Best RBI Grade B Books 2024: Must-Have Books for Success


This blog post is your one-stop guide to the Best RBI Grade B Books 2024. We’ll delve into a curated selection of books that cater to all three phases of the selection process – the prelims, the mains, and the interview stage. Whether you’re a seasoned exam warrior or just embarking on your RBI Grade B journey, this guide will equip you with the knowledge and resources needed to excel.

The dream of a career with the Reserve Bank of India (RBI) ignites a fire in many aspiring financiers. The RBI Grade B Officer exam is a highly sought-after gateway to a world of prestige, intellectual challenge, and the power to shape India’s financial landscape. But conquering this competitive exam requires a well-crafted strategy, and the right study materials form a cornerstone of your success.

So, grab your pen, bookmark this page, and get ready to dive into the world of essential books that will propel you towards becoming an RBI Grade B Officer!

Best RBI Grade B Books 2024
Best RBI Grade B Books 2024

Best RBI Grade B Books 2024 : Must-Haves for Phase-Wise Success

Conquering the RBI Grade B exam demands a strategic approach and the right resources. Here’s a curated list of the best books for 2024, categorized to empower your preparation for each phase:

Phase 1: Best RBI Grade B Books 2024 For Prelims

  • Quantitative Aptitude:

    • Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal: This classic covers all essential mathematical concepts and problem-solving techniques, with ample practice questions.
  • Reasoning Ability:

    • Verbal and Non-Verbal Reasoning by R.S. Aggarwal: This comprehensive guide tackles both verbal and non-verbal reasoning, including puzzles, arrangements, and critical thinking questions.
  • English Language:

    • Word Power Made Easy by Norman Lewis: Build a strong vocabulary foundation with this user-friendly guide that simplifies word meanings and usage.
    • Objective English for Competitive Exams by SP Bakshi: Packed with practice exercises and explanations, this book sharpens your grammar, comprehension, and writing skills.
  • General Awareness:

    • Banking Awareness by Disha Experts: Get a comprehensive overview of the Indian banking sector, financial institutions, and key economic concepts.
    • Lucent’s General Knowledge Book: This comprehensive book covers a wide range of topics in static GK, current affairs, and science for a well-rounded knowledge base.
Best RBI Grade B Books 2024
Best RBI Grade B Books 2024

Check the Books for Phase 1: Best RBI Grade B Books 2024

Phase 2: Best RBI Grade B Books 2024 For Mains

  • Economic & Social Issues (ESI):

    • Indian Economy by Ramesh Singh: Gain a thorough understanding of the Indian economy, its growth patterns, challenges, and government policies.
    • Economic and Social Issues by Uma Kapila: This book delves into key social and economic issues like poverty, inequality, and development strategies.
  • Finance & Management (FM):

    • Prasanna Chandra’s Fundamentals of Financial Management: Master the fundamentals of financial management, including financial analysis, valuation, and investment decisions.
    • Indian Financial System by Bharati V. Pathak: Gain insights into the Indian financial system, its various institutions, and their roles in the economy.
  • English Language:

    • High-level English Grammar & Composition by Wren & Martin: This classic text refines your grammar skills and boosts your writing proficiency.
    • The Hindu Newspaper (Editorial Section): Develop your analytical thinking and reading comprehension skills by regularly reading high-quality editorials and articles.

Phase 3: Best RBI Grade B Books 2024 For Interview 

  • RBI Grade B Officer Interview by Rashmi Singh: This book provides valuable tips for acing the interview stage, including expected questions, answer strategies, and personality development techniques.

Remember: This list serves as a starting point. Explore additional resources based on your learning style and individual needs.

By strategically utilizing these books and practicing consistently, you can significantly increase your chances of securing a coveted position as an RBI Grade B Officer!

Best RBI Grade B Books 2024
Best RBI Grade B Books 2024

Jobs and posts provided by”RBI Grade B 2024 Exam”

The RBI Grade B 2024 exam recruits officers for various positions within the Reserve Bank of India. These positions can be broadly categorized into three categories:

  1. Officers in Grade ‘B’ (DR) – General: This is the largest category and offers the most vacancies. These officers handle a wide range of responsibilities in areas like regulation, supervision, monetary policy, foreign exchange management, and financial markets.
  2. Officers in Grade ‘B’ (DR) – DEPR (Department of Economic Research):  These officers specialize in economic research and analysis. They contribute to policy formulation, conduct research on economic issues, and prepare reports for the RBI.
  3. Officers in Grade ‘B’ (DR) – DSIM (Department of Statistical Methods):  These officers focus on statistical analysis and data management. They play a crucial role in collecting, processing, and analyzing data used for economic research, policy decisions, and risk management within the RBI.

