Preparing for RBI Grade B 2018: Strategies for Working Professionals

Are you a working professional looking to prepare for the RBI Grade B 2018 exam, which is scheduled to be held on August 16, 2018, for Phase 1? If yes, this article is for you. We will explore strategic tips on how to fit your preparation into a busy work schedule and what steps you can take to increase your chances of success.

Understanding the Exam Structure

The RBI Grade B exam is broadly divided into two phases. The first phase tests your knowledge of economics, banking, and other related subjects, while the second phase includes detailed case studies and essays.

What If You Have Already Studied for Phase 2?

If you have already covered the materials for the second phase, you should still be able to prepare adequately for the first phase in just one month. Here’s how to structure your study plan:

Step 1: Purchase and Watch OliveBoard Concept Videos

Getting a crash course in essential concepts is crucial. OliveBoard offers comprehensive concept videos that explain key topics in an easy-to-understand manner. These videos can be watched in your free time, making it easier to fit your preparation into a busy schedule.

Step 2: Attempt Topic-wise Tests on OliveBoard

Avoiding rote learning, OliveBoard provides topic-wise tests that help you assess your understanding of each concept. This will not only reinforce your knowledge but also prepare you for the exam format and question types.

Focus on Current Affairs

The current affairs section is one of the most challenging parts of the RBI Grade B exam. With less than a comprehensive range of topics, you need to be selective and thorough in your preparation. Here’s how you can approach this:

Deep Dive into Recent Economic News and Policies

Covering the policies issued by the Reserve Bank of India (RBI) and other relevant economic news from the last six months is essential. This will ensure that you are up-to-date and can answer questions effectively.

Avoid Overlooking Key Topics

While it’s tempting to skip topics that seem less relevant, ensure you cover all aspects of current affairs. Commonly tested areas include:

New banking regulations Economic policies and their impact on the Indian economy International economic trends and their relevance to India RBI’s role in monetary policy

Mock Tests and Practice

To get a feel for the exam format and to improve your performance, it is crucial to take mock tests.

Attempt RBI Grade B Phase 1 Mock Tests on OliveBoard

OliveBoard provides a series of mock tests that simulate the actual exam environment. Regular practice will help you:

Become familiar with the question patterns Identify your weak areas and work on them Build time management skills Boost your confidence

Final Notes

It is important to note that if you have not studied the Phase 2 syllabus, it is not advisable to only focus on Phase 1. The gap between the two phases is very short, and you will need to cover a vast amount of material in a short time.

By following a structured preparation plan and focusing on the key areas, you can increase your chances of success in the RBI Grade B 2018 exam.