RBI Grade B 2024 Exam – Notification
RBI Grade B Exam is one of the prestigious exams in India as the aspirants will be joining the apex bank which regulates all other banks of India. If you are reading this, then clearing this exam is definitely on your bucket list. Well, we are here to tick one item from your bucket list which is clearing this exam. Go through the complete blog to know the exam pattern, selection process, exam date, and many more things about the RBI Grade B 2024 exam.
The last date to apply online on April 2024. (Tentative)
RBI Grade B is a national-level government exam which is conducted by the Reserve Bank of India (RBI) for aspirants who have been looking forward to being a part of the Banking sector. RBI offers a lucrative salary and a respectful job profile to the Grade B Officer posts is one of the main reasons for the increasing competition. RBI Grade B Notification 2024 has been released for various posts including-
- Officers in Grade ‘B’ (DR) – (General)
- Officers in Grade ‘B’ (DR) – DEPR
- Officers in Grade ‘B’ (DR) – DSIM
Candidates are requested to use the RBI Grade B Recruitment 2024 regarding the examination process, educational qualification, age limit, examination process, how to apply for important dates, and application form.
|Exam Name||RBI Grade B Exam 2024|
|Exam Conducting Body||Reserve Bank of India|
|Exam Category||Regulatory Body Exam|
|Vacancies for Generalist Post||150 – 200 (Expected)|
|Language of Exam||English and Hindi|
|Periodicity||Once a Year|
|Selection Process||Prelims, Mains & Interview|
|Maximum Number of Attempts||6 for a General Category Candidate|
Note: If you have already attempted the Phase 1 exam 6 times, then you are not eligible.
|Online Registration Start Date||March/April 2024|
|Last Date to Apply||April/May 2024|
|RBI Grade B Exam Date 2024 for Phase 1||June/July 2024|
|RBI Grade B Exam Date 2024 for Phase 2||July 2024|
|Eligibility – Age Limit||21 to 30 Years|
|Eligibility – Education||Graduation in any discipline with a minimum of 60% marks for General candidates or Post Graduation in any discipline with a minimum of 55% marks.|
|Application Fee||Rs 850 for General Category Candidate|
Vacancy Details( Tentative)
|Officers in Grade ‘B’ (DR)–(General)||79||15||07||29||12||142|
|Officers in Grade ‘B’ (DR)–DEPR||10||04||06 (04)||05||03||28|
|Officers in Grade ‘B’ (DR)–DSIM||09||08 (05)||05 (05)||04||03||29|
RBI Grade B 2024 Eligibility Criteria
Candidates are required to follow the given criteria (as per the previous year RBI Grade B Notification) to be eligible for RBI Grade B 2024 Exam:
RBI Grade B Citizenship & Nationality
• 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 and has the intention of settling permanently in India.
• A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, the 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.
RBI Grade B Age Limit (as of 01/05/2024)
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 ages included) to apply for the RBI Grade B exam 2024. For candidates possessing M.Phil. and Ph.D. qualifications, the upper age limit will be 32 and 34 years respectively.
RBI Grade B 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.
|Physically Handicapped||10 years|
|PH + OBC||13 years|
|PH + SC/ST||15 years|
RBI Grade-B Educational Qualification (as on 01/05/2024)
|Posts||Minimum Educational Qualifications|
|Officers in Grade ‘B’ (DR) – (General)||• Graduation in any discipline /Equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.|
• Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least 3 years duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.
• Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.
• Any such full-time course from a recognised University / Institute that is taken after graduation and is at least 2 years’ duration / recognised by the Government as equivalent to post-graduation will be eligible for admission to the examination.
|Officers in Grade ‘B’ (DR) – DEPR||• Essential: a. A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.ORb. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.ORc. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. |
(i) Candidates having a Master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in the upper age limit to the extent of a number of years of such experience subject to a maximum of three years. For experience, a probationary period will not be reckoned.
|Officers in Grade ‘B’ (DR) – DSIM||Essential:|
a. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.
b. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year post-graduate diploma in Statistics or related subjects from an Institute of repute.
c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years.
d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.
RBI Grade B 2024 Selection Process
RBI Grade B 2024 Exam is conducted in three phases, while the Prelims examination is Objective in nature while the Mains examination would comprise the objective as well as descriptive test
- Phase-I exam
- Phase-II exam and
- Interview process
RBI Grade B 2024 Exam Pattern
Candidates are required to clear all three phases in order to get a confirmed post as a Grade B Officer in the Reserve Bank of India.
RBI Grade B Prelims Exam Pattern
The prelims exam of RBI Grade-B Officer 2024 comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.
|SNo||Section Asked||No. of Questions||Maximum Marks||Duration|
|1.||General Awareness||200||200||Composite time of 2 hours|
- A total time of 120 minutes will be given for the prelim exam. However, separate time will be allotted for each test. O detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letter for RBI Grade B 2024 prelims exam.
- Candidates have to secure minimum marks separately for each test as well as in aggregate.
RBI Grade B Mains Exam Pattern
|S No||Sections / Subjects||Paper Type||Maximum 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|
|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|
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 the Phase II exam. The interview process will carry 50 marks.
RBI Grade B 2024 Application Fees
A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC Categories for RBI Grade B 2024 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD Category.
|General/OBC||Rs. 850/- + 18% GST|
|SC/ST/PWD||Rs. 100/- + 18% GST|