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RBI Grade B MCQs 2023 - Download PDF for Objective Questions!

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RBI Grade B MCQs 2023 - Download PDF for Objective Questions!


Every year, the Reserve Bank of India (RBI) holds an exam to identify qualified applicants for Grade B officer positions at its many branches around the country. The 2023 notification for the Grade B exam will be released by the RBI. The Reserve Bank of India attracts thousands of candidates each year because it offers a competitive pay range and a well-known job profile. With only a few slots to be filled through the RBI Grade B Exam, it is critical to study thoroughly for this exam.

  • The RBI Grade B exam consists of 3 phases which include Phase I, Phase II, and Phase III (interview).
  • Thorough knowledge of the RBI Grade B syllabus for various phases is crucial for any aspirant.
  • The RBI will publish a category-wise merit list based on the results of the three Phase II examination papers.

We have provided the RBI Grade B key questions from all of the topics that will be covered in the test on this page to make your preparation easier.


RBI Grade B MCQs 2023

The 2023 MCQs for each subject of RBI Grade B will be updated in this article. Here is the MCQs for the 2022 exam of RBI Grade B so that candidates can get an idea.

English 2022 MCQs for RBI Grade B

English MCQs

  1. Directions: In the following question, two sentences are given with some underlined phrases which are correct. Phrases of sentence II could replace phrases of sentence I without altering the original meaning of the sentence. Select the option that has the correct pair/s of phrase replacement.
  2. The huge cash(A) influx has raised fears(B) of rampant corruption(C) and financial mismanagement(D).
  3. Uncontrolled corruption(E) brought about the downfall of(F) the government. 
  4. A-F
  5. B-E
  6. C-E
  7. D-F
  8. B-F

Correct Option - 3

  1. Which of the phrases given in the options should replace the word/phrase that is underlined in the sentence to make it grammatically correct? if the sentence is correct as it is given and no correction is required, select 'No correction required as the answer.

Though he had never won any awards or even been published, he was conservative with his life as a poet.

  1. Complement 
  2. Concede 
  3. Deject 
  4. Complacent 
  5. Articulate

Correct Option - 4

  1. In the given question, four words are printed in bold and are numbered A, B, C, and D. Of these, the positions of two of these words may be incorrect and need to be exchanged to make the sentence correct. Find the two words which need to be exchanged. In case the given sentence is correct, your answer is (E), i.e., 'No correction required.

If you have a short-term goal, then you (A) provide a fixed-income (B) product, not a market- (C) linked product; to (D) need return predictability.

  1. A-D
  2. A-B and C-D
  3. A-C and B-D
  4. B-C
  5. No correction required 1.

A 2. D 3. E 4. C 5. B

Correct Option - 1

  1. Direction: In the following sentence, 4 words are given in bold. Two or more of these words are incorrectly placed and need to be interchanged. If there is no need for interchanging then ‘No Error’ can be selected.

The Caribbean island of Haiti, with more than 11 million people was already teetering(A) under Moise, but the president’s exacerbated(B) has extermination(C) the precariousness (D) of the country’s politics.

1.ACBD 

  1. BCDA 
  2. BACD 
  3. ABDC 
  4. DCBA

Correct Option - 1

  1. A sentence is given below with three words highlighted in bold. Select the option that gives the correct set of words. In case the sentence is correct, select ‘No replacement required’.

The deplorable relationship between Russia and the EU is going to affect the global equilibrium since the shift in the center of power will distinctly make its mark.

  1. diligent, excuse, certainly
  2. diplomatic, affect, definitely
  3. dutiful, extreme, surely
  4. plenty, accuse, severely
  5. No improvement is required 
  1. D 
  2.  E 
  3. B 
  4. A 
  5. C

Correct Option - 3

  1. In the sentence, certain words are in bold and numbered from A to H, which are the possible pairs to be interchanged. Choose the pair(s) of the words that need(s) to be interchanged to make the sentence grammatically correct and meaningful.
  2. The inspector believed he was normal(A), so he refused to even consider(B) the suspects other than the one he had arrested(C) and proceeded to report(D) the same.
  3. Lady Jane relinquished(E) her throne to Mary at her father’s behest(F) and went on to lead(G) her life like that of an infallible(H) citizen.
  4. B-E
  5. A-C and E-G 
  6. C-F
  7. A-G and B-F
  8. A-H

Correct Option - 5

A sentence is given with three words marked as (A), (B), and (C). These words may or may not be placed in their places. Four options with different arrangements of these words are given. Mark the option with the correct arrangement as the answer. If there is no change required, mark 'No rearrangement required' as your answer.

