rbi grade b recruitment 2020 Free job alert for both fresher and experienced candidates has been updated on 1 April 2020. Get the official link to apply online RBI grade b Recruitment 2020 along with the current RBI Recruitment Notification 2020. Find and check for all new RBI Vacancies 2020.rbi recruit candidate by Grade-B exam
RBI Grade B Recruitment exam 2020
RBI Grade B Recruitment 2020: Every year, the Reserve Bank of India (RBI) conducts RBI Grade B Officer examinations at its various branches across the country to select eligible candidates for Grade B posts, as the Reserve Bank of India pays excellent salaries. Due to the scale and nominated job profile, it encourages thousands of candidates to take the exam every year. Since there are a lot of vacancies to fill the RBI Grade B recruitment exam, it is really important to prepare for this exam effectively. The selection of RBI Grade B officers will be done in three phases through country-level competition i.e. preliminary and main examination followed by an interview.
RBI Grade B exam Notification 2020
The Reserve Bank of India (RBI) will issue an official notification for the post of Grade B Officer in September 2020. This will be a great opportunity for the graduates looking for opportunities in the Reserve Bank of India. RBI) The RBI Grade B 2020 exam has a three stage selection process. Candidates selected after the first phase of the examination and after phase II are called for the final interview process.
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Rbi grade b officer job profile
RBI Grade B Officer Work Profile
It is indeed a privilege to be an officer in the Reserve Bank of India. You will work with intelligent mind and directly handle the finances of our country! Therefore, read below to know about the work profile of RBI Grade B officer.
You should have a good idea about the economic situation of the country in terms of inflation, deflation, GDP growth, GNP, etc.
Guidelines for various public sector undertakings (public sector banks)
You will also be responsible for managing some government and central bank accounts.
Your task will be to ensure that the circulation of coins and currencies in the system works smoothly and properly.
RBI Grade B Officer Job Role and Responsibilities
Listed below are some of the major RBI Grade B rolls and responsibilities.
Ensuring the financial stability of the nation – RBI Grade B officers need to work towards keeping inflation under control and ensure that adequate supply of liquidity of the productive sector is taken care of.
Currency Issues and Circulation – RBI Grade B officials are responsible for circulation of currency and coins to various nationalized banks within the ambit of RBI. They are responsible for the smooth operation of the currency to the subordinate units of the RBI and take note of the same.
Management of Government Accounts – They are also entitled to manage various merchant banking functions for State and Central Government accounts.
RBI Grade B Officer Probation Period
After appearing for Phase 1, Phase 2 and Final Interview, you are called to work with the Reserve Bank of India. For 2 years, you will work in the probation period. At times it can extend up to 4 years depending on the performance of the candidate. Promotion scope is sufficient for RBI Grade B officers after completing the probationary period.
RBI Grade B Officer Working Hours
The job of an RBI grade B officer is of great responsibility. Therefore, officers get work hours that are not stressful.
You will be on probation for 2 years before being appointed.
RBI Grade B officer works 5 days a week.
This is typical for 9 to 5 jobs.
RBI Grade B Online Application Dates
The dates of RBI Grade-B online application will be released along with the official notice. The important dates of RBI Grade B online application Officer Examination are as follows.
RBI Grade-B Exam Dates 2020
RBI Grade-B Events
RBI Grade B online application form
Payment of Application Fees / Intimation Charges:
Result of Phase-I exam
Phase-II exam: General
RBI Grade-B- DEPR / DSIM Paper-II & III (Online/Written Examination)
To be notified later
Declaration of final result
To be notified later
RBI Grade B Vacancy 2020
The Reserve Bank of India (RBI) will announce the total vacancies for the RBI Grade B 2020 examination with its official notice. Lacy Year, RBI started 199 vacancies for 2019. Let’s take a look at the vacancies of RBI Grade B 2019 exam.
|1.||Officers in Grade ‘B’(DR)- General||156|
|2.||Officers in Grade ‘B’(DR)- DEPR||20|
|3.||Officers in Grade ‘B’(DR)- DSIM||23|
RBI Grade B 2020 Application Fee
Application fee for RBI Grade B Exam 2020 will have to be paid online only. Fees payable for different categories are shown in the table below:
|SC /ST/ PWD||Intimation Charges only||INR 100/-|
|GEN/ OBC/ EWS||Application fee including intimation charges||INR 850/-|
- Candidates are required to fill up the duly filled RBI Grade B examination form for future correspondence.
