The Finance and Management (FM) section plays an important role in determining the final selection of a candidate in the RBI Grade B Phase 2 Examination. The section tests the aspirations of financial systems, banking rules, monetary policies and their understanding of core management principles. This section is only specific to general DR post. In this article, we have mastered Finance and Management (FM) section in RBI Grade B Examination.
How to master Finance and Management Section in RBI Grade B Examination
RBI Grade B2025 There are separate examinations in three separate posts in the examination which are general (DR), DRSIM and DSIM. There are two stages in the exam for normal (DR) post which are Phase I Examination and Phase II exam. Phase II exam has three papers which are paper I, paper 2 and paper 3. Paper 3 has only one subject that is Finance and Management (FM) which includes 100 questions, 50 objectives and 50 descriptive questions for a total of 100 marks for a period of 120 minutes. Understand the Finance and Management (FM) section slightly more depth.
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RBI Grade B Phase II, Paper 3 Exam Pattern |
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| Section | Format | total marks | Duration |
| Finance and management | 50% purpose | 50 | 30 minute |
| 50% descriptive | 50 | 90 minutes | |
Subjects of Finance and Management Section in RBI Grade B Examination
Below we have provided a detailed course for Finance and Management (FM) section in RBI Grade B Exam:-
financial system: Financial institutions’ structure and function, RBI work, banking system in India, financial institutions (SIDBI, Exim Bank, NABFFID), global financial system and its impact on India, information technology in banking, non-banking system, digital payments.
financial markets: Primary and secondary markets (forex, money, bonds, equity), work, equipment and recent developments.
General subject: Financial risk management, basics of derivatives, global financial market and international banking, financial inclusion, alternative finance, public-private participation, corporate administration in banking, central budget, accounting basics, inflation and its management, monetary and fiscal policies.
corporate governance: Meaning of morality, moral problems in business, theory of morality (utilitarianism, rights and duty, justice and impartiality, morality of care), moral issues (compliance, finance, HR, morality in marketing), moral principles in business, role of the board of directors, the role of the board of directors, the best practices, morality and operations, corporate governance system.
General preparation tips for finance and management section
These are some general preparation tips that candidates should keep in mind while preparing for this exam.
- Understand the major financial and management concepts and build a strong foundation.
- Stay updated with current matters to read financial newspapers, RBI reports, SEBI guidelines, Union Budget and Economic Survey to be updated with recent developments.
- Refer to standard study materials, government reports and official documents to avoid misinformation.
- Practice writing answers to regular descriptive questions and composition your answers using the main body and conclusions, and support them with examples, data and floches.
- To understand the expected questions, identify important topics and questions by solving PyPs.
- Take a mock test to improve time management and accuracy in both purpose and descriptive parts.
- Reveal the major concepts several times by preparing small notes on important principles, formulas and definitions for quick modification before the examination.
- Manage time by allocating time wisely between different finance and management subjects, focusing more on weak areas.
- Follow a study plan and maintain regular modifications to maintain concepts.
