Many aspirants choose the RBI Grade B Exam to build their careers in banking. This exam is highly competitive, but once you clear it and earn a prestigious position in the Reserve Bank of India, life changes. This exam is the bridge to the RBI Grade B officer position, and on the other side of the bridge, at the destination, a respectable salary, career growth, and stability await employees. Phase 1 is as important as Phase 2 in this exam. In Phase 2, Economic and Social Issues (ESI) is an important section. This section tests candidates’ awareness of India’s economic environment, financial markets, social issues, and global economic developments. In this blog, we’ll reflect on the tips and tricks needed to master the ESI part of the exam. Read on to learn how you can boost your confidence, prepare ESI well, and improve your exam strategy!
ESI Paper Pattern
To fetch high marks in the ESI part requires a well-structured study plan, conceptual clarity, and regular practice. So, to ace this section, we will share top tips, starting with a FREE RBI Grade B mock test to gauge your preparation and help you find your weak areas. Since the paper is equally divided between objective and descriptive sections. So, you must have a balance of conceptual clarity and strong writing skills to make the most of this part of the exam. But, before diving into the preparation strategy, let’s check out the structure of the ESI paper:
Aspect | Details |
Total Marks | 100 |
Exam Duration | 120 minutes |
Question Types | – Objective: 30 questions, 50 marks (some 2 marks, others 1 mark) – Descriptive: 6 questions (attempt 4), 2 of 15 marks each, 2 of 10 marks each |
Objective Section | 30 questions, 50 marks |
Descriptive Section | 6 questions (attempt 4), 2 of 15 marks, 2 of 10 marks |
Preparation Tip | Balance conceptual clarity with writing skills |
You might also like to know How to Become RBI Grade B Officer?
Also, read Grade B 2025 Notification Release Date
RBI Grade B 2025 ESI Syllabus Breakdown
The syllabus for ESI is huge, but it can be categorized into the following major sections:
1. Growth and Development
- Measurement of Growth: National Income, Per Capita Income
- Poverty Alleviation and Employment Generation
- Sustainable Development and Environmental Issues
2. Indian Economy
- Economic History of India
- Industrial and Labor Policy Changes Post-1991 Reforms
- Monetary and Fiscal Policy
- Economic Survey and Union Budget Insights
- Public Finance & Political Economy
- Industrial and Services Sectors
3. Globalization & International Economy
- Balance of Payments, Export-Import Policies
- IMF, World Bank, WTO, and Regional Economic Cooperation
- International Economic Issues
4. Social Structure & Issues
- Demographic Trends, Urbanization & Migration
- Gender Issues & Social Justice
- Multiculturalism in India
Important Sources for ESI Preparation
Choosing the most effective study material that can cover all the topics that make up the RBI Grade B syllabus is essential. Let’s throw light on some of the best resources for Phase 1 and Phase 2 preparation.
Books:
- Indian Economy – Uma Kapila / Misra & Puri
- Growth and Development – Debraj Ray
- Public Finance – K.K. Andley & Sundaram
Reports & Surveys:
- Economic Survey of India
- RBI Annual Report
- World Development Report
- IMF’s World Economic Outlook
Newspapers & Magazines:
- Mint, Business Standard, RBI Bulletin, EPW
RBI Grade B ESI Preparation Expert Tips
The ESI is an important section in the RBI Grade B exam. It makes up a major part of the marks in both Prelims and Mains covering topics like economic policies, social issues, and current affairs. Candidates who perform well in ESI score higher and improve their chances of maximizing their overall score. In addition, a strong knowledge of ESI can also help you clear the interview round, which is also an important part of the exam.
Here are some of the most result-oriented tips that you need to follow to master this section:
1. Master the Objective Section
The objective section consists of 30 multiple-choice questions (MCQs) covering government schemes, economic reports, and financial updates. To maximize your score:
- Revise Previous Year Questions: PYQs from 2023 and 2024 show a trend of questions on government schemes like PM-KISAN, Stand-Up India, and World Economic Reports.
- Stay Updated on Current Affairs: At least 6 months of current affairs are crucial. Focus on the Economic Survey, Union Budget, and RBI Reports.
- Memorize Key Schemes & Reports: ESI has a strong focus on financial inclusion schemes, employment programs, and gender equality initiatives.
Pro Tip: Create flashcards for important schemes. Note the year in which they were launched and their main objectives.
2. Excel in Descriptive Answer Writing
Descriptive questions carry 50 marks, making them a game-changer in scoring high. The key is to write structured, well-argued responses with relevant data.
