Phase II of the RBI Grade B Exam consists of three papers - Economic and Social Issues (ESI), English (Writing Skills), and Finance and Management.

The questions in Phase II of the RBI Grade B Exam are primarily objective in nature. However, there is a descriptive section in the English (Writing Skills) paper where candidates are required to write essays, précis, and letters.

Let's break down the nature of questions in each paper:

bEconomic and Social Issues (ESI) Paper:b
- The ESI paper consists of multiple-choice questions (MCQs).
- Candidates are tested on their understanding of economic and social issues in India and globally.
- Questions are asked on topics such as economic growth and development, poverty, unemployment, social justice, and sustainable development, among others.
- The questions require candidates to analyze and interpret data, understand economic policies, and apply economic concepts to real-world scenarios.
- This paper aims to assess the candidate's knowledge and understanding of various economic and social issues.

bEnglish (Writing Skills) Paper:b
- The English paper includes both objective and descriptive questions.
- The objective section tests candidates' proficiency in English grammar, vocabulary, and comprehension.
- The descriptive section requires candidates to write essays, précis, and letters.
- Candidates are assessed on their ability to express their thoughts clearly, organize ideas, and present arguments effectively.
- This paper assesses the candidate's writing skills and ability to communicate effectively in English.

bFinance and Management Paper:b
- The Finance and Management paper consists of multiple-choice questions.
- Candidates are tested on their knowledge of financial systems, financial markets, banking operations, risk management, and general management principles.
- The questions require candidates to analyze financial statements, understand banking regulations, and apply management concepts to practical situations.
- This paper aims to assess the candidate's knowledge and understanding of finance and management concepts relevant to the banking sector.

In conclusion, the questions in Phase II of the RBI Grade B Exam are primarily objective in nature, except for the descriptive section in the English (Writing Skills) paper. Candidates are required to demonstrate their understanding and application of economic, social, financial, and management concepts through multiple-choice questions and descriptive writing tasks.