Recruitment to the Post of Officers in Grade ‘B’ (General)-DR - 2013

The above Recruitment Examination will be held in two Phases

1. Phase-I ON-LINE Examination (Objective Type)
2. Phase-II Written Examination (Descriptive Type)

PHASE I (Will be conducted Online)

Sr. No.	Objective Type Test	No of Ques	Marks	Time
(i) (ii) (iii) (iv)	General Awareness English Language Quantitative Aptitude Reasoning ( verbal )	80 30 30 60	80 30 30 60	Composite time of 130 minutes for all tests together
	Total	200	200

The Objective type Exam for Phase- I ON-LINE will be held on August 17/24/25, 2013 as indicated in the Admission letter. Candidates have to secure minimum marks separately for each test as well as aggregate,as prescribed by the Board. Candidates, who secure minimum marks separately for each Test, as prescribed,will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Phase-II of the Examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted in Phase-I of the On Line Examination will be published on RBI website and a brief notice thereof in leading newspapers in September/ October 2013.

Note : The candidates MUST pass in each of the above Objective tests. The passing marks in each test will be decided by the Board on the basis of the performance of all the candidates appearing in the tests.Candidate may accordingly allocate their time to each test within total time of 130 minutes for all the four tests put together.

PHASE II (Will be conducted as Written Examination)

Descriptive Type papers	Duration (in hours)	Maximum Marks
Paper I – English (Essay Precis writing, Comprehension, Business / Office Correspondence) Paper II – Economic and Social Issues Paper III – Finance & Management	3 3 3	100 100 100

The Phase-II (Descriptive type) written examination will be conducted in October/ November 2013 (tentative) only for those candidates who are shortlisted for the same.

Papers of Phase I (except the test of English Language) and Papers II and III of Phase II will be set bilingually in Hindi and English. Candidates will have the option to answer Paper II and III wholly either in Hindi or in English. Answers to the papers of Phase I are to be marked by mouse clicking the appropriate option.

Phase - I: OBJECTIVE TYPE TEST (ONLINE EXAMINATION)

The time for the test is 130 minutes; however you may have to be at the venue for approximately 180 minutes including the time required for logging in, collection of the Admission letters, giving of instructions etc. The tests will be provided in English and Hindi. You can attempt any question from 1 to 200 at any point of time within these 130 minutes. All the questions will have multiple choices. Out of the five answers to a question only one will be the correct answer. You have to select the most appropriate answer and ‘mouse click’ that alternative which you feel is appropriate/ correct. The alternative/ option that you have clicked on will be highlighted and will be treated as your answer to that question. There will be penalty for wrong answers marked by you. For every wrong answer marked by you,
1/4th of the marks assigned to that question will be deducted as penalty.

Please note that the types of questions in this handout are only illustrative and not exhaustive. In the actual examination you will find questions of a higher difficulty level on some or all of these types and also questions on the types not mentioned here.

Some sample questions are given below

This test is intended to give an index of your awareness of people and events, past and present, in different walks of life.

Q.1. The purchasing power of Rupee strengthened against dollar in recent past because –––

(1) the interest rates in India are among the highest in the world

(2) there has been a strong flow of foreign direct investment into India

(3) there has been steady growth of Indian exports

(4) weakening of US currency because of poor economic recovery in US

(5) all of these

Q.2. The Tata group of Industries has taken over which of the following internet service providers ?

(1) MTNL

(2) Roltanet

(3) VSNL

(4) Satyam Online

(5) None of these

Q.3. To combat the menace of money laundering, which of the following financial institutions has introduced the ‘Know Your Customer’ Scheme ?

(1) IDBI

(2) RBI

(3) NABARD

(4) SIDBI

(5) None of these

Q.4. As per present norms, the Mergers and Acquisitions in the corporate sector need a clearance from which of the following in addition to RBI etc. ?

(A) High Courts of the respective states

(B) Union Cabinet

(C) Cabinet of respective states

(1) A & B both

(2) Only B

(3) Only C

(4) Only A

(5) None of these

Q.5. Which of the following person – sport combination is incorrect ?

(1) Yasin Merchant – Snooker

(2) Baichung Bhutia – Football

(3) Narain Karthikeyan – Racing

(4) Gagan Ajit Singh – Athletics

(5) None of these

Q.6. A contract which represents the obligation to buy or sell at a specified date in the future is known as –––––

(1) Options

(2) Forward contracts

(3) Futures

(4) Swap

(5) None of these

Q.7. A foreign tourist wants to visit India’s famous forts. Which of the following group of cities will you suggest him to visit ?

(1) Nainital, Manali & Shimla

(2) Panaji, Thiruvanthapuram & Daman

(3) Puri, Kolkata & New Delhi

(4) Agra, Jaipur & Gwalior

(5) None of these

Q.8. Which of the following is NOT the part of Export-Import policy 2002–2007 of India ?

(1) Annual Advance Licence facility is extended for deemed exports.

(2) Validity of duty free replenishment certificate scheme extended from 12 to 18 months.