Common Descriptive Topics (PYQs Analysis)
Here are the topics that appeared in last year’s exam and frequently test a candidate’s knowledge every year:
2023 Topics:
- Macroeconomic Effects of Climate Change
- UNDP’s Strategy for Gender Equality
- Direct & Indirect Monetary Policy Measures
- Govt Schemes for Poverty Alleviation
2024 Topics:
- Sustainable Development vs. Economic Growth
- Youth Unemployment in India
- Digital Initiatives from Union Budget 2024-25
- AI in the Banking Sector
How to Approach Descriptive Answers?
You should also know the strategy for answering descriptive answers. Here are points to remember and implement to maximize the score of the descriptive part of the exam:
- Use the PESTEL Framework: Discuss Political, Economic, Social, Technological, Environmental, and Legal aspects.
- Incorporate Data & Reports: Use in your answers the figures from the Economic Survey, World Bank, IMF, and NITI Aayog reports.
- Maintain a Clear Structure: Follow a format in which first comes the ‘Introduction’ then ‘Body’ and lastly ‘Conclusion.’
Pro Tip: Practice writing at least two descriptive answers every day. Evaluate them or get them evaluated by someone who is the subject expert.
RBI Grade B ESI Section-Wise Preparation Plan
To maximize your score, you need to divide your study plan into manageable sections. This will help you focus better. Each part will build your knowledge of important ESI topics. So, you need to start with the foundation. That is to say, start with concepts and then gradually move to advanced ones. Add previous years’ questions and mock tests in your practice. Then, you will have to focus on refining your mock test-taking skills and managing your time well. Check out the plan below to get an idea about how you should start and move on further for best results:
Week 1-2: Indian Economy & Growth
- Study Economic History, Growth & Development Concepts
- Learn about Poverty Alleviation, Sustainable Development, and Employment Programs
- Practice Previous Years’ Question Papers from past 3 years
Week 3-4: Government Policies & Reports
- Memorize Economic Survey, RBI Annual Report Highlights
- Revise Banking & Financial Market Concepts
- Take Weekly Mock Tests
Week 5-6: Globalization & Social Issues
- Focus on IMF, World Bank, WTO Reports
- Revise Demographic & Social Justice Issues
- Practice Writing 5 Descriptive Answers per week
Week 7-8: Mock Tests & Revision
- Take full-length mock tests every 2 days
- Revise PYQs, Key Schemes, Reports
- Practice Descriptive Writing Under Timed Conditions
RBI Grade B 2025 Mock Test Strategy
Mock tests play an important role in ESI preparation. Here’s how you can make the most of them:
- Attempt at least 10 full-length tests before the exam.
- Analyze mistakes
- Revise weak areas.
- Improve answer structuring for descriptive questions.
RBI Grade B ESI Expert Tips: Takeaway
- Stay Updated on Economic News: Read newspapers like the Business Standard, Mint, and PIB daily.
- Revise PYQs & Government Reports: The PYQs and government reports-related questions have a high probability of repetition.
- Develop Analytical Skills: Practice writing essays on current economic issues.
- Take Mock Tests: Take as many mock tests as possible to ensure you keep on improving with every passing day.
- Work on Time Management: Take full-length mock tests within the official time of the real RBI Grade B exam to replicate the exam environment. This practice will train you to answer questions under timed conditions and so in the real exam as well.
- Stay Consistent & Stay Confident: Keep practicing and never give up. Be confident of your success.
Conclusion
If you want to master the RBI Grade B ESI paper you need to master ESI-related concepts, its facts, and polish your analytical skills. If you follow the above plan regularly and diligently, nobody can stop you from scoring high in the ESI part and clearing the upcoming exam with flying colours. Don’t forget that your performance in this part of the exam can help you secure your dream job at the RBI. Start your preparation by taking 1 FREE RBI Grade B Mock Test now & start your journey towards success!
FAQs
The ESI section assesses candidates’ knowledge of India’s economic environment, financial markets, social issues, and global economic developments.
The ESI section is worth 100 marks in total, divided between objective and descriptive questions.
Revise previous year’s questions, stay updated on current affairs, and memorize key government schemes and reports.
The syllabus includes topics like Growth & Development, Indian Economy, Globalization, International Economy, and Social Issues.
Use the PESTEL framework, incorporate data and reports, and maintain a clear structure in your answers.
Attempt at least 10 full-length mock tests, analyze mistakes, and practice descriptive writing under timed conditions.
Focus on conceptual clarity for the objective section and practice writing structured answers for the descriptive section.
Stay updated on economic news, government schemes, and reports to improve your knowledge and perform well in the exam.
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