RBI (Reserve Bank of India) will release RBI Grade B notification 2020 for recruitment of Grade B post in the month of December 2020. Reserve Bank of India (RBI) has been inviting the application form for RBI Grade B exam 2022.
Reserve Bank of India (RBI) online application for the recruitment of Officers in Grade B (General) DR, DEPR, and DSIM in Common Seniority Group (CSG) Streams for the year 2022. The RBI Grade B 2022 of phase 1 preliminary exam will be held on 28th May 2022. The Reserve Bank of India also released the complete schedule for exam date, admit card availability, and result declaration date along with the RBI Grade B 2020 notification. Whereas an interview will take place in the month of April 2021.
You can check for further information about RBI Grade B exam 2020 on the official website of RBI and that is rbi.org.in. It has been estimated that over 926 vacancies would be released through Reserve Bank of India.Candidates can read the official RBI Grade B Notification by clicking on the link mentioned below.
RBI Grade B Official Notification (Download PDF)
Click here for Officer in Grade B Phase II Result
RBI Grade B Officer 2022 Vacancy:
Reserve Bank of India (RBI) has released the total number of vacancies for RBI Grade B 2021 exam along with its Official Notice. This year, RBI introduced 322 vacancies. Last year, the total number of vacancies was 199. Let's have a look at the vacancy for RBI Grade B 2021 Exam.
Post Name
|
Number of Vacancies
|
Officers in Grade 'B' (DR) - (General)
|
238
|
Officers in Grade 'B' (DR) - DEPR
|
31 |
Officers in Grade 'B' (DR) - DSIM
|
24
|
Total
|
322
|
Events | Important Dates** |
Release of Notification | 21st March 2022 |
Online Application Starts | 28th March 2022 |
Online Application Ends | 18th April 2022 |
Commencement of Phase-1 exam: Grade-B General | 28th May 2022 |
Commencement of Phase-2 exam: Grade-B General | 25th June 2022 |
RBI Grade-B- DEPR / DSIM Paper-II & III (Online/Written Examination) | 06th August 2022 |
Interview Process | To be notified later |
Declaration of final result | To be notified later |
Candidates must meet the eligibility guidelines issued by RBI before applying online. The basic eligibility criteria pertaining to nationality, age limit and academic qualification of a candidate is discussed below:
I. Nationality: To appear for RBI Grade B Examination 2021, a candidate must be either: —
Please note that candidates belonging to categories (b), (c), and (d) should possess a certificate of eligibility issued by the Government of India.
II. Age:
III. Educational Qualifications: The educational qualifications as prescribed by the Board for the RBI Grade B Examination 2021:
Post | Minimum Educational Qualifications |
1. Officers in Grade 'B' (DR) - (General) | At least 60% marks in aggregate for all semester/years (50% for SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations from recognized University and Boards respectively. |
2. Officers in Grade 'B' (DR) – DEPR | 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. SC/ST/PWD candidates are allowed a relaxation of 5% |
3. Officers in Grade 'B' (DR) - DSIM | Essential: A Master's Degree in Statistics/Mathematical Economics/ Mathematical Statistics/Statistics & Informatics/Econometrics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with at least 55% marks in aggregate of all semester/years or an equivalent grade; OR 1.Master's Degree in Mathematics with at least 55% marks in aggregate of all semester/years and 1-year PG Diploma in Statistics or related subjects from the reputed institute; OR 2.M. Stat. from Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years OR 3.PG Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with at least 55% marks in aggregate of all semesters/years or equivalent grade. Note: For SC/ST/PWD candidates, the minimum marks required in Master's Degree as in items a, b, c, and d above is 50% in aggregate of all semesters/years or an equivalent grade. |
IV. Number of Attempts: If General Category candidates have already appeared 6-times for the Phase-I Exam of this post in the past, then they would be considered ineligible to apply. However, there is no such restriction in the case of candidates belonging to SC/ST/OBC/PWD if the posts are reserved for them
The exam pattern for RBI Grade B Exam will vary according to the posts candidates wish to apply for:
1.Selection for Officers in RBI Grade B (DR)-General
RBI Grade B Phase-I
Name of Subject | No. of Questions | Maximum Marks |
General Awareness | 80 | 80 |
English Language | 30 | 30 |
Quantitative Aptitude | 30 | 30 |
Reasoning Ability | 60 | 60 |
Total | 200 | 200 |
RBI Grade B Phase-II
Phase-II Online Examination | |||
Sections | Type | Marks | Duration |
Economic and Social Issues | Objective | 100 | 90 |
Paper-2: English (Writing Skills) | Descriptive (Answers need to be typed with a keyboard) | 100 | 90 |
Paper-3: Finance and Management | Objective | 100 | 90 |
Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for the Examination. Paper I Objective Type (on Economics) to be held in November 2021 and Paper II & III will be held separately in December 2021 (date to be confirmed in admit cards).
