About RBI & RBI Grade B Officer Exam
RBI stands for Reserve Bank of India. The Reserve Bank of India conducts the RBI Grade B Officer Exam every year. This exam is for candidates interested in Grade B officers. It was founded in 1935 by British Raj. RBI conducts exams for officers and office assistants for various departments.
| Abbreviation |
RBI |
| Type |
Government Autonomous Recruitment Body |
| Purpose |
Supervise Financial Sector of India |
| Location |
Maharashtra, India |
| Chairman |
Mr. Rajkiran Rai G |
| Director |
Shri Harideesh Kumar B |
RBI Selection Process
Phase I: Objective Written Examination
The objective written examination is a two-hour exam with 200 questions. A student receives a +1 mark for each correct answer. A -0.25 penalty for each incorrect response. There is no penalty for failing to attempt questions. The Tier – 1 examination score is not counted into the final score, so it is a qualifying examination.
Phase II: Online Written Examination ( Objective & Subjective )
This phase consists of three different question papers. It is Economic and Social Issues, English (Writing Skills). And an optional choice between Finance and Management, Economics, and Statistics.
Phase III: Interviews
This stage includes an interview with a panel of 4-5 bureaucrats/psychologists. The interview is based on human resources. And a candidate’s general perception of the nation, the government. And knowledge of the Indian and international banking systems. The interview is 50 points.
RBI Grade B Notifications/News
The Reserve Bank of India (RBI) has published the official notification for the RBI Grade B Officer Exam. This is to fill 322 Officer positions. It will be a great opportunity for graduates looking for a job at the (RBI).
Read below to know more about important dates and events.
| Events |
Important Dates |
| RBI Grade B notification |
January 2022 |
| RBI Grade B notification PDF |
January 2022 |
| RBI Grade B apply online (Link Activated) |
February 2022 |
| RBI Grade B apply online (Link Deactivated) |
March 2022 |
| RBI Grade B Phase 1 (Prelims) call letter |
To be announced |
| RBI Grade B DEPR/DSIM call letter |
To be announced |
| RBI Grade B exam date |
To be announced |
| RBI Grade B Phase I result |
To be announced |
| RBI Grade B mains admit card |
To be announced |
| RBI Grade B Phase I cut off marks |
To be announced |
| RBI Grade B mains exam |
To be announced |
| RBI Grade B mains result |
To be announced |
Exam Dates of RBI Grade B
RBI has announced the exam date for the post of Grade B Officer.
Exam dates are given below.
| Exam Name |
Date |
| Prelims Exam Date |
To be announced |
| Main Exam Date |
To be announced |
RBI Grade B Application Fee
RBI collects the intimation fees from the interested candidate. The fee structure for RBI Grade B exams is listed below by category. Payment must be paid online by the applicant.
| Category |
Charges |
Amount |
| SC/ST & PWBD |
Intimation Charges |
₹ 100/- |
| GEN/OBC & EWSs |
Application fee + intimation charges |
₹ 850/- |
| RBI Staff |
Zero |
Zero |
Eligibility Criteria of RBI Grade B Officer
Candidates who fulfill eligibility criteria can become part of the RBI Grade B Officer. The candidate must satisfy age, education, and nationality criteria.
Educational Qualifications (As of 1st Jan. 2021):RBI Grade B Officers are divided into three categories, each with its own set of educational requirements. Below are the specifics of the required education certification.
Officers in Grade ‘B’ (DR) – (General)
- A minimum of 60% in any discipline/equivalent technical or professional certification (50 % for SC/ST/PwBD applicants).
- Post-Graduation / Equivalent technical qualification with a minimum of 55 % in all semesters/years (pass marks for SC/ST/PwBD applicants).
Officers in Grade ‘B’ (DR) – DEPR
- A Master’s degree in Economics, Econometrics, Quantitative Economics, Mathematical Economics, Integrated Economics. Course/ Finance from a recognized Indian or international university/institute, with a minimum grade of 55 % across all semesters/years.
- A minimum of 55 % of all semesters/years is required for a PGDM/ MBA Finance. It must be from a recognized Indian or foreign university/institute.
Officers in Grade ‘B’ (DR) – DSIM A minimum of 55 % of all semesters/years is required for a Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics. Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay.
Nationality / Citizenship of Applicants
A candidate must be an Indian citizen to apply for RBI Grade B Officer Examination.
Age (As of 1st Jan. 2021)
Minimum – 21 Years
Maximum – 30 years
Candidates with M.Phil. and Ph.D. degrees will have an upper age limit of 32 and 34 years, respectively.
Vacancies 2022 of RBI Grade B Officer
Reserve Bank of India (RBI) has announced the total number of vacancies for the RBI Grade B 2021 exam and its Official Notification. This year, RBI introduced 322 vacancies.
