RBI Grade B Exam Date 2024 Out, Admit Card, Phase 1 Result

Reserve Bank of India released the RBI Grade B Exam Date 2024 to fill 94 vacancies on the official website @rbi.org.in. The Exam is conducted in three Phases. The RBI Grade B Phase 1 exam was conducted for the DR General post, and the Result is expected in the last week of September. The RBI Grade B Exam 2024 Phase 1 for the DEPR, DSIM post is scheduled for 14th September 2024. Candidates who successfully applied for the Exam can now download the RBI Grade B Admit Card 2024. In this guide, we have shared everything that you need to prepare for the RBI Grade B Exam 2024 such as the Grade B exam pattern and syllabus, selection process and preparation strategy. Go through this guide and boost your preparation.

RBI Grade B Exam Date 2024 Out

The RBI Grade B Recruitment selection process consists of three stages: prelims, mains, and an interview. Selected Candidates will be recruit as a Grade B Officers in the General, DEPR, and DSIM departments of the bank. The RBI has scheduled the Grade B Phase I exam for DEPR, DSIM on 14th September 2024 and the Phase 2 Exam on 19th October 2024 for the DR General post. Upon recruitment, candidates undergo a 15-week training period followed by a 2-year probation period.

RBI Grade B 2024 Notification PDF

The RBI Grade B Notification 2024 PDF has been released on the official website of RBI. Interested and eligible candidates in the post of RBI Grade ‘B’ DR- General/DEPR/DSIM can download the RBI Grade Notification PDF from the direct link shared below. The application process is ongoing and will end on 16th August 2024.

RBI Grade B Notification 2024 PDF Link (Active)

RBI Grade B 2024 Exam Overview

Working at the RBI is highly empowering. To offer this opportunity, the RBI conducts the annual Grade ‘B’ Exam for General, DEPR, and DSIM posts. The RBI Grade B Examination comprises three stages: Phase I, Phase II, and the Interview, all conducted online. The merit list is based on marks obtained in Phase II and the Interview. Get details of the highlights of the RBI Grade B Notification 2024 from the table given below.

RBI Grade B 2024 Post

The RBI Grade B Exam is mainly conducted for 3 posts as listed below. The RBI Grade B posts are annually announced by the conducting authority for the recruitment.

1. RBI Grade B DR- General
2. RBI Grade B DR- Department of Economic and Policy Research
3. RBI Grade B DR- Department of Statistics and Information Management

For a General post, anybody can apply but for a DEPR/DSIM Post, candidates need to have specific qualifications like a master’s Degree in Economics, Statistics, Mathematics, MBA, etc. Don’t worry we have shared the post-wise qualification in detail below.

RBI Grade B Officers conduct research and analysis on various economic and financial issues, contributing to the formulation of policy recommendations and strategic initiatives.

RBI Grade B Vacancy 2024

The RBI Grade B Vacancy 2024 details has been announced along with the official notification PDF. This year, a total of 94 vacancies of RBI Grade B will be filled, which is lower than expected, because the previous year’s vacancy was 291. The RBI Grade B post-wise vacancy details are mentioned in the table given below.

RBI Grade B 2024 Important Dates

Candidates can check here all the important dates related to the RBI Grade B exam. As the official notification is released we have updated the information here.

RBI Grade B 2024 Application Form

The RBI Grade B Notification 2024 PDF has been published on the official web portal. The Online registration for RBI Grade B has been concluded on 16th August 2024. Candidates who submitted their application form, can now download their RBI Grade B Prelims Admit Card 2024 from the official website.

Steps Apply for RBI Grade B Recruitment 2024

To appear for the RBI Grade B 2024 Examination, Candidates need to fill out the application form online as no other modes of application will be accepted. You are required to fill out the application form with utmost care and mindfulness because any mistake can lead to disqualification.

The Application process for RBI Grade progressed in the following stages:

Registration Process

Step 1. Register on the Official Website: Start by registering on the official RBI website.

Step 2.  Fill Out the Application Form

• Complete the application form with all the required details.
• Upload your photo and signature according to the specified guidelines.

Step 3. Upload Additional Documents

• Upload a scanned image of your left-hand thumb impression.
• Upload a scanned copy of your handwritten declaration as specified.

Step 4. Pay the Application Fee

• Pay the application fee using the available online payment options.

Step 5. Submit the Application Form

• Review all the details carefully and submit the application form.

You will have to provide essential details like phone number, email ID, parents’ details, number of attempts, CIBIL Score, Category (if any), academic qualification, experience (not mandatory), selection of exam centre, etc. Also, the last stage is to pay the application fee which is mentioned below.

RBI Grade B 2024 Application Fee

The RBI Grade B Application Fee can be paid online through a debit/credit card, or any other payment gateway as mentioned by RBI. This application fee is non-refundable.

RBI Grade B 2024 Eligibility Criteria

Here, comes the most important part before the online application process which decides whether you can appear for the exam or not. You need to fulfil the RBI Grade B Eligibility Criteria 2024 to be able to apply online for the RBI Grade B Exam.

