RBI Grade B 2024 notification will be released on May 2024 on the official website. The RBI grade B exam 2024 is conducted in three phases: Prelims, Mains and interview. Candidates can look for the complete details of RBI grade B notification 2024 in this article.
RBI Grade B Notification 2024
Reserve Bank of India will soon announce RBI Grade B Notification 2024 and the official website. It is accepted that RBI will release the RBI grade B 2024 notification in the first week of May 2024. The RBI grade B exam will be conducted to recruit candidate for the post of Officer grade B (DR) – General, DPER and DSIM. Along with the RBI grade B notification the RBI grade B application form 2024 will also be released. The apply online link for RBI grade B 2024 will be activated on www.rbi.org.in.
The selected candidate in RBI grade B will receive a salary of Rs. 55,200/-per month. Those candidates whose dream job is Banking and Finance must apply online for RBI grade B this is a wonderful opportunity to Grab a government job with handsome salary. The candidate having age limit of 21 to 30 years and have a bachelor’s Degree can apply for RBI grade B exam 2024. The application fee for the general category is Rs. 850 while for the reserve category, the application fee is Rs. 100. For further more details such as RBI grade B eligibility, syllabus, and exam pattern check out the complete article.
What is RBI Grade B Exam
The RBI grade B exam is one of the most prestigious and competitive examinations in India. Reserve Bank of India conducts the RBI grade B exam every year. The aim is to recruit officers in various departments of the bank. The exam is highly competitive and is Sought after due to Extreme career prospects. The selection process of RBI is based on three phases: preliminary exam, main exam, and interview.
RBI Grade B Exam 2024: Overview
The RBI grade B 2024 exam demands a high level of preparation. The candidate who is preparing for RBI grade B 2024 must check out the overview given below.
| Exam Features | Exam Particulars |
|---|---|
| Exam Name | RBI Grade B |
| Conducting Body | Reserve Bank of India (RBI) |
| Exam Level | National |
| Exam Frequency | Annually |
| Mode of Exam | Online |
| Post | Grade B |
| Vacancy | To be released |
| Category | Sarkari job |
| Selection process | Prelims Mains Interview |
| Salary | Rs. 55,200/- |
| Official Website | https://www.rbi.org.in |
RBI Grade B Notification PDF 2024
the Reserve Bank of India will reach the RBI grade B modification 2024 in May 2024 on the official website. The notification PDF contains all the important information about the RBI grade B 2024 exam such as important dates, eligibility, syllabus, exam pattern etc. To all candidates must go through the RBI grade B 2024 notification PDF to understand the examination.
Download RBI Grade B Notification 2024
RBI Grade B 2024: Important Dates
Candidate must look out the RBI grade B 2024 important dates. So that you can prepare well with the help of the important dates mentioned in the table below.
| Important Events | Dates (Expected) |
| Commencement of online registration of application | First week of May 2024 |
| Closure of registration of application | Last week of May 2024 |
| Closure for editing application details | June 2024 |
| Last date for printing your application | June 2024 |
| Online Fee Payment | – |
| RBI Grade B Exam Date 2024 for Phase 1 | June/July 2024 |
| RBI Grade B Exam Date 2024 for Phase 2 | July 2024 |
RBI Grade B Vacancy 2024
As per the previous the trend, it is expected that RBI will release approx 150 to 200 RBI grade B vacancies 2024. The Reserve Bank of India will release the vacancy for the post of (DR) general, DEPR, and DSIM. Candidates can check the previous year’s vacancy for RBI grade B.
| Post Name | Vacancies (2024) | Vacancies (2023) |
| RBI Gr. B Officer (DR) – General | TBU | 222 |
| RBI Gr. B Officer (DR) – DEPR | TBU | 38 |
| RBI Gr. B Officer (DR) – DSIM | TBU | 31 |
| Total | TBU | 291 |
RBI Grade B 2024 – Application Form
The RBI Grade B 2024 application form will be available in the month of May 2024. The official website to apply for RBI grade B 2024 is www.rbi.org.in. The RBI grade be application form 2024 will be available for 30 days after releasing. Candidates must keep the last date in mind and apply as soon as possible to avoid technical issues during last days. The direct link to apply online for RBI grade B 2024 exam is given below.
