All About RBI Assistant and RBI Grade B

Table of Contents

Applications have been invited from qualified aspirants by the Reserve Bank of India (RBI) to the posts of ‘Assistant’ for the year 2021-22. Similarly, RBI Grade B 2022 official Notification is likely to be released during January and February of the year 2022. The Reserve Bank of India (RBI) has issued a total of 322 vacancies for the posts of Grade B Officer under recruitment drive last year. More than 300 RBI Grade B officer vacancies are expected to be issued for this year’s RBI Grade B 2022 recruitment.

Posts	RBI Assistant	RBI Grade B
Official website	rbi.org.in	rbi.org.in
Vacancy	950	Officers in Grade B (DR) – (General)	270
		Officers in Grade B (DR) – DEPR	29
		Officers in Grade B (DR) – DSIM	23
Website Link Open- For On-Line Registration from	17.02.2022	Yet to be notified
Final date for applying	08.03.2022	Yet to be notified
Online Preliminary Test/ phase 1 exam	March 26 & 27, 2022	· General Phase-I exam, DEPR/DSIM Paper I Exam- March 6, 2022 · DEPR/DSIM Paper II, Paper III Exam- March 31, 2022
Result of prelims exam/ phase 1 exam	Yet to be announced	Yet to be notified
Salary	INR 13150 – INR 34990	Rs. 35150-1750(9)-50900-EB-1750 (2) – 54400-2000(4)-62400 (16 years)
Online Main Test/ phase 2 exam	May 2022	Yet to be notified
Mains exam result	Yet to be notified	Yet to be notified
Interview	–	Yet to be notified

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Eligibility Criteria by Age: RBI Assistant vs RBI Grade B

RBI assistant post prescribes an age limit of 20-28 years for the general i.e. unreserved category. The RBI Grade B Official Notification states that the applications are invited from aspirants who belong to the age group ranging from 21 to 30 years. They should have attained the prescribed age range on or before January 01, 2022. But applicants who are holders of M. Phil and PhD degrees are provided relaxations in age restrictions. The maximum age for such candidates is 32 and 34 years respectively as per the official notification. Besides this, the applicants belonging to the reserved categories are also eligible for relaxation in the maximum age limit. This age relaxation is given according to the Government of India norm. Age relaxation allowed for individuals of other categories is as given in the table below.

Category	RBI Assistant	RBI Grade B
· Scheduled Caste · Scheduled Tribe	· 5 years · Age limit- 33 years	· 5 years
Other backward classes	· 3 years · Age limit- 31 years	· 3 years
Ex-servicemen	· years of service in the defence forces + 3 years. (+8 if PWD) · subjected to an upper age limit of 50 years	· 5 years (should have done 5 years of service and should be released due to completion of the assignment, injury or becoming invalid)
· Widows · divorced women · women judicially separated who are not re-married	10 years	–
Candidates having work experience in Reserve Bank of India/ any other financial institution	· Years of experience · Maximum of 33 years	· upper age limit – 33 years including experience. · The probationary period will not be considered when years of experience is being counted.
ex-employees of banking institutions whose services had to be terminated for reasons other than their fault	–	5 years
Person with disability	· General/EWS- 10 years · OBC- 13 years · SC/ST- 15 years	· General/EWS- 10 years · OBC- 13 years · SC/ST- 15 years

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Required Educational Qualifications: RBI Assistant vs RBI Grade B

Below given are the educational qualifications required for the said posts.

Topic

RBI Grade B

RBI Assistant

Education

· 60% marks/ equivalent grade in Graduation is required for unreserved category.

· 50% marks/ equivalent grades are required for Graduation for reserved categories like SC/ ST/ PwBD)

· 10th and 12th standard exams should be passed from a recognized board.

· Some qualifications are specific to posts.

· Bachelor’s Degree in any field with at least 50% marks in the aggregate

· SC/ST/PwBD candidates are required to have a Bachelor’s Degree in any field with a minimum pass class.

