RBI Grade B 2021: The Reserve Bank of India has released the scorecard and marks for the Phase I Exam for Grade B officers for 2020-21 on its official website @rbi.org.in on 31st March 2021. A total of 322 vacancies for various posts will be recruited through this recruitment drive. Phase-1 Exam was held on 06th March 2021 and the candidates shortlisted in the Phase I exam will be qualified for the Phase II exam which has been scheduled for 31st March & 01st April 2021. The candidates who have applied for the recruitment should bookmark this page for every latest update.
RBI Grade B 2021: Overview
|RBI Grade B 2021 Notification|
|Organization||Reserve Bank of India|
|Name of Exam||RBI Grade B 2021|
|Online Registration Starts||28th January 2021|
|Last Date to Apply||15th February 2021|
RBI Grade B 2021: Notification
The official notification for RBI Grade B 2021 has been released on the official website of RBI Advt. No 1A/2020-21. The official notification includes eligibility criteria, exam pattern, and other important details. Check the official notification of RBI Grade B 2021 from the link given below.
RBI Grade B 2021: Important Dates
|1||Release of online application form||28th January 2021|
|2||Last date to submit the online application form||15th February 2021|
|3||RBI Admit card for Phase-I Exam||26th February 2021|
|4||General Phase-I exam, DEPR/DSIM Paper I Exam||06th March 2021|
|5||RBI Grade B Phase I Result||13th March 2021|
|6||The release of the Admit Card for Phase-II Exam||20th March 2021|
|7||DEPR/DSIM Paper II, Paper III Exam||31st March 2021|
|8||General Phase-II exam||01st April 2021|
|9||Declaration of the result of Phase-II Exam||To be updated soon|
|10||Interview Process||To be updated soon|
|11||Declaration of the final result||To be updated soon|
RBI Grade B 2021: Vacancy Details
RBI Grade B Vacancy 2021 is announced through the Group B notification on the official website. The total number of vacancies this year in RBI Grade B is 322
|1||Officers in Grade ‘B’(DR)- General-PY 2021||270|
|2||Officers in Grade ‘B’(DR)- DEPR*-PY 2021||29|
|3||Officers in Grade ‘B’(DR)- DSIM-PY 2021||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
The candidate must be a citizen of India or a subject of Nepal or Bhutan, or a Tibetan refugee who is permanently settled in India before 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 intending to reside permanently in India.
2. Age Limit (As of January 01, 2021)
Minimum age limit: 21 years
Maximum age limit: 30 years
Age Relaxation is as per Govt. norms as given below:
|Physically Handicapped||10 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; OR 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 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) OR 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 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 2021 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 2021 Application Fee
Candidates can check the category-wise Application Fee for the RBI grade B 2021 in the table below.
|Staff of RBI||Nil|
RBI Grade B 2021: Steps To Apply
It is advised that the candidates keep a valid and active email id and contact no. throughout the RBI Grade B Recruitment Process to receive all the updates related to it. The Steps to apply online for the RBI Grade B 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 the 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 in all the important details asked there.
- Upload scanned copy of recent photograph and signature, left-hand thumb impression, and a handwritten declaration.
RBI Grade B 2021 Online Application Link
The online application was active till 15th February 2021. The interested and eligible candidates had applied successfully for RBI Grade B 2021 and are now ready to appear in the exam which has been scheduled for 06th March 2021.
RBI Grade B 2021: Exam Pattern
RBI Grade B 2021 Exam will be conducted in three phases:
- Phase-I or Prelims;
- Phase-II or Mains
Candidates are required to clear all three phases to get a confirmed post as a Grade B Officer in the 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
||200||200||2 hours (120 minutes)|
RBI Grade B Exam Pattern For Mains Exam
The candidates who qualify for 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.
Economic & Social Issues
English (Writing Skills)
Finance and Management
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
|Reasoning||Quantitative Aptitude||English Language||General Awareness|
Machine Input Output
Ordering and Ranking
Arrangement and Pattern
Direction and Distance
|Ratio and ProportionAverage
Time and Work
Speed, Distance and Time
Permutation and Combination
Fill in the Blanks
|Current AffairsIndian Financial System
Indian Banking System
RBI Grade B 2021 Salary Structure
The candidates selected for the post of Officers through the RBI Grade B 2021 Exam will be given a 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 they’re joining to the post of Officer in RBI.
RBI Grade B 2021 Admit Card
The admit card for RBI Grade B Phase I Exam 2021 has been released on 25th February 2021. Candidates who are going to appear in the exam can download RBI Grade B Prelims Admit Card from the direct link or official website. 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 for the prelims round of the RBI Grade B 2021 Exam.
RBI Grade B 2021 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 2021 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 the 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 2021.
RBI Grade B 2021: FAQs
Q. When is the Phase 2 RBI Grade B 2021 Exam schedule for?
Ans. The Phase-2 exam has been scheduled for 31st March & 01st April 2021.
Q. What is the age limit for posts announced under RBI Grade B Recruitment 2021?
Ans. Minimum age limit- 21 years and Maximum age limit- 30 years. Age Relaxation as per RBI norms.
Q. I am in the last semester of my graduation. Can I apply for RBI Grade B Recruitment 2021?
Ans. No, only candidates who have completed their graduation can apply for RBI Grade B Posts.
Q. How many attempts are specified to appear in RBI Grade B Officer Exam?
Ans. For general candidates, there are 6 attempts specified, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates
Q. Is there any negative marking for RBI Grade B Exam?
Ans. Yes, there is a negative marking of 0.25 marks for every incorrect answer.
Q. What is the selection procedure followed for RBI Grade B Posts?
Ans. The selection will be done based on three stages:
- Phase-I or Prelims;
- Phase-II or Mains