RBI Grade B Notification The Reserve Bank of India is expected to officially announce the Grade B notification in April 2024, allowing applicants to apply through the official website. Keep watching for further information on the recruitment process. Candidates aspiring for the Grade B position at the Reserve Bank of India should be aware that the application form will be accessible on the official website https://rbi.org.in. The online application link will be active for four weeks. The release date for the Grade B recruitment advertisement has not been officially announced by RBI yet. Candidates must note that the application form will be available online, requiring individuals to provide necessary information, upload documents, and pay the application fee.
RBI Grade B Notification 2024
The RBI Grade B 2024 Notification is anticipated to be published in approximately April 2024, with the Phase 1 examination set for June/July 2024 according to sources. Candidates can familiarize themselves with the RBI Grade B 2024 Exam by referring to the previous year’s notification until then. It is important for aspirants to realize that they currently have sufficient time to adequately prepare for the RBI Grade B 2024. Refer to the comprehensive blog for information on the dates, exam pattern, syllabus, and other details of RBI Recruitment 2024.
WhatsApp Channel Join Button
RBI Grade B Notification 2024 Summary
RBI Grade B 2024
Organization
Reserve Bank Of India
Exam Name
RBI Grade B
Post
Grade B
Vacancy
To Be Notified
Category
Recruitment
Language Of Exam
English
Selection Process
Phase I, Phase II, and Interview
Application Mode
Online
Age Limit
21 to 30 Years
Salary
Basic Pay: ₹55,200/- p.m
RBI Grade B Exam Date 2024
Will Be Released Soon
Official Website
@www.rbi.org.in
RBI Grade B Notification PDF 2024
Currently, the RBI 2024 notification has not been published. Meanwhile, you can access the previous year’s RBI Grade B Notification from the provided direct link. Information regarding the RBI 2024 Exam will be included in the upcoming RBI 2024 notification.
Commencement of online registration of application
April 2024
Closure of registration of application
April/May 2024
Closure for editing application details
April/May 2024
Last date for printing your application
April/May 2024
Online Fee Payment
April/May 2024
RBI Grade B Exam Date 2024 for Phase 1
June/July 2024
RBI Grade B Exam Date 2024 for Phase 2
July 2024
RBI Grade B Vacancy 2024
A sum of 291 openings were disclosed for the RBI Grade B (DR) generalist category in the RBI Grade B Notification for the last cycle. Expected vacancies for the RBI Grade B 2024 exam can be viewed here.
Post Name
Vacancies (2024)
Vacancies (2023)
RBI Gr. B Officer (DR) – General
TBU
222
RBI Gr. B Officer (DR) – DEPR
TBU
38
RBI Gr. B Officer (DR) – DSIM
TBU
31
Total
TBU
291
RBI Grade B Notification 2024 – Application Form
The application form for RBI Grade B consists of five sections. Completing the RBI Grade B officer application form includes the subsequent steps:
Prerequisites for Applying Online
Scanned Passport size Photograph (as per given guidelines)
Scanned copy of Signature
Documents related to address proof, educational qualification, etc.
Application Fees/ Intimation Charges
Rs 850-/ General/OBC/EWS + 18% GST
Rs 100-/ SC/ST/PWD + 18% GST
No application fee for the RBI Staff
RBI Grade B Application Fees
RBI Grade B Application Fees
Category
Amount
Application fee for General/ OBC
850 /- +18% GST
Application fee for ST/SC/PWD/EXS
100/- +18% GST
Step to Apply Online for the RBI Grade B Exam
Below, we have condensed the steps for applying online into an infographic for easy reference.
Visit the official website of RBI.
Click on the RBI Grade B registration link to register for the exam.
Candidates need to enter the required details in the registration form.
After successful registration, registration ID and password are generated.
RBI Grade B Notification 2024 – Eligibility Criteria
Candidates applying for the RBI Grade B 2024 exam must meet the minimum eligibility criteria outlined in the RBI advertisement.
RBI Grade B Recruitment – Age Limit
The minimum age to apply for the RBI Grade B officer exam is 21 years. You should have completed 21 years of age as of the 1st of January 2024 (Expected).
The maximum age to apply for the RBI Grade B officer exam is 30 years of age. This means you should not be 30 years of age as of the date mentioned in the official notification PDF.
