SEBI Grade A vs RBI Grade B

The Security Exchange Board of India (SEBI) and Reserve Bank of India (RBI) has announced vacancies for the post of Grade A officer and Grade B officer respectively. Though both are managerial positions, let us take a look at the difference between the two. So, here is all you need to know about SEBI Grade A vs RBI Grade B.

SEBI Grade A

SEBI Grade A 2020 Prelims exam was scheduled to be held on 04th July 2020, has been postponed now. This is the third time that SEBI has extended the last date to apply for Grade A Officer due to the ongoing COVID-19 situation. The application fees are Rs.1000/- for unreserved candidates and Rs. 100/- for reserved candidates. SEBI is offering 147 vacancies for the post of the Assistant Manager for which candidates can apply online available on the official website. A Grade A Officer gets approximately Rs. 1,07,000/- per month without accommodation and Rs. 73,000/- per month with accommodation along with perks and allowances.

RBI Grade B

The application fee for General/ OBC/EWS is Rs.850/- and for reserved category it is Rs. 100/-. The staff of RBI need not pay for appearing for the exam. There is a total of 199 vacancies for various Grade B posts. The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. 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.

Comparison	SEBI Grade A	RBI Grade B
Company	Security Exchange Board of India	Reserve Bank of India
Designation	Assistant Manager	Manager
Mode of examination	Online mode	Online mode
No. of levels	Level 1 – Paper 1 and 2 2 – Paper 1 and 2 3 – Interview	Level 1 – Paper 1 2 – Paper 1 and 2 3 – Interview
Eligibility criteria	Bachelor’s Degree in Engineering/ Law, CA /CFA / CS / Cost Accountant or Master’s in any discipline.	Bachelor’s Degree in any discipline with a minimum of 60% marks.
Experience	NIL	NIL
Pay scale	Rs. 28150-1550(4)-34350- 1750(7)-46600-EB-1750(4)-53600-2000(1)-55600 (17 years).	Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400.
Probation period	2 years	2 years
Career ladder	Assistant Manager – Manager – Deputy Manager – General Manager – Chief General Manager – Executive Head	Manager – Assistant General Manager – Deputy General Manager – Chief General Manager – Principal Chief Manager – Executive Director – Deputy Governor
Posting	The HQ of SEBI is at Mumbai. Hence, the chances of getting posted there is more. Other than that, the postings will be at metropolitan cities.	The HQ of RBI is at Mumbai. Hence, the chances of getting posted there is more. Other than that, the branches are at metropolitan cities. So, the postings can be expected there.

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Here is all you need to know about the difference between SEBI Grade A officer and RBI Grade B Officer. We hope you found it useful. Prepare well for the exams and ace it. Good luck!