[Question Paper] RBI Grade “B” Officers: Mains (Phase II) Exam held in 2012, All three papers

[Question Paper] RBI Grade “B” Officers: Mains (Phase II) Exam held in 2012, All three papers

update (July-05-2013): last five years’ papers are given on a separate page: click me
RBI Grade “B” officers’ Mains (Descriptive) exam was held in April 2012. (for the recruitment cycle of 2011). Thanks Mr.csl80 for providing the question papers here.

  1. Paper 1: ENGLISH
    1. Essay (40m)
    2. Précis writing (24m)
    3. Comprehension (16m)
    4. Letter/Report writing (20m)

Paper 1: English Paper


  1. 3 hours, 100 marks
  2. All questions are compulsory.
  3. Figures to the right indicate full marks to each question.
  4. Each question should be answered on a new page.
  5. All parts of a question should be answered together without other answers intervening.
  6. Marks will be deducted if an answer far exceeds or falls short of the set limit or is irrelevant or if the handwriting is illegible.
  7. Answers must be written only in English.

Essay (40m)

Write an argumentative essay in about 500 words on any one of the following topics: 40marks

  1. Can technology bring about economic growth with social justice?
  2. Has the RBI succeeded in curbing inflation?
  3. Can we have a corruption-free sobriety?
  4. Has the economic balance of power tilted eastwards?
  5. Is social ‘net’ working a blessing or a curse?

Précis writing (24m)

Make a précis of the following passage reducing it to about (230 words) and give it a suitable title. Write the précis on the special sheet provided for this purpose. 24marks

Microfinance is now understood as a financial activity. But, it actually emerged from development considerations. The need for access to capital was specifically articulated by women during the UN Conference on Women and Development in Mexico City in 1976. The focus then was on the micro-person, the person with a micro-status in society.

The term microfinance came much later and its association moved from savings to microcredit to financial services. However, the primary objective of microfinance has always been developmental in nature. All along, it was aimed at removing poverty and hunger. But these two questions cannot be addressed adequately without factoring in the issue of health.

Financial services are not just about money or giving loans to the poor. They are really about building assets to provide security and livelihood to poor people. This would be impossible to achieve without taking into account the health status of poor individuals and their families.

All too frequently, the poor default on paying back their loans cause of ill health and inability to earn during that period. This has taught us an important lesson: The poor work at the cost of their own body.

A poor woman’s health and, therefore, her body is the first and foremost asset of her work and her life. For microfinance to achieve its objective of providing financial services to the poor it has to lay stress on health security as a crucial element of social security. They are indeed, two sides of the same coin.

When I started organizing informal sector labour in the late 1960s and early 1970s, I asked the poor what they wanted most invariably, it was work they sought and not charity. Yes, they longed for a better life but not the one without dignity. At the same time, it was clear that their earnings could easily be wiped out without support services most importantly, health and childcare.

Capacity building in numeracy and literacy also required social security. This is necessary for sustained development and higher levels of efficiency. This is where microfinance can play an important role and, for this reason, we need more microfinance co-operatives today.

But addressing this and providing health security is currently difficult since insurance schemes are generally not suited to the poor. We must therefore, develop innovative insurance products that meet the requirements of the poor while satisfying insurance principles. That is why an integrated approach that links microfinance with healthcare is so essential for development.

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