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All You Need To Know About The RBI Recruitment 2024 For Grade B Officer Exams

Updated: Jun 7, 2024

The Reserve Bank of India (RBI) releases the RBI Grade B notification annually to recruit candidates for the Grade B officer positions in its various locations across the nation. Candidates who are preparing for the Govt. Bank exams are eagerly waiting for the release of the RBI Grade B Exams 2024 notification, which will most likely be published after the conclusion of the on-going Lok Sabha elections. 


Due to the starting salary of ₹55,200 per month and the prestigious job profile offered by RBI, this examination is highly competitive, with thousands of candidates appearing every year. The selection process consists of three stages for various positions like DEPR, DSIM, and General. Given below are some of the important details that you need to know regarding the RBI Grade B officer exams.


Nation

India

Organization

Reserve Bank Of India (RBI)

Name of the examination

RBI Grade B 2024

Position

Grade B officers

Vacancies

Will be updated soon

Expected salary

Rs 55,200/- basic pay

Category

Exam language

English

Date of the examination

Will be published soon

Official Website



RBI Recruitment 2024



Eligibility Criteria For RBI Recruitment for Grade B Officer Exams


To apply for the upcoming RBI Grade B officer exams, candidates must meet the following eligibility criteria set by RBI: 


Educational Qualification 


Officers in Grade ‘B’ (DR) (General): The candidate must have graduated with a bachelor’s degree with at least 60% marks (50% for SC, ST, and PWD categories) or an equivalent grade, as well as in the 12th and 10th standard examinations.


Officers in Grade ‘B’ (DR)-DEPR: Candidates must have a Master’s degree from a recognised Indian or foreign institute in subjects like Economics, Econometrics, Mathematical Economics, Quantitative Econometrics, Integrated Economic Course, and Finance, with at least 55% marks or an equivalent grade in aggregate of all semesters.


Officers in Grade ‘B’ (DR)-DSIM: Candidates must have a Master’s degree in subjects like Statistics, Mathematical Statistics, Econometrics, Mathematical Economics, Statistics & Informatics from IIT-Kharagpur, or Applied Statistics & Informatics from IIT-Bombay, with at least 55% marks or equivalent grade in aggregate of all semesters. 


Age Limit


To appear for the RBI Grade B officer exams, candidates must be between 21 and 30 years old. However, candidates who are physically handicapped and belong to the SC/ST/PwD categories will be given age relaxation as per the regulations set by the board.


Nationality


The candidate must be a citizen of India, a subject of Nepal, Bhutan, or a Tibetan refugee who arrived in India before January 1, 1992, and is planning to permanently settle in India. 


Selection Process of RBI Recruitment for Grade B Officer Exams


There are three stages that lead to the candidate's selection in the RBI Grade B Officer Exams: prelims, mains, and interview.


Prelims


  • Examination Mode: Online

  • Time duration: 120 minutes (2 hours)

  • Maximum marks: 200

  • Subject Names: General Awareness, English Language, Reasoning, and Quantitative Aptitude.

  • Marking System: 0.25 marks will be deducted for every wrong answer.



Mains



Subjects

Type of Paper

Time Duration (In Min)

Total Marks

Paper 1 : Economics and Social Issues


50% objective

  50% descriptive


30 min for objective

   90 min for descriptive



50 + 50 = 100


Paper II : English (Writing Skills)

Descriptive

90 min

100

Paper III : General Finance and management

50% objective

  50% descriptive

30 min for objective

90 min for descriptive


    50 + 50 = 100


Interview


After passing the main exams, candidates will be called for an interview, where their suitability for the position will be evaluated. The interview phase will be worth 50 marks, and the candidates will be given the choice of selecting their preferred language (Hindi or English).



RBI Recruitment For Grade B Officer Exams 2024


RBI Grade B Officer Exams 2024 Application Fee


General and OBC candidates are required to pay a total of Rs 850 as an application fee for appearing in the RBI Grade B Officer Exams. However, candidates belonging to the SC/ST/PwD categories will only need to pay Rs 100 for the submission of the application form. Candidates can apply for the exam through the official website of the RBI once the notification has been released. You will be required to enter all the required information in the online procedure and submit the necessary files, such as photos and signatures.


SYLLABUS OF RBI GRADE B OFFICER EXAMS



Reasoning

General Awareness

English

Quantitative Aptitude

Coding-Decoding

General Knowledge ( Static)

Fill in the blanks

Probability

Puzzles

Current Affairs

Error Finding

Mensuration

Blood relations

Financial and Banking awareness

Vocabulary

Data interpretation

Inequality

Govt schemes and deals

Comprehension

Time and Work

Direction and Distance

Financial and Economic news

Sentence framing

Permutation and Combination

Syllogism

Banking terms and processes

Grammar

Average, ratio and Percentages

Data sufficiency

Monetary policies

Jumble words

Mixture and Allegations

Seating Arrangement

Economic terms

Passage making

Speed, Distance and Time.

Due to the high level of competition, it is important for the aspirants to start preparing effectively for the RBI Grade B officer exams in 2024. Don’t waste this precious time and start searching for the best bank coaching institutes in Trivandrum, Delhi, Kolkata, Mumbai, or any other places where you find it suitable. This examination is a great opportunity for all those who are dreaming of a reputed job profile in the government banking sector.


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