RBI Grade B Recruitment 2024 {Today} Notification, Exam Date, Eligibility, Online Form @rbi.org.in

RBI Grade B Recruitment: The Reserve Bank of India (RBI) holds a RBI Grade B Officer Examination every year to select suitable candidates for the job of Grade B officer in its different offices throughout the nation. Thousands of candidates are drawn to the Reserve Bank of India each year because of its excellent pay scale and renowned job profile. It is critically important to prepare adequately for the RBI Grade B Exam, which has a number of vacancies to be filled. A country-wide competitive examination in three phases will be used to select RBI Grade B Officers.

After that, there was a preliminary and main examination, then an interview. To get picked for further interviews, prepare well for the interview and earn good grades. You may prepare for the exam using the RBI Grade B Syllabus 2024, which is discussed below. All of you must pass the Prelims Test, Mains Test, and Interview in order to be chosen as part of the selection process. Apply Online for RBI Grade B Recruitment 2024 using the direct links provided here.

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RBI Grade B Recruitment 2024

We are aware that the Reserve Bank of India is in charge of conducting several banking exams, including the Grade B Recruitment Exam, as we are aware. To prepare for the exam throughout the year, applicants hoping to work as an Officer in RBI should study hard. They are all champing at the bit for the RBI Grade B Notification 2024, which will provide them with complete information about the test.  According to previous patterns and our study, the RBI Grade B Recruitment 2024 will result in approximately 300 jobs.

The announcement will be made in the first week of April 2024, and online applications will commence thereafter. We chose to provide you with information on the recruitment process, such as Eligibility, Age Limit, Vacancy, Screening Process, and Syllabus. This knowledge, which you may use to prepare for the test, will prove to be quite valuable for you. We encourage you to study as much as possible and review the curriculum before the Prelims Test, in order to get high scores.

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RBI Grade B Recruitment

RBI Grade B Recruitment 2024 Details

                                                                        RBI Grade B 2024 Notification
OrganizationReserve Bank of India
Name of ExamRBI Grade B Officer Exam
VacanciesTo be Notified
Online Registration StartsTo be Notified
Exam LevelNational
Selection ProcessPrelims-Mains-Interview
CategoryRecruitment
Official Websitewww.rbi.org.in

RBI Grade B Notification Expected Date

The Reserve Bank of India (RBI) conducts the Grade B exam for the recruitment of officers in various departments. Aspirants eagerly await the notification for this prestigious exam, which is expected to be released soon. While the exact date has not been announced yet, it is anticipated that it will be released in the coming months. Candidates should keep an eye on RBI’s official website and other reliable sources for updates on the notification release date. It is advisable to start preparing for the exam well in advance to increase your chances of success. With dedication and a solid study plan, you can ace the RBI Grade B exam and embark on a fulfilling career with one of India’s most respected institutions.

  • In the first week of April 2024, the Official Notification for Grade B Recruitment is anticipated to be released.
  • The RBI Grade B Notification 2024 contains information on vacant positions, eligibility, important dates, and more.
  • Grade B (DEPR), Grade B (DSIM), and other kinds of vacancies exist in the recruitment process.
  • Once the notification is released, you will be able to register yourself for the exam @ rbi.org.in.
  • To be chosen for the position you have applied for, you must pass the Prelims Exam, Mains Exam, and then an Interview.

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RBI Grade B Recruitment 2024 Age Limit

CategoryRBI Grade B Age Limit 2024
General21 to 30 Years
OBC21-33 Years
SC/ST21-35 Years
EWS21-30 Years
PWD21-41 Years

RBI Grade B Recruitment 2024 Eligibility Criteria

  • For RBI Grade B Eligibility 2024, see the points below for different kinds of vacancies.
  • You must have obtained a minimum 60% marks in order to apply for the position of Grade B Officer (DR) General.
  • Second, you must possess a Master’s degree in Economics or Finance from a recognized institution for the position of Grade B Officer (DEPR).
  • You must have completed a Master’s degree in Mathematics or Statistics to be eligible for the position of Grade B Officer (DSIM).
  • At the moment of application, you should have all of your educational degrees, which means that those in the aforementioned courses are not qualified.

RBI Grade B Application Form 2024

The RBI Grade B Application Form 2024 will be available on the official website of the Reserve Bank of India. Interested candidates can visit the website to fill out the form and submit it before the deadline. The application process typically requires candidates to provide personal details, educational qualifications, work experience, and other relevant information. It is important for applicants to carefully review and double-check all information provided before submitting their application. Any errors or inaccuracies could lead to rejection or delay in processing. Candidates should also ensure that they meet all eligibility criteria before applying for the RBI Grade B exam. With proper preparation and attention to detail, aspiring candidates can successfully navigate the application process and take an important step towards a career with the Reserve Bank of India.

