RBI grade B 2024 Eligibility
RBI Grade B – Eligibility Criteria
Candidates preparing for the RBI Grade B exam need to follow certain eligibility criteria in order to apply for the exam. The eligibility criteria have been briefly described below:
Nationality crietria for RBI Grade B
- Candidate must be a citizen of India,
- subject of Nepal or Bhutan or a
- Tibetan refugee permanently settled in India.
Age limits for RBI Grade B
- Candidate must have attained a minimum age of 21 years and must not be more than 30 years in age.
RBI Grade B Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
Category |
Age relaxation |
SC/ST |
5 years |
OBC |
3 years |
Physically Handicapped |
10 years |
PH + OBC |
13 years |
PH + SC/ST |
15 years |
Educational Qualification for RBI Grade B
The educational qualification differs for candidates applying for General, DERP and DSIM specialisations.
RBI Grade B Eligibility Criteria |
Post |
Minimum Qualifications |
RBI Grade B Officer (General) |
A minimum of 60% marks for RBI Grade B in Bachelor’s degree as well as in 12th and 10th Standard examinations |
RBI Grade B Officer (Department of Economic and Policy Research) |
A Master’s Degree in Economics or Finance, with a minimum of 55% marks from a
recognised Indian or Foreign University
|
RBI Grade B (Department of Statistics and Information Management) |
A Master’s Degree in Statistics or Mathematical Statistics/ Mathematical with a minimum of 55% marks |
The number of attempts for RBI Grade B are restricted to six for candidates belonging to the General category. No such restrictions are there for candidates belonging to other categories.
To know more about the RBI Grade B Eligibility Criteria, visit the linked article.
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RBI grade B Exam Pattern -2024
RBI Grade B Exam Pattern
The first step of a fruitful prep for this exam is to become familiar with its pattern. The recruitment of RBI Grade B officers takes place in two stages, which are followed by the interview. Let’s have a look at the RBI Grade B officer exam pattern for the initial three stages:
- Phase I examination
- Phase II examination
- Interview
RBI Grade B is one of the toughest exams in India, especially in the banking sector. Aspirants can also check details of IAS Exam, which has some overlap with the pattern and syllabus of RBI Grade B.
Phase – I
The table below highlights the exam pattern of phase – I for the RBI Grade B Officer exam:
S No.
|
Section Asked
|
No. of Questions
|
Maximum Marks
|
Duration
|
1.
|
General Awareness( 80)
|
General Awareness - 80
Quantitative Aptitude - 30
English - 80
Reasoning -60
Total =200 questions
|
200
|
English - 25 minutes
Quantitative Aptitude - 25 min
Reasoning - 45 min
General Awareness - 25 min
Composite time of 2 hours
|
2.
|
Quantitative Aptitude
|
3.
|
English Language
|
4.
|
Reasoning
|
Phase – II
The table below highlights the exam pattern of phase – II for the RBI Grade B Officer exam:
RBI Grade B Officer Exam Pattern for Phase – II |
Name of the Paper |
Type of the Paper |
Duration (in minutes) |
Marks |
Paper I Economic & Social Issues |
50% Objective Type
50% Descriptive, answers to be
typed with the help of the
keyboard |
30
90
Total-120 |
50
50
Total-100 |
Paper-II English (Writing Skills) |
Descriptive (to be typed with the help of keyboard) |
90 |
100 |
Paper III Finance & Management |
50% Objective Type
50% Descriptive, answers to be
typed with the help of the
keyboard |
30
90
Total-120 |
50
50
Total-100 |
For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.
NOTE: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.
The Board reserves the right to modify the exam dates and time entirely at its discretion.
RBI Grade B 2022 Application Fees
A total of Rs. 850/- is the application fee to be paid by candidates belonging to General and OBC category for RBI Grade B 2022 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.
RBI Grade B 2022 Admit Card
The RBI Grade B Exam Admit Card 2022 will be released separately for both Phase-I and Phase-II exam. The admit card for Phase-II RBI grade B Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B Exam.
