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Q1. Is RBI Grade B 2024 Notification 2024 released?
Ans. Yes, RBI Grade B 2024 Notification has been released on 25th July 2024 on the official website of Reserve Bank of India (RBI).
Q2. Does RBI Grade B notification come every year?
Ans. Every year, RBI holds exams to hire people for different jobs. The most well-known ones are RBI Grade B and RBI Assistant. Working at RBI is seen as a big achievement, so a lot of people apply for these exams.
Q3. How to apply RBI grade B 2024?
Ans. The Reserve Bank of India (RBI) has announced the RBI Grade B Apply Online Dates 2024 with official notification. If you meet the requirements, you can fill out the application form on the official website.
Q4. How to download call letters for RBI grade B online exam?
Ans. To download your admit card for the RBI Grade B online exam, visit the official RBI website. You'll also receive a message or email with instructions on how to download your admit card.
Q5. What is the RBI Grade B Syllabus 2024?
Ans. The RBI Grade B Phase 1 Syllabus 2024 has four parts: General Awareness, English Language, Quantitative Aptitude, and Reasoning Ability. Each section is equally crucial because there's not just an overall cut-off but also a cut-off for each section. To do well, aim for good scores in all four sections.
Q6. How many times can a candidate attempt RBI Grade B 2024 Exam?
Ans. If you are a general category candidate, you have 6 attempts, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates. By 6 attempts, it means you should have taken the RBI Grade B Phase 1 exam 6 times. If you have already taken the RBI Grade B Phase 1 exam 6 times, then you are not eligible to apply.
RBI Grade B 2024 Notification Out, Apply Online for 94 Vacancy
RBI Grade B 2024 Notification has been released for 94 posts on 25th July 2024 @www.rbi.org.in. Check out the blog for details regarding the RBI Grade B notification details, RBI Grade B Apply online dates, exam pattern, syllabus, etc.
Priyanka Dahima3 Oct, 2024
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RBI Grade B 2024:
For the Financial Year 2024-25 the Reserve Bank of India (RBI) released the RBI Grade B 2024 Notification on 25th July 2024 on the official website https://www.rbi.org.in/. As per officials, they are going to recruit
94 Officers in
Grade ‘B’ (DR)–General, DEPR, and DSIM.
If you are aiming to pass the RBI Grade B 2024 Exam, you should first understand the Eligibility Criteria, Selection Process, Exam Pattern, Syllabus, etc. Check out all the essential details related to RBI Grade B 2024 on the article below.
RBI Grade B 2024 Notification
The Selection of RBI Grade B Officers is done through a nationwide competitive examination in three stages i.e. Prelims and Mains exam followed by Interview. Due to the excellent pay scale and prestigious job profile of the Reserve Bank of India, thousands of banking aspirants eagerly wait for this exam every year.
RBI Grade B 2024 Phase 1 Exam for Grade B (DR) - General Exam to be held on 09th August 2024 and for DEPR & DSIM posts prelims exam to be organized on 14th September 2024.
RBI Grade B 2024 Notification PDF
The Reserve Bank of India (RBI) has now released the detailed RBI Grade B 2024 Notification on the official website www.rbi.org.in on 25th July 2024. RBI Grade B 2024 Notification PDF is the go-to document for candidates seeking details about the recruitment. Before applying, it is recommended to read through the PDF and understand the requirements. Before applying, candidates should ensure that they fulfil the eligibility criteria for the RBI Grade B posts. As it is available on the official website, we have attached below a direct link for you to download the RBI Grade B 2024 Notification PDF.
RBI Grade B 2024 Overview
The RBI Grade B exam is highly rated and prestigious job that offers candidates an opportunity to work with the Central Bank of India. The Reserve Bank of India (RBI) conducts the RBI Grade B Officer Examination to select suitable graduates for the post of Grade B Officers across the country. To know in exam summary about RBI Grade B Exam 2024, the candidates can refer to the below overview table containing the important information about RBI Grade B Recruitment 2024.
