The Reserve Bank Of India (RBI) is the central bank of India. It was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934. The RBI is headquartered in Mumbai, Maharashtra.
The RBI is responsible for formulating and implementing , maintaining financial stability, and regulating the financial system. It also acts as the banker to the government of India and the banker’s bank.
The Rbi Grade B exam is a national-level examination conducted by the RBI for recruitment to the Grade B officer posts in the RBI. The exam is held annually.
The eligibility criteria for the RBI Grade B exam are as follows:
- The candidate must be a citizen of India.
- The candidate must have a bachelor’s degree with at least 50% marks from a recognized university.
- The candidate must have completed 21 years of age on or before the 1st of January of the year in which the examination is held.
- The candidate must not have attained the age of 30 years on or before the 1st of January of the year in which the examination is held.
The application form for the RBI Grade B exam can be downloaded from the RBI website. The application form can be filled online or offline.
The application fee for the RBI Grade B exam is Rs. 1000 for general category candidates and Rs. 500 for SC/ST/PWD candidates.
The last date for submission of the application form for the RBI Grade B exam is 30th November of the year in which the examination is held.
The RBI Grade B exam is a two-stage exam. The first stage is the preliminary exam and the second stage is the main exam.
The preliminary exam is a computer-based test (CBT) consisting of two papers. Paper I is of 100 marks and Paper II is of 150 marks.
The main exam is a two-day exam consisting of four papers. Paper I is of 200 marks, Paper II is of 200 marks, Paper III is of 200 marks, and Paper IV is of 200 marks.
The syllabus for the RBI Grade B exam is as follows:
- Paper I: General Awareness
- Paper II: English Language
- Paper III: Quantitative Aptitude
- Paper IV: Reasoning Ability
The RBI Grade B exam is a very competitive exam. The cut-off marks for the RBI Grade B exam are very high. The Average cut-off marks for the RBI Grade B exam in the last few years have been around 60%.
The RBI Grade B exam is a very important exam for those who want to make a career in the Banking sector. The RBI Grade B officers are offered very attractive salaries and perks. The RBI Grade B officers are also offered a lot of opportunities for Growth and development.
If you are planning to appear for the RBI Grade B exam, then you should start your preparation early. You should make a study plan and stick to it. You should also practice solving previous year’s papers. You should also take mock tests to assess your preparation level.
I hope this article has been helpful. Good luck for your preparation!
What is the RBI Grade B Exam?
The RBI Grade B Exam is a national-level examination conducted by the Reserve Bank of India (RBI) for recruitment to the Grade B Officer posts in the RBI.
What are the eligibility criteria for the RBI Grade B Exam?
The eligibility criteria for the RBI Grade B Exam are as follows:
- Age: The candidate must have attained the age of 21 years on or before 1st January, 2024 and must not have attained the age of 30 years on or before 1st January, 2024.
- Educational Qualification: The candidate must have a Bachelor’s degree with at least 50% marks in aggregate from a recognized university or equivalent.
- Work Experience: The candidate must have not less than 2 years of post-qualification work experience in any field.
What are the stages of the RBI Grade B Exam?
The RBI Grade B Exam consists of three stages:
- Preliminary Examination
- Main Examination
- Interview
What are the subjects of the RBI Grade B Preliminary Examination?
The subjects of the RBI Grade B Preliminary Examination are as follows:
- English
- Quantitative Aptitude
- Reasoning Ability
- General Awareness
What are the subjects of the RBI Grade B Main Examination?
The subjects of the RBI Grade B Main Examination are as follows:
- Economics
- Finance
- Business Environment
- English
- Quantitative Aptitude
- Reasoning Ability
What is the syllabus of the RBI Grade B Exam?
The syllabus of the RBI Grade B Exam is as follows:
- English: The English paper will test the candidate’s knowledge of grammar, vocabulary, comprehension, and writing skills.
- Quantitative Aptitude: The Quantitative Aptitude paper will test the candidate’s knowledge of arithmetic, algebra, geometry, and Data Interpretation.
- Reasoning Ability: The Reasoning Ability paper will test the candidate’s logical reasoning, analytical reasoning, and problem-solving skills.
- General Awareness: The General Awareness paper will test the candidate’s knowledge of current affairs, HISTORY, Geography, Polity, and economics.
- Economics: The Economics paper will test the candidate’s knowledge of microeconomics, macroeconomics, international economics, and Indian economy.
- Finance: The Finance paper will test the candidate’s knowledge of Financial Markets, financial institutions, and financial management.
- Business Environment: The Business Environment paper will test the candidate’s knowledge of business organizations, business environment, and business Ethics.
What are the marking scheme of the RBI Grade B Exam?
The marking scheme of the RBI Grade B Exam is as follows:
- Preliminary Examination: The Preliminary Examination will be of objective type and will carry 100 marks. Each question will carry 1 mark.
- Main Examination: The Main Examination will be of objective type and will carry 200 marks. Each question will carry 2 marks.
- Interview: The Interview will be of 30 minutes duration and will carry 100 marks.
What is the cut-off for the RBI Grade B Exam?
The cut-off for the RBI Grade B Exam is decided by the RBI. The cut-off is based on the performance of the candidates in the Preliminary Examination and the Main Examination.
What is the salary for the RBI Grade B Officers?
The salary for the RBI Grade B Officers is as follows:
- Pay Band: PB-3
- Grade Pay: 4200
- Initial Basic Pay: Rs. 31,100/-
- Dearness Allowance (DA): 31% of Basic Pay
- House Rent Allowance (HRA): 24% of Basic Pay
- Transport Allowance (TA): Rs. 1000/- per month
- Medical Allowance: Rs. 5000/- per annum
- Conveyance Allowance: Rs. 1000/- per month
- Other Allowances: Rs. 1000/- per month
What are the benefits of being an RBI Grade B Officer?
The benefits of being an RBI Grade B Officer are as follows:
- Competitive salary
- Perks and allowances
- Job security
- Promotion prospects
- Good work environment
- Prestige and recognition