RBI Grade B 2024: Notification, Exam Pattern, Syllabus, and Study Materials

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OVERVIEW OF RESERVE BANKS OF INDIA (RBI) GRADE B OFFICERS EXAM DETAILS-
RESERVE BANKS OF INDIA (RBI) GRADE B OFFICERS EXAMINATION –IMPORTANT DATES
RBI GRADE B RECRUITMENT VACANCY 2024
RBI GRADE B RECRUITMENT ELIGIBILITY CRITERIA 2024
RBI Grade B Recruitment Service Conditions & Career Prospectus
RBI Grade B Recruitment Application Fee 2024
HOW TO APPLY RBI Grade B Recruitment 2024
RBI Grade B Recruitment Selection Procedure 2024
FAQs related to RBI Grade B Officers Exam 2024

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OVERVIEW OF RESERVE BANKS OF INDIA (RBI) GRADE B OFFICERS EXAM DETAILS-

The RBI Grade B exam is given annually by the Reserve Bank of India. One of the most highly regarded occupations in the nation. Candidates who want to work in banking could take advantage of the RBI Grade B recruiting process in 2024. For the posts of DR, DEPR, and DSIM, the RBI recently announced a total of 94 vacancies. The deadline for online applications for RBI Grade B is June 25, 2024. Phase 1, Phase 2, and Interview are the three stages of the selection process for the RBI Grade B post.

Every year, the Reserve Bank of India publishes the notification for the Grade B Officer posts across its many departments. The RBI issues notifications for various posts in 2024, including:-

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

Officers in Grade 'B' (DR) - DEPR

Officers in Grade 'B' (DR) – DSIM

RESERVE BANKS OF INDIA (RBI) GRADE B OFFICERS EXAMINATION –IMPORTANT DATES

· Release of RBI Grade B Notification 2024– 25^th July, 2024

· Starting Registration Date RBI Grade B 2024 – 25^th July, 2024

· Last Registration Date for RBI Grade B 2024 – 16^th August 2024(6 pm)

· Last Date of RBI Grade B Application fees online payment 2024 - 16^th August 2024(6 pm)

RBI Grade B Phase-1 Examination Date

· Officers in Grade 'B' (DR) - (General) Examination Date – 08^th September, 2024

· Officers in Grade 'B' (DR) - DEPR Examination Date – 14^th September, 2024

· Officers in Grade 'B' (DR) - DSIM Examination Date – 14^th September, 2024

RBI Grade B Phase-2 Examination Date

· Officers in Grade 'B' (DR) - (General) Examination Date – 19^th October 2024

· Officers in Grade 'B' (DR) - DEPR Examination Date – 26^th October, 2024

· Officers in Grade 'B' (DR) - DSIM Examination Date – 26^th October, 2024

Note - DEPR - Department of Economic and Policy Research

DSIM - Department of Statistics and Information Management

RBI GRADE B RECRUITMENT VACANCY 2024

The Reserve Bank of India announced a Grade B vacancy in its official notificationfor 2024. A total of 94 vacancies were made available by RBI this year. The Reserve Bank will handle the online registration for the RBI Grade B exam. Starting on July 25, 2024, candidates can submit an online RBI Grade B application to be considered for Vacancies.

POST	Unreserved (general) (GEN/UR)	SC	ST	OBC	EWSs	TOTAL
Officers in Gr B (DR)- General	27	10	4	10	6	61
Officers in Gr B (DR) – DEPR	8	1	06(03)	05	1	21
Officers in Gr B (DR)-DSIM	2	01 (01)	04(04)	-	-	7

RBI GRADE B RECRUITMENT ELIGIBILITY CRITERIA 2024

(a)Nationality: A candidate must be unmarried male/female and must be :

(i) a citizen of India, or

(ii) a subject of Bhutan, or

(iii) a subject of Nepal, or

(iv) a Tibetan refugee who came over to India before the 1st January 1962 with the intention of permanently settling in India, or

(v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka and East African Countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire and Ethiopia and Vietnam with the intention of permanently settling in India.

(b) RBI Grade B Recruitment Age Limit 2024

The prescribed age limit under RBI GRADE B Recruitment is described below.

Minimum age limit: 21 years

Maximum age limit: 30 years

A RBI Grade B candidate must have been born not earlier than 02.07.1993 and not later than 01.07.2003 (both dates inclusive). The maximum age for applicants with M.Phil. and Ph.D. degrees will be 32 and 34 years old, respectively.

