RBI Grade B Exam 2021 Notification Out- Apply Online, Check Exam Date, Syllabus, Eligibility

The Reserve Bank of India (RBI) issued the RBI Grade B 2021 notification on January 28, 2021, inviting applications for Officer positions in Grade B. This recruitment was divided into three categories: General, Department of Economic and Policy Research (DEPR), and Department of Statistics and Information Management (DSIM). The total RBI Grade B 2021 vacancy stood at 322 posts, making it a significant opportunity for graduates and postgraduates in relevant fields.
RBI Grade B Exam 2021 Notification Out

RBI Grade B Exam 2021: The Reserve Bank of India (RBI) has released a fresh notification for RBI Grade B Notification 2021 in the newspaper for a total of 322 vacancies. The Reserve Bank of India (RBI) Grade B Exam 2021 remains a landmark recruitment drive for aspiring banking professionals, even years after its conclusion. An overview of the RBI Grade B 2021 notification, including RBI Grade B 2021 exam dates, RBI Grade B 2021 syllabus, RBI Grade B 2021 eligibility, the RBI Grade B 2021 vacancies Here we discuss everything from the RBI Grade B 2021 online application process to the RBI Grade B 2021 admit card download, RBI Grade B 2021 cut-off marks, and RBI Grade B 2021 result announcement. We have enhanced this content to explain it in detail, making it a valuable resource for those interested in RBI Grade B Salary Structure.

RBI Grade B Exam 2021 Notification Out

The RBI Grade B Exam 2021 was a highly competitive recruitment process aimed at filling 322 vacancies across various streams. Released in early 2021, the notification attracted thousands of candidates eager to join one of India’s most prestigious financial institutions. While the application window has long closed, understanding the RBI Grade B 2021 details can provide timeless lessons for future aspirants. This article delves deep into every aspect, ensuring you have all the information needed without altering the original 2021 data.

Reserve Bank of India
RBI Grade B Exam 2021 Recruitment Notification Out
Adv.:- 1/2020-21

RBI Grade B Important Dates

Sticking strictly to the 2021 timeline, here are the key dates that defined the recruitment cycle:

  • Application Begins: January 28, 2021
  • Last Date for Application Online: February 15, 2021
  • Pay Exam Fee Last Date: February 15, 2021
  • RBI Grade B 2021 Exam Date Paper I: March 6, 2021
  • RBI Grade B 2021 Paper II, III Exam Date: March/April 2021

These dates were crucial for candidates planning their RBI Grade B preparation tips, as they allowed ample time for reviewing RBI Grade B previous year papers and practising RBI Grade B mock tests.

Application Fee

The fee structure for the RBI Grade B 2021 online process was straightforward:

  • General / OBC: ₹850/-
  • SC / ST / PH: ₹100/-

Payments were accepted only through online modes, ensuring a seamless experience for applicants.

Age Limit

As per the RBI Grade B 2021 eligibility criteria, candidates needed to meet the following age requirements as of January 1, 2021:

  • Minimum Age: 21 Years
  • Maximum Age: 30 Years

Age relaxations were provided for reserved categories, enhancing inclusivity:

  • 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 (1980-1989): 5 Years
  • Ex-Servicemen: Service period + 3 Years (up to 50 years)

This RBI Grade B age limit policy ensured a diverse pool of applicants.

RBI Grade B Vacancy Details

The RBI Grade B 2021 vacancy breakdown was as follows:

Post NameTotal PostsEligibility Criteria
Officer Grade B (General)270Graduation with a minimum of 60% marks (50% for SC/ST/PwBD) or post-graduation with 55% marks. Full-time courses after Class XII (at least 3 years) or equivalent professional qualifications recognised by the government.
Officer Grade B (DEPR)29Master’s in Economics/Econometrics/Quantitative Economics/Mathematical Economics/Integrated Economics/Finance with 55% marks (50% for SC/ST).
Officer Grade B (DSIM)23Master’s in Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics with 55% marks (50% for SC/ST).

These vacancies highlighted the RBI’s focus on specialised roles.

RBI Grade B Eligibility – Educational Qualifications

Beyond age, the RBI Grade B 2021 eligibility emphasised academic excellence:

  • General Stream: Bachelor’s degree with 60% marks or equivalent.
  • DEPR Stream: Master’s in relevant economics fields.
  • DSIM Stream: Master’s in statistics or related disciplines, including options like PGDBA from premier institutes.