RBI Grade B 2024 Overview
Exam Details
Exam Name
Organization
Reserve Bank of India
Exam Name
RBI Grade B
Post
Grade B Officers
Vacancy
94
Category
Bank Jobs
Language of Exam
English
Selection Process
Phase I, Phase II & Interview
RBI Grade B Salary
Rs. 55,200/- Basic Pay [Revised]
Job Location
Across India
Official website
https://www.rbi.org.in/
RBI Grade B Important Dates
Reserve Bank of India releases the RBI Grade B apply online dates and Exam Date along with the official RBI Grade B Notification 2024 that has been released on 25th July 2024.
The RBI Grade B Online application link has been activated from 25th July 2024 onwards.
The complete schedule of the RBI Grade B Recruitment 2024 has been tabulated below.
The RBI Grade B exam is a national government exam administered by the Reserve Bank of India (RBI). It is aimed at people who want to work in banking. The RBI Grade B Vacancy 2024 details are released along with the RBI Grade B 2024 Notification. Reserve Bank of India (RBI) has announced 94 vacancies for the financial year 2024-25. For the candidates' convenience we have tabulated below the details of the RBI Grade B Vacancy 2024.
RBI Grade B Vacancy 2024
Post
Vacancy
Officers in Grade ‘B’ (DR)–(General)
66
Officers in Grade ‘B’ (DR)–DEPR
21
Officers in Grade ‘B’ (DR)–DSIM
07
Total
94
RBI Grade B 2024 Application Form
Along with release of the RBI Grade B 2024 Notification PDF on 25th July 2024, the RBI Grade B Online application link has been activated on the official portal of RBI. Candidates can register on the RBI official website www.rbi.org using valid mobile number and email address. The apply online window will remain open till 16th August 2024 (up to 6:00 pm). The application will be accepted only after paying the fee mentioned as mentioned in the notification pdf. We have mentioned here the RBI Grade B 2024 Apply Online link as it has been activated on the official career portal of RBI.
RBI Grade B 2024 Application Fees
Here are the application fees based on categories. A total of Rs. 850/- for RBI Grade B 2024 Exam candidates belonging to General and OBC categories. The same amount was reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category. Get the details of the RBI Grade B Application Fee that have been tabulated below
RBI Grade B 2024 Application Fee
Category
Fees
General/OBC
Rs. 850 + 18% GST
ST/SC/PWD/EXS
Rs. 100 + 18% GST
RBI Grade B 2024 Exam Date 2024
Reserve Bank of India has announced RBI Grade B Exam 2024 Phase 1 & Phase 2 Exam Dates along with RBI Grade B 2024 Notification. Candidates who fill the application forms have to appear for the preliminary or 1st stage exam on 8th and 14th September 2024. After clearing the preliminary exam, the eligible persons have to appear for the RBI Grade B Mains exam 19th and 26th October 2024.
Phase 1 Exam for Grade B (DR)- General- 8th September 2024
Phase 2 Exam for Grade B (DR)- General- 14th September 2024
Phase 1 Exam for Grade B (DR)- DEPR & DSIM- 19th October 2024
Phase 2 Exam for Grade B (DR)- DEPR & DSIM- 26th October 2024
RBI Grade B 2024 Eligibility Criteria
Aspiring candidates who want to apply online for RBI Grade B Recruitment 2024 must be aware of the eligibility criteria before applying for RBI Grade B Vacancy 2024. Here we have also shared the eligibility criteria in terms of education qualification and age limit.
The RBI Grade B Notification 2024 is released for various posts, including:
Officers in Grade 'B' (DR) - (General)
Officers in Grade 'B' (DR) - DEPR
Officers in Grade 'B' (DR) - DSIM
RBI Grade B Educational Qualification
(a) Officers in Grade ‘B’ (DR)–(General):
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 the aggregate of all semesters/years.
