RBI GRADE B  RECRUITMENT 2018

Every year Reserve Bank of India (RBI) conducts RBI Grade B 2018 Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As Reserve Bank of India offers an excellent pay scale and reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancy to be filled through RBI Grade B Exam, it is really important to prepare effectively for this exam. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview.

RBI Grade B 2018 Notification

Reserve Bank of India (RBI) has released the recruitment notification for the post of RBI Grade B Officer on 3rd July 2018. RBI Grade B 2018 exam has a three phase selection process. RBI Grade-B Officer Phase-I Exam is scheduled on 16th August 2018 and Phase-II will be conducted on 07th September 2018. Candidates who get selected after Phase-II of the exam are called for the final interview process.

RBI Grade B 2018 Exam Dates

The important dates for RBI Grade B Officer Exam 2018 are as follows:

Event Date
Release of online application form 03rd July 2018
Online Payment of Application Fees / Intimation Charges: 03rd July to 23rd July 2018
Commencement of Phase-I exam 16th August 2018
Commencement of Phase-II exam 07th September 2018
Interview Process To be notified later
Declaration of final result To be notified later

 

RBI Grade B Online Application

The online application for RBI Grade B 2018 exam will start from 03rd July and the closing date is 23rd July 2018.

RBI Grade B Vacancy 2018

Reserve Bank of India (RBI) has introduced 166 Vacancies for 2018 RBI Grade B Exam. Let’s have a look at the tentative vacancy for RBI Grade B 2018 Exam.

Serial Number Posts Vacancy
1. Officers in Grade ‘B’(DR)- General 127
2. Officers in Grade ‘B’(DR)- DEPR 22
3. Officers in Grade ‘B’(DR)- DSIM 17

 

RBI Grade B 2018 Exam Pattern

RBI Grade B 2018 Exam is conducted in three phases:

Phase-I exam

phase-II exam and

interview process

Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.

RBI Grade B Exam Pattern Prelims

Serial Number Section Asked 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
  Total 200 200  

RBI Grade B Exam Pattern Mains

Serial Number Section Asked Paper Type Maximum Marks Duration
1. Economics and Social Issues Objective 100 90 minutes
2. Paper II English (Writing Skills) Descriptive (to be typed with the help of keyboard) 100 90 minutes
3. Paper III Finance & Management Objective Type 100 90 minutes

 RBI GRADE B OFFICER INTERVIEW PROCESS

Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.

RBI Grade B 2018 Exam Syllabus

The syllabus of RBI Grade B 2018 exam is just like the other Bank Exams. The major sections from which the questions are asked are:

Reasoning

Quantitative Aptitude

General Awareness and

English Language

Apart from the above mentioned three sections in Mains Exam, an additional section of English (Written Skills) is also present through which a candidate is tested on his/her writing skills.

RBI GRADE B 2018 ELIGIBILITY

Candidates are required to follow the given criteria to be eligible for RBI Grade B 2018 Exam:

Must be a citizen of India

Must be a subject of Nepal

Must be a subject of Bhutan

Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India.

A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India

Age Criteria: RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2018.

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: Candidate appearing for the RBI officer examination-2018 must be a graduate from a recognized university or institute. He/Shemust have attained 60% marks in the graduation while the same percentage is reduced to 50% for the candidates belonging to the reserved category. Candidates having Doctorate degree with aggregate 50% marks can also apply for the RBI examination. In addition to this, candidates having masters’ degree with 55% marks will be allowed to apply for the RBI Exam 2018. Candidates having post graduate diploma in management or Masters of Business administration can also apply for the RBI Officer Grade B exam 2018. Chartered Accountant (CA), Company secretary or Cost Accountant can also apply for this examination.

RBI Grade B Salary 2018

All the Officers selected through RBI Grade B 2018 Exam will be given the annual salary of 12-14 Lac. Along with this CTC comes numerous emoluments and perks. The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. This means that you will be having basic pay of Rs. 35,150/- in which you will get an increment of Rs. 1,750/- up till nine years of your service. After the completion of nine years you will get into the executive band wherein the basic pay will be of Rs. 50,900/- and then again for the next two years you will get an increment of Rs. 1,750/- and further an increment of rs. 2000/- for the following 2 years thus ending up with the basic pay of Rs. 62,400/- and this is when you don’t get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.

RBI GRADE B 2018 EXAM 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 2018 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.

RBI Grade B 2018 Admit Card

The RBI Grade B Admit Card 2018 will be released separately for both Phase-I and Phase-II exam. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.

RBI Grade B 2018 Exam Results

The results for RBI Grade B 2018 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify both Phase-I and Phase-II exam to get a chance to sit for the interview process. The merit list is prepared in the descending order of the marks obtained by candidates after the interview process is complete. The final selection is based on how well you do in your interview.

RBI Grade B Exam Cut Off

The cut off for RBI Grade B 2018 Exam will be released after each phase of examination is completed. The cut-off for the Phase-I exam will be released first followed by cut off for Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI.

Official RBI Grade B Cut Off 2017 – Phase I

Section Category
GENERAL AWARENESS General OBC SC ST PWD (OH/HI/VH)
16.50 12.50 11.00 11.00 11.00
REASONING 11.00 8.00 6.75 6.75 6.75
ENGLISH LANGUAGE 6.75 5.25 4.75 4.75 4.75
QUANTITATIVE APTITUDE 4.00 2.50 2.00 2.00 2.00
Total Marks 78.00 68.00 64.00 64.00 64.00

Cut Off marks for RBI Grade-B Phase-II and III – 2016

Recruitment Stage Category
Aggregate of Paper- I, Paper-II and Paper-III Gen OBC SC ST
176.75 161.75 155.75 155.75
Aggregate marks in Written exam & Interview 225.50 211.00 204.25 210.25

 

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RBI GRADE B RECRUITMENT 2018
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