RBI Grade B Age Relaxation

Category	Relaxation in Age
Scheduled Caste / Scheduled Tribe (SC / ST)	By 5 years
Other Backward Classes (OBC)	By 3 years
Persons with Disabilities (PWD)	By 10 years (GEN), 13 years (OBC) & 15 years (SC/ST)
Ex-Servicemen	To the extent of service rendered by them in the Armed Forces plus an additional period of 3 years subject to a maximum of 50 years.
Widows/divorced women/ women judicially separated who are not re-married	By 10 years
Candidates domiciled in the state of Jammu and Kashmir during the period from 1st January 1980 to 31st December 1989.	By 5 years
Candidates having work experience in Reserve Bank of India	To the extent of the number of years of such experience, subject to a maximum of 3 years.
Gen/EWSs in the case of PwBD.	10 years
For SC/ST/ PwBD	Maximum of 15
For OBC PwBD	Maximum of 13 years
For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, the upper age limit is relaxed to the extent of the number of completed years of such experience subject to a maximum of three years.	The upper age limit should not exceed 33 years, including experience. Note- For experience, the probationary period will not be reckoned.

(c) RBI Grade B Recruitment Educational Qualification 2024

Post	Educational Qualification
Officers in Grade 'B' (DR) - (General)	Candidates must have done graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD candidates) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD candidates) in aggregate of all semesters / years. Note: Candidates with professional and technical qualifications that are recognised by the government as equivalent to professional and technical graduation will be eligible for admission to the examination. These full-time courses must be taken after Class XIIth and be at least three years in length. Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the Officers in Grade 'B' (DR) - (General). OR Any such full-time course taken from a recognised college or institute after graduating that is at least two years long and is approved by the government as being equal to post graduation will be eligible for admission to the exam.
Officers in Grade 'B' (DR) - DEPR	Essential:a. 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 recognised Indian or Foreign University /Institute. OR b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. OR c. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute d. (i) Candidates having Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. Desirable A doctorate in economics, research experience, teaching experience, or publications in reputable journals would be regarded as extra qualifications.
Officers in Grade 'B' (DR) - DSIM	Essential: a. 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 b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute. OR c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years. OR d. 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. Desirable (i) Candidates with doctoral degrees in subjects associated with those mentioned above will be given preference. (ii) Experience in research or teaching and publications in reputable journals will be taken into consideration as further qualifications. Candidates with M.Phil. and Ph.D. degrees in the relevant fields are eligible for a 2-year and 4-year increase in the upper age limit, respectively. Candidates will be eligible for a relaxation in the upper age restriction to the extent of the number of years of such experience, up to a maximum of three years, at a recognised Indian or foreign university or institute. The probationary period will not be taken into account for experience.

(d) RBI Grade B Recruitment Number of Attempts 2024

Candidates from the general, or unreserved, category who have already taken the Phase-I Examination for this post six times are ineligible to apply. If the posts are designated as being for SC/ST/OBC/PWD candidates, this restriction does not apply to them.

RBI Grade B Recruitment Service Conditions & Career Prospectus

(i) Pay Scale: The starting basic pay for selected candidates will be Rs. 55,200/- per month in the pay scale of Rs. 55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750 (16 years) applicable to officers in Grade B. Additionally, they will be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance in accordance with the rules that are in effect at the time. Currently, the starting monthly gross emoluments are around Rs. 1,08,404. If housing is not supplied by the Bank, the House Allowance of 15% of Basic Pay will be paid.

(ii) Seniority:Candidates chosen from various recruitment processes for the post of Officer in Grade B (DR) for the General, DEPR, and DSIM streams will join the Common Seniority Group, and the seniority among these Officers will be determined in accordance with the ranking determined by using the standard percentile score of the selected candidates' combined marks.

(iii) Initial appointments are subject to a two-year probationary period. The probationary period may be extended at the Bank's discretion for a maximum of four years.

(iv)There are decent chances for promotion to higher grades.

(v) Candidates who are chosen have the potential to be placed and transferred anyplace in India.

SCHEME OF SELECTION: The following postwill be filled through interviews and the RBI Grade B Officers ONLINE Examinations in Phases I and II.

Detailed RBI Grade B scheme of selection are available on the Banks websitewww.rbi.org.in.

RBI Grade B Recruitment Application Fee 2024

Candidates can view the RBI Grade B 2024 application fees by category in the table below. In accordance with RBI's official statement, the RBI Grade B Application Fee may be paid online using a debit/credit card or any other payment channel. This application cost cannot be returned.

