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

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

RBI Grade B Exam Date 2024: For the purpose of filling 94 positions, the Reserve Bank of India announced the RBI Grade B Exam Date 2024 on the official website, @rbi.org.in. There are three phases to the exam.For the DR General position, the RBI Grade B Phase 1 exam was held, and the results are anticipated in the final week of September.September 14, 2024, is the date of the RBI Grade B Exam 2024 Phase 1 for the DEPR, DSIM job. Those who applied for the exam and were accepted can now download the RBI Grade B Admit Card 2024. Everything you need to get ready for the RBI Grade B Exam 2024 is included in this guide, including the syllabus, selection procedure, and format of the Grade B exam. Examine this guide and boost your preparation.

RBI Grade B Exam Date 2024 Out

Prelims, Mains, and Interview are the three phases of the RBI Grade B recruitment selection process. The bank’s General, DEPR, and DSIM departments will hire the chosen candidates as Grade B officers. The RBI has scheduled September 14, 2024, for the Grade B Phase I test for DEPR and DSIM, and October 19, 2024, for the Phase 2 exam for the DR General position. After hiring, candidates go through a two-year probationary period and a 15-week training session.

RBI Grade B 2024 Notification PDF

The RBI’s official website now has the Grade B Notification 2024 PDF available. The direct link provided below allows interested and qualified individuals to obtain the RBI Grade Notification PDF for the position of RBI Grade “B” DR-General/DEPR/DSIM. The deadline for applications is August 16, 2024, and the procedure is still open.

RBI Grade B Notification 2024 PDF Link (Active)

RBI Grade B 2024 Exam Overview

The RBI is a very empowering place to work. The RBI holds the annual Grade “B” Exam for General, DEPR, and DSIM postings in order to provide this chance. Phase I, Phase II, and the interview are the three online stages that make up the RBI Grade B Examination. The Phase II and interview marks are used to determine the merit list. See the table below for specifics on the RBI Grade B Notification 2024 highlights.

RBI Grade B 2024 Notification Highlights
OrganizationReserve Bank of India
Post NameRBI Grade ‘B’ DR- General/DEPR/DSIM
Vacancy94
Exam LevelNational
NotificationReleased
Registration Dates25th July 2024 to 16th August 2024
Job LocationRBI Offices across India
Selection ProcessPhase I, Phase II, Interview
SalaryRs. Rs. 1,16,914/-
Age Limit21-30 years
RBI Grade B Exam Date 2024 for Phase 18th September 2024 (DR General)
14th September 2024 (DEPR, DSIM)
RBI Grade B Exam Date 2024 for Phase 219th October 2024 (DR General)
26th October 2024 (DEPR, DSIM)
Exam FrequencyOnce a Year
Total number of Attempts6 for UR and Nil for Reserved categories
RBI Official websitewww.rbi.org.in OR www.opportunities.rbi.org.in

RBI Grade B 2024 Post

The three positions indicated below are the primary targets of the RBI Grade B Exam. The conducting authority for the recruitment announces the RBI Grade B posts every year.

  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

Anyone may apply for a general position, but candidates must meet certain requirements, such as a master’s degree in economics, statistics, mathematics, or business administration, to be considered for a DEPR/DSIM position. Fear not—we have included a detailed description of each post’s requirements 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 official notification PDF has been released along with the information of the RBI Grade B Vacancy 2024. This year, there will be 94 RBI Grade B openings filled, which is fewer than anticipated given that there were 291 vacancies last year. The table below lists the post-by-vacancy details for the RBI Grade B positions.