- No separate facility will be provided for making changes in the form.
- Fees paid once will not be refunded under any circumstances.
- Fee / Information Fee Waiver is applicable only to RBI employees who meet the eligibility criteria laid down in Circular CO HRMD. No. G-75/5599 / 05.01.01 / 2013-2014 on 20th December 2013
rbi grade b preparation
As the exam is approaching, the candidates should start preparing for rbi grade b examination. as the number of candidates applying for the exam for the year 2020 is expected to increase.
Since RBI is the central bank of the country, interested people prefer to enter the banking sector by joining RBI b grade. Over the years, applicants have collectively increased to pass the Officer b grade Examination at RBI, requiring candidates to start preparing for their RBI Grade B immediately.
Below are some tips that candidates can follow for preparing for RBI Grade B preparation:
- There is not much time left for the exam preparation of rbi b grade, candidates should go through the entire syllabus and revise the syllabus completely.
- Candidates applying for the RBI Grade B exam should attempt to practise papers and mock tests regularly as this will help in solving the questions within the stipulated time.
- Candidates can visit the RBI Grade B Mock Test page to solve the mock test based on the latest RBI exam pattern.
- Solving previous year question papers will also help the candidates a lot. This will help in analyzing the difficulty level of RBI Grade B Exam. Candidates can solve RBI Grade B previous year paper in the linked article.
- The exam is all about time management. Candidates should know their strengths and weaknesses in the paper and then attempt the questions as it will help them to save some time.
- The final selection of candidates is done on the basis of merit, so it is very important to get high marks in the written examination. Therefore, candidates should prepare accordingly.
The above RBI Grade B Preparation Tips can help candidates to perform better in the RBI Grade B Officer Exam.
The RBI Grade B officer is one of the most awaited and prestigious positions in the banking sector. So candidates start their preparation and keep updated with all the details related to the exam.
RBI Grade B is an exam that you can clear in 1 month or maybe even after 1 year of preparation.
It depends on many factors,
Are you comfortable with prelims subjects and will practice just one month before the exam? Have you tried similar banking exams before and have you cleared them or not?How comfortable are you in subjects like economics, finance, management? Do you have some ideologies like inflation, bonds, stocks?
Are you interested in banking and financial and are keen to learn the basics of them?If your answer is yes to all of them, then 3 months is more than enough. If not, you need to try real hard OT which will require a little more time.
Remember that people have been trying for 3rd or 4th time even after attending the interview in previous attempts, MBA pass outs, people who already work in bank and SBI & IBPS, CSE candidates, Economics students and Many others like have cleared the examinations.
To defeat them, you must have more knowledge than them. How you do it is entirely up to you. This process takes you 3 days, weeks, months or years.
All depends on you!
RBI Grade B Admit Card
- Successful applicants for RBI Grade B Main Exam 2020 will be given their interview call letter in January 2020.
- Candidates can download the admission letter from the official website of the bank.
- Candidates should carefully check the e-letter and if there is any discrepancy / error, they should immediately bring it to the notice of the Board.
Documents required along with the admission card:
In addition to RBI Grade B Admission Card, candidates are required to submit valid photo ID proof issued by GOI or State Government for verification (original as well as a photograph).
There is acceptable photo ID proof like PAN card / passport / driving license / bank card with voter card / photograph etc.
RBI Grade B Exam Centers for Phase-I Exam
|States /UTs||RBI Grade B Exam Centers for Prelims|
|Andaman & Nicobar||Port Blair|
|Andhra Pradesh & Telangana||Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram|
|Arunachal Pradesh||Itanagar, Naharlagun city|
|Assam||Dibrugarh, Guwahati, Jorhat, Silchar|
|Bihar||Bhagalpur, Muzaffarpur, Patna|
|Daman & Diu||Jamnagar|
|Gujarat||Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara|
|Haryana||Hissar, Karnal, Rohtak|
|Himachal Pradesh||Dharamsala, Shimla|
|Jammu & Kashmir||Jammu|
|Jharkhand||Bokaro, Dhanbad, Jamshedpur, Ranchi|
|Karnataka||Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi|
|Kerala||Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil|
|Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur|
|Maharashtra||Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur|
|New Delhi||Delhi –NCR|
|Orissa||Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur|
|Punjab||Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala|
|Rajasthan||Ajmer, Jaipur, Jodhpur, Kota, Udaipur|
|Sikkim||Gangtok, Bardang City|
|Tamilnadu||Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin|
|Uttar Pradesh||Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi|
|Uttarakhand||Dehradun, Haldwani, Nainital, Roorkee City|
|West Bengal||Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri|
RBI Grade B Exam Centers for Phase-II Exam
|Name of the Examination Cities|
RBI Grade B Eligibility
Candidates should follow the eligibility guidelines issued by the RBI before applying online. The basic eligibility criteria for RBI grade b exam 2020 is related to nationality, age limit and educational qualification of the candidate are discussed below:
RBI Grade B Eligibility: Nationality
Candidates appearing for RBI Grade B Exam 2020 should be either:
- Citizen of India or
- The subject of Nepal or Bhutan or
- A Tibetan refugee who settled in India on or before January 1, 1962
- Individuals of Indian descent who have migrated from Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia or Vietnam for the purpose of permanent residence.
