ESI and F&M are the two most important sections in the Phase 2 examination carrying 100 marks for each weightage. A wide range of current and static topics are covered in Finance & Management and Economic & Social Issues. In the phase 2 examination, objective and descriptive questions are asked to evaluate candidates knowledge in Finance and Economic sections. For the descriptive section, we have covered the list of most expected questions considering from an exam perspective. 

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RBI Grade B Phase 2  ESI & F&M Special Mock Tests Online for 10 Days

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Most Expected Questions of Economic & Social Issues and Finance & Management

Let’s take a look at the questions ESI and F&M must revise to boost your descriptive scores to qualify for RBI Grade B Phase 2 in your very first attempt.

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Economic & Social Issues Questions

1.   Write down some important provisions related to school education as per the new National Education Policy 2020.

2.   In the context of the “Logistics Performance Index 2023”, comment on the reasons behind India’s historic jump in the ranking.

3.   Ayushman Bharat Yojana is a shield for the poor. Comment!

4.   Give an overview of MSME’s contribution to India’s economy. How do you see this sector performing in this decade?

5.   To ensure sustainable development, a robust and Climate resilient Agricultural Sector is required. How is India moving in this direction?

6.   Comment on India’s Physical and Digital Infrastructure and put light on government steps taken on the same?

7.   Highlight the various measures that the Union Government has undertaken to strengthen cooperative-based economic development.

8.   Since India is presiding G-20, What are the priorities that India should be looking at considering the outlook of Globalization?

9.   Comment on India’s Cooperative Structure!

10.   Development of various Industrial Corridors is a major step toward promoting industrial growth. Elucidate.

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Finance & Management Questions

1.   Why do Ethical problems occur in business? What are the best ethics practices that a business should adopt, explain it in the context of a banking business?

2.   Comment on the importance of Non-Banking Financial Companies and their contributions to the economy?

3.   Explain Nudge Theory with relevant examples?

4.   How should an organization handle resistance to change? Also, explain the Lewis Change Management Model.

5.   Recently, RBI permitted First Loan Default Guarantee in Digital Lending. How do you see this change in the context of boosting financial activities?

6.   What is the insider and outside model of Corporate Governance and enlist the important provisions for corporate governance under the Companies Act, 2013?

7.   Explain the objectives of the National Strategy for Financial Inclusion (2019-24)? Also, put forth the challenges and solutions with respect to Financial Inclusion. 

8.   How should an organization handle resistance to change? Also, explain the Lewis Change Management Model.

9.   What is the difference between Content and Process Theories of Motivation? Also, explain two theories of each.

10.   Explain the big five model of personality?

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Final Words

We hope that these questions can help you in preparing descriptive for ESI & F&M. Additionally, start solving mock tests online in RBI Grade B Phase 2 to improve test-taking skills and boost performance.