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The RBI (Reserve Bank of India) hosts the RBI Grade B recruitment process every year. RBI Grade B 2024 short notice has been released on 19th July 2024. This year the recruitment process aims to fill 94 vacant posts of General, DEPR & DSIM officers. To be eligible for RBI Grade B 2024, candidates must satisfy the age limit, educational qualifications, and other criteria outlined in the notification PDF. The aspirants who are willing to apply for the RBI Grade B recruitment 2024 can go through this article.
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RBI Grade B Notification 2024: Overview
| Conducting Authority | Reserve Bank of India |
|---|---|
| RBI Website | www.rbi.org.in |
| RBI Posts | Grade B Officer |
| Mode of Application | Online |
| Stages of Exam |
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| Maximum Marks & Time Duration |
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RBI Grade B Notification 2024: Important Dates
In the detailed newspaper advertisement that came out on 19th July 2024, the RBI Grade B notification 2024’s release date along with exam dates have been provided.
The RBI notification 2024 will be out on 25th July 2024. While the Phase I exam will commence on 08th September 2024, and Phase II exam will be held on 19th October 2024.
To give you a comprehensive overview, I have provided the exam dates for RBI Grade B 2024 in the table below.
| RBI Grade B Exam Dates 2024 | |
|---|---|
| 2024 Events | Dates |
| Release date of RBI Newspaper Notification | 19th July 2024 (Newspaper Cut Out) |
| Release of RBI Grade B 2024 Notification | 25th July 2024 |
| RBI Grade B 2024 Online Registration | 25th July 2024 – 16th August 2024 |
| Release of 2024 Prelims Admit Card | TBA |
| RBI Grade B 2024 Exam Date for General Phase–I | 08th September 2024 |
| RBI Grade B 2024 Exam Date for DEPR/DSIM Phase 1 | 14th September 2024 |
| Release of RBI Grade B 2024 Phase-I Result | TBA |
| Release of RBI Grade B 2024 Phase-II Admit Card | TBA |
| RBI Grade B 2024 Exam Date Phase-II General (DR) | 19th October 2024 |
| RBI Grade B 2024 Exam Date Phase-II DEPR/DSIM | 26th October 2024 |
| Release of RBI Grade B 2024 Phase-II (General) Result | TBA |
| RBI Grade B 2024 Interview Dates | TBA |
| RBI Grade B Final Result Declaration | TBA |
| RBI Grade B Final Cut Off Date | TBA |
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RBI Grade B Notification 2024 Out
1: What does the acronym "ATM" stand for in banking?
Reserve Bank of India (RBI) has released the advertisement notification pdf on the official website for the position of Grade B Officer Examination for General, DERP and DSIM departments with category wise vacancy details, exam dates and registration dates. Interested and eligible candidates for RBI Grade B 2024 exam must go through all the details before applying for RBI Grade B Recruitment 2024. The direct link to download RBI Grade B Notification 2024 pdf is below, click on the link and all Description.
RBI Grade B Online Application Form 2024
Once the RBI Grade B 2024 Notification PDF is released on 25 July 2024, the apply online link will be activated on the RBI official portal. Candidates can register using mobile number and valid email address on RBI’s official website www.rbi.org. Candidates can apply online till 16th August 2024(till 06pm). The application will be accepted only on payment of the prescribed fee as mentioned in the RBI Grade B 2024 notification. Candidates will be notified when the RBI Grade B 2024 Apply Online Link will be made available.
RBI Grade B 2024 Apply Online Link (Will Be Activated On 25 July 2024)
RBI Grade B Notification 2024: Vacancy
A total of 94 vacancies were announced for the RBI Grade B (DR) generalist category in the RBI Grade B Notification for the previous cycle. You can check the expected vacancies for the RBI Grade B 2024 exam here.
RBI Grade Officer B Recruitment 2024 : Vacancy Details Total : 94 Post |
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Post Name |
Total Post |
RBI Officers Grade B Eligibility |
||
|
Officers Grade B General |
66 |
|
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|
Officers Grade B DEPR |
21 |
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Officers Grade B DSIM |
07 |
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RBI Grade B Notification 2024 – Salary
We have tabulated the RBI Grade B officer’s monthly salary here. Please take a look. As per the recent salary revision in the RBI Grade B Salary, the basic pay has become Rs 55,200/- per month on the scale of Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years) and the gross monthly emoluments will stand at Rs 1,16,914 Lakhs approx.
