Government Schemes for RBI Grade B General Awareness

Government schemes are important topics in the General Awareness section of the RBI Grade B exam. Here are some of the key government schemes that you should be aware of:

1. Pradhan Mantri Jan Dhan Yojana (PMJDY)

Launched in August 2014, PMJDY is a financial inclusion scheme that aims to provide banking services to every household in the country. The scheme offers a zero-balance savings account, a RuPay debit card, and an accidental insurance cover of Rs. 2 lakhs.

2. Atal Pension Yojana (APY)

APY is a pension scheme for the unorganized sector, launched in May 2015. It aims to provide a regular income to those who are not covered by any pension scheme. The scheme provides a guaranteed minimum pension of Rs. 1,000 to Rs. 5,000 per month, depending on the contribution amount and age at entry.

3. Pradhan Mantri Mudra Yojana (PMMY)

PMMY is a scheme launched in April 2015 to provide loans to micro and small enterprises. The scheme offers three types of loans - Shishu (up to Rs. 50,000), Kishor (Rs. 50,000 to Rs. 5 lakhs), and Tarun (Rs. 5 lakhs to Rs. 10 lakhs).

4. Pradhan Mantri Awas Yojana (PMAY)

PMAY is a scheme launched in June 2015 to provide affordable housing to the urban poor. The scheme has two components - Pradhan Mantri Awas Yojana (Urban) and Pradhan Mantri Awas Yojana (Gramin). Under the scheme, eligible beneficiaries can avail of a subsidy on home loans.

5. Pradhan Mantri Ujjwala Yojana (PMUY)

PMUY is a scheme launched in May 2016 to provide LPG connections to households below the poverty line. The scheme aims to replace traditional cooking fuels with clean and efficient LPG.

RBI Grade B Phase 1 Preparation

To prepare for the RBI Grade B Phase 1 exam, you should focus on the following topics:

1. Quantitative Aptitude - This section tests your numerical ability. Practice topics like arithmetic, algebra, geometry, and data interpretation.

2. Reasoning Ability - This section tests your logical and analytical skills. Practice topics like coding-decoding, syllogism, seating arrangement, and puzzles.

3. English Language - This section tests your language skills. Practice topics like reading comprehension, grammar, vocabulary, and sentence correction.

4. General Awareness - This section tests your knowledge of current affairs, banking, and economics. Stay updated with the latest news and read newspapers and magazines regularly.

In addition to these topics, you should also practice previous year question papers and mock tests to improve your speed and accuracy.