On Earth, sunlight is scattered and obvious (A) through Earth's atmosphere and is filtered (B) as daylight when the Sun is above the horizon(C).

  1. BAC 
  2. BCA 
  3. CAB 
  4. ACB 
  5. No rearrangement is required 

Correct Option - 1


General Awareness MCQs for RBI Grade B

General Awareness MCQs

  1. The Reserve Bank of India recently came out with the draft guidelines for allowing derivatives trading in the CDS in over-the-counter (OTC) markets. What is the full form of CDS?
  2. Currency Deposit System 
  3. Credit Deposit System 
  4. Cash Derivative System 
  5. Cash Default Swap 
  6. Credit Default Swap 

Correct Option - 5

  1. The Reserve Bank of India (RBI) has extended the liquidity window for emergency healthcare services.
  2. February 20, 2022
  3. June 30, 2022
  4. March 30, 2022
  5. April 2025
  6. August 30, 2022,

 Correct Option - 2

  1. H2Ooooh! – Waterwise program’ for the Children of India is an initiative launched by: 
  2. UNESCO 
  3. UNICEF 
  4. Smile Foundation 
  5. UNEP 
  6. WHO

Correct Option - 1

  1. Which of the following statement is/are incorrect NIRVIK scheme? 1.

The Government of India announced a new scheme ‘NIRVIK’ in the Budget for 2020-21. 2.

NIRVIK is also called Export Credit Insurance Scheme (ECIS). 3.

This scheme proposes to cover up to 60% of the principal and interest. 4.

NIRVIK-Niryat Rin Vikas Yojana. 5.

None of these Correct Option - 3

  1. As per the Pradhan Mantri Fasal Bima Yojana, the difference between premium and the rate of Insurance charges payable by farmers is shared by the Centre and State in what ratio?
  2. 50 : 50
  3. 40 : 60
  4. 60 : 40
  5. 55 : 45
  6. 45 : 55

Correct Option - 1

  1. Who has become India's first UN Development Programme (UNDP) Youth Climate Champion under her partnership with the organization?
  2. Prajakta Koli 
  3. Mithila Palkar 
  4. Barkha Singh 
  5. Kusha Kapila 
  6. Ashu Suyash 

Correct Option - 1

  1. In which of the following city, the first-ever edition of India Global Forum (IGF) will be held in March 2022?
  2. Bengaluru 
  3. Panaji 
  4. Mumbai 
  5. Chennai 
  6. Kolkata

Correct Option - 1

  1. Choose the incorrect statement regarding the recently launched RBI's Integrated Ombudsman Scheme? 
  2. The Integrated Ombudsman Scheme was launched by the Reserve Bank of India in November 2021.
  3. The scheme is launched for Non-Banking Financial Company(NBFC), banks, and pre-paid instrument players.
  4. The scheme will amalgamate the banking ombudsman scheme 2006, NBFC ombudsman scheme 2018, and Ombudsman scheme of digital transactions 2019.
  5. The first centralized jurisdiction neutral receipt and processing center is set up in New Delhi. 
  6. The executive director of the Consumer Education and Protection Department of RBI will be the appellate authority under the integrated scheme.

Correct Option - 4

  1. Which country is going to build the first Bitcoin City from a Bitcoin-backed bond? 
  2. Mexico 
  3. El Salvador 
  4. Ecuador 
  5. Maldives 
  6. Sri Lanka

Correct Option - 2

  1. Which of the following company has launched India’s first primary markets investment platform 'OneUp' for investing in initial public offerings (IPOs) in March 2022?
  2. Bajaj Finance Ltd
  3. IDFC First Bank Ltd 
  4. Muthoot Finance Ltd 
  5. IIFL Holdings Limited 
  6. None of the above 

Correct Option - 4

  1. In February 2022, with which country has India agreed on a Roadmap on Blue Economy and Ocean Governance?
  2. Italy
  3. Spain 
  4. France
  5. Germany 
  6. Australia

Correct Option - 3

  1. PM Narendra Modi will attend a virtual summit of the 7-nations BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) in March 2022. This year's summit is being hosted by which country?
  2. Sri Lanka 
  3. Bangladesh 
  4. Myanmar
  5. Thailand 
  6. France

Correct Option - 1

  1. The Ministry of Finance has decided to keep the interest rates unchanged on small savings schemes or post office schemes for the January-March quarter of FY 2021-22. What is the interest rate of the post office monthly income scheme (POMIS)?
  2. 4%
  3. 5%
  4. 5.6%
  5. 6%

5 6.6%. 

