RBI GRADE B RECRUITMENT 2021

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RBI GRADE B RECRUITMENT 2021

Introduction:-  RBI (Reserve Bank Of India) or we can say India’s Central Bank. RBI controls the monetary and other various banking policies for the Indian Government. Reserve Bank Of India is Established in 1935 in accordance with the Reserve Bank of India Act,1934 having its permanent office at Mumbai.

RBI having its primary objective to supervise and undertake initiatives for the financial sector like commercial banks, financial institutions and non-banking financial companies (NBFCs) .

Working with RBI is most of candidates desire like heaven, some candidates prepare themselves very before to become part of Reserve Bank of India. To Become its employee is not being employee of any state or central government , its an Central Bank where you will serve as employee if get selected.

RBI issued recruitment notice for Grade B Officers posts through ONLINE application on three different departments – Grade B –General/DEPR/DISM- 2021.Here DEPR(Department of Economic and Policy Research) and DSIM (Department of Statistics and Information Management) ,Eligible Candidates can apply for these post before last date of closing of online forms. There are some important dates regarding above Post of RBI Grade B:-

Officers in GR B (DR) – GeneralPhase-I Online Exam06 March, 2021
 Phase-II Paper-01,02 & 03 – Online Exam                                  01 April, 2021
Officers in GR B (DR) – DEPR                 Phase-I  Paper-01 Online Exam                                    06 March, 2021  
 Phase-II Paper-02 & 03 Online/Written Exam                              March,2021  
Officers in GR B (DR) –  DSIM                 Phase-I Paper-01 Online Exam          06 March, 2021
 Phase-II Paper-02 & 03 Online/Written Exam                                  31 March,2021  

Exam Pattern :-

RBI GRADE B EXAM –GR B (DR) GENERAL

1.PHASE -I

2. PHASE- II

3. INTERVIEW

This Exam for RBI Grade B is conducted in 2 phase and interview also. Where in Phase-I There is General awareness and reasoning papers and in Phase-II containing 3 Papers in which 2 papers are based on 50% MCQs and 50% Descriptive Types Questions. Here we provided all details about syllabus and Marks with time allotted for each papers,

PHASESUBJECTSMARKSDURATION
PHASE-IGeneral Awareness 802 hours
Quantitative Aptitude                      30
English Languages                             30
Reasoning60
PHASE-IIPaper:-01 Economic and Social Issues                            100 (30 MCQs and 6 Descriptive types Questions Attend Any 4 only)2 hours      
Paper:-02 English Language10090 minutes
Paper:- 03 Finance and                 Management                       100 (30 MCQs and 6 Descriptive types Questions Attend Any 4 only)  2 hours
INTERVIEW 75 

RBI GRADE B EXAM- GR B (DR)- DEPR

PHASESUBJECTSMARKSDURATION
PHASE-IPaper- 01 objective types on economics   1002 hours
PHASE-IIPaper:-02 Descriptive paper on economics                                         100180 minutes    
Paper:-03 English Descriptive100 – 90 minutes
INTERVIEW                    75 

RBI GRADE B EXAM- GR B (DR)- DSIM

PHASESUBJECTSMARKSDURATION
PHASE-IPaper:-01 Objective Type on Statistics  100120 Minutes 
PHASE-IIPaper:-02 Descriptive paper on Statistics100180 Minutes 
INTERVIEW 75 

Number of Vacancy:-

  1. Grade B (DR)- General                270
  2. Grade B (DR)- DEPR                     29
  3. Grade B (DR) – DSIM                    23

Pay Scale:- One of the best point for attraction to this particular Job is his Pay scale. Selected person will get basic Pay of Rs.35150 in the Scale of 35150-1750-54400-2000-62400, with all other allowances and facilities as applicable. Grade B Approx. Initial monthly pay will be Rs. 77,200/-per month.

Eligibility:- 

(a)  Age Limits:- A candidates must have Minimum age of 21 years and Maximum age of 30 years as on the 1st January 2021.

(b) Nationality:- A Candidates must be either (i) Indian citizen or (ii) Nepal citizen or (iii) Bhutan Citizen

(c) Minimum Educational Qualification’s:-

POSTSMinimum Educational Qualifications (as on 1st of January 2021):
1. 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 / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note: • Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post OR  
• Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination.  
2. Officers in Grade ‘B’ (DR) – DEPREssential: 1. A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
 2. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
3. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute
3. Officers in Grade ‘B’ (DR) – DSIM1. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR
2. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute;  OR
3. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR
4. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

Syllabus:-

General Awareness:-      

  1. Current Affairs
  2. Indian Banking System
  3. Monetary plans
  4. Sports news
  5. Banking agreements
  6. Awards
  7.  Books and authors
  8. Banking awareness
  9. Indian financial system
  10. Economic News

Quantitative Aptitude:-

  1. Percentage
  2. Average
  3. Ratio & Proportion
  4. Permutation and Combination
  5. Probability
  6. Stocks and Shares
  7. Number Series
  8. Inequalities
  9. Date Interpretation
  10. Simple and Compound Interest

Reasoning:-

  1. Direction Test
  2. Puzzles
  3. Input- Output
  4. Seating arrangement
  5. Syllogism
  6. Coding- Decoding
  7. Blood Relation
  8. Reasoning Analogy
  9. Ranking
  10. Data Sufficiency

English Languages:-

  1. Fill in the Blanks
  2. Sentence Framing
  3. Vocabulary
  4. Tenses Rules
  5. Cloze test
  6. Reading Comprehension
  7. Match the Columns
  8. Sentence Rearrangement
  9. Error Spotting
  10. Grammar

Economic and Social Sciences:-

  1. Development in the Financial Sector
  2. Illiteracy
  3. Rise in Inequality
  4. Human Resource Development
  5. Economic Reforms in India
  6. Growth and Development
  7. Globalisation
  8. Monetary and fiscal policy
  9. Direct and Indirect Taxation
  10. Insurance and Capital Marketing
  11. Government Debt
  12. Benefits of International Trade

Finance and Management:-

  1. Union Budget
  2. Regulation of Banks,
  3. Technology of Banks,
  4. Regulators of banks and financial institutions,
  5. Financial sector regulations,
  6. Union Budget,
  7. Leadership,
  8. Role of information technology,
  9.  Communication Channels,
  10. Nature and scope of managements

Application Fees:-  For General/EWS/OBC application fees will be Rs. 850/- and For ST/SC Fees will be Rs.100/- only. ( Application Fees is exempted for RBI Staff)

How to Apply:-  Eligible candidates can be apply for above RBI officers post by filing online application form through RBI websites https://www.rbi.org.in/.

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For more details please feel free to contact us , we are available to help you. Thank You.

Source –

Reserve Bank of India
https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3944

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