RBI Grade B Vacancy 2024
Post/CategoryGrade B (DR) GeneralGrade B (DR) DEPRGrade B (DR) DSIM
Unreserved2782
SC1011
ST464
OBC195
EWS61
Total66217
Total Vacancy94

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 Important Dates
EventsDates
Short Notice19th July 2024
RBI Grade B Notification 202425th July 2024
Apply Online Starts25th July 2024
Last Date to Apply and Pay the application fee16th August 2024
RBI Grade B Phase 1 Exam for (DR)- General8th September 2024
RBI Grade B Admit Card 2024 (DR) General29th August 2024
RBI Grade B Phase 1 Exam for (DR)-DEPR & DSIM14th September 2024
RBI Grade B Phase 2 Exam for (DR)-General19th October 2024
RBI Grade B Phase 2 Exam for (DR)-DEPR & DSIM26thh October 2024
RBI Grade B InterviewDecember 2024

RBI Grade B 2024 Application Form

On the official website, the RBI Grade B Notification 2024 PDF is now available. The RBI Grade B online enrollment period ended on August 16, 2024. The RBI Grade B Prelims Admit Card 2024 may now be downloaded from the official website by candidates who have submitted their application.

Steps Apply for RBI Grade B Recruitment 2024

Candidates must complete the online application form in order to sit in the RBI Grade B 2024 Examination; applications submitted through any other method will not be accepted. You must complete the application form as carefully and mindfully as possible, as any errors may result in disqualification.

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

Bank

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.

Your phone number, email address, parents’ information, the number of attempts, your CIBIL score, your category (if any), your academic background, your experience (though it is not required), the exam center you choose, and other pertinent factors will all need to be provided. Additionally, the application fee payment, which is detailed below, is the final step.

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 Application Fees
CategoryApplication Fee
SC/ST/PWDRs. 100 plus GST
Gen/OBC/EWSRs. 850 plus GST
Staff of RBINil

RBI Grade B 2024 Eligibility Criteria

This is the most crucial step before completing the online application procedure because it determines whether or not you are allowed to take the exam. In order to apply online for the RBI Grade B Exam, you must meet the RBI Grade B Eligibility Criteria 2024.

RBI Grade B 2024 Age Limit

As on January 1, 2024, you must be at least 21 years old to apply for the RBI Grade B officer test (anticipated). The maximum age limit is thirty years, which means that as of the date mentioned in the official notification PDF, you should not have turned thirty.

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.

PostRBI Grade B Educational Qualification
Officers in Grade ‘B’ (DR) – (General)Graduation/Post Graduation in any discipline or an equivalent technical or professional qualification.Graduation: Minimum 60% marks (50% for SC/ST/PwBD applicants)Post Graduation: Minimum 55% marks (pass marks for SC/ST/PwBD applicants)
Officers in Grade ‘B’ (DR)–DEPRCandidates must possess a Master’s Degree in Economics (or any other master’s degree where “Economics” is the principal constituent of the curriculum/syllabus, such as MA/MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, and Industrial Economics)ORA Master’s Degree in Finance (or any other master’s degree where “Finance” is the principal constituent of the curriculum/syllabus, including MA/MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance).A minimum of 55 per cent marks or an equivalent grade is required in aggregate.
Officers in Grade ‘B’ (DR)–DSIMCandidates must hold one of the following qualifications with a minimum of 55% marks or equivalent grade in aggregate across all semesters/years:a. Master’s Degree in Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics/Applied Statistics & Informatics.b. Master’s Degree in Mathematics along with a one-year postgraduate diploma in Statistics or related subjects from a reputable institute.c. Master’s Degree in Data Science/Artificial Intelligence/Machine Learning/Big Data Analytics from a recognized University/Institute.d. Four-year Bachelor’s degree in Data Science/AI/ML/Big Data Analytics from a recognized University/Institute.e. Two-year Post Graduate Diploma in Business Analytics (PGDBA) from a recognized University/Institute.

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 data shown below includes the RBI Grade B Number of Attempts. The Reserve Bank of India has decided the maximum number of attempts allowed for the RBI Grade B test. As specified in the announcement PDF, candidates belonging to the general category are permitted to take the exam up to six times. Candidates from the SC, ST, and PwD categories, however, are not limited in the number of attempts they may make.