RBI Grade B 2024 Age Limit

To apply for the RBI Grade B officer exam, you must be at least 21 years old as of January 1, 2024 (expected). The maximum age limit is 30 years, meaning you should not have reached 30 years of age as of the date specified in the official notification PDF.

RBI Grade B 2024 Educational Qualification

To be eligible for RBI Grade B, candidates must also meet the educational qualification criteria. Below, we have outlined the post-wise RBI Grade B Educational Qualification for 2024.

RBI Grade B 2024 Nationality

As per the RBI Grade B 2024 Eligibility, the candidates must fulfil the nationality criteria. The candidates must be either:

(i) a citizen of India, or
(ii) a subject of Nepal, or
(iii) a subject of Bhutan, or
(iv) a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently
settling in India, or
(v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of
Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam to permanently settle in India.

RBI Grade B Number of Attempts

The RBI Grade B Number of Attempts has been mentioned in the table given below. The established limits on the number of attempts for the RBI Grade B exam has been set by the Reserve Bank of India. General category candidates are allowed to attempt the exam up to 6 times, as detailed in the notification PDF. However, candidates from SC/ST/PwD categories have no restrictions on the number of attempts.

RBI Grade B 2024 Selection Process

Right within one month of completion of the online application process, RBI will begin with the selection process stages and those who applied will have to appear for these stages. The RBI Grade B Selection Process consists of three stages –

1. Phase I: It comprises objective-type questions on the English language, quantitative aptitude, reasoning, and general awareness. The total number of Marks is 200 and the mode of examination is online. The questions will be set in both Hindi and English and the questions shall be MCQ-based. Candidates must note that this is qualifying in nature and it will not be added to the final merit list.
2. Phase II: Those who qualify the stage 1, will appear for the Phase II Exam. It is divided into three papers covering economic and social issues, English writing skills, and finance and management. The syllabus and exam pattern of Phase 2 varies for General, DEPR, and DSIM posts.
3. Interview: Finally, candidates who clear Phase II are called for the Interview stage. A thorough understanding of the RBI Grade B selection process can help candidates prepare more effectively and increase their chances of success in the exam.

RBI Grade B 2024 Exam Pattern

In this section, we have discussed the RBI Grade B Exam Pattern 2024. Go through the bullet points and tables which contain the details of the Phase 1 and 2 Exam Patterns.

1. The RBI Grade B Prelims exam will be 200 marks with a total time duration of 120 minutes.
2. There will be a specific sectional duration which will be mentioned in the admission letter.
3. There will be four main sections.

The candidates who qualify for the Prelims will be eligible to appear for the mains exam or Phase 2.

1. There are three separate papers in the main exam.
2. For RBI Grade B Officers in Gr B (DR)- General, candidates have to appear for papers I, II, and III.
3. For RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, candidates have to appear for papers II and III.
4. Paper I & III are 50% Objective & 50 % descriptive while Paper- II is Descriptive only.
5. Each paper will be worth 100 marks.
6. The English paper is a descriptive test.

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 75 marks.

RBI Grade B 2024 Syllabus

After learning about the exam pattern, the next step is to go deeper and break the syllabus into small parts to start with your preparation. So, the RBI Grade B Syllabus is crucial to clear the exam stages.

The syllabus for the RBI Grade B examination is comprehensive and covers a wide range of topics relevant to the banking, economic, and financial sectors. Most of the subjects included in the syllabus are:

For Phase 1 Exam:

The RBI Grade B Phase 1 Exam consists of the following subjects. The General Awareness section includes related to the Banking & Financial sector, Current Affairs of national and international importance, Acquisition & Mergers, etc.

If you are a banking aspirant then you will see that the questions asked from Quantitative Aptitude, Reasoning, and English language are the Mains Exam level of Bank exams.

1. General Awareness
2. Quantitative Aptitude
3. English Language
4. Reasoning

For Phase II Exam:

Phase 2 exam is divided into 3 papers as shown in the exam pattern. The subjects that are included in the exam are:

1. Economic and Social Issues: Growth & Development, Indian Economy, Globalization, Social Structure)
2. Finance and Management: Financial System, Financial Markets, Management, Ethics at workplace, Accounts)
3. English Descriptive (which involves essay, precis writing)

RBI Grade B Previous Year Question Paper

RBI Grade B Previous Year Papers are an essential resource for aspirants preparing for the prestigious RBI Grade B exam. These papers provide insight into the exam pattern and help aspirants familiarize themselves with the types of questions asked.

By practicing previous year’s papers, candidates can identify their strengths and weaknesses, and improve their time-management skills. With our comprehensive collection of RBI Grade B Previous Year Papers, candidates can boost their preparation and increase their chances of success in the exam. Start practicing today to ace the RBI Grade B exam.

RBI Grade B 2024 Salary

From the viewpoint of banking aspirants, the most attractive point about the RBI Grade B Officer post is the RBI Grade B salary that it offers to newcomers. The candidates selected for the post of Officer through the RBI Grade B 2024 Exam will be given a salary of 12-14 Lac annually.

