RBI Grade B Notification 2024 PDF Out: Recruitment Process, Apply Online Details

RBI Officer Grade B Recruitment 2024 - Exam Events

Important Dates

RBI Grade B Notification 2024 newspaper short notice pdf

19th July 2024

Official RBI Grade B Notification 2024 pdf release date

25th July 2024

RBI Grade B Apply Online 2024 Start Date

25th July 2024

RBI Grade B Apply Online 2024 Last date

16th August 2024 (till 6 PM)

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

Update Soon

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

September 08, 2024

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

October 19, 2024

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

September 14, 2024

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

October 26, 2024

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

September 14, 2024

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

October 26, 2024

Post

RBI Grade B Notification 2024 Vacancy

Officers in Grade ‘B’ (DR) - General

66

Officers in Grade ‘B’ (DR) - DEPR

21

Officers in Grade ‘B’ (DR) - DSIM

7

Total

94

Category

Application Fee

General/OBC/EWS

Rs. 850 + 18% GST

SC/ST/PWBD

Rs. 100 + 18% GST

Staff@

NIL

Category

RBI Grade B Notification 2024 PDF - 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 July 01, 2024 and have been released;

a. on completion of assignment (including those whose assignment is due to be completed within one year from July 01, 2024) 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 July 01, 2024 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 such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be
reckoned.

For eligible Staff Candidates, as per para 5.16 of RBI Master Circular on Recruitment dated April 01, 2024 and RBI circular CO.HRMD.No. G132 / 17000 /05.01.01 /2013-14 dated June
09, 2014,

the 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, Agri Business Finance)

c. 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 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 1: 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 2: 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.

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 2024 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 2024 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

30 minutes

@

50

50% Descriptive, answers to be typed with the help of the keyboard Candidates opting to type the answers in Hindi, may type with the help of either: (i) Inscript or (ii) Remington (GAIL) keyboards layout.

TOTAL

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

30 minutes

@

50

50% Descriptive, answers to be typed with the help of the keyboard Candidates opting to type the answers in Hindi, may type with the help of either: (i) Inscript or (ii) Remington (GAIL) keyboards layout.

90 minutes

50

TOTAL

120 minutes

100

RBI Grade B Notification 2024 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 2024 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