RBI Grade B Phase 2 Exam 2021: The Reserve Bank of India (RBI) has announced the results of the Phase 1 Recruitment Exam 2021 conducted for the post of Officers in Grade ‘B’ for General (DR), DEPR, and DSIM. Those who appear in the RBI Grade B Exam 2021 on 6 March can visit the official website, www.opportunities.rbi.org.in, and download the Reserve Bank of India Result 2021. Check details, Click Here
RBI Grade B Phase 2 Exam 2021 Announced
The shortlisted candidates will now appear for the RBI Grade B Phase 2 Exam 2021 to be held on 31 March and 1 April. For Garde ‘B’ DEPR and DSIM, the exam will be held on 31 March, and the General (DR) exam will be held on 1 April. Admit cards will be available soon on the official RBI site. The Reserve Bank of India (RBI) Grade B Officer recruitment for 2021 was a highly competitive process, with Phase 2 serving as a crucial stage for candidates who cleared Phase 1. This exam tests in-depth knowledge in specialised areas. Although the 2021 recruitment cycle is now complete, this guide provides accurate historical details for reference and insights into the standard RBI Grade B selection process.
Reserve Bank of India (RBI)
RBI Grade B Phase 2 Exam 2021
Adv No.:- 1/2020-21
RBI Grade B Important Dates
- Application Begin : 28/01/2021
- Last Date for Apply Online : 15/02/2021
- Pay Exam Fee Last Date : 15/02/2021
- Exam Date Paper I : 06/03/2021
- Admit Card Available Paper I : 26/02/2021
- Result Available Paper I : 13/03/2021
- RBI Grade B Phase II – Paper – II & III Online/Written Exam Date : 31 March and 1st April 2021
Application Fee for RBI Grade B
- General / OBC : 850/-
- SC / ST / PH : 100/-
- Pay the Exam Fee for RBI Grade B online mode only.
Age Limit as on 01/01/2021
- Minimum Age : 21 Years.
- Maximum Age : 30 Years.
- Age Relaxation Extra as per Reserve Bank of India RBI Recruitment Rules
RBI Grade B Vacancy Details: Total 322 Posts
| Post Name | Total | RBI Grade B Eligibility Criteria |
| Officer Grade B (General) | 270 | Graduation in any discipline or equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or post-graduation or equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years. Note: Any such full-time course from a recognised university/institute that is taken after Class XII and is at least 3 years in duration/candidates possessing professional and technical qualifications that are recognised by the Government as equivalent to professional and technical graduation, will be eligible for admission to the examination. |
| Officer Grade B (DEPR) | 29 | Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course / Finance with 55% marks. SC / ST: 50% Marks |
| Officer Grade B (DSIM) | 23 | Master’s Degree in Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics with 55% Marks.SC/ST: 50% Marks |
The RBI Grade B Recruitment process is in three phases – Phase-I exam, Phase-II exam, and interview. The Phase I Exam is conducted online in the multiple-choice question (MCQ) format
RBI Grade B Important Links
| Result | RBI Grade B Result for DR | DEPR | DSIM |
| Apply Online RBI Grade B | Link Activate 28/01/2021 |
| Download RBI Grade B Short Notification | Click Here |
| Official Website | Click Here |
RBI Grade B 2021 Exam Centre (Tentative)
- UP: Agra, Prayagraj (Allahabad) , Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzaffarnagar, Varanasi, Gorakhpur, Kanpur, Lucknow.
- Other States: Delhi, Delhi NCR, Bihar, MP, Chhattisgarh and other states in Pan India
RBI Grade B Salary
- The final RBI Grade B Salary, including the incentives and allowances, may go up to Rs. 75,000
RBI Grade B Eligibility 2021 – Educational Qualification & Age Limit
Grade B (DR) – General qualification: 10th & 12th Passed + Minimum 60% marks (50% in case of SC/ST/PwBD) in Bachelor’s degree
Grade B (DR) – DEPR: Master’s Degree with a minimum 55% marks in Economics/Econometrics/Quantitative Economics/Mathematical Economics/Integrated Economics Course/Finance
Grade B (DR) – DSIM: Master’s Degree with a minimum 55% marks in any of these – Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics from IIT-Kharagpur/Applied Statistics & Informatics from IIT-Bombay OR Master’s Degree in Mathematics + 1-Year post-graduate diploma in Statistics OR Masters’s Degree in Statistics from Indian Statistical Institute with a minimum of 55% marks OR Postgraduate Diploma in Business Analytics (PGDBA) of ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks
RBI Grade B 2021 Age Limit
- The minimum age limit to apply for the RBI Grade B 2021 exam is 21 years.
