Finance Mock Test Challenge 4 Covering Finance & Management Imp topics & Analysis |
5 | Revision of Finance Topics: Taxation – Direct, Indirect Solve Questions for Practice |
6 | Revision of Finance Topics: Recent Developments in Finance Sector Practice Questions Set |
7 | Revision of Finance Topics: Inflation & Recent Developments in Financial Sector Solve Questions for Practice |
8 | Revision of Finance Topics: Financial Inclusion Concepts Solve Questions for Practice |
9 | Revision of Finance Topics: Union Budget: Concepts, Approaches & Trends Practice Question Series |
10 | Management Topics Revision: Introduction to Management, Functions of Management-Management Theories & Functions of Management – Planning Solve Question Series Online |
11 | Management Topics Revision: Functions of Management– Organising, Functions of Management – Staffing, Directing & Controlling & Organisational Behaviour Practice Question Series |
12 | Management Topics Revision: Organisational Change & Development Concepts & Notes Solve Questions Online |
13 | Management Topics Revision: Personality, Motivation & Communication Practice Question Series |
14 | Management Topics Revision: Leadership Topics, Notes & Important Concepts Solve Questions Online |
15 | Management Topics Revision: Conflict Important Topics for Revision Practice Question Series |
16 | Management Topics Revision: Human Resource Development Cover Important Topics & Concepts for Revision F&M Mock Test Challenge+Complete Analysis |
17 | Management Topics Revision: Ethics Concepts & Notes TopicsMock Test Challenge for F&M Mock Test Challenge+Complete Analysis |
18 | Management Topics Revision: Corporate Governance Notes & Concepts F&M Mock Test Challenge+Complete Analysis |
19 | Revise Important Finance & Management Notes |
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Final Takeaway
You have 19 days with you to finish Finance & Management section. Cover all important topics to score 70+ marks in this section to qualify for the Phase 2 round. Solve online mock test challenges for F&M to practice objective+descriptive types of questions for practice to understand the exam pattern.
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