Correct Option - 5

  1. To promote the language at the global stage, which day is celebrated as World Hindi Day every year?
  2. 10 January
  3. 04 January
  4. 06 January
  5. 08 January
  6. 05 January

Correct Option - 1

  1. Who has been appointed as the brand ambassador of Uttarakhand in February 2022?
  2. Shah Rukh Khan
  3. Akshay Kumar
  4. Hrithik Roshan
  5. Saif Ali Khan
  6. Amitabh Bacchan

Correct Option - 2

  1. Who among the following has been awarded the best actor award by Dadasaheb Phalke International Film Festival Awards 2022?
  2. Ranveer Singh
  3. Varun Dhawan
  4. Rajkumar Rao 
  5. Dhanush 
  6. Abhimanyu Dasani 

Correct Option - 1

  1. Cyclone Jawad, recently in news, a deep depression in the Bay of Bengal has intensified into a cyclonic storm, the name is given by which of the following country?
  2. Bangladesh
  3. India 
  4. Saudi Arabia
  5. Pakistan 
  6. Sri Lanka

Correct Option - 3

  1. Who is the author of the book ‘Fearless Governance’?
  2. V. Narayanasamy
  3. Swati Chaturvedi
  4. P. Chidambaram 
  5. Kiran Bedi 
  6. Ashok Bal 

Correct Option - 4

  1. Choose the incorrect statement regarding NIPUN Bharat Scheme? 
  2. NIPUN is to cover the needs of children who fall between the age group of 3 years to 9 years. 
  3. The 3-tier implementation strategy is National-->District-->School. 
  4. NIPUN Bharat Scheme will be launched under National Education Policy(NEP) 2020.
  5. NIPUN stands for National Initiative for Proficiency in Reading & Understanding & Numericay 
  6. NIPUN is launched in July 2021. 

Correct Option - 2

  1. Who among the following photographers has won the 13th edition of the Greenstorm Global Photography Award 2022?
  2. Rakayet Ul Karim Rakim
  3. Richard Avedon
  4. Jimmy Nelson 
  5. Mohamad Reza Masoumi 
  6. None of these 

Correct Option - 4


Reasoning MCQs for RBI Grade B

Reasoning MCQs

Direction: Study the information carefully and answer the given questions. Eight people P, Q, R, S, T, U, V, and W are sitting around a circular table with equal distance between them. Some of them are facing the center while others are facing outside the center. W is an immediate neighbor of U. U is facing outside the center. Only three people sit between U and P. R sits third to the right of P. immediate neighbors of R face the same direction. (i.e. if one neighbor faces the center then the other also faces the center and vice versa). V is sitting to the immediate left of Q. Q is an immediate neighbor of W. S is sitting second to the right of V. immediate neighbors of S face the opposite direction. T is sitting to the immediate right of R. both W and S face a direction opposite to that of T (i.e. if T faces the center then both W and S face outside the center and vice versa).

  1. Who among the following sits second to the left of W?
  2. R
  3. Q
  4. P
  5. S
  6. V

 Correct Option - 1

Q Four of the following five pairs are alike in a certain and hence form a group. Which among the following does not belong to that group?

  1. SP
  2. WU
  3. QV
  4. TR
  5. PU

 Correct Option - 5 

  1. If S and Q interchange their position, then which among the following sits second to the right of P as per the new arrangement?
  2. Q
  3. S
  4. V
  5. R
  6. T

 Correct Option - 5 

  1. How many persons sit between T and U when counted from the left of T?
  2. 4
  3. 3
  4. 2
  5. 1
  6. 5

 Correct Option - 4 

  1. What is the position of P with respect to V?
  2. Immediate right
  3. Immediate left
  4. 2nd to the left of V
  5. 3rd to the right of V
  6. None of these

 Correct Option - 1 

Directions: Study the following information carefully and answer the questions given below. 

A number arrangement machine, when given a particular input, rearranges it following a particular rule. The following is the illustration of the input and the steps of arrangement. 

Input: 19 32 21 17 22 39 24 44 57 42 

Step I: 71 19 32 21 39 24 44 57 42 22 

Step II: 71 91 32 21 39 44 57 42 42 22 

Step III: 71 91 12 39 44 57 42 23 42 22 

Step IV: 71 91 12 93 44 57 24 23 42 22 

Step V: 71 91 12 93 75 44 24 23 42 22 

Step VI: 23 71 75 91 93 12 22 24 42 44 

And Step VI is the last step of the rearrangement as the desired arrangement is obtained. As per rules followed in the above steps, find out in each of the questions the appropriate step for the given input. Input: 39 46 27 43 64 93 38 78 33 26

  1. Which number will be 3rd to the right of 64 in step III?
  2. 46
  3. 78
  4. 33
  5. 64
  6. 93

 Correct Option - 4 

Q Which of the following numbers you will not find in step IV?

