RBI Grade B is one of the most coveted job profile in the Banking Sector. Through RBI Grade B 2018 Exam, the government will recruit eligible candidates to the post of Officer in Reserve Bank of India. With an excellent pay scale and reputed job profile, every year thousands of students take this examination. With a handful of vacancy it is really important to prepare effectively for this exam.
RBI has released the official RBI Grade B Notification 2018. Candidates can read the official RBI Grade B Notification by clicking on the link mentioned below. RBI Grade B Online Application started on 3rd July 2018. A total of 166 vacancy has been announced by Reserve Bank of India.
166 RBI Grade B Vacancies have been declared this year. Let's have a look at the detailed vacancy for RBI Grade B 2018 Exam.
|1.||RBI Grade B (GEN)||127|
|2.||RBI Grade B (OBC)||22|
|3.||RBI Grade B (SC/ST)||17|
The tentative schedule of RBI Grade B has been released. Candidates can get a overview of the RBI Grade B Tentative Schedule 2018 from below.
|1||Release of online application form||3rd July 2018|
|2||Last date to submit online application form||23rd July 2018|
|3||Release of Admit card for Phase-I Exam||August 2018|
|4||Commencement of Phase-I exam||16th August 2018|
|5||Commencement of Phase-II exam||7th September 2018|
A total of Rs. 850/- is the application fee that has to be paid by candidates belonging to General and OBC category for RBI Grade B 2018 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category. Candidates can apply online for RBI Grade B by clicking on the link mentioned below.
The candidates selected to the post of Officers through RBI Grade B 2018 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 dosen'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.
As the exam for RBI Grade B 2018 will be conducted online at various centers across the country, candidates are given the liberty to choose center of their choice and are allotted centers based on their selection. In case there is unavailability of seat in the preferred location, RBI has the authority to allot you a center other than the one you chose.
RBI Grade B 2018 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.
|Subject||No. Of Questions||Marks|
|Name of the Paper||Type of the Paper||Time (Mins)||Marks|
|Paper I Economic & Social Issues||Objective Type||90||100|
|Paper II English (Writing Skills)||Descriptive (to be typed with the help of keyboard)||90||100|
|Paper III Finance & Management||Objective Type||90||100|
Phase-1 exam is an objective type examination conducted online. It will have mainly 4 sections: General Awareness, English Language, Quantitative Aptitude and Reasoning.
Phase-2 exam of RBI Grade B 2018 is both objective & descriptive type. The major areas to focus upon are: Economic & Social Issues, English Language and Finance & Management.
Syllabus for Phase-I Examination:
|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
To be eligible for RBI Grade B 2018 Exam, a candidate must hold a bachelor’s degree in any discipline with an aggregate of 60% and above from a recognized university. The same percentage is reduced to 50% for candidates belonging to SC/ST/PWD category. A candidate must fall into the age limit as stated by RBI in its notification (i.e. not less than 21 years of age and not more than 30 years of age).
The admit card for RBI Grade B 2018 Exam will be released separately for both Phase-I and Phase-II exam. Admit card for Phase-I Exam will be released in the first week of August. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.
RBI will be releasing RBI Grade B Result after each phase of examination. Candidates can view their result online by entering their Registration ID and Password. The final Result will determine the list of candidates who will be granted the allotment letter by Reserve Bank of India.
The cut off for RBI Grade B 2018 Exam will be released after each phase of examination is completed. The cut off for the Phase-I exam will be released first followed by cut off for Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI.
|SECTION WISE CUTOFF MARKS FOR PHASE - I|
|CUT-OFF MARKS DECIDED BY THE BOARD AT VARIOUS STAGE OF THE RECRUITMENT PROCESS|
|Aggregate Cut-Off Marks in paper-I, paper- II And Paper-III taken together in written examination for shortlisting the candidate for interviewer (Out of total 300 marks)||176.75||161.75||155.75||155.75|
|Aggregate marks written examination and interviewer taken together (out of total 350 marks) obtained by the respective category with reference too the no. of vacancies notified under each category||225.50||211.00||204.25||210.25|
Phase-I of RBI Grade B will be tent atively conducted in June 2018. Phase-I Exam constitute of 200 questions asked from different sections namely Reasoning, Quantitative Aptitude, English Language and General Awareness. Phase-I of RBI Grade B 2018 Exam has both sectional as well as overall cut-off. We are sharing last minute preparatory tips for scoring high in RBI Grade B 2018 Phase-I Examination.
Let’s have a look at different sections separately:
|Sections Asked||Areas to focus on|
|General Awareness||RBI News|
|Banking News and Banking Terms|
|Current Affairs: Economy, Finance News|
|Static General Knowledge|
|English Language||Passage Writing|
|Synonyms and Antonyms|
|Miscellaneous (Input-Output, Puzzles, Sitting Arrangement)|
|Quantitative Aptitude||Quadratic Equation|
|Time and Distance Time and Work|
|Profit and Loss Simple Interest and Compound|
|Mixture and Allegations Interest|