RBI GRADE B EXAM

RBI GRADE B EXAM

Course Description

Overview

RBI Grade B is one of the most significant banking exams conducted across the country.

The Grade B officer recruitment exam is the only entry-level officers’ exam that is conducted by the RBI, and a great way to enter the prestigious organization of the RBI. Lakhs of aspirants appear for these exams every year.

This makes the RBI Grade B exams one of the toughest and the most competitive government job entrance exams in the nation.

Therefore, clearing the exam would take a lot of hard work, perseverance, and determination on the part of the aspirant.

The exam is essentially divided into 3 Phases.

The first two phases are written exams, whereas the third phase comprises a personal interview round. I have explained more about the same in the sections on the RBI selection procedure and exam pattern given below.

So, basically, the RBI Grade B Officers are mandated with the task of keeping the nation’s economy stable by creating policies and regulations for Indian Banks, as well as maintaining market prices.

Now saying that the post of an RBI Grade B Officer is a prestigious one will be an understatement.

Well, obviously the glory of the post is immeasurable but the pay scale and additional bonuses are also pretty handsome too, might I add.

Another thing to know is that the RBI Grade B openings are published for a variety of posts including- Officers in Grade ‘B’ (DR) – (General), Officers in Grade ‘B’ (DR) – DEPR, and Officers in Grade ‘B’ (DR) – DSIM.

Now with a job that appealing, who’d be crazy enough to not fight for it? But it wouldn’t be the easiest of fights out there, actually scrap that, it wouldn’t be easy at all.

Eligibility criteria

1) Age Eligibility

You must be above the age of 21 years but must not have touched the 30th year of your life. If you have an M.Phil. or a Ph.D. degree, the upper age limits are 32 and 34 years respectively.

If you belong to the SC/ST category, there is a provision for relaxation of the upper age limit up to 5 years.
 

2) RBI Grade B Officers (General) Educational Qualification Requirements

PostMinimum Education Qualification
GeneralYou should have 60% marks in Graduation (50% for SC/ST/PwBD applicants) or Post Graduation with a minimum of 55% marks(pass marks for
SC/ST/PwBD applicants) in aggregate of all semesters/years. Many students ask if 60% marks in graduation should be in each semester or average. Well, relax, it’s an average of all semesters.

Exam pattern

The prelims exam of RBI Grade-B Officer comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.

SNoSection AskedNo. of QuestionsMaximum MarksDuration
1.General Awareness200200Composite time of 2 hours
2.Quantitative Aptitude
3.English Language
4.Reasoning

Note:

  1. A total time of 120 minutes will be given for the prelims exam. However, separate time will be allotted for each test. detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letter for RBI Grade B prelims exam.
  2. Candidates have to secure minimum marks separately for each test as well as in aggregate.

RBI Grade B Mains Exam Pattern

S NoSections / SubjectsPaper TypeMaximum MarksDuration (minutes)
1.Paper I: Economics and Social Issues50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)50
50 Total-100
30
90 120 minutes
2.Paper II: English (Writing Skills)Descriptive (3 questions)10090 minutes
3.Paper III: Finance and Management50% Objective Type and 50% Descriptive50
50 Total-100
120 minutes

RBI Grade B Officer Interview Process

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

Syllabus

The RBI Grade B Syllabus for the prelims exam is similar to the other Bank Exams. The major sections from which the questions are asked are:

  1. Reasoning
  2. Quantitative Aptitude
  3. General Awareness and
  4. English Language
EnglishQuantitative AptitudeReasoningGeneral Awareness
GrammarMensurationPuzzlesBanking & Financial Awareness
VocabularyTime and WorkSeating ArrangementMonetary Policies
Error SpottingAverage, Ratio, PercentagesDirections and DistanceEconomic Terms
ComprehensionSpeed, Distance and TimeData SufficiencyCurrent Affairs
Passage MakingMixture and AllegationsBlood RelationsFinancial & Economics News
Jumble WordsPermutation and CombinationSyllogismStatic GK
Fill in the BlanksData InterpretationCoding-DecodingGovernment Schemes, Agreement & Deals
Sentence FramingProbabilityInequalityBanking terms, rates, processes

Application fee

A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC Categories for RBI Grade B exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD Category.

CategoryApplication Fee
General/OBCRs. 850/- + 18% GST
SC/ST/PWDRs. 100/- + 18% GST
Staff@RBINil

How to apply

To apply for RBI Grade B, you can follow these steps:

1. Visit the official website of the Reserve Bank of India (RBI) at https://www.rbi.org.in/.

2. Go to the “Opportunities@RBI” section and click on the “Current Vacancies” tab.

3. Look for the advertisement for the RBI Grade B exam and click on it to read the details.

4. Check the eligibility criteria for the exam and ensure that you meet all the requirements.

5. Click on the “Apply Online” link and register yourself by providing your basic details such as name, email ID, phone number, etc.

6. Once you have registered, fill in the application form with all the necessary details such as personal information, educational qualifications, work experience, etc.

7. Upload your photograph, signature, and other relevant documents as per the specifications mentioned in the application form.

8. Pay the application fee online using a debit card, credit card, or net banking.

9. After submitting the application form, take a printout of the confirmation page for future reference.

10. Keep checking the official website for updates on the exam date, admit card, and result.

I hope this helps! Good luck with your application.

RBI GRADE-B FAQ's

  • What is RBI Grade B exam?
    RBI Grade B is a national level exam conducted by the Reserve Bank of India to recruit eligible candidates for the post of Grade B officer in its various branches across the country.
  • What are the eligibility criteria for RBI Grade B exam?
    The eligibility criteria for RBI Grade B exam include a minimum age of 21 years and a maximum age of 30 years, a bachelor’s degree with at least 60% marks or equivalent grade, and other specific requirements depending on the category of the candidate.
  • What is the exam pattern for RBI Grade B exam?
    The RBI Grade B exam consists of three phases – Phase 1, Phase 2, and Interview. Phase 1 is an online objective test consisting of 200 multiple choice questions from subjects such as General Awareness, English Language, Quantitative Aptitude, and Reasoning. Phase 2 is also an online test and consists of three papers – Economic and Social Issues, English Language, and Finance and Management. The Interview is the final stage of the selection process.
  • What is the syllabus for RBI Grade B exam?
    The syllabus for RBI Grade B exam includes subjects such as General Awareness, English Language, Quantitative Aptitude, Reasoning, Economic and Social Issues, Finance and Management, etc.
  • What is the salary of an RBI Grade B officer?
    The starting salary of an RBI Grade B officer is Rs. 35,150/- per month (approx.) along with various other allowances and benefits.
  • How to prepare for RBI Grade B exam?
    To prepare for RBI Grade B exam, candidates should have a proper study plan, a good understanding of the exam pattern and syllabus, and should solve previous year question papers and mock tests. It is also recommended to refer to standard books and study material and stay updated with current affairs.