RBI Grade B EXAM 2024: Eligibility, Application Form, Exam Pattern, Syllabus, Admit Card & Result
Updated On - Sep 10, 2024
Shubham
RBI Grade B 2024 Recruitment: Every year Reserve Bank of India (RBI) conducts RBI Grade B Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As Reserve Bank of India offers an excellent pay scale and reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancy to be filled through RBI Grade B Exam, it is really important to prepare effectively for this exam. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview.
Latest updates:
Reserve Bank of India (RBI) has released the official notification for the post of RBI Grade B Officer Exam on the employment news to recruit 322 posts of Officers. It will be an excellent opportunity for the graduates who are looking for an opportunity in Reserve Bank of India (RBI). RBI Grade B 2024 exam has a three phase selection process. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process.
Table of Contents
- RBI Grade B Exam Highlights
- RBI Grade B Exam Important Dates
- RBI Grade B Exam Vacancy
- RBI Grade B Exam Eligibility Criteria
- RBI Grade B Exam Application
- RBI Grade B Exam Pattern
- RBI Grade B Exam Syllabus
- RBI Grade B Job Profile
- RBI Grade B Salary
- RBI Grade B Cutoff
- RBI Grade B Exam Admit Card
- RBI Grade B Exam Preparation Strategy
- RBI Grade B Exam Result
- FAQs
RBI Grade B Exam Important Highlights
| Exam Name | RBI Grade B |
| Conducting Body | Reserve Bank of India |
| Exam Level | National |
| Name of the Posts | Officers in Grade B (DR)- General- PY 2024
Officers in Grade B (DR)- DEPR PY 2024 Officers in Grade B (DR)- DSIM PY 2024 |
| Selection Process | Phase I
Phase II Interview |
RBI Grade B Exam Important Dates
Phase I
Sat, 6 Mar, 2024
Phase II
31 Mar 2024, 1 Apr 2024
RBI Grade B Vacancy 2024
Reserve Bank of India (RBI) has announced the total number of vacancies for RBI Grade B 2024 exam along with its Official Notification. This year, RBI introduced 322 vacancies. Last year, the total number of vacancies was 199. Let's have a look at the vacancy for RBI Grade B 2020 Exam.
| Serial Number | Posts | Vacancy |
|---|---|---|
| 1 | Officers in Grade ‘B’(DR)- General | 270 |
| 2 | Officers in Grade ‘B’(DR)- DEPR | 29 |
| 3 | Officers in Grade ‘B’(DR)- DSIM | 23 |
| Total | 322 |
RBI Assistant 2024 Eligibility
Nationality
- A Citizen of India
- The subject of Nepal or Bhutan
- Tibetan refugee who is permanently settled in India prior to January ,1962
- Person of Indian origin who has migrated from either Pakistan, Sri Lanka, Burma, Vietnam, Ethiopia, Kenya, Malawi, Tanzania, Zaire, or Zambia with the intention of residing in India permanently.residing in India permanently.
Age limit
RBI Grade B Age Limit (As on 1st of January 2024): RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2024. Candidates must have been born not earlier than 2nd January 1991 and not later than 1st January 2000. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.
RBI Grade B Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
| Category | Age Relaxation |
|---|---|
| Scheduled Caste/Scheduled Tribe (SC/ST) | 5 years |
| Other Backward Classes(OBC) | 3 years |
| PH + OBC | 13 years |
| PH + SC/ST | 15 years |
Educational Qualification
- Officers in Grade ‘B’ (DR)–(General): Minimum 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations. Minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years
- Officers in Grade ‘B’ (DR)–DEPR: A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR 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 recognized Indian or Foreign University /Institute.
- Officers in Grade ‘B’ (DR)–DSIM: Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade (aggregate of all semesters/years) OR Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from a reputed Institute OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (aggregate of all semesters/years) OR Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.
RBI Grade B Exam 2024 Number of attempts
The RBI has specified the number of attempts for each category. Check the number of attempts category wise below.
