RBI GRADE B EXAM | Recruitment Notification

RBI Grade B Exam Notification| Exam Dates | Online Application & Vacancies

RBI Grade B Exam :Details

The Reserve Bank of India is the central bank of the country. The organisation each year organizes recruitment exams for filling up several posts. One of such exams held by the organisation is the RBI Grade B. Exam is held for recruiting candidates directly for Grade B Officers in Combined Seniority Group (CSG) streams. RBI Grade B exam is a popular exam for those desiring a career in the finance sector. The organisation delivers an excellent pay scale and verified job profile, a huge number of candidates apply for the exam. Successful aspirants are welcomed into the given departments:

  • Officers in Grade B (General)
  • Officers in Grade B (Department of Economic and Policy Research)
  • Officers in Grade B (Department of Statistics and Information Management)

RBI Grade B Exam: Highlights

Name of ExamRBI Grade B 
Organizing AuthorityReserve Bank of India 
Level of ExamNational
Name of PostGrade B (DR) for General, DEPR, DSIM streams
Stages of selectionGrade B (DR) for General: Phase I, II and Interview  DEPR/DSIM post: Paper 1, 2, 3 and Interview  
Exam ModeOnline and Offline
Duration of ExamGrade B (DR) for General Phase I: 120 minutes (with sectional timings) Phase II: 90 minutes for each paper DEPR/DSIM post: Paper 1: 120 minutes Paper 2: 180 minutes Paper 3: 90 minutes  
LanguageEnglish and Hindi
Purpose of examTo select Grade B Officers
RBI Helpdesk 011-23711333

RBI Grade B Exam: Notification 2020

RBI Grade B Exam notification is declared in September. The notification is available in PDF format and comprise all information in relation to the exam like exam dates, eligibility criteria, pattern of exam , syllabus, exam centres, vacancies, etc. Earlier for applying to the exam, candidates are required to read the notification carefully. 

RBI Grade B Exam: Eligibility Criteria

To fill the exam form, candidates need to fulfill firm criteria of age, educational qualification and nationality. Candidates shall check given eligibility criteria:

NationalityCandidates must be a citizen of India, resident  of Nepal/Bhutan/Tibetan refugee who have settled in India permanently.
Age LimitCandidates need to be between 21 to 30 years. For MPhil and PhD, the upper age limit shall be 32 and 34, respectively. Relaxation in the upper age limit shall be given to candidates who belong to the reserved categories
Educational qualification Grade B General: Graduation with 60% (50% in case of SC/ST/PwBD) DEPR/DSIM: Master’s Degree with 55% and 50% for SC, ST and PwBD candidates  
Number of AttemptsGeneral category candidates having appeared six times in the Phase I exam are not eligible to apply. No restrictions for SC/ST/OBC/PwBD/EWS candidates

RBI Grade B Exam: Dates

RBI Grade B Exam dates are not yet declared. Candidates from table below shall find the tentative dates with regards to the recruitment process. 

RBI GRADE B EventsRBI GRADE B DatesFeatures
Release of notification September 2020RBI Grade B notification shall be available on the official website in PDF form
Availability of application formSeptember-October 2020The application form is required to be filled online.
Payment of FeesSeptember-October 2020The application fees are Rs 850 for general/OBC while it is Rs 100 for SC/ST/PwBD.
Phase I exam for General, DSIM and DEPRNovember 2020The Phase I exam shall be held across several cities spread overall the country
Phase II exam General, DSIM and DEPRDecember 2020The Phase II exam for General DSIM and DEPR is likely to be conducted in December but on different dates. 

RBI Grade B Exam: Vacancies

Vacancies for RBI Grade B Exam are considered into post-wise and category-wise. The vacancies for the year shall be declared with the notification. Till then, candidates shall check the break-up of vacancy last year. 

Officers in Grade ‘B’(DR)- General156
Officers in Grade ‘B’(DR)- DEPR20
Officers in Grade ‘B’(DR)- DSIM23

RBI Grade B Exam : Salary

RBI is providing attractive salary and other perks. Selected aspirants are eligible to Dearness Allowance, Local allowance, House Rent Allowance, Family Allowance and Grade Allowance as per rules.  

ParametersSalary Structure
Basic Pay35,150
Pay Scale35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400
Allowances Dearness Allowance, Local allowance, House Rent Allowance, Family allowance and Grade Allowance
Initial monthly Gross emoluments77, 208

RBI Grade B Exam: Selection Process 

Fill the application form: Application form shallbe visible online on the official website. Application form consists of various stages which candidates need to complete. The application form shall not be recognized till candidates pay the fees for application. Fees for this exam is Rs 850 for Gen/OBC candidates and Rs 400 for SC/ST/PwBD candidates. 

Declare of admit card: The admit card is generated differently for varied stages of exam. Admit Card could be downloaded online by mentioning the registration number/roll number and password/date of birth. All candidates who are registered will be first given admit card for the Phase I exam. Candidates who qualify the Phase I exam is provided with admit card for Phase II. Admit card for the interview is provided to candidates who qualify the Phase II exam. 

For appearing in the exam: RBI Grade B exam consists of various stages: Phase I, II and Interview. The Phase I exam for General post consists of objective type questions from General Awareness, English Language, Quantitative Aptitude and Reasoning. Total marks of the exam are 200. The test shall be held online.

The Phase II exam for General post consists of two objective papers and one descriptive type of paper. Both papers shall be held online. The test carries 300 marks. The Phase I will comprise of  objective type questions on Economics. Total marks of the test are 100.

Phase II comprises of two papers-II and III. The Paper-II will be held offline in which candidates shall be given descriptive type of questions on Economics.

Paper-III shall be descriptive type paper on English and is held online. Every paper of Phase II carries 100 marks. Phase I of DSIM that is also called Paper 1 comprises objective type questions on Statistics. Total marks of the test are 100. Phase II comprises two papers-II and III. Paper-II is held offline and consists of questions from Statistics. Paper III is held online and consists of questions from English. Each paper comprise of 100 marks. 

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