Rupali PruthiAssistant Manager - Editorial
RBI Vacancies 2023: The Reserve Bank of India (RBI) every year releases vacancies to fill up various posts such as Assistant, Officers Grade B, etc. in the esteemed central bank. RBI vacancies are released online along with the notification. The vacancies are released category-wise and state-wise. Candidates for the various posts of RBI are appointed as per the selection process. In this article, we have discussed RBI vacancies for various exams.
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Q: Â When RBI Grade B application form 2024 was released?
RBI Grade B application form 2024 was released on July 25, 2024. The last date to fill the application form was August 16, 2024. RBI Grade B apply online link is provided on this page. RBI Grade B application form comprises steps such as registration, uploading the scanned photograph and signature, filling the detailed online form, previewing the application form, uploading the scanned left thumb impression and handwritten declaration, paying the application fees, and taking printout of the application form. Any graduate candidate who are between 21 to 30 years can apply for the exam.
Q: Â Can I apply for the RBI Assistant post if I have already applied for another post in the RBI?
All candidates working in Government Sector, Government owned industrial undertakings, Public Sector Undertakings / Financial Institutions/Banks, Public Enterprises or other similar organizations, whether in a permanent or temporary capacity or as work-charged employees other than casual or daily rated employees, are required to inform their employer (Head of Office/Department) in writing, about applying for this recruitment. Prior to the submission of their application online to the bank. At the time of applying online, candidates working in such organisations, are required to submit an undertaking that they have informed in writing about applying for this recruitment to their Head of Office/Department. Candidates should note that in case a communication is received at Bank from their employer, withholding permission to the candidate applying for this recruitment/ appearing at the examination, their application/candidature will be liable to be rejected/ cancelled.
Q: Â What are the allowances offered to RBI Assistant?
The allowances offered to RBI Assistant are given below:
- Dearness Allowance
- House Rent Allowance (HRA)
- Compensatory Allowance
- Transport Allowance
The perks offered to RBI Assistant are given below:
- Bank’s accommodation is subject to availability
- Reimbursement of expenses for maintenance of vehicle for official purpose
- Newspaper, Briefcase, Book Grant, Allowance for furnishing of residence, etc. as per eligibility
- Dispensary facility besides reimbursement of medical expenses for OPD treatment or hospitalization as per eligibility.
- Interest-free Festival Advance
- Leave Fare Concession
- Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. It will be available to regular employees who will put in at least two years of service.
- The recruits will be governed by the Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.
RBI Grade B Vacancies 2023
RBI Grade B vacancies are released for the recruitment of Grade B Officers in General, DEPR, and DSIM. Vacancies for RBI Grade B for the year 2023 are yet to be announced. The candidates can check out the RBI Grade vacancy for the year 2022. A total of 294 vacancies were announced for RBI Grade B. The post-wise number of vacancies is given below.
Post | Total |
---|---|
Officers in Grade ‘B’(DR)- General |
238 |
Officers in Grade ‘B’(DR)- DEPR |
21 |
Officers in Grade ‘B’(DR)- DSIM |
25 |
Total |
294 |
Q: Â Can an RBI assistant apply for the RBI grade B (direct exam) after joining?
Yes, an RBI assistant can apply for the RBI Grade B (direct exam) after joining. However, it is important to note that there may be certain eligibility criteria that must be met in order to be considered for the exam. Additionally, it is important to check the official website of the Reserve Bank of India for the latest information on the exam, including the application process and deadlines. Candidates are required to submit No Objection Certificate from the employer. RBI Assistant application form needs to be submitted online. To submit the application form, candidates need to pay the required application fees. The application fees needs to be paid online.
Q: Â What topics are covered in the RBI Grade B syllabus?
RBI Grace B syllabus is divided into Phase 1 and 2. The topics covered in RBI Grade B syllabus are given below:
RBI Grade B Phase 1 Syllabus
RBI Grade B Phase 1 Syllabus for DR (General) | |||
---|---|---|---|
Reasoning | Quantitative Ability | English Language | General Awareness |
Logical Reasoning | Simplification | Reading Comprehension | Current Affairs |
Alphanumeric Series | Profit & Loss | Cloze Test | Indian Financial Systems |
Ranking/Direction/Alphabet Test | Mixtures &Alligations | Para jumbles | Indian Banking Systems |
Data Sufficiency | Simple Interest & Compound Interest & Surds & Indices | Miscellaneous | Monetary Plans |
Coded Inequalities | Work & Time | Fill in the blanks | National Institutions |
Seating Arrangement | Time & Distance | Multiple Meaning /Error Spotting | Banking Terms |
Puzzle | Mensuration– Cylinder, Cone, Sphere | Paragraph Completion |
|
Tabulation | Data Interpretation |
| |
Syllogism | Ratio & Proportion, Percentage | ||
Blood Relations | Number Systems | ||
Input Output | Sequence & Series | ||
Coding Decoding | Permutation, Combination &Probability |
RBI Grade B Phase 2 Syllabus
Subject | Syllabus |
---|---|
Paper 1- Economic & Social Issues | 1. Growth and Development Measurement of growth- National Income and per capita income Poverty Alleviation and Employment Generation in India Sustainable Development Environmental issues 2. Indian Economy Economic History of India Changes in Industrial and Labour Policy Monetary and Fiscal Policy since reforms of 1991 Priorities and recommendations of Economic Survey and Union Budget Indian Money and Financial Markets: Linkages with the economy Role of Indian banks and Reserve Bank in the development process Public Finance Political Economy Industrial Developments in India Indian Agriculture Services sector in India 3. Globalization Opening up of the Indian Economy Balance of Payments Export-Import Policy International Economic Institutions IMF and World Bank WTO Regional Economic Cooperation International Economic Issues 4. Social Structure in India Multiculturalism Demographic Trends Urbanisation and Migration Gender Issues Social Justice: Positive Discrimination in favour of the underprivileged Social Movements Indian Political System Human Development Social Sectors in India Health and Education |
Paper 2- English | To analyse the writing skills of the candidates including expression and understanding of the topic |
Paper 3 (a) Finance | 1. Financial System Regulators of Banks and Financial Institutions Reserve Bank of India- functions and conduct of monetary policy Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector. Impact of the Global Financial Crisis of 2007-08 and the Indian response 2. Financial Markets Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments. 3. General Topics Risk Management in Banking Sector Basics of Derivatives Global financial markets and International Banking – broad trends and latest developments. Financial Inclusion Alternate source of finance, private and social cost-benefit, Public-Private Partnership Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector. The Union Budget – Concepts, approach, and broad trends Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends; striking a balance between inflation and growth through monetary and fiscal policies. FinTech |
Paper 3 (b)- Management | 1. Fundamentals of Management & Organizational Behaviour Introduction to management Evolution of management thought Scientific, Administrative, Human Relations Systems approach to management Management functions and Managerial roles Nudge theory Meaning & concept of organizational behaviour Personality: meaning, factors affecting personality, Big five model of personality Concept of reinforcement Perception: concept, perceptual errors Motivation: Concept, importance Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory) Process theories (Adams equity theory, Vrooms expectancy theory). Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window Conflict: Concept, Sources, Types, Management of Conflict Organizational Change: Concept, Kurt Lewin Theory of Change Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model). 2. Ethics at the Workplace and Corporate Governance Meaning of ethics, why ethical problems occur in the business Theories of ethics: Utilitarianism: weighing social cost and benefits, rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory |
Q: Â What are the important topics for RBI Grade B exam?
RBI Exam Dates
Take a look at the table below for the complete schedule of RBI 2024 exam
Dates | Past Exam Dates |
---|---|
25 Jul '24 | RBI Grade B Notification |
25 Jul '24 - 16 Aug '24 | RBI Grade B Application |
02 Dec '23 | RBI Assistant Mains |
RBI Assistant Vacancies
RBI Assistant exam is conducted for recruitment to the post of Assistant. RBI Assistant 2023 vacancies are yet to be announced. In 2023, a total of 950 RBI Assistant vacancies were announced for the exam. Out of these, a total of 440 vacancies were announced for the General category, 146 for OBC candidates, 123 for ST, 151 for SC, and 90 for EWS candidates. The state-wise and category-wise RBI Assistant vacancies are given below.