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RBI grade B Mains Syllabus RBI grade B Mains Syllabus (Phase -II)
Paper-I - Economic and social Issues
- Growth and Development – Measurement of growth: National Income and per capita income –
- Poverty Alleviation and Employment Generation in India –
- Sustainable Development and Environmental issues. Economic Reforms in India –
- Industrial and Labour Policy – Monetary and Fiscal Policy –
- Privatization – Role of Economic Planning. Globalization –
- Opening up of the Indian Economy –
- Balance of Payments, Export-Import Policy –
- International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation.
- Social Structure in India – Multiculturalism – Demographic Trends – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged –
- Social Movements –
- Indian Political System –
- Human Development – Social Sectors in India, Health and Education.
Paper-II -English (Writing Skills)
The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.
Paper-III -Finance and Management:
(I) Finance
(a) Financial System
- Regulators of Banks and Financial Institutions
- Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.
(b) Financial Markets Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.
(c) General Topics
- Risk Management in Banking Sector
- Basics of Derivatives: Forward, Futures and Swap
- Changing Landscape of Banking sector
- Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
- Financial Inclusion- use of technology
- Alternate source of finance, private and social cost-benefit, Public-Private Partnership
- Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
- The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
- Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI -components and trends.
(II) Management:
- Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation.
- Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
- Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counselling – Career Planning – Training and Development – Rewards – Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
- Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateralcommunication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.
RBI Grade B Mains Exam Pattern
The table below highlights the exam pattern of phase – II for the RBI Grade B Officer exam:
RBI Grade B Officer Exam Pattern for Phase – II |
Name of the Paper |
Type of the Paper |
Duration (in minutes) |
Marks |
Paper I Economic & Social Issues |
50% Objective Type
50% Descriptive, answers to be
typed with the help of the
keyboard |
30
90
Total-120 |
50
50
Total-100 |
Paper-II English (Writing Skills) |
Descriptive (to be typed with the help of keyboard) |
90 |
100 |
Paper III Finance & Management |
50% Objective Type
50% Descriptive, answers to be
typed with the help of the
keyboard |
30
90
Total-120 |
50
50
Total-100 |
For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.
NOTE: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.
The Board reserves the right to modify the exam dates and time entirely at its discretion.
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RBI grade B Prelim Syllabus RBI Grade B Preliminary Exam syllabus
The preliminary examination of RBI Grade B exam will comprise of Reasoning Ability, Quantitative Aptitude, English Language and General Awareness. Here is the detailed syllabus:
Reasoning
|
Quantitative Ability
|
English Language
|
General Awareness
|
Alphanumeric Series
Ranking/Direction/Alphabet Test
Data Sufficiency
Coded Inequalities
Seating Arrangement
Puzzle
Tabulation
Syllogism
Blood Relations
Input Output
Coding Decoding
|
Simplification
Profit & Loss
Mixtures &Alligations
Simple Interest & Compound Interest & Surds & Indices
Work & Time
Time & Distance
Mensuration – Cylinder, Cone, Sphere
Data Interpretation
Ratio & Proportion, Percentage
Number Systems
Sequence & Series
Permutation, Combination &Probability
|
Reading Comprehension
Cloze Test
Para jumbles
Miscellaneous
Fill in the blanks
Multiple Meaning /Error Spotting
Paragraph Completion
|
Current Affairs
Indian Financial Systems
Indian Banking Systems
Monetary Plans
National Institutions
Banking Terms
|
|
RBI Grade B Prelims Exam Pattern
Prelims exam of RBI Grade B Officer is an online mode of examination having 4 sections in total. The total marks allotted for all the sections is 200 and the total time allotted for the completion of all the sections of Preliminary exam is 120 minutes. 0.25 marks will be deducted from every question that is attempted wrong by a candidate in RBI Grade B Prelims exam.
S. No |
Sections / Subjects |
No. of Questions |
Maximum Marks |
Duration |
1. |
General Awareness |
80 |
80 |
Composite time of 2 hours |
2. |
Quantitative Aptitude |
30 |
30 |
3. |
English Language |
30 |
30 |
4. |
Reasoning |
60 |
60 |
4. |
Total |
200 |
200 |
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RBI grade B Interview
RBI Grade B Interview Tips
- All candidates must note that clearing the RBI Grade B Interview won’t land you direct recruitment as a Grade B Officer. The RBI Grade B final selection is done on the basis of marks secured by aspirants in Phase-II (Mains) as well as the Interview round combined. Thus, it can be described in the following manner.
