RBI Grade B Phase II Exam Pattern, Selection Procedure 2016

Applications (App.) are invited for the post Officers in Grade B in Reserve Bank of India (RBI/Bank) from Indian citizens, citizens of Nepal and subjects of Bhutan, persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been i see more...

Post Name

Officers in Grade B

Date of Exam

19th September, 2016

View Full Schedule

For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.

For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years.

For such candidates, upper age limit should not exceed 33 years including experience.

For experience, probationary period will not be reckoned.

Application Procedure

MODE OF EXAM : Online

Candidates are requested to apply only ON-LINE through Bank’s website www.rbi.org.in

No other mode for submission of application is available.

Eligibility Criteria

Education Qualification

(As on 01/07/2016):

A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th standard examinations.

The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be in aggregate for all semesters / years.

Age Limit

(As on 01/07/2016):

Between 21 and 30 years (candidates must have been born not earlier than 02/07/1986 and not later than 01/07/1995).

Selection Process

Selection will be through ON-LINE Examinations and Interview.

ON-LINE Examinations will be held in two phases: Phase I and Phase II.

Exam Syllabus

The combined syllabus for Phase II Examination is as follows:

Paper-I - Economic and social Issues:

Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatization – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

Paper-II -English (Writing Skills):

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Paper-III -Finance and Management:

(I) Finance

(a) Financial System

Regulators of Banks and Financial Institutions
Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity,etc.), functions, instruments, recent developments.

Risk Management in Banking Sector
Basics of Derivatives: Forward, Futures and Swap
Changing Landscape of Banking sector
Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
Financial Inclusion- use of technology
Alternate source of finance, private and social cost-benefit, Public-Private Partnership
Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.

Name of Test	Maximum Marks	Time Alloted (min)	Paper Type
Economic and Social Issues	100	90	Objective
English (Writing Skills)	100	90	Descriptive
Finance and Management	100	90	Objective

S.NO.	EVENT DATE	DETAIL
1	18th July, 2016 - 9th August, 2016	Application Date
2	11th September, 2016 - 19th July, 2016	Admit Card Download Date
3	19th September, 2016 - 19th September, 2016	Exam Date
4	14th October, 2016 - 25th October, 2016	Result Date

IAS

Railways

SSC

Banking

Insurance

State Exams

Teaching Exams