RBI Grade B Salary Structure 2024
Check out the salary overview in the table below:
| Particulars | Salary Structure |
| RBI Grade B Officer’s Basic Pay | Rs 55,200/- p.m. |
| Payscale for an RBI Grade B Officer | Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years) |
| RBI Grade B Salary – Allowances Given | i. Dearness Allowance, ii. Local allowance, iii. House Rent Allowance, iv. Family allowance and v. Grade Allowance |
| Gross Monthly emoluments | Rs 1,16,914 approximately. |
The RBI Grade B in-hand salary is Rs 80,000/- (approximately). Although the RBI Grade B officer’s basic pay is Rs 55, 200 per month and the gross monthly emoluments are Rs, 1,16,914 but they keep getting other perks and allowances in different forms.
RBI Grade B Notification 2024: Eligibility criteria
RBI Grade B 2024 Qualification:
To apply online for RBI Grade B 2024 posts, one must have a bachelor’s degree from a UGC recognized institute. For DEPR and DISM the qualifications are different.
RBI Grade B 2024 Age Limit:
The applicant’s should be between 21 and 30 years as on the date of cut off. There will be upper age relaxation of 3 and 5 years for OBC and SC/ST.
RBI Grade B Age Relaxation
The upper age limit extension for RBI Grade B exam aspirants is as mentioned below:
| Category | Relaxation |
| SC/ST | 5 years |
| OBC | 3 years |
| Ex-Servicemen | 5 years |
| ECOs/SSCOs | 5 years |
| PwD | 10 years (Gen/EWS) 13 years (OBC) 15 years (SC/STs) |
| Experienced Candidates – Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBI | The upper age limit should not exceed 33 years including experience |
| Ex-employees of banks going into termination and/or liquidation/ personnel retrenched from Govt Offices with at least 1 yr service | 5 years |
| Candidates with M.Phil | 2 years |
| Candidates with PhD | 4 years |
Number of attempts in RBI Grade B Exam
The Reserve Bank of India has a specified the minimum number of attempts for each category. Check the number of attempts category wise below.
- General Category aspirants:6 Attempts,
- SC/ ST/ OBC/ PWD aspirants:No bar on number of attempts.
RBI Grade B Selection Process 2024
The selection process for Grade B post under Reserve Bank of India consists of three stages which are Phase 1 ( Pre ) , Phase 2 ( Mains) , and Interview.
Phase 1 ( Objective ) :
The Phase 1 of the RBI Grade B is the same for both DR General and DEPR/ DSIM. This will be a computer based test. You’ll find that there is both sectional cutoff and the overall cutoff required to clear the paper. Furthermore, the sectional cutoff will remain same as last year, will be notified along with notification.
| Mode | Online |
| Duration | 2 hours |
| Subjects | Reasoning |
| General Awareness | |
| English Language | |
| Quantitative Aptitude | |
| Total Marks | 200 |
| Marking Scheme | Negative marking of 1/4 marks for wrong answers |
Phase 2 ( Objective + Descriptive) :
Phase 2 will also be a Computer Based test. However it is different for both DR and DEPR/ DSIM posts. So make sure to check the syllabus in the official notification before applying.