Candidates were advised to verify qualifications against official standards.

RBI Grade B Salary Structure

One of the most attractive aspects of the RBI Grade B role is the compensation. In 2021, the basic pay started at ₹55,200 per month, with increments leading to a scale of ₹55,200-99,750. Including allowances like Dearness Allowance, House Rent Allowance, and others, the gross RBI Grade B salary could reach up to ₹75,000 monthly. This made it a sought-after position for financial stability.

RBI Grade B Selection Process

The RBI Grade B selection process in 2021 involved three stages:

  1. Phase I (Preliminary Exam): Objective test worth 200 marks.
  2. Phase II (Mains Exam): Combination of objective and descriptive papers.
  3. Interview: 50 marks, assessing personality and knowledge.

Candidates needed to clear sectional and overall cut-offs at each stage.

RBI Grade B Exam Pattern

Phase I Exam Pattern

The RBI Grade B phase 1 syllabus was tested in a 200-mark paper lasting 2 hours:

SectionQuestionsMarks
General Awareness8080
English Language3030
Quantitative Aptitude3030
Reasoning Ability6060
Total200200

Negative marking of 1/4th applied for wrong answers.

Phase II Exam Pattern

The RBI Grade B phase 2 syllabus included:

PaperTypeDurationMarks
Economic & Social IssuesObjective90 min100
English (Writing Skills)Descriptive90 min100
Finance and ManagementObjective90 min100

RBI Grade B Syllabus in Detail

Phase I Syllabus

  • General Awareness: Banking terms, current affairs, economic news, and static GK (e.g., RBI functions, IMF, and World Bank).
  • English Language: Reading comprehension, error spotting, and vocabulary.
  • Quantitative Aptitude: Data interpretation, percentages, ratios, mensuration.
  • Reasoning Ability: Puzzles, syllogisms, and seating arrangements.

Phase II Syllabus

  • Economic & Social Issues: Growth, poverty, globalisation, and social justice.
  • Finance and Management: Financial systems, risk management, and leadership theories.
  • English: Essay writing, précis, comprehension.

For preparation, candidates often relied on RBI Grade B books like “Indian Economy” by Ramesh Singh and RBI Grade B previous year papers.

RBI Grade B Important Links

ActivityImportant links
Apply Online for RBI Grade BLink Activate 28/01/2021
Download RBI Grade B Short NotificationClick Here
Official WebsiteClick Here

RBI Grade B Admit Card and How to Download

The RBI Grade B 2021 admit card was released on the official website. Steps included:

  1. Visit rbi.org.in or ibpsonline.ibps.in.
  2. Enter registration number and password.
  3. Download and print.

RBI Grade B Cut-Off and Results

The RBI Grade B 2021 cut-off varied by category, with Phase I overall around 66-70 for general. The RBI Grade B 2021 result was announced shortly after each phase, with final selections based on aggregate scores, including the interview.

RBI Grade B Exam Centres

Centres were spread across India, including major cities like Agra, Allahabad, Delhi NCR, Lucknow, and pan-India locations.

UP : Agra, Prayagraj (Allahabad) , Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzaffarnagar, Varanasi, Gorakhpur, Kanpur, Lucknow.
Other States: Delhi, Delhi NCR, MP, Bihar, Chhattisgarh and Other States in Pan India

Preparation Tips for RBI Grade B (Based on 2021 Insights)

Even though the exam is past, RBI Grade B preparation tips from 2021 remain relevant:

  • Read daily newspapers for current affairs.
  • Practice RBI Grade B mock tests regularly.
  • Focus on weak areas through revision.
  • Use RBI Grade B books and online resources.
  • Work on speed and accuracy for timed sections.

RBI Grade B Interview Questions

Common RBI Grade B interview questions in 2021 included queries on banking reforms, economic policies, and personal motivations.

FAQs on RBI Grade B Exam 2021

What is the RBI Grade B vacancy count?

322 posts

How to check the RBI Grade B result?

Via the official RBI website

What is the RBI Grade B salary?

Up to ₹75,000- with allowances

Is there negative marking in RBI Grade B exam pattern?

Yes, 1/4th mark

When was the RBI Grade B 2021 notification released?

anuary 28, 2021

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