- The maximum age limit for general category candidates is 30 years.
There is a relaxation of the maximum age limit for the RBI Grade B 2021 exam for different categories:
| Category | Age Relaxation |
| SC/ST | 5 Years |
| OBC | 3 Years |
| PwD (General) | 10 Years |
| PwD (OBC) | 13 years |
| PwD (SC/ ST) | 15 years |
| Divorced Women & Widows | 10 Years |
| Jammu and Kashmir residents (Between January 1, 1980, and December 31, 1989) | 5 Years |
| Ex-Servicemen | To the extent of service provided by them to the Armed Forces + 3 years additional (Up to 50 Years of age) |
Exam Pattern (Phase 2)
The Phase 2 exam was conducted online and consisted of three papers, totalling 300 marks. It featured a mix of objective and descriptive questions.
| Paper | Format | Marks | Duration | Key Focus Areas |
|---|---|---|---|---|
| Paper 1: English (Writing Skills) | Descriptive (typed on computer) | 100 | 90 minutes | Essay, précis, comprehension, letter writing, grammar |
| Paper 2: Economic and Social Issues (ESI) | Objective + Descriptive | 100 | 90 minutes | MCQs short/essay-type questions |
| Paper 3: Finance and Management (FM) | Objective + Descriptive | 100 | 90 minutes | For the General stream, Economics/Statistics for DEPR/DSIM |
- Total Marks: 300
- Qualifying Criteria: Separate minimum marks required in each paper (aggregate and sectional cut-offs applied).
- Negative Marking: 0.25 marks deducted for wrong answers in objective sections.
- Final selection is based on combined marks from Phase 2 and the interview.
Key Syllabus Highlights
- English (Paper 1): Emphasis on clear, effective writing skills – essays on economic/financial topics, précis writing, comprehension passages, and business/official correspondence.
- Economic and Social Issues (Paper 2): Topic Area Examples Growth and Development Poverty, unemployment, inequality Indian Economy Globalisation, government schemes Social Issues Education, health, gender equality Current Affairs Economic Survey, Union Budget, RBI reports
- Finance and Management (Paper 3): Topic Area Examples Financial Systems Markets, institutions, regulators Banking and RBI Functions Regulations, monetary policy Risk Management: Types of risks, mitigation strategies Management Principles Leadership, motivation, communication, organisational behaviour Corporate Governance Ethics, transparency
For DEPR/DSIM streams, Paper 3 focused on advanced economics or statistics.
Admit Card, Results, and Selection Process
| Aspect | Details |
|---|---|
| Admit Card Download | From the official RBI portal (opportunities.rbi.org.in) |
| Results Declaration | Phase 2: May 2021; Final: September 2021 |
| Interview Marks | Typically 75 marks |
| Final Merit | Phase 2 (300 marks) + Interview (weighted combination) |
- Phase 2 results were declared in May 2021, followed by interviews.
- The final merit list combined Phase 2 (weighted heavily) and Interview marks.
Preparation Tips for RBI Grade B Exams
| Tip | Recommendation |
|---|---|
| Practice Papers | Solve previous years’ questions and mocks for timing |
| Current Affairs | Focus on economic news, RBI annual reports, andbudgets |
| Descriptive Writing | Regular practice of essays, précis, and letters |
| Recommended Resources | Books like Indian Economy (Ramesh Singh), Financial Management (Prasanna Chandra) |
| Official Reference | Always verify with the RBI website (rbi.org.in) for updates |
The RBI Grade B exam remains one of India’s most prestigious banking recruitments, demanding thorough preparation. For the latest updates on upcoming exams, visit the official RBI site. Best wishes for your preparation!
