Rbi Grade B Exam 2022: Latest News, Eligibility, Salary & Vacancies

Rbi Grade B Exam 2022: Latest News, Eligibility, Salary & Vacancies

Rbi Grade B Exam 2022: Latest News, Eligibility, Salary & Vacancies
Rbi Grade B Exam 2022: Latest News, Eligibility, Salary & Vacancies
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. 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 

Table of Contents

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) – DSIMA 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 2021 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. 28th, 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 & Alligations

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

 

FAQ’s

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

A. 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?

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 a gross emolument 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.

 

Q7. Where all details regarding RBI Grade B is available?

A. All details are available on the official website of the Reserve Bank Of India.

 

Q8. How many days before admit cards are available?

A. It is available before 10 days of the exam.

 

Q9. Exam for RBI Grade B is conducted offline or online?

A. The exam is conducted in an online mode. Throughout process is online.

 

Q10. What are the total marks of the exam?

A. There are 200 questions total time is 2 hours or 120 minutes.

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