General (DR) Posts:
| Paper | Paper 1 – Economic and Social Issues |
| Test Type | 50% Objective Test (30 MCQ Questions), 50% Descriptive Test (6 descriptive questions, out of which 4 have to be answered) |
| Total Marks | 100 (50 for each section) |
| Duration | 90 minutes for objective, 90 minutes for descriptive |
| Paper | Paper 2 – English (Writing Skills) |
| Test Type | Descriptive Test |
| Total Marks | 100 |
| Duration | 90 minutes |
| Paper | Paper 3 – Finance and Management |
| Test Type | 50% Objective Test (30 MCQ Questions), 50% Descriptive Test (6 descriptive questions, out of which 4 have to be answered) |
| Total Marks | 100 (50 for each section) |
| Duration | 120 minutes |
DEPR & DSIM Posts:
| Paper | Paper 1 – Economic and Social Issues |
| Test Type | 50% Objective Test (30 MCQ Questions), 50% Descriptive Test (6 descriptive questions, out of which 4 have to be answered) |
| Total Marks | 100 (50 for each section) |
| Duration | 90 minutes for Objective, 90 minutes for Descriptive |
| Paper | Paper 2 – English (Writing Skills) |
| Test Type | Descriptive Test |
| Total Marks | 100 |
| Duration | 90 minutes |
| Paper | Paper 3 – Statistics |
| Test Type | 50% Objective Test (30 MCQ Questions), 50% Descriptive Test (6 descriptive questions, out of which 4 have to be answered) |
| Total Marks | 100 (50 for each section) |
| Duration | 120 minutes |
Interview:
The interview for the RBI Grade B will have 75 marks. The selection process will consist of a psychometric test preceded by an interview and it will be qualifying in nature which means the marks will not be counted in the final cutoff. It would be an option to make an establishment in Hindi or English at the final stage of the selection process.
RBI Grade B Application Fee
Aspirants can check the category-wise Application Fee for the RBI Grade B 2022 in the table given.
- For Officer Grade B –
- General, OBC, EWS: Rs. 850/-
- SC, ST Candidates: Rs. 100/-
- For Assistant Manager –
- General, OBC, EWS: Rs. 600/-
- SC, ST Candidates: Rs. 100/-
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RBI Grade B 2024: Exam Pattern
RBI Grade B 2024 Exam will be conducted in three phases:
- Phase-I or Prelims;
- Phase-II or Mains
- Interview
Aspirants are required to clear all three phases to get a confirmed post as an RBI Grade B Officer in the Reserve Bank of India. The Final merit list will be based on aspirants’ performance in the main exam and interview round.
RBI Grade B 2024 Exam Pattern
Prelims Exam Pattern
- The RBI Grade B Prelims exam will be held for200 marks with a total time duration of 2 hours
- There will be a specific sectional duration which will be announced in the admission letter.
- There will 4sections
| Subject | Questions | Marks | Duration |
| · General Awareness
· English Language · Quantitative Aptitude · Reasoning |
200 | 200 | 2 hours (120 minutes) |
| Total | 200 | 200 | 2 hours |
Mains Exam Pattern
The aspirants who qualify for the Prelims will be eligible to appear for the Phase 2 exam.
- There are 3 papers in the main exam.
- For RBI Grade B Officers in Gr B (DR)- General, aspirants have to appear for Paper I, II, and III.
- For RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, aspirants have to appear for Paper-II, and III.
- Paper I & III are 50% Objective and50 % descriptive while Paper- II is 100% Descriptive only.
- Each paper will be of 100 marks.
- The English paper is a descriptive test.
| Paper | Format | Duration | Marks |
| Paper-I
Economic & Social Issues |
Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 | |
| Paper-II
English (Writing Skills) 3 Questions |
Descriptive | 90 Minutes | 100 |
| Paper-III
Finance and Management |
Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 |
RBI Grade B Officer Interview
Aspirants will be selected for the interview, based on aggregate marks obtained in Paper-I, Paper-II, and Paper-III of the mains exam. The interview Process will carry 50 marks.