RBI Grade B 2024 Apply Online
RBI Grade B Application Fees 2024
all candidate needs to pay the RBI grade B application fees in order to apply online. As per the Reserve Bank of India the general category candidate needs to pay Rs. 850 + 18% GST. While SC/ST/ PWD candidate needs to pay Rs. 100 + 18% GST. This is to inform you that there is no application fee for RBI staff. Check the complete details of RBI grade B 2024 application fee below.
| Category | Application Fee (INR) |
|---|---|
| General/OBC | 850 + 18 per cent GST |
| SC/ST/PWD | 100 + 18 per cent GST |
| RBI staff | Nil |
How to Apply for RBI Grade B 2024
Interested Candidate can follow these steps to apply for RBI grade B 2024 exam online.
- Firstly visit the official website of RBI at https://www.rbi.org.in.
- Afterwards Register for the exam by entering the required details
- Now Upload the scanned documents
- Fill the detailed application form
- Preview the application form
- Pay the application fees
- Submit the application form
RBI Grade B Handwritten Declaration
Candidate required to upload RBI grade B handwritten declaration While filling the RBI Grade B application form 2024. All candidate needs to write the handwritten declaration in their handwriting that the details provided in the application form are correct and valid. Candidate can write the text for handwritten declaration is given below.
I, ………………(Name of the candidate), hereby declare that all the information provided by me in the application form is true, complete, and accurate to the best of my knowledge. I have read and understood the instructions and eligibility criteria for the RBI Grade B exam. In case any of the information provided by me is found to be false or incorrect, I shall be responsible for the consequences thereof.”
RBI Grade B Eligibility 2024
RBI grade B 2024 must meet the eligibility criteria. The RBI Grade B is a wonderful opportunity for graduate candidates to work in the Central Bank. Candidates can check out here the RBI grade B age limit, education qualification and Age relaxation.
RBI Grade B Age Limit
- Candidates who want to apply for RBI grade B must have the age at least 21 years.You should have completed 21 years of age as of the 1st of January 2024 ( Expected).
- As per RBI, The maximum age to apply for the RBI Grade B officer exam is 30 years of age.
RBI Grade B Age Relaxation
Candidate can look for the upper age limit extension for RBI Grade B exam aspirants is given below:
| Category | Relaxation |
| SC/ST | 5 years |
| OBC | 3 years |
| Ex-Servicemen | 5 years |
| ECOs/SSCOs | 5 years |
| PwD | 10 years (Gen/EWS) 13 years (OBC) 15 years (SC/STs) |
| Experienced Candidates – Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBI | The upper age limit should not exceed 33 years including experience |
| Ex-employees of banks going into termination and/or liquidation/ personnel retrenched from Govt Offices with at least 1 yr service | 5 years |
| Candidates with M.Phil | 2 years |
| Candidates with PhD | 4 years |
RBI Grade B Education Qualification
Officer in Grade “B” (DR)- General
- Graduation/ Post Graduation in any discipline /Equivalent technical or professional qualification.
- Graduation: Minimum 60% marks (50% for SC/ST/PwBD applicants)
- Post Graduation: Minimum 55% marks (pass marks for SC/ST/PwBD applicants)
Officer in Grade “B” (DR)- DEPR
- 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, and Industrial Economics) OR
- 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).
- A minimum of 55% marks or an equivalent grade is required in aggregate
Officer in Grade “B” (DR)- DSIM
- 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
- 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 postgraduate diploma in Statistics or related subjects from an Institute of repute; OR
- 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
- 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
- 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.
RBI Grade B 2024 Selection Process
The selection process of RBI grade B exam is include three stages: prelims, mains and interview. Candidate needs to qualify all the rounds to be selected for RBI grade B officer.
Stage I – Phase 1 (Prelims)
Stage II – Phase 2 (Mains)
Stage III – Phase 2 – Interview
RBI Grade B Phase 1 Exam Pattern 2024
The RBI Grade B Prelims exam pattern consist of four sections: Reasoning, General Awareness, Quantitative Aptitude and English Language. The exam is conducted for 200 marks. Candidate needs to complete the RBI grade B exam in 2 hours. Candidate can check the detailed exam pattern in tabular form. There is a negative marking of 1/4th for every wrong answer in RBI grade B Prelims exam.