Note:
Graduation Level:
Any such course from a recognized University / Institute that is taken after Class XII and is at least of 3 years duration/ candidates possessing professional or technical qualifications which are recognized by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
Post-Graduation Level:
Any such course from a recognized University / Institute that is taken after Graduation and is at least of 2 years duration / recognized by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
(b) Officers in Grade ‘B’ (DR)–DEPR:
a. A Master’s Degree in Economics (or any other master’s degree where “Economics” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, and Industrial Economics) OR
b. A Master’s Degree in Finance (or any other master’s degree where “Finance” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance).
For a) and b) above, a minimum of 55 percent marks or an equivalent grade is required in aggregate of all semesters/years from a recognized Indian or foreign University / Institute.
(c) Officers in Grade ‘B’ (DR)–DSIM:
a. 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 a one-year postgraduate diploma in Statistics or related subjects from an Institute of repute; OR
c. Master’s degree course 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 recognized 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 recognized 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 recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.
RBI Grade B Age Limit (As on 01/07/2024)
The Reserve Bank of India will specify the cut-off date for the age limit. As of now, the age limits are
RBI has prescribed the minimum age limits to appear in the RBI Officer (Grade B) exam. Applicant must be 21 years old and not 30 years old i.e. born not earlier than July 2, 1994 and not later than July 1, 2003 to apply for RBI Grade B Examination 2024. Candidates having M.Phil. and the upper age limit for PhD is 32 years and 34 years.
RBI Grade B Age Relaxation
Category
Relaxation
SC/ST
5 years
OBC
3 years
Ex-Servicemen
5 years
ECOs/SSCOs
5 years
PwD
10 years (Gen/EWS)
13 years (OBC)
15 years (SC/STs)
Experienced Candidates – Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBI
The upper age limit should not exceed 33 years including experience
Ex-employees of banks going into termination and/or liquidation/ personnel retrenched from government offices with at least 1 year of service
5 years
Candidates with M.Phil
2 years
Candidates with PhD
4 years
Note: The Reserve Bank of India will specify the cut-off date for the age limit.
RBI Grade B Nationality
To be eligible for RBI Grade B, you must be:
A Citizen of India
A subject of Nepal or Bhutan
A Tibetan refugee permanently settled in India before January 1, 1962
A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam, with the intention of permanent residence in India.
RBI Grade B 2024 Number of Attempts
The RBI sets the number of attempts for each category. Here are the details:
Category
Number of Attempts Allowed
General Candidates
6
SC/ST/OBC/PWD Candidates
No Bar
RBI Grade B 2024 Selection Process
A three-stage process consisting of Stage I (Preliminary Exam), Stage II (Main Exam) and Interview is the selection process for RBI Grade B vacancies. RBI Grade B 2024 exam will be conducted in three stages, the preliminary exam is objective in nature and the main exam includes both objective and descriptive exam. Here are the stages of RBI Garde B 2024 Selection Process.
Stage I – Phase 1 (Prelims)
Stage II – Phase 2 (Mains)
Stage III – Phase 3 – Interview
RBI Grade B 2024 Exam Pattern
The RBI Grade B Exam has three stages – Phase I, Phase II, and Interview. The details of the RBI Grade B Exam Pattern for all three stages are mentioned below
RBI Grade B Prelims Exam Pattern
Total Questions: 200
Total Marks: 200
Duration: 120 Minutes (2 hours)
Negative marking: 0.25 Marks deducted for each wrong answer.
