RBI Grade B Exam Date 2024 OUT: Check Complete Exam Schedule

RBI Grade B notification 2024 was released on July 19, 2024. The notification was released in PDF form and comprises the details related to the exam. The selection process of RBI Grade B comprises Phase 1 exam, Phase 2 exam, and Interview. The gross salary of RBI Grade B is INR 1,08,404 (Approximately). The basic salary of RBI Grade B is INR 55,200 per month. The final selection of candidates is done based on the Phase 2 exam and interview.

Yes, you will get separate RBI Grade B admit cards for different phases of the exam. The prelims admit card is released for all the registered candidates. The Mains admit card is released for the qualified candidates of the prelims exam. The interview call letter is released for the qualified candidates for the Mains exam. To download the admit cards for different stages, candidates need to enter the required credentials.

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.

RBI Grade B is considered to be a challenging exam and it tests candidates knowledge of economic, finance, and management. The exam is conducted in three phases-Phase 1, 2 and Interview. The Paper 1 exam is held for 200 marks while Phase 3 carries 300 marks. The interview carries 75 marks. The difficulty level of each phase varies, with Phase II being generally considered the toughest. However, with proper preparation and practice, candidates can certainly crack the exam. The tips and tricks to crack the exam are given below: Candidates should first go through the exam pattern and syllabus inorder to understand the structure of the exam After going through the syllabus, candidates should make notes of the chapter-wise topics. After completing each chapters, they should revise these topics Candidates should attempt mock tests inorder to improve their speed and accuracy Candidates must analyse their performance after every mock tests and work on their weak areas Candidates should should stay calm and focused They should prepare a proper study routine and follow that diligently

The job profile of RBI Grade B is given below: Conducting research and analysis: You may be responsible for conducting research and analysis related to economic, financial and banking issues. This may include tracking macroeconomic indicators, studying financial markets, analyzing monetary policies, and identifying trends and patterns in the banking sector. Formulating and implementing policies: You may be involved in formulating and implementing policies related to monetary policy, financial stability, and banking regulations. You will work with other departments in the RBI government agencies and other stakeholders to identify and address issues related to the Indian economy and financial system. Supervising banks and financial institutions: You may be responsible for supervising banks and other financial institutions to ensure they are compliant with RBI regulations and policies. This involves regular inspections and audits of banks, assessing their risk management practices, and ensuring they are meeting capital adequacy requirements. Communication and public relations: You may be involved in communicating RBI policies, decisions and reports to the public, media and other stakeholders. This involves writing reports, making presentations, conducting press conferences, and responding to inquiries and feedback from the public. Administration and management: You may be responsible for managing and administering the operations of the RBI. This may include managing budgets, human resources, and other administrative tasks.

Yes, the interview is conducted for all the posts. Candidates for the interview are selected based on their marks in Phase-II, Paper-II, and Paper-III marks. Candidates selected for the interview are also required to appear for the Psychometric Test. The marks obtained in the Psychometric Test will not be considered for final selection. Candidates can appear for Interview either in Hindi or English. The interview carries 75 marks. The marks obtained in interview are calculated for the final merit list. During interview, candidates are judged on the basis of their knowledge and personality. Questions in interview are asked from various topics such as current affairs, banking related topics, etc.

Candidates applying for RBI Grade B recruitment should be between 21 and 30 years as per the eligibility criteria. Candidates belonging to the reserved categories are given relaxation in the upper age limit. For M.Phil and Ph.D. the upper age limit is 32 and 34, respectively. The educational qualification required for RBI Grade B is Graduation. Candidates need to secure the required minimum percentage of marks in Graduation. Candidates must secure 60 per cent in graduation (50 per cent for SC/ST/PwBD applicants). There is a limit on the number of attempts in RBI Grade B exam. Candidates belonging to the general category are permitted only six attempts. There is no limit in the number of attempts for SC/ST/OBC/PwBD/EWS candidates. The relaxation given in the age limit to candidates belonging to the reserved categories is provided below: SC/ST-5 years OBC-3 years Physically Handicapped-10 years PH OBC-13 years PH SC/ST-15 Years

RBI Grade B cutoff and scorecard are released within a fortnight after the declaration of the result. The section-wise and overall cut offs of RBI Grade B are made available in PDF form the different categories. The cutoffs are calculated after normalising the marks of candidates. Based on the cut off marks, candidates are selected for the subsequent rounds of selection process.

Clearing the RBI Grade B exam in 6 months can be a challenging task, but it is definitely possible with the right approach. Here are some tips that may help you prepare for the exam: Understand the exam pattern and syllabus: Familiarise yourself with the exam pattern and the syllabus. This will give you an idea of the type of questions that will be asked and the areas you need to focus on. Create a study plan: Create a study plan that includes a schedule for when you will study, what you will study, and how long you will study. Make sure to give equal importance to all the subjects. Practice mock tests: Practice as many mock tests as you can. This will help you get familiar with the type of questions that will be asked and also to manage time during the exam. Stay updated: Stay updated with the Current Affairs. This is an important part of the exam and you need to be familiar with the latest happenings. Take breaks: Make sure to take regular breaks to avoid burnout. Seek guidance from experts: If you have doubts, seek guidance from experts or your teachers. Stay positive and motivated: Stay positive and motivated throughout your preparation. The key to success is consistency and perseverance. With the right approach and dedication, you can clear the RBI Grade B exam in 6 months.

