RBI Officers : Grade B Recruitment, Apply, Admit Card, Fees 2023

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The Reserve Bank of India (RBI) conducts the Officers Grade B Recruitment exam to select officers for various posts such as General, DEPR, and DSIM in its various departments. The exam is highly competitive, and candidates need to prepare thoroughly to crack the exam. The recruitment process for RBI Officers Grade B involves three phases, which are Preliminary Examination, Main Examination, and Interview.

The preliminary exam is an online objective type test consisting of four sections – General Awareness, English Language, Quantitative Aptitude, and Reasoning. Candidates who qualify for the Phase 1 exam are eligible to appear for the Phase 2 exam, which is also an online objective type test but consists of three papers: Economic and Social Issues, English (Writing Skills), and Finance and Management. Candidates who qualify for both Phase 1 and Phase 2 exams are called for an interview.

The eligibility criteria for the RBI Officers Grade B recruitment are as follows: the candidate should be between 21 to 30 years of age as of 1st of May of the year of application, and should have a Bachelor’s degree with a minimum of 60% marks or an equivalent grade in aggregate of all semesters/years (55% for SC/ST/PwBD). There is no work experience requirement for the Grade B General post, but for the DEPR and DSIM posts, the candidate should have a Master’s Degree in Economics/ Econometrics/ Quantitative Economics/ Mathematical Economics/ Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years.

Candidates can refer to the official notification released by the RBI for detailed information regarding the exam pattern, syllabus, eligibility criteria, and application process. It is recommended that candidates prepare thoroughly for the exam by referring to the official notification, previous years’ question papers, and practicing mock tests. With dedication and hard work, candidates can crack the RBI Officers Grade B Recruitment exam and secure a position as an officer in one of the most prestigious organizations in India.

RBI Recruitment Highlights 2023

Aspect
Details
Name of the RecruitmentRBI Recruitment
Conducted byReserve Bank of India (RBI)
Posts OfferedOfficers Grade B
Eligibility CriteriaAge between 21 to 30 years and a Bachelor’s degree with a minimum of 60% marks (55% for SC/ST/PwBD)
Selection ProcessPhase 1: Preliminary Examination, Phase 2: Main Examination, and Interview
Application ProcessOnline, through the official website
Exam PatternPhase 1: Online objective test with four sections – General Awareness, English Language, Quantitative Aptitude, and Reasoning. Phase 2: Online objective test with three papers – Economic and Social Issues, English (Writing Skills), and Finance and Management.
Admit CardReleased separately for each stage of the selection process, downloadable from the official website
ResultsReleased separately for each stage of the selection process, available on the official website
TrainingConducted by the RBI for a specific period after the final selection

RBI Recruitment Reviews

  • Selection Process: The selection process for RBI Officers Grade B is a three-stage process, which includes Preliminary Examination, Main Examination, and Interview. Candidates need to qualify for each stage to move to the next level. The exam pattern is designed to test the candidate’s aptitude, reasoning ability, and financial knowledge.
  • Difficulty Level: The difficulty level of the RBI Officers Grade B exam is considered to be high. The questions asked in the exam are analytical, and candidates need to have a good understanding of the economic and financial environment.
  • Competition: The competition for RBI Officers Grade B is intense, and lakhs of candidates apply for a limited number of vacancies. Candidates need to prepare thoroughly and stay updated with current affairs and economic developments to crack the exam.
  • Job Profile: The job profile of an RBI Officer Grade B is challenging and demanding. Officers are responsible for maintaining financial stability and ensuring the smooth functioning of the banking system.
  • Salary and Perks: The salary and perks offered by the RBI to Officers Grade B are lucrative. The starting salary is around Rs. 67,000 per month, and officers are entitled to various benefits such as accommodation, medical, and travel allowances.

RBI Recruitment Dates 2023- For Post Grade B

Event
Dates
Application Begin09/05/2023
Last Date for Apply Online09/06/2023
Pay Exam Fee Last Date09/06/2023
Officers in Gr B (DR)- General Exam DatePhase I: 09/07/2023, Phase II: 30/07/2023
Officers Gr B (DR)- DEPR Exam DatePhase I: 16/07/2023, Phase II: 02/09/2023
Officers Gr B (DR)- DSIM Exam DatePhase I: 16/07/2023, Phase II: 19/08/2023
Admit Card AvailableBefore Exam

RBI Recruitment Fees 2023

Category
Application Fee
General/OBC/EWSRs. 850/-
SC/ST/PHRs. 100/-

RBI Recruitment 2023 - Eligibility Criteria:

Post
Age Limit
Educational Qualification
Grade B21-30 years (as on 01-05-2023)Graduation with 60% marks or equivalent in aggregate of all semesters/years.
Grade A21-32 years (as on 01-05-2023)Master’s degree with 55% marks or equivalent in aggregate of all semesters/years.
DEPR20-30 years (as on 01-05-2023)Bachelor’s degree in Engineering with 60% marks or equivalent in aggregate of all semesters/years.
DSIM21-30 years (as on 01-05-2023)Bachelor’s degree in any discipline with 60% marks or equivalent in aggregate of all semesters/years.

