RBI Grade B 2018: Recruitment & Exam Dates


The Reserve Bank of India (RBI) will be coming up with recruitment notification for Grade B Officers from eligible candidates in various offices of the Bank. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in two phases i.e. Preliminary and Main examination followed by an Interview.


RBI Grade-B Notification 2018

RBI Officers (Grade-B) Notification 2018 has not been released yet. The official notification is tentatively going to be released in May 2018.  The online application for the same will begin after the release of official notification of RBI Grade B 2018.




RBI Grade-B Dates 2018

The preliminary exam of the RBI Grade B 2018 Exam will be tentatively scheduled in the month of June 2018. While, the mains exam of this exam will be conducted tentatively in the month of July 2018. RBI Grade B 2017 exam follows a three phase selection process. Candidates who get selected after Mains exam are called for interview process. Here's the complete schedule:


Serial Number Event Date
1 Release of online application form May 2018
2 Last date to submit online application form May 2018
3 Release of Admit card for Phase-I Exam June 2018
4 Commencement of Phase-I exam June 2018
5 Declaration of result of Phase-I exam June 2018
6 Release of Admit Card for Phase-II Exam July 2018
7 Commencement of Phase-II exam July 2018
8 Declaration of result of Phase-II Exam August 2018
9 Interview Process August 2018
10 Declaration of final result August 2017

RBI Officers (Grade-B) Exam Pattern


Preliminary Examination (200 Marks): The Paper consisted tests of (i) General Awareness (ii) English Language (iii) Quantitative Aptitude and (iv) Reasoning, with a composite time of 120 minutes.

Subject
No. Of Questions
Marks
General Awareness
80
80
Maths
30
30
English
30
30
Reasoning
60
60
Total
200
200




Mains Examination:

Name of the PaperType of the PaperTime (Mins)Marks
Paper I Economic & Social IssuesObjective Type90100
Paper II English (Writing Skills)Descriptive (to be typed with the help of keyboard)90100
Paper III Finance & ManagementObjective Type90100




Interview (50 marks): Candidates were shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). Candidates were given the option to opt for interview either in Hindi or English. Final Selection was through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

Penalty for Wrong Answers (Applicable to both - Preliminary and Main examination)
There as a penalty for wrong answers marked in the Online Objective Tests. For each question for which a wrong answer has been given by the candidate, one fourth of the marks assigned to that question was deducted as penalty to arrive at corrected score. No marks are deducted for un-attempted questions.

RBI Officers (Grade-B) Syllabus 

(Phase I)


RBI Assistant Examination has two phases of Online Test for which candidates have to thoroughly study the following subjects:

English Language 
  • Reading Comprehension 
  • Cloze Test
  • Fillers
  • Sentence Errors
  • Vocabulary based questions
  • Sentence Improvement
  • Jumbled Paragraph
  • Paragraph Based Questions ( Paragraph Fillers, Paragraph Conclusion, Paragraph /Sentences Restatement)




Reasoning Ability
  • Puzzles
  • Seating Arrangements
  • Direction Sense
  • Blood Relation
  • Syllogism
  • Order and Ranking
  • Coding-Decoding
  • Machine Input-Output
  • Inequalities
  • Alpha-Numeric-Symbol Series
  • Data Sufficiency
  • Logical Reasoning (Passage Inference, Statement and Assumption, Conclusion, Argument)


Quantitative Aptitude
  • Data Interpretation (Bar Graph, Line Chart, Tabular, Caselet, Radar/Web, Pie Chart)
  • Inequalities (Quadratic Equations)
  • Number Series
  • Approximation and Simplification
  • Data Sufficiency
  • Miscellaneous Arithmetic Problems (HCF and LCM, Profit and Loss, SI & CI, Problem on Ages, Work and Time, Speed Distance and Time, Probability, Mensuration, Permutation and Combination, Average, Ratio and Proportion, Partnership, Problems on Boats and Stream, Problems on Trains, Mixture and Allegation, Pipes and Cisterns)





General Awareness
  • Banking Awareness
  • Financial Awareness
  • Govt. Schemes and Policies
  • Current Affairs
  • Static Awareness





(Phase II)

Paper-I - Economic and social Issues:


  •  Growth and Development 
  •  National Income and per capita income
  • Economic Reforms in India 
  • Monetary and Fiscal Policy  
  • Balance of Payments
  • IMF and World Bank, WTO
  • Social Structure in India 
  • Social Justice 
  • Indian Political System 
  • Health and Education

Paper-II -English (Writing Skills):

The paper on English shall be framed in a manner to assess the writing skills including
expression and understanding of the topic.

Paper-III -Finance and Management:


  • Regulators of Banks and Financial Institutions
  • RBI and its functions
  • Financial Markets
  • The Union Budget 
  • Inflation
  • Corporate Governance in Banking Sector
  • Financial Inclusion
  • Risk Management in Banking Sector
  • Basics of Derivatives: Forward, Futures and Swap
  • Changing Landscape of Banking sector
  • Alternate source of finance
  • Public-Private Partnership (PPP)

RBI Officers (Grade-B) Vacancy 2018

A total of 161 vacancies for RBI Officers (Grade-B) post were released last year. Vacnacies for 2018 will be announced with the release of the official notification. RBI vacancies also have reservations under various categories which will be as per prevailing Government Guidelines at the time of finalisation of the result.




RBI Officers (Grade-B) Cut Off

Phase-1


SECTION WISE CUTOFF MARKS FOR PHASE - I 
Section
 Category
General
OBC
SC
ST
GENERAL AWARENESS201614.2514.25
REASONING151210.7510.75
ENGLISH7.5065.255.25
QUANTITATIVE APTITUDE7.5065.255.25
TOTAL98.5088.5084.5084.50




Final

 CUT-OFF MARKS DECIDED BY THE BOARD AT VARIOUS STAGE OF THE RECRUITMENT PROCESS
Recruitment Stage
 Category
General
OBC
SC
ST
Aggregate Cut-Off Marks in paper-I, paper- II And Paper-III taken together in written examination for shortlisting the candidate for interviewer (Out of total 300 marks)
176.75
161.75
155.75
155.75
Aggregate marks written examination and interviewer taken together (out of total 350 marks) obtained by the respective category with reference too the no. of vacancies notified under each category 
225.50
211.00
204.25
210.25

RBI Officers (Grade-B) Salary and Career Growth

To know about RBI officer grade B salary and career growth CLICK HERE

RBI Officers (Grade-B) Exam Centre

Examination centres for RBI Officers (Grade-B) examinations are there in almost 35 States and Union Territories.


RBI Officers (Grade-B) Eligibility Criteria

Eligibility criteria include Age limit and Educational qualification. For RBI Officers (Grade-B) 2016 examination the lower and upper age limits were 21 years and 30 years respectively. Educational Qualification: A minimum of aggregate 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. 

RBI Officers (Grade-B) Application Fees


This was the application fees for the previous RBI Officers (Grade-B)  examination:
SC/ST/PWD Intimation Charges only Rs.100/-
GEN/OBC App. Fee including intimation charges Rs.850/-