RBI Grade B 2023 Examination conducted by the Reserve Bank of India, is a lucrative and high in demand opportunity for the individuals who are willing to establish a carrier in banking sector.
This year Reserve Bank of India has announced 291 vacancies for numerous posts of DEPR, DR and DSIM.
RBI Grade B 2023 exam is directed by the Reserve Bank of India, annually. This golden opportunity is available for the aspiring candidates once every year.
RBI Grade B 2023 exam is conducted in three different stages that are considered as preliminary examination (phase 1), mains examination (phase 2), and the final interview round (phase 3).
Individuals aspiring to appear for RBI Grade B 2023 exam must ensure that they fall within the eligibility criteria set by the conducting body Reserve Bank of India, before applying for the exam.
Candidates are selected and given entitlement to enhance further in their recruitment process on the basis of their overall fitness for the role along with the performance in preliminary examination, mains exam and interview round.
|Organization||Reserve Bank of India|
|Post Name||The RBI Grade B 2023 Notification is declared for several posts including: Officers in Grade ‘B’ (DR) for General|
Officers in Grade ‘B’ (DR) for DEPR
Officers in Grade ‘B’ (DR) for DSIM
RBI Grade B 2023 Exam Date
|Phase 1 – 9th July 2023 for General, 16th July 2023 for DSIM, DEPR |
Phase 2 – 30th July 2023 for General, 2nd September 2023 for DEPR, 19th August 2023 for DSIM
|Level of Exam||National|
|Frequency of Exam||Annually|
|Language of Exam||English and Hindi|
|Maximum Number of Attempts||6 for a General Category Candidate (If one has already appeared for the Phase 1 exam 6 times, then he/she is not eligible.)|
|Participating Banks/Bodies||Reserve Bank of India|
|Recruitment Process||Phase 1 (Preliminary), Phase 2 (Mains), Final Interview Round|
|Education Qualification||Bachelor’s degree in any stream /Similar technical or efficient qualification with minimum 60% marks (50% for SC/ST or PwBD candidates) or Post-Graduation / Equivalent technical degree with minimum 55% marks (pass marks for SC/ST or PwBD candidates) in total of all semesters/ years.|
|Age Limit||21 to 30 Years|
|Salary||Pay scale is on the scale of Rs. 55200-2850(9)-80850-EB-2850 (2) – 86550-3300(4)-99750|
|Important Events||Important Dates|
|Notification release||26th April 2023|
|Online Registration Open||9th May 2023|
|Online Registration Ends||9th June 2023 (Till 6:00 PM)|
|Phase 1 Admit Card||10-15 days before the exam (June/July 2023)|
|Phase 1 Exam Date||Officers in Grade ‘B’ (DR) for General – 9th July 2023 |
Officers in Grade ‘B’ (DR) for DEPR – 16th July 2023
Officers in Grade ‘B’ (DR) for DSIM – 16th July 2023
|Phase 2 Admit Card||July 2023|
|Phase 2 Exam Date||Officers in Grade ‘B’ (DR) for General – 30th July 2023 |
Officers in Grade ‘B’ (DR) for DEPR – 2nd September 2023
Officers in Grade ‘B’ (DR) for DSIM – 19th August 2023
|Phase 1 Result||18th July 2023|
|Phase 2 Result||28th August 2023|
|Interview Date||To be disclosed|
|Final Result Date||To be disclosed|
|Officers in Grade ‘B’ (DR)–(General)||109||25||17||49||22||222|
|Officers in Grade ‘B’ (DR)–DEPR||14||04||06 (04)||11||03||38|
|Officers in Grade ‘B’ (DR)–DSIM||09||08 (05)||05 (05)||06||03||31|
The candidates are required to fulfill a certain educational qualification criteria in order to be eligible for appearing in RBI Exam
All the individuals willing to grab this opportunity must be aware of all the eligibility criteria set by RBI to be able to advance further in the recruitment process. If a candidate does not meet the RBI Grade B eligibility requirements, their application may be rejected at any point during the RBI Grade B Recruitment 2023 process.
RBI Grade B eligibility criteria constitutes the number of attempts, age limit criteria, Nationality/ Citizenship and educational qualification.
Candidates intending to apply must fall in a certain age group to be considered entitled for the recruitment process.
Shown below is brief description of the age relaxation for several reserved categories:-
|Category||Maximum Age Limit (In Years)|
|Other Backward Classes (OBC)||33|
|PwD (General/ EWS)||40|
|PwD (SC/ ST)||45|
Aspirants must note that there is a set limit for the number of times an individual may appear for this exam, however, it is specified category wise. The general category candidates have a certain limit while other categories are not necessarily bound within limits, according to the set guidelines for RBI Grade B 2023 exam. Refer to the table shown below-
|Category||Number of Attempts|
|Officers in Grade ‘B’ (DR) – (General)||Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.|
|Officers in Grade ‘B’ (DR) – DEPR||A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.|
|Officers in Grade ‘B’ (DR) – DSIM||Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute.|
The admit card is an essential document for the aspirants that must be kept with you while entering into the examination hall. Without this Admit Card candidate’s entry into the examination hall will be denied. RBI Grade B admit card is released by the official authorities to inform the candidates about the exam dates, place and the reporting time.