Sections | Marks | Duration |
Paper-I Objective Type (on Economics) | 100 | 120 |
Paper-II Descriptive Type (on Economics) (Question paper displayed on computer,answers to be written on paper) | 100 | 180 |
Paper-III English – Descriptive (To be typed with help of keyboard) | 100 | 90 |
Total | 300 |
Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview taken together.
Selection will be through Online/ Written Examination (WE) and interview. There are 3 papers for the Examination. Paper I Objective Type (on Statistics) to be held in November 2021 and Paper II & III will be held separately in December 2021 (date to be confirmed in admit cards).
Sections | Marks | Duration |
Paper-I Objective Type (on Statistics) | 100 | 120 |
Paper-II Descriptive Type (on Statistics) (Question paper displayed on computer,answers to be written on paper) | 100 | 180 |
Paper-III English – Descriptive (To be typed with help of keyboard) | 100 | 90 |
Total | 300 |
Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview taken together.
The syllabus of the RBI Grade B 2021 exam is just like the other Bank Exams. The major sections from which the questions are asked are Reasoning, Quantitative Aptitude, General Awareness, and English Language.
As the RBI Grade B exam has both Phase-I exam as well as Phase-II exam, the syllabus of both levels are entirely different from each other. Let’s have a look at the detailed syllabus of both the preliminary examination and mains examination.
Syllabus for Phase-I Examination:
Reasoning
|
Quantitative Aptitude
|
English Language
|
General Awareness
|
Inequality
|
Ratio and Proportion
|
Grammar
|
Current Affairs
|
Coding-Decoding | Average | Vocabulary | Indian Financial System |
Syllogism | Time and Work | Error Spotting | Indian Banking System |
Machine Input Output | Speed, Distance and Time | Comprehension | Monetary Plans |
Data Sufficiency | Mixture and Allegations | Passage Making | National Institution |
Arguments | Approximation & Simplification | Jumble Words | Banking |
Alpha-Numeric Symbol Series | Partnership | Fill in the Blanks | Government Schemes, Agreement & Deals |
Puzzle | Problems of Boats & Streams | Sentence Framing | Economic Terms |
Seating Arrangement | Problems on Trains | - | Financial & Economics News |
Verbal Reasoning | Pipes & Cisterns | - | Static GK |
Ordering and Ranking | Percentage | - | Government Schemes, Agreement & Deals |
Arrangement and Pattern | Permutation and Combination | - | - |
Blood Relations | Algebra | - | - |
Direction and Distance | Trigonometry | - | - |
- | Data Interpretation | - | - |
- | Mensuration | - | - |
- | Probability | - | - |
- | Set Theory | - | - |
Economic and Social Issues
|
Finance
|
Management
|
Growth and Development | Inflation | Role of Manager |
Economic Reforms in India | Financial Markets | Human Resource Development |
Globalization | Risk Management | Motivation, Morale, and Incentives |
Social Structure in India | Basics of Derivatives | Communication |
Development in Financial Sector | Corporate Governance | |
Union Budget |
RBI Grade B Officer 2021 Pre - Exam Training:
The Pre Exam Training is conducted for the candidates who belong to SC/ST and Minority Communities. The main aim of the Pre Exam Training is to provide training facilities to improve the abilities and to enhance the capabilities of privileged candidates. The training is free of cost, but all the other expenses like traveling, accommodation, food, etc. must be paid for by the candidates themselves. Pre Exam Training for the rbi assistant exam is specially conducted for candidates who could not afford to take admission in private coaching institutes. During the training, candidates will get to know the exam pattern, expected questions, tips & techniques to solve the problems, how to manage time during the rbi assistant exam and how to prepare for the Exam. Training is conducted for five days just before the start of the Preliminary Exam. Candidates who wish to appear in Pre Exam Training must select the relevant option at the time
of Online Registration. The administrative body has all the rights to cancel the program anytime at any of the centers, depending upon the response and feasibility or add some more centers or make alternate arrangements.