Category	Charges	Amount
SC/ ST/ PwD	Intimation Charges only	INR 100 + 18% GST
GEN/ OBC/ EWS	Application fee including Intimation Charges	INR 850 + 18% GST
Staff@RBI	NIL	NIL

HOW TO APPLY RBI Grade B Recruitment 2024

As stated in the RBI Grade B Notification 2024, candidates must only apply ON-LINE for the RBI Grade B Officers Exam on the bank's website, www.rbi.org.in, starting on July 25, 2024, and continuing through August 16, 2024. The website has detailed instructions for submitting an ONLINE application. For the RBI Grade B Exam in 2024, candidates must register online and submit application forms. As the application process for the RBI Grade B exam for 2024 gets underway, all candidates who are interested in applying can fill out the online application by clicking on the link provided below.

The system-generated print out (hard copy) of the ON-LINE application is not required to be sent by candidates to the Boards office.

Candidates who wish to apply for posts in both Grade B (DR)-General and Grade B (DR) DEPR / DSIM (as applicable) must submit separate applications and payment for each position using the links provided.

DIRECT LINK TO APPLY FOR RBI GRADE B EXAM 2024

RBI Grade B Recruitment Selection Procedure 2024

The selection process for RBI Grade B 2024 is divided into three stages. The RBI Grade B selection procedure is broken down into the following phases:-

Phase 1 - Online Objective Test: This is the preliminary round. The marks acquired at this level will have no impact on the final result. However, in order to proceed to the next round of the selection process, applicants must achieve a high score. It consists of 200 questions that must be answered in 120 minutes. Each subject has its own sectional time.
Phase 2 - Online Objective / Descriptive Test: It includes both objective and descriptive exams; the same information is provided here. Each part has its own assigned time duration.
GD and Interview- This is the last step in the selecting process. The final results will be a combination of the scores obtained in this stage and phase 2.

FOR MORE DETAILED INFORMATION OFRBI GRADE B OFFICERS EXAM:-

LINK FOR THE SPEECHES & MEDIA INTERACTIONS

CLICK HERE FOR THE OFFICIAL WEBSITE OF RBI

DIRECT LINK TO APPLY FOR RBI GRADE B EXAM 2024

CLICK HERE FOR OFFICIAL NOTIFICATION OF RBI GRADE B OFFICER

FAQs related to RBI Grade B Officers Exam 2024

What is the RBI Grade B Officer Exam?
The RBI Grade B Officer Exam is a competitive examination conducted by the Reserve Bank of India (RBI) to recruit officers for its Grade B (General) post. It is a prestigious job with roles and responsibilities related to the management of the Indian economy, financial supervision, and monetary policy.

What are the eligibility criteria for the RBI Grade B Officer Exam?
Candidates must be Indian citizens, and the age limit typically ranges from 21 to 30 years, with age relaxations applicable for certain categories. A minimum of a bachelor's degree with at least 60% marks (or equivalent) is required. Specific qualifications may vary based on the recruitment cycle.

What is the selection process for the RBI Grade B Officer Exam?
The selection process consists of three phases: Phase I (Preliminary Exam), Phase II (Main Exam), and an Interview. Candidates must clear each phase to progress to the next.

What is the exam pattern for Phase I?
Phase I is an online objective test covering General Awareness, English Language, Quantitative Aptitude, and Reasoning. Each section has a specific time limit, and there is negative marking for incorrect answers.

What is the exam pattern for Phase II?
Phase II consists of three papers: Economic and Social Issues (objective), English (Descriptive), and Finance and Management (objective). Each paper is designed to test the candidate’s knowledge in relevant subjects and writing ability.

What is the syllabus for the RBI Grade B Officer Exam?
The syllabus includes topics related to General Awareness, English Language, Quantitative Aptitude, Reasoning, Economic and Social Issues, Finance, and Management. Detailed syllabus information is provided in the official notification.

How can I apply for the RBI Grade B Officer Exam?
Candidates can apply online through the official RBI website during the application window. The process includes filling out an application form, uploading required documents, and paying the application fee.

What are the important dates for the RBI Grade B Officer Exam?
Important dates such as the release of the notification, application start and end dates, exam dates for Phase I and Phase II, and interview schedules are announced in the official notification. It is important to regularly check the RBI website for updates.

Is there a limit on the number of attempts for the RBI Grade B Officer Exam?
Yes, there is a limit on the number of attempts based on the candidate's category. General category candidates can attempt the exam a maximum of six times, while there is no limit for SC/ST/OBC/PwBD candidates.