- RBI Officer Grade B 2024 Notification
- RBI Grade B 2024 Overview
- RBI Grade B 2024 Application fee
- RBI Grade B 2024 Important Dates
- RBI Grade B 2024Vacancy
- RBI Grade B 2024 Eligibility
- RBI Officer Grade B 2024 Selection Process
- RBI Grade B 2024 Exam Pattern
- RBI Grade B 2024 Interview
- RBI Grade B 2024 Syllabus
- RBI Officer Grade B 2024 Admit Card
- RBI Officer Grade B 2024 Result
- RBI Officer Grade B 2024 Salary
- How to apply for RBI Officer Grade B 2024?
- RBI Officer Grade B 2024 Books
- RBI Officer Grade B 2024 FAQs
RBI Officer Grade B 2024 Notification
The Reserve Bank of India recently published a short RBI Officer Grade B 2024 recruitment notification. According to the short notification, there are 94 total vacancies to be filled through this recruitment. Eligible candidates can apply online from 25th July to 16th August 2024. The RBI Grade B officers will be recruited for the General (DR), DEPR, and DISM posts. The selection of RBI Grade B officers will be done through three stages, which are Preliminary exam, main exam, and Interview.
RBI Grade B 2024 Overview
The RBI Grade B Officer 2024 recruitment exam will be held all over India at specified exam centers. This recruitment exam is held online every year. The overview of this recruitment exam is given below:
| Particulars | Details |
|---|---|
| Organization | Reserve Bank Of India |
| Exam Name | RBI Grade B Officer Recruitment Exam |
| Post | Grade B Officer |
| Vacancies | 94 |
| Category | Bank Exam |
| Mode of Exam | Online |
| Selection Process | Phase I, Phase II, and Interview |
| Application Mode | Online |
| Official Website | www.rbi.org.in |
RBI Grade B 2024 Application fee
The Application fee for RBI Officer Grade B must be paid before 16th August 2024. The category-wise RBI Application fee is given below in the table:
| Category | Amount |
|---|---|
| Application fee for General/ OBC | Rs.850 /- |
| Application fee for ST/SC/PWD/EXS | Rs.100/- |
RBI Grade B 2024 Important Dates
The RBI Grade B Officer exam dates are also released along with the short notification. The RBI Grade B recruitment is done every year by the Reserve Bank of India. The RBI Grade B Form 2024 will start from25th July 2024. The important dates of RBI Grade B Officer are given below:
| Event | Date |
|---|---|
| RBI Grade B Notification release | 25th July 2024 |
| RBI Grade B Apply Online Starts | 25th July 2024 |
| Last date to submit the online application form | 16th August 2024 (6 pm) |
| RBI Admit Card for Phase-I Exam | Available soon |
| Officers in Grade B (DR)- General Phase-I – Online Exam | 8th September 2024 |
| RBI Grade B Phase 1 Exam for Grade B (DR)- DEPR & DSIM | 14th September 2024 |
| RBI Grade B Phase 2 Exam for Grade B (DR)- General | 19th October 2024 |
| RBI Grade B Phase 2 Exam for Grade B (DR)- DEPR & DSIM | 26th October 2024 |
| RBI Grade B Interview 2024 | December 2024 |
RBI Grade B 2024Vacancy
According to the official notification released by the board, there are a total of 94 vacancies to be filled for the posts of Officers Grade B General, Officers Grade B DEPR, and Officers Grade B DSIM. The post-wise vacancies are given below:
| RBI Grade B Vacancy 2024 | |
| Posts | Vacancies |
| Officers in Grade ‘B’ (DR- General) | 66 |
| Officers in Grade ‘B’ (DR)- DEPR | 21 |
| Officers in Grade ‘B’ (DR)- DSIM | 7 |
| Total vacancies | 94 |
RBI Grade B 2024 Eligibility
The RBI Grade B eligibility criteria consist of age limit, educational qualifications, and number of attempts. The post-wise RBI eligibility criteria are provided below:
RBI Grade B Educational Qualification
- RBI 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 PostGraduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
- RBI Officers in Grade ‘B’ (DR)–DEPR: A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance from a recognised Indian or Foreign University /Institute, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years; OR 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.
- RBI Officers in Grade ‘B’ (DR)–DSIM: Master’s Degree in Statistics/ Mathematical Statistics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade (aggregate of all semesters/years) OR Master’s Degree in Mathematics with a minimum of 55% marks or equivalent grade and a one-year postgraduate diploma in Statistics or related subjects from a reputed institute.
RBI Grade B Age limit
- Minimum age limit: 21 years
- Maximum age limit: 30 years
RBI Grade B 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 Number of Attempts
The RBI Grade B number of attempts has been specified for each category. Check the number of attempts given below:
- General Candidates: 6 Attempts
- SC/ ST/ OBC/ PWD Candidates: No bar on a number of attempts for the RBI Grade B exam.