- Mains marks + Interview marks = Final Selection
- Now, suppose there are two candidates out of which one can only be appointed. So, their final selection will be made on the basis of the following manner -
- 300 marks + 75 marks = 375 marks.
- If candidate A has scored 250 out of 375 marks and candidate B has scored 249 out of 375 in both Mains & Interview round combined, candidate A will be appointed over B. It means one will not be recruited necessarily just because they have scored higher marks in RBI Grade B Interview round.
RBI Grade B Interview Preparation Tips
- If you want to know how to prepare for RBI Grade B interview strategically, simply reading questions won’t suffice. As per our experts, answering RBI Grade B interview questions is not the only difficult task. Apart from subject-knowledge, you will need much more in your arsenal to crack the RBI Grade B interview process. Let’s check out the RBI Grade B interview preparation tips in detail below.
- Fill the Biodata Form Properly
- All candidates are asked to fill the RBI Grade B interview bio-data form before the Interview actually takes place. Here, you must write your personal & professional details carefully without any form of fabrication or falsification. Be true to your personality and avoid overwhelming or fake answers about simple things like hobbies too.
- Prepare Generic Personal Questions
- Several RBI Grade B interview questions can be asked in the likes of, “Tell us about yourself”, “Introduce yourself as an RBI officer”, or “Mention something related to RBI in your hometown”. Avoid making answers during the interview, and instead prepare influential questions and answers related to your personality, education, achievement, strengths, weakness, etc beforehand. Keep it simple and easy to understand. Also, don’t forget to reflect your passion on the banking industry to create a good impression on the panel.
- Be Knowledgeable about RBI
- Candidates are expected to know the organisation inside out for which they are applying during any job interview. This holds true for the RBI Grade B interview too. Keep a tab on the official circular/reports and recent developments from the RBI official website.
- As Grade B (Manager) is a middle-management level hiring and is often the senior-most recruitment for any fresher, you can be asked relevant questions about managing large teams. You must also understand that Grade B officers can succeed up to the Deputy Governor level in RBI as out of the four Deputy Governors, two are appointed from internal promotions within the RBI cadre.
- Also go through the latest RBI Study Notes for best preparation now!
- Be Proficient about RBI Grade B Profession
- In the RBI Grade B interview, certain questions related to candidates’ existing job profile and their role in transformation can also be asked. Whether a student is a fresher or a working professional, the recruiter will prefer only those who can perform best to the organisation's needs & demands. Thus, candidates must properly go through the RBI Grade B Job Profile before the Interview to prepare questions in such a way that will make them look job-fit.
- Be Knowledgeable about Current Affairs
- Work on Communication & Interpersonal Skills
- Answering RBI Grade B interview questions correctly won’t fix your final selection in the round. You must be humble, professional and maintain proper courtesy with the Interview. This can be done best by working on your communication and personality skills. Try to address the interviewer respectfully, do not make weird facial expressions or body movements or stammer between your answers. Most importantly, don’t make fake or assumed responses during the RBI Grade B interview as it creates a bad impression.
RBI grade B Strategy of PreparationStrategy of Preparation
RBI Grade B Preparation Tips 2024:
- RBI Grade B exam is a wonderful opportunity for banking aspirants. RBI Grade B is one of the most challenging banking exams in India, therefore, candidates should be well aware of RBI Grade B preparation tips. The preparation strategy for RBI Grade B plays a very important role for an aspirant who wishes to qualify for the exam. Aspirants often seek the answer to 'how to prepare for RBI Grade B' inorder to come up with a robust strategy. RBI Grade B preparation 2024 contains some tips and strategies to be followed while preparing for the upcoming RBI Grade B 2024.
RBI Grade B Preparation Tips 2024
- Candidates must have a holistic RBI Grade B preparation to crack the exam. All aspirants must have a properly designed study plan that focuses on strong willpower and a systematic approach. Besides, candidates should not forget to give time to their physical and mental rejuvenation.