RBI Grade B Recruitment 2024 Important Dates

Event NameImportant Date
Notification DateApril 2024 (1st Week)
RBI Grade B Application Form 2024April 2024
Last DateMay 2024
Correction in Application FormMay 2024
Last Date to Pay Application FeesMay 2024
Prelims Exam DateJune 2024
Prelims ResultJuly 2024
Mains Exam DateAugust 2024
Mains Result 2024September 2024
InterviewSeptember 2024
Final ResultOctober 2024

RBI Grade B 2024 Application Fees

CategoryApplication Fee
General/OBCRs. 850/-
SC/ST/PWDRs. 100/-
Staff@RBINil

RBI Grade B Recruitment 2024 Selection Process

The Prelims test is an objective test, while the Mains test will consist of both objective and descriptive questions. The RBI Grade B 2024 Exam is conducted in three phases.

  1. Phase-I exam
  2. Phase-II exam and
  3. Interview process

RBI Grade B Recruitment 2024 Exam Pattern

The RBI Grade B 2024 Exam Pattern has been announced by the Reserve Bank of India for candidates interested in applying for the Grade B officer post. The exam will be conducted in three phases – Phase I, Phase II, and Interview. Phase I will consist of multiple-choice questions on General Awareness, English Language, Quantitative Aptitude, and Reasoning. Candidates who clear Phase I will move on to Phase II which will include three papers – Economic and Social Issues, English (Writing Skills), and Finance and Management.

The final phase will be an Interview round for candidates who have cleared both Phases I and II. The RBI Grade B 2024 Exam Pattern is designed to test a candidate’s knowledge of economics, finance, management, and other relevant subjects. Candidates must prepare thoroughly in order to succeed in this highly competitive exam. In order to secure a confirmed position as a Grade B Officer in the Reserve Bank of India, applicants must pass all three stages.

RBI Grade B Prelims Exam Pattern

A single paper with a total of 200 marks is used in the prelims exam for RBI Grade-B Officer 2024. You have 120 minutes to answer the questions. Each exam, on the other hand, will be given its own period.

SNoSection AskedNo. of QuestionsMaximum MarksDuration
1.General Awareness200200Composite time of 2 hours
2.Quantitative Aptitude
3.English Language
4.Reasoning

Note:

  1. For the prelism exam, a total of 120 minutes will be allotted. Each exam, on the other hand, will be given its own time. A Information Handout, along with the call letter for RBI Grade B 2024 prelims exam, will be provided to the candidates to download prior to the start of the examination.
  2. Each test, as well as the overall score, requires candidates to obtain a certain minimum score.

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RBI Grade B Mains Exam Pattern

S NoSections / SubjectsPaper TypeMaximum MarksDuration (minutes)
1.Paper I: Economics and Social Issues50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)50
50Total-100
30
90Total-120
2.Paper II: English (Writing Skills)Descriptive (3 questions)10090 minutes
3.Paper III: Finance and Management50% Objective Type and 50% Descriptive50
50Total-100
30
90Total-120

RBI Grade B Officer Interview Process

Based on the aggregate marks gained in Phase II exam’s Paper-I, Paper-II, and Paper-III, candidates will be shortlisted for the interview. There will be 50 points on the interview process.

RBI Grade B 2024 Exam Syllabus

The Reserve Bank of India (RBI) Grade B exam is a highly competitive exam that requires thorough preparation. The syllabus for the RBI Grade B 2024 exam includes four major sections: General Awareness, English Language, Quantitative Aptitude, and Reasoning Ability. General Awareness covers topics such as current affairs, banking awareness, and static GK. The English Language section focuses on grammar, vocabulary, comprehension, and writing skills. Quantitative Aptitude includes topics such as arithmetic, algebra, geometry, and data interpretation. Lastly, Reasoning Ability covers logical reasoning and analytical ability.

It is important to note that the syllabus for the RBI Grade B exam may be subject to changes or updates by the RBI at any time. Therefore, it is recommended to stay updated with any changes in the syllabus and prepare accordingly. With hard work and dedication towards studying the syllabus thoroughly, candidates can increase their chances of success in the upcoming RBI Grade B 2024 exam. the main areas from which the questions are asked:

  1. Reasoning
  2. Quantitative Aptitude
  3. General Awareness and
  4. English Language
EnglishQuantitative AptitudeReasoningGeneral Awareness
GrammarMensurationPuzzlesBanking & Financial Awareness
VocabularyTime and WorkSeating ArrangementMonetary Policies
Error SpottingAverage, Ratio, PercentagesDirections and DistanceEconomic Terms
ComprehensionSpeed, Distance and TimeData SufficiencyCurrent Affairs
Passage MakingMixture and AllegationsBlood RelationsFinancial & Economics News
Jumble WordsPermutation and CombinationSyllogismStatic GK
Fill in the BlanksData InterpretationCoding-DecodingGovernment Schemes, Agreement & Deals
Sentence FramingProbabilityInequalityBanking terms, rates, processes