RBI Grade B Syllabus 2024
RBI Grade B Phase-I Syllabus
| Subjects | Topics |
| English | Grammar
Vocabulary Error Spotting Comprehension Passage Making Jumble words Fill in the blanks Sentence Framing |
| Quantitative Aptitude | Mensuration
Time and Work Average, Ratio, Percentages Speed, Distance and Time Mixture and Allegations Permutation and Combination Data Interpretation Probability |
| Reasoning | Puzzles
Seating Arrangement Directions and Distance Data Sufficiency Blood Relations Syllogism Coding-Decoding Inequality |
| General Awareness | Banking & Financial Awareness
Monetary Policies Economic Terms Current Affairs Financial & Economics News Static GK Government Schemes, Agreement & Deals Banking terms, rates, processes |
RBI Grade B Phase-II Exam Syllabus
| Papers | Topics |
| Paper-I: Economic and Social Issues | Growth and Development
Measurement of growth: National Income and per capita income Sustainable Development and Environmental issues Poverty Alleviation and Employment Generation in India Economic Reforms in India Industrial and Labour Policy Monetary and Fiscal Policy IMF and World Bank WTO Regional Economic Cooperation Social Structure in India Multiculturalism Demographic Trends Urbanization and Migration Gender Issues Privatization Role of Economic Planning Globalization Balance of Payments Export-Import Policy Opening up of the Indian Economy International Economic Institutions Social Justice: Positive Discrimination in favour of the underprivileged Social Sectors in India Social Movements Indian Political System Human Development Health, and Education. |
| 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:
Financial System Regulators of Banks and Financial Institutions Banking System in India Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc, Financial Markets Primary and Secondary Markets Risk Management in Banking Sector Reserve Bank of India- functions, and conduct monetary policy Basics of Derivatives: Forward, Futures, and Swap Changing Landscape of Banking sector Recent Developments in the Financial Sector Portfolio Investment Public Sector Reforms Role of e-governance in addressing the issues of corruption and inefficiency in the government sector The Union Budget Direct and Indirect taxes Non-tax sources of Revenue GST Thirteenth Finance Commission and GST Finance Commission Fiscal Policy Fiscal Responsibility and Budget Management Act (FRBM) Disinvestments Financial Inclusion- use of technology Alternate source of finance Private and social cost-benefit Public-Private Partnership Corporate Governance in Banking Sector Inflation: Definition Trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends. Management: its nature and scope: The Management Processes; Planning, Organisation, Staffing, Directing, and Controlling The Role of a Manager in an Organisation Leadership: The Tasks of a Leader; Leadership Styles Goals of HRD Performance Appraisal, Potential appraisal, Leadership Theories A successful Leader versus an effective Leader Human Resource Development Concept of HRD and development Feedback and Performance Counselling Career Planning Training and Development Rewards Employee Welfare. Motivation, Morale, and Incentives: Theories of Motivation How Managers Motivate Concept of Morale Factors determining morale Role of Incentives in Building up Morale. Communication: Steps in the Communication Process Communication Channels Oral versus Written Communication Barriers to Communication Role of Information Technology Verbal versus non-verbal Communication upward, downward and lateral communication. Corporate Governance: Mechanisms of Corporate Governance Factors affecting Corporate Governance. |
RBI Grade B Exam Centres 2024
RBI Grade B Phase I Exam Centres
| State /UT | RBI Grade B Centre |
| Andaman & Nicobar | Port Blair |
| Andhra Pradesh | Guntur
Kakinada Tirupati Chirala Kurnool Nellore Vijayawada Rajahmundry Vizianagaram Visakhapatnam |
| Arunachal Pradesh | Naharlagun city |
| Assam | Dibrugarh
Guwahati Jorhat Silchar Tezpur |
| Bihar | Bhagalpur
Darbhanga Muzaffarpur Patna |
| Chandigarh | Chandigarh- Mohali |
| Chhattisgarh | Raipur Bhilai Bilaspur (CG) |
| Daman & Diu | Rajkot |
| Goa | Panaji |
| Gujarat | Ahmedabad
Anand Mehsana Gandhi Nagar Rajkot Surat Vadodara |
| Haryana | Ambala
Hissar Kurukshetra Karnal |
| Himachal Pradesh | Hamirpur
Solan Shimla |
| Jammu & Kashmir | Jammu |
| Ladakh | Leh |
| Jharkhand | Bokaro
Dhanbad Hazaribagh Jamshedpur Ranchi |
| Karnataka | Bengaluru
Gulbarga Hubli Mangalore Mysore Shimoga Udipi |
| Kerala | Kannur
Kochi Alappuzha Kottayam Kozhikode Malappuram Trichur Palakkad Thiruvananthapuram Kollam, |
| Lakshadweep | Kavaratti |
| Madhya Pradesh | Bhopal
Gwalior Indore Jabalpur Sagar Ujjain |
