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RBI Grade B 2021

Phase-II Memory-Based
Questions

FORFORRBIRBIGRADE B EXAM
Grade B EXAM
RBI Gr. B 2021 Phase-II Memory Based Questions Free RBI Gr. B e-book

RBI Grade B 2021

Phase-II Memory Based Questions

Contents
I. Finance and Management .................................................................................................................. 1
Objective Type Questions .................................................................................................................. 1
Types of Questions Asked .................................................................................................................. 1
FM Objective Memory Based Questions ........................................................................................... 2
Descriptive Questions ........................................................................................................................ 3
15 Markers Questions .................................................................................................................... 3
10 Marker Questions ...................................................................................................................... 3
II. English (Descriptive English) .............................................................................................................. 3
Topics of Essay-Writing ...................................................................................................................... 3
Precis Writing ..................................................................................................................................... 3
Reading Comprehension .................................................................................................................... 3
III. Economic & Social Issues (ESI) .......................................................................................................... 4
ESI Objective Memory Based Questions ........................................................................................... 4
Descriptive Questions ........................................................................................................................ 5
15 Marker Questions ...................................................................................................................... 5
10 Marker Questions ...................................................................................................................... 5
IV. RBI Grade B Online Preparation by Oliveboard ............................................................................... 5

I. Finance and Management

Objective Type Questions

A total of 30 questions (50 marks) were asked, out of which 20 questions were of 2 marks
each and 10 questions of 1 mark each were asked.

Types of Questions Asked

1. Comprehension based.
RBI Gr. B 2021 Phase-II Memory Based Questions Free RBI Gr. B e-book

2. Case study based or information-based questions.

3. The question pattern consisted of four sets of two questions each, that is a total of 8
questions and four sets of three questions each, that is a total of 12 questions.

FM Objective Memory Based Questions

1. A paragraph on electronic toll collection (3 questions)

2. Who introduced NETC?

3. What is the technology used in NETC?

4. A paragraph on Regulatory sandbox.

5. paragraph on language translation.

6. A paragraph on barriers of communication.

7. Portal related to language translation.

8. Name of mission launched by government for language translation.

9. A paragraph on Organisation behaviour (3 questions).

10. Which type of justice is related to employees input to appropriate Output?

11. Which of the following will involve study of psychological aspect?

12. Which of the following deal with team process?

13. A paragraph on infrastructure and PPP,

14. Which of the models is described in the paragraph? – Hybrid annuity model

15. Ratio of support provide by government on construction and operation phase will be –
40:60.

16. In which sector PPP model is majorly used?

17. A paragraph on Capital market.

18. ASBA related paragraph-based question.

RBI Gr. B 2021 Phase-II Memory Based Questions Free RBI Gr. B e-book

Descriptive Questions

15 Markers Questions

1. What is Corporate Governance? What are the key principles of Corporate Governance?

2. Functions of regulatory bodies like SIDBI, EXIM, NABARD, NHB.

3. Basel Norms and pillars of Basel III norms.

10 Marker Questions

1. Discuss 5 major announcements in Budget 2021-22.

2. Discuss the differences between Transformational and Transactional Leadership.

3. What is meant by behavioural reinforcement? Elaborate on Positive and Negative

Reinforcement.

II. English (Descriptive English)

Topics of Essay-Writing

1. Future of BPO industries in India

2. Importance of creative thinking in business.

3. Pros and cons of teaching coding or computer language to school students.

Precis Writing

1. Paragraph based on Sand mining – Urbanisation.

Reading Comprehension

1. Based on Counter Economics – Black marketing.

RBI Gr. B 2021 Phase-II Memory Based Questions Free RBI Gr. B e-book

III. Economic & Social Issues (ESI)

Current Affairs Coverage: The Current Affairs Questions were asked from the last 6 months.

ESI Objective Memory Based Questions

1. India’s GDP predicted by an intergovernmental economic organisation headquartered in

Paris is ____ in 2021-22.

2. One comprehension-based question on the Topic OECD’s Economic outlook.

3. A paragraph related to PM KISAN scheme and question set are related to those questions.
• Which of the following is not true related to the scheme?
• Benefits of the scheme.
• The platform which provides information to farmers related to the various issue.

4. A question on AMRUT scheme.

5. A paragraph on Sustainable development.

6. Which of the following countries plays important role in accomplishing viable

environmental and population tolerance?

7. Advantage of foreign trade and investment.

8. Instruments of liquidity management will include?

9. Statement based question on Budget.

10. One nation one ration card scheme – statement-based question.

11. Economic survey 2020-2021 India’s real GDP is expected to record an 11.0% growth in FY
2021-222 the highest since independence due to:

12. Which of the following is not an objective of the four-labour code?

13. Which of the following is an e-governance initiative in the health care sector – NIKSHAY
platform.

14. At TRIPS council of WTO, the waiver proposed by South Africa and India for –

15. Operation green – which of the following statement is true?

16. Which of the following is true regarding the RBI liquidity management framework?
RBI Gr. B 2021 Phase-II Memory Based Questions Free RBI Gr. B e-book

17. SVAMITA related question.

Descriptive Questions

15 Marker Questions

1. A question related to 15th Finance Commission,

2. Global financial crisis and its after-effects on different aspects of globalization.

3. Different methods of poverty measurement and what are its advantages and
disadvantages.

10 Marker Questions

1. Discuss 3 measures related to disinvestment of Strategic Sectors and Non-Strategic Sectors

in Union Budget 2021-22.

2. List down India’s climate change commitment.

3. Demographic transition-related question.

IV. RBI Grade B Online Preparation by Oliveboard

Check out Oliveboard’s Online Preparation Courses for RBI Grade B comprising of
Video Lessons, Study Notes, Current Affairs, English Descriptive, Topic Tests, Mock
Tests for Phase-1, and Phase-2 (Objective + Descriptive Tests) and much more.

Have a look at the course here.

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