Bank-RBIGradeB

RBI Grade 'B':

RBI Grade B (Reserve Bank of India Grade B Examination) exam is a national level competitive exam conducted by Reserve Bank of India (RBI) for recruitment of Officers in Grade 'B'(General) - DR, DEPR (Department of Economic & Policy Research) and DSIM (Department of Statistics and Information Management) in Common Seniority Group (CSG). Candidates can fill the form of RBI Grade 'B' through the official website www.rbi.org.in.

Important dates for RBI Grade 'B':

To be announced

Eligibility Criteria for RBI Grade 'B':

Education Qualifications:

Officers in Grade 'B' (DR) -(General)

A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

Officers in Grade 'B' (DR) -DEPR(Department of Economic and Policy Research)

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 recognized Indian or Foreign University /Institute.

Officers in Grade 'B' (DR) - DSIM(Department of Statistics and Information Management)

1. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years; OR

2. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from an institute of repute; OR

3. M. Stat. The degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years OR

4. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years

Age Limit:

Minimum: 21 years

Maximum: 30 years

Age Relaxation:

For candidates possessing M.Phil. And Ph.D. qualification, upper age limit will be 32 and 34 years respectively. For candidates having experience as an officer in Commercial Bank/Financial Institution in the Public Sector as also prior experience in Reserve Bank of India, the upper age limit is relaxed to the extent of a number of completed years of such experience subject to a maximum of three years.

Category	Age Relaxation
Scheduled Caste/Scheduled Tribe	5 years
Other Backward Classes	3 years
Ex-employees of banking institutions	5 years
Candidates who had been domiciled in the State of Jammu and Kashmir during the period from the 1st January 1980 to the 31st day of December 1989	5 years
Ex-servicemen including Commissioned Officers and ECOs / SSCOs	5 years
Persons with disabilities	10 years
ECOs/SSCOs	5 years

A number of attempts:

Candidates belonging to unreserved i.e General Category, who had already appeared four times for 'WE' for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD if the posts are reserved for them.

Selection Process:

Preliminary Examination (Objective Type)
Main Examination (Objective/Written Type)
Personality Test(Interview)

RBI Grade 'B' Exam Pattern:

Mode of Exam: Computer Based Test (CBT)

Language of Exam: Hindi or English

Duration: 2 hours (for Prelims)

(90 min for each section in Mains)

Total marks:

Prelims: 200

Mains: 300

RBI Grade 'B' Prelims Exam Pattern (Phase I):

The examinations will Objective Type or MCQ. It will be held for a duration of 2 hours (200 marks).

S.No.	Subjects	No. of questions	Time Duration	Maximum Marks
1	General Awareness	80	120 minutes	200 Marks
2	English Language	30
3	Quantitative Aptitude	30
4	Reasoning Ability	60

Click here to take an online test for RBI Grade 'B' exam

RBI Grade B Mains Exam Pattern (Phase II):

Those of you who clear Phase I will appear for Phase II.
There will be 3 MCQ type of Online Papers.
Each paper will be held for a duration of 1.5 hours.
Each paper carries 100 marks.

Papers	Name of Paper	Type of Paper	Time Duration	Max. Marks
1	Economic and social issue	Objective	90 minute	100
2	English (Writing skill)	Descriptive	90 minute	100
3	Finance and Management	Objective	90 minute	100

Marking Scheme:

For every correct answer, students will be awarded 1 mark.
0.25 marks will be deducted for every wrong answer.
For any Unattempted questions, no marks will be awarded or deducted.

Interview Phase III:

Candidates will be shortlisted for the interview round based on the phase II aggregate score of Paper I, Paper-II, and Paper III. The minimum cutoff to be eligible for the interview round will be decided by the conducting authority.

RBI Interview round is the third and final phase in the RBI Grade B Selection Process.
The interview round carries 50 marks. The final merit list will be formulated after the conclusion of the RBI interview round.
Candidates can choose either Hindi or English language for the interview round.
Selected candidates Roll number will be uploaded on the official website.
Invitation Letter will be sent on the email ID of the selected candidates.

