RBI Grade B is one of the most sought-after jobs in India's banking sector. Through RBI Grade B Exam, selected candidates are recruited to the post of Officer in Reserve Bank of India. With an attractive pay scale and reputed job profile, every year thousands of students take the RBI Grade B exam. It is very important to plan for this review effectively with a few vacancies. Every year, Reserve Bank of India (RBI) releases the notification for application form of Grade B post-Officers General, DEPR and DSIM on its official website.
After the selection of the candidate as RBI Grade B officer, a probation period of two years along with 15 weeks of training is kept. This probations period can be extended to 4 years. The venue of this training is the Reserve Bank Staff College. The job profile of the RBI Grade B officer differs from one post to the other based on the locations candidates have posted. The departments include Financial Markets, Banking Supervision, Banking Regulation, Currency Issuing, Public Debt Office, Foreign Exchange, HRD. We have discussed the job profile of officer of RBI Grade B in a very precise manner below.
If you wish to clear RBI Grade B exam, you must know about RBI Grade B exam latest updates, selection process, eligibility, exam pattern, syllabus, previous year cut off etc before starting RBI Grade B exam preparation. In this article, we have covered all information which is very crucial for your RBI Grade B exam preparation holistically. You are requested to go through this article to get all the relevant information for the RBI Grade B exam.
Exam name |
RBI Grade B |
Conducting authority |
Reserve Bank of India (RBI) |
Exam level |
National |
Exam category |
Undergraduate |
Post name |
Grade B (DR) for General, DEPR, DSIM streams |
Selection stages |
Online examinations (Phase I and II) and Interview |
Mode of exam |
Online |
RBI Grade B Events |
RBI Grade B Exam Date |
RBI Grade B Online Application form |
September |
Online Payment of Application Fees |
October |
Date of Phase-I exam |
November |
Date of Phase-II exam (General) |
December |
Date of Phase-II exam (DEPR / DSIM) |
December |
Interview Process |
To be notified later |
Declaration of final result |
To be notified later |
Candidate appearing for the RBI Grade B examination must be a graduate from a recognized university or institute. She/he must have attained 60% marks in the graduation while the same percentage is reduced to 50% for the candidates belonging to the reserved category. Lets discuss detailed RBI Group B qualification criteria below.
Note –
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.
Candidates, who belong to the reserved category, will be provided relaxation in their upper age as per the rules decided by the Board.
Category |
RBI Grade B Age Relaxation |
SC/ST |
5 years |
OBC |
3 years |
Physically Handicapped |
10 years |
PH + OBC |
13 years |
PH + SC/ST |
15 years |
RBI Grade B preparation is incomplete without the knowledge of RBI Grade B Exam Pattern. Hence, you needs to know all the aspects under the exam, one of which is exam pattern. RBI Grade B selection Process of the exam is conducted in three different steps:
Phases |
Marks |
Duration |
Phase I (Prelims) |
200 |
2 hours |
Phase II (Mains) |
300 |
90 minutes for |
Interview |
50 |
No time limit |
Subject |
No. Of Questions |
Marks |
General Awareness |
80 |
80 |
Quantitative Aptitude |
30 |
30 |
English Language |
30 |
30 |
Reasoning |
60 |
60 |
Total |
200 |
200 |
Name of the Paper |
Type of the Paper |
Time (Mins) |
Marks |
Paper I Economic & Social Issues |
Objective Type |
90 |
100 |
Paper II English (Writing Skills) |
Descriptive (to be typed with the help of keyboard) |
90 |
100 |
Paper III Finance & Management |
Objective Type |
90 |
100 |
Interview Process is the final stage of RBI Grade B selection Process. If you successfully clear the Mains Round, then you are called for the Interview Process. Interview round has 50 marks. Final merit list is formulated after the conclusion of the RBI interview round.
You can choose either Hindi or English language for the interview round. If you are selected, then your roll number will be uploaded on the official website. Invitation Letter will be sent on the email ID of the selected candidates.
The Board considers the following factors to prepare the final merit list:
Candidates are required to keep visiting this website to know the change in exam pattern, if any. Candidates are requested to check RBI Grade B Syllabus also.
The major sections from which the questions are asked are Reasoning, Quantitative Aptitude, General Awareness and English Language. As RBI Grade B exam has both Phase-I exam as well as Phase-II exam, the syllabus of both the levels are entirely different from each other.
Reasoning |
Quantitative Aptitude |
English Language |
General Awareness |
Inequality |
Ratio and Proportion |
Grammar |
Current Affairs |
The RBI Grade B Syllabus for Phase I of three sections is given in the table below. The three sections are:
Economic and Social Issues |
Finance |
Management |
Growth and Development Economic Reforms in India |
Financial System |
Role of Manager |
Besides 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 for his/her writing skills.
Follow the given steps for RBI Grade B Online Application form:
RBI Grade B Online Application Fee for all category candidates is tabulated below:
S. No. |
Category |
Charges |
Fee Amount |
1. |
SC/ST/PwBD |
Intimation Charges only |
₹ 100/- |
2. |
GEN/OBC/EWSs |
Application fee including intimation charges |
₹ 850/- |
3. |
STAFF@ |
Nil |
Nil |
You are required to download RBI Grade B Admit Card from the official website of Reserve Bank of India as the hard copy of the admit card won’t be sent to the applicants via post. You must login to their account and download the admit card from the official website of RBI.
The starting salary of RBI Grade B Salary in hand will be around Rs 35,150/-.
The RBI Grade B Salary is tabulated below:
RBI Grade B Basic Pay |
Rs 35,150/- |
RBI Grade B Pay Scale |
35150 – 1750(9)– 50900-EB-1750(2)-54400-2000(4)-624000 |
RBI Grade B Grade Pay |
Not applicable |
RBI Grade B Salary :NET Salary Including All Allowances |
Rs 67,933/- |
All the Officers selected through RBI Grade B 2019 Exam receives an annual salary range of 12-14 Lac. Along with the CTC, various emoluments & allowances are given. The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400.
This can further explained as follows:
Thus, the RBI Grade B Salary is Rs. 62,400/- (Maximum) and this is when an employee does not take any promotion.
With a constant increase in the salary of RBI Grade B Officers, the promotion designations also attract the candidates. The candidates employed as RBI Grade B Officers get promoted in the following series: