Central Bank of India

The Reserve Bank of India (RBI) is the central bank, which regulates the money supply and credit in the country and also controls the issue and supply of the Indian rupee. RBI was set up in 1935 under the Reserve Bank of India Act, 1934.

 

RBI is the chief regulator of the overall banking in India. RBI plays a pivotal role in the development strategy of the Government of India. It serves as the figurehead of the banking system and the money market.

 

RBI manages the commercial bank and the non-banking finance companies working in India.

 

RBI  Exam: Grade B 

This is a very popular exam conducted for the recruitment of the Grade B officer in the Reserve Bank of India. Grade B officers is inducted in the following department :

1. Officers in Grade B (General)
2. Officers in Grade B (Department of Economics and Policy Research)
3. Officers in Grade B ( Department of Statistics and Information Management)

 

Highlight of Exam: Grade B

 

Name of the exam	RBI Grade B Exam
Organizing Body	Reserve Bank Of India (RBI)
Post	Grade B Officer
Frequency of Exam	Annually
Official Website	https://www.rbi.org.in/

 

The official notification of the RBI exam is generally released in the month of September.

Exam Event	Tentative Month
RBI Grade B Notification	September
RBI Grade B Phase I Exam	November
RBI Grade B Phase II Exam	December
RBI Grade B Interview	March

 

 

 

Eligibility Criteria

 

1. Nationality 

• The candidate must fulfill any one of the following :
• Candidates must be a citizen of India
• Candidates must be a citizen of India
• Must be a subject of Nepal or a subject of Bhutan.
• Candidates should be Tibetan refugees who came to India before January 1, 1962, for settling permanently in India.
• Candidates should be a person of Indian origin who has migrated from Burma, Pakistan, Ethiopia, Sri Lanka, Kenya, Myanmar, Uganda, Malawi, Tanzania, Vietnam, Zaire with the motive to settle permanently in India.

2. Age Limit 

• The age limit of the candidate must be a minimum of 21 years and must not be more than 30 years.
• Scheduled Caste/Scheduled Tribe (SC/ST): 5 years
• Other Backward Classes(OBC) : 3 Years

 

3. Educational Qualification 

Post	Minimum Qualifications
RBI Grade B ( General)	Minimum of 60% marks in Bachelor’s degree or its equivalent as well as in class 10th & 12th exam.
RBI Grade B (Department of Economics and Policy Research)	A Master’s degree in Economics or Finance with a minimum of 55% marks from a recognized Indian or Foreign University.
RBI Grade B ( Department of Statistics and Information Management	A Master’s degree in Statistics or Mathematical Statistics/Mathematics with a minimum of 55% marks from a recognized Indian University.

 

Note: Number of attempts is restricted to 6 for the General category. No such restrictions are there for other categories.

 

Exam Pattern 

 

The Grade B exam is conducted in three phases mentioned below :

1. Phase 1 Examination
2. Phase 2 Examination
3. Phase 3 Interview

 

Grade B Exam Pattern: Phase 1
Sections	Marks	Negative Mark	Duration
General Awareness	80	Yes	120 minutes
Quantitative Aptitude	30	Yes
English Language	30	Yes
Reasoning	60	Yes
Total	200

 

Grade B Exam Pattern: Phase 2
Sections	Marks	Type	Duration
Paper 1 – Economics & Social Issues	100	Objective	90
Paper 2 – English (Writing Skills)	100	Descriptive	90
Paper 3 – Finance & Management	100	Objective	90
Total	300

 

Phase 3 Interview

All the selected candidates will be called for the third phase which is the Interview.

 

 

 

RBI is the chief regulator of the overall banking in India. It plays a pivotal role in the development strategy of the Government of India. It serves as the figurehead of the banking system and the money market.

 

It manages the commercial bank and the non-banking finance companies working in India.

 

The assistant exam is conducted by the Reserve Bank of India (RBI) for recruitment of the assistant in various branches and sub-office

 

Highlight of Exam: Assistant 

 

Name of the exam	RBI Assistant Exam
Organizing Body	Reserve Bank Of India (RBI)
Post	Assistant
Frequency of Exam	Annually
Official Website	https://www.rbi.org.in/

 

The official notification of the RBI Assistant exam is generally released in the month of September.

Exam Event	Tentative Month
RBI Assistant Notification	January
RBI Assistant Preliminary Exam	February
RBI Assistant Main Exam	To be published later
RBI Assistant Result	To be published later

 

Eligibility Criteria

1. Nationality 

• The candidate must fulfill any one of the following :
• Candidates must be a citizen of India
• Candidates must be a citizen of India
• Must be a subject of Nepal or a subject of Bhutan.
• Candidates should be Tibetan refugees who came to India before January 1, 1962, for settling permanently in India.
• Candidates should be a person of Indian origin who has migrated from Burma, Pakistan, Ethiopia, Sri Lanka, Kenya, Myanmar, Uganda, Malawi, Tanzania, Vietnam, Zaire with the motive to settle permanently in India.

 

2. Age Limit

• The age limit of the candidate must be a minimum of 20 years and must not be more than 28 years.
• Scheduled Caste/Scheduled Tribe (SC/ST): 5 years
• Other Backward Classes(OBC) : 3 Years
• A person with Disabilities (PWD): 10 years (GEN), 13 years (OBC) & 15 years (SC/ST)
• Ex-Servicemen: 5 years
• Widow/ Divorced women/ women judicially separated and not remarried: 10 years
• Candidate from the State of Jammu & Kashmir: 5 years
• Candidate having work experience in RBI : 3 years

3. Educational Qualification 

Candidates should have Bachelor’s degree in any discipline from a recognized University with a minimum of 50% marks in aggregate (Pass marks for SC/ST/PWD candidates).

 

Exam Pattern: Assistant 

The Assistant exam is conducted in three phases mentioned below :

Phase 1: Preliminary Examination

Phase 2: Mains Examination

Phase 3: Language Proficiency Test

 

RBI Assistant Preliminary Exam Pattern: Phase 1
Subjects	Marks	Negative Mark	Duration
Reasoning Ability	35	Yes	20 minutes
Numerical Ability	35	Yes	20 minutes
English Language	35	Yes	20 minutes
Total	100		60 minutes

 

RBI Assistant Mains Exam Pattern: Phase 2
Subjects	Marks	Duration	Negative Mark
Reasoning Ability	40	30 minutes	Yes
English Language	40	30 minutes	Yes
Quantitative Aptitude	40	30 minutes	Yes
General Awareness	40	25 minutes	Yes
Computer Knowledge	40	20 minutes	Yes
Total

 

Phase 3: RBI Assistant Language Proficiency Test

Language Proficiency Test (LPT) is the last and final stage of the selection process.

 

The candidates who qualify for the mains examination will have to appear for the LPT. LPT will be conducted in the local or the Official Language of the state concerned.

 

 

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