While the core responsibilities may differ slightly, all RBI Grade B officers enjoy a challenging and rewarding career path with opportunities for growth and leadership within the prestigious institution.

Best RBI Grade B Books 2024
Best RBI Grade B Books 2024

Best RBI Grade B Books 2024: Eligibility Checklist for Aspiring Officers

The Reserve Bank of India (RBI) Grade B exam has specific eligibility criteria to ensure candidates possess the necessary academic background and age for this esteemed position. Here’s a concise breakdown of the key requirements for the 2024 recruitment process:

Age Limit:

  • Applicants should be between 21 and 30 years of age as on the specified cut-off date.
  • Relaxation in the upper age limit is available for candidates belonging to reserved categories:
    • OBC: 3 years
    • SC/ST: 5 years
    • PwBD: 10 years (13 years for OBC-PwBD & 15 years for SC/ST-PwBD)


The nationality criteria for the RBI Grade B 2024 exam are designed to ensure that selected candidates can legally occupy the position within India. Here’s a breakdown:

  • Indian Citizen: This is the primary requirement. You must be a citizen of India.

  • Exceptions for Specific Countries:

    • Nepal or Bhutan: Subjects of Nepal or Bhutan can also apply.

    • Tibetan Refugees: Tibetan refugees who arrived in India before January 1, 1962, with the intention of permanent settlement are eligible.

    • Persons of Indian Origin: People of Indian origin who migrated from specific countries with the intention of permanently settling in India can apply. These countries include:

      • Pakistan
      • Burma (now Myanmar)
      • Sri Lanka
      • East African nations of Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire (now Democratic Republic of the Congo), Ethiopia, and Vietnam.

The key takeaway is that the RBI Grade B 2024 exam is open to Indian citizens and a few specific categories of candidates from neighboring countries with a proven intention of permanent residency in India.

Number of Attempts

The number of attempts allowed for the RBI Grade B exam depends on the candidate’s category:

  • General category (UR): For candidates belonging to the general category, there is a limit of six attempts. This means you can appear for the RBI Grade B exam a maximum of six times.

  • Reserved categories (SC/ST/OBC/PwBD/EWS): There is no restriction on the number of attempts for candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST), Other Backward Class (OBC), Persons with Disabilities (PwBD), and Economically Weaker Section (EWS) categories.

It’s important to note that this information is based on current trends and past RBI recruitment processes. The official notification for the RBI Grade B 2024 exam might have slight variations, so be sure to double-check the latest guidelines for the most accurate details.

Educational Qualification

The RBI Grade B 2024 exam sets specific educational qualifications to ensure candidates possess the necessary academic background for this challenging role. Here’s a breakdown of the key requirements:

Minimum Requirement:

  • A Bachelor’s degree from a recognized university in any discipline.

Marks Requirement:

  • For candidates from the General category, a minimum of 60% marks in aggregate (combined percentage across all semesters/years) is required.
  • SC/ST/PwBD candidates need a minimum of 50% marks in aggregate.

Specialized Officer Posts (DEPR & DSIM):

  • For aspirants aiming for specialized officer posts in the Department of Economic Research (DEPR) or Department of Statistical Methods (DSIM), a Master’s degree is necessary.
  • The Master’s degree can be in Economics, Finance, Statistics, or a closely related field.
  • The minimum marks requirement for these specialized roles is 55% marks in aggregate for General and OBC categories, and pass marks for SC/ST/PwBD candidates.

Additional Points:

  • Final year students appearing for their exams can also apply.
  • The minimum marks are based on the aggregate marks of all semesters/years, not individual semesters.

Refer to Official Notification:

It’s crucial to consult the official RBI notification for the 2024 exam to ensure you meet all the eligibility criteria in detail. The notification might specify any variations in the requirements or mention additional educational qualifications that might be considered.