RBI Grade B Number of Attempts
CategoryNumber of Attempts
General6 Attempts
SC/ST/PwDNo Limits

RBI Grade B 2024 Selection Process

RBI will start the selection process phases within a month of the online application process ending, and individuals who applied must show up for these stages. There are three steps in the RBI Grade B Selection Process:

  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.
RBI Grade B Exam Pattern 2024
SubjectsQuestionsMarksDuration
General Awareness, Quantitative Aptitude, English Language, and Reasoning2002002 hours (120 minutes)

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.
PaperFormatDurationMarks
Paper-I (Economic & Social Issues)Objective30 Minutes50
Descriptive90 Minutes50
Paper-II English (Writing Skills) 3 QuestionsDescriptive90 Minutes100
Paper III (Finance and Management)Objective30 Minutes50
Descriptive90 Minutes50

RBI Grade B 2024 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 Interview 2024
Important PointsDetails
Shortlisting CriteriaCandidates will be shortlisted for the interview based on the aggregate of marks obtained in Phase 2 (Paper 1 + Paper 2 + Paper 3).
Interview MarksThe interview will comprise 75 marks.
Psychometric TestCandidates must undergo a Psychometric Test conducted by the Bank before the Interview. No marks will be allotted for this test, and it will not form part of the final selection criteria.
Interview LanguageCandidates may opt for an interview either in Hindi or English.

RBI Grade B 2024 Syllabus

The next step after understanding the format of the exam is to delve deeper and divide the material into manageable chunks so that you can begin preparing. The RBI Grade B Syllabus is therefore essential to passing the exam stages.

The RBI Grade B test syllabus is extensive and covers a wide range of subjects related to the financial, banking, and economic sectors. The majority of the topics covered in the syllabus are:

For Phase 1 Exam:

The subjects included in the RBI Grade B Phase 1 Exam are as follows. The General Awareness area covers topics such as acquisitions and mergers, current events of national and worldwide significance, and the banking and financial industry.

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

The RBI Grade B Previous Year Papers are a crucial tool for candidates getting ready for the esteemed RBI Grade B examination. These practice tests assist candidates become familiar with the format of the exam and offer insight into the pattern of questions.

Through the practice of past year’s papers, candidates can pinpoint areas of strength and weakness and enhance their ability to manage their time effectively. Candidates can improve their preparation and raise their chances of passing the test by using our extensive collection of RBI Grade B Previous Year Papers. To ace the RBI Grade B exam, start preparing today.

RBI Grade B 2024 Salary

From the perspective of prospective bank employees, the RBI Grade B compensation offered to new hires is the most alluring feature of the RBI Grade B Officer position. A salary of 12–14 Lac would be awarded to the candidates who pass the RBI Grade B 2024 Exam and are chosen for the position of Officer.

RBI Grade B Officer’s exact pay scale is Rs 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750.After nine years of service, candidates would receive an additional Rs. 2850 in pay on top of their base pay of Rs. 55,200.A freshly hired Grade B Manager receives an approximate gross monthly compensation of Rs. 1,16,914.

  • 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?

Your final query, now that you are fully informed about the RBI Grade B Exam, is probably, “How can I study for an exam that is so highly sought after?” Yes, we can assist you in that area as well. To help you get ready for the test, Resultguru offers resources and preparation advice for comprehension. In addition, you will receive insightful advice from our knowledgeable mentors. Using the URL provided above, you can download the RBI Grade PYPs or participate in our practice exam series.

Therefore, you must take the actions listed below if you have decided to become an RBI Grade B Officer.The Phase I exam and the online application date are often only 1.5 months apart. The following are some of the most crucial things that the applicant should remember in order to get ready for the test:

  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.