The details are released 10-15 days prior to the exam. It is extremely important because it helps to avoid any kind of fraudulent activity and misrepresentation in the exam, at the same time helping the candidates to be able to note the examination centre and exam date and reach the centre before the reporting time.
|Andaman & Nicobar||Port Blair|
|Andhra Pradesh & Telangana||Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram|
|Arunachal Pradesh||Itanagar, Naharlagun city|
|Assam||Dibrugarh, Guwahati, Jorhat, Silchar|
|Bihar||Bhagalpur, Muzaffarpur, Patna|
|Daman & Diu||Jamnagar|
|Gujarat||Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara|
|Haryana||Hissar, Karnal, Rohtak|
|Himachal Pradesh||Dharamsala, Shimla|
|Jammu & Kashmir||Jammu|
|Jharkhand||Bokaro, Dhanbad, Jamshedpur, Ranchi|
|Karnataka||Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi|
|Kerala||Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil|
|Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur|
|Maharashtra||Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur|
|New Delhi||Delhi –NCR|
|Orissa||Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur|
|Punjab||Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala|
|Rajasthan||Ajmer, Jaipur, Jodhpur, Kota, Udaipur|
|Sikkim||Gangtok, Bardang City|
|Tamilnadu||Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin|
|Uttar Pradesh||Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi|
|Uttarakhand||Dehradun, Haldwani, Nainital, Roorkee City|
|West Bengal||Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri|
All the candidates aspiring to appear for RBI Grade B Exam must note that the Reserve Bank of India (RBI) has initiated accepting applications for this exam from 9th May 2023. Aspirants must start completing their registration process and submit their online application by visiting the official website of RBI (www.rbi.org.in).
The overall submission of the application along with the total fees will be conducted in online mode only.
For the candidate’s belonging to the General/OBC category, the application fee is a total of Rs. 850 and for the candidates belonging to the SC/ST/PWD category, the application fee is Rs. 100.
RBI has initiated accepting applications for RBI Grade B 2023 in online mode. Aspirants have to depend on online mode only for submitting applications and the fees both. All the aspirants must ensure accuracy while filling up the details in the application form.
Application form for RBI Grade B 2023 Examination is accessible on the official website of RBI ( rbi.org.in).
Refer to the following steps:-
Note:- Candidates should ensure the submission of their application to avoid any last moment difficulty.
The RBI Grade B exam pattern provides an overall information and a proper pattern of the exam. To excel in the RBI Grade B Examination, it is important for individual aspirants to make note of all the most important sections that carry the maximum weightage, the number of questions, and the total duration of the exam.
|Name of Subject||No. of Questions||Maximum Marks||Duration|
|General Awareness||80||80||25 minutes|
|English Language||30||30||25 minutes|
|Quantitative Aptitude||30||30||25 minutes|
|Reasoning Ability||60||60||45 minutes|
RBI Grade B 2023 Exam Pattern For Phase 2
|Name of Test||Paper Type||Maximum Marks||Time Allotted|
|Paper I – Economic and Social Issues||50% Objective Test |
50% Descriptive Test
|30 mins |
|Paper-II – English (Writing Skills)||Descriptive Test||100||90 mins|
|Paper III – Finance and Management||50% Objective Test |
50% Descriptive Test
All the aspiring candidates should definitely refer to the official syllabus to start preparing for the RBI Grade B Exam. However the recent notification for RBI Grade B 2023 has not been concluded yet, we have provided the information regarding the expected based on the previous year notification. Check out RBI Grade B Syllabus.
To make it easier for the candidates to access the syllabus for the Phase 1 Examination of the RBI Grade B 2023 it has been categorized into four sections.
The syllabus for all 4 subjects is given below.
Candidates must have a great command on questions majorly based on Quantity, Data Interpretation, Simplification, Data Sufficiency, Approximation, Quadratic Inequalities, and Number Series.
Also, some important Arithmetic Topics: like Partnership, Speed-Time-Distance, Average, Ages, Profit & Loss, Time & Work, Boat & Stream, Trains, Simple Interest and Compound Interest, Percentage, Ratio & Proportion.
Reasoning Syllabus for RBI Grade B 2023 includes Logical Reasoning questions, Coding Decoding, Blood Relation, Syllogism, Input Output, Data sufficiency, Puzzle, Alphanumeric Series, Order and Ranking, Direction Sense, Alphabet Test.
This examinations analyzes the candidates with their efficiency in the topics like Phrases and Idioms, Para jumbles, Error spotting, also some relevant question on New Pattern like Reading comprehension Paragraph completion, Rectifying Grammatical errors, Rearrangement of the words, Column Based Questions, questions on Sentence Improvement.
*In order to refer to the material related to current affairs available on the websites of RBI, candidates are required to log in the exam page, then click on RBI current affairs under the section RBI Grade B access resources.