Category-wiseÂ
Category |
Total RBI Assistant vacancies |
---|---|
General |
440 |
EWS |
90 |
OBCÂ |
146 |
SCÂ |
151 |
STÂ |
123 |
State-wise
Office | Â Vacancies |
---|---|
Ahmedabad | 35 |
Bengaluru | 74 |
Bhopal | 31 |
Bhubaneswar | 31 |
Chandigarh | 78 |
Chennai | 66 |
Guwahati | 32 |
Hyderabad | 40 |
Jaipur | 48 |
Jammu | 12 |
Kanpur & Lucknow | 131 |
Kolkata | 26 |
Mumbai | 128 |
Nagpur | 56 |
New Delhi | 75 |
Patna | 33 |
Thiruvananthapuram & Kochi | 54 |
Total | 950 |
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Q: Â What is the difference between an RBI grade B and an RBI assistant?
RBI Assistant and RBI Grade B are two different positions in the Reserve Bank of India with different job roles, responsibilities, and eligibility criteria. The RBI Assistant test is designed to recruit clerical staff, while the RBI Grade B exam is intended to hire officers for RBI offices. The eligibility criteria, exam pattern, age limit, and job responsibilities differ between the two exams. The selection process for RBI Assistant is relatively easier than for RBI Grade B Officer, but the RBI Grade B Officer position offers a more challenging and rewarding work environment. In terms of salary, RBI Grade B Officer has a higher starting pay and faster career progression opportunities than RBI Assistant. Ultimately, the choice between RBI Assistant and RBI Grade B Officer depends on your career aspirations, personal preferences, and job requirements
Q: Â What is the eligibility criteria for the RBI grade B-exam?
Q: Â What is the number of increments given to RBI Grade B Officers?
What is RBI Salary for various posts?
Discussed below is RBI salary for Grade B Officers and Office Assistant.
RBI Grade B Officers
The basic pay of RBI Grade B Officers is Rs 35,150 per month. The pay scale is Rs 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400. Candidates are also eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance. The initial monthly gross emoluments are approximately Rs 77,208. Read More
RBI Assistant
Candidates will draw a basic pay of Rs 14,650 per month. The pay scale is Rs 13,150-750(3)-15,400-900(4)-19,000-1200(6)- 26, 200- 1,300(2)-28,800-1,480(3)-33,240-1,750(1)-34,990 (20 years). They are also entitled to other allowances such as Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance, etc. The initial gross emoluments are Rs 36,091. Read More
What is the RBI selection process?
The selection process for RBI Grade B and RBI Assistant is given below.
RBI Assistant
The selection process comprises prelims and mains exams followed by a language proficiency test (LPT).
RBI Grade B
The selection process of RBI Grade B includes Phase I, II, and Interview. Those who will qualify the Phase I exam will be called for Phase II. On the basis of the performance of candidates, they will be called for an Interview. The final selection of candidates is done based on their performance in Phase II and Interview.
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Q: Â What are the subjects included in RBI Grade B exam?
Q: Â What perks are given to a Grade B Officer apart from the RBI Grade B Salary?
RBI Grade B Officers are entitled to the following perks and allowances: Back Accommodation Medical Allowance Leave Fare Concession Furnishing of Residence Miscellaneous Allowance (Fuel, Furniture, etc. ) The gross monthly emoluments of RBI Grade B is INR 1,08,404. This is including the perks and benefits offered to candidates. The allowances of RBI Grade B that candidates are entitled to along with the salary are given below:
- Dearness Allowance
- Local Allowance
- House Rent Allowance
- Family Allowance
- Grade Allowance
Q: Â What are the factors to become an RBI grade B officer?
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Student Forum
Answered a month ago
Depending on the particular position you're aiming for you can apply for the Reserve Bank of India (RBI) tests as a CA Intermediate student
Eligibility: A graduate degree is necessary for the majority of RBI positions, such as Grade B Officer. Nonetheless your CA Intermediate credential may also qual
R
Contributor-Level 10
I am currently pursuing CA Intermediate. How can I apply for the RBI exam?