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RBI Grade B Recruitment 2023, Eligibility, Exam Date, Vacancy

RBI Grade B Recruitment 2023, Eligibility, Exam Date, Vacancy_40.1

RBI Grade B Recruitment 2023

RBI Grade Recruitment will soon be out on the official website @www.rbi.org.in. Due to its attractive work life and career prospects RBI Grade B is one of the most awaited examinations. The official notification PDF has all the information on the RBI Grade B exam like – vacancies, exam dates, eligibility, syllabus, salary, etc. Candidates preparing for the examination should have some basic idea about the examination. Here in this article, we are providing you with all the details related to RBI Grade  B Recruitment.

RBI Grade B Recruitment 2023

RBI Grade B Recruitment is going to be out soon. It has all information related to the exam like- exam dates, eligibility, syllabus, and salary. Once the notification is out you candidates are able to apply online for the examination. It is advisable you know all about RBI Grade B Recruitment. Here in this post, we have provided the complete details related to RBI Grade B Exam based on the previous year’s notification. 

RBI Grade B Recruitment PDF [Last Year]

RBI Grade B Recruitment 2023: Important Dates

RBI will issue all important dates along with an official notification of RBI Grade B Notification 2023 recruitment. Here candidates can check important dates related to RBI Grade B Recruitment 2023 in the below table. 

RBI Grade B Recruitment 2023: Important Dates
RBI Grade B Recruitment 2023 To be Notified
RBI Grade B Apply Online Starts To be Notified
Last Date to Apply Online for RBI Grade B To be Notified
RBI Grade B Phase-I Exam Date To be Notified
RBI Grade B Phase-I Exam Date( DEPR & DSIM) To be Notified
RBI Grade B Phase-I Result To be Notified
RBI Grade B Phase-II Exam Date To be Notified
RBI Grade B Phase-2 Exam Date( DEPR & DSIM) To be Notified

RBI Grade B Recruitment 2023 Apply Online Link

The online application link for RBI Grade B 2023 will be activated on the official website of RBI soon for all eligible candidates. The online registration procedure for RBI Grade B 2023 exam will be conducted online mode only. Candidates can submit their application form after starting the registration process of RBI Grade B Recruitment 2023 by given below link.

RBI Grade B Apply Online 2023 Link (Inactive Link)

RBI Grade B Recruitment 2023: Vacancy Details

RBI had released 294 vacancies for the post of RBI Grade B officer for the 2022 year. The number of vacancies for the post of RBI Grade-B 2020-21 was 322. In the year 2019, the total number of vacancies was 199. In the year 2018, the vacancies were 166. Here we have provided the previous year’s vacancy for the RBI Grade B post. 

RBI Grade B Vacancy [Last Year]
Serial Number Posts Vacancy
1. Officers in Grade ‘B’(DR)- General 238
2. Officers in Grade ‘B’(DR)- DEPR 31
3. Officers in Grade ‘B’(DR)- DSIM 25

RBI Grade B Recruitment 2023: Eligibility Criteria

Based on the previous year’s notification we have given the eligibility criteria for the RBI Grade B exam, if any change is done by RBI in the upcoming RBI Grade B notification, we will update you, till then candidates can check the previous year’s eligibility criteria. Eligibility criteria include Age limit and Educational Qualification. For RBI Officers (Grade-B) examination, the lower and upper age limits were 21 years and 30 years respectively. Complete Eligibility criteria will be updated once the official notification is released. Certain relaxation is also given based on the certain factor as given below:

RBI Grade B Recruitment 2023: Age Relaxation
Category Age relaxation
SC/ST 5 years
OBC 3 years
Physically Handicapped 10 years
PH + OBC 13 years
PH + SC/ST 15 years

RBI Grade B Recruitment 2023: 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 for Grade ‘B’ (General). Complete details are mentioned in the table below.

RBI Grade B Recruitment 2023: Education Qualification
Posts Minimum Educational Qualifications 
1. Officers in
Grade ‘B’ (DR)
– (General)
A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

 

 

The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years.

2. 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 recognized 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 recognized Indian or Foreign University /Institute.

Note: SC, ST and PwBD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master’s Degree examination or equivalent recognized qualifications are eligible to apply.

Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

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.

(ii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

3. 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.

Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c) and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years.

Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.

Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

(ii) Candidates 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.

(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

RBI Grade B Recruitment 2023: Exam Pattern

Preliminary Examination (200 Marks): The Paper consists of tests of
(i) General Awareness
(ii) English Language
(iii) Quantitative Aptitude
(iv) Reasoning, which is to be attempted in a composite time of 120 minutes.

However, separate time will be allotted for each test. Other detailed information regarding the examination will be given in an Information Handout.

Main Examination:

The penalty for Wrong Answers (Applicable to both – Preliminary and Main examinations)

There is a penalty for wrong answers marked in the Online Objective Tests. For each wrong answer, one-fourth of the marks assigned to that question is deducted as a penalty to arrive at a corrected score. No marks are deducted for un-attempted questions.

