Banking, Finance & Insurance

Yes. Normalisation procedure is applied for the calculation of RBI Assistant scores. The normalisation of scores is done because the exam is conducted in multiple shifts. This is done to adjust the difficulty level of the question papers held across various sessions. The result is announced based on the normalised marks.
Normalisation is very common in all the banking exams that are conducted online and in multiple shifts. RBI employs this process to evaluate the candidates' performance based on difficulty level and parameters of the entrance exam.
RBI conducts the exam in multiple slots. The topics, questions and cut off vary for each shift. Despite all hard work and preparation, the question in one slot may be comparatively difficult from another. To carry out fair and transparent evaluation process, RBI normalizes the scores obtained by candidates.

Yes. There are sectional RBI Assistant cut off marks for prelims and Mains exams. Candidates are required to secure both the sectional and overall cut off marks. The cut off marks are decided based on the difficulty level of exam, number of vacancies, total marks, etc. Candidates securing equal to or more than the cut off marks are selected for the subsequent rounds of selection process. The cut off is the minimum qualifying marks which candidates need to secure inorder to qualify the exam. Candidates not securing the prescribed cut off marks are not selected for the subsequent rounds of selection process. It is mandatory to secure the cut off marks in each section as well as in total as per the category.

The total marks allotted to the prelims exam are 100 whereas it is 200 marks for the Mains exam. The section-wise marks for prelims and Mains exam are given below.
Mains: The mains exam of RBI Assistant carries 200 marks. Each section of the exam carries 40 marks.
Prelims: The prelims exam of RBI Assistant carries 100 marks. The English section carries 30 marks and Quant and Reasoning sections carries 35 marks.
The scores of candidates are calculated as per the marking scheme. For correct answer, candidates score one mark. The marks deducted for wrong answers are 0.25. The corrected score is arrived based on the number of correct and incorrect answers. The corrected score is then normalised using the equi-percentile method.

RBI Assistant marking scheme is prescribed by the examination authority. The scores of candidates are calculated as per the marking scheme. RBI Assistant marking scheme is given below:
For every correct answer, candidates score one mark
For every wrong answer, 0.25 marks are deducted. For example: candidates have answered 25 questions in Reasoning and 20 answers are correct and five answers are incorrect. The score of candidates will be 20x1-5=15.
There is no weightage for LPT. Candidates must be able to speak, write and understand the local language of the state they have applied for. Candidates need to qualify the LPT or else they are not considered for the recruitment exam
The scores of candidates are calculated based on the number of correct and incorrect answers

RBI Assistant scorecard is released within a fortnight after the result is announced. Candidates need to download their scorecards by logging with registration number or roll number and date of birth or password. The hard copy of the scorecard is not sent to candidates by post. RBI Assistant scorecard contains details such as candidate's name, roll number, category, section-wise and overall scores. The following details are printed on RBI Assistant scorecard:
Candidate's name
RBI assistant post result registration number
Roll number
Category
Total aggregate marks obtained in each section
The process to download RBI Assistant scorecard is given below:
Visit the official website of RBI
Go to the Recruitment Related Advertisement link
Click on the RBI Assistant scorecard link on the home page
Enter registration number or roll number and date of birth or password
RBI Assistant scorecard appears on the screen
Download the scorecard and take its printout

Imagine embarking on a journey of professional development through an MBA programme. You may be faced with the decision of choosing between an MBA in Marketing, Finance, or IT. While all these programs offer valuable knowledge and skills, an MBA in IT stands out for its focus on the ever-evolving world of information technology. The curriculum of an MBA in IT programme delves into fascinating topics such as digital marketing, web development, coding, and cybersecurity, preparing you for a career in the rapidly growing IT industry. In contrast, an MBA in Marketing programme sharpens your skills in understanding consumer behavior, advertising, branding, and market analysis, while an MBA in Finance programme hones your expertise in financial management, accounting, investment analysis, and risk management. As you compare different MBA programs, it's important to consider your career aspirations and interests and choose the one that aligns best with your goals.

A degree in MBA with a specialisation in Banking & Financial Services opens up a plethora of job opportunities in various industries, including banking, investment banking, private equity, asset management, insurance, and financial consulting. As an MBA graduate in Banking & Financial Services, you can expect to land a wide range of job roles in these industries, from Investment Banker, Financial Analyst, and Portfolio Manager to Risk Manager, Corporate Finance Manager, Financial Consultant, and Wealth Manager. Investment bankers play a crucial role in helping companies raise capital by underwriting and selling securities, while financial analysts analyze financial data and provide investment recommendations to clients. As a portfolio manager, you will be responsible for managing investment portfolios for clients and making investment decisions on their behalf. Risk managers identify and manage risks associated with financial transactions and investments, and corporate finance managers manage the financial operations of a company, including budgeting, forecasting, and financial analysis. As a financial consultant, you will be responsible for providing advice to clients on financial planning, investment strategies, and risk management, while wealth managers manage the financial assets of high-net-worth individuals and provide investment advice. Pursuing an MBA in Banking & Financial Services is an excellent way to pave the way to a fulfilling and lucrative career in the dynamic and ever-evolving financial services industry.

If you're considering pursuing an MBA in India, you may be wondering about the earning potential in different specializations. Interestingly, graduates in Banking and Financial Services tend to earn higher salaries compared to other MBA fields like HR or Digital Marketing. On average, an MBA graduate in Banking and Finance can expect to earn an impressive annual salary of INR 7,74,000, while those with an MBA in HR may earn around INR 4-6 LPA and those in Digital Marketing may earn around INR 3-6 LPA. However, keep in mind that individual salaries can vary depending on various factors such as acquired skills, level of experience, job role, and the organisation itself. So, it's important to consider all aspects before choosing your MBA specialisation!