RBI Grade B 2020: Notification, Exam Date, Eligibility, Online application Form, Exam Pattern

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 will 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.

In this article, the candidates will get the complete details on the RBI Grade B 2020 exam, selection process, syllabus as well as the cut-off. With an excellent pay scale and reputed job profile, every year thousands of students take this examination. 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 at its official website tentatively in September 2020.  Candidates who get selected after Phase-I & Phase-II of the exam are called for the final 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: Overview

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)
Official Website rbi.org.in
Job Category Government Jobs
Exam Level National
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

  1. RBI Grade B: Exam Date
  2. RBI Grade B: Vacancy
  3. RBI Grade B: Eligibility Criteria
  4. RBI Grade B: Application Fee
  5. RBI Grade B: Steps to Apply
  6. RBI Grade B: Documents To Upload
  7. RBI Grade B: Online Application Form
  8. RBI Grade B: Salary
  9. RBI Grade B: Exam Pattern
  10. RBI Grade B: Syllabus
  11. RBI Grade B: Admit Card
  12. RBI Grade B: Result
  13. RBI Grade B: Cut-Off
  14. RBI Grade B: Exam Centres
  15. 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 September 20, 2020
RBI Grade B Registration Began on September 21, 2020
Last Day to Submit RBI Grade B 2020 Application Form October 11, 2020
RBI Grade B Exam Date for Phase I (Prelims) November 9, 2020
Release of RBI Grade B Phase 1 Result November 18, 2020
Release of RBI Grade B 2020 Phase 2 Admit Card November 22, 2020
RBI Grade B Exam Date Phase-II (General) December 1, 2020
RBI Grade B Exam Date Phase-II (DEPR and DSIM) December 2, 2020
Release of RBI Grade B Phase-II (General) Result December 18, 2020
RBI Grade B Interview Dates January 13 – March, 2021
Final Result Declaration Not Announced Yet

RBI Grade B Exam Vacancy

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 Exam  Vacancies
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
Total 199

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

  1. Nationality: 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- 21 years
    Maximum- 30 years
    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
  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 recognised Indian or Foreign University /Institute;
    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;
    OR
    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.
    (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)
    OR
    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 a reputed Institute
    OR
    M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (aggregate of all semesters / years)
    OR
    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: 6 Attempts,
  • SC/ ST/ OBC/ PWD: 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.

Category Amount
SC /ST/ PWD INR 100/-
GEN/ OBC/ EWS INR 850/-
Staff of RBI Nil

RBI Grade B Exam 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.

  1. Click on the link given above once it is active or go to official website rbi.org.in.
  2. Separate links for Online applications for Gr B (DR) General and Online applications for DEPR/ DSIM would be displayed.
  3. For fresh registration, choose the tab “Click here for New Registration” and enter Important details asked.
  4. A Registration Number and Password will be generated by the system.
  5. An Email & SMS is sent to registered email ID and a Mobile number containing Registration number and Password.
  6. Login with the Registration number and Password and fill all the important details asked there.
  7. 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

Documents Size Pixels Format
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
  1. Next, the application fee has to be deposited using Debit/Credit Cards, Internet Banking, Cash Cards/Mobile Wallets.
  2. Candidates must obtain and preserve the ‘e-receipt’ as proof of successful fee payment.
  3. Finally, choose “SAVE AND NEXT” and verify the details in the form before submission.

RBI Grade B Exam 2020: Online Application Form

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 is going to be active once the notification is released by the RBI.

RBI Grade B Exam 2020: Salary

The candidates selected to the post of Officers through 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 exam,
  • Phase-II exam and
  • Interview process.

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 main exam and interview round.

RBI Grade B Exam Pattern For Prelims Exam

Subject No. Of Questions Marks
General Awareness 80 80
Quants 30 30
English 30 30
Reasoning 60 60
Total 200 200

RBI Grade B Exam Pattern For Mains Exam

Serial Number Section Paper Type Maximum Marks Duration
1. Economics and Social Issues Objective 100 90 minutes
2. Paper II English (Writing Skills) 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 Phase II exam. Interview Process will carry 50 marks.

RBI Grade B 2020: Syllabus

As you know that there will be three phases for the selectioon 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 the similar trend of syllabus. Check out the syllabus given below.

Reasoning Quantitative Aptitude English Language General Awareness
Inequality

Coding Decoding

Syllogism

Machine Input Output

Data Sufficiency

Circular Arrangement

Linear Arrangement

Verbal Reasoning

Ordering and Ranking

Arrangement and Pattern

Blood Relations

Direction and Distance

Ratio and Proportion

Average

Time and Work

Speed, Distance and Time

Percentage

Permutation and Combination

Algebra

Trigonometry

Data Interpretation

Mensuration

Probability

Set Theory

Grammar

Vocabulary

Error Spotting

Comprehension

Passage Making

Jumble Words

Fill in the Blanks

Sentence Framing

Current Affairs

Indian Financial System

Indian Banking System

Monetary Plans

National Institution

Banking Terms

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 Prelims Call Letter and the Mains Admit Card will be issued to candidates who will qualify the prelims round of RBI Grade B 2020 Exam.

RBI Grade B 2020 Admit Card 

RBI Grade B 2020 Result

RBI Grade B Result for Prelims Exam will be released by Reserve Bank of India soon after the Prelims Exam has been conducted. The marks secured by the candidates in 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 Result 

RBI Grade B Exam Cut Off

The cut off for RBI Grade B 2020 Exam will be released after each phase of examination is completed. The cut off for the Prelims exam will be released first followed by cut off for 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

Section Category
GENERAL/UR EWS OBC SC ST PwBD (OH/HI/VH/MD)
General Awareness
(Maximum Marks = 80)
20.00 20.00 16.00 14.25 14.25 14.25
Reasoning
(Maximum Marks = 60)
15.00 15.00 12.00 10.75 10.75 10.75
English Language
(Maximum Marks = 30)
7.50 7.50 6.00 5.25 5.25 5.25
Quantitative Aptitude
(Maximum Marks = 30)
7.50 7.50 6.00 5.25 5.25 5.25
Total Score/Aggregate
(Maximum Marks = 200)
122.00 122.00 115.50 108.00 108.00 108.00

RBI Grade B 2018 Phase I Cut off

Category
General Awareness
(Maximum Marks = 80)
Reasoning
(Maximum Marks = 60)
English Language
(Maximum Marks = 30)
Quantitative Aptitude
(Maximum Marks = 30)
Total score/aggregate
(Maximum Marks = 200)
General/UR 20.00 15.00 7.50 7.50 105.75
OBC 16.00 12.00 6.00 6.00 95.75
SC 14.25 10.75 5.25 5.25 91.75
ST 14.25 10.75 5.25 5.25 91.75
PWD (OH/HI/VH/MD) 14.25 10.75 5.25 5.25 91.75

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

Exam Stage
PwDB ST SC OBC General
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
PwDB ST SC OBC General
Aggregate cut off marks in Paper I (Objective Test) of Written Exam for candidates who’s paper II (Descriptive Type Test) were assessed (out of total 100 marks) 35.00 35.00 35.00 47.00 52.00
Aggregate cut off marks in paper- I, II and III taken 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
PwDB ST SC OBC General
Aggregate cut off marks in 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 paper- I, II and III 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

Phases General OBC SC ST PwD
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

Gen-235.50, OBC-223

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 are made on “first-apply-first-allot” basis. Check RBI Grade B 2020 Prelims and 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
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 2020: Mains Exam Centers

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

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 is 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 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.

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