How Should one Plan his Preparation for RBI?

Phase 2 Prep Phase 1 Prep

Silver Gold
 What are 4 Pillars of RBI Phase 2 Preparation?

4 Pillars of RBI Ph 2 Preparation

Descriptive English
Current Affairs
Finance Static

ESI Static

75 35 110 80
 How should I plan my Phase 2 Preparation?

Idealistic Plan

1. FM static
2. ESI Static
3. Current Affairs
4. Reports
Lets Talk about something Realistic
5. Schemes
6. Essay Writing
7. Quant
8. Reasoning
9. English
10. News paper Reading
 How should I plan my Phase 2 Preparation?

Depends upon Time

6 to 8 months of Preparation Time 3 to 4 Months of Preparation Time

 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

The Art of doing limited things at one time

 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. There are around 30-40 chapters. 2.5 to 3 days per chapter

2. Do not leave the descriptive part (Mind Maps, Summary Sheets can be left for now).
3. Do not look to cover important chapters only
4. Recall and not only Recognition
5. Less Focus on Numerical
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Learn the technicalities of writing an essay, precis and comprehension

2. Read Editorials from One Financial and one Non-Financial Newspaper
3. Write (Type) in notepad whatever you read after 3 days in your own words either as an
Essay or Precis
4. Write with in time limit and word limit
I. Essay - 20-25 minutes and 300 words
II. Precis – 20 minutes and 170 words

4. Check your grammatical mistakes using Grammarly.com

Silver Gold
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. 6 months of current affairs shall be given priority

2. Focus on Facts
3. No need to cover news separately from any newspaper
4. Economics and FM current affairs at times are inseparable
5. Integrated preparation of current affairs for Ph1 and Ph 2
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Need to cover these chapters first - Growth and Development, Monetary Policy, Fiscal Policy, Inflation, BOP
2. Social Structure in India – Multiculturalism, Gender Issues, Demographic Trends, Urbanization and Migration,
Social Movements, Indian Political System, Social Sectors in India, Health and Education – Mainly current oriented
3. Important chapters for descriptive Part - Growth and Development , Poverty Alleviation and Employment
Generation in India, Sustainable Development and Environmental issues, Priorities & Recommendations of
Economic Survey & Union Budget, Changes in Industrial & Labour Policy, Industrial Developments in India, Indian
Agriculture, Opening up of the Indian Economy and Balance of Payments, International Economic Institutions –
IMF and World Bank – WTO, Human Development, International Economic Issues, Social Sectors in India- Health
and Education
4. Descriptive Practice and Integrating CA in the descriptive writing
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Reports for last 6 to 9 months are important

2. Reports by International organizations or National Government Organizations such as
UN, UNICEF, IMF, WEF, WTO, World bank, Niti Ayog, RBI etc. are important
3. Do not leave reports released by private organizations
4. Thumb rule for Reports – cover them from newspapers first if you have less time
5. Read schemes which are news in past 6 to 9 months – SchemesTap /MSD
6. Revision of FM shall not be ignored
7. Try to map reports and schemes with topics in ESI Static.
Silver Gold
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Revision is more than just looking through again

 How Should one Plan his Preparation?

Phase 2 Prep Phase 1 Prep

Non-Working Candidates shall not have any problem

Working Candidates can Plan one among quant and

Reasoning on Fridays, Sat and Sundays

For English -> Practice lot of sectional Tests

Practice and
Quant Reasoning Mock Tests Practice Lot of Questions and Sectional Tests
English
Cover from basics -> Shortcuts are not useful in this exam
Silver Gold
 How should I plan my Phase 2 Preparation?

Depends upon Time

6 to 8 months of Preparation Time 3 to 4 Months of Preparation Time

What if Less Time?

 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. There are around 30-40 chapters. 1 chapter per day.

a) In Management skip videos, Read Notes, and Attempt Quizzes
b) In Finance, many chapters are not technical (Read only notes, skip videos) – Financial Inclusion, Alternate
Sources of Finance, PPP, Role of E-governance, Corporate governance, Banking System in India, Changing
Landscape, Financial Institutions NABARD SIDBI EXIM, NHB and SEBI
c) Focus more on important chapters first.
2. Do not leave the descriptive part (Mind Maps, Summary Sheets can be left for now). Attempt 1 or 2 questions per
chapter and for rest of the questions just try to make some bullet points
3. Recall and not only Recognition
4. Less Focus on Numerical – Leave Numerical Based chapters altogether – Income stat and Balance sheet, Cash Flow,
Equity Valuation. In Ratios try to understand different categories of Ratios
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. 3 months of current affairs shall be given priority. Once recent 3 months are
covered target shall be 3 more months of current affairs
2. Focus on Facts
3. No need to cover news separately from any newspaper
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Reports for last 6 months shall be given priority

2. Reports by International organizations or National Government Organizations such as
UN, UNICEF, IMF, WEF, WTO, World bank, Niti Ayog, RBI etc. are important
3. Do not leave reports released by private organizations
4. Thumb rule for Reports – Cover them from newspapers first if you have less time
5. Try to map reports and schemes with topics in ESI Static.
 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Cover Schemes for 6 months in news – SchemesTap/MSD

 How should I plan my Phase 2 Preparation?

Perfectly Executable by working Candidates

1. Need to cover these chapters first - Growth and Development, Monetary Policy, Fiscal Policy, Inflation, BOP
2. Social Structure in India – Multiculturalism, Gender Issues, Demographic Trends, Urbanization and Migration,
Social Movements, Indian Political System, Social Sectors in India, Health and Education – Mainly current oriented
3. Important chapters for descriptive Part - Growth and Development , Poverty Alleviation and Employment
Generation in India, Sustainable Development and Environmental issues, Priorities & Recommendations of
Economic Survey & Union Budget, Changes in Industrial & Labour Policy, Industrial Developments in India, Indian
Agriculture, Opening up of the Indian Economy and Balance of Payments, International Economic Institutions –
IMF and World Bank – WTO, Human Development, International Economic Issues, Social Sectors in India- Health
and Education
4. Descriptive Practice and Integrating CA in the descriptive writing
 How should I plan my Phase 2 Preparation?

1. Revision is more than just looking through again

Descriptive English
1. Learn the technicalities of writing an essay, precis and comprehension
2. Read Editorials from One Financial and one Non-Financial Newspaper
3. Write (Type) in notepad whatever you read after 3 days in your own words either as an Essay
or Precis
4. Write with in time limit and word limit
I. Essay - 20-25 minutes and 300 words
II. Precis – 20 minutes and 170 words

4. Check your grammatical mistakes using Grammarly.com

 How Should one Plan his Preparation?

Phase 2 Prep Phase 1 Prep

Working Candidates can Plan one among quant and

Reasoning on Fridays, Sat and Sundays

Practice Lot of Questions and Sectional Tests

Practice and Cover from basics -> Shortcuts are not useful in this exam
Quant Reasoning Mock Tests
In Quant and Reasoning, work up on the weak topics to
understand the basics
 How should I plan my Phase 2 Preparation?

After Notification Depends upon Time

6 to 8 months of Preparation Time 3 to 4 Months of Preparation Time

What if Less Time?

How should I plan my Preparation after Notification?