Every year, the Reserve Bank of India (RBI) organizes the RBI Grade B officer exam to pick the most suitable candidates for the Grade B Officer role in its branches nationwide. The attractive salary and esteemed job profile of the Reserve Bank of India draw in thousands of applicants for this exam annually. Adequate preparation is essential with limited RBI Grade B Exam positions. The selection process for RBI Grade B notification includes a countrywide competitive examination with three stages: Preliminary, Main examination, and Interview.
RBI Grade B Recruitment 2024
The RBI Grade B exam is a countrywide government test conducted by the Reserve Bank of India (RBI) for individuals aspiring to join the banking sector. The Grade B Officer roles at RBI offer an appealing salary and a prestigious job, contributing to the exam’s intense competition. The RBI Grade B notification 2024 will unveil openings for various positions, including:
- Officers in Grade ‘B’ (DR) – (General)
- Officers in Grade ‘B’ (DR) – DEPR
- Officers in Grade ‘B’ (DR) – DSIM
RBI Grade B Notification 2024
The Reserve Bank of India (RBI) is expected to unveil the detailed RBI Grade B 2024 notification PDF, signaling the initiation of the recruitment process for the Grade B Officer Exam. The official notification will be accessible on https://www.rbi.org.in around March 2024. This announcement presents a valuable opportunity for graduates aspiring to join the Reserve Bank of India. The RBI Grade B RBI Grade B notification of exam follows a three-phase selection process. Successful Phase I & II candidates will proceed to the final interview stage.
| RBI Grade B 2024- Important Details | |
| Organisation | Reserve Bank of India (RBI) |
| Exam Name | RBI Grade B 2024 |
| Posts | Grade B Officers |
| Vacancies | To be released |
| Category | Govt Jobs |
| Recruitment Basis | Direct Recruitment |
| Selection Process | Phase I, Phase II & Interview |
| RBI Grade B Salary | Rs. 55,200/- Basic Pay [Revised] |
| Job Location | Across India |
| Official website | https://www.rbi.org.in/ |
Eligibility Criteria for RBI Grade B Exam
To qualify for the exam, candidates need to meet the following requirements:
- They must be Indian citizens.
- A minimum of 60% marks in graduation from a recognized university is required.
- The applicant should be between 21 and 30 years old, with relaxation granted for candidates belonging to reserved categories.
Exam Pattern for RBI Grade B Exam
The RBI Grade B notification exam employs a comprehensive three-phase selection process to evaluate candidates’ knowledge and competencies across diverse domains. In the initial phase, an online examination features 200 objective-type questions, spanning General Awareness, English Language, Quantitative Aptitude, and Reasoning Ability, with 200 marks.
The second phase constitutes an online examination comprising three papers. The first paper scrutinizes candidates’ understanding of Economics and Social Issues, the second evaluates their English Writing Skills, and the third concentrates on Finance and Management, each weighing 100 marks.
Successful candidates from Phase II progress to the Interview, the conclusive phase of the selection journey. The Interview, assessed for 50 marks, delves into candidates’ communication skills, personality attributes, and overall knowledge.
It is crucial to note that the final selection for the RBI Grade B position is determined by amalgamating the marks achieved in Phase II and III. Excelling in both phases is imperative to enhance the likelihood of being selected.
Exam Syllabus for RBI Grade B Exam
| RBI Grade B 2024 Exam Syllabus | |||
| English | Quantitative Aptitude | Reasoning | General Awareness |
| 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 | Current Affairs |
| 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 Salary 2024
The Pay Scale for RBI Grade B Officers is structured as Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). Your basic pay starts at Rs. 55,200, with an annual increment of Rs. 2850 for the initial nine years of service. After nine years, you move into the executive band, where the basic pay becomes Rs. 80850.
For the next two years, you receive an increment of Rs. 2850, followed by an additional increment of Rs. 3300 for the subsequent four years, reaching a basic pay of Rs. 99,750. This progression assumes no promotions during this period. In addition to the Basic Pay, various allowances like Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, and Conveyance Allowance are also provided.
