RBI Grade B is a competitive exam conducted by the Reserve Bank of India to recruit officers in Grade B (General), Grade B (DEPR) and Grade B (DSIM) for various branches of the RBI. It is a prestigious and sought-after position in the banking sector. The exam assesses candidates on their knowledge of finance, economics, banking, and related subjects. Successful candidates are appointed as officers in the Reserve Bank of India. As the Reserve Bank of India offers an excellent pay scale and a reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancies to be filled through the 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.
RBI offers a lucrative salary and a respectful job profile to the Grade B Officer posts is one of the main reasons for the increasing competition. RBI Grade B Notification 2024 will be released for various posts including-
Plus, for UPSC aspirants, it’s the perfect Plan B. And with only 66 vacancies in 2024, competition is tougher than ever. But with the right guidance, you can crack it. And if you are a serious aspirant, then every day counts! Sure, you can find study materials online, but here’s what you really need
RBI Grade B is a national-level government exam which is conducted by the Reserve Bank of India (RBI) for aspirants who have been looking forward to being a part of the Banking sector. RBI offers a lucrative salary and a respectful job profile to the Grade B Officer posts is one of the main reasons for the increasing competition. RBI Grade B Notification 2024 will be released for various posts including-
RBI Grade B 2024 Exam is conducted in three phases, while the Prelims examination is Objective in nature while the Mains examination comprises of the objective as well as descriptive test
Candidates are required to follow the given criteria (as per the previous year RBI Grade B Notification) to be eligible for RBI Grade B 2024 Exam:
• Must be a citizen of India
• Must be a subject of Nepal
• Must be a subject of Bhutan
• Must be a Tibetan Refugee who came to India before 1st January 1962 and has the intention of settling permanently in India.
• A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam intending to permanently settle in India.
The RBI Grade B Syllabus for the prelims exam is similar to the other Bank Exams. The major sections from which the questions are asked are:
| RBI Grade B 2024 Exam Syllabus | |||
| English | Quantitative Aptitude | Reasoning | General Awareness |
| Grammar | Mensuration | Puzzles | Banking & Financial Awareness |
| Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
| Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
| Comprehension | Speed, Distance and Time | Data Sufficiency | Current Affairs |
| Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
| Jumble Words | Permutation and Combination | Syllogism | Static GK |
| Fill in the Blanks | Data Interpretation | Coding-Decoding | Government Schemes, Agreement & Deals |
| Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
The prelims exam of RBI Grade-B Officer 2024 comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.
| RBI Grade B Prelims Exam Pattern 2024 | ||||
| SNo | Section Asked | No. of Questions | Maximum Marks | Duration |
| 1. | General Awareness | 200 | 200 | Composite time of 2 hours |
| 2. | Quantitative Aptitude | |||
| 3. | English Language | |||
| 4. | Reasoning | |||
Note:
| RBI Grade B Mains Exam Pattern 2024 | ||||
| S No | Sections / Subjects | Paper Type | Maximum Marks | Duration (minutes) |
| 1. | Paper I: Economics and Social Issues | 50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) | 50 Total-100 | 30 120 minutes |
| 2. | Paper II: English (Writing Skills) | Descriptive (3 questions) | 100 | 90 minutes |
| 3. | Paper III: Finance and Management | 50% Objective Type and 50% Descriptive | 50 Total-100 | 120 minutes |
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper II, and Paper III of the Phase II exam. The interview process will carry 50 marks.
| RBI Grade B Educational Qualification | |
| Posts | Minimum Educational Qualifications |
| Officers in Grade ‘B’ (DR) – (General) | • Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years. Note: • Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination. • Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post. OR • Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination. |
| Officers in Grade ‘B’ (DR) – DEPR | • Essential: a. 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 recognised Indian or Foreign University /Institute. OR b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. OR c. 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 recognised Indian or Foreign University /Institute d. (i) Candidates having Master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. |
| Officers in Grade ‘B’ (DR) – DSIM | Essential: a. A 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 in aggregate of all semesters/years. OR b. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one-year post-graduate diploma in Statistics or related subjects from an Institute of repute. OR c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years. OR d. 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. |