RBI Grade B Cut Off Marks for Phase 1
Section202320222021
General Awareness121216
Reasoning9912
English Language4.54.56
Quantitative Aptitude4.54.56
Phase 1 Cut-Off Marks54.2563.7566.75
RBI Grade B Cut Off Marks for Phase 2
Section202320222021
Aggregate Cut–Off Marks169171.25187.75
Aggregate Marks in Written Examination229234.5252.25

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 2024 Exam Centers
State/UTCentre
Andaman & NicobarPort Blair
Andhra PradeshGuntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam
Arunachal PradeshNaharlagun city
AssamDibrugarh, Guwahati, Jorhat, Silchar, Tezpur
BiharArrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna
ChandigarhChandigarh- Mohali
ChhattisgarhRaipur, Bhilai, Bilaspur (CG)
Daman & DiuRajkot
DelhiDelhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram
GoaPanaji
GujaratAhmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara
HaryanaAmbala, Hissar, Kurukshetra.
Himachal PradeshHamirpur, Solan, Shimla
Jammu & KashmirJammu
JharkhandBokaro, Dhanbad, Hazaribaug, Jamshedpur, Ranchi
KarnatakaBengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi
KeralaKannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam,
LadakhLeh
Madhya PradeshBhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain
MaharashtraAmravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune
ManipurImphal
MeghalayaShillong
MizoramAizawl
NagalandKohima
New DelhiDelhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram
OrissaBalasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Rourkela, Sambalpur
PuducherryPuducherry
PunjabAmritsar, Bhatinda, Jalandhar, Ludhiana,
RajasthanAjmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur
SikkimGangtok-Bardang City
TamilnaduChennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli,
TelanganaHyderabad- Rangareddy, Karimnagar, Warangal
TripuraAgartala
Uttar PradeshAgra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi
UttarakhandDehradun, Haldwani, Roorkee City
West BengalAsansol, Kolkata, Greater Kolkata, Kalyani, Siliguri

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 Preparation Books 2024
SubjectsPreparation Books
EnglishWord Power Made Simple by Norman LewisObjective General English by S P BakshiHigh School Grammar and Composition by Wren and Martin
Quantitative AptitudeMagical Book on Quicker Maths by M TyraHow to Prepare for Quantitative Aptitude for CAT written by Arun SharmaQuantitative Aptitude for Competitive Examinations written by R S Agarwal
Logical ReasoningVerbal and Non-Verbal Reasoning by R S AggarwalAnalytical Reasoning by M K Pandey

RBI Grade B Answer Key 2024

Following the exam, applicants will be able to evaluate the correct answers and estimate their marks with the release of the RBI Grade B Answer Key 2024. Candidates can evaluate their performance prior to the official results being announced by comparing their answers to the official solutions, which promotes transparency. In the event that disparities are discovered, the answer key provides an additional avenue for objections. It is a crucial tool for comprehending exam accuracy and preparing for the subsequent stage.

RBI Grade B Result Expected Date

It is anticipated that the Reserve Bank of India’s official website will release the RBI Grade B Result 2024. The phase 1 exam is slated to take place in 2024 from September 8 to September 14. The results will be made public when the exam is over. The RBI Grade B Phase 1 Result 2024 is anticipated to be released at a later date.

Benefits of Working as a RBI Grade B Officer

Many advantages come with becoming an RBI Grade B officer, one of which is a distinguished and secure career in India’s central bank. In addition to an attractive income, officers also get a variety of benefits such house rent, dearness, and transportation allowances. They also benefit from pension plans, leave travel discounts, and health insurance. Opportunities for advancement and career progress are offered by the employment.

Officers’ exposure to various financial sectors and policymaking also helps to advance their professional development. It is a very fulfilling career due to the work-life balance, employment security, and opportunities to support the nation’s financial stability.

RBI Grade B Mock Test

The significance of the RBI Grade B Mock Test must be understood by applicants who plan to sit for the RBI Grade B 2024 exam. In order to adequately prepare for the test, candidates will require a variety of tools to assess their skills.Before the exam, you can assess your own exam preparation and performance with the RBI Grade B Mock Test from Resultguru.

RBI Grade B Online Coaching

Candidates can also receive appropriate assistance from Resultguru RBI Grade B Online Coaching to help them prepare for the exam. Candidates will be able to plan ahead for the upcoming exam with specially designed courses from the knowledgeable faculty. Gain access to a variety of study materials, practice tests, mock exams, and video lectures.

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