The salary structure for the RBI Grade B 2024 exam is quite attractive and offers a competitive package. However, it’s important to understand that the exact figures might not be confirmed until the official notification is released. Here’s what we can tell you based on past trends and general knowledge:

Pay Scale

RBI Grade B officers are typically placed in Scale III of the Central Pay Commission (CPC). This translates to a starting basic salary in the range of ₹35,400 to ₹49,900 per month (pre-revision).

Total Compensation

In addition to the basic salary, RBI Grade B officers receive various allowances that significantly increase their take-home pay. These allowances may include Dearness Allowance (DA), House Rent Allowance (HRA), transport allowance, and other benefits as per government norms. The exact amount for these allowances can vary depending on factors like your location and position.

Annual Increments

  • Your basic salary increases periodically based on the defined pay scale and increments.

  • Overall CTC: Considering the basic pay, allowances, and potential future revisions, you can expect a competitive annual CTC (Cost To Company) exceeding ₹10 lakhs for an RBI Grade B officer.

Here’s why the exact figure might not be available yet:

The Central Pay Commission periodically revises pay scales for government employees. The upcoming revision might affect the starting basic salary offered.

Reliable Sources for Salary Information:

  • Once the official notification for the RBI Grade B 2024 exam is released, it will contain the most up-to-date and specific details about the salary structure and allowances offered.
  • You can also refer to the website of the Reserve Bank of India for information on salary structures for its employees.

By staying informed through these resources, you can get the most accurate picture of the compensation package associated with the RBI Grade B position.

Selection process

The RBI Grade B 2024 exam follows a three-stage selection process designed to assess a candidate’s knowledge, skills, and suitability for the role. Here’s a quick breakdown of the exam pattern:

Stage 1: Preliminary Examination (Online)

  • This computer-based objective test is the first hurdle.
  • You’ll have 120 minutes to answer 200 questions across four sections:
    • Quantitative Aptitude
    • Reasoning Ability
    • English Language
    • General Awareness
  • There’s negative marking for incorrect answers (usually 0.25 marks deducted for each wrong answer).

Stage 2: Mains Examination (Pen and Paper)

  • Candidates who clear the prelims battle it out in the Mains exam.
  • This written test consists of three specialized papers, each carrying 100 marks:
    • Paper I: Economic & Social Issues (objective and descriptive questions)
    • Paper II: Finance & Management (objective and descriptive questions)
    • Paper III: English Language (objective and descriptive questions)
  •  Duration of the Mains exam is 3 hours.

Stage 3: Interview and Psychometric Test

  • Top performers from the Mains are invited for an in-depth interview.
  • The interview assesses your knowledge, communication skills, personality, and suitability for the role as an RBI Grade B officer.
  • You may also be required to take a psychometric test to gauge your aptitude and fit for the position.


  • The official notification for the RBI Grade B 2024 exam might contain slight variations in the exam pattern, so be sure to refer to it for the most accurate details.
  • Focus on mastering the syllabus for each stage and practice mock tests to improve your time management and test-taking skills.

By understanding the exam pattern and strategizing your preparation accordingly, you can increase your chances of securing this coveted position in the world of banking.


The RBI Grade B 2024 exam syllabus is comprehensive and assesses your knowledge across various domains relevant to the banking and financial sector. Here’s a concise breakdown of the syllabus for each stage of the selection process:

Phase 1: Preliminary Examination (Online)

  • Quantitative Aptitude: This section tests your numerical ability, covering topics like arithmetic, algebra, geometry, trigonometry, statistics, and data interpretation.
  • Reasoning Ability: This section assesses your logical thinking and problem-solving skills. It includes questions on analytical reasoning, logical reasoning, puzzles, critical reasoning, and syllogisms.
  • English Language: This section evaluates your command over the English language. It covers topics like grammar, vocabulary, comprehension, sentence completion, error correction, and writing skills.
  • General Awareness: This section tests your knowledge of current affairs, banking & financial awareness, economics, static GK (geography, history, polity), and scientific developments.

