RBI Grade B Officer Exam Dates & Notification

RBI Grade B Officer Exam Dates & Notification

RBI Grade B Officer Exam Dates & Notification
RBI Grade B Officer Exam Dates & Notification
April 12, 2021
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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 to identify qualified candidates for Grade B officer positions in its many branches.

It was founded in 1935 by British Raj. RBI conducts exams for officers and office assistants for various departments.

AbbreviationRBI
TypeGovernment Autonomous Recruitment Body
PurposeSupervise Financial Sector of India
LocationMaharashtra, India
ChairmanMr. Rajkiran Rai G
DirectorShri 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 and a -0.25 penalty for each incorrect response. There is no penalty for failing to attempt questions. The Tier – 1 examination score is not factored into the final score, so it is merely a qualifying examination.

Table of Contents

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: Interview

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 of 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 to fill 322 Officer positions. It will be an great opportunity for graduates looking for a job at the Reserve Bank of India (RBI).

Read below to know more about important dates and events.

EventsImportant Dates
RBI Grade B notification 2021January 25, 2021
RBI Grade B 2021 notification PDFJanuary 28, 2021
RBI Grade B apply online 2021 (Link Activated)January 28, 2021
RBI Grade B apply online 2021 (Link Deactivated)February 16, 2021
RBI Grade B Phase 1 (Prelims) call letterFebruary 26, 2021
RBI Grade B DEPR/DSIM call letter February 26, 2021
RBI Grade B 2021 exam dateMarch 6, 2021
RBI Grade B Phase I result 2021March 13, 2021
RBI Grade B mains admit card 2021March 20, 2021
RBI Grade B Phase I 2021 cut off marksMarch 31, 2021
RBI Grade B mains examApril 1, 2021
RBI Grade B mains result 2021May 4, 2021

RBI Grade B Exam Dates

RBI has announced the exam date for the post of Grade B Officer.

Exam dates are given below.

Exam NameDate
Prelims Exam Date6th Mar. 2021
Main Exam Date31st Mar. 2021

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.

CategoryChargesAmount
SC/ST & PWBDIntimation Charges₹ 100/-
GEN/OBC & EWSsApplication fee + intimation charges₹ 850/-
RBI StaffZeroZero

RBI Grade B Officer Eligibility Criteria

Candidates who fulfill eligibility criteria can become part of the hiring process for RBI Grade B Officer. The candidate must satisfy age, education, and nationality criteria.

Educational Qualifications (As on 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.

1. 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).

2. 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 from a recognized Indian or foreign university/institute.

3. 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 applying for RBI Grade B Officer Examination.

Age (As on 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.

RBI Grade B Officer vacancies 2021

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.

PostsGENSCSTOBCEWSsTOTAL
Grade ‘B’(DR)- General10849275927270
Grade ‘B’(DR)- DEPR13536229
Grade ‘B’(DR)- DSIM9553123

 

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. 28th 2021. The candidates can apply only through RBI’s website.

The application form is available at RBI website. The steps to fill RBI Grade B Officer application form are explained below. 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 and password provided during registration.

Step 2: Upload Photo and Signature 

  • Post-registration, candidates need to upload the photograph, signature, left thumb impression, and handwritten declaration
  • 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 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

FAQ’s

Q.1 What is the probation period for RBI Grade B?

A. 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?

A. The total number of vacancies in 2021 is 322.

Q.3 Can a final year graduation student apply for RBI Grade B?

A. 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?

A: 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?

A: The basic salary of an RBI Grade B is Rs 35150 with an gross emoluments of Rs 77208.

Q.6 What is the Application fee for RBI Grade B?

A. The application fee is Rs. 100 for SC/ST/PWBD candidates and Rs. 850 for all others

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