Both the careers, RBI Grade B officer and MBA can be rewarding and successful depending on the candidate's goals and interests. A career as an RBI Grade B officer involves working for the Reserve Bank of India, which is the central bank of India. This career path typically involves roles in areas such as monetary policy, financial regulation, and banking supervision. It typically requires a strong background in economics or finance, and the selection process for these positions is highly competitive. A career as an MBA typically involves working in a business or management role, often in the private sector. This career path can be quite diverse, with opportunities in areas such as finance, marketing, operations, and strategy. It typically requires a strong background in business or a related field, and an MBA degree is often considered to be a prerequisite for many senior management positions. Both career paths have their own pros and cons. RBI Grade B officer job offers job security, prestige, and stability. MBA job offers great career growth opportunities, high salary, and international exposure. It depends on their interests, skills, and career aspirations which one is better for candidates.

RBI Grade B Phase-I exam was conducted in two shifts- 10:15 AM-12:15 PM and 14:15 PM -16:15 PM. The Phase 1 exam of RBI Grade B consists of four sections-General Awareness, English Language, Quantitative Aptitude and Reasoning. The language of the question paper will be in English and Hindi. Total marks allotted to the test are 200. The mains exam of RBI Grade B is conducted in one shift. Candidates qualifying the phase 1 exam are called for the phase 2 exam. The phase 2 exam carries three papers and total marks allotted to the test are 300. The shift timings of RBI Grade B phase 1 exam are given below.

Shift	Reporting Time	Shift Timing
Shift 1 (Morning Shift)	09:15 AM	10:15 AM-12:15 PM
Shift 2 (Evening Shift)	13:15 PM	14:15 PM -16:15 PM

 

The difference between an RBI grade B and an RBI assistant: RBI Grade B: 1- Age limit: 21 to 30 years. 2- Qualification: Graduation with 60 percent marks. Class 12th with 60 percent marks and class 10th with 60 percent marks for the general category and for the SC, ST, and PWD categories 50 percent is required. 3- Salary: Basic pay: INR 35150 per month 4- Perks: 1- Conveyance allowance: 200 liter- Mumbai 180 liter- New Delhi, Chennai, Hyderabad, Kolkata, Bangalore. 150 liter- Other cities. 2- Furnishing of Residence for Officer- INR 1,60,000 (once in 5 years) FRO Maintenance (8%) 3- Leave Fare Concession (Every 2 years) The LFC amount is INR 1,12,000 per month. Maximum 4 persons 112000*4=4,48,000 5- Job Profile: There is no Public Dealing or Handling of the Public. Managing All the Government Accounts and Central Bank Account. Issuing and Maintaining the Circulation of currency and coin issued by RBI. Checking and Maintaining Financial Stability. Controlling The money supply in the system. 6- Posting in only Urban area. RBI doesn't have branches in Urban area. 7- Promotions: Manager (Grade B) Assistant GM Dupty GM Cheif GM Executive Director Governor You can reach up to Deupty Governor 8- Selection Process: Pre, Mains, Interview RBI assistant: 1- Age limit: 20 to 28 years. 2- Educational qualification: Graduation with 50 percent marks. For the SC, ST, and PWD categories passing the marks are required. 3- Salary: Basic pay: INR 146500 per month 4- Perks: 1- Conveyance allowance: 75 liter- Mumbai 65 liter- New Delhi, Chennai, Hyderabad, Kolkata, Bangalore. 55 liter- Other cities. 2- Furnishing of Residence for Employees- INR 50,000 (once in 6 years) FRO Maintenance INR 4000 per annum. 3- Leave Fare Concession (Every 2 years) The LFC amount is INR 11,832 per month. Maximum 4 people are allowed self and 2 spouses + 2 children Maximum 4 persons 11832*4 = 47,328 5- Job Profile: There is no Public Dealing or Handling of the Public. Managing All the Government Accounts and Central Bank Account. Remitting Fresh Currency in Your state. In financial Inclusion- Assisting The team while visiting. Various Districts in your state to Increase Financial Literacy. Banking Document Verification File work Data Entry Replying to Mails. 6- Posting in only Urban area. RBI does not have branches in Urban area. 7- Promotions: Assistant Manager (Grade A) Manager Assistant GM Dupty GM Cheif GM 8- Selection Process: Pre, Mains, Interview.

To become an RBI (Reserve Bank of India) Grade B officer, you will need to meet the following requirements: You must be a citizen of India You should have a Bachelor's degree in any discipline from a recognised university, with a minimum of 60 per cent marks or equivalent grade You should meet the age limit criteria, which is 21 years to 30 years for general category candidates You should be proficient in the official language of the state in which the bank is located Additionally, you will need to pass the RBI Grade B Officer Examination, which consists of three phases: Phase I: Online objective examination in General Awareness, English Language, Quantitative Aptitude and Reasoning. Phase II: Online objective examination in Economic and Social Issues, and English (writing skills) Phase III: Interview.

The General Awareness section of the RBI Grade B exam covers a wide range of topics, including Current Affairs static GK, economics, and banking awareness. To prepare for this section, you can start by reading newspapers, magazines, and online news portals to stay updated with current events. You can also refer to standard reference books on economics, banking, and general knowledge. Additionally, you can attempt mock tests and previous year question papers to gauge your preparation level and identify areas that require improvement. Finally, it is important to stay calm and focused during the exam and manage your time effectively to maximize your score.