RBI Grade B Eligibility Criteria

The eligibility criteria for the RBI Grade B exam is designed to ensure that only the most qualified candidates are selected for this prestigious position. To be eligible, candidates must have a minimum of 60% marks in their bachelor’s degree or an equivalent qualification from a recognized university. In addition, candidates must also be between the ages of 21 and 30 years old, with some age relaxations available for certain categories. Candidates who have a master’s degree or a PhD are also eligible to apply, provided they meet the other criteria. It is important for candidates to carefully review the eligibility requirements before applying to ensure that they meet all necessary qualifications. The RBI Grade B exam is highly competitive, so meeting these eligibility criteria is just the first step towards securing this coveted position in India’s central bank.

To be eligible for the RBI Grade B 2024 Exam, applicants must follow the following criteria (as described in the previous year’s RBI Grade B Notification):

RBI Grade B Citizenship & Nationality

• Must be a citizen of India

• Must be a subject of Nepal

• Must be a subject of Bhutan

•A Tibetan refugee who arrived in India before January 1, 1962, with the desire to stay permanently.

•With the goal of permanently residing in India, a person of Pakistani heritage moved from Pakistan, Burma, Sri Lanka, East Africa nations such as Kenya and the United Republic of Tanzania (previously Tanganyika and Zanzibar).

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RBI Grade B Age Limit

For taking the RBI Officer (Grade ‘B’) test, the RBI has established minimum age restrictions. To apply for the RBI Grade B exam in 2024, candidates must be between the ages of 21 and 30 (both age requirements apply). For those with a M.Phil., here’s how to apply: Ph.D. is also a degree that has been earned by The upper age restriction will be 32 and 34 years old, respectively.

RBI Grade B Age Relaxation

According to the guidelines established by the Board, candidates who belong to the reserved class will be granted an exemption from upper age restrictions.

CategoryAge relaxation
SC/ST5 years
OBC3 years
Physically Handicapped10 years
PH + OBC13 years
PH + SC/ST15 years

RBI Grade-B Educational Qualification

PostsMinimum Educational Qualifications 
Officers in Grade ‘B’ (DR) – (General)• Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.

Note:

• Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.

• Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.

OR

• Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination.

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.

Officers in Grade ‘B’ (DR) – DSIMEssential:

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.

RBI Grade B Number of Attempts

For a general candidate, there are six attempts to participate in the RBI Grade B Exam, whereas for SC/ST/PWD/EXSM, there is no limit on how many times they may participate in the exam if they reach the maximum age level.

RBI Grade B Salary 2024

Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years) is the pay scale for the RBI Grade B Officer. Therefore, throughout your tenure of nine years, you will receive a basic salary of Rs. 55,200/yr., with a rise of Rs. 2850/yr. You will be promoted to the executive band after nine years, and your basic pay will be Rs. 80850/- for the first two years, followed by another yearly rise of Rs. 2850/- for the next four years, resulting in a basic pay of Rs. 99,750/- if you do not get any promotion. Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, and Conveyance Allowance are among the numerous emoluments available. It will also be possible to receive them.

RBI Grade B Exam Centers

The Reserve Bank of India conducts Grade B exams across various cities in the country. The exam centers are located in major cities such as Mumbai, Delhi, Chennai, Kolkata, Hyderabad, and Bangalore, among others. These centers are chosen based on factors such as accessibility, availability of infrastructure and facilities, and the number of candidates expected to appear for the exam. Candidates can select their preferred exam center while filling out their application forms. It is important to choose a center that is convenient and accessible to ensure that you arrive at the exam venue on time and without any stress. With its wide network of exam centers across the country, the RBI ensures that candidates have a fair chance of appearing for the Grade B exams regardless of their location.

