RBI Grade B 2024: Phase 2 Result OUT, Interview Call Letter & FAQs

RBI Grade B exam is conducted every year. The exam is conducted to select candidates for the post of Grade B Officers. The selection process comprises phase 1 exam, phase 2 exam and interview. The marks obtaibed in the phase 1 exam are not counted for final merit list. The final selection is done based on the phase 2 exam and interview.

RBI Grade B Phase 2 result 2024 was announced. The link to download the result was activated on the official website. However, the direct link to check the result was provided on this page. The result is made available in PDF form and comprises the roll numbers of qualified candidates.

RBI Grade B Phase 1 scorecard 2024 was released by RBI. Candidates who appeared in the Phase 1 exam can download their scorecards by logging with the required credentials. RBI Grade B scorecard comprises the details related to the section-wise marks and overall marks.

RBI Grade B Phase 1 admit card 2024 was released on August 29, 2024. The admit card was released for all the registered candidates. To download the admit card, candidates need to enter details such as the registration number or roll number and date of birth or password. The hard copy of the admit card is not sent to candidates by post. The admit card carries information related to the exam. Candidates need to carry the printed copy of their admit cards along with one photo-identity proof to the exam centre.

RBI Grade B Phase 1 result was announced on September 20, 2024 by RBI. The result was made available in PDF form and comprises the roll numbers of qualified candidates. The scorecard and cut off marks are released few days after the declaration of the result. Candidates can download their scorecards by logging with the required credentials. Candidates qualifying the Phase 1 exam are called for Phase 2.

RBI Grade B Phase 1 exam is the first round of selection process. The test includes the following papers: 
i. General Awareness
ii. English Language
iii. Quantitative Aptitude and
iv. Reasoning

Few important points related to RBI Grade B vacancies are given below:

• Candidates belonging to the OBC category but falling under the Creamy Layer are not entitled to OBC reservation. They should indicate their category as General
• Reservations for Economically Weaker Sections (EWSs) in recruitment are governed by Office Memorandum No.36039/1/2019-Estt. (Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India
• Out of the total vacancies, some are reserved for the Persons with Benchmark Disability (PwBD) category
• PwBD candidates may belong to any category (ie General/SC/ST/OBC/EWSs)
•  PwBD candidates should possess the latest disability certificate issued by a competent authority
• Backlog vacancies reserved for PwBD are filled by a person with benchmark disability in the respective category

Candidates joining to the post of RBI Grade B Officer are promoted to Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Executive Director and Deputy Governor. They are on probation for two years. During probation, candidates are imparted training related to the various bank processes.

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.

RBI Grade B exam is conducted online only for General post. The Paper 1 of RBI Grade B exam is conducted online and carries questions from General Awareness, English Language, Quantitative Aptitude, and Reasoning. The Phase 2 of RBI Grade B exam is conducted online. In Paper 1 of Phase 2 exam, candidates need to answer the questions in the descriptive paper with the help of the keyboard. In Paper 2 and 3 of Phase 2 exam, candidates need to type the descriptive answers with the help of the keyboard. Candidates opting to type the answers in Hindi in the descriptive test can do so with the help of either Inscript or Remington (GAIL) keyboards layout. RBI Grade B exam for DEPR and DSIM is conducted online and offline.

RBI Grade B Phase 2 exam is conducted for the shortlisted candidates of the Phase 1 exam. The Phase 2 comprises both objective and descriptive tests. Following are the subjects included in Phase 2 exam:

Paper-I: Economic and Social Issues

Paper-II: English (Writing Skills)

Paper-III: General Finance and Management 

RBI Grade B Phase 2 marks are counted for the final merit list. The Phase 2 exam carries three papers. The total marks allotted to the test are 300. Candidates need to secure the qualifying marks in this paper in order to qualify the exam.

The Phase I marks of candidates are not considered for RBI Grade B final selection for General Post. The Phase 1 exam serves as screening test. Only the marks obtained in the phase 2 and interview are considered for the final merit list. Candidates qualifying the Mains exam and interview are selected for appointment to the post of RBI Grade B Officers. Phase-I exam for General post comprise questions from General Awareness, Reasoning, English Language, and Quantitative Aptitude. The total marks allotted to the test are 200. The Phase 2 exam comprises three papers. Total marks allotted to Phase-II exam for General post are 300 marks. The interview carries 75 marks.