The Exact Pay Scale for the RBI Grade B Officer is Rs 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. Candidates will have a Basic Pay of Rs. 55,200/- in which he/she will get an increment of Rs. 2850/- till nine years of their service. The gross monthly salary of a newly recruited Grade B Manager is Rs. 1,16,914 (approx.).

• If housing is not supplied by the bank, the House Rent Allowance, which is 15% of Basic Pay, will be paid.
• Up to 150 litres of fuel may be claimed each month if the employees own a car and use it to commute to the office.
• Those who successfully complete the selection process and work for the government will be eligible for pension benefits.

Job Profile of an RBI Grade ‘B’ Officer?

The job profile of a Grade B Officer is as interesting as its salary. After becoming a grade b officer, candidates will be put into 2 years of probationary period and their performance will be assessed. Here, are some of the duties that the grade b manager is required to perform.

1. They have to assist the central bank in managing the designated departments, collecting data and analyzing.
2. Selected candidates are liable to be posted and transferred anywhere in India.
3. They are responsible for managing the country’s currency supply, including issuing currency notes and coins, monitoring circulation, and combating counterfeiting activities.
4. They also perform administrative tasks related to their roles, such as preparing reports, conducting meetings, and coordinating with other departments within the RBI.

How to Prepare for RBI Grade B 2024 Exam?

Now, that you know everything about the RBI Grade B Exam, your last question will be “How to prepare for such a highly coveted exam?” Well, we can help you there as well. At Adda247, we provide comprehension preparation tips and tools to prepare for the exam. Along with that, you will get valuable guidance from our experienced mentors. You can join our mock test series or download the RBI Grade PYPs through the link shared above.

So, if you have made up your mind to become an RBI Grade B Officer, then you must follow the steps given below. Only a 1.5-month gap is there between the date of the online application and the Phase I exam generally. Here, are some of the most important points that the candidate should keep in mind while preparing for the exam:

1. Go through the entire RBI Grade B Latest syllabus and the Previous Year Question papers. It will help in giving you an idea of what is asked in the exam.
2. After that, sort out all the chapters that are there in Economic and Social Issues, and Finance & Management. Make a study plan to cover all the chapters thoroughly.
3. Focus on Current Affairs, Government Schemes, RBI Reports and Indices, and other topics important from the exam point of view.
4. Also, keep practising questions for Quantitative Aptitude, Reasoning, English, and Current Affairs.
5. Join an RBI Grade B Mock Test series to assess your preparation on a real-time basis.
6. Have the confidence that you will clear the exam and be consistent with your preparation.

RBI Grade B Previous Year Cut Off

The candidates who are going to apply for the Grade B posts can go through the details of the RBI Grade B Previous Year Cut Off Marks for Phase 1 and Phase 2. The cut-off for all the subjects has been mentioned in the table given below.

Candidates can check here the RBI Grade B Cut Off in detail.

RBI Grade B 2024 Exam Centers

The list of RBI Grade B 2024 Exam Centers has been mentioned below. The Reserve Bank of India will administer the online exam for the General, DEPR, and DSIM Posts at the designated exam centers.

RBI Grade B Preparation Books

The RBI Grade B Preparation Books 2024 has been mentioned below each subject which the candidates need to prepare. They can follow these books to prepare for the RBI Grade B 2024 examination.

RBI Grade B Answer Key 2024

The RBI Grade B Answer Key 2024 will be released after the completion of the exam, allowing candidates to review the correct answers and estimate their scores. It provides transparency by letting candidates compare their responses against the official solutions, helping them assess their performance before the official results are declared. The answer key also offers an opportunity to raise objections if discrepancies are found. It is an essential resource for understanding exam accuracy and readiness for the next phase.

RBI Grade B Result Expected Date

The RBI Grade B Result 2024 is expected to be released by the official website of Reserve Bank of India. The phase 1 examination is scheduled from 8th September to 14th September 2024 and result will be released once the examination concluded. The expected date for the RBI Grade B Phase 1 Result 2024 is yet to be announced.

Benefits of Working as a RBI Grade B Officer

Working as an RBI Grade B officer offers numerous benefits, including a prestigious and stable career in India’s central bank. Officers receive an attractive salary along with various allowances such as house rent, dearness, and transport allowances. They also enjoy benefits like medical coverage, leave travel concessions, and pension schemes. The job provides opportunities for career growth and promotions.

Additionally, officers gain exposure to diverse financial sectors and policymaking, enhancing their professional development. The work-life balance, job security, and chances to contribute to the country’s financial stability make it a highly rewarding career.

RBI Grade B Mock Test

The candidates appearing in the RBI Grade B 2024 examination must understand the importance of RBI Grade B Mock Test. To prepare for the examination effectively, the candidates will need plenty of recourses to test their abilities. RBI Grade B Mock Test by Adda247 will help you test your preparation and examination yourself before the examination.

RBI Grade B Online Coaching

The candidates can also avail proper guidance to prepare for the examination will the help of RBI Grade B Online Coaching by Adda247. With curated courses by the expert faculties, the candidates will be able to strategically prepare for the upcoming examination. Get access to various video lessons, practice sessions, mock test, and study notes.

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