RBI Grade B Selection Process 2024: Three steps make up the RBI Grade B Selection Process & RBI Grade B Cut Off 2024. First, candidates need to pass the Phase 1 round. The Phase 2 exam, which comprises of both objective and descriptive papers, is for those who make it through. The last step is an interview, during which the candidates’ character, ability to communicate, and general fit for the position are evaluated. The ultimate selection is based on the candidate’s combined performance on the main exam and the interview.
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RBI Grade B Selection Process 2024
Every year, thousands of applicants take the RBI Grade B test, which is administered by the Reserve Bank of India, in an attempt to land a government position. After submitting the application, it is essential to comprehend the RBI Grade B selection procedure. Three phases make up the selection process: interviews, mains (phase 2), and preliminary exams. Read the article below for comprehensive details on the RBI Grade B selection procedure.
RBI Grade B Selection Process
Every year, the RBI Grade B Exam is held to select qualified applicants for the Grade B Manager position. the process of selection via a well-defined examination phase. View the process’s B Grade B highlights here.
| RBI Grade B Selection Process | |
| Organization | Reserve Bank of India |
| Exam Name | RBI Grade B Exam 2024 |
| Post Name | Grade B |
| Selection Process | Phase I, Phase II, Interview |
| RBI Grade B Phase 1 | 200 Marks (MCQ Type) CBT |
| RBI Grade B Phase 2 | ESI (100 Marks), FM(100 Marks), English Descriptive |
| Interview | 75 Marks |
| RBI Official Website | rbi.org.in |
RBI Grade B Selection Process Phases
Once you are acknowledged with the RBI Grade B Selection Process you can start the preparation accordingly. Have a look at the selection process mentioned below.
- Phase-I or Prelims: This is an online objective-type exam with four sections: General Awareness, English Language, Quantitative Aptitude, and Reasoning Ability. Each section carries equal weight, and the total duration is 2 hours.
- Phase II or Mains: It is also an online exam, divided into three papers: Economic and Social Issues, English (Writing Skills), and Finance and Management/Economics/Statistics. The duration for each paper varies, and there is a 50% descriptive section in the both ESI and FM Papers
- Interview: Candidates who qualify in Phase 2 are shortlisted for the interview, which holds a weightage of 75 marks. The final selection is based on the aggregate scores of Phase 2 and the interview.
RBI Grade B Selection Process 2024 Phase 1
- 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 mainly be four sections
| RBI Grade B Phase 1 Selection Process 2024 | |||
| Subject | Questions | Marks | Duration |
|---|---|---|---|
| General Awareness | 200 | 200 | 2 hours (120 minutes) |
| Quantitative Aptitude | |||
| English Language | |||
| Reasoning | |||
| Total | 200 | 200 | 2 hours |
RBI Garde B Selection Process 2024 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 worth 100 marks.
- The English paper is a descriptive test.
| RBI Grade B Phase 2 Selection Process 2024 | |||
| 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 Selection Process 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. The RBI Grade B interview is the final stage of the selection process. Shortlisted candidates through the RBI Grade Phase 2 Exam are called for a personal interview, which assesses their suitability for the role.
- The interview panel evaluates candidates based on their knowledge, communication skills, problem-solving abilities, and overall personality.
- It is crucial for candidates to be well-prepared by understanding the banking sector, current affairs, economic policies, and RBI-related topics.
- The interview process plays a significant role in determining the final selection of candidates for the prestigious RBI Grade B officer position.
How long is the RBI Grade B Selection Process?
Phase 1, Phase 2, and Interview are the three stages of the RBI Grade Selection Process. The entire recruitment cycle, from notification to outcome, lasts six to seven months. Phase 1 is conducted 25–30 days after the formal notification is released, and Phase 2 is conducted within a month and a half after that.
A few months after the Phase 2 exam, the RBI Grade B interview stage is held, and the final result is then made public. The dates for the exams—all save the interview, which is disclosed later—are released by RBI in advance, so candidates who intend to participate in the recruiting cycle should note them down on their calendar.