RBI Grade 'B' Syllabus for Prelims:

Quantitative Aptitude	Reasoning	English Language	General Awareness
Simplification/Approximation Data Interpretation Number Series Quadratic Equations Data Sufficiency Problem on Ages Partnership Menstruation Ratio & Proportion Percentage Averages Profit & Loss Mixture & Allegation Simple Interest Compound Interest Work & Time and Speed & Distance Boats & Streams Pipes & Cisterns Algebra Trigonometry Stocks and Shares	Seating Arrangement Syllogism Input-Output Coding-Decoding Alphanumeric Series Ranking/Direction/Order Alphabet Test Coded Inequalities Puzzles Logical Reasoning Blood Relations Data Sufficiency	Reading Comprehension Cloze Test Error Spotting Para Jumbles Fill in the Blanks Sentence Improvement Phrase Replacement Antonyms Synonyms Idioms and Phrases One-Word Substitution	Banking and Financial Awareness Static General Knowledge Current Affairs

RBI Grade 'B' Syllabus for Mains:

RBI Grade B Syllabus for Economic and Social Issues (Paper 1):

Growth and Development	Economic Reforms in India
Social Structure in India	Corporate Governance
Development in the Financial Sector	Export-Import Policy
Illiteracy	Balance of Payments
Rise in Inequality	Rigid Labour Law
Human Resource Development	Inflation
Regionalism and Language Conflicts	Poor Education Standards
Globalisations	Social Structure in India
Employment Generation in India	Sustainable Development
Monetary and Fiscal Policy	Social Sectors in India
Benefits of International Trade	Direct and Indirect Taxes
Insurance and Capital Marketing	Government debt

RBI Grade B Syllabus for Finance and Management (Paper 2):

Finance Topics

Management Topics

Indian Financial system
Changing Landscape of Banking
Risk management in Banking
Derivatives
Ratio Analysis
Profit & Loss + Balance Sheet
Time Value of Money
CAPM Model
Banking Reforms in India
Commercial Bank, RBI & Development Bank
Bond Valuation
Sources of Finance
Economic Survey
Union Budget
Annuities
Capital Budgeting

Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation.
Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counseling – Career Planning – Training and Development – Rewards – Employee Welfare.
Motivation, Morale, and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.
Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

English (Writing Skills) (Paper 3): This requires continuous practice. Topics related to finance and economics are given on which one has to write an essay. Consistent reading would help in this section. The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

RBI Grade 'B' Officer Salary Structure:

The starting salary of RBI Grade B Salary in hand will be around Rs 35,150/-.
The RBI Grade B Salary is tabulated below:

RBI Grade B Basic Pay	Rs 35,150/-
RBI Grade B Pay Scale	35150 – 1750(9)– 50900-EB-1750(2)-54400-2000(4)-624000
RBI Grade B Grade Pay	Not applicable
RBI Grade B Salary: NET Salary Including All Allowances	Rs 67,933/-

Along with the RBI Grade B salary, there are various allowances that an RBI Grade B Officer is provided with. Given below is the list of allowances provided to an RBI Grade B Officer:

Dearness Allowance
Local Allowance
House Rent Allowance
Family Allowance
Grade Allowance
Medical Allowance

RBI Grade 'B' Career Growth:

Initially, an RBI Grade B Officer is appointed on probation of two years which may be extended up to 4 years. Once, an employee completes the probation period, he is liable to get promoted to higher posts. The job profile of RBI Grade B Officer includes the proper circulation of currency, control the supply of liquidity in the market, and most importantly to manage government and central bank accounts. The posts to which an RBI Grade B Officer can get promoted to are as follows:

Assistant Manager
Manager
Assistant General Manager
Deputy General Manager
General Manager
Chief General Manager
Executive Director
Deputy Governor