RBI Grade B result is declared online separately for prelims, Mains and final selection. The result is made available in PDF form. The scorecard is released after the declaration of the result. To download the scorecard, candidates need to enter the required credentials. The hard copy of the result is not sent to candidates by post. RBI Grade B scorecard is released few days after the declaration of the result. To download the scorecard, candidates need to enter the required credentials. The hard copy of the scorecard is not sent to candidates by post. The steps to download the RBI Grade B result are given below:

• Visit the official website of RBI
• Click the RBI Grade B result link on the home page
• RBI Grade B result PDF opens on a new page
• Search your roll number in the result list
• Download the result PDF and save the file

The scores of candidates for RBI Grade B exam are calculated based on the normalisation process since the exam is held in multiple sessions. The normalisation of marks are done to adjust the difficulty level of question papers across various sessions. RBI Grade B scorecard displays the section-wise and overall scores. The scorecard can be downloaded by entering the required credentials. Candidates can download their scorecards online only. The normalisation of marks are done using equi-percentile method. In normalisation process, the marks of the difficult session are adjusted with the easier one. The marks of candidates are calculated based on the number of correct and incorrect answers.

The hard copy of RBI Grade B scorecard is not sent to candidates by post. Candidates need to download it online only. To download the scorecard, candidates need to enter the required credentials. RBI Grade B scorecard carries the section-wise and overall marks obtained in the exam.

RBI Grade B result 2024 is announced online only. There is no facility to check the result offline. RBI Grade B result is announced on the official website. However, we provide the direct link to check the result. The roll numbers of candidates are made  available in PDF form and comprises the roll numbers of qualified candidates.

RBI Grade B admit card is released online. Candidates need to download their admit cards by logging with the required credentials such as registration number or roll number and date of birth or password. The hard copy of the admit card is not sent to candidates by post. RBI Grade B exam is an important document without which candidates are not allowed to appear for the exam. The following details are mentioned on the admit card:

• Candidate's name
• Roll number
• Date of Birth
• Scanned photograph & signature
• Address of exam centre
• Exam day guidelines
• Reporting time

You need to check whether the login details entered are correct or not in RBI Grade B admit card. You can download your admit card by logging with registration number or roll number and date of birth or password. The date of birth needs to be entered correctly on the login page. Candidates need to download RBI Grade B admit card online. At times, the captcha does not reflect, therefore, refresh the captcha once. After that, try to download the admit card by logging with the required credentials. The link to download RBI Grade B admit card is made available on the official website. However, the direct link to download the admit card is provided on this page. The hard copy of the admit card is not sent to candidates by post.

RBI Grade B admit card is released separately for prelims exam, Mains exam and interview. The admit card is released a week before the exam on the official website. However, the direct link to download the admit card is made available on this page. Candidates can download their admit cards by logging with registration number or roll number and date of birth or password. The hard copy of the admit card is not sent to candidates by post. RBI Grade B admit card carries important details such as candidate's name, roll number, scanned photograph, signature, details about the exam centre and many more details. In case of any discrepancy in the admit card, candidates should inform the examination authority for correction.

You can retrieve the password by clicking the Forgot Password tab while downloading RBI Grade B admit card. To retrieve the password, candidates need to enter the required credentials. After entering the details, a link to verify the email ID is sent to candidates. Candidates need to verify their email IDs and after that their password is changed. The steps to retrieve the password are given below:

• Candidates need to click on ‘Forgot Password’ link given at the bottom of the admit card login page
• Clicking the link, candidates need to enter certain details
• After entering the required details, candidates will receive a link to verify the email ID
• After verifying the email ID, the password will be changed

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 handwritten declaration is a text which candidates need to write in their own handwriting stating that the details provided in the application form are correct and valid. The handwritten declaration should not be written in capital letters. The size of the handwritten declaration should be 20 KBs- 50 KBs and it should be in JPEG/JPG format. The steps to upload the RBI Grade B handwritten declaration are given below:

• There are separate links for uploading photograph, signature, left thumb impression and handwritten declaration
• Click on the respective link to upload the RBI Grade B handwritten declaration
• Select the file by clicking on it
• Click on the open/upload button

RBI Grade B application form needs to be filled online only. Candidates should not submit RBI Grade B application form offline. Candidates are not required to submit the hard copy of the application form. The application process comprises various 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 take printout of the application form. The steps to fill RBI Grade B application form are given below:

