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RBI Grade B Exam

Latest Update

RBI Grade B Recruitment Notification 2018

The Reserve Bank of India has released the official notification regarding the recruitment of RBI Grade ‘B’ Officers for the session 2017-18. The Reserve Bank of India officially announced the commencement of online application for RBI Grade B Officer Recruitment 2017. After going through the official notification for RBI Grade B Recruitment, a candidate can submit the online application through official website (www.rbi.org.in) from today onwards.

About Exam

A Grade B officer working for Reserve Bank of India is one of the highly esteemed jobs of the nation. The recruitment of RBI Grade B officer is done through an annual RBI Grade B Examination. Any candidate selected for the post of RBI Grade B officer receives enormous amounts of perks apart from a reputed job. Therefore, RBI Grade B examination is considered to be one of the most sought-after jobs among banking aspirants in India. 

Students seriously preparing for RBI Grade B 2018 examination must know all information pertaining to the exam. To help students prepare for RBI Grade B exam, this page provide entire information such as notification, exam dates, exam pattern, syllabus, online application form, cut off marks, eligibility criteria (age limit, & education qualification) and mock tests. Scroll below to know more.

Exam Dates/Notifications

The online application begins on  3rd July 2018
 Last Date to apply online  23rd July 2018
 RBI Grade B Phase-I Date of Examination  16th August 2018
 RBI Grade B Phase-II Date of Examination  07th September 2018

Application Process

The application process for RBI Grade B is quite simple and can be done in the following steps:

  • Firstly, visit the Official Link
  • Next, begin with ‘Post you Applying for’.
  • The candidates will be asked to enter details like name, date of birth, category, educational qualifications, work experience, contact details, address, and preference of test centers etc.
  • Make sure you’ve entered all the information accurately as the window for making corrections is not reliable.

RBI Grade B Recruitment 2017: Link Activation Dates

Officers in Gr B (DR) – General: Apply now
Officers in Gr B (DR) – (DEPR/ DSIM): Apply Now

Vacancies

RBI officially released 161 vacancies for the post of Officer Grade B in various departments.

Selection Process

The exam selection process for RBI Grade B exam follows:

  • Preliminary 
  • Mains
  • Interview

The Preliminary examination is objective based paper. The Mains examination is objective as well as descriptive. Read syllabus for RBI Grade B Preliminary and Mains in the syllabus section below. 

Eligibility Criteria

Candidates applying for RBI Grade B 2018 exam must meet the following eligibility criteria:

Nationality

  • Must be a citizen of India or
  • Must be a subject of Nepal or
  • Must be a subject of Bhutan or
  • Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India or
  • A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India

Age Limit

21-30 years. Read age limit section to know more.

Educational Qualification

Minimum: Graduate with 60%. Read educational qualifications to know more.

Age Limit

The age criteria for all candidates is as follows:

Candidates applying for RBI Grade B examination should be under the age group of 21 to 30 years. on the 1st of July, 2018 i.e., he/she must have been born not earlier than 2nd July, 1988 and not later than 1st July, 1997. For candidates possessing M.Phil. and Ph.D.
qualification, the upper age limit will be 32 and 34 years respectively.  This is in case if you are applying under general category only. For other categories, there is certain age relaxation.

The category wise age relaxation is as follows:

Category

Age Relaxation

SC/ST

5 years

OBC

3 years

Physically Handicapped

10 years

PH + OBC

13 years

PH + SC/ST

15 years

 

Educational Qualification

The educational qualification of candidates applying for RBI Grade B is as follows:

  • Candidates planning to apply for RBI Grade B posts must be graduates from reputed university or institute. He/She must have at least 60% mark in the graduation if they are under general category.
  • All candidates if minimum 50% marks in doctorate degree can also apply for RBI Grade B examination.
  • Candidates with a masters degree with a minimum of 55% can also apply RBI exam 2018.
  • Candidates having a post-graduate diploma in management or Masters of Business administration can also apply for the RBI Officer Grade B exam 2018.
  • Chartered Accountant (CA), Company Secretary or Cost Accountant can also apply for this examination.

Syllabus

The preliminary examination of RBI Grade B exam 2018 will comprise of the following sections:

Reasoning Ability,

Quantitative Aptitude,

English Language and

General Awareness.

Here is the detailed syllabus of RBI Grade B Prelims 2018:

Reasoning

Quantitative Ability

English Language

General Awareness

Logical Reasoning

Simplification

Reading Comprehension

Current Affairs

Alphanumeric Series

Profit & Loss

Cloze Test

Indian Financial Systems

Ranking/Direction/Alphabet Test

Mixtures & Allegations

Para jumbles

Indian Banking Systems

Data Sufficiency

Simple Interest & Compound Interest & Surds & Indices

Miscellaneous

Monetary Plans

Coded Inequalities

Work & Time

Fill in the blanks

National Institutions

Seating Arrangement

Time & Distance

Multiple Meaning /Error Spotting

Banking Terms

Puzzle

Mensuration – Cylinder, Cone, Sphere

Paragraph Completion

 

Tabulation

Data Interpretation

   

Syllogism

Ratio & Proportion, Percentage

   

Blood Relations

Number Systems

   

Input Output

Sequence & Series

   

Coding Decoding

Permutation, Combination & Probability

   

RBI Grade B Mains syllabus:

The Mains Examination of RBI Grade B exam 2018 will cover three sections:

  • Economic & Social Issues,
  • Finance and
  • Management.

