RBI Grade B 2020: RBI Grade B Exam 2020 is one of the most coveted job profiles in the Banking Sector. Through RBI Grade B 2020 Exam, the RBI recruit eligible candidates to the post of DR, DEPR, and DSIM in Common Seniority Group (CSG) in Reserve Bank of India. The selection for the recruitment of officers in Grade-‘B’ (DR) was started in 2015.
The RBI Grade B 2019 interview dates have been re-scheduled. The Revised Interview date was released on August 26, 2020, and the interview is scheduled for October 2020.
In this article, the candidates will get the complete details on the RBI Grade B 2020 exam, selection process, syllabus as well as the previous year cut-off marks. Get to know the details of RBI Grade B Officer Exam details here on this page in detail.
RBI Grade B 2020 Notification
The RBI will be releasing the RBI Grade B 2020 Notification on its official website which is www.ri.org.in tentatively in the month of November 2020. There will be two phases of the selection process i.e. Phase-I & Phase-II and finally the interview process. RBI Grade B Officer exam is one of the most sought after exams for those seeking a career in the finance sector, with the RBI Grade B Officer Recruitment notification being highly anticipated by most of the bank job aspirants in India.
Meanwhile, you can check the RBI Grade B 2019 Notification (Previous Year)
RBI Grade B 2020: Exam Highlights
The Highlights of RBI Grade B 2020 Exam have been tabulated below:
|Name of the Exam||RBI Grade B Exam: DR, DEPR, and DSIM|
|Conducting Body||Reserve Bank of India (RBI)|
|Job Category||Government Jobs|
|Selection Process||Preliminary exam > Mains exam > Interview|
|Mode of Application||Online|
|Mode of Exam||Both Online and offline (Interview)|
|Number of vacancies||Will be updated soon|
RBI Grade B 2020: Table of Contents
- RBI Grade B: Exam Date
- RBI Grade B: Vacancy
- RBI Grade B: Eligibility Criteria
- RBI Grade B: Application Fee
- RBI Grade B: Steps to Apply
- RBI Grade B: Documents To Upload
- RBI Grade B: Online Application Form
- RBI Grade B: Salary
- RBI Grade B: Exam Pattern
- RBI Grade B: Syllabus
- RBI Grade B: Admit Card
- RBI Grade B: Result
- RBI Grade B: Cut-Off
- RBI Grade B: Exam Centres
- RBI Grade B: FAQ’s
RBI Grade B 2020: Exam Dates
RBI has released the tentative dates of RBI Grade B registration and exam:
|RBI Grade B Officers Exam||Dates (Tentative)|
|Release of RBI Grade B 2020 Official Notification||November 2020|
|RBI Grade B Registration Began on||November 2020|
|Last Day to Submit RBI Grade B 2020 Application Form||December 2020|
|RBI Grade B Exam Date for Phase I (Prelims)||December 2020|
|Release of RBI Grade B Phase 1 Result||December 2020|
|Release of RBI Grade B 2020 Phase 2 Admit Card||January 2020|
|RBI Grade B Exam Date Phase-II (General)||January 2020|
|RBI Grade B Exam Date Phase-II (DEPR and DSIM)||January 2020|
|Release of RBI Grade B Phase-II (General) Result||January 2020|
|RBI Grade B Interview Dates||To Be notified later|
|Final Result Declaration||Available Soon|
RBI Grade B 2020 Vacancy Details
As the notification for RBI 2020 has not been released yet, therefore, we have provided the previous years’ vacancy details. In 2019, RBI had released 199 vacancies for the recruitment of RBI Grade B Officers 2019. The table below gives details about the number of vacancies released by RBI for the post of Grade B officer for the past three years:
RBI Grade B Officer Vacancy
|RBI Grade B 2019||199|
|RBI Grade B 2018||166|
|RBI Grade B 2017||161|
You can clearly observe that each year there has been an increase in the no. of vacancies. Looking at this trend of RBI Grade B Vacancy, it is very clear that this year as well, the total no. of vacancies will increase. Let us now look at the Post Wise RBI Grade B 2019 Vacancy
|RBI Grade B 2019 Post||Vacancy|
|Officers in Grade ‘B’(DR)- General||156|
|Officers in Grade ‘B’(DR)- DEPR||20|
|Officers in Grade ‘B’(DR)- DSIM||23|
RBI Grade B 2020 Eligibility Criteria
Candidates should be able to fulfill the mentioned requirements to be able to apply online for RBI Grade B Exam
Candidate must be a citizen of India, or a subject of Nepal or Bhutan, or a Tibetan refugee who is permanently settled in India prior to January 1, 1962, or a person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam with the intention of residing permanently in India.