Click here to join RBI Grade B Online Coaching
Basic Pay
|
Rs 35,150/-
|
Pay Scale | 35150 – 1750(9)– 50900-EB-1750(2)-54400-2000(4)-624000 |
Grade Pay | Grade Pay is not applicable |
NET Salary Including All Allowances | Rs 67,933/- |
RBI Grade B Salary And Perks, Allowances:
Apart from the RBI Grade B Salary, the RBI Grade B employees will enjoy various allowances, perks which are listed below:
1. Dearness Allowance: The RBI Grade B officers will receive DA of 113% of the basic salary.
2. HRA Allowance: The Reserve Bank of India will offer 2BHK/3BHK flat to the RBI Grade B employees. If the employees are not allocated with flats, then they can claim up to Rs 70,000 as rent allowance.
3. Medical Allowance: Employees can claim medical allowances up to 4000 Rupees. These medical allowances are also valid for the dependents of the employees.
4. Education Allowances: Based on various parameters the officials will offer medical allowances to some of their employees. Those selected RBI Grade B officer can avail Rs. 4000/- under education allowance every month.
5. Fuel Allowance: If the RBI Grade B employee owns a vehicle in his/her name, then they can claim up to 150 liters of fuel per month.
6. Maid Allowance: For RBI Grade B employees, Rs 3000/- will be offered under the maid allowance.
7. Mobile Allowance: RBI Grade B employees can claim up to Rs 1500/- as mobile allowance.
8. Sodexo Coupons: RBI provides the employees with Sodexo coupons worth Rs 2000/- which can be spent on food/groceries.
9. Leave Fare Concession Travel (LFC): Once in two years the employees can avail LFC for self, spouse & dependents under LFC Travel allowance. The RBI will offer around 100000 for the employees under LFC allowance.
10. Briefcase allowance: The officers can avail Rs.7000 under briefcase allowance. Employees can reimburse the amount of briefcase every three years once.
11. Pectacles allowances: Spectacles allowance of Rs 7000/- can be claimed for either the RBI Grade B officer or the spouse of RBI Grade B officer.
RBI Grade B Officer 2021 Application Fees:
Application Fee for RBI Grade B Examination 2021 has to be paid in online mode only. Fee payable for various categories is indicated in the table below:
Category
|
Charges
|
Amount
|
SC/ST/PWD
|
Intimation Charges only
|
100
|
GEN/OBC
|
Application fee including intimation charges | 850 |
RBI Grade B Officer 2021 Admit Card & Other Info:
RBI Grade B Phase-I 2019 Result Declared
RBI Grade B 2020 prelims result has been released by Reserve Bank of India (RBI). The RBI Grade B prelims 2020 exam was held on 9th November 2020. Candidates who have appeared in RBI Grade B 2020 Phase I can check their result from the link mentioned below :
RBI Grade B Phase-II 2020 Result Declared
Reserve Bank of India (RBI) has released Phase II result for the post of Officer in Grade B. Phase II Exam was held on 01 & 02-12-2020. Appeared candidates can check their result at below link…
Click here for Officer in Grade B Phase II Result
RBI Grade B 2019 Exam will be conducted in three phases:
Section/ Category
|
General Awareness
(Max. Marks: 80) |
Reasoning Ability
(Max. Marks: 60) |
English Language
(Max. Marks: 30) |
Quantitative Aptitude