RBI has announced below vacancies mentioned for different posts.
| Posts |
GEN |
SC |
ST |
OBC |
EWSs |
Total |
| Grade ‘B’(DR)- General |
108 |
49 |
27 |
59 |
27 |
270 |
| Grade ‘B’(DR)- DEPR |
13 |
5 |
3 |
6 |
2 |
29 |
| Grade ‘B’(DR)- DSIM |
9 |
5 |
5 |
3 |
1 |
23 |
Know More – RBI Grade B Exam Pattern And Syllabus
RBI Grade B Salary
When it comes to the salary of RBI Grade B Officers, it is the highest of any government or banking job in the country. The current salary of an RBI Grade B officer is Rs. 77000/-. (approx.). The monthly basic pay for a Grade B officer is Rs. 35,150/-.
How to Apply?
RBI has opened the online registration window of RBI Grade B Officer on Jan. 28
th, 2021. The candidates can apply only through
RBI’s website.
The application form is available on the RBI website. The steps to fill RBI Grade B Officer application form are explained below. The application can be filled only by online method.
Step 1: RBI Grade B Officer Exam Registration
- Visit the official website
- Click the link ‘New Registration’ on the home page.
- Enter name, phone number, email id, and security code
- Upon successful registration, a provisional registration number & password are generated
- The provisional registration number & password are also emailed to the email address.
Step 2: Upload Photo and Signature
- Post-registration, candidates need to upload the photograph, signature, left thumb impression. And along with this, a handwritten declaration is also required from the candidate’s end.
- Please upload Signature in small letters only
- The left thumb impression should be properly visible
- The handwritten statement should be in English only
Step 3: Fill the detailed application form
This page is divided into three parts, basic details, educational qualification & experience, and preferences. Check details below:
Basic details: Candidates must fill out basic information such as their category, nationality, personal information, exam center, date of birth, gender, father’s or mother’s name, residence, and so on.
Educational Qualifications, Work Experience, and Languages: Candidates must input information about their graduation, such as the year they graduated, the college they attended, the percentage of marks they received, and the grade they received (if any). They must also list their previous employment experience. Candidates must also list the languages in which they can read, write, and speak.
Preferences: Candidates need to enter the preferences of banks where they wish to work upon selection. SC/ST/Minority candidates can opt for pre-exam training in this part.
Step 4: Preview of RBI Grade B Officer application form
Candidates should examine the application form before submitting it. They can make changes to the information in the application form while it is being validated. Candidates must then agree to the terms and conditions before submitting their application.
Step 5: RBI Grade B Officer fee payment
- Candidates need to follow the steps below for making payment.
- The payment modes are Debit/ Credit Cards, Internet Banking, IMPS, and Cash Cards/ Mobile Wallets, etc.
- After the successful transaction, an e-receipt will be generated.
- Candidates must print the e-receipt as well as the online application form that contains the fee payment information.
There are a few things that candidates should keep in mind while applying for IBPS PO.
- Scanned photograph and signature
- Left thumb impression
- A handwritten declaration
- Bank details to pay the application fees
- Marksheet of graduation to enter educational details
- Valid email ID and contact number
RBI Grade B Officer Exam Syllabus
The syllabus is almost the same as other banking exams.
RBI Preliminary Exam
RBI Grade B syllabus for preliminary exam has four parts General Awareness, Reasoning, Quantitative Aptitude, English Language. Candidates must go through the grade B officer syllabus.
The detail of the syllabus is given below.
| Reasoning |
Quantitative Aptitude |
General Awareness |
English Language |
| Puzzle |
Simplification & Approximation |
Current Affairs |
Reading Comprehension |
| Alphabets/ Alphanumeric Series/ Numeric Series |
Number Series |
Banking Awareness |
Cloze Test |
| Direction sense |
Inequality (Quadratic & Quantity based) |
Indian Financial System |
Para jumbles |
| Data Sufficiency |
Ratio & Proportion, Partnership |
Indian Banking System |
Vocabulary Based |
| Inequalities |
Percentage |
Banking History |
Multiple Meaning/Error Spotting |
| Syllogism |
Mixtures & Allegations |
Monetary Plans |
Paragraph Completion |
| Input-Output |
Average & ages |
National and International Institutions |
Fill in the blanks |
| Seating Arrangement |
Profit & Loss |
Bank Terms & Abbreviations |
Spelling Errors |
| Blood Relation |
Time and work & Pipe and cistern |
Economic News |
Word Replacement |
| Order and Ranking |
Simple Interest & Compound Interest |
Banking Agreements |
Column based Fillers and Sentence Connectors |
| coding-decoding |
Data Interpretation |
Government Schemes |
Word Usage |
|
Data sufficiency |
Awards |
Idioms and Phrases |
|
Time & Distance, Boat & stream |
Books and Authors |
Sentence Completion |
|
Mensuration (2D&3D) |
Sports News |
|
|
Permutation, Combination &Probability |
|
|
RBI Grade B Mains Syllabus
The Mains Exam 2021 will be divided into three sections: Economic and social issues, Finance, and Management. RBI Grade B syllabus has 3 subjects economics and social sciences, English, finance, and management. In this section, questions are objective and subjective as well.
