RBI Grade B 2024 Vacancy Notification Out: The Reserve Bank of India (RBI) has officially announced the RBI Grade B 2024 vacancy notification, which offers 94 exciting opportunities for interested candidates. The detailed notification contains information regarding the exam date, eligibility criteria, and application process. Interested candidates are encouraged to review the notification thoroughly and prepare to submit their online applications. Stay updated with all the latest developments by visiting the official website of RBI and make sure your application is submitted before the deadline.
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RBI Grade B 2024 Vacancy Notification Published @rbi.org.in
RBI Grade B 2024 recruitment has begun with the release of the official notification. Online applications for 94 available posts are now open. Key dates include the start of online application on 25th July 2024, with the last date for application being fixed as 16th August 2024. Candidates should also be aware of the window for payment of the application fee, which will be available from 25th July 2024 to 16th August 2024. Make sure you complete the application and fee payment before the deadline to secure your chance for this prestigious position. For more details and to apply online, check out the official recruitment page of RBI.
RBI Grade B 2024 Important Dates
| Events | Dates |
|---|---|
| Short Notice | 19th July 2024 |
| RBI Grade B Notification 2024 | 25th July 2024 |
| Apply Online Starts | 25th July 2024 |
| Last Date to Apply and Pay the Fee | 16th August 2024 (till 06:00 PM) |
| RBI Grade B Phase 1 Exam (DR) – General | 8th September 2024 |
| RBI Grade B Phase 1 Exam (DR) – DEPR & DSIM | 14th September 2024 |
| RBI Grade B Phase 2 Exam (DR) – General | 19th October 2024 |
| RBI Grade B Phase 2 Exam (DR) – DEPR & DSIM | 26th October 2024 |
| RBI Grade B Interview | December 2024 |
RBI Grade B 2024 Application Fees
| Category | Application Fee |
|---|---|
| SC/ST/PWD | Rs. 100 plus GST |
| Gen/OBC/EWS | Rs. 850 plus GST |
| Staff of RBI | Nil |
RBI Grade B 2024 Educational Qualification
| Post | Educational Qualification |
|---|---|
| Officers in Grade ‘B’ (DR) – General | Graduation/Postgraduate in any discipline with minimum 60% marks (50% for SC/ST/PwBD) or Postgraduate with minimum 55% marks (passing marks for SC/ST/PwBD). |
| Officers in Grade ‘B’ (DR) – DEPR | Master’s Degree in Economics or Finance with a minimum of 55% marks or equivalent grade. |
| Officers in Grade ‘B’ (DR) – DSIM | Master’s Degree or equivalent in Statistics, Mathematics, Data Science, or related fields with a minimum of 55% marks. |
RBI Grade B 2024 Age Limit
| Age Limit | Details |
|---|---|
| Minimum Age | 21 years as of January 1, 2024 (expected) |
| Maximum Age | 30 years (should not have reached 30 years as of the date specified in the official notification) |
RBI Grade B Number of Attempts
| Category | Number of Attempts |
|---|---|
| General | 6 Attempts |
| SC/ST/PwD | No Limits |
RBI Grade B 2024 Notification PDF Link
RBI Grade B Notification 2024 PDF has been officially released on the Reserve Bank of India website. Prospective candidates interested in RBI Grade B posts including DR-General, DEPR and DSIM can download the detailed notification PDF using the direct link given below. The application process is currently underway and will remain open till 16 August 2024. To stay updated on all application details and submit your application, visit the official website of RBI at rbi.org.in.
RBI Grade B 2024 Post Details
RBI Grade B exam is conducted every year for various posts. For the 2024 recruitment cycle, the Reserve Bank of India is offering three different posts, each with specific eligibility criteria. Detailed information about these posts is given in the table below:
| Post Name | Description |
|---|---|
| RBI Grade B DR- General | Open to all eligible candidates. |
| RBI Grade B DR- Department of Economic and Policy Research (DEPR) | Requires a Master’s Degree in Economics or related fields. |
| RBI Grade B DR- Department of Statistics and Information Management (DSIM) | Requires a Master’s Degree in Statistics, Mathematics, or a related field. |
Candidates applying for the DEPR or DSIM posts must meet specific educational qualifications, such as a Master’s Degree in Economics, Statistics, Mathematics, or an MBA. For detailed qualification requirements and application procedures, please refer to the notification. RBI Grade B Officers play a crucial role in conducting research and analysis on economic and financial issues, aiding in the development of policy recommendations and strategic initiatives.
