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The National Bank of Agriculture and Rural Development (NABARD) is the Apex Banking body responsible for the development of the rural populace. It provides credit and other financial services to the rural population. It has established itself in the Banking sector of India and it’s only fitting that a lot of the youth have aspirations to work as a part of NABARD. However, it is this demand for the job that has made its selection process very competitive. The vacancies available are not much, but with the right guidance and preparation, it won’t be a hurdle. The Entri App provides various services for students aspiring to get a job in NABARD. With hours of Video lectures and Mock Tests for practice, the Entri App will make you more than capable of competing for the top spot.
There are two Grades namely NABARD Grade A and NABARD Grade B. NABARD Grade A is for the post of Assistant Manager whereas NABARD Grade B is for the post of Manager. But their differences go far beyond just the title of the job. I have prepared for you a guide to know the difference between NABARD Grade A and NABARD Grade B.
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Differences of NABARD Grade A and Grade B
Exam Pattern and Syllabus
The Exam Pattern of NABARD Grade A is divided into 3 stages. It includes the Prelims Exam, the Mains Exam and the Interview Stage.
The Syllabus for all three stages are available on the Entri Blog, click here to read. The function of the Prelims is to serve as a screening test. The vacancies are earmarked discipline wise and so the merit list is also prepared similarly.
If selected for the Mains, you will need to write two papers. One is for aspirants of all posts and the other is for a specific post. The first paper is a paper on General English and primarily exists to gauge your language skills. It is a descriptive paper. One of the papers’ is for a general post and the paper will center around Economic, Social Issues, Agriculture and a large emphasis on rural India. The other paper is for specific posts and the paper will center around post-related topics. Students need to write one of these.
The final stage is the Interview Stage. Its weightage is of 25 marks so it is crucial that you do well here. Click here to learn tips and tricks for Bank Interview.
The NABARD Grade B Exam pattern is divided into 3 stages too. The Prelim Exam syllabus is the same as the NABARD Grade A syllabus. The Mains however has 3 papers. The first paper is General English and is descriptive in nature. The second paper revolves around Economic and Social Issues while also having parts in reference to agriculture with an emphasis on rural India. The third paper places emphasis on Economics, Statistics, Finance and Management.
Finally, there is the Interview process. Do not take it lightly as it could make or break your chances at qualifying for the post.
Salaries and Pay
- NABARD Assistant Managers (Grade A post) have a basic salary of Rs.28150/- p.m. in the scale of 28150-1550(4) -34350-1750(7) – 46600 –EB – 1750(4)- 53600-2000(1)-55600.
At present, initial monthly gross emoluments stand at approximately Rs. 61,000/- p.m.
- NABARD Grade B Officers have a basic salary of 35150/- p.m. within the scale of 35150 – 1750 (9) – 50900 – EB – 1750(2) – 54400 – 2000 (4) – 62400.
At present, initial monthly Gross emoluments stand at approximately Rs. 66,864/- p.m.
Perks and Allowances
- Both NABARD Grade A and Grade B posts have the same perks and allowances.
- Bank’s accommodation subject to availability.
- Reimbursement of expenses for maintenance of the vehicle for official purpose, newspaper, internet, telephone charges, book grant, allowance for the furnishing of residence, etc. as per eligibility.
- Free dispensary facility besides reimbursement of medical expenses for OPD treatment/ hospitalization as per eligibility.
- Interest-free festival advance, Leave Travel Concession (once in two years for self, spouse and eligible dependents).
- Loans and Advances at concessional rates of interest for Housing, Car, Education of children, Consumer articles, Personal computer, etc.
- Candidates selected for the post will be governed by “the defined contribution to the New Pension Scheme (NPS)” in addition to the benefits of Gratuity and Optional Group Term Insurance Plan.
- At certain centers, the limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all centers.
- But a Grade B post gets a tad bit higher allowance.
Job Profile
Grade A Post Job Profile
The post of Assistant Manager is the lowest in the hierarchy of managerial posts.
The probation period is of 2 years, which may be further extended for a maximum of 1 year at the discretion of the bank.
Since there is no specified work profile of an Assistant Manager, a lot of multitasking has to be done.
Any work assigned by Chief General Manager of RO is to be carried out.
An Assistant Manager has to work on various policies and programs mandated by Central/State Governments related to Agriculture and Rural Development.
Although one is liable to be posted anywhere in India, the postings are generally limited to state capitals only. Moreover, as per the HR policy home state postings are not allowed.
Grade B Post Job Profile
The post of Manager is the next post in the hierarchy to Assistant Manager.
A manager is entrusted with the responsibilities which include maintaining customer relationships, monitoring the accounting procedures, approving loans, enabling smooth functioning of the office, coordinating with various departments and facilitating inter-departmental assignments. It is a very demanding job which requires lots of patience. If you think you are up to it then begin your preparations on the Entri App today.
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Conclusion
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