The RBI Grade B Exam 2024 Notification will be released in newspapers 18th July 2024 onwards. Interested candidates can check here RBI Grade B Eligibility, Selection process, Syllabus, Salary, Job Profile.
The most recent Grade B job opening will shortly be announced by RBI through a comprehensive official notification PDF that is made available on the official website, @rbi.org.in. Newspapers will carry the RBI Grade B 2024 advertisement starting on July 18, 2024. The cutoff starts as soon as the notification is sent, and the entire process will be finished in six months.
Thus, we’d suggest that you begin your serious medications now rather than staying for the formal announcement to be released. We will keep you informed here as soon as the notification is made available. Keep this page bookmarked to receive updates.
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RBI Grade B Exam 2024 Notification
On July 18, 2024, the RBI Grade B 2024 announcement is expected to be posted on the official website. The final week of August 2024 or the first week of September/October 2024 will see the administration of the phase 1 exam.
Prelims, mains, and interviews are the three phases of the recruiting selection process. The candidates must have earned at least a 60% grade point average in any discipline during their graduation. Following their hiring, candidates must complete a two-year probationary period and a 15-week training program.
RBI Grade B 2024 Latest Updates
Officially, the hiring process has begun for Grade B DR (General/DEPR/DSIM) – PY 2024. It is important for potential applicants to be aware that the tender will open on Tuesday, June 25, 2024, at 5:30 PM. Bids can be entered starting at this point, and the deadline for submissions is Monday, July 15, 2024, at 3:30 PM. After that, on the same day, at 4:00 PM, the bids will be launched.
In addition, Thursday, July 18, 2024 is the tentative date for the start of the advertisement’s newspaper release. Eligible individuals have a great chance to apply for the Grade B DR posts in the General, DEPR, and DSIM categories during this recruitment campaign. Keep yourself informed about the most recent developments to make sure you do not miss any important dates during this hiring procedure.
RBI Grade B Exam 2024
In and of itself, working with RBI is really powerful. Therefore, RBI holds the yearly RBI Grade “B” Exam for General/DEPR/DSIM postings in order to provide this chance. There are three phases in the RBI Grade B Exam: Interview, Phase I, and Phase II The entire exam is computer-based. The marks received in Phase II and the interview will be used to create the merit list. Examine the main points of the RBI Grade B exam.
| RBI Grade B 2024 Notification Highlights | |
| Organization | Reserve Bank of India |
| Post Name | RBI Grade ‘B’ DR- General/DEPR/DSIM |
| Exam Level | National |
| Job Location | RBI Offices across India |
| Selection Process | Phase I, Phase II, Interview |
| Salary | Rs. Rs. 1,16,914/- |
| Age Limit | 21-30 years |
| Exam Frequency | Once a Year |
| Total number of Attempts | 6 for UR and Nil for Reserved categories |
| RBI Official website | www.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.
- General RBI Grade B DR
- Department of Economic and Policy Research (RBI Grade B DR)
- Department of Statistics and Information Management, RBI Grade B DR
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 assist in the creation of policy recommendations and strategic initiatives by conducting research and analysis on a range of economic and financial concerns.
RBI Grade B 2024 Vacancy Details
Along with the official announcement, there will be notification of the RBI Grade B Vacancy 2024. The RBI posts more than 250 positions each year, as the data below illustrates. We anticipate more openings than this this year as well. Furthermore take note of the fact that the opening is split up by post and category in accordance with reservation policy. Following the announcement, the job details will be posted on this page.
| RBI Grade B Vacancy Past Year Trends | |
| Year | Vacancy |
| 2023 | 291 |
| 2022 | 294 |
| 2021 | 322 |
RBI Grade B 2024 Exam Dates
Applicants can view all of the crucial dates for the RBI Grade B exam here. We will update this page with the new information upon the official notification’s release.
| RBI Grade B 2024 Important Dates | |
| Events | Dates |
| Notification | 18th July 2024 onwards |
| Apply Online Starts | To be Released |
| Last Date to Apply and Pay the application fee | — |
| RBI Grade B Exam Date Phase 1 | Within a Month of completing of online applications |
| RBI Grade B Exam Date Phase 2 | To be released |
Steps Apply for RBI Grade B Recruitment 2024
campaigners must complete the online operation form in order to sit in the RBI Grade B 2024 Examination; operations submitted through any other system won’t be accepted. You must complete the application form as carefully and mindfully as possible, as any errors may result in disqualification.
The following steps were included in the RBI Grade application process:
Registration
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Application form Fill Out (Uploading of photo & signature and details fill up)
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Upload of Left Hand Thumb Impression and Handwritten declaration
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Application Fee Payment
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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 Application fee
You can pay the RBI Grade B Application Fee online using a debit or credit card, or through any other payment mechanism that the RBI specifies. There is no reimbursement for this application cost.
| Category | Application Fee |
| SC/ST/PWD | Rs. 100 plus GST |
| Gen/OBC/EWS | Rs. 850 plus GST |
| Staff of RBI | Nil |
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 submit an online application for the RBI Grade B Exam, you must meet the specified conditions.
Age Restrictions: The minimum age is twenty-one, and the highest is thirty. Government-mandated age relaxation will also be provided. Additionally, the RBI has stated how many attempts are required for each category.
General Candidates: 6
PWD, OBC, SC, and ST Applicants: No limit on the quantity of tries.
Education Requirement: Post-graduate in any subject with a minimum of 55% marks, or degree in any discipline with a minimum of 60% marks for general candidates.