The complete syllabus of RBI Grade B is as follows:

Subject

Syllabus

Economic & Social Issues

Growth and Development

Economic Reforms in India

Globalization

Social Structure in India

Finance

Financial System

Financial Markets

Risk Management

Basics of Derivatives

Development in Financial Sector

Union Budget

Inflation

Management

Role of Manager

Human Resource Development

Motivation, Morale, and Incentives

Communication

Corporate Governance

Shortlisted candidates who clear the Mains exam of RBI Grade B would be intimidated for an interview. 

Exam Pattern

The exam pattern of RBI Grade B is as follows:

RBI Grade B Exam Pattern Prelims

Serial Number

Section Asked

No. of Questions

Maximum Marks

Duration

 

General Awareness

80

80

Composite time of 2 hours

 

Quantitative Aptitude

30

30

 

English Language

30

30

 

Reasoning

60

60

 

Total

200

200

 

RBI Grade B Exam Pattern Mains

Serial Number

Section Asked

Paper Type

Maximum Marks

Duration

 

Economics and Social Issues

Objective

100

90 minutes

 

Finance and Management

Descriptive

100

90 minutes

 

English (Writing Skills)

Objective

100

90 minutes

RBI Grade B Officer Interview Process

Candidates who have good aggregate marks in Paper-I, Paper-II and Paper-III of Phase II exam will be shortlisted for the interview. The interview process will carry 50 marks.

Job Profile

Any recruited RBI Grade B officer will firstly undergo a training session of 15 days. Thereafter, he/she will be kept on probation for next 2 years. On successful completion of probationary period, candidates will be allotted to various departments. Financial Markets, Banking Supervision, Banking Regulation, Currency Issuing, Public Debt Office, Foreign Exchange, HRD etc are a few such departments.

All aspirants should be aware that work profile will differ on the basis of the department wherein they are placed. At the same time, they should also note that they would be moved into another department after a certain period of time. RBI Grade B officers are majorly involved in planning and policy decision making for Reserve Bank of India(RBI).

Candidates recruited as RBI Grade B Officers receive a chance to scale up to the post of Deputy Directors. Any officer seeking promotion to his/her next possible position should appear and clear the promotion exam.

Result

The result of RBI Grade B exam 2018 will be announced after the exam has been completed.

Cutoff

The cutoff for RBI Grade B 2018 exam will be updated here once the official notification is released.

FAQs

Frequently Asked Questions (FAQs) for RBI Exam

All those who are preparing for bank jobs are in a sense of excitement after the release of RBI exam advertisement. While the online registration links to apply are now open, many of you might find the eligibility conditions confusing to decide whether you are eligible or not. To help you better understand the conditions for RBI exam recruitment, we have compiled a list of some of your frequently asked doubts. Here, we have answered them in a very simple manner so most of you will understand it clearly.

I am in the final year of graduation. Am I eligible for this exam?
Answer: No you are not eligible. 

I have scored 59.5% marks in graduation. Am I eligible for RBI Assistant/Officer?
Answer: As per the official notification, there is no such mention of any percentage requirement. You just need to fill out the percentage obtained in graduation nearest two decimals in the online application. In case your college/university awards CGPA/ OGPA, the same should be converted into percentage and indicated in online application. If called for interview, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating that the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.

What is the Application fee for RBI Assiatant/Officer exam?
Answer: The Application fee is Rs. 850 (for General Candidates) for Officer and Rs. 450 for Assistant.

How many times can I appear for this exam?
Answer: Students can have 6 number of attempts in RBI Officer exam. However, there is no chance limit in Assistant exam.

I completed my degree through distance education. Am I eligible?
Answer: Yes.Candidates who have completed graduation through correspondence/ part –time/ open university /distance education may also apply.

Where to pay application fees?
Answer: The registration fees must be paid through online mode, via Debit/ Credit card/ Netbanking only. The payment option is integrated along with the application form. So once you complete filling the personal details, proceed to pay the fees. Remember to take a print of the e­receipt on successful completion of transaction.

Can I pay the fees at RBI branches?
Answer: Not required. There is no facility to pay the fees at RBI branches. All applicants should compulsorily remit the fees only through online payment.

Will I receive registration no. & password by Email/ SMS?
Answer: After entering your personal details, an email/ SMS containing your registration number & password will be sent. Candidates are advised to save or write it in a place that you won't forget. These details are required to download your call letter & view results as there is no facility to recover your registration number if you lose it.

I submitted the application with a mistake. Can I modify it or register again?
Answer: Once you submit the application, it is not possible to edit any details thereafter. But you can submit a new application with correct information by paying the registration fees again.

I only know to speak the local language of my state but don’t know to read or write. Can i still apply?
Anwer: Candidates applying for vacancies in a particular state must know to read, write & speak the local language of that state

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