Exam Centers
| RBI Grade B Exam Centers | |
| States /UTs | RBI Grade B Exam Centers for Prelims |
| Andaman & Nicobar | Port Blair |
| Andhra Pradesh & Telangana | Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram |
| Arunachal Pradesh | Itanagar, Naharlagun city |
| Assam | Dibrugarh, Guwahati, Jorhat, Silchar |
| Bihar | Bhagalpur, Muzaffarpur, Patna |
| Chandigarh | Chandigarh |
| Chattisgarh | Raipur, Bhilai |
| Daman & Diu | Jamnagar |
| Goa | Varna |
| Gujarat | Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara |
| Haryana | Hissar, Karnal, Rohtak |
| Himachal Pradesh | Dharamsala, Shimla |
| Jammu & Kashmir | Jammu |
| Jharkhand | Bokaro, Dhanbad, Jamshedpur, Ranchi |
| Karnataka | Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi |
| Kerala | Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil |
| Lakshadweep | Kavaratti |
| Madhya Pradesh | Bhopal, Gwalior, Indore, Jabalpur |
| Maharashtra | Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur |
| Manipur | Imphal |
| Meghalaya | Shillong |
| Mizoram | Aizawl |
| Nagaland | Kohima |
| New Delhi | Delhi –NCR |
| Orissa | Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur |
| Puducherry | Cuddalore, Villupuram |
| Punjab | Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala |
| Rajasthan | Ajmer, Jaipur, Jodhpur, Kota, Udaipur |
| Sikkim | Gangtok, Bardang City |
| Tamil Nadu | Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Tiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelveli, Kanyakumari, Tuticorin |
| Tripura | Agartala |
| Uttar Pradesh | Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi |
| Uttarakhand | Dehradun, Haldwani, Nainital, Roorkee City |
| West Bengal | Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri |
RBI Grade B 2024 Result
Once each part of the RBI Grade B 2024 Exam is done, they will let you know how you did. To move on to the interview, you must do well in Phase-I and Phase-II exams. They make a list based on your marks after the interview, and that decides if you get picked.
RBI Grade B 2024 Cut Off
After each part of the test is finished, they will tell you the cut-off marks for the RBI Grade B 2024 Exam. First, they’ll share the cut-off for Phase I and then for Phase II. You can check these cut-off marks to see how well you did compared to what RBI expected. For an idea, look at the cut-off marks from last year’s RBI Grade B Exam.
| RBI Grade-B Cut-Off 2023 for Phase-I Exam | ||||||
| Section | Category | |||||
| General/UR | EWS | OBC | SC | ST | PwBD (OH/HI/VH/MD) | |
| General Awareness | 12.00 | 12.00 | 8.00 | 6.25 | 6.25 | 6.25 |
| Reasoning | 9.00 | 9.00 | 6.00 | 4.75 | 4.75 | 4.75 |
| English Language | 4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| Quantitative Aptitude | 4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| Total Score Aggregate | 54.25 | 54.25 | 54.25 | 52.75 | 44.75 | 40.25 |
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FAQs
When will the RBI Grade B 2024 Exam Date be announced?
The officials will disclose the exam date for RBI Grade B 2024 after releasing the RBI Grade B Notification 2024.
How much is the Application Fee for the RBI Grade B 2024 Exam?
The application fee for General and OBC categories is Rs. 850/-. For candidates belonging to the SC/ST/PWD category, the cost is Rs. 100/-.
Does the RBI Grade B exam have negative markings?
Yes, there is a negative marking in the RBI Grade B Preliminary and Main examinations. Approximately 0.25 marks will be deducted for each incorrect answer.
What is the salary of an RBI Grade B officer?
An RBI Grade B Officer receives a monthly salary of Rs. 35,600/-. This is within the scale of Rs. 35,150-1,750(9)-50,900-EB-1,750(2)-54,400-2,000(4)-62,400 (16 years), applicable to Officers in Grade B.
