RBI Grade B 2024 Notification PDF

RBI Grade B Mains Exam Date 2024 has been announced on the official website @rbi.org.in for the candidates who qualified prelims examination. RBI Grade B 2024 Phase 2 exam for General post is scheduled on 19th October 2024. Check complete schedule and get the mains call letter link here. Posted byTrilok Singh Published On October 23rd, 2024 The Reserve Bank of India (RBI) has released the RBI Grade A Mains Exam Date 2024 on the official website. The candidates who qualified for the phase 1 examination will appear to appear in the RBI Grade B Mains Exam 2024 scheduled on 19th October 2024 in two shifts. The mains exam is an online computer-based exam and the RBI Grade B Admit Card 2024 for the same has been released on 11th October 2024. Check complete details about the RBI Grade B 2024 Exam, Phase 2 Schedule, Mains Call Letter, and other details here in this article. RBI Grade B Mains Exam Date 2024 OutRBI Grade B 2024 Notification PDFRBI Grade B 2024 Exam OverviewRBI Grade B 2024 PostRBI Grade B Vacancy 2024RBI Grade B 2024 Important DatesRBI Grade B 2024 Application FormSteps Apply for RBI Grade B Recruitment 2024RBI Grade B 2024 Application FeeRBI Grade B 2024 Eligibility CriteriaRBI Grade B 2024 Age LimitRBI Grade B 2024 Educational QualificationRBI Grade B 2024 NationalityRBI Grade B Number of AttemptsRBI Grade B 2024 Selection ProcessRBI Grade B 2024 Exam PatternRBI Grade B 2024 InterviewRBI Grade B 2024 SyllabusFor Phase 1 Exam:For Phase II Exam:RBI Grade B Previous Year Question PaperRBI Grade B 2024 SalaryJob Profile of an RBI Grade ‘B’ Officer?How to Prepare for RBI Grade B 2024 Exam?RBI Grade B Previous Year Cut-Off RBI Grade B Mains Exam Date 2024 Out The selection process for the RBI Grade B Recruitment 2024 & RBI Grade B Syllabus PDF 2024consists of three stages: prelims, mains, and an interview. Earlier, the Reserve Bank of India concluded the prelims examination and those who qualified will now appear in the mains examination. The RBI Grade B Mains Exam Date 2024 has been released and the candidates can now check the complete examination schedule. RBI Grade B 2024 Notification PDF The RBI Grade B Notification 2024 PDF has been released on the official website of RBI. Interested and eligible candidates in the post of RBI Grade ‘B’ DR- General can download the RBI Grade Notification PDF from the direct link shared below. RBI Grade B Notification 2024 PDF Link (Active) RBI Grade B 2024 Exam Overview Working at the RBI is highly empowering. To offer this opportunity, the RBI conducts the annual Grade ‘B’ Exam. The RBI Grade B Examination comprises three stages: Phase I, Phase II, and the Interview, all conducted online. The merit list is based on marks obtained in Phase II and the Interview. Get details of the highlights of the RBI Grade B Notification 2024 from the table given below. RBI Grade B 2024 Notification HighlightsOrganizationReserve Bank of IndiaPost NameRBI Grade ‘B’ DR- General/DEPR/DSIMVacancy94Exam LevelNationalNotificationReleasedJob LocationRBI Offices across IndiaSelection ProcessPhase I, Phase II, InterviewSalaryRs. 1,16,914/-Age Limit21-30 yearsRBI Grade B Exam Date 2024 for Phase 219th October 2024 (DR General)26th October 2024 (DEPR, DSIM)RBI Grade B Exam Date 2024 for Phase 18th September 2024 (DR General)14th September 2024 (DEPR, DSIM)Exam FrequencyOnce a YearTotal number of Attempts6 for UR and Nil for Reserved categoriesRBI Official websitewww.rbi.org.in OR www.opportunities.rbi.org.inRBI Grade B Mains Exam Date 2024 RBI Grade B 2024 Post The RBI Grade B Exam is mainly conducted for 3 posts as listed below. The RBI Grade B posts are annually announced by the conducting authority for the recruitment. RBI Grade B DR- General RBI Grade B DR- Department of Economic and Policy Research RBI Grade B DR- Department of Statistics and Information Management For a General post, anybody can apply but for a DEPR/DSIM Post, candidates need to have specific qualifications like a master’s Degree in Economics, Statistics, Mathematics, MBA, etc. Don’t worry we have shared the post-wise qualification in detail 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 RBI Grade B Vacancy 2024 details have been announced along with the official notification PDF. This year, a total of 94 vacancies of RBI Grade B will be filled, which is lower than expected, because the previous year’s vacancy was 291. The RBI Grade B post-wise vacancy details are mentioned in the table given below. RBI Grade B Vacancy 2024Post/CategoryGrade B (DR) GeneralGrade B (DR) DEPRGrade B (DR) DSIMUnreserved2782SC1011ST464OBC195–EWS61–Total66217Total Vacancy94RBI Grade B Mains Exam Date 2024 RBI Grade B 2024 Important Dates Candidates can check here all the important dates related to the RBI Grade B exam. The dates related to the application and fee payment were released along with the notification PDF, and the RBI Grade B Exam Date 2024 for the Mains examination has recently been released by the recruitment authority. RBI Grade B 2024 Important DatesEventsDatesShort Notice19th July 2024RBI Grade B Notification 202425th July 2024Apply Online Starts25th July 2024Last Date to Apply and Pay the application fee16th August 2024RBI Grade B Phase 1 Exam for (DR)- General8th September 2024RBI Grade B Admit Card 2024 (DR) General29th August 2024RBI Grade B Phase 1 Exam for (DR)-DEPR & DSIM14th September 2024RBI Grade B Phase 2 Exam for (DR)-General19th October 2024RBI Grade B Phase 2 Exam for (DR)-DEPR & DSIM26th October 2024RBI Grade B InterviewDecember 2024RBI Grade B Mains Exam Date 2024 RBI Grade B 2024 Application Form The RBI Grade B Notification 2024 PDF has been published on the official web portal. The Online registration for RBI Grade B has been concluded on 16th August 2024. The candidates who applied for the post can only appear in the examination and download their admit cards. Steps Apply for RBI Grade B Recruitment 2024 To appear for the RBI Grade B 2024 Examination, Candidates need to fill out the application form online as no other modes of application will be accepted. You are required to fill out the application form with utmost care and mindfulness because any mistake can lead to disqualification. The Application process for RBI Grade progressed in the following stages: 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. You will have to provide essential details like phone number, email ID, parents’ details, number of attempts, CIBIL Score, Category (if any), academic qualification, experience (not mandatory), selection of exam center, etc. Also, the last stage is to pay the application fee which is mentioned below. 