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RBI Grade B Notification 2024, Exam Date, Eligibility, Apply Online

RBI Grade B Notification 2024

The Reserve Bank of India (RBI) will conduct the RBI Grade B Exam 2024 to recruit eligible candidates for the Grade B Officer Post. The RBI Grade B 2024 recruitment will be done for three posts- Officers in Grade ‘B’ (DR)–(General), DEPR, and DSIM. The official notification is expected to be released in April 2024 and the online application process will begin afterwards. Within a month of closing of online applications, the Phase 1 exam will be conducted in June/July 2024. Candidates who are interested in applying for the RBI Grade B 2024 recruitment should go through this article to check the details of the RBI Grade B Eligibility Criteria, Selection, Syllabus, Exam Pattern, and Salary and then plan their exam preparation accordingly.

RBI Grade B 2024 Exam

The RBI Grade B exam is conducted by the Reserve Bank of India (RBI) to recruit officers in various departments such as General, DEPR (Department of Economic and Policy Research), and DSIM (Department of Statistics and Information Management). The exam is held in three phases: Phase I, Phase II, and an Interview. The final selection is based on the candidate’s performance in Phase II and the interview. The exam syllabus, pattern, and eligibility criteria may vary slightly post-wise, so aspirants need to check the official RBI notification. Candidates should also prepare thoroughly by referring to previous years’ question papers, and study materials, and taking mock tests to enhance their chances of success in the exam.

RBI Grade B Recruitment 2024- Overview

The RBI Grade B Recruitment 2024 Exam is an annual exam that is conducted to select eligible candidates as Grade B Managers at RBI branches. We have discussed each detail related to the exam below. Candidates can check the overview of the recruitment here.

RBI Grade B 2024 Notification
Organization Reserve Bank of India
Name of Exam RBI Grade B Officer Exam
Vacancies TBA
Category Bank Jobs
Online Registration TBA
Exam Level National
Selection Process Prelims-Mains-Interview
Job Location All Over India
No of Attempts 6
Official Website www.rbi.org.in

RBI Grade B 2024 Notification PDF

Reserve Bank of India (RBI) will issue the RBI Grade B 2024 Notification PDF along with the online registration dates and Exam Date. The detailed RBI Grade B 2024 Notification PDF is expected in April 2024 on the official website @rbi.org.in. The official notification includes eligibility criteria, exam patterns, and other important details. We will be providing below the detailed RBI Grade B 2024 Notification PDF download link once it is released officially.

RBI Grade B Exam Date 2024

The exam date for the RBI Grade B 2024 Exam will be announced along with the official notification. RBI usually releases exam dates for both Phase 1 and 2 with the notification. It is expected that the Phase 1 Exam for the Generalist post will be held in June/July 2024 and the Phase 2 will be held after a month of Phase 2. The admit card for the same will be available separately for both phases on the official website of RBI. Any new announcement related to exam date will be updated here.

RBI Grade B 2024- Important Dates

The candidates can find the important dates related to the RBI Grade B 2024 Notification in the table given below to avoid missing out on any important events and important dates.

RBI Grade B Recruitment 2024: Important Dates
Event Date
RBI Grade B Notification April 2024
RBI Grade B Apply Online 2024 Start Date April 2024
Last date to submit the online application form TBA
Last date to submit the online application form TBA
RBI Admit Card for Phase-I Exam TBA

RBI Grade B 2024 Vacancy

The RBI Grade B Vacancy 2024 will be announced along with the RBI Group B Notification 2024 PDF. For the year 2023, the total number of vacancies available for the RBI Grade B previous year exam was 291, and they are distributed across different posts, which include Officers in Grade ‘B’ (DR)–(General) with 222 vacancies, Officers in Grade ‘B’ (DR)–DEPR with 38 vacancies, and Officers in Grade ‘B’ (DR)–DSIM with 31 vacancies. Candidates can check the RBI Grade B previous year vacancy for an idea in the table below.

Please Note: The table below shows the RBI Grade B Vacancy for the previous year (2023) as the RBI Grade B Vacancy 2024 has not been notified yet.

