2.

Phase II (Descriptive Type Test): The Phase II Examination will be conducted only for those candidates who are suc cessful in Phase I (Objective Type Test). The Examination will consist of three Descriptive Type papers. Each of these pap ers is of 3 hours duration carrying 100 marks. 1. Paper I - English 2. Paper II - Economic and Social Issues 3. Paper III - Finance and Management Detailed Syllabus for RBI Officers - Grade B (Phase II): ----------------------------------------------------------------------(i) Paper I- English: Essay Precis writing Comprehension Business/Office Correspondence --------------------------------------------------------------------------(ii) Paper II - Economic and Social Issues: 1. Growth and Development a. Measurement of growth: National Income and per capita income b. Poverty Alleviation and Employment Generation in India c. Sustainable Development and Environmental issues. 2. Economic Reforms in India a. b. c. d. Industrial and Labour Policy Monetary and Fiscal Policy Privatisation Role of Economic Planning

3. Globalization a. b. c. d. e. f. g. Opening up of the Indian Economy Balance of Payments Export-Import Policy International Economic Institutions IMF and World Bank WTO Regional Economic Co-operation

4. Social Structure in India a. b. c. d. e. f. g. h. i. j. Multiculturalism Demographic Trends Urbanisation and Migration Gender Issues Social Justice: Positive Discrimination in favour of the under privileged Social Movements Indian Political System Human Development Social Sectors in India Health and Education

--------------------------------------------------------------------------------------------(iii) Paper III - Finance and Management:

Finance 1. The Union Budget 2. Direct and Indirect taxes 3. Non-tax sources of revenue 4. Outlays 5. New Measures 6. Financial Sector Reforms 7. Capital Market 8. Money Market and Foreign Exchange Market 9. Stock Exchanges and their Regulation 10. Capital Market Intermediaries and their Regulation 11. Role of SEBI 12. Functions of the Money Market 13. Growth and Operation of the Money Market 14. The Foreign Exchange Market 15. From FERA to FEMA 16. Exchange Rate Management 17. Exchange Risk Management 18. Role of Banks and Financial Institutions in Economic Development 19. Regulation of Banks and Financial Institutions 20. Disinvestment in Public Sector Units.

Management: 1. Management: a. b. c. d. nature and scope The Management Processes Planning, Organisation, Staffing, Directing and Controlling The Role of a Manager in an Organisation

2. Leadership: a. b. c. d. The Tasks of a Leader Leadership Styles Leadership Theories A successful Leader versus an effective Leader

3. Human Resource Development: a. b. c. d. e. f. g. h. Concept of HRD Goals of HRD Performance Appraisal - Potential appraisal and development Feedback and Performance Counseling Career Planning Training and Development Rewards Employee Welfare

4. Motivation, Morale and Incentives: a. b. c. d. Theories of Motivation How Managers Motivate Concept of Morale Factors determining morale

e. Role of Incentives in Building up Morale 5. Communication: a. b. c. d. e. f. Steps in the Communication Process Communication Channels Oral versus Written Communication Verbal versus non-verbal Communication upward, downward and lateral communication Barriers to Communication

6. Role of Information Technology. Corporate Governance: a. Factors affecting Corporate Governance b. Mechanisms of Corporate Governance ================================================================================ ============================================== 1. Phase I (Objective Type Test): Duration: 03 hours Max. Marks: 200 The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude iv) Reasoning Candidates have to secure minimum marks separately for each test as prescribed b y the Board.