2. Age Limit
Minimum age limit- 21 years
Maximum age limit- 30 years
Age Relaxation is as per Govt. norms as given below:
|Physically Handicapped||10 years|
|PH + OBC||13 years|
|PH + SC/ST||15 years|
3. Educational Qualifications
(a) Officers in Grade ‘B’ (DR) – (General): Minimum 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.
Minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years
(b) Officers in Grade ‘B’ (DR) – DEPR: 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 recognized Indian or Foreign University /Institute;
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;
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.
(c) Officers in Grade ‘B’ (DR) – DSIM :
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 (aggregate of all semesters / years)
Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from a reputed Institute
M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (aggregate of all semesters/years)
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 Exam 2020 Number of attempts
The RBI has specified the number of attempts for each category. Check the number of attempts category wise below.
- General Candidates: 6 Attempts,
- SC/ ST/ OBC/ PWD Candidates: No bar on number of attempts.
RBI Grade B Exam 2020 Application Fee
Candidates can check the category-wise Application Fee for the RBI grade B 2020 in the table below.
|SC /ST/ PWD||INR 175/-|
|GEN/ OBC/ EWS||INR 850/-|
|Staff of RBI||Nil|
RBI Grade B 2020: Steps To Apply
It is advised that the candidates keep a valid and active email id and contact no. throughout the SBI PO Recruitment Process to receive all the updates related to it. The Steps to apply online for the SBI PO will comprise of two stages: || Registration | Login || The steps to apply online is given below.
- Click on the link given above once it is active or goes to the official website rbi.org.in.
- Separate links for Online applications for Gr B (DR) General and Online applications for DEPR/ DSIM would be displayed.
- For fresh registration, choose the tab “Click here for New Registration” and enter Important details asked.
- A Registration Number and Password will be generated by the system.
- An Email & SMS is sent to the registered email ID and a Mobile number containing the Registration number and Password.
- Log in with the Registration number and Password and fill all the important details asked there.
- Upload scanned copy of recent photograph and signature, left-hand thumb impression, and a handwritten declaration.
Documents To Upload For RBI Grade B Exam 2020
|Photograph||20 – 50 KBs||200 X 230 pixels||JPG or JPEG|
|Signature||10 – 20 KBS||140 X 60 pixels||JPG or JPEG|
|Left-Hand Thumb Impression||10 – 20 KBS||
140 X 60 pixels
|JPG or JPEG|
Hand Written Declaration
|20 – 50 KBs||
140 X 60 pixels
|JPG or JPEG|
- Next, the application fee has to be deposited using Debit/Credit Cards, Internet Banking, Cash Cards/Mobile Wallets.
- Candidates must obtain and preserve the ‘e-receipt’ as proof of successful fee payment.
- Finally, choose “Save and Next” and verify the details in the form before submission.
RBI Grade B 2020 Online Application Link
Candidates can apply online for RBI Grade B by clicking on the link mentioned below.
RBI Grade B Online Application Link[Link Inactive]
Note: The Online Application Link will be activated once the notification is released by the RBI.
RBI Grade B 2020 Salary
The candidates selected to the post of Officers through the RBI Grade B 2020 Exam will be given the salary of 12-14 Lac annually. The Exact Pay Scale for the RBI Grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. Candidates will have a Basic Pay of Rs. 35,150/- in which he/she will get an increment of Rs. 1,750/- till nine years of their service.