RBI Grade B Prelims Exam Pattern
Section
No. Of Questions
Marks
Duration
English Language
30
30
25 Minutes
General Awareness
80
80
25 Minutes
Quantitative Aptitude
30
30
25 Minutes
Reasoning
60
60
45 Minutes
Total
200
200
120 Minutes
RBI Grade B Mains Exam Pattern
Detailed exam pattern for each paper is provided below:
Paper-I: Economic and Social Issues
Type: 50% Objective, 50% Descriptive
Time: 120 Minutes
Questions: 30 Objective, 4 Descriptive
Marks: 100
Paper-II: English (Writing Skills)
Type: Descriptive
Time: 90 Minutes
Questions: 3
Marks: 100
Paper-III: General Finance & Management
Type: 50% Objective, 50% Descriptive
Time: 120 Minutes
Questions: 30 Objective, 4 Descriptive
Marks: 100
RBI Grade B Mains Exam Pattern
Sections / Subjects
Paper Type
Maximum Marks
Duration (minutes)
Paper I: Economics and Social Issues
50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)
50
50Total-100
30
90120 minutes
Paper II: English (Writing Skills)
Descriptive (3 questions)
100
90 minutes
Paper III: Finance and Management
50% Objective Type and 50% Descriptive
50
50Total-100
120 minutes
*In the case of descriptive, answers are to be typed with the help of the keyboard.
RBI Grade B Interview 2024
The final stage of the selection process is the interview. See below mentioned interview phase points:
Candidates will be selected for the interview based on the total number of points obtained in the 2nd phase (paper 1 + paper 2 + paper 3).
Minimum limit of aggregate results Points to achieve the an interview will be decided by the board based on the number of open positions.
An interview consist of 75 marks.
The candidate is required to pass a psychometric test conducted by the bank before coming to the interview. No marks will be awarded for this and it will not be part of the final selection criteria.
Candidates can choose whether the interview will be conducted in Hindi or English.
RBI Grade B Salary 2024
We have tabulated the monthly salary of RBI Grade B Officer here. Look, please. As per the recent RBI grade B salary revision, the basic salary is Rs 55,200 per month. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years) and gross monthly salary is around Rs. 1.08 lakhs.
i. Dearness Allowance,
ii. Local allowance,
iii. House Rent Allowance,
iv. Family allowance and
v. Grade Allowance
The gross monthly emoluments for an RBI Grade B Officer
Rs 1.08 Lakhs approximately.
RBI Grade B 2024 Admit Card
Candidates must download the RBI Grade B 2024 admit card from the official website of the RBI as the hard copy of the RBI Garde B Admit Card will not be sent to the candidate via post. To login on to the official website, the candidates will require the following:
Date of Birth/ Password
Registration No/Roll No
The call letter will be made available 10 to 15 days before the RBI Grade B 2024 Exam. The admit card or call letter for RBI Grade B Exam 2024 will be issued in 3 phases:
• Online Preliminary Examination
• Online Mains Examination
• Interview
RBI Grade B 2024 Result
Reserve Bank of India (RBI) will release the results after the completion of each phase of the Examination. The Final Merit state-wise and category-wise list shall be prepared in descending order of the marks secured by the candidates in the Online Main Examination and interview. Candidates who fall within the number of vacancies in the merit list shall be considered for appointment subject to Medical Fitness.
RBI Grade B 2024 Cut Off
RBI Grade B 2024 exam cut off will be released after clearing each stage of the exam. Phase-I exam failure will be published first, followed by Phase-II failure. Candidates can evaluate their marks and options by comparing their marks with the final list published by RBI. Go through the RBI Grade B Phase I Cut Off (Previous Year).
RBI Grade B Phase I Cut Off (Previous Year)
Section
General/UR
EWS
OBC
SC
ST
PwBD (OH/HI/VH/MD)
General Awareness
12
12
8
6.25
6.25
6.25
Reasoning
9
9
6
4.75
4.75
4.75
English Language
4.50
4.50
3
2.25
2.25
2.25
Quantitative Aptitude
4.50
4.50
3
2.25
2.25
2.25
Total Score Aggregate
54.25
54.25
54.25
52.75
44.75
40.25
RBI Grade B 2024 Exam Center
The details regarding the RBI Grade B 2024 exam centres where the examination is to be conducted are provided in the below table for the reference of the aspirants who are going to apply for the examination. Candidates can refer to the
RBI Grade B Phase I exam centres 2024
and
RBI Grade B Phase II exam centres 2024
details here.