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RBI Grade B 2018 Notification Out , Eligibility, Exam Pattern, Selection Process

RBI Grade B Recruitment 2018: Exam Date, Notification, Vacancies, Salary, Selection, Syllabus/Pattern & Admit Card

Dear Aspirants,

The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. Reserve Bank of India has Started Recruitment of Group B (DR) Vacancies for different location across India. The application will begin from 03/07/2018 onwards and will close on 23/07/2018. Given are the Notification Details:

RBI Grade B Total Number of Vacancies: 166

General

DEPR

DSIM

Total

127

22

17

166

Note:

DEPR: Department of Economics and Policy Research.

DSIM: Department of Statistics and Information Management.

RBI Grade B Important Dates:

Event

Date

A release of Application Form

03/07/2018

Last Date of Registration Process & Fee Payment

23/07/2018

Online Exam Date Phase I

16/08/2018

Online Exam Date Phase II

07/09/2018

RBI Grade B Eligibility Criteria:

(a) Age Eligibility (as on 01-07-2018): Between 21 and 30 years (both ages include). The candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.

(b) Educational Qualifications: 

Posts
Minimum Educational Qualifications (as on 01-07-2018):
1. Officers in Grade 'B' (DR) -(General)
Bachelor's degree  {minimum of 60% marks (50% in case of SC/ST/PWD)}
2. Officers in Grade 'B' (DR) - DEPR
Essential:  A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks (50% in case of SC/ST/PWD) or an equivalent grade in aggregate of all semesters/years from a recognised Indian or Foreign University /Institute.
Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

Application Fees:

  • The payment can be done online or through net banking.
  • Fees for the general & OBC category candidates is Rs.850/- and for SC/ ST/ EXS/PWD candidates is Rs.100/-.

Selection Process of RBI Grade B:

The Selection Process for the final selection of RBI Grade B (DR) is as follows:

RBI Grade B (DR) Prelims (Phase I)

RBI Grade B (DR) Mains (Phase II)

RBI Grade B (DR) Interview (Phase III)

1. Exam Pattern of RBI Grade B (DR) Prelims (Phase I):

Sr. No.

Name of Tests
(Objective)

No. of Questions

Maximum Marks

Total Time

1

English Language

30

30

Composite times of 120 minutes

2

Numerical Ability

30

30

3

Reasoning Ability

60

60

4.

General Awareness

80

80

Total

200

200

2. Exam Pattern of RBI Grade B (DR) Mains (Phase II):

Sr. No.

Name of Tests

Paper Type

Maximum Marks

Duration

1.

Economics and Social Issues

Objective

100

90 minutes

2.

Paper II English (Writing Skills)

Descriptive (to be typed with the help of keyboard)

100

90 minutes

3.

Paper III Finance & Management

Objective Type

100

90 minutes

3. Personal Interview (50 Marks):

The aggregate marks of qualified candidates in the Objective Test will be arranged in descending order in each category and the candidates in the order of merit, will be called for Interview as decided by the Bank. The qualifying marks in Interview will be as decided by the Bank.

Number of Attempts:

Candidates belonging to unreserved i.e. General Category, who have already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD if the posts are reserved for them.

Pay Scale of RBI Grade B:

The PayScale for the RBI Grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400.

Important Links:

Click Here for Official Notification

Click Here to apply online for  GRADE 'B' (DR) - General

Click Here to apply online for GRADE 'B' (DR) - DEPR/DSIM  

    

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