Reserve Bank of India RBI has released the Recruitment of Officers Grade B Various Post Recruitment 2023 Notification. Any candidate who is interested in this RBI Officers Grade B 2023 recruitment and fulfills the eligibility can apply online from 09 May 2023 to 09 June 2023. For recruitment eligibility, age limit, Post wise Eligibility, selection procedure, syllabus and all other information read the advertisement and then apply.
Reserve Bank of India has released the RBI Grade B 2023 Online Registration dates, Exam Date and other important dates along with the official RBI Grade B Notification 2023 on 26th April 2023. All the important dates for RBI Grade B 2023 will be updated here once it has been released by RBI.
Events | Dates |
Release of RBI Grade B Notice | 26th April 2023 |
Online Application Form Starts | 09th May 2023 |
Online Application Last Date | 09th June 2023 (6 pm) |
Online payment of Application Fees Last Date | 09th June 2023 (6 pm) |
RBI Grade B phase-I Call Letter | Notified Soon |
RBI Grade B phase-I Exam Date 2023 | 09th 16th July 2023 |
RBI Grade B phase-II Exam Date 2023 | 30th July, 2nd September, 19th August 2023 |
Official website | https://www.rbi.org.in |
RBI notifies the eligibility in the RBI Grade B notification every year. Candidates are required to fulfil the eligibility conditions as stated by the RBI. The basic eligibility criteria in regards to the age limit and the educational qualification as given in the RBI Grade B Notification are discussed below:
Eligibility - Age Limit:As per the RBI Grade B Notification, the applications are invited from candidates between the age group of 21 and 30 years of age group as of January 01, 2022. However, candidates holding M.Phil. and PhD degrees are given age relaxations. The upper age limit for such candidates is 32 and 34 years respectively. Furthermore, the candidates from the reserved category are eligible for relaxation in the upper age limit as per the Government of India norm.
Reserve Bank of India (RBI) has announced 291 vacancies for the RBI Grade B 2023 exam along with its official RBI Grade B Notification 2023. Let’s have a look at the post-wise vacancy distribution for RBI Grade B 2023 Exam.
Posts | Vacancies |
Officers in Grade ‘B’ (DR)–(General) | 222 |
Officers in Grade ‘B’ (DR)–DEPR | 38 |
Officers in Grade ‘B’ (DR)–DSIM | 31 |
Total | 291 |
The candidates can download their respective RBI Grade B admit cards by the following steps:
The Pay Scale for the RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). This means that you will be having basic pay of Rs. 55,200/- in which you will get an increment of Rs. 2850/- up till nine years of your service. After the completion of nine years, you will get into the executive band wherein the basic pay will be Rs. 80850/- and then again for the next two years you will get an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years thus ending up with the basic pay of Rs. 99,750/- and this is when you don't get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.
The RBI Grade-B selection process is done in three phases. Phase-I, Phase-II, and Interview round. Candidates must qualify in phase- I in order to appear for the Phase-II exam. On clearing Phase -II examination, they will be called for the interview round.
The final selection of candidates is done based on the overall performance in the exams as well as in the interview round.
The applicants must be clear about the syllabus of the RBI Grade-B examination so that they can prepare well for the RBI Grade B Phase-I Exam.
Phase-I Syllabus:Subjects | Topics |
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English |
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Quantitative Aptitude |
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Reasoning |
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General Awareness |
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Papers | Topics |
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Paper-I: Economic and Social Issues |
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Paper-II: English (Writing Skills) | This paper assesses the writing skill that includes the capability of expressing and understanding the topic |
Paper-III: Finance and Management | Finance:
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The applicants must have a clear idea about the exam pattern of the RBI Grade-B post, before applying for it. The Exam Pattern of RBI Grade B 2022 is divided into three phases, Phase-I, Phase-II, and Interview Round. The exam pattern for the two phases is given below.
RBI Phase-I of this examination consists of four sections. There is no sectional time limit. The total duration of the RBI Grade B Phase- I is of 120 minutes. The marks for each section are given below.
Subjects | Number of questions | Maximum marks | Duration |
---|---|---|---|
General Awareness | 80 | 80 | 25 minutes |
Quantitative Aptitude | 30 | 30 | 25 minutes |
English Language | 30 | 30 | 25 minutes |
Reasoning | 60 | 60 | 45 minutes |
Total | 200 | 200 | 120 minutes |
RBI Grade-B Phase-II examination question paper consists of three sections. Each section needs to be completed within 90 minutes. The total time duration is 270 minutes.
Name of Test | Paper Type | Maximum Marks | Time Allotted |
Paper I - Economic and Social Issues |
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|
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Paper-II - English (Writing Skills) | Descriptive Test | 100 | 90 mins |
Paper III - Finance and Management |
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100 |
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The cut off for RBI Grade B 2022 Exam will be released after each phase of the examination is completed. The cut-off for the Phase-I exam will be released first followed by the cut off for the Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI.
Cut-Off Marks for Phase-I Exam | ||||||
Section | Category | |||||
GENERAL/UR | EWS | OBC | SC | ST | PwBD (OH/HI/VH/MD) | |
General Awareness (Maximum Marks = 80) |
16.00 | 16.00 | 12.00 | 10.25 | 10.25 | 10.25 |
Reasoning (Maximum Marks = 60) |
12.00 | 12.00 | 9.00 | 7.75 | 7.75 | 7.75 |
English Language (Maximum Marks = 30) |
6.00 | 6.00 | 4.50 | 3.75 | 3.75 | 3.75 |
Quantitative Aptitide (Maximum Marks = 30) |
6.00 | 6.00 | 4.50 | 3.75 | 3.75 | 3.75 |
Total Score/ Aggregate (Maximum Marks = 200) |
66.75 | 66.75 | 63.75 | 53.50 | 52.75 | 52.75 |
As per the RBI Grade B Notification, you require 60% marks in Graduation (50% for reserved categories i.e SC/ST/PwBD) or an equivalent grade in Bachelor s degree along with 10th and 12th standard examinations from any recognized university/board.
RBI Grade B Notification notifies about the post-wise qualifications under eligibility criteria. The required qualification for officers in Grade B (General, DEPR and DSIM) are tabulated below:
Post | Qualification |
Officers in Grade ‘B (DR) - (General) |
At least 60% marks in Graduation (50% for reserved categories i.e SC/ST/PwBD) or an equivalent grade in Bachelor s degree along with 10th and 12th standard examinations from any recognized university/board. |
Officers in Grade ‘B (DR) - (DEPR) |
A Master s Degree in Econometrics/ Economics / Quantitative Economics/ Integrated Economics Course/ Mathematical Economics /Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR Master s Degree in Economics in any of the subcategories of economics i.e. agricultural/ developmental/ business/ applied, etc., with at least 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. |
Officers in Grade ‘B (DR) - (DSIM) |
A Master s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics Informatics from IIT-Kharagpur/ Applied Statistics Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years; OR Master s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year post-graduate diploma in Statistics or related subjects from an Institute of repute; OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years; OR Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. |
Once RBI releases the RBI Grade B notification as well as the application form on their official website, you will be able to fill it online. The RBI Officer Grade B online application will be accepted via online mode at the official website of RBI.
A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC category for RBI Grade B 2023 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.
Category | Application Fee |
General/OBC | Rs. 850/- |
SC/ST/PWD | Rs. 100/- |
Staff@RBI | Nil |
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