(Max. Marks: 30) |
Total Score
(Max. Marks: 200) |
General/ UR
|
20
|
15
|
7.50
|
7.50
|
105.75
|
OBC
|
16
|
12
|
6
|
6
|
95.75
|
SC
|
14.25
|
10.75
|
5.25
|
5.25
|
91.75
|
ST
|
14.25
|
10.75
|
5.25
|
5.25
|
91.75
|
PWD (OH/ HI/ VH)
|
14.25
|
10.75
|
5.25
|
5.25
|
91.75
|
Section/ Category
|
General Awareness
(Max. Marks: 80) |
Reasoning Ability
(Max. Marks: 60) |
English Language
(Max. Marks: 30) |
Quantitative Aptitude
(Max. Marks: 30) |
Total Score
(Max. Marks: 200) |
General/ UR | 16.50 | 11.00 | 6.75 | 4.00 | 78.00 |
OBC
|
12.50
|
8.00
|
5.25
|
2.50
|
68.00
|
SC
|
11.00
|
6.75
|
4.75
|
2.00
|
64.00
|
ST
|
11.00
|
6.75
|
4.75
|
2.00
|
64.00
|
PWD (OH/ HI/ VH)
|
11.00
|
6.75
|
4.75
|
2.00
|
64.00 |
RBI Grade B Phase-II & Final Cut-off 2017 [(DR)-General]
RBI Grade B Cut-off 2017 Phase – II and overall RBI Grade B Cut-off 2017 (Phase II + Interview) is given below
Recruitment Process
|
Cut-off Marks
|
|||
|
General
|
OBC
|
SC
|
ST
|
Aggregate Cut-off marks (Paper-I, Paper-II and Paper-III): 300 marks
|
196.75
|
181.75
|
175.75
|
175.75
|
Aggregate Cut-off marks (Paper-I, II & III) + Interview: (300 + 50) marks
|
245.75
|
228.00
|
220.50
|
211.25
|
RBI Grade-B Exam Analysis for Prelims-9th November: Shift-1
The Most awaited RBI Grade-B 2020 Phase-1 exam is over. Now it’s time for exam analysis of RBI Grade-B 2020 Phase-1 (9th November 2020) shift I. A lot of students have appeared for their Phase 1 exam today and this brings them a step closer in their journey of getting a Job in the most prestigious Banking Platform.
RBI Grade B Exam Analysis for Prelims-9th November: Shift-1
RBI Grade B Officers Phase I Exam was conducted today (August 16, 2019). There were 200 questions, which had to be answered in 120 minutes. There were four sections - General Awareness, English Language, Quantitative Aptitude and Reasoning. All the sections except English Language were available bilingually, that is, both in English and in Hindi. Each question had 5 options and 1 mark was awarded for every correct answer while 0.25 marks was deducted for every incorrect answer.
Section
|
Total Questions
|
Level of difficulty
|
Good Attempts
|
Approximate time taken (in Minutes)
|
General Awareness
|
80
|
Moderate – Difficult
|
40 – 45
|
30
|
English Language
|
30 | Easy-Moderate | 18 - 20 | 20 |
Quantitative Aptitude | 30 | Easy -Moderate | 13 – 15 | 20 |
Reasoning | 60 | Moderate- Difficult | 32 – 34 | 50 |
Total | 200 | Moderate – Difficult | 110 – 120 | 120 |
General Awareness:
Most number of questions came from the current affairs - both national and international. It has to be noted that a number of questions totaling 21 came from banking. Other areas that were covered in this section were sports, business, science and technology, and books and authors. Very few questions, around 4 in number, came from the static portion of GK. It is also to be noted that maximum current affairs questions came from the events and happenings that occurred from May to July 2019. Rest of the questions from the dynamic section of GK came from the events and occurrences that took place in the last one year. Overall, the difficulty level of this section can be categorized as easy to moderate.