The phase 2 exam will carry questions based on globalization, Hence, candidates should refer information on regional economic corporation, export import policy, Monetary Fund International, WTO, International Economic issues and World Bank, Indian Economy, Balance of Payments, and International Economic Institutions
Indian Money and Financial Markets: Link with the Economy – Role of Indian Banks and Reserve Bank in the Development Process – Political Economy – Public Finance – Indian Agriculture Industrial Developments in India – Services sector in India. Economic History of India. Changes in Industrial and Labour Policy. Financial and fiscal policy since the 1991 reforms.
The Union Budget’s and the Economic Survey’s priorities and recommendations.
Growth and Development:
Growth is measured in terms of national income and per capita income, as well as the reduction of poverty and creation of jobs in India, sustainable development, and environmental issues.
Social Structure in India:
Social Movements, the Indian Political System, Human Development, Spread of the Urban Culture and Migration, Gender Issues, Social Justice: , Health and Education, Positive Discrimination for the Underprivileged, Social Movements, Social Sectors in India.
The test for English is set to analyze the candidate’s skills of writing, art of expression and the overall understanding of the topic. Essay writing, Letter writing, Precis, etc.
Risk Management in the Banking Sector, Global financial markets, and International Banking Basics of Derivatives – broad trends and latest developments, Alternate source of finance, Financial Inclusion, Public-Private Partnership, private and social cost-benefit, Corporate Governance in the Banking Sector, the role of e-governance in addressing issues of corruption and inability in the government sector, The Union Budget – approach, concepts, and broad trends, Inflation: estimates, trends, definition, consequences, and remedies (control): WPI, CPI – components and trends; striking a balance between growth and inflation through monetary and fiscal policies, FinTech
Relevant information on Primary and Secondary Markets (Money, Forex, Equity, Bond, etc.), instruments, functions, and current developments.
Regulators of Banks and Financial Institutions, Reserve Bank of India- functions and conduct monetary policy, Banking System in India – Structure and concerns, Financial Institutions – EXIM Bank, SIDBI, NHB, NABARD, etc, Changes in landscape of banking sector, Impact of the Global Financial Crisis of 2007-08 and the Indian response
Concept, importance, Content theories- McCllelands’ theory of needs, Maslow’s need theory, Herzberg’s two-factor theory, Alderfer’s ERG theory and Process theories (Adams equity theory, Vroom’s expectancy theory).
Candidates should also learn certain Behavioral, Transformational concepts and theories in order to have a proper idea of the leadership content. Also, Emotional Intelligence and their Concept, Importance. Overall Interpersonal Relationship analysis: Transactional Analysis, Johari Window; Conflict: Concept, Types, Sources, Conflict management; Organizational Change: Theories of Planned Change (Lewin’s change model, Action research model, Positive model) Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organizational Change, Strategies for Change.
Ethics at the Workplace and Corporate Governance
Candidates should learn what the importance of Ethics is and what certain Ethical issues that businesses face are. Theories of ethics: Utilitarianism: social cost and benefits, rights, and duties, Justice and fairness, justice, integrating utility, rights, caring and justice, An alternative to moral principles: virtue ethics, teleological theories, and relativism, egoism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Also, Ethics and structure of organization, Board of Directors- roles and responsibilities, introduction to Business, Information regarding Code of Conduct and code of Ethics.
After the completion of the overall recruitment process for RBI Grade B 2023 exam, a cut-off score is announced each year. It is the minimum marks that are required by a candidate to obtain so as to be considered qualified for all the three phases separately. The cut-off is separately declared for all three phases of the RBI Grade B exam. To successfully pass the exam, an aspirant should surely pass both the sectional and overall cut-off to enhance further in the recruitment process. This will help aspiring individuals to strategize their preparation and analyze the exam pattern and also understand the competitiveness of the RBI Grade B Exam.
For the candidates to get an idea of the difficulty level and the pattern of RBI Grade B exam, they must note the previous year’s cut-off.
As mentioned above, there are several elements that affect the overall cut-off of the RBI Grade B exam. Cut-off and it keeps changing every year.
Candidates can refer to the table below to check the cut-off details for previous year.
|Category||RBI Grade B Cut Off (2022)|
|PwBD||General-208.25 OBC-196.75 SC-176.25|
The Reserve Bank of India offers highly profitable RBI Grade B Salary 2023 to the candidates recruited as Officers. Along with the salary, the candidates are also authorized to numerous perks and emoluments that increase the desirability of their job.
To read more about RBI Grade B Salaries, Click Here
RBI Grade B exam is considered to be a challenging exam as it is highly competitive and attracts a large number of candidates every year. The exam is outlined to examine the candidate’s knowledge and understanding of various topics allied with economics, banking, and finance.
Aspirants should have completed their graduation with a minimum of 60% marks or a master’s degree with a minimum of 55% marks to become entitled to RBI Grade B 2023.
Yes, the RBI Grade B Short Notification is declared on 26th April 2023. The detailed notification will be declared on 9th May 2023 on the RBI’s official website.
The recruitment process for RBI Grade B 2023 exam is conducted in three different stages that are considered as Preliminary Exam (phase 1), Main Exam (phase 2), and the final interview round (phase 3). Candidates should also know the difficulty level of the RBI Grade B 2023 exam before applying. With consistent exercise and hard work, an aspirant can become an RBI Grade B officer.