RBI Grade B Vacancy (Previous Year)
Post Name Vacancy
Officers in Grade ‘B’ (DR)–(General) 222
Officers in Grade ‘B’ (DR)–DEPR 38
Officers in Grade ‘B’ (DR)–DSIM 31
Total 291

RBI Grade B Apply Online 2024

The RBI Grade B 2024 Online Application dates will be notified in the RBI Grade B Notification 2024. Candidates need to fill out the application form online as no other modes of application will be accepted. The direct link to apply for the RBI Grade B 2024 will be shared below once it is released officially. Candidates are required to fill out the application form with utmost care and mindfulness. Before filling out the Application form, candidates are required to register on the portal. After registration, you can continue with the RBI Grade Application form and fill out your details, upload photos, signatures, handwritten declarations, etc., and pay the application fee to complete the online application process.

RBI Grade B Application Fee

Candidates can check the category-wise Application Fee for the RBI Grade B 2024 in the table below. The RBI Grade B Application Fee can be paid online through a debit/credit card, or any other payment gateway as mentioned by RBI in its official notification. This application fee is non-refundable.

Category Application Fee
SC/ST/PWD Rs. 100
Gen/OBC/EWS Rs. 850
Staff of RBI Nil

RBI Grade B 2024 Eligibility Criteria

Candidates should be able to fulfill the mentioned requirements to be able to apply online for the RBI Grade B Exam. It is important that the candidates check out the detailed eligibility criteria before filling out the application form.

Nationality

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.

RBI Grade B Age Limit

The RBI Grade B Minimum and Maximum age limit are as shown below along with the age relaxation for the reserved category candidates.

Minimum age limit: 21 years
Maximum age limit: 30 years

Age Relaxation is as per Govt. norms as given below:

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 Eligibility Criteria 2024

RBI Grade B Educational Qualifications

Given below are the educational qualification requirements to join RBI as a Grade B officer as per the vacancies in RBI Grade B Recruitment 2024.

Stream Qualifications
General Bachelor’s degree with minimum 60% marks (50% for SC/ST/PwBD) or equivalent grade in aggregate for all semesters/years, as well as in 12th (or Diploma or equivalent) and 10th standard examinations.
DEPR – Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance with minimum 55% marks or equivalent grade in aggregate of all semesters/years from a recognized Indian or Foreign University/Institute. OR,

– PGDM/ MBA Finance with minimum 55% marks or equivalent grade in aggregate of all semesters/years from a recognized Indian or Foreign University/Institute. OR,

– Master’s Degree in Economics in any sub-category with minimum 55% marks or equivalent grade in aggregate of all semesters/years from a recognized Indian or Foreign University/Institute.

DSIM – Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with minimum 55% marks or equivalent grade (aggregate of all semesters/years). OR,

– Master’s Degree in Mathematics with minimum 55% marks or 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 minimum 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 minimum 55% marks or equivalent grade in aggregate of all semesters/years.

RBI Grade B Exam 2024: 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 the number of attempts.

RBI Grade B 2024 Selection Process

The RBI Grade B Selection Process consists of three stages –

  1. Phase I
  2. Phase II
  3. Interview.

Phase I comprises objective-type questions on the English language, quantitative aptitude, reasoning, and general awareness. Phase II is divided into three papers covering economic and social issues, English writing skills, and finance and management. 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. The RBI Grade B 2024 Exam will be conducted in three phases:

  • Phase-I or Prelims;
  • Phase-II or Mains
  • Interview

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 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 be four main sections.
Subject Questions Marks Duration
General Awareness,

Quantitative Aptitude,

English Language, and

Reasoning

200 200 2 hours (120 minutes)
Total 200 200 2 hours

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.
  • For RBI Grade B Officers in Gr B (DR)- General, candidates have to appear for papers I, II, and III.
  • For RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, candidates have to appear for papers II and III.
  • Paper I & III are 50% Objective & 50 % descriptive while Paper- II is Descriptive only.
  • Each paper will be 100 marks.
  • The English paper is 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 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 75 marks.

RBI Grade B Notification 2024, Exam Date, Eligibility & Exam Pattern_90.1

RBI Grade B 2024 Syllabus

Candidates who are preparing for the RBI Grade B exam 2024 should check the detailed RBI Grade B Syllabus 2024 to ensure good preparation. As you know there will be three phases for the selection of RBI Grade B Officers. The first two are the written tests and the third is the Interviews.