RBI Officer Grade B 2024 Selection Process
The selection process of RBI Grade B officers consists of three phases, Phase I, Phase II and Phase III. The RBI Grade B exam will be held in online mode.
- Phase- Preliminary Exam
- Phase- Mains Exam
- Phase- Interview
RBI Grade B 2024 Exam Pattern
RBI Grade B 2024 Phase I Exam Pattern
The RBI Grade B phase 1 exam pattern will consist of four subjects which are General Awareness, Quantitative Aptitude, English Language, and Reasoning. The RBI Grade B exam pattern is given below.
- There is a negative marking of 1/4th.
- There will be a sectional time for each subject.
- There will be 1 mark for each correct answer.
| Sections | No. of Questions | Maximum marks | Sectional Duration |
|---|---|---|---|
| English language | 30 | 30 | 25 minutes |
| Quantitative aptitude | 30 | 30 | 25 minutes |
| Reasoning Ability | 60 | 60 | 45 minutes |
| General Awareness | 80 | 80 | 25 minutes |
| Total | 200 | 200 | 120 minutes |
RBI Grade B 2024 Phase II Exam Pattern
- There are three separate papers in the RBI Grade B mains exam.
- Candidates applying for RBI Grade B Officers in Gr B (DR)- General, have to appear for Paper I, II, and III.
- Candidates applying for RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, have to appear for Paper-II and III.
- Paper I & III will be 50% Objective & 50 % descriptive, while Paper- II will be Descriptive only.
- Each paper will be of 100 marks each.
- The English paper will be a descriptive test.
| Paper | Format | Duration | Marks |
|---|---|---|---|
| Paper-I Economic & Social Issues | Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 | |
| Paper-II English (Writing Skills)3 Questions | Descriptive | 90 Minutes | 100 |
| Paper-III Finance and Management | Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 |
RBI Grade B 2024 Interview
Candidates will be chosen for the interview based on their overall performance in Papers I, II, and III of the Phase II exam. The interview will be worth 75 marks.
RBI Grade B 2024 Syllabus
As you are aware, the selection of RBI Grade B Officers will take place in three stages. The first two are written tests, and the third is an interview. The RBI Grade B syllabus is given below:
RBI Grade B 2024 Phase 1 Syllabus
| Subject | Syllabus |
|---|---|
| Quantitative Aptitude | Ratio & Proportion, Mensuration, Percentage, Average, Speed, Time and Distance, Time and Work, Permutation and Combination, Mixture and Alligation, Data Interpretation, Probability, Stocks and Shares, Simplification and Approximation, Quadratic Equations, Inequalities, Number Series, Upstream and Downstream, Profit and Loss, Simple and Compound Interest |
| Logical Reasoning | Puzzles, Seating Arrangement, Inequalities, Direction Test, Blood Relation, Syllogism, Input-Output, Data Sufficiency, Reasoning, Analogy Coding-Decoding, Ranking, Alphanumeric series |
| English | Reading Comprehension, Cloze Test, Para jumbles, Fill in the blanks, Multiple Meaning /Error Spotting, Paragraph Completion |
| General Awareness | Current Affairs, Indian Financial Systems, Indian Banking Systems, Monetary Plans, National Institutions, Banking Terms |
RBI Grade B 2024 Phase 2 Syllabus
| Name of the Paper | Syllabus |
|---|---|
| Economic & Social Issues | Economic Reforms In India:Industrial and Labour PolicyMonetary and Fiscal PolicyPrivatizationRole of Economic PlanningEconomic Planning in IndiaGlobalizationOpening Up of the Indian EconomyBalance of PaymentsExport-Import PolicyInternational Economic InstitutionsIMF and World BankWTORegional Economic CooperationGrowth And DevelopmentMeasurement of growth: National Income and per capita incomePoverty Alleviation and Employment Generation in IndiaSustainable Development and Environmental issuesSocial Structure In IndiaMulticulturalismDemographic TrendsUrbanization & MigrationGender IssuesSocial Justice: Positive Discrimination in Favor of the UnderprivilegedSocial MovementsIndian Political SystemHuman DevelopmentSocial Sectors in IndiaHealth and Education |