(3) Second hand capital goods which are less than 10 years old are allowed to be imported without obtaining licence.

(4) Special Exports Economic Zones (SEZs) developers will not be given any special status now under Income Tax Act. The act is to bring SEZs at par with other business activities.

(5) Exporters are not allowed to carry gems and jewellery of an amount more than 2 million US $ for overseas exhibitions.

This is a test to see how well you know English. Your English language ability would be tested through questions on grammar, vocabulary, sentence completion, synonyms, antonyms, comprehension of a passage etc. Study and answer the sample questions given below :

Directions : Pick out the most appropriate word from amongst the words given below each sentence to complete it meaningfully.

Q.9. He quickly glanced .............................. the book to find what it said about the Indian economy.

(1) at

(2) through

(3) in

(4) to

(5) over

The correct answer is “through” which is answer No. 2.

Q.10. The counsel urged the court to ........................... down the obnoxious law.

(1) enact

(2) enforce

(3) cancel

(4) strike

(5) declare

Q.11. The local official ........................... the Minister of the situation.

(1) explained

(2) warned

(3) apprised

(4) told

(5) intimated

This test is designed to measure how fast and accurate you are in dealing with numbers, viz. computation,quantitative reasoning, interpretation of tables and graphs.
Directions : In each of the following questions, a number is missing which is indicated by a question mark. Your task is to find out what will come in place of the question mark (?).

Q.15. 42 + 73 + 137 = ?

(1) 352

(2) 252

(3) 242

(4) 142

(5) None of these

Some of the problems may require arithmetical reasoning. For example :

Q.17. At 10 paise each, how many paise will 6 lemons cost ?

(1) 6

(2) 10

(3) 60

(4) 61

(5) 610

Q.18. Which of the following can be exact multiple of 4 ?

(1) 27114

(2) 58204

(3) 48402

(4) 32286

(5) None of these

Q.19. If the profit made by selling a pen for Rs.10 is as much as its cost, what is the cost price of the pen ?

(1) Rs.3/-

(2) Rs.5/-

(3) Rs.10/-

(4) Rs.20/-

(5) None of these

The Phase II Examination will be conducted only for those candidates who are shortlisted for Phase I (Objective Type Test). The date and Time-table will be intimated to the candidates concerned. The Examination will consist of three Descriptive Type papers – (1) Paper I – English (2) Paper II– Economic and Social
Issues and (3) Paper III – Finance and Management. Each of these papers is of 3 hours duration carrying 100 marks.

NOTE : Answers to questions in Paper I in Phase II must be written in English.

For Papers II and III of Phase II, Answers may be written either in English or in Hindi at the candidate’s option. However, all the questions in the paper should be answered only in the language so chosen. Answer books written partly in English and partly in Hindi will not be evaluated

Syllabus for Paper I – English : Essay, Precis writing, Comprehension, Business/Office Correspondence.

Syllabus for Paper II – Economic and Social Issues : Growth and Development – Measurement of Growth : National Income and Per Capita Income – Poverty Alleviation and Employment Generation in India– Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatisation – Role of Economic Planning. Globalisation – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – 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.

Syllabus for Paper III – Finance and Management : Finance : The Union Budget – Direct and Indirect Taxes; Non-tax Sources of Revenue; Outlays; New Measures; Financial Sector Reforms; Capital Market, Money Market and Foreign Exchange Market, Stock Exchanges and their Regulation; Capital Market
Intermediaries and their Regulation; Role of SEBI; Functions of the Money Market; Growth and Operation of the Money Market; The Foreign Exchange Market; From FERA to FEMA; Exchange Rate Management; Exchange Risk Management, Role of Banks and Financial Institutions in Economic Development; Regulation
of Banks and Financial Institutions; Disinvestment in Public Sector Units. Management : Management, its Nature and Scope; The Management Processes, Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation, Leadership; The Tasks of a Leader, Leadership Styles; Leadership Theories; A Successful Leader versus an Effective Leader, Human Resource Development; Concept of HRD, Goals of HRD, Performance Appraisal – Potential Appraisal and Development – Feedback and Performance Counselling – Career Planning – Training and Development –Rewards – Employee Welfare, Motivation, Morale and Incentives; Theories of Motivation : How Managers Motivate; Concept of Morale; Factors Determining Morale; Role of Incentives in Building up Morale. 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, Corporate Governance; Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

NOTE : The above syllabus is only indicative and not exhaustive. Keeping in view that candidates from different faculty backgrounds apply for the post, the questions in Paper II and III will be basic in nature. Candidates will be shortlisted for interview based on the aggregate marks obtained only in Phase II –Papers I, II and III. The minimum cut-off marks for being shortlisted for interview will be decided by the Board in relation to the number of vacancies. Candidates may answer the Interview either in Hindi or English at their option. Final selection will be based on the performance of the candidate in Phase II of the ‘Written Examination’ and Interview.

Important Points To Remember

You are advised to bring with you the following:

• (i) Admission Letter and the photo ID card.

• (ii) One Ball point pen

Courtesy : RBI