Please note that candidates in the categories of (2), (3) and (4) should have a certificate of eligibility issued by the Government of India.
RBI Grade B Eligibility: Age Limit
- rbi exam age limit 21 and 30 years of age on September 1, 2020.
- However, higher age limit for rbi exam of candidates with MPhil. And Ph.D. Eligibility is 32 and 34 years, respectively.
- Candidates in the reserved category are eligible for relaxation at the higher age limit as per the norms of the Government of India.
RBI Grade B Eligibility: Qualifications Requirement
The academic qualifications prescribed for RBI Grade B Exam 2020 are as under:
|Post||Minimum Educational Qualifications|
|Officers in Grade ‘B’ (DR) – (General)|
At least 60% marks in aggregate for all semester/years (50% for SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations from recognized University and Boards respectively.
|Officers in Grade ‘B’ (DR) – DEPR|
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. SC/ST/PWD candidates are allowed a relaxation of 5%
|Officers in Grade ‘B’ (DR) – DSIM||Essential: A Master’s Degree in Statistics/Mathematical Economics/ Mathematical Statistics/Statistics & Informatics/Econometrics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with at least 55% marks in aggregate of all semester/years or an equivalent grade; OR|
Note: For SC/ST/PWD candidates, the minimum marks required in Master’s Degree as in items a, b, c and d above is 50% in aggregate of all semesters/years or an equivalent grade.
RBI Grade B Officer Salary
All the selected in the RBI Grade B officer salary will be paid an annual salary of Rs 12 lakh. This CTC comes with numerous fibers and allowances. The salary of RBI Grade B officer is Rs. 35150-1750 (9) -50900-EB-1750 (2) -54400-2000 (4) -62400. This means that you have to pay Rs. , 35,150 / – in which you have to pay Rs. 1,750 / – for nine years of your service. After completing nine years, you will join the executive band in which the basic salary is Rs. , 0,900 / – and thereafter in the next two years you will get Rs. 1,750 / – and further Rs. 2000 / – for next two years Rs. 62,400 / – and this happens when you do not get any promotion. In addition to the basic salary, various allowances like dearness allowance, house rent allowance, family allowance, telephone allowance, vehicle allowance etc. will be provided along with payment to rbi grade b officer
RBI Grade B Number of Attempts
In the first phase of this post, the general category candidates who have appeared for the examination 6 times before will be considered ineligible to apply. However, there is no such restriction if seats are reserved for SC / ST / OBC / PWD candidates.
RBI Grade B 2020 Exam pattern
RBI Grade B 2020 Selection will be by online examination and interview. the rbi exam pattern is as follow it has two phases: phase 1 & phase 2
First stage online exam (objective type): It will have a single paper for 200 marks And will be held on November 9, 2019. Examination according to the number of candidates Can be held in multiple shifts and also in a few other days. Candidates, however, must be present For exams in only one shift on a given day. Date, time and place at which the candidate To appear for the exam will be specified in the Admission Letter (AL) Candidates on our website (www.rbi.org.in). ‘Improved-scores’ received by everyone Candidates from different sessions (if any) will be normalized in a well-equipped manner. (If
If the exam is taken in more than one session, the number of marks in different sessions will be equalized After the standard practice of IBPS to change the slight difference in the difficulty level of different exams Batteries used in sessions.)