- General Candidates: 6 Attempts,
- SC/ ST/ OBC/ PWD Candidates: No bar on number of attempts
Steps to Apply Online for RBI Assistant 2024?
RBI Grade B Exam 2024 Application Fee:
It is mandatory for all the applicants to pay the application fee in order to successfully submit the application form. The RBI Grade B application fee should be paid through a credit/debit card or using net banking. Below is the category-wise application fee to be paid while submitting the RBI Grade B form.
OBC/GENERAL/EWS - Rs.850/-
SC/ST/PWD - Rs.100/-
RBI Grade B 2024: Steps To Apply
It is advised that the candidates keep a valid and active email id and contact no. throughout the RBI Grade B Recruitment Process to receive all the updates related to it. The Steps to apply online for the RBI Grade B will comprise of two stages: || Registration | Login || The steps to apply online is given below.
- Click on the link given above once it is active or goes to the official website rbi.org.in.
- Separate links for Online applications for Gr B (DR) General and Online applications for DEPR/ DSIM would be displayed.
- For fresh registration, choose the tab “Click here for New Registration” and enter the Important details asked.
- A Registration Number and Password will be generated by the system.
- An Email & SMS is sent to the registered email ID and a Mobile number containing the Registration number and Password.
- Log in with the Registration number and Password and fill in all the important details asked there.
- Upload scanned copy of recent photograph and signature, left-hand thumb impression, and a handwritten declaration.
RBI Grade B 2024: Exam Pattern
RBI Grade B 2024 Exam is a three phrase process that includes:
- Preliminary Exams
- Mains Exam
- Language Proficiency Test
Candidates are required to clear all three phases to get a confirmed post as a Grade B Officer in the Reserve Bank of India. The Final merit list will be based on candidates’ performance in the main exam and interview round.
Prelims Exam Pattern
- The RBI Grade B Prelims exam will be of 200 marks with a total time duration of 120 minutes.
- There will be a specific sectional duration which will be mentioned in the admission letter.
- There will mainly be four sections
| Subject | Questions | Maximum Marks | Duration |
|---|---|---|---|
|
200 | 200 | 120 min |
| Total | 200 | 200 | 2 Hours |
RBI Grade B Exam Pattern For Mains Exam
The candidates who qualify for the Prelims will be eligible to appear for the mains exam or Phase 2.
- There are three separate papers in the main exam.
- Each paper will be of 100 marks.
- The English paper is a descriptive test.
| Paper | Format | Duration | Marks |
|---|---|---|---|
| Paper-I
Economic & Social Issues |
Objective
Descriptive |
30 mins
90 mins |
50
50 |
| Paper-II
English (Writing Skills) |
Descriptive | 90 Minutes | |
| Paper-III
Finance and Management |
Objective
Descriptive |
30 Minutes
90 Minutes |
50
50 |
RBI Grade B Syllabus 2024
RBI Grade B Syllabus 2024 Phase I For General (DR)
The RBI Grade B Syllabus for General (DR) Phase I of four sections is given in the table below. The four sections are:
- Reasoning
- Quantitative Aptitude
- General Awareness
- English Language
| Reasoning | Quantitative Aptitude | English Language | General Awareness |
|---|---|---|---|
|
|
|
|
RBI Grade B Syllabus 2024 for Phase-II Exam:
| Economic and Social Issues | Finance | Management |
|---|---|---|
|
|
|
Apart from the above mentioned three sections in Mains Exam, an additional section of English (Written Skills) is also present through which a candidate is tested for his/her writing skills.
RBI Grade B DSIM Syllabus 2024
| Paper I: Statistics | Probability
Definition of Probability Standard distribution Large and small sample theory Analysis of Variance Estimation Testing of Hypotheses Multivariate analysis Stochastic Processes |
| Paper-II: Statistics | Probability and Sampling
Linear Models and Economic Statistics Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test Stochastic Processes Multivariate analysis Numerical Analysis and Basic Computer Techniques |
| Paper III: English | The English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic. |
RBI Grade B DEPR Syllabus 2024
| Paper I: Economics | based on Master’s Degree examination in Economics |
| Paper-II: Economics | based on Master’s Degree examination in Economicss |
| Paper III: English | The English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic. |
RBI Grade B Job Profile
After finishing the probationary period officers will be then posted in their respective departments such as DR, DEPR, and DSIM. The typical working hours of an officer will be 9 to 5 with 5 working days a week. The usuals job profile of an RBI Grade B officer is as follows:
- Handing the Currency Issue and its Circulation: This includes the management of currency and ensuring its proper circulation and exchange.
