RBI conducts Grade B Exam to recruit Grade B Officers. Since it is a national-level exam, thousands of students apply for it. However, most candidates are not fully aware of the books they should refer to, in order to clear this exam in one go. The Grade B Exam is conducted in two phases. The first phase is an online examination comprising objective-type questions. The second phase is an online examination consisting of both objective and descriptive questions.
The RBI Grade B books that need to be referred according to the subjects of the phase I exam are listed below:
| Subjects | Books to be referred | Writer/Publication |
| English | High School Grammar & Composition | Wren & Martin |
| Objective General English | S. P. Bakshi | |
| Word Power Made Simple | Norman Lewis | |
| Logical Reasoning | Analytical Reasoning | M. K. Pandey |
| Verbal & Non-Verbal Reasoning | R. S. Aggarwal | |
| Banking Awareness | Banking Awareness for SBI & IBPS Bank Clerk/PO/RBI Exams/RRB | Disha Experts |
| Banking Awareness | Arihant Experts | |
| Quantitative Aptitude | Magical Book on Quicker Maths | M. Tyra |
| Quantitative Aptitude for Competitive Examinations | R. S. Aggarwal | |
| How to Prepare for Quantitative Aptitude or CAT | Arun Sharma |
English Writing
In the phase II Exam, the English Writing paper analyses the writing abilities of the candidates. Therefore, there are no specific reference books for this subject as candidates can enhance their knowledge of words and writing style. The candidates must read various types of books and newspapers to get themselves acquainted with different writing styles. Also, they can check Wren and Martin to figure out how to write grammatically correct sentences.
Finance Management
The candidates can refer to the following topics to get a hold on the topics associated with Finance Management:
| Book Name | Writer/Publication |
| Indian Economy | Mishra and Puri |
| Indian Economy | R. Dutt and KPM Sundaram |
| Monetary Theory and Public Policy | Kenneth Kurihara |
| An Introduction to Economics | A. W. Stonier and DC Hauge |
| Public Finance | K. K. Andley and Sundaram |
| Economic Growth and Development | Mayer and Baldwin |
| Financial Management | Prasanna Chandra |
Apart from these books, the candidates should also read newspapers covering topics related to politics, policymaking, economics, and financial matters extensively.
Economic and Social Issues
The books that the candidates should refer to for covering the topics related to Economic and Social Issues are listed below:
| Book Name | Writer/Publication |
| Sociology | C. N. Shankar Rao |
| Growth and Development | Devray Ray |
| Indian Economy | Uma Kapila (Book Series) |
| Indian Economy | Mishra and Puri (Latest Edition) |
The other materials that can help the candidates to stay updated with the latest news and proceedings related to social issues and economics are mentioned below:
| Reference Material | Particulars |
| Magazines and Bulletins | RBI Bulletins |
| Yojana | |
| Southern Economist | |
| Economic and Political Weekly | |
| Business India | |
| Newspapers | Hindu |
| Economic Times | |
| Business Standard | |
| Reports | Economic Survey of India |
| World Development Report |
The candidates can also watch news channels highlighting social issues and economics to remain updated with the latest news and events.
Apart from these books, the candidates should go through the previous years’ question papers of Grade B Exams. It will help them to understand the difficulty level and type of questions asked in these exams. As 0.25 marks are deducted for every wrong answer, candidates should answer only the questions they are confident about.
Conclusion
Once the candidates go through the reference books, they should practice mock tests and quizzes thoroughly. BYJU’S Exam Prep allows the candidates to prepare comprehensively by offering test series, updates on current affairs, online courses, GK updates, and much more. They can also take up the mock test for RBI Grade B Exam without paying anything. It is specially created by knowledgeable tutors and experts to help candidates score well in this exam.