How to Master Government Schemes for RBI Grade B Exam

An RBI Grade B aspirant must master multiple subjects in depth to get ready to clear the RBI Grade B exam. One of these parts is government schemes. Mastering these schemes is essential to clear both Phases of the RBI Grade B 2025 exam. If you also want to cover government schemes properly, want to know the importance of some specific schemes and obtain the best resources to prepare for them, then you have come to the right place. In this blog, we’ll supply you with the best strategies and resources to master this part of the exam, and that too, with a FREE Mock Test to reveal your AIR for further improvement.

Also, know why RBI Grade B Phase 1 Exam: The Silent Eliminator of 99% Aspirants & What is the Finance and Management Syllabus for RBI Grade B Exam?

Are Government Schemes Important for RBI Grade B?

To understand the importance of Government Schemes in the RBI Grade B exam, it is very important to first analyze their weightage through past exam analyses. Let’s take a look at the weightage over the last few years:

• RBI Grade B Phase 1 Exam concentrated on General Awareness (GA), and the number of questions related to Government Schemes has slightly decreased. Candidates faced questions of 10 marks related to Government Schemes in 2022. In 2023, it was 8 marks. Similarly, in 2024, the number of questions was reduced to 7 marks. This reflects a slight dip in the inclusion of questions on Government Schemes in this phase.
• The RBI Grade B Phase 2 Exam included ESI (Economic and Social Issues) and Financial Management (FM) questions. The weightage for Government Schemes in Phase 2 was 30 marks in 2022 (from ESI). On the other hand, the number decreased to 22 marks in 2023. Here, we are talking about both ESI and FM. But when it comes to last year (2024), the total marks for Government Schemes in Phase 2 (according to those who took the exam) increased to 25.

Overall, in the past few years, the importance of Government Schemes has remained, but it has been diffrent each year. Take a look at the table below and understand the weightage of Government Schemes in the RBI Grade B exams of 2022, 2023, and 2024 in a summarized form.

Important Government Schemes for the RBI Grade B Exam

There are some schemes that you should follow to get ready to face all types of schemes-related questions. Here are the schemes that you need to prepare:

1. That has been in the news for the past 6 months before the Phase 1 or Prelims exam (from PIB)
2. The schemes that have been updated in the Budget
3. The schemes that are relevant to the syllabus of the exam

Let’s delve more into it.

1. Govt. Schemes of Last 6 Months

Cover all the government schemes that have been in the news in the past 6 months thoroughly. Start by following a good resource to complete this task. Again, carefully go through all the schemes that have made the news. The schemes that have been in the news during the past 6 months from the RBI Grade B 2025 exam date. Master this part by:

1. Reviewing the schemes that have been recently launched
2. Checking for updates or revisions of the schemes that exist
3. Looking for schemes that have achieved notable progress
4. Noting new schemes announced in the Union Budget
5. Taking note of the schemes mentioned in the Economic Survey

You can expect questions from different angles, as discussed above. For example, here are a couple of questions related to government schemes that were asked in the RBI Grade B 2024 exam:

1. Start-Up India Scheme

Objective Question: Which scheme is designed to encourage entrepreneurship and help start-ups grow in India?

2. National Pension Scheme (NPS) Vatsalya

Objective Question: What is the goal behind the release of the NPS Vatsalya scheme, and how does it benefit families?

These questions were part of the General Awareness section in Phase 1 and Economic and Social Issues (ESI) in Phase 2. It is important to note that these schemes had been in the news in some form or the other for the past 6 months before the RBI Grade B 2024 exam.

3. Important Ministries/Areas

Now, you might be wondering that in the news, there are updates about dozens of schemes every 6 months, so which scheme/s should you cover and which ones should you leave? Similarly, how much attention should you give to each scheme? The answer to this is that you should only cover those schemes which are part of the RBI Grade B syllabus. To clear this confusion, we have mentioned below the list of all the important ministries whose schemes you need to cover.

• Ministry of Health and Family Welfare
• Ministry of Education
• Ministry of Social Justice and Empowerment
• Ministry of Urban Development
• Ministry of Rural Development
• Ministry of Child and Women Development
• Ministry of Labor and Employment
• Ministry of Environment, Forest, and Climate Change
• Ministry of Agriculture and Farmers Welfare
• Ministry of Commerce and Industry

Besides these important ministries, if time permits, you should also cover the other relevant ministries, such as:

• Ministry of Jal Shakti
• Ministry of Power
• Ministry of Food and Public Distribution
• Ministry of Housing and Urban Affairs
• NITI Ayog
• Ministry of Micro, Medium, and Small Enterprises
• Ministry of Road Transport and Highways
• Ministry of Skill Development and Entrepreneurship
• Ministry of Tribal Affairs

What to Cover in a Government Scheme?

Here’s a breakdown of what you should cover in a government scheme (along with examples) to prepare for the RBI Grade B exam.

• Launch Year of the Scheme
• Allocation (in Budget and Overall Budget)
• Tagline
• Eligible Beneficiaries
• Exclusion of…
• Targets
• Objectives
• Implementing Agency

How to Cover?

Now you may ask, is there any resource through which you can prepare these schemes thoroughly, so thoroughly that if any difficult question on them is asked, you can answer it without any fear and without wasting any time? To this, we would say, yes, we do have such resources. You should start your preparation for the upcoming exams through these resources right away.

There are 2 amazing resources:

• PIB + Monthly Compilation
• Sampoorna (Our experts go through scheme guidelines and provide important points for the exam)

Also read, How to Prepare Finance and Management for RBI Grade B?

Descriptive Questions Based on Schemes

Also, keep in mind that along with objective questions, these schemes will also lead to descriptive nature questions in the exam. So, for that, having in-depth knowledge of the schemes is necessary, and you will also need to answer the descriptive questions related to those schemes. And, you will have to prepare for this every day, only then will you be able to confidently answer such questions. It is not that you will wake up after one night of rest, write an impeccable descriptive answer, and then put a victorious smile on your face. This is possible only if you are prepared in advance. And this is exactly our goal, to prepare you in advance.

So, you need to follow these 4 steps:

1. Be prepared for descriptive questions on government schemes in the exam.
2. Practice writing 400-word answers on these schemes.
3. Ensure a deep understanding of each scheme to craft accurate answers.
4. Simply mastering facts isn’t enough, regular practice is key to success.

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