Phase 2: Mains Examination (Pen and Paper)

  • Paper-I: Economic & Social Issues (ESI): This paper delves into economic concepts, policies, and issues. It covers topics like growth and development, national income, poverty alleviation, inflation, monetary and fiscal policy, budget, globalization, and social structure.
  • Paper-II: Finance & Management (FM): This paper focuses on financial systems, markets, and management principles. It includes topics like financial institutions, financial markets (money, bond, forex), risk management, management functions, and organizational behavior.
  • Paper-III: English Language: This paper assesses your English language comprehension, writing skills, and analytical abilities. You might encounter passages, essays, précis writing, and questions testing vocabulary and grammar.

Important Note:

The syllabus details mentioned above are based on current trends and past exam patterns. The official notification for the RBI Grade B 2024 exam might have slight variations in the specific topics covered within each section.

Pro Tip:

  • Refer to the official notification for the most up-to-date and accurate syllabus details.
  • Utilize various resources like RBI publications, textbooks, and online study materials to effectively prepare for each section.

Preparation Tips

Cracking the RBI Grade B 2024 exam requires dedication, strategic planning, and a well-rounded approach. Here are some key preparation tips to set you on the path to success:

1. Understand the Exam Pattern & Syllabus:

  • Before diving into preparation, thoroughly understand the three-stage selection process and the specific syllabus for each phase.

2. Craft a Personalized Study Plan:

  • Develop a realistic and flexible study plan that fits your learning style and schedule. Factor in the weightage of each section, your strengths and weaknesses, and the time remaining before the exam.

3. Master the Core Subjects:

  • Build a strong foundation in Quantitative Aptitude, Reasoning Ability, and English Language. These sections form the base for the prelims and contribute significantly to your overall score. Focus on clearing core concepts, practicing formulas, and mastering shortcuts.

4. Deep Dive into Finance & Economics:

  • For the Mains exam, delve deeper into Economic & Social Issues and Finance & Management. Utilize RBI publications, recommended textbooks, and online resources like lectures and articles.

5. Sharpen Your General Awareness:

  • Stay updated on current affairs, banking & financial news, and economic trends. Read newspapers, financial journals, and news websites regularly. Utilize online quizzes and current affairs compilations to test your knowledge.

6. Practice Makes Perfect:

  • Solve mock tests regularly to assess your progress, identify areas for improvement, and manage time effectively during the exam. Analyze your performance after each mock test and work on your weak areas.

7. Develop Strong English Skills:

  • Enhance your vocabulary, grammar, and reading comprehension skills. Practice writing essays, précis writing, and sentence correction exercises relevant to the exam format.

8. Leverage Online Resources:

  • Explore online study materials like video lectures, practice questions, and previous year papers offered by coaching institutes or online platforms. Utilize online forums and communities to interact with other aspirants and clarify doubts.

9. Maintain Discipline & Consistency:

  • Stay dedicated to your study plan and allocate specific time slots for focused learning each day. Maintain consistency in your preparation to avoid last-minute cramming.

10. Manage Stress & Stay Motivated:

  • Preparing for a competitive exam can be stressful. Develop healthy habits like exercise and meditation to manage stress and stay focused. Surround yourself with positive influences and remind yourself of your long-term goals to stay motivated.

Bonus Tip:

  • Consider joining coaching classes or online prep programs for personalized guidance and structured learning, especially if you require additional support and direction.

By following these preparation tips and applying yourself diligently, you can significantly increase your chances of securing a position as an RBI Grade B officer. Remember, success comes with hard work, strategic planning, and a positive mindset.


While the official notification for the RBI Grade B 2024 exam might have already been released, the exact vacancy details are typically announced alongside it.

Based on past trends , We can just estimate the following-

Total Vacancies (Estimated):

  • Past recruitment processes for RBI Grade B officers have offered a total of around 250-300 vacancies.
  • For 2024, we can expect a similar range, with a possibility of slight variations.

Breakup of Vacancies (Possible):

  • The total vacancies are further divided into three categories based on specialization:
  • Officers in Grade ‘B’ (DR) – General: This is the largest category and offers the most positions. It focuses on general banking and finance roles.
  • Officers in Grade ‘B’ (DR) – DEPR (Department of Economic Research): These positions cater to specialists in economic research and analysis.
  • Officers in Grade ‘B’ (DR) – DSIM (Department of Statistical Methods): These vacancies are for officers specializing in statistical analysis and data management within the RBI.