A) The paper will contain tests
I General awareness
ii. English language
iii. Quantitative aptitude and;
iv. To reason
A total of 120 minutes will be given for answering. However, each will be given a separate time Test. Other detailed information regarding the exam will be given in the handout, Candidates will be made available to download along with the admission letter RBI website. Candidates are required to get minimum marks for each examination as well as overall separately Prescribed by the Board. Candidates who get minimum marks for each of the prescribed examinations will be selected separately .The second stage of the examination based on the total marks obtained in Phase-II. At least collected The cut off marks will be decided by the Board for shortlisting for the second phase of the examination The number of vacancies will be the roll number of the candidates selected for the second phase examination Temporarily published on RBI’s website within a week after Phase-I examination
Second Phase Online Examination:
Phase-II Online Examination will be held on 1st December 2019, the selection of candidates is based on the results of Phase-II and the cut-off taken by the Board. Phase-2 examination will be held in shifts.
Candidates must be present in all shifts. Separate admission tickets will be issued for each shift. In the schedule of Phase-II, the concerned candidates will be informed along with the admission card for the second phase. The online examination for the second phase will consist of three papers as follows:
Name of Paper
Type of Paper
Paper-I: Economic and Social Issues
Paper II: English (Writing Skills)
Descriptive, to be typed with the help of the keyboard
Paper-III: Finance and Management
Note: All question papers (in both phases except English test) will be set bilingual in Hindi and English.
Candidates will be shortlisted for the interview based on the total marks obtained In the second phase (Paper-1 + Paper-II + Paper-I), the minimum aggregated cut-off marks shortlisted for the interview will decide on the number of vacancies. The roll numbers of the shortlisted candidates for the interview will be published on the RBI website in due course and the interview call letters will be sent to the registered email id. The interview will be of 50 marks. Candidates can opt for interview in either Hindi or English. The final selection will be made through a merit list which will be prepared by adding the marks obtained by the candidates in the Phase-II examination and interview.
RBI Grade B Exam Result
RBI Grade B exam Result 2020 is now available on the official website of the bank. The RBI Grade B results of the DR-General Main Examination have been published on December 18, 2020. However, the marks obtained in the Prelims, Main Examination and Interview will be available on the Bank’s website only after the final results are declared.
Candidates who get minimum marks as decided by the board in the main examination will be selected for the round of interview.
- The ‘Revised Scores’ obtained by each candidate in different stages of RBI Grade B Exam 2020 will be normalized on an equi-percentile basis.
- Candidates should get minimum marks separately for each examination prescribed by the board as well as for the total examination.
- Candidates eligible for subsequent fees will be notified by e-mail / SMS to download the admission letter or interview call letter.
rbi grade b cut off
Students preparing for the Reserve Bank of India Grade B exam are required to submit sectional as well as overall RBI grade B for the next round of their recruitment process. An idea about the RBI Grade B cut off of Phase 1 and Phase 2 exams helps you understand the minimum number of questions that you should get from the individual sections and the overall exam. So, here is the RBI Grade B cut off 2019 for Phase 1 and Phase 2.
How to check RBI Grade B cut off marks?
The steps to check the cut off marks are given below-
- Go to the official website
- In the home page, candidates will get the link to check the cut off marks
- Open the link, the cut off will appear on the screen
- Check cut off marks
Factors Determining RBI Grade B Marks
The cut off is calculated based on the following factors –
- Exam difficulty
- Total Vacancies
- Number of candidates appearing for the examination
RBI Grade B Syllabus 2020
The course is decided by the RBI itself. The syllabus for prelims and main exams varies as mentioned below.
RBI Grade B Syllabus for Prelims
|English||Quantitative Aptitude||Reasoning||General Awareness|
|Grammar||Mensuration||Puzzles||Banking & Financial Awareness|
|Vocabulary||Time and Work||Seating Arrangement||Monetary Policies|
|Error Spotting||Average, Ratio, Percentages||Directions and Distance||Economic Terms|
|Comprehension||Speed, Distance and Time||Data Sufficiency||Current Affairs|
|Passage Making||Mixture and Allegations||Blood Relations||Financial & Economics News|
|Jumble Words||Permutation and Combination||Syllogism||Static GK|
|Fill in the Blanks||Data Interpretation||Coding Decoding||Government Schemes, Agreement & Deals|
|Sentence Framing||Probability||Inequality||Banking terms, rates, processes|
RBI Grade B Syllabus for Main Exam
Paper-I: Economic and social Issues
Growth and development, measurement of growth: national income and per capita income, poverty alleviation and job creation
The role of sustainable development and environmental issues, economic reform in India, industrial and labor policy, economic and financial policy, privatization, economic planning.
