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RBI Grade B (GEN) 

The Reserve Bank of India (RBI) conducts RBI Grade B General examination to recruit talented individuals for various departments of the bank. Individuals go through a rigorous selection process comprising three phases: A Preliminary exam, a Mains exam and the final interview. Book your slot today and let us help you reach your goal and give you a chance to earn up to ₹1,08,404/- (approx.).

RBI Grade B (GEN) Vacancy 2024

Every year the Reserve Bank of India declares the number of vacancies for various posts. Lakhs of students appear for the examination competing for the specific posts. For the year 2024 the RBI has released following data for the vacancies.

RBI Grade B (GEN)

291

RBI Grade B General (DR)

222

RBI Grade B DEPR (DR)

38

RBI Grade B DSIM (DR)

31

RBI Grade B General Exam Pattern & Salary

The examination pattern for the Reserve Bank of India Grade B General is as follows.

 

  • Preliminary Examination

    • The Preliminary examination is a two hour test and comprises 200 objective type questions. It should be noted that there are negative markings for incorrect answers. 

  • Mains Examination

    • However the mains examination is a three hour test consisting of three papers. Economics & Social Issues (ESI), Finance & Management (FM), and English Language. The duration of each paper is three hours and there is no negative marking for incorrect answers.

  • Interview

    • The final interview is a 30-minutes session in which the selected candidates are assessed on the prowess of their communication skills, personality and comprehensive knowledge of banking and finance. 

 

RBI Grade B (GEN): Basic Information

Exam Name

RBI Grade B (GEN)

Posts

Grade B (DR) for General, DEPR & DSIM Streams

Conducting Authority

Reserve Bank of India (RBI)

Exam Type

Online

Application Fees

General/ OBC/ EWS – ₹850/- + 18% GST

SC/ST/PWD – ₹100/- + 18% GST

Selection Process

Phase 1: Prelims

Phase 2: Mains

Phase 3: Interview

Job Location

India

Category

Government Job

Website

www.rbi.org.in 

 

The basic pay is ₹55,200/- p.m. and the initial monthly gross emoluments could add up to ₹1,08,404/- (approx.).

RBI Grade B General Eligibility Criteria

Candidates in order to be eligible for the RBI Grade B General Examinations must fulfil the following eligibility criteria. 

  • Age:
    • The candidate must be between the age of 20 & 30 years on the date of the notification. To be specific, the candidate appearing for the next exam should not have been born earlier than May 2 1993 or later than May 01, 2022. 

It should be noted that if you have an M.Phil or a Ph.D degree the upper age limit is extended to be 32 & 34 respectively. Moreover if the candidate belongs to SC/ST category there is a provision for relaxation of the upper age limit up to 5 years. 

  • Educational Qualification:
    • The candidate must hold a bachelor’s degree in any discipline from a government recognised university. Future RBI Officers must have scored 60% marks in graduation (50% of SC/ST/PwBD applicants) or Post Graduation with a minimum of 55% (passing marks for SC/ST/PwBD applicants).  
  • Nationality: 
    • The candidate must be an Indian citizen. 

 

The Strenuous Selection Process

The selection procedure for the RBI Grade B General examination is carried out in three distinct stages. Preliminary examination, Mains examination and Final Interview/Personality Test. 

  • Preliminary Examination. 

    • The preliminary examination or prelims is an objective type test comprising four sections. Reasoning, Quantitative Aptitude, English Language & General Awareness. Candidates are required to score the minimum qualification marks in each section along with aggregate to qualify for the mains examination. 
  • Mains Examination

    • The mains examination is also an objective type test consisting of three papers: Economics & Social Issues (ESI), Finance & Management (FM), and English Language. Here too candidates are required to secure a minimum qualifying marks in each of the three papers along with aggregate marks to qualify for the interview. 
  • Interview

    • This is the final stage of the selection process,where a panel of experts will assess the candidates. It is also known as a personality test where the candidate is judged based on their communication skills, personality along with knowledge of banking and finance. 

 

RBI Grade B (GEN) Cut Offs 2023

RBI Grade B (GEN) Phase 1 2023 exam was announced on August 2, 2023, and paper took place on July 9, 2023, while Phase II was conducted on July 30, 2023. Unusually the cutoffs for Phase 1 & 2 are released 3-4 weeks after the commencement of respective papers. It should be known that the cutoff marks for Phase 2 are yet to be revealed. 

 

RBI Grade B (GEN) Phase 1 Cutoff

Section

General

EWS

OBC

SC

ST

PwBD

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

54.25

54.25

54.25

52.75

44.75

40.25

 

RBI Grade B General Syllabus

The RBI Grade B General syllabus is as mentioned below. 