•  Visit the official website of RBI
• Click on the RBI Grade B registration link to register for the exam
• Candidates need to enter the required details in the registration form
•  After successful registration, registration ID and password are generated
• In the detailed application form, candidates need to enter basic details, personal details, educational qualification, communication details, choose exam centres, etc.
•  After entering the details, candidates should preview the application form and submit it
• Candidates should upload the handwritten declaration and left thumb impression
• They should pay the application fees and submit it
• ·       Take the printout of the transaction receipt

The application form is integrated with the payment gateway and the payment process can be completed online. The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards,  Internet Banking, IMPS, Cash Cards/ Mobile Wallets, UPI. On successful completion of the transaction, an e-Receipt will be generated.

No, candidates should not send the printout of the RBI Grade B application form and e-receipt. However, candidates must keep the printout of the application form and fee receipt for future reference. They should keep the printout of the application form and fee receipt till the completion of recruitment process. Candidates need to fill the application form of RBI Grade B online. The application fee for the exam is INR 850 for General/OBC and INR 100 for SC/ST/PwBD, can be paid online only. The application process of RBI Grade B comprises registration, uploading the scanned photograph and signature, filling the detailed application form, uploading left thumb impression and handwritten declaration, previewing the application form, paying the application fees and final submission.

Any graduate candidates between 21 and 30 years can apply for RBI Grade B exam. Relaxation in the upper age limit is provided to candidates belonging to the reserved categories.Candidates must be a graduate in any discipline or have equivalent technical or professional qualification with minimum 60 per cent marks (50 per cent for SC/ST/PwBD applicants) or postgraduation in any discipline/equivalent technical or professional qualification with minimum 55 per cent marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years. The educational qualification vary as per the department. Candidates belonging to General Category/EWSs who have appeared six times for phase 1 exam for this in the past are not eligible to apply. There is no restriction for candidates belonging to SC/ST/OBC/PwBD categories.

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% marks or equivalent grade.
• You should have at least three years of experience in the relevant field.
• 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.

RBI Grade B educational qualification for DSIM posts is given below:

A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics 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. Master's Degree in Data Science/ Artificial Intelligence/ Machine Learning/Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognised University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR

d. Four-year Bachelor's Degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognised University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR

e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognised University/ Institute, an institute of national importance, UGC/ AICTE approved programme.

Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.

Candidates belonging to General Category/EWSs, who have already appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved for them.

Ideally, candidates need at least 8 to 10 months for RBI Grade B preparation. It also depend on how much time candidates can devote to the preparation. They need to analyse their strengths and weaknesses in the syllabus, make study plan and stick to it. Be consistent and discipline with the preparation. The tips and tricks to complete the RBI Grade B syllabus are given below: 

• Note down all the important given in the syllabus
• Go through all the topics given in RBI Grade B syllabus
• Candidates can clear the concept of each and every topic given in the syllabus from the books
• After going through the chapters given in RBI Grade B syllabus, candidates must solve previous years' question papers
• Candidates must make monthly study plan based on the syllabus to get an idea about how much one need to cover in that particular month
• Candidates must make weekly study plan where they need to divide the syllabus week-wise. It helps candidates to cover the syllabus effectively
• Candidates must make daily study plan where they need to give themselves the deadline to cover a certain topic within a day

The standard of RBI Grade B syllabus is of the Graduation and Postgraduation levels. RBI Grade B syllabus for Phase 1 comprises subjects such as General Awareness, Reasoning, English Language and Quantitative Aptitude. RBI Grade B Phase 2 syllabus comprises topics such as Paper-I: Economic and Social Issues, Paper-II: English and Paper-III: Finance and Management. Candidates qualifying the Phase 1 exam of RBI Grade B are called for Phase 2 exam. Those who qualify the Phase 2 exam are called for psychometric test and interview. The psychometric test is qualifying in nature. The marks secured in the interview are taken into consideration for the final merit list preparation.

RBI Grade B syllabus for General Awareness comprises topics from Banking & Financial, Economic News, Banking Terminology, Recent RBI News like Monetary policies, Important guidelines, Financial & Economics News, Economics terms, etc. Current Affairs both national and international, sports, awards, summits & conferences, schemes, agreement & deals, etc. Static GK like Parks, Dam, Thermal Power Plants, Mountains, Temples, Stadiums, Airports, etc. RBI Grade B syllabus for General Awareness is given below.

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 2 Syllabus

Yes, it is important to solve the RBI Grade B mock tests. The mock tests help candidates to improve their speed and accuracy. Candidates should practice mock tests regularly. After attempting mock tests, candidates must analyse their performance in the mock test. They should work on improving their weak points. The importance of RBI Grade B mock tests is given below:

• RBI Grade B mock tests are like actual test. Solving mock tests give candidates an idea of the kind of questions that are asked in the exam
• Mock tests familarises candidates with the syllabus, exam pattern and type of questions asked in the exam
• Solving RBI Grade B mock tests help candidates to analyse their performance in the exam
• Practicising mock tests help candidates learn the effective time management

As per the revised exam pattern, candidates need to appear for the Psychometric Test in the RBI Grade B exam before appearing in the interview. There are no marks for this test. The performance of candidates in the psychometric test is not counted for the final merit list. It is only conducted to test the psychological knowledge of candidates. The psychometric test basically measure individuals' mental capabilities and behaviour style. The test assess a cadidate's ability to perform the assigned job role. Through psychometric test, the employer assess the following personality trait:

Focus on the ‘bigger picture’ and strategy

Initiative/proactive

Driven to attain results

Structured and logical approach to performing tasks

Making informed decisions based on objective data

Focusing on the customer

Collaborating with stakeholders (colleagues, managers, vendors and customers)

RBI Grade B exam pattern is such that it is divided into Phase I, II, and Interview. The Phase 1 comprises subjects such as General Awareness, English Language, Quantitative Aptitude and Reasoning. The total marks allotted to the exam are 200. The duration of the test is 120 minutes. The language of the question paper is English and Hindi. Phase II comprises Paper-I: Economic and Social Issues, Paper-II: English (Writing Skills) and Paper-III: Finance and Management. The Phase 2 exam carries 300 marks. The duration of Paper I and III are 120 minutes (30 minutes for the objective test and 90 minutes for the descriptive test) while Paper-II is held for 90 minutes. All papers of Phase II, except the English Language, are set in English and Hindi. The interview carries 75 marks.

RBI Grade B exam is conducted online only for General post. The Paper 1 of RBI Grade B exam is conducted online and carries questions from General Awareness, English Language, Quantitative Aptitude, and Reasoning. The Phase 2 of RBI Grade B exam is conducted online. In Paper 1 of Phase 2 exam, candidates need to answer the questions in the descriptive paper with the help of the keyboard. In Paper 2 and 3 of Phase 2 exam, candidates need to type the descriptive answers with the help of the keyboard. Candidates opting to type the answers in Hindi in the descriptive test can do so with the help of either Inscript or Remington (GAIL) keyboards layout. RBI Grade B exam for DEPR and DSIM is conducted online and offline.

RBI Grade B exam comprises both objective and subjective type questions. The prelims exam carries objective-type questions whereas the Mains exam carries both objective-type and descriptive-type questions. The prelims exam carries questions from General Awareness, English Language, Quantitative Aptitude and Reasoning. The Mains exam carries questions from Paper-I: Economic and Social Issues, Paper-II: English (Writing Skills) and Paper-III: Finance and Management. The standard of questions asked in RBI Grade B exam is of graduation level. The total marks allotted to the Phase 1 exam are 200. The Phase 2 exam carries 300 marks. The interview carries 75 marks. Candidates need to be thorough with the exam pattern inorder to clear the exam.

Objective as well as Descriptive Questions are asked in the Economic and Social Issues Paper of RBI Grade B Phase 2 Exam. The objective questions asked in the ESI, RBI Grade B Phase 2 Exam 2023 are as follows:

Schemes

• SWADHAR GREH Schemes
• PM JAY Schemes-Case Study
• Mission Life-Paragraph Based
• PM PVTG Development Mission

Reports

• World Economic Outlook Report-Identify The Report

World Trade Organization-

• When Formed
• Director General
• the latest Round/Doha

Sovereign Gold Bond

Sukanya Samridhi Yojana

Here is the list of questions asked in Part 1 of RBI Grade B 2023 (Descriptive):

10 Marks Questions- (Attempt Any 2)

• Monetary Policy and its Indirect and Direct Tools
• Explain Schemes on Poverty Alleviation and Employment Generation
• Challenges Faced By Startups in Tier 2 and Tier 3 Cities