The following is the overall syllabus:
| Subject |
Syllabus |
| Economic & Social Issues |
Social Structure in India
Economic Reforms in India
Growth and Development
Globalization |
| Finance |
Risk Management
Basics of Derivatives
Financial System & Markets
Development in Financial Sector
Union Budget
Inflation |
| Management |
Communication
Corporate Governance
Role of Manager
Human Resource Development
Motivation, Morale, and Incentives |
RBI Grade B Exam Pattern
RBI Grade B Officer exam pattern is divided into three parts, Phase I, Phase II, and interview. Therefore, the exam pattern is different for different stages of selection.
Candidates who successfully qualify in the phase I exam called for the phase II exam. Candidates, based on their phase II exam score, are called for an interview. The final selection of candidates is made based on their performance in the main exam and interview.
RBI Grade B officer exam pattern provides details regarding the overall structure of the exam. Such as marking scheme, total marks, number of sections, and time duration. Therefore, before beginning with the RBI Grade B Officer exam preparation, it is advised that candidates must go through the exam pattern thoroughly to understand how they should utilize their time and secure a good ranking.
RBI Grade B Admit Card
RBI Grade B conducts recruitment exams for RBI assistants or support staff. So, the RBI Grade B admit cards are available on the official site of RBI Grade B. From their candidates have to download the admit card and sit for the examination. Admit card contains various information such as the candidate’s name, roll number, roll code. And exam date and time, and also about the exam center. It also contains the date of birth, photograph, and signature of the candidate. Candidates need to carry those admit cards along with them before going to the examination center. Within a few seconds, one can download the admit card from the website and take a print of the same.
Steps to Download the RBI Grade B admit card.
- The first step to download the admit card is to visit the official website of conducting authority.
- Click the link to the RBI Grade B admit card.
- To download the admit card candidate need to put in all credential such as ID and password.
- The candidate also needs to enter our privacy code, which is present on the left side of the RBI website screen. After that download option will come to click it to download the same.
- After downloading admit card will be visible on the screen.
- As it is necessary to carry the admit card to the exam center, so candidates need to take a print of it.
Admit Cards Details for RBI Grade B
RBI Grade B admit card contains candidate names, exam date, father’s name rolls code date of birth, exam center, exam time and exam name, and photograph and signature.
RBI Officer Grade B Result
On March 31 and April 1, 2021, the RBI Grade B Officers’ mains (Phase-II) Exam was held. All aspirants who took the RBI Grade B 2021 mains exam for Officers (Officers, DEPR / DSIM) eagerly await the RBI Grade B 2021 Phase-I exam result, scorecard, and cut-off marks.
In addition, the Reserve Bank of India (RBI) has announced the RBI Grade B 2021 Phase-II (General) result.
| Events |
Dates |
| Grade B Phase-I Exam |
6th March 2021 |
| Grade B Prelims Result |
13th March 2021 |
| Grade B Prelims Scorecard |
31st March 2021 |
| Grade B Phase-II Exam Date |
31st March & 1st April 2021 |
| Grade B Phase-II Result Date |
4th May 2021 |
How to check the RBI Grade B results?
Candidates who will appear in RBI 2021 need to visit the official website of The Reserve bank of India. Result notification for RBI 2021 will be available on the mentioned site, click on that. So, after clicking and putting credentials such as login ID and password.
The RBI result is available on the screen. The candidate needs to download the scorecard and keep it for future use. RBI the result is very important to get admission to the desired courses. The result consists of the candidate’s name, and roll number, and marks secured in the entrance examination. And once the result is available merit list will also come on the website. The exam conducting authority releases the merit list according to the scores.
Check other banking exams:
IBPS PO Exam Dates, Fees, Eligibility & Notification
SBI Clerk Exam Dates, Fees, Eligibility & Notification
SBI SO Exam Dates, Fees, Eligibility & Notification
South Indian Bank PO Exam Dates, Fees, Eligibility & Notification
FAQs
Q.1 What is the probation period for RBI Grade B?
Ans. The successful candidate needs to spend two years on probation which will be extended up to 4 years.
Q.2 How many vacancies have been released?
Ans. The total number of vacancies in 2021 is 322.
Q.3 Can a final year graduation student apply for RBI Grade B?
Ans. No, the final-year student can not apply for RBI Grade B, but the minimum qualifications require candidates to have a graduation degree or equivalent from a recognized university.
Q.4 What are the age criteria to apply for RBI Grade B?
Ans. Minimum: 21 years and Maximum: 30 years with the age benefit to reserved categories.
Q.5 What is the salary of the RBI Grade B?
Ans. The basic salary of an RBI Grade B is
Rs 35150 with a gross emolument of Rs 77208.
Q.6 What is the Application fee for RBI Grade B?
Ans. The application fee is Rs. 100 for SC/ST/PWBD candidates and Rs. 850 for all others.
Q.7 Where all details regarding RBI Grade B is available?
Ans. All details are available on the official website of the Reserve Bank Of India.
Q.8 How many days before admit cards are available?
Ans. It is available before 10 days of the exam.
Q.9 Exam for RBI Grade B is conducted offline or online?
Ans. The exam is conducted in an online mode. Throughout process is online.
Q.10 What are the total marks of the exam?
Ans. There are 200 questions total time is 2 hours or 120 minutes.