RBI Grade B Vacancy 2024
| Post/Category | Grade B (DR) General | Grade B (DR) DEPR | Grade B (DR) DSIM |
|---|---|---|---|
| Unreserved | 27 | 8 | 2 |
| SC | 10 | 1 | 1 |
| ST | 4 | 6 | 4 |
| OBC | 19 | 5 | – |
| EWS | 6 | 1 | – |
| Total | 66 | 21 | 7 |
| Overall Total Vacancy | 94 |
RBI Grade B 2024 Selection Process
| Stage | Description |
|---|---|
| Phase I | – Content: Objective-type questions on English language, quantitative aptitude, reasoning, and general awareness. – Marks: 200 – Mode: Online – Languages: Hindi and English – Nature: Qualifying (Not included in final merit list) |
| Phase II | – Content: Three papers covering economic and social issues, English writing skills, and finance and management. – Syllabus: Varies for General, DEPR, and DSIM posts. – Eligibility: Candidates who clear Phase I. |
| Interview | – Content: In-depth interview assessing the candidate’s knowledge and suitability for the role. – Eligibility: Candidates who clear Phase II. |
RBI Grade B Vacancy 2024: Important Links
| Events | Important Links |
|---|---|
| Online Apply | Online Apply Link for RBI Grade B Vacancy 2024 |
| How to Apply | How to Apply RBI Grade B Online Application Form |
| Notification | RBI Grade B Vacancy 2024 PDF Notification |
| Join Our WhatsApp Channel | Join Our WhatsApp Channel |
| Join Our Telegram Channel | Join Our Telegram Channel |
| Official Website | RBI Career Official Page |
Direct Recruitment for RBI Grade B Officers (2024)
The Reserve Bank of India (RBI) has announced direct recruitment for the post of officer in Grade ‘B’ for the panel year 2024. This recruitment covers three major cadres: General, Department of Economic and Policy Research (DEPR), and Department of Statistics and Information Management (DSIM). Selected candidates will be appointed on probation and will undergo a rigorous selection process to assess their skills and aptitude. This opportunity is ideal for candidates who want to contribute to the important functions of RBI and play a key role in shaping economic and financial policies. Stay tuned for the latest updates and ensure that your application is submitted within the stipulated time frame to be considered for this prestigious position.
RBI Grade B 2024 Exam Pattern: Detailed Overview
The RBI Grade B 2024 exam pattern is designed to assess the skills of candidates in various domains. Below, we provide a comprehensive overview of the exam structure for both Phase 1 and Phase 2.
Phase 1: Preliminary Exam
- Total Marks: 200
- Duration: 120 minutes
- Sections: The exam will consist of four main sections. Specific sectional timings will be detailed in the admission letter.
- Format: Objective-type questions
Phase 2: Main Exam
- Content: This stage consists of several papers covering economic and social issues, English writing skills and finance and management. The exam pattern and syllabus may vary for General, DEPR and DSIM posts.
RBI Grade B Exam Pattern 2024
| Subjects | Questions | Marks | Duration |
|---|---|---|---|
| General Awareness, Quantitative Aptitude, English Language, and Reasoning | 200 | 200 | 2 hours (120 minutes) |
RBI Grade B 2024: Phase 2 Exam Details
Candidates who successfully clear the Preliminary exam will be eligible to advance to the Phase 2 exam for RBI Grade B 2024. The main examination consists of three distinct papers, each designed to assess different skills.
- For RBI Grade B Officers (DR) General: Candidates will need to appear for all three papers.
- For RBI Grade B Officers (DR) DEPR & DSIM: Candidates are required to take Paper II and Paper III only.