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 FeesCategoryApplication FeeSC/ST/PWDRs. 100 plus GSTGen/OBC/EWSRs. 850 plus GSTStaff of RBINil RBI Grade B 2024 Eligibility Criteria Here, comes the most important part before the online application process which decides whether you can appear for the exam or not. You need to fulfill the RBI Grade B Eligibility Criteria 2024 to be able to apply online for the RBI Grade B Exam. RBI Grade B 2024 Age Limit To apply for the RBI Grade B officer exam, you must be at least 21 years old as of January 1, 2024 (expected). The maximum age limit is 30 years, meaning you should not have reached 30 years of age as of the date specified in the official notification PDF. 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 QualificationOfficers 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 percent 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 fulfill 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 permanentlysettling in India, or(v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries ofKenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia, and Vietnam to permanently settle in India. RBI Grade B Number of Attempts The RBI Grade B Number of Attempts has been mentioned in the table given below. The established limits on the number of attempts for the RBI Grade B exam have been set by the Reserve Bank of India. General category candidates are allowed to attempt the exam up to 6 times, as detailed in the notification PDF. However, candidates from SC/ST/PwD categories have no restrictions on the number of attempts. RBI Grade B Number of AttemptsCategoryNumber of AttemptsGeneral6 AttemptsSC/ST/PwDNo Limits RBI Grade B 2024 Selection Process Right within one month of completion of the online application process, RBI will begin with the selection process stages and those who applied will have to appear for these stages. The RBI Grade B Selection Process consists of three stages – 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. 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. 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 that contain the details of the Phase 1 and 2 Exam Patterns. 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. RBI Grade B Exam Pattern 2024SubjectsQuestionsMarksDurationGeneral 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. 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. PaperFormatDurationMarksPaper-I (Economic & Social Issues)Objective30 Minutes50Descriptive90 Minutes50Paper-II English (Writing Skills) 3 QuestionsDescriptive90 Minutes100Paper III (Finance and Management)Objective30 Minutes50Descriptive90 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 2024Important PointsDetailsShortlisting 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 After learning about the exam pattern, the next step is to go deeper and break the syllabus into small parts to start with your preparation. So, the RBI Grade B Syllabus is crucial to clear the exam stages. The syllabus for the RBI Grade B examination is comprehensive and covers a wide range of topics relevant to the banking, economic, and financial sectors. Most of the subjects included in the syllabus are: For Phase 1 Exam: The RBI Grade B Phase 1 Exam consists of the following subjects. The General Awareness section includes related to the Banking & Financial sector, Current Affairs of national and international importance, Acquisition & Mergers, etc. 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. General Awareness Quantitative Aptitude English Language 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: Economic and Social Issues: Growth & Development, Indian Economy, Globalization, Social Structure) Finance and Management: Financial System, Financial Markets, Management, Ethics at workplace, Accounts) English Descriptive (which involves essay, precis writing) RBI Grade B Previous Year Question Paper 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. RBI Grade B 2024 Salary From the viewpoint of banking aspirants, the most attractive point about the RBI Grade B Officer post is the RBI Grade B salary that it offers to newcomers. 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. The gross monthly salary of a newly recruited Grade B Manager is Rs. 1,16,914 (approx.). If housing is not supplied by the bank, the House Rent Allowance, which is 15% of Basic Pay, will be paid. Up to 150 liters of fuel may be claimed each month if the employees own a car and use it to commute to the office. Those who 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 probationary period and their performance will be assessed. Here, are some of the duties that the grade b manager is required to perform. They have to assist the central bank in managing the designated departments, collecting data, and analyzing. Selected candidates are liable to be posted and transferred anywhere in India. They are responsible for managing the country’s currency supply, including issuing currency notes and coins, monitoring circulation, and combating counterfeiting activities. 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? Now, that you know everything about the RBI Grade B Exam, your last question will be “How to prepare for such a highly coveted exam?” Well, we can help you there as well. At Adda247, we provide comprehension preparation tips and tools to prepare for the exam. Along with that, you will get valuable guidance from our experienced mentors. You can join our mock test series or download the RBI Grade PYPs through the link shared above. So, if you have made up your mind to become an RBI Grade B Officer, then you must follow the steps given below. Only a 1.5-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: 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. 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. Focus on Current Affairs, Government Schemes, RBI Reports and Indices, and other topics important from the exam point of view. Also, keep practicing questions for Quantitative Aptitude, Reasoning, English, and Current Affairs. Join an RBI Grade B Mock Test series to assess your preparation on a real-time basis. 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 1Section2023