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]|
|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|
|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)
|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)
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
(DR) – DSIM
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
(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.
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:
- Reading Comprehension
- Cloze Test
- Sentence Errors
- Vocabulary based questions
- Sentence Improvement
- Jumbled Paragraph
- Paragraph Based Questions ( Paragraph Fillers, Paragraph Conclusion, Paragraph /Sentences Restatement)
- Seating Arrangements
- Direction Sense
- Blood Relation
- Order and Ranking
- Machine Input-Output
- Alpha-Numeric-Symbol Series
- Data Sufficiency
- Logical Reasoning (Passage Inference, Statement, and Assumption, Conclusion, Argument)
- 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)
- 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
- 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|
|Daman & Diu||Jamnagar|
|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|
|Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur|
|Maharashtra||Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur|
|New Delhi||Delhi –NCR|
|Orissa||Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur|
|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|
|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 centers for phase II of the RBI Grade B Exam 2023.
|Name of the Examination Cities|
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:
RBI Grade B Phase-I 2017 Exam:
RBI Grade B Sectional Cutoff 2017
RBI Grade B Main Final 2017
|RBI Grade B Final Cutoff 2017|
|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|