Every year, the reserve bank of India conducts exam for the recruitment of Grade B officers. Aspirants who wish to get admission in the most popular banking sector then they can go with this exam. RBI recruits aspirants for the various posts such as DSIM, DEPR, and DR in the Reserve Bank of India. For this recruitment, the selection was first started in the year 2015. The article will provide complete information like the selection process, eligibility, syllabus of the RBI entrance exam.
What is a RBI Grade B Exam?
Reserve Bank of India or RBI is a national level exam, which is conducted in India. The organization RBI conducts recruitment exams to fill the thousands of posts. This exam is conducted for the direct recruitment of Grade B officers in the CSG (Combined Seniority Group) streams. The organization offers excellent salary and job profiles to its candidates. The exam was conducted in three phases- Preliminary exam, Mains Exam, and Interview Round.
2021 Notification of RBI Grade B Exam
For 2021, the notification for the RBI Grade B exam will come in December on the official website. The aspirants can get their calendar, admission form, syllabus, and vacancies through its official notification issued by the RBI.
Eligibility Criteria for RBI Grade B 2021
The eligibility criteria for the RBI Grade B exam are mentioned in the notification. Aspirants must have to qualify all the eligibility criteria to apply for the exam. The application for the exam is a national level exam if a candidate qualifies all the rounds of the RBI exam and in case fails to qualify the required eligibility criteria then that candidate will be disqualified in the exam. So it is important to qualify the eligibility criteria. The eligibility criteria are as follows:
A candidate must be a citizen of the India
A candidate must have at least 60% marks in their graduation along with high school and intermediate mark sheet from a recognized university.
For reserved category applicants, the minimum percentage is required 50%.
Aspirants must have age between 21 to 31 years to apply for the exam.
Important Dates for RBI Grade B Exam
The RBI released the application form fee for the RBI Grade B exam in December 2021.
The online payment of application fee date will be December 2021.
The result declaration of the Phase I exam will be in the month of January 2021.
Commencement of Phase I exam date will be January 2021.
The commencement of the Phase II exam date will be in the month of February 2021.
The written examination date of RBI Grade B DEPR will be in the month of February 2021.
The interview process date is yet not released by RBI it will be notified later.
The final result will be declared and notified later by the RBI board.
Online Application RBI Grade B Exam
To apply for the RBI Grade B exam, aspirants need to visit the official website of RBI.
Aspirants need to register them to apply for the exam, for registration candidate needs to enter their basic information and qualification and other details related to their application form.
Candidates must upload their documents such as Signature, photograph, and thumb impression.
Aspirants must have to verify all the details carefully before to do the final submission of the form. In case of candidate find any wrong information then they can make changes in their form.
Candidates make sure that there are no changes that can be done in the application form once the payment is complete.
The application fee for general category candidates is rupees 800 and for schedule caste or PWBD or ST candidates, the application fee is rupees 400.
Exam Pattern of RBI Exam 2021
The recruitment process of RBI Grade B officers takes place in two stages and is followed by the interview. The RBI Grade B entrance exam pattern complete in three stages:
Phase I Examination
Phase II Examination
Question Paper Pattern of RBI Grade B for Phase I
There is General Awareness and the number of questions is 80.
30 questions are available from quantitative aptitude.
30 questions are available in the English Language.
60 questions are available from the reasoning.
The total number of questions is 200 and the total number of marks is 200.
To clear phase I, candidates must have to read the newspaper and current affairs on daily basis. They also need to stay updated with relevant information and events in the general awareness section.
For better practice, the candidate needs to solve previous year question papers and sample papers.
The candidate also needs to make separate notes for every subject.
Question pattern for RBI Grade exam pattern of Phase II
There are three phases available in phase II of RBI Grade B.
Phase I is based on Economic and Social Issues. This phase is based on objective types of questions. The duration of the phase is 90 minutes and the total number of questions is 100.
Phase II is based on English skills. This phase is based on descriptive and candidates need to be typed by keyboard to solve their answer. There are 100 questions available in this phase and the time duration of the exam is 90 minutes.