Globalization, opening up of Indian economy, balance of payments, export-import policy, international financial institutions, IMF and World Bank,
WTO, Regional Economic Cooperation, Social Structure in India, Multiculturalism, Demographic Trends, Urbanization and Migration, Gender Issues,
Social Justice: Positive Discrimination on Privileged, Social Movements, Indian Political System, Human Development, Social Sector in India, Health and Education
|Paper-II: English (Writing Skills)||Papers on English will be prepared to assess writing skills and with an understanding of the expression on the subject.|
|Paper-III: Finance and Management|
1. Finance: Financial Systems, Regulators of Banks and Financial Institutions, Reserve Bank of India – Operation and Conduct of Economic Policies, Banking System of India,
Financial Institutions – SIDBI, Exim, NABARD, NHB etc., Financial Markets Primary and Secondary Markets (Forex, Money, Bonds, Equity etc.), Functions, Equipment, Recent Developments,
Banking Risk Management, Basics of Derivatives: Forward, Futures and Swaps, Changing Banking Landscape, Recent Financial Developments
Portfolio investment, public sector reform, disinvestment, financial inclusion – use of technology, alternative sources of financing, private and social cost-benefit, public-private partnership
Role of e-Governance on issues of corporate governance in the banking sector, corruption and inefficiency in the public sector,
Union Budget – direct and indirect taxes; Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission,
Fiscal Policy, Financial Responsibility and Budget Management Act (FRBM), Inflation: Definitions, Trends, Forecasts, Consequences and Measures (Control): WPI, CPI – Factors and Trends.
2. Management: its nature and scope; Management process; Planning, organization, staffing, directing and controlling; The role of a manager in an organization.
Leadership: The functions of a leader; Leadership style; Leadership theory; An effective leader versus an effective leader.
Human Resource Development: The Concept of HRD; Objectives of HRD; Performance appraisal, potential evaluation and development, feedback and performance counseling,
Career planning, training and development, awards, employee welfare.
Motivation, morale and motivation: motivation theory; How managers inspire; The concept of morale; Factors that determine morale; The role of encouragement in boosting morale.
Communication: The steps in the communication process; Communication channel; Written communication against oral; Verbal versus verbal communication;
Up, down and side communication; Communication barriers, the role of information technology. Corporate Governance: Factors Affecting Corporate Governance; Mechanism of corporate governance.
Rbi Grade b book
the RBI Grade B exam is not an easy test to crack without proper preparation and planning. Listed below are some useful reference books for RBI Grade B exam preparation.
|Name of the Book||Publisher/Author|
|Indian Economy||Uma Kapila (Series of Books)|
|Indian Economy||Mishra Puri. (Latest Edition)|
|Growth And Development||Devraj Ray|
|Sociology||C.N. Shankar Rao|
|Financial Management||Prasanna Chandra|
|Public Finance||K K Andley and Sundaram|
|Economic Growth and Development||Mayer and Baldwin|
|Indian Economy||R. Dutt and KPM Sundaram|
|Indian Economy||Mishra and Puri|
|Monetary Theory and Public Policy||Kenneth Kurihara|
|An introduction to Economics||A W Stonier and D C Hauge|
|Recommended reading material for RBI Grade B exam: Officers in GRB-DR-General: According to leading dailies like Economic Times / Hindu / Business Standard News Publications / Bulletin / Reports: Economic and Political Weekly / Southern Economist / Planning / Business India / RBI Bulletins Reports: India Economic Survey / Global Development Report|
Recommended reading material book for RBI Grade B Exam: Officers in GRB (DR) -DDPR / DISM: RBI publications like Annual Report, Monetary Policy Report and Financial Stability Report, Banking Trends and Progress Report in India and Economic Survey published by GOI in last few years. Major economic and political news publications
Which month does the RBI B grade exam notification come out?
RBI b grade exam noification will come out in September 20, 2020
When will RBI Grade B 2020 exam be conducted?
The RBI Grade B 2020 Prelims Examination is expected to be held in November 2020.
What is the Application Fee for RBI Grade B 2020 Exam?
Rs. 850 / – is the application fee for General and OBC category. Rs. 100 / – for SC / ST / PWD category candidates.
Does RBI Grade B exam have negative marking?
Wrong answers will have negative points. About 0.25 marks will be deducted as negative marking system for each wrong answer in both RBI Grade B Preliminary and Main exams.
What is the salary given to an RBI Grade B Officer?
Including the amount, RBI Grade B salary is approximately Rs. , 75, 1 831. Candidates can know the details like RBI Grade B Salary, Allowances, Basic Salary, Allowances etc. in the linked article.