RBI Grade B Notification 2023 PDF Download: Recruitment Process

RBI Officer Grade B Recruitment 2023 - Exam Events

Important Dates

RBI Grade B Notification 2023 Short Notice

26th April 2023

Official RBI Grade B Notification 2023

9th May 2023

 Apply Online Start Date

9th May 2023

 Apply Online Last date

16th June 2023 (till 6 pm)

Phase 1 Online Exam Call Letter for Officers in Grade B (DR) - General posts

29th June 2023

Phase 1 Online Exam for Officers in Grade B (DR) - General posts

9th July 2023

Phase 2 (Paper 1, 2, 3) Online Exam for Officers in Grade B (DR) - General posts

30th July 2023

Phase 1 (Paper 1 & 2) Online Exam for Officers in Grade B (DR) - DEPR 

16th July 2023

Phase 2 (Paper 1 & 2) Written Exam for Officers in Grade B (DR) - DEPR 

2nd September 2023

Phase 1 (Paper 1) Online Exam for Officers in Grade B (DR) - DSIM 

16th July 2023

Phase 2 (Paper 2 & 3) Online / Written Exam for Officers in Grade B (DR) - DSIM 

19th August 2023

Post

RBI Grade B Notification 2023 Vacancy

Officers in Grade ‘B’ (DR) - General

222

Officers in Grade ‘B’ (DR) - DEPR

38

Officers in Grade ‘B’ (DR) - DSIM

31

Total

291

Category

Application Fee

General/OBC/EWS

Rs. 850 + 18% GST

SC/ST/PWD

Rs. 100 + 18% GST

Staff@

NIL

Reasoning Free Study Materials PDF

Syllogism

Blood Relation

Coding Decoding

Inequality

Seating Arrangement

Alphanumeric Series

Number Sequence

Parallel Seating Arrangement

Puzzle

Direction Sense

Floor Based Puzzle

Linear Seating Arrangement

Box Based Puzzle

Floor and Flat Based Puzzle

Year Based Puzzle

Day based puzzle

Age Based Puzzle

Box with Stack Puzzle

Category

RBI Grade B Notification 2023 Age Relaxation

SC/ST

5 Years

OBC

3 Years

ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange

5 Years

PwBD (General / EWS)

10 Years

PwBD (OBC)

13 years

PwBD (SC/ ST)

15 years

ex-servicemen including Commissioned Officers and Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least five years Military Service as on May 01, 2023 and have been released;

a. on completion of assignment (including those whose assignment is due to be completed within one year from May 01, 2023) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or

b. on account of physical disability attributable to Military Service; or

c. on invalidment

5 years

ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on May 01, 2023 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months' notice on selection from the date of receipt of offer of appointment

5 years

For candidates possessing M.Phil. and Ph.D. qualification

 upper age limit will be 32 and 34 years respectively

For candidates having experience as an officer in Scheduled Commercial Banks, Public Sector Insurance Companies and All India Financial Institutions (AIFI) viz., Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), Small Industries Development Bank of India (SIDBI) and National Bank for Financing Infrastructure and Development (NaBFID), as also prior experience in Reserve Bank of India

upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned

For eligible staff candidates, as per RBI circular CO.HRMD.No. G132 / 17000 /05.01.01 /2013-14 dated June 9, 2014,

relaxation in age limit is according to RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013

For recruitment to the post of Gr. B (DR)-DEPR/DSIM candidates having Master's Degree with Research/Teaching experience at a recognised Indian/Foreign University/Institute

will be eligible for relaxation in upper age to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or PostGraduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.

Note:

Graduation Level:

Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

Post-Graduation Level:

Any such course from a recognised University / Institute that is taken after Graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.

Essential:

a. A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR

b. A Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, AgrimBusiness Finance)

For a) and b) above, minimum 55 per cent marks or an equivalent grade is required in aggregate of all semesters / years from a recognized Indian or foreign University / Institute.

"Principal constituent" with respect to syllabus / curriculum means half or more of the total courses / electives / credits must be in Economics or Finance.

Note I: For SC, ST and PwBD candidates, the minimum marks required in Master's Degree as in items (a) and (b) above is 50% marks or an equivalent grade in aggregate of all semesters / years.

Desirable: A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals.

Note II: (i) Candidates having M.PhiI Degree and Doctorate Degree from a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

(ii) Candidates having Master's Degree with research / teaching experience at a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories

Essential:

a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR

b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR

c. Master’s degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR

d. Four-year Bachelor’s degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR

e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.

Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c), (d) and (e) above is 50% or an equivalent grade in aggregate of all semesters/ years.

Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.

Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

(ii) Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned above.

Quantitative Aptitude Free Study Materials PDF

Quadratic Equation

Simplification

Data Interpretation

Time and Work

Number Series

Time Distance Speed

Mixture and Allegations

Pipes and Cisterns

Average

Simple and Compound Interest

Boats and Streams 

Problems On Trains

Ages

Partnership

Profit Loss Discount

Percentage

Bar Graph DI

Pie Chart DI

Ratio and Proportion

Radar Graph DI

RBI Grade B number of attempts for General / EWS

Candidates belonging to General Category/EWSs, who have already appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply.

RBI Grade B number of attempts for SC / ST / OBC / PwBD

No such restriction

RBI Grade B Notification 2023 PDF - Phase 1 Pattern for Officer (DR) - General

Section

No. of Questions

Marks

Time

Reasoning

200

200

120 minutes

(However, separate time will be allotted for each test)

Quantitative Aptitude

English Language

General Awareness

RBI Grade B Notification 2023 PDF - Phase 2 Pattern for Officer (DR) - General

Name of Paper

Type of Paper

Time

No. of questions

Marks 

Paper-I: Economic and Social Issues

50% Objective Type, 50% Descriptive, answers to be typed with the help of the keyboard

(30 +  90) Total -120 minutes

@

(50 + 50)

Total - 100

Paper-II: English (Writing Skills)

Descriptive, answers to be typed with the help of the keyboard

90 minutes

3

100

Paper-III: General Finance and Management

50% Objective Type and 50% Descriptive, answers to be typed with the help of the keyboard 

120 minutes

@

(50 + 50)

Total - 100

RBI Grade B Notification 2023 PDF - DEPR Exam Pattern

Phase

Name of Paper

Time

Marks

Phase 1

Paper-I Objective Type (on Economics) 

120 minutes

100

Paper-II English – Descriptive (To be typed with help of keyboard)

120 minutes

100

Paper-I Descriptive Type (on Economics) (Question paper displayed on the computer, answers to be written on paper)

120 minutes

100

Paper-II Descriptive Type (on Economics) (Question paper displayed on the computer, answers to be written on paper)

120 minutes

100

Total

400

RBI Grade B Notification 2023 PDF - (DR) DSIM Exam Pattern

Name of Paper

Time

Marks

Paper-I Objective Type (on Statistics) 

120 minutes

100

Paper-II Descriptive Type (on Statistics) (Question paper displayed on the computer, answers to be written on paper)

180 minutes

100

Paper-III English – Descriptive (To be typed with help of keyboard)

90 minutes

100

Total

300

English Free Study Materials PDF

Reading Comprehension

Word Rearrangement

Cloze Test

Word Swap

Sentence Rearrangement

Match the column

Word Usage

Error Spotting

Starters

Sentence Improvement

Misspelt

Jumbled Sentence

Pairs of Words

Single Fillers

Double Fillers