RBI Grade B Officer: Best Books For Phase-I & II Preparation

By Sashikanth

The Reserve Bank of India (RBI) has recently released a recruitment notification for the posts of Grade B Officer. India's central banking institution, RBI, has released the notification for a total of 166 posts. The selection of candidates will be based on the online examination followed by a written examination and an interview. The Phase-I online examination will commence in the month of August.

It is high time for the aspirants to start preparing for the RBI Grade B Officer Exam. Referring to the right books for practising is one of the best ways to start the exam preparation. The official notification has also published the important books, newspapers, reference study material, monthly magazines and reports for the Phase-II examination. Start reading the best books for both Phase-I & II.

Best Books For RBI Grade B Officer

Best Books For RBI Phase-I Preparation

1. Objective English by Edgar Thorpe
2. Objective General English by R.S. Aggarwal
3. High School English Grammar & Composition by Wren & Martin
4. Quantitative Aptitude by R. S. Aggarwal
5. Fast Track Objective Arithmetic by Rajesh Verma
6. A Modern Approach to Verbal & Non-Verbal Reasoning by R. S. Aggarwal
7. Analytical Reasoning by M. K. Pandey
8. Logical and Analytical Reasoning by A. K. Gupta
9. Lucent's General Knowledge by Dr Binary Karn
10. General Knowledge by Arihant Publications

Best Books For RBI Phase-II Preparation

As mentioned above, RBI has suggested many books for the Phase-II examination in the official notification. The Phase-II examination consists of three papers, namely, Paper-I: Economic and Social Issues, Paper-II: English (Writing Skills) and Paper-III: Finance and Management. Let's explore them.

Suggested Reference Material For Economic And Social Issues

Books

1. Indian Economy by Uma Kapila (Series of Books)
2. Indian Economy by Mishra Puri
3. Growth and Development by Devraj Ray
4. Sociology by C.N. Shankar Rao

Weekly/ Monthly Magazines/ Bulletins/ Reports

1. Economic and Political Weekly
2. Southern Economist
3. Yojana
4. Business India
5. RBI Bulletins

News Papers

1. Economic Times
2. Hindu
3. Business Standard

Reports

1. World Development Report
2. Economic Survey of India

Suggested Reference Material: For Finance And Management

1. An introduction to Economics - A W Stonier and DC Hauge
2. Monetary Theory and Public Policy - Kenneth Kurihara
3. Indian Economy - Mishra and Puri
4. Indian Economy - R. Dutt and KPM Sundaram
5. Economic Growth and Development - Mayer and Baldwin
6. Major economic newspapers and Economic and Political Weekly
7. Public Finance - K K Andley and Sundaram
8. Financial Management - Prasanna Chandra

Apart from the above list of books, aspirants are also advised to read the general trending topics. We also suggest candidates subscribe to an online resource that provides full-length mock tests for both the phases of the examination.

Also Read: How Should Freshers Start Preparing For The RBI Grade B Officer Exam?

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