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:
Phase I: It consists of objective-style questions on general awareness, reasoning, quantitative aptitude, and English language proficiency. There are 200 total marks available, and the test will be administered online. The multiple-choice questions (MCQs) will be offered in both Hindi and English. Candidates should be aware that this is only a qualifying requirement and will not be included in the final merit list.
Phase II: Candidates who pass the first round will take the Phase II Exam. It is broken up into three papers: finance and management; English writing skills; and economic and social concerns. For General, DEPR, and DSIM jobs, there are differences in the Phase 2 syllabus and exam format.
Interview: Those who successfully complete Phase II are then invited to the Interview stage. Candidates can improve their exam performance and make better preparations if they have a solid understanding of the RBI Grade B selection procedure.
RBI Grade B 2024 Exam Pattern
We have covered the RBI Grade B Exam Pattern in this section. Examine the tables and bullet points that provide information on the Phase 1 and Phase 2 Exam Patterns.
- There will be 200 marks in the RBI Grade B Prelims exam, which will take 120 minutes to complete.
- The admittance letter will provide information about the precise sectional duration.
- There are going to be four primary parts.
| Subjects | Questions | Marks | Duration |
|---|---|---|---|
| General Awareness, Quantitative Aptitude, English Language, and Reasoning | 200 | 200 | 2 hours (120 minutes) |
The campaigners who qualify for the Prelims will be eligible to appear for the mains test or Phase 2.
- There are three separate papers in the main exam.
- For RBI Grade B Officers in Gr B( DR)- General, campaigners 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 worth 100 marks.
- The English paper is a descriptive test.
| Paper | Format | Duration | Marks |
| Paper-IEconomic & Social Issues | Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 | |
| Paper-IIEnglish (Writing Skills)3 Questions | Descriptive | 90 Minutes | 100 |
| Paper-IIIFinance and Management | Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 |
RBI Grade B Officer Interview
Based on their combined scores from Paper I, Paper II, and Paper III of the Phase II exam, candidates will be selected for interviews. 75 points will be awarded for the interview procedure.
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. Therefore, passing the exam stages depends on knowing the RBI Grade B Syllabus.
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 want to work in banking, you should be aware that the questions in the Mains Exam level of bank exams are related to Quantitative Aptitude, Reasoning, and
1.English Language.
2.General Awareness
3.Quantitative Aptitude
4.English Language
5.Reasoning
For Phase II Exam:
The exam pattern indicates that Phase 2 is comprised of three papers. The following topics are covered in the exam:
The exam pattern indicates that Phase 2 is comprised of three papers. The following topics are covered in the exam:
Issues related to the economy and society: globalization, growth and development, the Indian economy, social structure; finance and management: financial markets, the financial system, management, workplace ethics, accounting
English descriptive writing, which includes writing essays and precis
RBI Grade B Previous Year Question Paper
The RBI Grade B Previous Year Papers are a vital 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.
Candidates can learn about their strengths and weaknesses and enhance their time management abilities by practicing last year’s papers. By using our extensive library of RBI Grade B Previous Year Papers, applicants can improve their test readiness and raise their chances of passing. In order to ace the RBI Grade B exam, start your practice now!
RBI Grade B 2024 Salary
The RBI Grade B compensation offered to new hires is, in the eyes of banking hopefuls, the most alluring feature of the RBI Grade B Officer position. A payment of 12 – 14 lac would be awarded to the campaigners who pass the RBI Grade B 2024 test and are chosen for the position of Officer.
For the RBI Grade B Officer, the exact pay scale is Rs 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. After nine times of service, campaigners would admit an fresh 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.
The House Rent Allowance, which is 15% of Basic Pay, will be paid if accommodation is not provided by the bank.
If an employee drives their own car and uses it for business travel, they are eligible to claim up to 150 liters of fuel per month.
Pension benefits will be available to those who pass the selection process and get hired by the government.
Job Profile of an RBI Grade ‘B’ Officer?
A Grade B Officer’s work description is just as fascinating as their pay. Candidates will serve a two-year probationary period after being appointed as grade B officers, during which time their performance will be evaluated. These are a few of the tasks that the grade B manager must complete.
They must help the central bank with data collection, analysis, and department management.
Candidates who are chosen may be placed and transferred to any location in India.
They are in charge of overseeing the nation’s cash supply, which includes printing coins and notes, keeping an eye on distribution, and putting a stop to counterfeiting.
In addition, they carry out job-related administrative duties like meeting preparation, report preparation, and departmental coordination inside 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 help you in that area as well. . To help you get ready for the test,Result-Guru 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.Examine the RBI Grade B New Syllabus in its entirety as well as the Previous Year Question Papers. It will assist you in gaining a general understanding of the exam’s questions.
- Next, arrange all of the chapters under Finance & Management and Economic and Social Issues. Plan your study so that you can go through each chapter in detail.
3.Pay attention to current events, government initiatives, RBI reports and indicators, and other subjects that are crucial for the test.
4.Continue to practice the Quantitative Aptitude, Reasoning, English, and Current Affairs exam problems.
5.Enroll in a mock test series to get a real-time assessment of your readiness.
6.Remain constant in your preparation and have faith in your ability to pass the test.
RBI Grade B Previous Year Cut Off
The RBI Grade B Previous Year Cut Off Marks for Phases 1 and 2 are available for candidates to review before applying for the Grade B positions. The table below includes the cutoff points for each of the subjects.
RBI Grade B 2024 Exam Centers
The list of exam centers for RBI Grade B 2024 is shown below. On the specified exam centers, the Reserve Bank of India will conduct the online examination for the General, DEPR, and DSIM Posts.
