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RBI Grade B Recruitment 2022 Notification Out, Online Application, Eligibility

RBI Grade B 2021: Notification, Exam date, Apply Online, Vacancy, Syllabus_40.1

RBI Grade B Notification 2022: Reserve Bank of India has released a Short advertisement to recruit 294 Grade B officers on 21st March 2022. RBI Grade B official notification PDF will be published on the official website of RBI @www.rbi.org.in on 28th March 2022. RBI Grade B is the most awaited notification of this year therefore candidates should read all the details carefully. The online Application apply link for RBI Grade B 2022 will be activated from 28th March and the last date to fill out the application is 18th April 2022. All the important information like educational qualification, eligibility criteria, important dates, number of vacancies will be known with the release of RBI Grade B 2022 notification PDF.

RBI Grade B Notification 2022

RBI Grade B notification 2022 will be updated once it is released on the official website of RBI. The RBI Grade B 2022 notification will be released on 28th March 2022. It is important to read the detailed official notification of the RBI Grade B exam. We have provided previous year’s RBI Grade B notification for your reference. Click the link below to download the detailed official notification of RBI grade B of last year.

RBI Grade B 2022 Official Notification
(Link will be Activated Soon)

Check RBI Grade-B Previous Year Official Notification

RBI Grade B Notification 2022: Important Dates

RBI will issue all important dates along with official notification of RBI Grade B 2022 recruitment. Candidates can visit regularly for the latest updates of the RBI Grade B Exam with all the important dates of RBI Grade B recruitment 2022.

RBI Grade-B 2022: Important Dates
Events Dates
Release of RBI Grade B Notification 28th March 2022
RBI Grade B Apply Online Starts 28th March 2022
Online Payment of Application Fees / Intimation Charges till 18th April 2022
RBI Grade B Phase-I Exam Date 28th May 2022
RBI Grade B Phase-I Exam Date( DEPR & DSIM) 2nd July 2022
Phase-I Result To be notified
Phase-I Cut-Off To be notified
Phase-II Call Letter To be notified
Phase-II Exam Date 25th June 2022
RBI Grade B Phase-2 Exam Date( DEPR & DSIM) 6th August 2022

RBI Grade B Recruitment 2022 Apply Online

The online application process for RBI Grade B 2022 recruitment will start from 28th March 2022 and the last date to apply online is 18th April 2022.The online registration procedure for RBI Grade B 2022 exam will be conducted through online mode on rbi.org.in. Candidates can submit their application form after starting the registration process of RBI Grade B Recruitment 2022 by given below link:

RBI Grade B Application Form 2022: Click Here to Apply

 

RBI Grade B 2022 Vacancy

RBI has released 294 vacancies for the post of RBI Grade B officer as per the notification released by RBI. 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. Complete details of RBI Grade B 2021-22 vacancies are given in the table below:

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 2022: 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:

Category Age relaxation
SC/ST 5 years
OBC 3 years
Physically Handicapped 10 years
PH + OBC 13 years
PH + SC/ST 15 years

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.

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 2022 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:

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 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 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.

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

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 2022 Syllabus 

RBI is going to release the full notification PDF for RBI Grade B 2022 on 28th March 2022. Before starting preparation of RBI Grade B, candidates should be well versed with the syllabus, so in this article we have given previous year syllabus of RBI Grade B exam, once the notification for the year 2022 will be released, we will update you.

RBI Grade B 2022 (Phase I)

RBI Grade B Examination has three 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

RBI Grade B 2022 (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

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 Banking sector
  • An alternate source of finance
  • Public-Private Partnership (PPP)

RBI Grade B Salary 2022

As per the official notification of the RBI, 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/-

That is not it, there are other perks as well like Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.

RBI Grade B 2022: 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 category for RBI Grade B 2022 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 previous year 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 2022, 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

RBI Grade B Exam Centers for Phase-II Exam

Given below are the exam centres for phase-II of RBI Grade B

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

RBI Grade B 2022 Admit Card

RBI will release the Admit card in the prelims, mains and the interview stage. RBI Grade Phase 1 exam will be conducted on 28th May and the admit card for Phase 1 will be released 10 to 15 days prior to the exam. Whenever RBI will release the admit card we will provide the direct link below

RBI Grade B Previous Year’s Cut Off

Every year thousands of aspirants appear in RBI Grade B exam but only those candidates are selected who clear all the stages by achieving the cut off decided. Candidates should be aware of previous year cut off to set a target for RBI Grade B 2022, It will give you an idea about the competition you have to face in this exam. 

RBI Grade-B Phase-I 2018 Exam:

RBI Grade B 2021: Notification, Exam date, Apply Online, Vacancy, Syllabus_50.1

RBI Grade B Phase-I 2017 Exam:

Phase-1 2017

SECTION WISE CUTOFF MARKS FOR PHASE – I 
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

 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) 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 Result 

RBI Grade B Result 2022 will be updated for all the stages i.e. Prelims, Mains followed by Interview once it is released on the official website of the Reserve Bank of India (RBI). 

RBI Grade B 2019 Exam Analysis: Check Here

Getting a job in RBI is a dream of many banking aspirants but only few get a chance to reach there as it requires complete commitment and deep knowledge of all the sections which is asked in exam. Before starting preparation, candidates should see the previous years exam analysis to get aware of the difficulty level of exam and the type of questions asked in previous year. RBI Grade B Phase I 2019 detailed Exam analysis & review of both the shifts have been updated by ADDA247. Click on the link below to check the detailed analysis.

RBI Grade B 2019 Exam Analysis Shift 1

RBI Grade B 2019 Exam Analysis Shift 2

RBI Grade B Recruitment 2022: FAQs

Q1. When Will be RBI Grade B Exam 2022 be released?
Ans: The RBI Grade B Exam 2022 notification will be released on 28th March 2022

Q2. What is the salary given to an RBI Grade B Officer?
Answer: Based  on previous year notification ,Initial monthly Gross emoluments are approximately Rs. 77,208 (approx.) per month. Selected Candidates for RBI Grade-B Officers will draw a starting basic pay of Rs. 35,150 per month.

Q3. What are the best books for the RBI Grade B exam 2022?
Ans: ADDA247 provides the best books that you can refer to while preparing for RBI Grade-B. Here is the list of the books that you can refer to while preparing for this examination:
1. ACE Quant
2. ACE Reasoning
3. ACE English
4. Book on Puzzles & Seating Arrangement
5. Book on Data Interpretation & Analysis
6. Descriptive Writing Book
7. 50+ Previous Years’ Memory Based Papers Book
8. Economic & Social Issue eBook
9. Management & Finance eBook
10. Descriptive English eBook
11. Union Budget & Economic survey

Q4. What is the Eligibility Criteria for RBI Grade B Recruitment 2022?
Answer: Based on previous year’s notification ,Educational Qualification: 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.
Age: Candidates must be at least 21 years of age and not more than 30 years of age.

Q5. Is there any negative marking in the RBI Grade B exam?
Ans : In previous year there was a 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.

Q6. Is there any sectional cut off in the RBI Grade B Exam?
Ans: Yes, in previous year there was a sectional cut off in the RBI Grade B exam. The candidates must pass in each of the above Objective tests.

Q7. Is RBI Grade B Officer Job transferable?
Ans: Yes, RBI Grade B Officer Job is transferable.