Exam Structure:
- Paper I & III: Each paper includes 50% Objective and 50% Descriptive questions.
- Paper II: This is a Descriptive-only paper.
- Marks: Each paper is worth 100 marks.
The English paper in Phase 2 is a Descriptive test, designed to evaluate candidates’ writing skills and proficiency.
Understanding the detailed exam pattern and preparation requirements for Phase 2 is crucial for success in the RBI Grade B 2024 recruitment process.
RBI Grade B 2024 Phase 2 Exam Pattern
| Paper | Format | Duration | Marks |
|---|---|---|---|
| Paper-I (Economic & Social Issues) | Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 | |
| Paper-II (English Writing Skills) | Descriptive | 90 Minutes | 100 |
| Paper-III (Finance and Management) | Objective | 30 Minutes | 50 |
| Descriptive | 90 Minutes | 50 |
RBI Grade B 2024 Interview Process
Candidates who obtain the required aggregate marks in Paper I, Paper II, and Paper III of the Phase II exam will be shortlisted for the RBI Grade B 2024 interview. The interview stage is an important component of the selection process and will be evaluated out of 75 marks.
RBI Grade B 2024 Interview Process
| Important Points | Details |
|---|---|
| Shortlisting Criteria | Candidates will be shortlisted for the interview based on the aggregate marks obtained in Phase 2 (Paper I + Paper II + Paper III). |
| Interview Marks | The interview will be conducted for a total of 75 marks. |
| Psychometric Test | Candidates must undergo a Psychometric Test conducted by the Bank before the interview. This test does not carry any marks and is not part of the final selection criteria. |
| Interview Language | Candidates may choose to interview in either Hindi or English. |
RBI Grade B 2024 Syllabus:
To excel in the RBI Grade B 2024 exam, understanding the syllabus is crucial. Breaking down the syllabus into manageable sections will enhance your preparation strategy. Here’s a comprehensive overview of the RBI Grade B syllabus for both Phase 1 and Phase 2 exams:
Phase 1 Exam Syllabus
The Phase 1 exam includes the following subjects:
- General Awareness: Focuses on the Banking & Financial sector, Current Affairs (both national and international), and topics like Mergers & Acquisitions.
- Quantitative Aptitude: Questions at the level of major bank exams.
- English Language: Comprehension and language skills.
- Reasoning: Analytical and logical reasoning questions.
Phase 2 Exam Syllabus
The Phase 2 exam is divided into three papers:
- Economic and Social Issues: Includes topics such as Growth & Development, Indian Economy, Globalization, and Social Structure.
- Finance and Management: Covers Financial Systems, Financial Markets, Management, Workplace Ethics, and Accounts.
- English Descriptive: Involves essay writing and précis writing.
RBI Grade B Previous Year Question Papers
Utilizing RBI Grade B previous year question papers is essential for effective exam preparation. These papers provide valuable insights into the exam pattern and question types. Practising these papers helps candidates identify strengths and weaknesses, improve time-management skills, and enhance overall exam readiness. Access our extensive collection of previous year’s papers to boost your preparation and increase your chances of success.
RBI Grade B 2024 Salary
The RBI Grade B Officer position offers an attractive salary package. The annual salary for selected candidates ranges from ₹12 to ₹14 lakhs. The detailed pay scale is as follows:
- Basic Pay: ₹55,200
- Increment: ₹2,850 annually for up to nine years
- Gross Monthly Salary: Approximately ₹1,16,914
Additional Benefits:
- House Rent Allowance (HRA): 15% of Basic Pay if housing is not provided.
- Fuel Allowance: Up to 150 litres per month if the candidate owns a car.
- Pension Benefits: Available for government employees.
Job Profile of an RBI Grade B Officer
The RBI Grade B Officer role offers a dynamic and rewarding career. During the two-year probationary period, candidates will:
- Assist in managing designated departments and analysing data.
- Be posted and transferred anywhere in India.
- Manage the country’s currency supply, including issuing and monitoring currency, and combating counterfeiting.
- Perform administrative tasks, such as preparing reports, conducting meetings, and coordinating with other RBI departments.