  • Reasoning:

    • Reasoning includes the following topics. 
      • Analogy. 
      • Classification. 
      • Coding & Decoding. 
      • Number Series. 
      • Puzzles. 
      • Symbol Relationships.

 

  • Quantitative Aptitude:

    • Quantitative aptitude includes the following topics. 
      • Arithmetics. 
      • Algebra. 
      • Geometry. 
      • Mensuration. 
      • Data Interpretation. 

 

  • English Language:

    • The English language includes the following topics. 
      • Reading Comprehension. 
      • Cloze Test. 
      • Essay Writing. 
      • Grammar. 
      • Vocabulary. 

 

  • General Awareness:

    • General Awareness includes the following. 
      • Banking & Finance. 
      • Current Affairs. 
      • Static GK. 
      • Indian Economy. 

 

Preparation tips for RBI Grade B General

Experts at Ecoholics present you with some tips for preparing for the RBI Grade B General Examination. 

  • Start Early

    • It should be taken into account that the RBI Grade B General Examination is a highly competitive examination. Hence early preparation is imperative, candidates are advised to start as early as possible. 
  • Understand the Syllabus & Exam Pattern

    • Candidates should have an in-depth understanding of the syllabus and the examination pattern. This understanding would help you to plan your preparations accordingly and increase your chances of gaining success. 
  • Get Expert Advice 

    • Considering the vastness and complexity of the syllabus, expert guidance is advised. Look for a good expert or a coaching institute that fits the requirement. You can also opt for Ecoholics’ online platform. 
  • Practice Regularly

    • Regular practice is advised to increase your chances of success in the examination. Ensure that you have access to the course material and are able to solve practice tests. Also if possible go through numerous mock tests to better assess your level of preparation. 
  • Stay updated on Current Affairs. 

    • Candidates are also required to have a good understanding of the current affairs, especially surrounding the economy. Candidates are advised to ensure daily reading of newspapers and regular reading of related articles and magazines. 

 

Important Dates for RBI Grade B General

Here are some important dates for the RBI Grade B General Examination. 

  • Notification

    • The notification for the RBI Grade B General examination is generally released by the Reserve Bank of India in the month of January. 
  • Application Form

    • After the notification is released comprising the dates of filling the form, the application form for the RBI Grade B General examination is usually available online between the months of February & March.
  • Preliminary Examination 

    • The first stage of the RBI Grade B Examination, the Preliminary examination, is usually held between the months of May or June. 
  • Mains Examination 

    • The second stage of the RBI Grade B General examination, the Mains usually takes place either in August or September. 
  • Interview. 

    • The third and final stage of the examination, the interview is held either in November or December. 

At Ecoholics, the largest platform for economics, we provide comprehensive coaching for the Reserve Bank of India Grade B examination. Our experts would cover every aspect of examination and would guide you through the maze to becoming a successful RBI Grade B Officer. 

FAQs: RBI Grade B 2023 Complete Information

If you want to be an RBI Grade B officer, knowing the process is the first step to become one. So, the Selection Process of RBI Grade B 2023 consists of three rounds, i.e., Prelims Examination, Mains Examination, and Personal Interview. If you are able to clear all three rounds, you will become entitled to receive the much-coveted letter offering you the post of an RBI Grade B officer. 

The interview round will be held after you clear the first and subsequently the second phase of the Exam. That said, only applicants who will clear the minimum sectional cut off and the overall cut off will be called for the interview round. 

A total of 291 vacancies are released in the RBI Grade B notification 2023. 

These vacancies are divided categorically: 

  • General (DR) 222 Vacancies 
  • DEPR (DR)- 38 Vacancies 
  • DSIM (DR)- 31 Vacancies 

Answer: The Educational Qualification for General (DR) of the candidate should be as follows:  

  • General – minimum aggregate of 60% marks in Graduation or 55% marks in Post-Graduation 
  • SC/ST/PwBD- minimum aggregate of 50% marks in Graduation or pass marks in Post-Graduation 

To know the Educational Qualification for DEPR and DSIM, read the full Eligibility Criteria here. 

The Age Criteria to be eligible for the exam are:  

  • You must be above the age of 21 years but must not have touched the 30th year of your life. 
  • If you have an M.Phil. or a Ph.D. degree, the upper age limits are 32 and 34 years respectively. 
  • If you belong to the SC/ST category, there is a provision for relaxation of the upper age limit up to 5 years. 

Answer: You need to have atleast 60% marks in Graduation (50% for SC/ST/PwBD applicants) or 55% marks in Post-Graduation (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.

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