Finding the Official Numbers:

The most reliable source for confirmed vacancy details is the official notification released by the RBI on their website ( This notification will explicitly state the total number of vacancies and the breakdown across categories.

Stay Updated:

Regularly check the RBI website for the latest notifications and updates regarding the Grade B 2024 exam. You can also subscribe to alerts from credible news websites or recruitment portals that focus on government job notifications.

Additional Tips:

While the exact vacancy distribution is unknown yet, preparing for all sections of the exam is crucial. This increases your chances of securing a position, irrespective of the category with the most openings.

Focus on mastering the core syllabus and developing a well-rounded understanding of banking, finance, economics, and current affairs.

By utilizing these resources and staying informed, you’ll be well-equipped for the RBI Grade B 2024 recruitment process, regardless of the final vacancy details.

Best RBI Grade B Books 2024: Top 10 FAQs on Must-Have Books for Success

Cracking the RBI Grade B exam requires a strategic approach and the right resources. This compilation of Frequently Asked Questions (FAQs) will guide you through the best books for 2024, ensuring you have the knowledge and tools to ace each stage:

1. Are there different books recommended for each phase of the exam?

Absolutely! The selection process involves three phases: Prelims, Mains, and Interview. This list provides specific book recommendations tailored to each phase’s unique requirements.

2. What are some essential books for the Prelims (Phase 1)?

Focus on building a strong foundation in Quantitative Aptitude, Reasoning Ability, English Language, and General Awareness. Refer to books like R.S. Aggarwal for quantitative and reasoning, Norman Lewis and S.P Bakshi for English, and Arihant Experts or Lucent’s for General Awareness.

3. How can I improve my English vocabulary for the exam?

“Word Power Made Easy” by Norman Lewis is a great resource for building a strong vocabulary base. Regularly practicing with this book will enhance your word recognition and usage skills.

4. What are some recommended books for the Mains exam (Phase 2)?

For Economic & Social Issues (ESI), consider “Indian Economy” by Ramesh Singh and “Economic and Social Issues” by Uma Kapila. For Finance & Management (FM), explore “Prasanna Chandra’s Fundamentals of Financial Management” and “Indian Financial System” by Bharati V. Pathak. Don’t forget to refine your English Language skills with “High-level English Grammar & Composition” by Wren & Martin.

5. Are there any resources helpful for the Interview stage?

“RBI Grade B Officer Interview” by Rashmi Singh offers valuable insights and strategies for excelling in the interview. It provides tips on tackling common questions, developing strong answers, and enhancing your overall personality.

6. Should I stick only to the books mentioned in this list?

This list serves as a starting point. Explore additional resources that align with your learning style and individual needs. Online lectures, practice papers, and previous year question banks can also be beneficial.

7. What if a particular book isn’t readily available? Are there alternatives?

Absolutely! Many publishers offer books that cover similar topics. Look for titles with comprehensive content, clear explanations, and ample practice questions. Online resources and library collections can also be valuable alternatives.

8. Is it better to buy new editions or older versions of these books?

The core syllabus for the RBI Grade B exam might not change significantly year-to-year. However, staying updated with recent trends in economics, finance, and current affairs can be beneficial. Consider a balance between the book’s edition and its content relevance.

9. How important is practicing with mock tests?

Mock tests are crucial for exam preparation. They help you assess your knowledge retention, time management skills, and identify areas needing improvement. Utilize online mock tests or those offered by coaching institutes to simulate the actual exam experience.

10. Where can I find the latest updates on the RBI Grade B exam and recommended resources?

The official website of the Reserve Bank of India ( is the most reliable source for all exam-related information, including notifications, syllabus, and recommended resources. Additionally, credible news websites and recruitment portals can keep you informed about important updates.

By following these tips and strategically utilizing the recommended books, you’ll be well on your way to conquering the RBI Grade B exam and securing your dream career in banking!

Also Read-

Best Bihar Govt. Jobs 2023 Onwards for 10th and 12th pass

Panchayat Secretary Job 2023 : Really A Wonderful Job

5 Best UPSC Optional Subjects 2024: Dominate UPSC Mains


3 thoughts on “Best RBI Grade B Books 2024: Must-Have Books for Success”

Leave a Comment