After the completion of these nine years, the officers will get into the executive band wherein the basic pay will increase to Rs. 50,900/- and then again for the next two years there will be an increment of Rs. 1,750/- and further an increment of Rs. 2000/- for the following 2 years. Thus a candidate will be ending up with the basic pay of Rs. 62,400/- and this is when he/she doesn’t even go through any promotion.
Apart from the Basic Pay, multiple allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc. are also provided to candidates post their joining to the post of Officer in RBI.
RBI Grade B Exam 2020 Exam Pattern
RBI Grade B 2020 Exam will be conducted in three phases:
- Phase-I or Prelims;
- Phase-II or Mains
Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India. The Final merit list will be based on candidates’ performance in the main exam and interview round.
RBI Grade B Exam Pattern For Prelims Exam
- The RBI Grade B Prelims exam will be of 200 marks with a total time duration of 120 minutes.
- There will be a specific sectional duration which will be mentioned in the admission letter.
- There will mainly be four sections
|Subject||No. Of Questions||Marks|
RBI Grade B Exam Pattern For Mains Exam
The candidates who will qualify the Prelims will be eligible to appear for the mains exam or Phase 2.
- There are three separate papers in the main exam.
- Each paper will be of 100 marks.
- The English paper is a descriptive test.
|Serial Number||Section||Paper Type||Maximum Marks||Duration|
|1.||Economics and Social Issues||Objective||100||90 minutes|
|Descriptive (to be typed with the help of keyboard)||100||90 minutes|
|3.||Paper III Finance & Management||Objective Type||100||90 minutes|
RBI Grade B Officer Interview
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II, and Paper-III of the Phase II exam. The interview Process will carry 50 marks.
RBI Grade B 2020 Syllabus
As you know that there will be three phases for the selection of RBI Grade B Officers. The first two being the written tests and the third being the Interview.
The RBI Grade B phase-1 exam is an objective type examination conducted online. It will have 4 sections:
|| General Awareness, English Language, Quantitative Aptitude and Reasoning ||
The RBI Grade B Phase II Exam is both objective & descriptive type. This phase will focus upon:
|| Economic & Social Issues, English Language and Finance & Management ||
Like any other Bank Exam, this exam will also follow a similar trend of the syllabus. Check out the syllabus given below.
|Reasoning||Quantitative Aptitude||English Language||General Awareness|
Machine Input Output
Ordering and Ranking
Arrangement and Pattern
Direction and Distance
|Ratio and Proportion
Time and Work
Speed, Distance and Time
Permutation and Combination
Fill in the Blanks
Indian Financial System
Indian Banking System
RBI Grade B 2020 Admit Card
The admit card for RBI Grade B 2020 Exam will be released after the 15 days before the exam. Candidates will be able to download RBI Grade B Prelims Admit Card once it is released by the RBI. The admit card for RBI Grade B Exam will be issued to candidates separately for Prelims & Mains. Candidates who successfully submit their RBI Grade B Online Application Form will be issued a Prelims Call Letter and the Mains Admit Card will be issued to candidates who will qualify the prelims round of the RBI Grade B 2020 Exam.
RBI Grade B 2020 Result
RBI Grade B Result for the Prelims Exam will be released by the Reserve Bank of India soon after the Prelims Exam has been conducted. The marks secured by the candidates in the RBI Grade B Exam in Prelims, Main Exam, and Interview will be available on the Bank’s website only after the declaration of the final result. The merit list is prepared in the descending order of the marks obtained by candidates after the interview process is complete.
RBI Grade B Exam Cut Off
The cut off for RBI Grade B 2020 Exam will be released after each phase of the examination is completed. The cut off for the Prelims exam will be released first followed by cut off for the Mains exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI. In the meanwhile, you can have a look at the previous year’s cut-off to get an idea as to how much would you need to secure to get through RBI Grade B Exam 2020.