Topics
|
Number of Questions
|
Level of Difficulty
|
Current Affairs – National
|
11
|
Easy
|
Current Affairs – International
|
12 | Moderate to difficult |
Current Affairs – Banking | 21 | Easy to Moderate |
Current Affairs – Business | 5 | Moderate |
Current Affairs – Sports | 4 | Easy |
Current Affairs – Miscellaneous | 12 | Moderate to difficult |
Current Affairs – Important dates | 2 | Easy |
Current Affairs – Science and Technology | 5 | Easy to Moderate |
Current Affairs – Books and Authors | 4 | Moderate to difficult |
Static – History | 2 | Difficult |
Static- Geography | 1 | Difficult |
Static- Economy | 1 | Difficult |
English Language:
The section comprised 11 RC questions in total. There were two RC passages which had 4 and 7 questions in each passage. One RC passage was based on exchange rate and the second RC passage was on life events based. Most of the questions were inference based and so, took a long time to figure out the answer. Other topics that came in the exam included Sentence correction, Statement Connection, etc. No para jumble and cloze test questions came this time. Overall, the level of difficulty of the questions was moderate to difficult.
Topics | Number of questions | Level of difficulty |
Reading Comprehension (4 + 7) | 11 | Moderate to difficult |
Sentence Correction (Spot the Error) | 5 | Moderate |
Match the sentences (Two columns, three sentences) | 3 | Moderate to difficult |
Para Completion (4 sentences) | 2 | Moderate to difficult |
Statement Connection | 3 | Moderate |
Jumbles words ( In 6-7 paragraphs, bold words misplaced) | 6 | Moderate |
Quantitative Aptitude:
There were questions 5 questions each based on Wrong numbers in series and Comparison of two quantities in this section. There were 10 questions on Data Interpretation which were split into two sets of 5 questions each. Apart from that, there were 10 quantitative aptitude questions which were lengthy, calculative and time consuming.
Topic
|
Number of questions
|
Level of difficulty
|
Data Interpretation (Bar graph)
|
5
|
Moderate
|
Data Interpretation (Table)
|
5
|
Easy to Moderate
|
Number Series (Wrong numbers based)
|
5 | Easy to Moderate |
Comparison of two quantities (Quantity I and Quantity II) – Topics were: TSD, Quadratic Equation, geometry etc. | 5 | Easy to Moderate |
Time and Work | 1 | Easy to Moderate |
Mensuration (Cone and cylinder based) | 1 | Moderate |
Partnership | 2 | Moderate |
Time, Speed and Distance - Boat and Streams | 1 | Easy to Moderate |
Mixture and Alligation | 1 | Easy to Moderate |
Profit, Loss and Discount | 1 | Easy to Moderate |
Simple Interest/Compound Interest | 1 | Easy to Moderate |
Time, Speed and Distance | 1 | Easy to Moderate |
Ratio and Proportion | 1 | Easy to Moderate |
Reasoning:
This section comprised of 6 AR sets (Puzzles) which were of moderate level in nature. Rest of the questions could have been attempted easily to maximize the score. No questions were there based on input-output. However, the overall section was quite time consuming
Topic |
Number of Questions
|
Level of Difficulty
|
Analytical Reasoning (Linear Seating facing north in single row – two variables)
|
5 | Easy |
Analytical Reasoning (Box Arrangement – two variables) | 5 | Moderate |
Analytical Reasoning (Blood Relation) | 5 | Easy |
Analytical Reasoning (Data Arrangement – Nine people's department, name, projects based) | 5 | Easy to Moderate |
Analytical Reasoning (Data Arrangement – Birth year, age and company) | 5 | Moderate |
Analytical Reasoning (Sitting Arrangement – Square table, both sides facing) | 5 | Moderate to Difficult |
Mathematical Inequalities | 5 | Easy to Moderate |
Data Sufficiency – 2 statements based | 5 | Moderate |
Directions (Set Based) | 3 | Moderate to Difficult |
Alphabet - symbol based (Singlets) | 3 | Easy |
Logical Reasoning ( Inference, CR, Decision Making, Strong & Weak Argument, Statement Conclusion, Statement and Course of Action and logical based) | 12 | Moderate to difficult |
Miscellaneous | 2 | Easy to Moderate |
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