RBI Grade B (GEN)

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

• • • The mains examination is a 330 minutes test consisting of three papers. Economics & Social Issues (ESI), Finance & Management (FM), and English Language. The duration of each paper varies and there is a 25% negative marking for incorrect answers.
      

      

  *3 descriptive questions only in paper II (English)

• Interview

• • Before appearing for the interview, the candidate must undergo a Personality Assessment conducted by the Bank, with no marks allotted and it will not be considered in the final selection criteria. The final interview is of 75 marks in which the selected candidates are assessed on the prowess of their communication skills, personality and comprehensive knowledge of banking and finance. 

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 have attained the age of 21 years and must not have attained the age of 30 

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. 

• Phase I Examination 

• • The Phase I 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. 

• Phase II Examination

  • The Phase II Examination is an objective+ descriptive type test consisting of three papers: Economics & Social Issues (ESI), Finance & Management (FM), and English Language.  

• Phase III – Interview

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

RBI Grade B (GEN) Cut Offs 2023

Usually 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 Final Cut Offs 2023

RBI Grade B General Syllabus

The RBI Grade B General syllabus is as mentioned below. 

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 April-May. 

• Application Form

• • After the notification is released between April & May the application form for the RBI Grade B General examination is usually available online between the months of May & June.

• Phase I Examination

• • The first stage of the RBI Grade B Examination, the Phase I Examination, is usually held between the months of July-August. 

• Phase II Examination

• • The second stage of the RBI Grade B General examination, the Phase II Examination usually takes place either in July or in August 

• Phase III -Interview 

• • The third and final stage of the examination, the interview is held between September-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.