  1. 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
  2. The RBI Grade B Phase 2 Exam is both objective & descriptive type. This phase will focus on Economic & Social Issues, English Language, and Finance & Management
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 2024 Salary

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.

After the completion of these nine years, the officers will get into the executive band wherein the basic pay will increase to Rs. 80,850/- and then again for the next two years there will be an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years. Thus a candidate will end up with the basic pay of Rs. 99,750/- 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 join the post of Officer in RBI.

RBI Grade B Exam Centers

The RBI Grade B Exam Center for the Prelims Exam is given below. Candidates can check the state-wise/UT-wise exam centers that are available. While filling out the application form, candidates can choose the exam center according to their close proximities.

RBI Grade B 2024 Exam Centers for Phase I Exam
State/UT Center State/UT Center
Andaman & Nicobar Port Blair Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain
Andhra Pradesh Guntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam Maharashtra Amravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune
Assam Dibrugarh, Guwahati, Jorhat, Silchar, Tezpu Meghalaya Shillong
Bihar Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna Mizoram Aizawl
Chandigarh Chandigarh, Mohali Nagaland Kohima
Chhattisgarh Raipur, Bhilai, Bilaspur (CG) New Delhi Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram
Daman & Diu Rajkot Orissa Balasore, Berhampur (Ganjam),
Bhubaneswar, Cuttack, Rourkela, Sambalpur
Goa Panaji Rajasthan Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur
Gujarat Ahmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara Sikkim Gangtok-Bardang City
Haryana Ambala, Hissar, Kurukshetra. Tamil Nadu Chennai, Coimbatore, Erode, Madurai,
Virudhunagar, Salem, Namakkal,
Thiruchirapalli, Tirunelvelli,
Himachal Pradesh Hamirpur, Solan, Shimla Telangana Hyderabad- Rangareddy, Karimnagar, Warangal
Jammu & Kashmir Jammu Tripura Agartala
Ladakh Leh Puducherry Puducherry
Jharkhand Bokaro, Dhanbad, Hazaribaug,
Jamshedpur, Ranchi
UP Agra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi
Karnataka Bengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi Uttarakhand Dehradun, Haldwani, Roorkee City
Kerala Kannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur,
Palakkad, Thiruvananthapuram, Kollam,
West Bengal Asansol, Kolkata, Greater Kolkata, Kalyani, Siliguri
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala

RBI Garde B Previous Year Papers

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 Cut-Off– Click to Check

How to Prepare for RBI Grade B?

Candidates who want to become an RBI Grade B Manager in the Reserve Bank of India will have to appear for the Phase I, Phase II, and Interview stages. It is of vital importance that the candidates plan their preparation for the exam. Only a 2-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 as mentioned in the official notification and the RBI Grade B 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 a 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 Notification 2024, Exam Date, Eligibility & Exam Pattern_90.1

 

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FAQs

Is RBI Grade B conducted every year?

Ans. Yes, the Reserve Bank of India conducts RBI Grade B Exam once in a year for General, DEPR, and DSIM vacancies.

What is the age limit for posts announced under RBI Grade B 2024?

Minimum age limit- 21 years and Maximum age limit- 30 years. Age Relaxation is provided as per RBI norms.

Can final year students apply for RBI Grade B Recruitment 2024?

No, only candidates who have completed their graduation can apply for RBI Grade B Posts.

How many attempts are specified to appear in RBI Grade B Officer Exam?

For general candidates, there are 6 attempts specified, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates

Is there any negative marking for RBI Grade B Exam?

Yes, there is negative marking of 0.25 marks for every incorrect answer in RBI Grade B.

What is the selection procedure followed for RBI Grade B Posts?

The selection will be done on the basis of three stages:
Phase-I or Prelims;
Phase-II or Mains
Interview

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9 Comments

  1. I have 56 percentage in degree i belongs to general category and i have pg 60 percentage am I eligible to apply for rbi grade B?

  2. 60% toh nhi h but baaki banking exams bhi toh sirf edu.qualification hi required h fir ye rbi waalo ko jyada chaiye ab paper toh hum bhi nikal sakte h lekin ye percentage hatwa doh.

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