| Finance & Management | Finance:Financial SystemRegulators of Banks & Financial InstitutionsFunctions of RBI, The conduct of monetary policy, The Banking system of India, Financial Institutions (SIDBI, NABARD, EXIM, NHB)Financial MarketsPrimary & Secondary markets (Forex, Money, Bond, Equity), Functions, Instruments, Recent developments.General TopicsRisk Management in the Banking sectorBasics of Derivatives: Forward, Futures, and SwapChanging Landscape of Banking sectorRecent developments in the Financial sector, Portfolio investment, Public sector reforms, DisinvestmentsFinancial Inclusion – Use of technologyAlternate source of finance, private and social cost-benefit, Public-Private partnershipCorporate Governance in the Banking sector, the role of e-governance in addressing the issues of corruption & inefficiency in the government sectorThe Union budget – Direct and indirect taxes; Non-tax sources of Revenue, GST, 13th Finance Commission and GST, Finance Commission, Fiscal policy, Fiscal responsibility, and budget management actInflation: Definition, trends, estimates, consequences, and remedies: WPI, CPI – components of trendsManagement:ManagementNature & ScopeProcesses (Planning, Organizing, Staffing, Directing, Controlling)Role of a Manager in an organizationLeadershipTasks of a leaderStyles & theoriesSuccessful vs Effective leaderHuman Resource Development:Concepts & goals of HRDPerformance appraisal – Potential appraisal & development – Feedback & Performance counseling – Career planning – Training & development – Rewards – Employee welfare.MotivationTheoriesMorale & IncentiveHow managers motivateMorale conceptFactors influencing moraleRole of incentives in building up moraleCommunicationSteps in the communication processCommunication channelsCommunication types: Oral vs Written; Verbal vs Non-verbal; Upward, downward & lateralRole of ITBarriers to communicationCorporate GovernanceMechanismsFactors affecting corporate governance |
| English Writing Skills | Essay WritingPrecis Writing (Summary Writing)Comprehension |
RBI Officer Grade B 2024 Admit Card
Candidates who intend to take the exam must obtain their RBI Grade B Admit Card from the direct link or the official website. Candidates will receive their admit cards for the RBI Grade B Exam separately for Prelims and Mains. Candidates who successfully submit their RBI Grade B Online Application Form will be issued a Prelims Call Letter, and candidates who qualify for the prelims round of the RBI Grade B 2024 Exam will be issued a Mains Admit Card.
RBI Officer Grade B 2024 Result
The Reserve Bank of India will release the RBI Grade B Result for the Prelims Exam shortly after the Prelims Exam is completed. The marks obtained by candidates in the RBI Grade B Exam in Preliminary, Main Exam, and Interview will be available on the Bank’s website only after the final result is announced. After the interview process is completed, the merit list is created in descending order of the marks obtained by candidates.
RBI Officer Grade B 2024 Salary
The official notification details the RBI Grade B salary structure. According to the RBI Grade Notification, the salary structure is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). The basic salary for an RBI Grade B is Rs. 55,200, and the gross salary is Rs. 1,08,404 (approximately), which is the highest in the banking sector.
| Particulars | Amount in Rupees |
|---|---|
| Basic Pay | Rs. 55,200 |
| Grade Allowances | Rs. 6,800 |
| Dearness Allowances | Rs. 33,215 |
| Housing Allowance | Rs. 5,273 |
| CVPS Incentives | Rs. 827 |
| Special Prerequisite Allowances | Rs. 1,465 |
| Special Allowances- Direct Recruit | Rs. 1,800 |
| Local Compensatory Allowances | Rs. 3,664 |
| Meal Allowance | Rs. 160 |
| Gross Pay | Rs. 1,08,404 |
How to apply for RBI Officer Grade B 2024?
- Go to the RBI’s official website, rbi.org.in.
- At the bottom of the page, click on the Opportunities section.
- Click on the current vacancies section to open a new tab.
- Select the “RBI Officer Grade B Recruitment 2023” option.
- Now, select the “Application Form” option.
- A new tab will appear, requesting your registration.
- Click the New Registration link.
- Fill out the form with the correct information from your official documents.
- Save the image and upload a scanned photograph and signature.
- Check all of your information before clicking the submit button.
- Finally, pay the application fee for your category.
- The application fee must be paid online via debit/credit card, mobile wallets, or net banking.
- Remember to save an e-print of the receipt for future reference.
RBI Officer Grade B 2024 Books
| Book Name | Book Link |
| RBI Grade B English Subject | View Book |
| RBI Grade B Quantitative Aptitude Subject | View Book |
| RBI Grade B Reasoning Subject | View Book |
| Candidates can also consider these books for their preparation of Banking Exams | View Book |
RBI Officer Grade B 2024 FAQs
Ans. The RBI Grade B exam will be conducted in online mode.
Ans. Yes, the RBI Grade B exam is one of the toughest exams in the banking sector. Banking awareness plays an important role in the recruitment of candidates for banking sector jobs.
Ans. No, a candidate should have passed the graduation to be eligible for RBI Grade B recruitment.
Ans. Yes, the RBI Grade B Officer exam has a negative marking of 1/4th.
Ans. The Reserve Bank of India is the main body to conduct this exam all over India.