· Should have a working knowledge of word processing on PC.

· Candidates who are Ex-servicemen should either be a graduate from a certified University or must have passed the matriculation or its equivalent exam of the Armed Forces and should have been at least 15 years in the service

· should be proficient in the local language of the particular state or regions falling under that office for which you are applying (i.e. know to read, write, speak and comprehend the language)

Experience

–

Post specific qualifications for RBI Group B are discussed in the table given below

Posts	Minimum Educational Qualifications 1
Officers in Grade B (DR) – (General)	Graduation in any field or Equivalent technical/professional qualification with at least 60% marks (50% if you are an SC/ST/PwBD candidate) Or Post-Graduation / Equivalent technical qualification with at least 55% marks (pass marks if you are an SC/ST/PwBD candidate) of all semesters/years in total Or
	Any full-time course from a certified Institute that is studied after 12^th standard and has a duration of at least 3 years Or professional and technical qualifications which are certified by the Government of India as equivalent to professional and technical graduation Or
	Should have passed the Final Exam for Membership of the Institute of Chartered Accountants of India Or
	Any regular course from a certified institute that can be taken after graduation and has a duration at least of 2 years and is accepted by the Government of India as an equivalent to post-graduation
2. Officers in Grade ‘B’ (DR) – DEPR	Essential:
	1) A Master’s Degree in following subjects with at least 55% marks/ equivalent grade in total for all semesters /years from a certified Indian or Foreign Institute a) Economics b) Econometrics c) Quantitative Economics d) Mathematical Economics e) Integrated Economics Course f) Finance, OR
	2) Following subjects with at least 55% marks /equivalent grade in total for all semesters /years from a recognised Indian /Foreign Institute a) PGDM b) MBA Finance OR
	3) Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.
	second class and a minimum of 50% marks /equivalent grade in total for all semesters/years in Master’s Degree exam or equivalent qualifications (for SC, ST and PwBD applicants only)
	A Doctorate Degree in Economics/ research/ teaching experience in Economics/publications in standard journals is desirable and be considered
	Aspirants having an M.Phil. Degree or Doctorate Degree from a recognized Indian or Foreign University/Institute in the stated subjects are eligible for in the upper age limit relaxation by 2 years & 4 years respectively.
	Aspirants having a Master’s Degree with Research/Teaching practice at a certified Indian or Foreign University/ Institute will be qualified for upper age limit relaxation by the number of years of experience (maximum of three years). The probationary period will not be counted when looking at years of experience.
	The age relaxations discussed above will not be cumulatively available or can be applied in combinations.
3. Officers in Grade ‘B’ (DR) – DSIM	Essential:
	1) A Master’s Degree in the following subjects with a minimum of 55% marks/ equivalent grade in total for all semesters/years · Statistics · Mathematical Statistics · Mathematical Economics · Econometrics · Statistics & Informatics (IIT-Kharagpur) · Applied Statistics & Informatics (IIT-Bombay) OR
	2) Master’s Degree in Mathematics with at least 55% marks /equivalent grade in total for all semesters/years along with a one-year postgraduate diploma in Statistics/ related subjects from a recognised Institute OR
	3) M. Stat. Degree of Indian Statistical Institute with at least 55% marks in total for all semesters /years OR
	4) Post Graduate Diploma in Business Analytics (PGDBA) cooperatively presented by ISI Kolkata, IIT Kharagpur and IIM Calcutta with at least 55% marks/ equivalent grade in total for all semesters/years.
	The minimum marks required in a Master’s Degree as in items discussed above is 50% /equivalent grade in aggregate of all semesters/ years. (For SC, ST and PwBD candidates only)
	Desirable things that can be considered as additional qualifications and will be given preference for: · Candidates with a Doctorate in topics related to the above subjects. · Research or teaching experience and publication in standard journals.
	· Applicants having M.Phil. or PhD qualification in the above-stated subjects will be entitled to upper age limit relaxation by 2 years and 4 years respectively.
	· Candidates with research/teaching experience at a certified Indian or Foreign University/Institute will be qualified for upper age limit relaxation to the extent of the number of years of experience (subjected to a maximum of three years, probationary period will not be counted as a year of experience).
	· The above age relaxations will not be available cumulatively with any kind of combinations

Application Procedure: RBI Assistant vs RBI Grade B

The table given below shows the application link and the fees required to apply for the said posts.