RBI Grade B Age Relaxation
Category
Relaxation
SC/ST
5 years
OBC
3 years
Ex-Servicemen
5 years
ECOs/SSCOs
5 years
PwD
10 years (Gen/EWS)
13 years (OBC)
15 years (SC/STs)
Experienced Candidates – Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBI
The upper age limit should not exceed 33 years including experience
Ex-employees of banks going into termination and/or liquidation/ personnel retrenched from Govt Offices with at least 1 yr service
5 years
Candidates with M.Phil
2 years
Candidates with PhD
4 years
RBI Grade B Recruitment – Educational Qualification
Post
RBI Grade B Educational Qualification
Officers in Grade ‘B’ (DR) – (General)
Graduation/ Post Graduation in any discipline /Equivalent technical or professional qualification.
Graduation: Minimum 60% marks (50% for SC/ST/PwBD applicants)
Post Graduation: Minimum 55% marks (pass marks for SC/ST/PwBD applicants)
Officers in Grade ‘B’ (DR)–DEPR
A Master’s Degree in Economics (or any other master’s degree where “Economics” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, and Industrial Economics) OR
b. A Master’s Degree in Finance (or any other master’s degree where “Finance” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance).
Minimum of 55 percent marks or an equivalent grade is required in aggregate.
Officers in Grade ‘B’ (DR)–DSIM
a. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years; OR
b. 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
c. Master’s degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
d. Four-year Bachelor’s degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR
e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.
RBI Grade B Selection Process 2024
The selection process for the Grade B position at the Reserve Bank of India involves three stages: Prelims, Mains, and Interview.
Prelims
Mode: Online
Duration: 2 hours
Sections:
Reasoning
General Awareness
English Language
Quantitative Aptitude
Total Marks: 200
Marking Scheme: Negative marking of 1/4th of the marks assigned to the question for incorrect answers.
Maximum Attempts: 6 for General Category; no bar on attempts for SC/ST/OBC/PWD candidates.
Mains
General (DR) Posts
Paper 1 – Economic and Social Issues:
50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions, 4 to be answered)
Total Marks: 100 (50 for each section)
Duration: 90 minutes for Objective, 90 minutes for Descriptive
Paper 2 – English (Writing Skills):
Descriptive Test
Total Marks: 100
Duration: 90 minutes
Paper 3 – Finance and Management:
50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions, 4 to be answered)
Total Marks: 100 (50 for each section)
Duration: 120 minutes
DEPR & DSIM Posts
Paper 1 – Economic and Social Issues:
50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions, 4 to be answered)
Total Marks: 100 (50 for each section)
Duration: 90 minutes for Objective, 90 minutes for Descriptive
Paper 2 – English (Writing Skills):
Descriptive Test
Total Marks: 100
Duration: 90 minutes
Paper 3 – Statistics:
50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions, 4 to be answered)
Total Marks: 100 (50 for each section)
Duration: 120 minutes
Interview
It will be of 75 marks.
Psychometric Test conducted before the Interview (no marks allotted, not part of the final selection criteria).
It will be a choice that one wants to appear in the final stage of the selection process in Hindi or English.
RBI Grade B Notification 2024 – Exam Pattern
Explore the comprehensive examination structure for Prelims and Mains in the following sections:
RBI Grade B Phase 1 Exam Pattern 2024
Sections
Total Questions
Marks
Duration
Reasoning
60
60
45 minutes
General Awareness
80
80
25 minutes
English Language
30
30
25 minutes
Quantitative Aptitude
30
30
25 minutes
Total
200
200
2 hours
RBI Grade B Negative Marking
In the RBI Grade B Phase 1 exam, there is a penalty for wrong answers where 1/4th of the marks for each question will be deducted.
RBI Grade B Phase 2 Exam Pattern
The RBI Grade B Mains examination comprises three papers: Paper 1, Paper 2, and Paper 3. Paper 1 and Paper 3 include a mix of objective and descriptive questions, while Paper 2 is entirely descriptive. Please find the specific format outlined in the table below.
Papers
Type of test
Total Marks
Duration
Paper 1 – Economic and Social Issues
50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
50 marks
50 marks
30 mins
90 mins
Paper 2 – English (Writing Skills)
Descriptive Test
100 marks
90 mins
Paper 3 – Finance and Management
50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