Third and the last phase are Finance and Management. It is an objective type question-based phase. The total number of questions from these sections is 100 and the total time duration for the exam is 90 minutes.
Educational Qualification of RBI Grade B Exam
For officers DR Grade B (General)
Candidate needs at least 60% marks in their Bachelor’s degree and intermediate and high school standard examination from a recognized university or board. For other category candidates like (ST/ SC/ PWD), the minimum percentage criteria are 50%.
Officer for DR or DEPR Grade
To apply for this post a candidate needs a Master’s degree in Mathematical/ Integrated Economics Course/ Quantitative Economics/ Econometrics/ Economics/ Finance with at least 55% of marks. There is a 5% relaxation in percentage for the SC/ PWD/ ST candidates.
Officers Grade DR or DSIM Grade
Candidate must have a master’s degree in Mathematical statistics/ Econometrics/ Mathematical Economics/ Statistics/ Econometrics from IIT Kharagpur or Applied statistics and informatics from IIT Bombay with at least 55% of marks.
For other category candidates like ST/SC/PWD, the minimum percentage is required 50%.
Application Form for RBI Grade B 2021
The application process for RBI Grade B is very easy and can be done online mode via the official website. Aspirants who are looking to apply for the both posts like Gr. B DR and Gr B DR or DEPR or DSIM then they can apply separately for both positions by just paying the application fee for both exams.
Steps to Fill the Application Form
To apply for the RBI Grade B exam for the post-Gr. B (DR) or General DSIM/ DEPR position. Then they need to visit the official website and click on the recruitment link.
For new candidates, they need to click on the New Registration link. For the registration, process the candidate needs to enter their name, contact details, and Email id.
After filling in all information, a provisional registration number and password will be provided by the RBI.
RBI will send the registration number and password on the candidate’s email id or mobile number.
Name of Examination Cities for RBI Exam
The RBI Grade B exam conducted in multiple cities and candidate can choose their cities according to their preferences. These cities are as follows:
Bangalore, Bhopal, Ahmadabad, Kolkata, Jammu, Chandigarh, Chennai, Bhubaneswar, Guwahati, Hyderabad, Kochi, Jaipur, Mumbai, Lucknow, Patna, New Delhi, Nagpur, Thiruvananthapuram, Pune, etc.
Results Declaration date of RBI Grade B exam 2021
Now the RBI Grade B results available on the official website. The main exam results for DR- general has been published on the 18th December 2021. But the final result of the Prelims and Mains exam will only be declared on the Bank’s official website.
Aspirants who secure the minimum marks according to the prescribed board, only those candidates will be shortlisted for the final interview round.
Applicants must have to secure minimum separately marks for each test.
RBI sent an official notification via E mail or SMS to the candidates, if they qualify for the subsequent rounds.
For the final interview round, they also need to download an admission letter.
After all the rounds, candidate have to submit their documents like ID proof and mark sheet for the joining.
Frequently Asked Questions and Answers
Can an intermediate student apply for the exam?
No, if a candidate only has an intermediate degree then they cannot apply for the RBI Grade B exam. As for the RBI Grade B exam a candidate must have at least a bachelor’s degree with 60%.
When the RBI Grade B exam 2021 is scheduled and to be conducted?
The RBI Grade B exam will be conducted the exam in the month of November 2021 and the prelims and mains exam dates were in November and December.
Is there any negative marking for the RBI Grade B officer level exam?
Yes, for every wrong answer there will be 1/4 marks deducted. The negative marking scheme is only for Phase I and Phase II exams.
What is the monthly salary for RBI Grade B officers?
The salary of an RBI Grade I officer is approximately Rupees 75,831.
What are the important details required for the application form?
The RBI required all the important details of a candidate such as a name, address, scanned photographs and signature, contact details, the actual percentage of bachelor’s and intermediate and high school, etc.
What is the selection process for the exam?
The selection process of RBI Grade B is based on three rounds i.e. Prelims Exam, Mains Exam, and personal interview.