RBI Grade - B 2024

Shankar School of Banking July 22 , 2024 713

Important Dates

Online Appllication date - July 25 to August 16 2024

 

Phase I online exam - September 08, 2024.

Phase II online exam - October 19, 2024.

 

Application Fee

RBI GRADE-B-2024 – Application Fee :

 

S. No.

Category

Charges

Amount*

1.

SC/ST/PwBD

Intimation Charges only

₹100 + 18% GST

2.

GEN/OBC/EWSs

Application fee including Intimation Charges

₹850 + 18% GST

3.

STAFF

Nil

Nil

Vacancy Details

Total Vacancy - 94

Officer General - 66

Officer DEPR - 21

Officer DSIM - 07

Age Limit

RBI GRADE-B 2024 – Age Limit (As on 01-07-2024)

    • The RBI Grade B Minimum and Maximum age limit are as shown below along with the age relaxation for the reserved category candidates.
    • Minimum age limit: 21 years
    • Maximum age limit: 30 years
    • Age Relaxation is as per Govt. norms as given below:

Code No.

Category

Age Relaxation

1

SC/ST

5 years

2

OBC

3 years

3

Physically Handicapped

10 years

4

PH + OBC

13 years

5

PH + SC/ST

15 years

Education Qualification
  1. RBI GRADE-B – 2024 – Educational Qualification (As on 01-07-2024)
    • The candidates must possess the Minimum Educational Qualification required under RBI Grade-B – 2024 Recruitment. Go through the below table for the details.

Posts

Minimum Educational Qualification

Officers in Grade-B (DR) - (General)

Graduation in any discipline/Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline/Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.

 

Note:

Graduation Level:

Any such course from a recognised University/Institute that is taken after Class XII and is at least of 3 years’ duration/candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

 

Post-Graduation Level:

Any such course from a recognised University/Institute that is taken after Graduation and is at least of 2 years’ duration/recognised by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

Officers in

Grade-B

(DR) - DEPR

Essential:

  1. A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA/MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics)

 

OR

 

  1. A Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum/syllabus, namely MA/MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance)

 

  1. For (a) and (b) above, minimum 55 per cent marks or an equivalent grade is required in aggregate of all semesters/years from a recognized Indian or foreign University/Institute.

 

*  “Principal constituent" with respect to syllabus/curriculum means half or more of the total courses/electives/credits must be in Economics or Finance.

 

Note I: For SC, ST and PwBD candidates, the minimum marks required in Master's Degree as in items (a) and (b) above is 50% marks or an equivalent grade in aggregate of all semesters/years.

 

Desirable: A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals.

 

Note II:

  1. Candidates having M.Phil Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

 

  1. Candidates having Master's Degree with research/teaching experience at a recognized Indian/Foreign University/Institute in economics will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

 

  1. The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II-(b) above.

Officers in Grade-B

(DR) - DSIM

Essential:

  1. A Master's Degree in Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/ Statistics & Informatics/Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years;

 

OR

 

  1. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and one year post graduate diploma in Statistics or related subjects from an Institute of repute;

 

OR

 

  1. Master’s degree course in Data Science/Artificial Intelligence/Machine Learning/Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/Institute, an institute of national importance, UGC/AICTE approved programme;

 

OR

 

  1. Four-year Bachelor’s degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/years in Data Science/AI/ML/Big Data Analytics from a recognized University/Institute, an institute of national importance, UGC/ AICTE approved programme;

 

OR

 

  1. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/Institute, an institute of national importance, UGC/AICTE approved programme.

 

Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c), (d) and (e) above is 50% or an equivalent grade in aggregate of all semesters/years.

 

Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.

 

Note:

  1. Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

 

  1. Candidates with research/teaching experience at a recognized Indian/Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

 

  1. The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.
Other Details

LEVEL OF EXAMS :

  1. RBI GRADE-B 2024 – Prelims Exam Pattern :
    • The preliminary exam of RBI Grade B Officer 2024 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 the Preliminary exam is 120 minutes.
    • A separate time will be allotted for each test and further details will be provided with an information handout which is to be released with admit card.
    • Candidates have to secure minimum marks separately for each test as well as in aggregate.
    • There will be a negative marking of ¼th mark for each incorrect answer.

S.

No.

Section Asked

No. of Qns.

Max

Marks

Duration

1.

General Awareness

80

80

25 minutes

2.

Quantitative Aptitude

30

30

25 minutes

3.

English Language

30

30

25 minutes

4.

Reasoning

60

60

45 minutes

Total

200

200

120 minutes

Note:

The above RBI Grade B Prelims Pattern is as per the last year's Information Handout.

 

RBI Grade - B 2024 online application will be opened on July 25, 2024 and candidates can apply through www.rbi.org.in website

  1. RBI GRADE-B 2024 – Mains Exam Pattern :
    • RBI Grade B Mains exam has total marks of 300.
    • The mains (Phase-II) examination for RBI Grade B Officers in Gr B (DR)- General is consist of 3 papers (Paper-I + Paper-II + Paper-III).
    • Candidates are required to appear for all shifts.
    • Separate Admission Letters will be issued for each shift.
    • The Phase-II online Examination will be conducted only for the candidates who are shortlisted based on results of Phase-I and based on the cut-off decided by the Board.
    • The Phase-II examination will be in shifts. Candidates are required to appear for all shifts.

 

S.

No.

Sections/Subjects

Paper Type

Max

Marks

Duration (minutes)

1.

Paper I:

Economics and Social Issues

50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)

 50 +

 50

= 100

30 +

90

= 120

2.

Paper II:

English (Writing Skills)

Descriptive

(3 questions)

100

90 minutes

3.

Paper III:

Finance and Management

50% Objective Type and 50% Descriptive

 50 +

 50

= 100

30 +

90

= 120

 

    • 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 the 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, the candidate answers more than 4 questions in descriptive, the first 4 shall be evaluated.

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