  1. 46
  2. 39
  3. 64
  4. 72
  5. 93

 Correct Option - 2 

  1. What will be the sum of the following numbers?

 N1. Immediate left of 93 in step III

 N2. Second to the right of 93 in step VI

  1. 128
  2. 110
  3. 120
  4. 123
  5. 136

 Correct Option - 2 

  1. Which one of the following would be the final output?
  2. 72 33 93 34 39 87 46 64 83 62
  3. 33 39 83 93 87 34 64 62 46 72
  4. 33 39 83 87 93 34 46 62 64 72
  5. 72 33 34 39 93 78 64 46 38 26
  6. 33 39 83 87 93 34 64 62 46 72

 Correct Option - 3 

  1. In the last step which number is 3rd to the left of the number that is a prime number?
  2. 33
  3. 39
  4. 46
  5. 72
  6. none of the above 

 Correct Option - 5 


Quantitative Aptitude MCQs for RBI Grade B

Quantitative Aptitude MCQs

  1. From a pack of a well-shuffled deck of cards, a card is drawn at random, find the probability of getting an ace of spade or a jack of diamond.
  2. 1/52
  3. 1/26
  4. 1/13
  5. 2/13
  6. None of these

 Correct Option - 2

  1. The solid cone of volume 18 cm3 is kept inside a hollow cylinder whose radius and height are equal to that of the cone. Find the volume of water which can be added to the empty space.
  2. 32 cm3
  3. 34 cm3 
  4. 38 cm3 
  5. 36 cm3 
  6. 40 cm3 

Correct Option - 4 

  1. In a rectangle, the ratio of length to breadth is 3: 2. If we change its dimension so that new length becomes the sum of old length and breadth and new breadth becomes a difference between old length and breadth. Find percentage change in the area. 
  2. 10%
  3. 15%
  4. 20% 
  5. 16.67%
  6. 25%

 Correct Option - 4 

  1. In the following number series, a wrong number is given. Find out the wrong number. 12, 72, 360, 1440, 4320, 8640, 8600
  2. 8600
  3. 8640
  4. 12
  5. 72
  6. 360

 Correct Option - 1 

Q In the following number series, a wrong number is given. Find out the wrong number. 24, 13, 14, 22, 45, 112.5

  1. 112.5
  2. 45
  3. 14
  4. 13
  5. 24

 Correct Option - 1 

Q In the following number series, a wrong number is given. Find out the wrong number. 14, 29, 89, 359, 1798, 10799

  1. 29
  2. 89
  3. 1798
  4. 10799
  5. 14

 Correct Option - 3

  1. Find the difference between total production done in January to that of February (in Kg) 
  2. 2000 kg 
  3. 2100 kg 
  4. 2500 kg 
  5. 2200 kg 
  6. Nine of these 

Correct Option - 4 

Q Find the ratio between production done by C and D together in January to production done by B and C together in February.

  1. 37 : 32 
  2. 33: 31 
  3. 28 : 29 
  4. 30 : 31 
  5. None of these 

Correct Option - 2 

  1. Find the average total production done in February month. 
  2. 2.85 
  3. 2.89 
  4. 2.65 
  5. 2.96
  6. None of these 

Correct Option - 1 

  1. Production by A in January in what % more than production by B in January (Approx)? 
  2. 82% 
  3. 76% 
  4. 70% 
  5. 90% 
  6. 65% 

Correct Option - 3


Advantages of Solving RBI Grade B MCQs 2023

Some of the benefits of answering RBI Grade B Important MCQ include:

  • As you study through the RBI Grade B Important Questions, you will gain an understanding of the importance of many areas. As a result, during the selective study, you will be able to devote more time to the subject that is more significant to you.
  • This will help you revise because you will have a better sense of the relative relevance of different topics. As a result, the revision process will be easier.
  • Your confidence will develop as you solve the questions, learn about the different types of questions, and finally analyze them for your preparation.


You can also download our Itselfu RBI Grade'B'App which is free and start preparing for the RBI Grade B exam or any competitive examination by taking the mock tests before the examination and boosting your preparation with the help of Itselfu.

My Name is Priyanshu Thakur and I am preparing for Civil Services! And I am from Bihar. My aim is to cooperate with the participants preparing for competitive exams in Hindi & English medium. It is my fervent desire to get the affection of all of you and to serve you by distributing my acquired experiences and knowledge.

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