ESI (Economics & Social Issues) is a subject-centric paper that carries 100 marks weightage in the RBI Grade B Phase 2 examination. This paper covers current and static topics. Both subjective and objective questions are to be covered in 90 minutes time. Candidates you have 19 days in hand so, make the best possible use of time with you to cover the ESI section. Follow our master plan to ace this section and improve your scores to qualify for the Phase 2 cut-off.
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RBI Grade B Phase 2 (General): Exam Pattern 2023
Questions are asked from three sections Economic & Social Issues, English Writing Skills and Finance & Management. Objective+Subjective questions covered from these three sections carrying 100 marks each.
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 Minutes |
Paper II: English Writing Skills | 3 Questions | 100 | 90 Minutes |
Paper III: Finance & Management50% Objective+50% Descriptive | 30 Objective Questions6 Descriptive (4 Needs to be Answered) | 100 | 120 Minutes |
List of Topics to be Covered in Economics & Social Issues
Check out the list of topics to be covered in the Economics & Social Issues section for the RBI Grade Phase 2 examination.
- Measurement of Growth: National Income & Per Capita Income
- Poverty Alleviation & Employment Generation
- Sustainment Development & Environmental Issues
- Indian Economic History of India
- Changes in Industrial & Labor Policy
- Monetary and Fiscal Policy since reforms of 1991
- Priorities & Recommendation of Economic Survey & Union Budget
- Indian Money and Financial Markets: Linkages with the Economy
- Public Finance
- Political Economy
- Industrial Developments in India
- Indian Agriculture
- Services Sector of India
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Important Resources to Follow for ESI Section
- Economic Survey of India
- Follow Current Events of Factual in Nature from Relevant Newspapers The Hindu, The Business Standard and The Economic Times
- Annual Report of RBI
- FAQ Section of RBI
- Press Information Bureau (PIB)
- The Economic Survey of India
- The Hindu Newspaper
- The Union Budget
- Refer to Monthly Magazines Pratiyogita Darpan, Yojna and Kurukshetra
19 Winning Strategy to Cover Economics & Social Issues Section!!
Candidates coming from finance and non-finance background should follow strengthen the basic concepts in Economics & Social Issues section for the Phase 2 General Examination. Follow the above resources and your preparation notes to cover this section for score improvement.
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- Make a proper study plan and dedicate 3-5 hours daily to cover ESI topics.
- Start revising the basic concepts and notes.
- A strong grip on the basics can only benefit you to ace Economics & Social Issues section for Phase 2.
- Develop a habit to go through prominent newspapers.
- Refer to PM’s Online Resource PIB.
- Solve Mock Test Challenges online for the practice of objective+descriptive questions.
- In the last few days, revise notes thoroughly.
Days | Economics & Social Issues Topics to be Covered |
1 | Measurement of Growth: National Income & Per Capita Income Revise Notes & Practice Questions |
2 | Poverty Alleviation & Employment Generation Revise Notes & Practice Questions |
3 | Sustainment Development & Environmental Issues Revise Notes & Practice Questions |
4 | Indian Economic History of India Revise Notes & Practice Questions |
5 | Changes in Industrial & Labor Policy Revise Notes & Practice Questions |
6 | Monetary and Fiscal Policy since reforms of 1991 Revise Notes & Practice Questions |
7 | Priorities & Recommendation of Economic Survey & Union Budget Revise Notes & Practice Questions |
8 | Indian Money and Financial Markets: Linkages with the Economy Revise Notes & Practice Questions |
9 | Public Finance Revise Notes & Practice Questions |
10 | Political Economy Revise Notes & Practice Questions |
11 | Industrial Developments in India Revise Notes & Practice Questions |
12 | Indian Agriculture Revise Notes & Practice Questions |
13 | Services Sector of India Revise Notes & Practice Questions |
14 | Revise ESI Overall Notes |
15 | ESI Mock Test Challenge 1 & Covering Imp Topics+Complete Analysis |
16 | ESI Mock Test Challenge 2 & Covering Imp Topics+Complete Analysis |
17 | ESI Mock Test Challenge 3 & Covering Imp Topics+Complete Analysis |
18 | ESI Mock Test Challenge 4 & Covering Imp Topics+Complete Analysis |
19 | ESI Mock Test Challenge 5 & Covering Imp Topics+Complete Analysis |
Final Words
In our blog, we covered a detailed preparation strategy helpful for candidates to cover the Economic & Social Issues section for the Phase 2 examination. Meanwhile, signup to take Phase 2 mock tests online covering objective+subjective questions for the ESI section. So that, you can get through the section thoroughly and analyze your performance in the mock test attempted.
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