RBI Grade B Phase 2: ESI, Finance and Management

Last updated: 2026-11-06 · MockMentor

Phase-II is where RBI Grade B ranks are decided: its 300 marks, plus the 75-mark interview, make up the final merit list. It has three online papers of 100 marks each, and two of them mix objective and typed descriptive questions.

Paper What it tests Marks
Paper-I: Economic and Social Issues (ESI) Growth and development, the Indian economy, globalisation and social structure 50 objective + 50 descriptive
Paper-II: English (Writing Skills) Expression and understanding of the topic, through 3 descriptive questions 100 descriptive
Paper-III: General Finance and Management (FM) Financial system and markets, general finance topics, management and ethics 50 objective + 50 descriptive

In the objective parts of ESI and FM, 30 questions carry 50 marks: some carry 2 marks and some 1 mark. In the descriptive parts, you answer 4 of 6 questions: two of 15 marks and two of 10 marks. If you answer more than 4, only the first 4 are evaluated.

How to use these pages

Each subject page below lists the syllabus units, the topics that our 2023–2026 question analysis marks as high priority, and RBI's suggested reading. Topic explainers are added to each subject as we publish them.

For writing practice, see the descriptive writing guide. The complete official syllabus is on the syllabus and exam pattern page.

In this section

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RBI Grade A/B 2027 Elite Course (₹3,500) – Phase 1 and Phase 2 preparation of static and current affairs content, with a special focus on Phase 2. 365 days validity.