RBI Grade B 2024 Exam – Notification
The results for RBI Grade B 2024 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify for both Phase-I and Phase-II exams to get a chance to sit for the interview process. The merit list is prepared in 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 Results will be released on July 2024.
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 |
| Exam Level | National |
| Exam Mode | Online |
| Vacancies for Generalist Post | 150 – 200 (Expected) |
| Language of Exam | English and Hindi |
| Periodicity | Once a Year |
| Selection Process | Prelims, Mains & Interview |
| Official Website | RBI |
| 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)
| Posts | UR | SC | ST | OBC | EWS | Vacancies |
| 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 |
| Total | 199 | |||||
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 |
| 2. | Quantitative Aptitude | |||
| 3. | English Language | |||
| 4. | Reasoning |
Note:
- 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 50Total-100 | 30 90120 minutes |
| 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 50Total-100 | 120 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 the Phase II exam. The interview process will carry 50 marks.
RBI Grade B Syllabus
| English Syllabus | Quantitative Aptitude Syllabus | Reasoning Syllabus | General Awareness Syllabus |
|---|---|---|---|
| Grammar | Mensuration | Puzzles | Banking & Financial Awareness |
| Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
| Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
| Comprehension | Speed, Distance and Time | Data Sufficiency | Government Schemes, Agreements & Deals |
| Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
| Jumble Words | Permutation and Combination | Syllogism | Static GK |
| Fill in the Blanks | Data Interpretation | Coding Decoding | Government Schemes, Agreement & Deals |
| Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
RBI Grade B Phase 2 Syllabus
Paper-I: Economic and Social Issues (ESI) Syllabus
- Growth and Development, Measurement of growth: National Income and per capita income
- Poverty Alleviation and Employment Generation in India
- Sustainable Development and Environmental issues
- Economic Reforms in India, Industrial and Labour Policy, Monetary and Fiscal Policy, Privatization, Role of Economic Planning
- Globalization, Opening up of the Indian Economy, Balance of Payments, Export-Import Policy
- International Economic Institutions, IMF and World Bank, WTO, Regional Economic Co-operation
- Social Structure in India, Multiculturalism, Demographic Trends, Urbanization and Migration, Gender Issues
- Social Justice: Positive Discrimination in favor of the underprivileged, Social Movements
Paper-II: English Descriptive (Writing Skills) Syllabus
The English Descriptive paper will be designed to test the writing skills of candidates including expression and understanding of the topic.
You are asked to write an Essay and Precis in this paper and also solve a few questions based on a given comprehension.
To quote some examples of the kind of essays that are asked in the English paper, here are some of the topics that were asked in the 2022 RBI Grade B phase 2 English paper:
- Future of BPO industries in India
- Importance of Creative thinking in business.
- An ounce of prevention is a pound worth of cure.
- Pros & Cons of teaching Computer Language/Coding to school Students.
Paper-III: Finance Syllabus
RBI Grade B Phase 2 Paper 3 is the Finance & Management (FM) paper. For the purpose of simplicity, we have provided the Finance and Management Details separately. The key topics from the Finance syllabus are listed below:
(a) Financial System
- Structure and Functions of Financial Institutions
- Functions of Reserve Bank of India
- Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NaBFID etc.
- Recent Developments in Global Financial System and its impact on Indian Financial System
- Role of Information Technology in Banking and Finance
- Non-Banking System
- Developments in Digital Payment
(b) Financial Markets
Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.)- functions, instruments, recent developments.
(c) General Topics Syllabus
- Risk Management in Banking Sector
- Basics of Derivatives
- Global financial markets and International Banking – broad trends and latest developments.
- Financial Inclusion
- Alternate source of finance, private and social cost-benefit, Public-Private Partnership
- Corporate Governance in Banking Sector, the role of e-governance in addressing issues of corruption and inefficiency in the government sector.
- The Union Budget – Concepts, approach, and broad trends
- Basics of Accounting and Financial Statements – Balance Sheet, Profit and Loss, Cash Flow Statements, Ratio Analysis (such as Debt to Equity, Debtor Days, Creditor Days, Inventory Turnover, Return on Assets, Return on Equity, etc.)
- Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends; striking a balance between inflation and growth through monetary and fiscal policies.
- FinTech
Paper-III: Management Syllabus
(a) Fundamentals of Management & Organizational Behaviour
- Introduction to management: Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory
- Meaning & concept of organizational behaviour: Personality: meaning, factors affecting personality, Big five model of personality; concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) & Process theories (Adams equity theory, Vrooms expectancy theory).
- Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources,Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).
(b) Ethics at the Workplace & Corporate Governance
- Ethics: Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.
- Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance
- Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.
RBI Grade B Result
Reserve Bank of India (RBI) released RBI Grade B Phase 1 Result 2024 for DR-DEPR & DSIM posts on 01st August 2024. RBI Grade B Result 2024 has been released in pdf format along with the roll numbers of the qualified candidates who are now eligible to appear for the Mains Exam. All the aspirants who appeared in the RBI Grade B 2024 Prelims exam for the posts of DEPR and DSIM Officers can check their RBI Grade B Result 2024 which has been released at the official website https://www.rbi.org.in/. The direct link for RBI Grade B Phase 1 Result PDF has been shared in the article too.
RBI Grade-B Cut-Off 2024 for Phase-I Exam
| Section | Category | |||||
| GENERAL/UR | EWS | OBC | SC | ST | PwBD (OH/HI/VH/MD) | |
| GENERAL AWARENESS (Maximum Marks = 80) | 12.00 | 12.00 | 8.00 | 6.25 | 6.25 | 6.25 |
| REASONING (Maximum Marks = 60) | 9.00 | 9.00 | 6.00 | 4.75 | 4.75 | 4.75 |
| ENGLISH LANGUAGE (Maximum Marks = 30) | 4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| QUANTITATIVE APTITUDE (Maximum Marks = 30) | 4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| TOTAL SCORE/ Aggregate (Maximum Marks = 200) | 63.75 | 63.75 | 60.25 | 55.25 | 50.75 | 49.75 |
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