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RBI Grade B 2020 Selection Process

by Ayshath Nasira
November 1, 2021
in Articles, Banking, RBI Grade B
RBI Grade Selection process
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Table of Contents

  • RBI Grade B 2020 Examination – Overview
  • RBI Grade B 2020 Selection Process

Annually RBI conducts Grade B exams for recruitment of Grade B officers in RBI. RBI Grade B exam is highly anticipated exam by aspiring candidates seeking a career in the financial sector. RBI offers an excellent pay scale and reputed job profile. The official notification of RBI Grade B 2020 exam is expected to release by the first week of May 2020.RBI is expected to recruit approximately 630 grade B officers. However, until the exam notification is released candidates can go through the 2019 Grade B examination details. It is important for the candidates to know about cut off marks and other details required. In this article we will discuss about the selection process in detail.

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RBI Grade B 2020 Examination – Overview

Post Name RBI Grade B officer
Exam Conducting Body Reserve Bank of India(RBI)
Mode of Application Online
Date of examination To be updated soon
Exam level National Level
Official website rbi.org.in
Selection process Phase-I(Prelims), Phase-II(Mains),Interview
No.of vacancy To be announced  soon
Scale of pay Rs:35,150/-

RBI Grade B 2020 Selection Process

Selection of candidates will be through ONLINE examinations ,i.e examinations will be held in two phases followed by interview.

  1. Phase – I online examination.
  2. Phase II online examination.
  3. Interview.

Phase- I online examination exam pattern

Exam will be objective type for 200 marks. As prescribed by the Board candidates have to secure minimum marks separately for each test as well as in aggregate.  Tabulated below is the exam pattern for phase-I examination.

Subject No.of Questions Total time(Minutes)
General Awareness 80 120

 

 

Quantitative  Aptitude 30
English language 30
Reasoning 60
Total marks 200

Those who secured minimum marks separately for each test, as prescribed will be shortlisted for Phase-II of the examination based on the aggregate marks obtained in Phase-I.  The minimum aggregate cut-off marks for being shortlisted for Phase-II of the examination will be decided by the Board in relation to the number of vacancies.

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Syllabus for Phase –I examination

  • General Awareness
  • English Language
  • Quantitative Aptitude
  • Reasoning.

Phase II online examination exam pattern 

Name of Paper Type of paper Time(Minutes)  Marks
Paper-I:

Economic and Social Issues

Objective type 90 100
Paper-II:

English(Writing Skills)

Descriptive, to be typed with the help of the Keyboard. 90 100
Paper-III:

Finance and Management

Objective type 90 100

Note: All question papers (in both the Phases) except the test of English will be set bilingually in Hindi and English.

Syllabus for Phase -II examination

  • Paper-I Economic and social Issues

Growth and Development, Social Structure in India, Economic Reforms in India, Globalization.

  • Paper-II English(Writing Skills)

The paper shall be framed to assess the writing skills of candidate including expression and understanding of the topic.

  • Paper-III Finance & Management

Regulators of Banks and Financial Institutions,RBI and its functions, Financial Markets,The Union Budget, Inflation, Corporate Governance in Banking Sector, Financial Inclusion, Risk Management in Banking Sector,Basics of Derivatives: Forward, Futures, and Swap, Changing Landscape of Banking sector,An alternate source of finance,Public-Private Partnership ,Private and public social cost benefit, Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments.

Click here for RBI Grade B detailed syllabus & exam Pattern

Interview

  • Based on aggregate of marks obtained in Phase-II online exam (Paper-I +Paper-II +Paper-III) candidates will be shortlisted for the interview.
  • Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID.
  • Interview will be of 50 marks. Final selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

Click here for RBI Grade B  detailed eligibility criteria.

Click here for RBI Grade B Job Profile

Click here for RBI Grade B study materials

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How you can use Entri app for your exam preparation:

  • Entri provides an online platform to help you prepare for competitive exams.
  • Download for free of cost and get access to video classes, exams and study cards with a single subscription fee.
  • You can access full length mock tests and previous year question papers

Hope you have benefited from this article. Check us for further details. Entri wishes you all the best for your upcoming exams.

RBI Grade B Exam Information Links
RBI Grade B Notification RBI Grade B Mock Test
RBI Grade B Syllabus RBI Grade B Video Course
RBI Grade B Exam Date RBI Grade B Study Materials
RBI Grade B Application Form RBI Grade B Interview Questions
RBI Grade B Vacancy RBI Grade B Job Profile
RBI Grade B Admit Card RBI Grade B Salary
RBI Grade B Study Plan RBI Grade B Preparation Tips and Tricks
RBI Grade B Previous Question Papers RBI Grade B Result
RBI Grade B Best Books RBI Grade B Cutoff
RBI Grade B Eligibility Criteria RBI Grade B Exam Analysis
RBI Grade B Answer Key
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Ayshath Nasira

Ayshath Nasira

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