RBI Grade B Mains Exam Pattern 2023
Name of the Paper Type of the Paper Time (Mins) Marks
Paper I Economic & Social Issues Objective Type 120 Minutes 100
Paper-II English (Writing Skills) Descriptive (to be typed with the help of a keyboard) 90 Minutes 100
Paper III Finance & Management Objective Type 120 Minutes 100

Interview (50 marks): Candidates are shortlisted for the personal interview round based on an aggregate of marks obtained in Phase II (Paper-I +Paper-II +Paper-III). Candidates are given the option to opt for an interview either in Hindi or English. Final Selection is done through a merit list which is prepared by adding marks secured by candidates in Phase-II examination and interview.

RBI Grade B 2023 Syllabus 

Before starting preparation for RBI Grade B, candidates should be well versed with the syllabus, so in this article, we have given the previous year’s syllabus of the RBI Grade B exam, once the notification for the year 2023 will be released, we will update you.

RBI Grade B Phase 1 Syllabus 2023

RBI Grade B Examination has three phases of Online Tests 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

RBI Grade B Phase 2 Syllabus 2023

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

RBI Grade B 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.

RBI Grade B 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 the Banking sector
  • An alternate source of finance
  • Public-Private Partnership (PPP)

RBI Grade B Salary 2023

The pay scale of RBI Grade B will be 55,200 – 2850 (9) – 80850 – EB – 2850(2) – 86550 – 3300 (4) – 99750.

RBI Grade B Recruitment 2023: Application Fees

Based on the previous year’s exam fee, it is expected to be the same this year as well which is a total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC categories for RBI Grade B 2023 exam while the same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.

RBI Grade B Exam Centers

Based on the previous year’s notification, a list of exam centers is given in the table below, if RBI makes changes in the exam centers in the upcoming RBI Grade B notification for the year 2023, we will update you. Candidates can check exam centers given in the previous year’s notification

States /UTs RBI Grade B Exam Centers for Prelims
Andaman & Nicobar Port Blair
Andhra Pradesh & Telangana Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram
Arunachal Pradesh Itanagar, Naharlagun city
Assam Dibrugarh, Guwahati, Jorhat, Silchar
Bihar Bhagalpur, Muzaffarpur, Patna
Chandigarh Chandigarh
Chattisgarh Raipur, Bhilai
Daman & Diu Jamnagar
Goa Varna
Gujarat Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara
Haryana Hissar, Karnal, Rohtak
Himachal Pradesh Dharamsala, Shimla
Jammu & Kashmir Jammu
Jharkhand Bokaro, Dhanbad, Jamshedpur, Ranchi
Karnataka Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi
Kerala Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil
Lakshadweep Kavaratti
Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur
Maharashtra Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi Delhi –NCR
Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
Puducherry Cuddalore, Villupuram
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
Rajasthan Ajmer, Jaipur, Jodhpur, Kota, Udaipur
Sikkim Gangtok, Bardang City
Tamilnadu Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin
Tripura Agartala
Uttar Pradesh Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
Uttarakhand Dehradun, Haldwani, Nainital, Roorkee City
West Bengal Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri

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RBI Grade B Exam Centers for Phase-II Exam

Given below are the exam centers for phase II of the RBI Grade B Exam 2023.

Name of the Examination Cities
Kochi New Delhi
Ahmedabad Thiruvananthapuram
Mumbai Chandigarh
Bengaluru Guwahati
Hyderabad Lucknow
Bhubaneswar Jammu
Bhopal Kanpur
Kolkata Nagpur
Chennai Patna
Jaipur Pune

RBI Grade B Previous Year’s Cut Off

Every year thousands of aspirants appear in the RBI Grade B exam but only those candidates have selected who clear all the stages by achieving the cut-off are decided. Candidates should be aware of the previous year’s cut-off to set a target for RBI Grade B 2023, It will give you an idea about the competition you have to face in this exam. 

RBI Grade-B Phase-I 2018 Exam:

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RBI Grade B Phase-I 2017 Exam:

Phase-1 2017

RBI Grade B Sectional Cutoff 2017

Section  Category
General OBC SC ST
GENERAL AWARENESS 20 16 14.25 14.25
REASONING 15 12 10.75 10.75
ENGLISH 7.50 6 5.25 5.25
QUANTITATIVE APTITUDE 7.50 6 5.25 5.25
TOTAL 78 68 64 64


RBI Grade B Main Final 2017

RBI Grade B Final Cutoff 2017
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) 196.75 181.75 175.75 175.75
Aggregate marks of written examination and interview taken together (out of total 350 marks) obtained by the respective category with reference to the no. of vacancies notified under each category 245.50 228.00 220.25 211.25

RBI Grade B Recruitment 2023, Eligibility, Exam Date, Vacancy_70.1

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FAQs

 When Will RBI Grade B Notification 2023 be released?  

The RBI Grade B Notification 2023 will be released in the month of March 2023. 

 Is RBI Grade B Officer Job transferable?

 Yes, RBI Grade B Officer Job is transferable.

What are the Eligibility Criteria for RBI Grade B Recruitment 2023?

Candidates can check the complete eligibility criteria for RBI Grade B Recruitment 2023 in the given above post. 

 Is there any sectional cut-off in the RBI Grade B Exam?

Yes, there is a sectional cutoff in the RBI Grade B Exam 2023. 

Is there any negative marking in the RBI Grade B exam?

 For every wrong answer marked by candidates, 1/4th of the marks assigned to that question will be deducted as a penalty.