RBI Grade B Cut Off For Phase I
RBI Grade B cut off 2019 for Phase I was released on December 2nd, 2019. This phase has four sections of 200 marks in aggregate. There is a sectional cut-off as well as an overall cut- off as well.
RBI Grade B 2019 Phase I Cut off
(Maximum Marks = 80)
(Maximum Marks = 60)
(Maximum Marks = 30)
(Maximum Marks = 30)
(Maximum Marks = 200)
RBI Grade B 2018 Phase I Cut off
(Maximum Marks = 80)
(Maximum Marks = 60)
(Maximum Marks = 30)
(Maximum Marks = 30)
(Maximum Marks = 200)
RBI Grade B Cut off For Phase II
The candidates who are shortlisted in the RBI Grade B Phase I are to appear for the RBI Grade B Phase II Exam. The Phase II exam is conducted for candidates who are meet the cut off of RBI Grade B Phase I. This phase consists of three papers of 300 marks. RBI Grade B cut off for Phase II is the aggregate marks secured in Paper I, II, and III which is calculated out of 300 marks.
RBI Grade B Cut off 2018 for Phase II DR-General
|The aggregate cut off marks in Paper I, II and III taken together in written exam for shortlisting candidates for Interview (Out of total 300 marks)||180.25||180.25||180.25||186.25||201.25|
RBI Grade B Cut off 2018 for DEPR
|Exam Stage||Category & CUT OFF MARKS|
|The aggregate cut off marks in Paper I (Objective Test) of Written Exam for Paper-II (Descriptive Type Test) were assessed (out of total 100 marks)||35.00||35.00||35.00||47.00||52.00|
|The aggregate cut off marks in the paper- I, II, and III took together in written examination for shortlisting the candidates for interview (out of total 300 marks)||173.34||173.34||173.34||179.34||194.34|
RBI Grade B Cut off 2018 for DSIM
|Exam Stage||Category & CUT OFF MARKS|
|The aggregate cut off marks in the paper- I (objective type test) of written examination for candidates who’s paper- II (descriptive type test) were assessed (out of total 100 marks)||11.60||11.60||11.60||38.30||43.30|
|Aggregate cut-off marks in the paper- I, II, and III have taken together in written examination for shortlisting the candidates for interview (out of total 300 marks)||136.67||136.67||136.67||142.67||157.67|
RBI Grade B 2018 Final Cut Off
RBI Grade B Main and Final Cut-off 2018
|Aggregate Marks in Phase II (Paper-I, Paper-II, and Paper-III) (Out of 300)||201.25||186.25||180.25||180.25||180.25|
|Aggregate Marks in Main exam & Interview (Out of 350)||248.50||235.50||221.25||219.50||
RBI Grade B Exam 2020 Exam Centers
Candidates have to choose one center for Phase-I and one center for Phase–II separately while filling the online application form. Allotment of the exam centers is made on a “first-apply-first-allot” basis. Check RBI Grade B 2020 Prelims and the main exam center in the tables below.
RBI Grade B Exam 2020: Prelims Exam Centers
|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, Thrissur, 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, Tirupur, 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 2020: Mains Exam Centers
|Name of the Examination Cities|
Aspirants can check more bank jobs in the below link.
RBI Grade B Exam 2020 FAQs
Q 1. Will there be an interview after the written result.?
Ans. Yes, there will be an interview round after the Mains or Phase-II online exam.
Q 2. What are the selection procedures of RBI Grade-B 2020.?
Ans. The selection process of RBI Grade B consists of three round i.e., Prelims Examination, Main Examination, and Personal Interview.
Q 3. Is there a sectional cut-off in the exam?
Ans. Yes, There is a sectional cut-off in the RBI Grade B exam.
Q 4. Is the exam Bilingual?
Ans. Yes, the exam will be bilingual except for the Test of English Language.
Q 5. Is there any Negative Marking in the RBI Grade B Exam?
Ans. Yes, negative marking for wrong answers in CBTs is 1/4th of the marks for that question.