| Maharashtra | Amravati
Aurangabad Jalgoan Kolhapur Mumbai / Navi Mumbai / Thane Nagpur Nasik Pune |
| Manipur | Imphal |
| Meghalaya | Shillong |
| Mizoram | Aizawl |
| Nagaland | Kohima |
| New Delhi | Delhi-NCR
Delhi, Ghaziabad Noida & Greater Noida Faridabad Meerut Gurugram |
| Orissa | Balasore
Berhampur (Ganjam) Bhubaneswar Cuttack Rourkela Sambalpur |
| Puducherry | Puducherry |
| Punjab | Amritsar
Bhatinda Jalandhar Ludhiana Mohali Patiala |
| Rajasthan | Ajmer
Bikaner Jaipur Jodhpur Kota Udaipur |
| Sikkim | Gangtok-Bardang City |
| Tamilnadu | Chennai
Coimbatore Erode Madurai Virudhunagar Salem Namakkal Thiruchirapalli Tirunelvelli, |
| Tripura | Agartala |
| Uttar Pradesh | Agra
Allahabad Aligarh Bareilly Gorakhpur Jhansi Kanpur Lucknow Meerut Moradabad Muzzafarnagar Varanasi |
| Uttarakhand | Dehradun
Haldwani Roorkee City |
| West Bengal | Asansol
Kolkata Greater Kolkata Hooghly Kalyani Siliguri |
RBI Grade B Phase II Exam Centres
| Ahmedabad – Gandhi Nagar | Jammu |
| Bengaluru | Kanpur |
| Bhopal | Kochi |
| Bhubaneswar | Lucknow |
| Kolkata | Mumbai- Navi Mumbai |
| Chandigarh- Mohali | Nagpur |
| Chennai | New Delhi- NCR |
| Guwahati | Patna |
| Hyderabad | Pune |
| Jaipur | Thiruvananthapuram |
| Raipur | – |
RBI Grade B 2024 Admit Card
The admit card will be published by the authorities of the Reserve Bank of India after the candidates will be selected for the preliminary stage or the main stage of the entrance examination. The candidates can download the admit card from the official website of the organisation easily as soon as it is published. The admit card will be available in a PDF format and you will be able to download the admit card as soon as possible. The candidates will have to enter their personal information in order to download the admit card as soon as possible from the official website of the organisation.
Click here to attempt a free mock test to ace your RBI Grade B 2024 Preparations
RBI Grade B 2024 Answer Key
There will be two answer keys which will be published by the concerned authorities of the Reserve Bank of India and the candidates will at least have to wait one week after the conclusion of the entrance examination in order to download the answer key as soon as possible.
RBI Grade B final answer key can be downloaded after all of the procedures related to the provisional answer key also done by the concerned authorities of the Reserve Bank of India and all of the candidates will be able to check the total number of marks that they will be getting in the entrance examination by downloading the answer keys. RBI Grade B mains answer key and RBI Grade B prelims answer key will be available separately for all of the candidates.
RBI Grade B 2024 Cut Off
Cut off marks is very important for candidates as it will decide their eligibility for the next phase. The cut-off marks are set by considering the following factors- Difficulty level of question paper, Number of candidates who attended the exam, Depending on the average mark scored by all the candidates in the exam, Number of vacancies.
The candidates will be promoted to the next step of the selection procedure by taking into consideration the cut off marks published by the authorities of the Reserve Bank of India. The candidates will have to download the cut off marks list according to the various categories of the candidates who have participated in the entrance examination. The cut off marks list is prepared based upon various factors related to the entrance examination.
Click here to attempt a free mock test to ace your RBI Grade B 2024 Preparations
RBI Grade B 2024 Result
Reserve Bank of India conducted the Grade B examination for the recruitment of eligible candidates to certain different posts in the bank. The results of the examination are published through the official website of the Reserve Bank of India. Candidates who have appeared for the interview round can check their eligibility through the official website by providing the necessary credentials.
The Reserve Bank of India will be published in the result for the entrance examination conducted by them on their official website but the candidates will have to wait at least one month after giving the entrance examination to check the result from the official website.
The result will consist of all of the important details related to the performance of the candidates in the entrance examination and you must download the result as soon as possible in order to check whether or not you will be going to the second stage of the selection procedure. The final result will be published by the authorities after all of the selection stages are successfully concluded.
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