RBI Recruitment Cutoff 2021- Grade B

Category
Officers in Grade B (DR) – General
Officers in Grade B (DR) – DEPR
Officers in Grade B (DR) – DSIM
Phase I 122.75 (General) 184.50 (General) 176.25 (General)
113.75 (OBC) 157.25 (OBC) 154.00 (OBC)
106.00 (SC) 137.00 (SC) 130.25 (SC)
106.00 (ST) NA 118.50 (ST)
106.00 (PwBD) NA 130.25 (PwBD)
Phase II (Aggregate) 242.75 (General) 241.50 (General) 218.75 (General)
208.25 (OBC) 210.25 (OBC) 192.50 (OBC)
193.25 (SC) NA 179.25 (SC)
182.00 (ST) NA 177.25 (ST)
193.25 (PwBD) NA 179.25 (PwBD)

RBI Recruitment Admit Card 2023

  • Visit the official website of RBI (www.rbi.org.in).
  • Click on the “Opportunities @RBI” tab on the home page.
  • Click on the “Current Vacancies” link.
  • Select the RBI Recruitment for Officers Grade B exam.
  • Click on the link to download the Admit Card.
  • Enter your Registration Number/Roll Number and Password/Date of Birth to log in.
  • The Admit Card will be displayed on the screen.
  • Download and take a printout of the Admit Card for future reference.

RBI Recruitment Application Form:

Here are the steps to fill out the RBI Recruitment Application Form:

  • Visit the official website of RBI (www.rbi.org.in).
  • Click on the “Opportunities @RBI” tab on the home page.
  • Click on the “Current Vacancies” link.
  • Select the RBI Recruitment for Officers Grade B exam.
  • Click on the “Apply Online” link.
  • Register yourself by providing basic details such as Name, Email ID, Mobile Number, etc.
  • You will receive a Registration Number and Password on your registered Email ID and Mobile Number.
  • Use the Registration Number and Password to log in.
  • Fill in the Application Form with personal, educational, and other details as required.
  • Upload scanned copies of your photograph and signature as per the specified dimensions.
  • Pay the application fee online using Debit Card, Credit Card, Net Banking, or through E-Challan.
  • Review the application form carefully and submit it.
  • Take a printout of the application form and fee receipt for future reference.

RBI RECRUITMENT -GRADE B SYLLABUS

The RBI Recruitment Grade B exam is a competitive exam that requires thorough preparation. Here is the syllabus for the RBI Recruitment Grade B exam:
  • General Awareness: Current Affairs, Indian Economy, International Economy, Banking, and Finance
  • English Language: Vocabulary, Reading Comprehension, Grammar, Error Spotting, and Fill in the Blanks
  • Quantitative Aptitude: Simplification, Quadratic Equations, Number Series, Data Interpretation, and Arithmetic Topics (Ratio & Proportion, Average, Time & Work, Speed & Distance, etc.)
  • Reasoning Ability: Verbal Reasoning (Coding-Decoding, Blood Relations, Directions, and Arrangements), Syllogism, Inequality, Data Sufficiency, and Seating Arrangement
  • Paper-I (Economic and Social Issues): Growth and Development, Economic Reforms, Globalization, Social Structure in India, Demographic Trends, Poverty, Human Development, and Corporate Governance.
  • Paper-II (English Writing Skills):Essay Writing, Precis Writing, and Comprehension.
  • Paper-III (Finance and Management): Financial System, Financial Markets, Risk Management, Basics of Derivatives, Development in Financial Sector, Union Budget, Corporate Governance, Human Resource Management, Communication, Ethics, and Leadership.

RBI Recruitment Post Details

  • Officers in Grade B (DR) – General: This post is for candidates who are interested in working as general managers in the RBI. They will be responsible for managing the overall operations of the RBI and implementing various policies related to monetary policy, regulation, and supervision.
  • Officers in Grade B (DR) – DEPR: This post is for candidates who are interested in working in the Department of Economic and Policy Research (DEPR) of RBI. They will be responsible for conducting research on economic and policy issues, analyzing data, and preparing reports.
  • Officers in Grade B (DR) – DSIM: This post is for candidates who are interested in working in the Department of Statistics and Information Management (DSIM) of RBI. They will be responsible for collecting and analyzing statistical data related to the Indian economy, maintaining databases, and preparing reports.

RBI Recruitment 2023 Vacancy Process​

The RBI Recruitment 2023 process for vacancies in Grade B officers will be conducted in three phases, namely:

  • Phase I (Preliminary Exam): In this phase, candidates will be assessed on their knowledge of General Awareness, English Language, Quantitative Aptitude, and Reasoning Ability. The duration of the exam is 2 hours, and it carries a total of 200 marks.
  • Phase II (Mains Exam): This phase consists of three papers- Economic and Social Issues, English (Writing Skills), and Finance and Management. Each paper has a duration of 1.5 hours, and they carry a total of 300 marks.
  • Interview: Candidates who have qualified for the Mains Exam will be called for an interview. The interview carries a total of 50 marks.

Based on the scores obtained by candidates in these three phases, a merit list will be prepared, and candidates will be selected for the vacancies in the RBI Grade B officers post. The final selection will be based on the candidate’s overall performance in the Mains Exam and the Interview, and their medical fitness. The selected candidates will be recruited as Officers in Grade B in the Reserve Bank of India.

Frequently Asked Questions on RBI Recruitment

No, housing is not provided to RBI Grade B personnel as a benefit of employment.

The selection ratio for an RBI Grade B officer is 2:9, which means that only 2 of the 9 qualified applicants are hired.

No, an RBI Grade B officer is not an officer who has been gazetted. The President of India or the Governor of a State appoints gazetted officers, and the names of these individuals are published in the Indian Gazette. The Reserve Bank of India appoints RBI Grade B officers; their names are not made public in the Indian Gazette.

Yes, RBI Grade B officers may go abroad, but only when necessary for work. They are not often booked for official visits abroad.

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