RBI Grade B Exam Centers for Phase-I Exam

States /UTsRBI Grade B Exam Centers for Prelims
Andaman & NicobarPort Blair
Andhra Pradesh & TelanganaGuntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram
Arunachal PradeshItanagar, Naharlagun city
AssamDibrugarh, Guwahati, Jorhat, Silchar
BiharBhagalpur, Muzaffarpur, Patna
ChandigarhChandigarh
ChattisgarhRaipur, Bhilai
Daman & DiuJamnagar
GoaVarna
GujaratAhmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara
HaryanaHissar, Karnal, Rohtak
Himachal PradeshDharamsala, Shimla
Jammu & KashmirJammu
JharkhandBokaro, Dhanbad, Jamshedpur, Ranchi
KarnatakaBelgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi
KeralaKannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil
LakshadweepKavaratti
Madhya PradeshBhopal, Gwalior, Indore, Jabalpur
MaharashtraAurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur
ManipurImphal
MeghalayaShillong
MizoramAizawl
NagalandKohima
New DelhiDelhi –NCR
OrissaBalasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
PuducherryCuddalore, Villupuram
PunjabAmritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
RajasthanAjmer, Jaipur, Jodhpur, Kota, Udaipur
SikkimGangtok, Bardang City
TamilnaduChennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin
TripuraAgartala
Uttar PradeshAgra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
UttarakhandDehradun, Haldwani, Nainital, Roorkee City
West BengalBerhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri

RBI Grade B Exam Centers for Phase-II Exam

Name of the Examination Cities
AhmedabadJammu
BengaluruKanpur
BhopalKochi
BhubaneswarLucknow
KolkataMumbai
ChandigarhNagpur
ChennaiNew Delhi
GuwahatiPatna
HyderabadPune
JaipurThiruvananthapuram

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RBI Grade B Admit Card

For both Phase-I and Phase-II exams, the RBI Grade B Admit Card 2024 will be available separately. Candidates who have passed the RBI Grade B Phase-I exam will be issued an admit card for the Phase-II exam. Candidates will not be sent RBI Grade B Call Letters via mail or post, and the RBI will be releasing RBI Grade B Admit Card on its official website.

RBI Grade B Result

After each stage of the test, the results for RBI Grade B 2024 Test will be published. To be eligible to sit for the interview process, a candidate must first pass both Phase-I and Phase-II exams. When the interview phase is completed, the merit list is created in descending order of candidates’ grades. How well you do in your interview determines who gets the final spot.

RBI Grade B Exam Cut Off

The RBI Grade B Exam Cut Off is an important factor to consider for those aspiring to join the Reserve Bank of India. The cut off marks are the minimum scores that candidates must obtain in order to be considered for further selection rounds or for recruitment. The cut off marks are determined based on a variety of factors, including the number of vacancies available, the difficulty level of the exam, and the number of candidates who appeared for the exam. Candidates should aim to score above the cut off marks in order to increase their chances of being selected.

After each portion of the test is finished, the cutoff for RBI Grade B 2024 Exam will be released. The Phase-I cutoff will be announced first, followed by the Phase-II cutoff. Candidates may compare their scores to the RBI cut off list to see how they stack up against other applicants. For guidance, look at the RBI Grade B Exam Cut Off from the previous year.

RBI Grade-B Cut-Off 2022 for Phase-I Exam 
Section Category 
GENERAL/UR EWS OBC SC ST PwBD (OH/HI/VH/MD) 
GENERAL AWARENESS
(Maximum Marks = 80)
12.0012.008.006.256.256.25
REASONING
(Maximum Marks = 60)
9.009.006.004.754.754.75
ENGLISH LANGUAGE
(Maximum Marks = 30)
4.504.503.002.252.252.25
QUANTITATIVE APTITUDE
(Maximum Marks = 30)
4.504.503.002.252.252.25
TOTAL SCORE/ Aggregate
(Maximum Marks = 200)
63.7563.7560.2555.2550.7549.75

RBI Grade B Exam Preparation

Each and every candidate must examine the latest exam pattern and change in the syllabus to prepare for the RBI Grade B 2024 Exam successfully. Career Power provides a Skill Enhancement Program, which candidates may choose from. In order to self-analyze and prepare appropriately for this upcoming exam, they may also solve Mock Test Papers.

Preparing for the RBI Grade B exam requires dedication and hard work. The exam consists of three phases: Phase I, Phase II, and an interview. To succeed in this competitive exam, candidates need to have a strong understanding of economics, finance, current affairs, and quantitative aptitude. It is essential to have a comprehensive study plan that covers all the topics included in the syllabus. Practicing previous years’ question papers and mock tests can help candidates gain confidence and improve their time management skills.

Frequently Asked Questions

When will RBI Grade B Notification 2024 release?

RBI Grade B Notification 2024 has not been released with any specific dates.

What is the age limit for posts announced under RBI Grade B Recruitment 2024?

The minimum and maximum age restrictions are 21 and 30 years, respectively. According to RBI standards, the age relaxation is:

Is there any negative marking for RBI Grade B Exam?

Yes, Every incorrect answer in RBI Grade B receives a 0.25 mark penalty.

Can final year students apply for RBI Grade B Recruitment 2024?

No, only Grade B positions are available to applicants who have completed their education.

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