Finance and Management

Finance and Management for RBI Grade B 2022. In this Article we will Discuss How to Prepare Finance and Management for RBI grade B 2022. Here We have systematically Arranged the Finance and Management Notes, Book and Video Tutorials for RBI Grade B, SEBI Grade A and Other Bank Specialist Officer Exam.


Finance and Management for RBI Grade B 2022


RBI Grade B 2022 : Pattern of ESI and FM and Descriptive Section

For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each).

In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each).

In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.

RBI Grade B 2022 :  Few Changes in Syllabus of Finance and Management

Syllabus for Phase II is unchanged except introduction of Ethics in Management Part and removal of few topics from Finance Portion, Due to corporate frauds Ethics and Corporate Governance becomes important in the current context and it has been added into syllabus and also FinTech has been added as Topic in Finance. Most of the Numerical topics have been removed from Finance and Syllabus of Management has been made more clear.

new exam pattern of RBI Grade B exam
Finance and Management New Syllabus : RBI Grade B 2022
(I) Finance
a) Financial System
1. Regulators of Banks and Financial Institutions
2. Reserve Bank of India- functions and conduct of monetary policy
3. Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector.
4. Impact of the Global Financial Crisis of 2007-08 and the Indian response
b) Financial Markets
Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.
c) General Topics
1. Risk Management in Banking Sector
2. Basics of Derivatives
3. Global financial markets and International Banking – broad trends and latest developments.
4. Financial Inclusion
5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
6. Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector.
7. The Union Budget – Concepts, approach and broad trends
8. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends; striking a balance between inflation and growth through monetary and fiscal policies.
9. FinTech
Suggested reference material:
  • Indian Financial System - Bharti Pathak
  • Financial system: FAQ sections of SIDBI, NABARD, EXIM etc., websites, RBI website FAQ, Current affairs capsules
  • Major financial newspapers
  • RBI Annual Report, Report on Trend and Progress of Banking in India, etc.
  • Economic Survey
  • Material sourced from RBI website
(II) Management:
Fundamentals of Management & Organizational Behavior: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory
Meaning & concept of organizational behaviorPersonality: meaning, factors affecting personality, Big five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory).
Leadership: Concept, Theories (Trait, Behavioral, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organizational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).
Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.
Books for Management
  • Introduction of Management by Stephen P Robins
  • Summery Sheer by EduTap (Free Available in Telegram Channel)
  • Principles of Management by L.M. Prasad

Ethics at the Workplace and Corporate Governance:

Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.

Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance

Books for Management
  • Fernando A.C.: Business Ethics – An Indian Perspective.
  • Crane Andrew & Matten Dirk: Business Ethics
  • Ghosh B N: Business Ethics & Corporate Governance

RBI Grade B : Suggested Chapters from Different Books

The India Financial System – Bharati V Pathak

1. The Financial System: An Introduction
3. Reforms in Financial System
4. The Money Market
5. The Capital Market
6. The Primary Market (Do not go to the every details and procedures, understand terms and concepts)
8. The Secondary Market (Do not go to the every details and procedures, understand terms
and concepts)
9. The Derivative Market (Understand 4 types of derivatives, do not go into details)
13. Banking and Non-Banking Institutions
14. Management of NPAs by banks
15. Mutual Funds (page 537-540)
19. Credit Rating (Introduction only)
24. Financial Regulation


Principles and Practices of Management (L M Prasad)

1. Introduction to management
4. Social Responsibility and Ethics
5. Fundamentals of Planning (not in all details)
6. Organizational Plans (not in all details)
8. Fundamentals of Organizing (not in all details)
9. Power and Authority
10. Conflict and Coordination (not in all details)
11. Organizational Change
12 Fundamental of staffing
13. Employee Development and Performance Appraisal
14 Fundamentals of Directing (in complete details)
15. Motivation (in complete details)
16. Leadership
17. Communication


Financial Management (Prasanna Chandra)

3. Financial Statements
4. Analysis of Financial Statement
6. Time Value of Money
7. Valuations of Bonds and Stocks
8. Risk and Return (do not study in detail) - study about Beta
11. Techniques of Capital Budgeting
40. Corporate Risk management


Finance Theory Book PDF Download

Financial Management Theory and Practice by Prasanna Chandra - Download
Indian Financial System by Bharti Pathak - Download
Finance Numerical Books PDF Download

Macmillan's Accounting and Finance For Bankers - Download

Macmillan's Principles and Practices of Banking - Download

Management Books PDF Download

Organization Behavior by Stephen P Robins - Download

Management By Stephen P Robins - Download

Principle of Management by P.C.Tripathi - Download



How to Join NABARD | RBI Grade B 2022 Discussion Group on Telegram

Step - 1. Download Telegram App From Play store.

Step - 2. Login with Your Mobile Number.

Step - 3. Search @rbigradebxam In the Search Box to Join Group.

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