RBI DEPR Phase-2 Test Series
RBI DEPR 2026 Phase-2 Test Series
Enrolment in RBI DEPR 2026 Phase-2 Test Series is now open on Testonomics mobile App.
Test Series Details
- How to Enroll : Download the mobile App and make payment on the App itself.
- Only on the Mobile App: Test Series can be accessed on the mobile App only.
- 8 Mock Tests: The Test Series will consist of 8 Mock Tests (including 4 Sectional Tests and 4 Full-Length Mock Tests).
- Submission Deadlines: Each Mock Test has a deadline for submission of answer sheet for evaluation.
- Answer sheets submitted after the Deadline will NOT be evaluated
- How to submit answer copies for evaluation: Write answers on your sheets and email to us. Read Instructions given in the Phase-2 Test Series Course Folder for details
- Limited Seats: For all descriptive Test Series, we have limited seats. We will close enrolments once our target batch-strength is reached
- Evaluation within 7-10 Days: We typically return evaluated copies within 7-10 days of submission. However, in case of high volume or unforeseen events, the process may take longer.
- Solutions : For most questions, we will provide solutions hits contained in non-downloadable pdfs. You can utilise that content / hint to form the answer to the questions.
-For some questions, we may simply tell you to refer to specific resources [specific chapters from specific book (s) / links]
- Download the RBI DEPR Phase-2 Test Series Details by clicking the link below.
Navigating the RBI DEPR Phase-2 Exam: Insights, Strategy, and Complete Booklist
Clearing Phase-1 of the Reserve Bank of India’s Department of Economic and Policy Research (RBI DEPR Exam) is a significant milestone. However, the true test of your depth as an economist lies in the descriptive stage. Moving from rapid-fire multiple-choice questions to constructing rigorous, policy-oriented answers requires a fundamental shift in your preparation mindset.
Over the past five years of guiding toppers through the RBI DEPR journey, we have observed that success in Phase-2 is rarely an accident. It is the result of aligning theoretical clarity with a disciplined, exam-oriented writing strategy. If you choose to enroll in our structured RBI DEPR Phase-2 Test Series, you will directly benefit from this accumulated experience, refining your answer structures to match exactly what the evaluators expect.
About the RBI DEPR Phase-2 Exam
The RBI DEPR Phase-II examination consists of two descriptive papers conducted on the same day, with a gap of around approx. 2 hours between the two papers.
Exam Pattern Breakdown
| Paper | Focus Areas | Duration | Max Marks |
| Paper I | Micro-Economics and Macro Economics | 120 Minutes | 100 Marks |
| Paper II | Quantitative Economics and Indian Economy | 120 Minutes | 100 Marks |
The question paper will be displayed on the computer screen, but you must write your answers by hand on physical paper.
Succeeding in this specific environment comes down to a simple formula: Knowledge x Writing Skills. One without the other will cap your score, so your preparation must target both simultaneously.
1. Building the Knowledge Base
To maximize your score potential, you cannot afford to cherry-pick modules.
Comprehensive Syllabus Coverage: Ensure every single topic listed in the official RBI DEPR Syllabus syllabus is prepared thoroughly.
Spaced Repetition: Revise your core models, mathematical proofs, and econometric assumptions multiple times. High retention under exam pressure is directly proportional to how many times you have re-reviewed your foundational notes.
2. Sharpening Your Writing Skills
Understanding economic concepts is only half the battle; reproducing them clearly on paper is what earns marks.
Learn the Framework: Before writing, understand how to structure an answer—balancing introductory economic theory, clean mathematical steps, properly labeled graphs, and empirical policy conclusions.
Rigorous Mock Implementation: Put this structural knowledge into practice by attempting full-length mock tests under timed conditions.
Incorporate Evaluator Feedback: Treat your corrected answer copies as blueprints for improvement. Review the comments and suggestions from your evaluator, modify your approach, and consciously fix those structural or logical gaps in your next test.
What We Infer from Previous Years’ RBI DEPR Questions
Analyzing past trends reveals distinct patterns in how the RBI Services Board structures its assessments. Five years of tracking questions across both phases has highlighted several critical takeaways for your preparation strategy:
No Room for Selective Study: Every single topic mentioned in the official RBI DEPR Syllabus must be prepared completely. The exam frequently features questions from peripheral or skipped topics; if you leave a gap in your coverage and a major question appears from it, it immediately puts your qualifying chances at risk.
Presentation Creates the Edge: While the core questions are often straightforward, standard textbook problems, a flat or generic answer will not score highly. Having a structured writing approach—cleanly partitioning your mathematical proofs, maintaining precise graphical layouts, and presenting text logically—gives you a distinct competitive advantage over other candidates.
Direct Reliance on Standard Texts: Questions are regularly extracted straight from foundational economics textbooks without major alterations. This makes thoroughly reading and revising the recommended booklist an absolute necessity.
Direct Matches from Our Test Series: Over the years, candidates have frequently encountered EXACT QUESTIONS in the actual exam from our RBI DEPR Phase-1 Test Series or RBI DEPR Phase-2 Test Series, occasionally including ones with the exact numerical values! If you are already enrolled in our Phase-1 or Phase-2 Test Series, it is imperative that you complete every test and review the solutions closely; skipping a single mock paper could mean missing a direct exam question.
Recommended Booklist for RBI DEPR Phase-2 Exam
The following RBI DEPR booklist was recommended by RBI in the official notification till RBI DEPR 2024 Exam.
Microeconomics & Macroeconomics (Paper I)
Microeconomic Analysis – Hal Varian (Essential for mathematical optimization)
Advanced Microeconomic Theory – Jehle & Reny
Macroeconomics – H.L. Ahuja or Froyen (For foundational models)
Macroeconomics: A European Text – Burda & Wyplosz (Excellent for open-economy extensions)
Growth & Development Economics – Debraj Ray or A.P. Thirlwall
Quantitative Economics & Indian Economy (Paper II)
Introductory Econometrics: A Modern Approach – Jeffrey Wooldridge
Basic Econometrics – Damodar Gujarati
Fundamental Methods of Mathematical Economics – Alpha Chiang
Indian Economy Since Independence – Uma Kapila
Official Reports – Primary focus on the latest Economic Survey of India, the Union Budget, and the RBI Annual Report.
You may also refer to this RBI DEPR Booklist
Streamline Your Preparation
Phase-2 preparation requires transforming your postgraduate knowledge into highly structured answers. To explore a comprehensive guide on eligibility, selection cycles, and syllabus breakdowns, read the full RBI DEPR Exam Guide. For the official administrative guidelines and full statutory details, you can consult the RBI DEPR 2026 Notification Details.
If you are looking to ground your preparation in consistent, realistic practice, enrolling in our RBI DEPR Test Series will provide the structured timeline and thorough assessment you need to approach exam day with confidence.
Resources