- Ensuring the Nation’s Financial Stability: This includes maintaining the cash inflow and maintenance of the order of the bank by ensuring an adequate supply of liquidity of the productive sector of the country.
- Handling Government and Central Bank Accounts: This includes activities like managing various state and central government accounts by doing the merchant banking functions for them.
- Post-retirement, RBI Grade B officers may also get to work with some of the reputed organizations like the World Bank, IMF, and so on.
RBI Grade B Salary Structure
Basic Pay - ₹ 35,150/-
Payscale -₹35150-1750
(9)-50900-EB-1750(2)-54400-2000 (4)-62400 – 19000 – 1200(6) – 26200 – 1300(2) – 28820 – 1480(3) – 33240 – 1750(1) – 34990(20 years)
Gross pay - Rs.32,429 per month
Salary in-hand - ₹53,740/-
RBI Grade B Perks and Allowances
There are so many benefits and allowances that RBI Grade B officers enjoy apart from the salary. Some of them are as follows:
- Well Furnished Bank Accommodation
- Dearness Allowance
- Medical Allowance
- Fuel Allowance
- Leave Fare Concession
- Family Allowance
- House Rent Allowance
- Tour Allowance
- Grade Allowance
- Local Allowance
RBI Grade B cut off 2024
How to check RBI Grade B cut off 2024 marks?
The steps to check the cut off marks of RBI Grade B are explained below:
- Visit the official website
- In the home page, candidates will find the link to check the cut off marks
- Open the link, the cut off will be displayed on the screen
- Check the cut off marks
RBI Grade B 2024 Cutoff for Phase-I
Section-wise
| Sections | General | EWS | OBC | SC |
|---|---|---|---|---|
| General Awareness | 16.00 | 16.00 | 12.00 | 10.25 |
| Reasoning | 12.00 | 12.00 | 9.00 | 7.25 |
| English Language | 6.00 | 4.50 | 4.50 | 3.75 |
| Qualitative Aptitude | 6.00 | 4.50 | 4.50 | 3.75 |
Overall cutoff marks
| Category | Cutoff Marks(Out of200) |
|---|---|
| General | 66.75 |
| EWS | 66.75 |
| OBC | 63.75 |
| SC | 53.50 |
| ST | 52.75 |
| PwBD | 52.75 |
RBI Grade B 2024 Exam Admit Card
To download his/her RBI Grade B Admit Card 2024, a candidate must have:
- Registration ID and Date of Birth/Password
- Roll Number and Date of Birth/Password
By filling in the above mentioned requisites candidates will be directed to the page of RBI Grade B Admit Card 2024. A candidate must download his/her RBI Grade B admit card, take a print out of the same and carry it to the venue of examination as a proof for his/her eligibility for the examination.
Do's and Dont's while downloading RBI Grade B Mains Admit Card 2024
On downloading the RBI Grade B Mains Admit Card, one must ensure that the information mentioned on the Admit Card is accurate.
Check the Venue and Time of RBI Grade B Mains 2024 Exam after you have downloaded the Admit Card for the same.
Safekeeping of Admit Card is essential to avoid any hassle during the examination.
Check the photo and signature on the Admit Card. Make sure, it must = not smeared at any cost before the commencement of examination.
Read all the guidelines mentioned on the RBI Grade B Admit Card carefully and follow them during examination to avoid any trouble
RBI Grade-B Books for Phase-1
The book list for each subject is given below.