Given below are a few general tips for RBI Grade B:
Understand exam syllabus and difficulty level
Candidates need to identify the subjects through the RBI Grade B syllabus that they need to prepare for the exam. They must also go through the exam analysis of previous years’ exam analysis to understand the difficulty level.
Segregate topics
- After going through the syllabus, candidates must proceed to separate topics based on the difficulty level. Candidates must make a list that includes strong and weak topics separately.
Pick the strong topics first
- Candidates must choose strong topics first as they take less time. Brush up the formulas and basic concepts for all the topics:
Previous years’ question papers
- Solve previous years’ question papers, as it will help you to understand the level of preparation. Moreover, it will help in building confidence and enthusiasm.
Practice mock tests
- Practising mock tests will improve speed and accuracy. It also helps to know where your preparation is lacking.
Revise, rework, and recover
- These are the best mantra to improvise and perform well. The revision will help candidates to know their weak points and motivate them to rework on the same topic. This ultimately enables candidates to recover from the weak points.
Read newspapers
- Candidates must read newspapers and magazines daily to be acquainted with the latest updates.
RBI Grade B Preparation Tips: Section-wise
- Reasoning: The trickiest questions in this section might be Puzzles, Sitting Arrangement (Both Linear and Circular), Ranking, Coding-Decoding, Syllogisms, Blood Relation, Alphabetic Coding. Make sure candidates practice these topics each and every day.
- English Language: This is the easiest section of the exam. Brush up your basic grammar and vocabulary skills. Read newspapers or magazines to increase the reading and grasping speed. Questions are usually asked from Comprehension, Error Spotting, Antonyms & Synonyms, and para jumbles.
- Quantitative Aptitude: Candidates will get questions from topics such as Percentage, Average, Ratio & Proportion, Simplification, Quadratic Equation, Time & Work, Pipe & Cisterns, Simple Interest & Compound Interest, Mensuration. Try to learn shortcuts to solve questions as it will help in saving time during the exam.
- General Awareness: Candidates must keep a tab on the recent developments of both national and international. Prepare at least six to eight months of current affairs for General Awareness section. Candidates will get questions from Government Schemes & Initiatives, Sports Tournaments, Books & Authors, Banking and Financial terms, International Organizations, Monetary and Fiscal Policies, etc.
RBI Grade B Preparation Tips 2024 for 6 Months
Six months are enough for RBI Grade B 2024 preparation. Candidates need to be focussed and dedicated towards their preparation. The tips and tricks to crack RBI Grade B 2024 exam in 6 months are given below:
- Candidates must know the syllabus. The first and foremost thing is knowing the RBI Grade B syllabus. This will help them in finding out the topics and sub-topics that they need to cover for the exam
- It is also important to know the RBI Grade B exam pattern. The exam is conducted in three phases-Phase 1, 2 and interview. Candidates need to clear all the stages of exam
- Candidates must glance through the RBI Grade B previous years' cut offs to know the level of competition
- Candidates must also go through the RBI Grade B previous years' question papers to know the type of questions asked in the exam
- Candidates must prepare year-wise, month-wise, hour-wise and week-wise study plan to crack RBI Grade B exam
- Candidates must attempt mock tests and analyse their performance in the mock tests
RBI Grade B Preparation Tips for Interview
RBI Grade B interview is the final phase of selection process. The marks obtained in the interview are counted for final selection. The total marks allotted to the test are 75. The interview panel assesses a candidate's confidence, knowledge and personality. The tips and tricks to prepare for RBI Grade B interview are given below:
- Fill the bio-data form for RBI Grade B interview carefully
- Prepare some generic questions about yourselft such as introduce yourself, tell us about yourself, why you want to join RBI, etc.
- Candidates must have knowledge about RBI as well as their work profile
- Candidates must brush up their knowledge regarding NABARD, Cooperative Banks, WTO, World Bank, NPA, Stock market, monetary policy instruments, etc.
- Candidates must read newspapers to stay updated with the national and international events. Questions in the interview are also asked from current affairs
-