How to Prepare RBI Grade B Finance and Management?

The Finance and Management paper is part of Phase 2 of the RBI Grade B exam. It is one of the 3 papers that tests the candidates’ knowledge of fiscal or financial matters and Governance in the phase 2 exam. It covers financial markets, economic policies, and principles of management. So, candidates must master this part to skyrocket their total score to make sure they clear the sectional cutoff. In this blog, we’ll dive deep into all the most important points that you need to follow to give their preparation a good start, make it smooth, and achieve success.

You might also like to know How to Become RBI Grade B Officer? & When Will RBI Grade B 2025 Notification Come?

RBI Grade B Finance and Management Preparation Strategy

To prepare, understand the syllabus and exam pattern, study standard books, focus on concepts, and practice descriptive questions. Regularly take mock tests to gauge your preparation level and stay updated with current financial news and trends. This focused approach will enhance your chances of success in the RBI Grade B exam.

1. Go for Static Knowledge First

Start with static knowledge first (basic and theoretical knowledge) and then go for Current Affairs part. That is, you need to pay attention to clearing your concepts. Only after that, you can properly or fully understand whatever you read. Because you should know about finance and economy-related terms to understand the things above them. So, first, you will study the static part, such as the Banking System, Financial Markets, MPC, and other things that are part of the static syllabus. And if you have a good knowledge of the static part, you can start reading Current Affairs now. For a candidate who is preparing for the exam for the first time, their priority should be static. And even for those whose preparation in this part is not very strong.

2. Focus On Official Documents Related to Economy & Finance

After that, you have to move towards the official documents and read them carefully. You must make sure that you get a good understanding of the important points mentioned in them. Why? Because questions will be asked from these documents. The topics that are included in these documents are:

• RBI Annual Report: Read the annual report multiple times. Concentrate on important policies, and learn about the trends and performance metrics essential for understanding the Indian economy and the strategies of the central bank.
• Budget: Get a complete understanding of the budget for the financial year 2025-26.
• Economic Survey: Chapters related to financial markets.
• Financial Stability Report: Being a specific report of RBI, it discusses the latest financial status of our economy, including data and numbers. What were the main or specific points of the latest report?

3. Read RBI and SEBI Circulars with Depth

As you might already know, the changes or rules introduced by RBI or SEBI come in the form of circulars. Therefore, these are very important official documents that you must read meticulously. You need to cover the circulars from the last 3 to 5 months before the exam in detail. Additionally, you should have a good understanding of the earlier basic or master circulars that have been released. For instance, the master circulars on mutual funds released by SEBI contain all the circulars related to mutual funds. Similarly, RBI releases the master circulars for Non-Banking Financial Companies (NBFCs), etc.

4. Read Business Newspapers Intensively

Then, give yourself the task of tracking business or economy-related news daily in business newspapers. For this, you can subscribe to newspapers like Mint, and Business Standard. These newspaper reading sessions can serve as a triple-edged sword for you, as they will not only expand your vocabulary, but also provide you with facts and figures related to the economy and policy, and improve your writing skills. Remember, you need to find and read news related to the Ministry of Finance daily, thoroughly and with understanding.

5. Do Regular Answer Writing Exercises (using PYQs)

Then, at last, comes that writing practice. In this part, to perform well, you need to practice previous years’ questions. You have to do it daily and do it thoroughly. Because, in the static part, what will happen is that you need to cover both finance and management topics. In management, there won’t be anything current, it remains static. That is, your preparation for management will be based on your static part preparation and answer writing practice.

Also, know why RBI Grade B Phase 1 Exam: The Silent Eliminator of 99% Aspirants

Make Your Finance and Management Preparation Easier with Practicemock

Dear candidates, if you are serious about getting a start on your preparation and accelerating it, you must opt for an effective and affordable course targeting the Finance and Management part of the Phase 2 exam. It is here we present you our latest course that is specifically designed for this purpose.

RBI Grade B 2025 Phase 2 Video Course – ₹5999 

This latest course includes:

• 200+ E-books and recorded lectures
• Phase II videos on FM (Static) & ESI Current Affairs, Finance Current Affairs + Government Schemes
• Full-length Mock Tests & Chapter-wise Quizzes
• Phase I GA videos
• Top Revision Notes for ESI & FM
• Sampoorna (News & Schemes from PIB, RBI, NABARD Circulars)

This course is a perfect short but effective course for aspirants who want to cover the Phase II exam syllabus.

Also, go through RBI Grade B ESI Preparation Strategy

Related Posts:

• Sign Up on Practicemock for Updated Current Affairs, Free Topic Tests and Free Mini Mocks
• Sign Up Here to Download Free Study Material