What is RBI Grade B?
Age Limit
21 to 30 Years (As of the 1st of January of the year of notification)
Educational Qualification
The educational qualification for RBI Grade B Officers typically requires candidates to have a minimum of a bachelor’s degree from a recognized university or institution. The specific educational qualifications may vary depending on the specific post and department within the RBI Grade B cadre.
Candidates with degrees in disciplines such as Economics, Finance, Management, Statistics, Commerce, Mathematics, or any other related field are usually preferred. Additionally, certain posts may require specific educational backgrounds or qualifications relevant to the responsibilities of the position.
For precise details regarding the educational qualification requirements for RBI Grade B Officers, candidates should refer to the official notification issued by the Reserve Bank of India for the particular year’s recruitment cycle.
Number of Attempts
- UR Category – 06 Attempts
- SC/ST/OBC/PwBD/EWSs – No Restriction
RBI Grade B Officer Exam Pattern
RBI Grade B officers are recruited through a 3-stage recruitment process –
- Phase 1 Examination (Preliminary exam)
- Phase 2 Examination (Mains exam)
- Phase 3 Psychometric Test & Interview
Phase I: Preliminary Examination – Objective-type questions covering areas like General Awareness, English Language, Quantitative Aptitude, and Reasoning Ability.
Phase II: Main Examination – Descriptive and objective type questions covering Economic and Social Issues, Finance and Management, English, and optional subjects depending on the post applied for.
Phase III: Interview – Candidates shortlisted based on their performance in Phase II are called for an interview where their knowledge, skills, and suitability for the position are assessed.
Phase 1
| Section | Marks | Sectional Timing |
|---|---|---|
|
General Awareness |
80 |
25 Minutes |
|
Reasoning |
60 |
45 Minutes |
|
English |
30 |
25 Minutes |
|
Quantitative Aptitude |
30 |
25 Minutes |
|
Total |
200 |
120 Minutes |
- The Phase 1 examination or the preliminary examination is a single paper comprising 200 Questions and 200 Marks.
- The overall duration of this paper is 120 minutes i.e. 2 hours. Please note that there is sectional timing as well.
- There is a penalty of ¼ for wrong answers.
- Candidates need to secure separate cut-off in each section as well as clear the overall cut off to be shortlisted for
- Marks obtained in Phase I are used only for shortlisting the candidates for Phase II examination process and are not counted for final selection of the candidates.
Phase 2
| Name of Paper | Type of Paper | Time (Minutes) | No. of Questions | Marks |
|---|---|---|---|---|
|
Paper-I:
Economic and Social Issues |
50% Objective 50% Descriptive |
30 Min
90 Min
Total-120 |
30 Objective
04 Descriptive |
50 |
|
Paper-II:
English (Writing Skills) |
Descriptive |
90 Min |
03 |
100 |
|
Paper-III:
Finance & Management |
50% Objective
50% Descriptive |
30 Min
90 Min
Total-120 |
30 Objective
04 Descriptive |
50
50
Total-100 |
Phase 3
The Phase-III of the RBI Grade B examination consists of a Psychometric Test followed by an Interview.
- Candidates are required to undergo Psychometric Test before appearing for the Interview. It is qualifying in nature and no marks are allotted for it.
- Candidates are shortlisted for interview based on their Phase 2 marks only (sum of all 3 papers)
- Interview carries a weightage of 75 marks
- Candidates can opt for interview either in Hindi or English
- The final selection of candidates is done by adding marks secured in Phase 2 and Interview.
Frequently Asked Questions
What is the eligibility criteria for RBI Grade B?
The eligibility criteria typically include educational qualifications, age limit, and nationality requirements. Candidates must hold a minimum of a bachelor’s degree from a recognized university and meet the age and nationality criteria specified in the official notification.
What is the selection process for RBI Grade B?
The selection process usually consists of three phases: Phase I (Preliminary Exam), Phase II (Main Exam), and Phase III (Interview).
What is the exam pattern for RBI Grade B?
The exam pattern includes objective and descriptive type questions covering topics such as Economic and Social Issues, Finance and Management, English Language, Quantitative Aptitude, and Reasoning Ability.
Is there any negative marking in RBI Grade B Exam?
Yes, there is typically a negative marking scheme where 0.25 marks are deducted for each incorrect answer.
What is the salary of an RBI Grade B Officer?
The salary of an RBI Grade B Officer includes basic pay, allowances, and other benefits, amounting to a total gross salary of around ₹83,000 to ₹95,000 per month.
How can I apply for RBI Grade B Exam?
Candidates can apply online through the official website of the Reserve Bank of India during the application window mentioned in the official notification. Click Here