15 Marks Questions

• World Migration Report- How migration can bring prosperity together for the world and suggest recommendations from the report?
• Current and Finance Report By RBI
• 3 Events which led to global cooperation
• UNDP Report

The difficulty level of RBI Grade B Phase 1 exam is usually moderate to difficult. In 2022, the difficulty level of the English section was easy whereas the Quant section was calculative. Current Affairs questions were asked from the recent events that took place in May and April 2022. In General Awareness, there were questions on Budget. Static GK questions were very less. The Reasoning section was difficult and time-consuming. In Quant, questions were asked from Compound Interest and Simple Interest, Quadratic Equation. Reasoning questions were asked from Seating Arrangement, Paragraph Based questions, Statement Based questions. There were two Reading Comprehension in English section. 

The overall difficulty level of RBI Grade B Phase 1 2024 exam was moderate. The difficulty level is given below.

The difficulty level of the Phase 2 exam is easy to moderate. In 2022, the descriptive paper was easy while the objective paper was moderate. Questions in the subjective paper were asked from LTRO, resistance to change and how to avoid, India's role in 2008 financial crisis, blockerchain disrupt banking, what are the barriers to interpersonal communication and how to overcome it,  managers' role in encouraging ethical behaviour in an organisation. The objective paper carried around four to five questions on RBI notification Legal Entity Identifier (LEI), Payments Infrastructure Development Fund (PIDF). In the Management part, there were application-based questions. There were questions on five model personalities, motivation. In Finance, questions were asked from CSIR, defination of small industries, etc. The questions asked in Economics and Social Issues were easy. 

The distribution of questions in the Reasoning Ability section of RBI Grade B Phase 1 2024 exam is given below.

The distribution of questions in the Quant section of RBI Grade B Phase 1 exam is given below.

RBI Grade B Phase 1 Cut off 2023 is given below for different sections and in aggregate.

RBI reserves the right to allot RBI Grade B exam centres. The exem centres are allotted as per the preferences given by candidates. In case, the seats in the preferred centre are full then the candidates are allotted to the next available centre.

The tips and tricks to prepare for RBI Grade B psychometric test are given below:

• The psychometric test evaluates candidates' personality skills and cognitive skills, mental stability and behavioral stability, and decision-making skills
• Candidates need to answer the questions logically
• It evaluates whether candidates have the ability to learn new things and adapt to new circumstances
• Candidates need to opt for any one answer based on the options given and their responses will be analyzed according to the standards set by the examination conducting body

The mock test of RBI Grade B is one of the most important tool for preparation. Apart from solving the previous years' question papers, candidates need to attempt mock test. This helps candidates in understanding the pattern of the exam. The mock test is prepared based on the pattern of the exam and it is like the actual test. Attempting mock test candidates can know the level of preparation for the exam. Candidates can know their strengths and weaknesses. 

RBI Grade B 2024 vacancies were announced along with the notification. A total of 94 vacancies were announced for the exam. The vacancy break-up is given below.

A total of 294 vacancies were announced for RBI Grade B 2022 exam. Out of the total vacancies, 238 were for Grade B General post, 31 were DEPR and 24 were for DSIM posts. The post-wise RBI Grade B 2022 vacancy break-up is given below.

RBI Grade B vacancies were announced for 2023. A total of 291 vacancies have been announced. Out of the total vacancies, 222 vacancies are for General post, 38 are DEPR and 31 for DSIM post. Selection of candidates against the vacancies is done based on Phase 1, 2 and Interview. The vacancy break-up of RBI Grade B exam is given below.

The post-wise RBI Grade B 2021 vacancies is given below.

RBI Grade B 2019 vacancies are given below.

Number of vacancies for General, SC & ST

Number of vacancies for OBC & EWS

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

RBI Grade B salary structure is decided including several allowances, perks and benefits. The gross salary is INR 1,08,404 incluiding allowances, perks and benefits. The pay scale of RBI Grade B is INR 55,200-2850 (9)-80850-EB-2850 (2)-86550-3300 (4)-99750 (16 years). RBI Grade B Salary structure is given below.

Note:

• For candidates having high academic educational qualifications, RBI at its own discretion considers granting up to four advance increments
• The bank, at its own discretion, shall consider requests for higher emoluments because of higher qualification/special experience at the interview stage only
• The number of increments will be a maximum of four
• RBI will not entertain any request received after the interview