The Economic and Social Issues (ESI) section is an important part of the RBI Grade B Exam. It tests your understanding of various economic and social concepts, policies, and issues related to India and the world. To crack this section, you need to have a good grasp of the key topics and strategies for the exam. In this post, we will discuss the top chapters to focus on for the RBI Grade B ESI exam.
Introduction to Economics: This chapter covers the basic concepts and principles of economics, such as demand and supply, market equilibrium, elasticity, production, costs, and revenue. It is important to have a clear understanding of these concepts as they form the foundation of economics and are frequently tested in the exam.
Macroeconomic Concepts and Measurement of Growth: This chapter deals with the macroeconomic concepts such as national income, inflation, money supply, balance of payments, and fiscal and monetary policies. You should be able to interpret and analyze data related to these concepts and their impact on the economy.
Poverty Alleviation and Employment Generation: This chapter covers the various poverty alleviation programs and schemes launched by the government, such as MGNREGA, PMAY, and NFSA. You should also have knowledge of the employment generation policies and schemes, such as Skill India, Make in India, and Startup India.
Sustainable Development and Environmental Issues: This chapter deals with the sustainable development goals, climate change, environmental policies, and conservation measures. You should be aware of the global and national initiatives taken to address these issues, such as the Paris Agreement and Swachh Bharat Abhiyan.
Financial Markets and Institutions: This chapter covers the various financial markets, such as money market, capital market, and forex market, and the financial institutions, such as RBI, SEBI, and IRDAI. You should have knowledge of the regulatory framework and the recent developments in these markets and institutions.
International Trade and Economic Organizations: This chapter covers the various aspects of international trade, such as balance of payments, WTO, and regional trade agreements. You should be able to analyze the impact of global events on the Indian economy and the policies and initiatives taken by the government to boost exports and imports.
Social Justice and Social Movements: This chapter deals with the social justice issues such as caste, gender, and religion, and the social movements related to these issues. You should be aware of the constitutional and legal provisions related to these issues and the recent developments in this area.
These are some of the top chapters to focus on for the RBI Grade B ESI exam. However, you should also keep yourself updated with the current affairs related to these topics and their impact on the Indian economy and society. Develop a habit of reading newspapers, magazines, and online sources regularly to stay informed about the latest developments in the economic and social sphere. With consistent practice and effort, you can ace the ESI section of the RBI Grade B exam. Good luck!