- Logical Reasoning
- Verbal and Non-Verbal Reasoning by R.S. Aggarwal
- Analytical Reasoning by M.K. Pandey
- English Language
- Word Power Made Simple by Norman Lewis
- Objective General English by S.P. Bakshi
- High School Grammar and Composition by Wren and Martin
- Quantitative Aptitude
- Magical Book on Quicker Maths by M. Tyra
- How to Prepare for Quantitative Aptitude for CAT written by Arun Sharma
- Quantitative Aptitude for Competitive Examinations written by R.S. Agarwal
- Banking Awareness
- Banking Awareness by Arihant Experts
- Banking Awareness for SBI and IBPS Bank Clerk/PO/RBI Exams/RRB by Disha Experts
RBI Grade B Books for Phase 2
The book list for RBI Grade B books for the phase 2 exam is given below:
1. Economic and Social Issues
Books:
Indian Economy: Uma Kapila (Series of Books)
Indian Economy: Mishra Puri. (Latest Edition)
Growth And Development: Devraj Ray
Sociology: C.N. Shankar Rao
Other Prep Material
Magazines/Bulletins:
Economic and Political Weekly
Southern Economist
Yojana
Business India
RBI Bulletins
Newspapers:
Economic Times
Hindu
Business Standard
Reports::
World Development Report
Economic Survey of India
RBI Grade B 2024 Exam Preparation Strategy
Understand exam syllabus and difficulty level
Candidates need to identify the subjects through the RBI Grade B syllabus that they need to prepare for the exam. They must also go through the exam analysis of previous years’ exam analysis to understand the difficulty level
Segregate topics
After going through the syllabus, candidates must proceed to separate topics based on the difficulty level. Candidates must make a list that includes strong and weak topics separately.
Candidates must choose strong topics first as they take less time. Brush up the formulas and basic concepts for all the topics.
Previous years’ question papers
Solve previous years’ question papers, as it will help you to understand the level of preparation. Moreover, it will help in building confidence and enthusiasm.
Practice mock tests: Practising mock tests will improve speed and accuracy. It also helps to know where your preparation is lacking.
Revise, rework, and recover: These are the best mantra to improvise and perform well. The revision will help candidates to know their weak points and motivates them to rework on the same topic. This ultimately enables candidates to recover from the weak points.
Read the weak areas: After identifying the weak areas, select the topics based on their weightage and device preparation strategy. Follow this with concept building, brush up the basics first, and then move to the deeper concepts. Practice relevant questions to improve speed and accuracy.
Read newspapers: Candidates must read newspapers and magazines daily to be acquainted with the latest updates.
RBI Grade B Exam Results
The steps to check RBI Grade Bt 2024 result are explained below.
- Visit the official website
- Click the result link on the home page
- The result PDF file opens on a new page
- Check your roll numbers in the list
- Download the result PDF and save it
IBPS PO FAQs
Ques. When did RBI Grade B Phase II result announced?
Ans. RBI has released the Grade B Phase II result on 04th May 2024 and for DPER/DSIM on 31st May 2024 on the official website
Ques. How can I download the RBI Grade B Phase II result?
Ans. Follow the steps to download Admit Card: RBI official website>> Opportunities @RBI>> Current vacancies>> Results>> RBI Grade B Phase II Result
Ques. Does RBI releases result separately for General, DEPR & DSIM posts?
Ans. Yes, RBI has separately released the result pdf for General, DEPR & DSIM posts
Ques. What’s the next stage after the RBI Grade B Phase II result announcement?
Ans. The shortlisted candidates whose roll numbers are mentioned in the result pdf will be called for the interview round.
Ques. What is the number of chances in RBI Grade-B Recruitment 2019?
Ans. Candidates belonging to unreserved i.e. General Category, who have already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved for them.
Ques. Will there be an interview after the written result?
Ans. Yes, There is Phase-III, the interview round after the Mains or Phase-II online exam
Ques. Will the exam conducted online or offline (OMR Based)?
Ans. Common Written Exam for RBI Grade-B Recruitment will be conducted online (Both Phase-I and Phase-II).
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