Posts	RBI Assistant	RBI Grade B
Application link	www.rbi.org.in	www.rbi.org.in
SC/ST/PwBD/EXS fees	Rs 50/-	INR 100/-
OBC/General/EWS fees	Rs 450/-	INR 850/-

Preliminary Examination Pattern: RBI Assistant vs RBI Grade B

The preliminary examination is conducted for both posts. The exam pattern of RBI Assistant and RBI Grade B are compared in the table below

Topic	RBI Assistant	RBI Grade B
Subjects	· English language · Numerical ability · Reasoning ability	· General Awareness · Reasoning · English Language · Quantitative Aptitude
Marks	· English language- 30 · Numerical ability-35 · Reasoning ability-35	· General Awareness- 80 · Reasoning- 60 · English Language- 30 · Quantitative Aptitude- 30
Duration	20 minutes for each subject separately	2 hours in total
Number of questions	· English language- 30 · Numerical ability- 35 · Reasoning ability- 35	· General Awareness- 80 · Reasoning- 60 · English Language- 30 · Quantitative Aptitude- 30

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Main Examination Pattern: RBI Assistant vs RBI Grade B

The pattern of the main examination of both RBI Assistant and RBI Grade B is as shown below:

Topic	RBI Assistant	RBI Grade B
Subjects	· English language · Reasoning · Numerical ability · General awareness · Computer knowledge	· Paper I: Economic & Social Issues (Objective Type) · Paper-II: English (Writing Skills- Descriptive -type with keyboard) · Paper III Finance & Management (Objective Type)
Max marks for each subject	40	100 marks for each subject
Duration	· English language- 30 min · Reasoning- 30 min · Numerical ability- 30 min · General awareness- 25 min · Computer knowledge- 20 min	90 minutes for each paper

For RBI Assistant there is a language proficiency test for the people who qualify for the main exam. No interview for RBI assistant.
RBI Grade B has an interview with a total score of 50 marks. The people who qualify in the main exam will receive the call letter for the interview. The dates concerned will be announced later.

Vacancies: RBI Assistant vs RBI Grade B

The vacancies for RBI Assistant according to the categories are as shown in the following table.

Category	Vacancies available according to notification
General	440
EWS	90
OBC	146
SC	151(2)
ST	123(46)
VI	15 (6)
HI	25 (16)
OH	18 (9)
ExS-1	40
ExS-2	90

The number given in brackets shows the number of backlog vacancies

RBI Assistant state wise vacancies are as shown in the table below

Office	RBI Assistant Vacancies
Ahmedabad	35
Bangalore	74
Bhopal	31
Bhubaneswar	31
Chandigarh	78
Chennai	66
Guwahati	32
Hyderabad	40
Jaipur	48
Jammu	12
Kanpur & Lucknow	131
Kolkata	26
Mumbai	128
Nagpur	56
New Delhi	75
Patna	33
Thiruvananthapuram & Kochi	54
Total	950 (48)

The official RBI Grade B vacancies 2022 will be disclosed along with the recruitment notification PDF which will be released soon on the official website without much delay.

The article above discusses major information regarding the selection to the posts of both RBI Assistant and RBI Grade B as given in the official notifications issued by authorities concerned. You can compare and contrast the various features like the selection process, pay scale, eligibility etc and decide which job position is a better choice for you. Download the Entri app to learn more about different national and state-level bank exams and to help you with the preparation.