| Sections | Total Questions | Marks | Duration |
| Reasoning | 60 | 60 | 45 minutes |
| General Awareness | 80 | 80 | 25 minutes |
| English Language | 30 | 30 | 25 minutes |
| Quantitative Aptitude | 30 | 30 | 25 minutes |
| Total | 200 | 200 | 2 hours |
RBI Grade B Phase 2 Exam Pattern
as per Reserve Bank of India the RBI grade B mains exam includes three papers: paper 1, Paper 2 and paper 3. The paper 1 and paper 3 having both objective and descriptive type questions, while paper 2 is completely descriptive in nature. The RBI grade B 2024 means exam is conducted for 300 marks.
| Papers | Type of test | Total Marks | Duration |
| Paper 1 – Economic and Social Issues | 50% Objective Test (30 objective questions) 50% Descriptive Test (6 descriptive questions out of which 4 need to be answered) | 50 marks 50 marks | 30 mins 90 mins |
| Paper 2 – English (Writing Skills) | Descriptive Test | 100 marks | 90 mins |
| Paper 3 – Finance and Management | 50% Objective Test (30 objective questions) 50% Descriptive Test (6 descriptive questions out of which 4 need to be answered) | 50 marks 50 marks | 120 minutes |
RBI Grade B Interview
Those candidates who clear RBI grade B 2024: Prelim + Main are only eligible for RBI grade B interview. The RBI grade B interview is the final stage of the selection process. The candidate will be shortlisted on the base of marks obtained in Phase 2 (Paper 1 + Paper 2 + paper 3). The interview is conducted for 75 marks. The interview can we conducted in either Hindi or EnglishThe qualified candidates will be undergo or psychometric test which is conducted by bank before appearing for interview. This is to inform you that no marks will be allotted for psychometric test and this will not part of final selection criteria.
RBI Grade B 2024 Syllabus
To help you we will provide here the detailed RBI grade B syllabus for both RBI grade B Phase 1 and RBI grade B Phase 2. The syllabus is provided here is from the previous year, we will update the change in syllabus after RBI grade B 2024 notification will release.
RBI Grade B Phase 1 Syllabus
The RBI grade B 2024 Phase 1 syllabus of 4 sections: Quantitative aptitude, Logical reasoning, English and General awareness. The details syllabus are mentioned below.
RBI Grade B Quantitative Aptitude Syllabus
- Data Interpretation, Quantity Based Questions (Q1, Q2, Q3 etc), Data Sufficiency, Simplification, Approximation, Quadratic Inequalities, Number Series (missing and wrong no. series)
- Important Arithmetic Topics: Partnership, Average, Ages, Profit & Loss, Time & Work, Speed-Time-Distance, Boat & Stream, Trains, Simple Interest and Compound Interest, Percentage, Ratio & Proportion.
RBI Grade B Reasoning Syllabus
- Alphanumeric Series, Order and Ranking, Direction Sense, Alphabet Test, Data Sufficiency, Inequalities, Seating Arrangement, Puzzle, Syllogism, Blood Relations, Input-Output, Coding-Decoding, and Logical Reasoning
RBI Grade B English Syllabus
- Cloze Test, Fillers, Spotting the Errors, Para Jumbles, New Pattern Questions, Idioms and Phrases, Word Rearrangement, Column Based Questions, Sentence Improvement, Paragraph Completion, Grammar, Reading Comprehension
RBI Grade B General Awareness Syllabus
- Current Affairs, Indian Financial System, Indian Banking System, Monetary Plans, National Institutions, Banking Terms, etc Specific Topics for Current AffairsAppointments/ Committees/ Constituencies, Sports, Awards/Film Festivals, Meetings/ Summits, Schemes/ Campaigns/ Portals, International News/ India’s initiative with other countries
- Miscellaneous – Ports/Industrial Parks, museums, Power plants, nuclear plants, any missile launch etc, Reports/Indices, Obituary, Banking Terminology, Headquarters of Banks, Economic and Financial news (like news related to Monetary Policy; Important Guidelines), Census Data, Socio-Economic Caste Census, Union Budget, Economic Survey
- Topics that are marked in bold are specific to Phase 1.
- General Awareness – Specific Topics for Static GK Biography/Autobiography, Abbreviations, Festivals, Stadiums, National Parks / Sanctuaries, Books, Sports, Places of Importance like World Heritage Sites/Lakes/Rivers/Mountains/Temples, Currency, Headquarters, Capitals, National and International Days/Themes, Dams, Miscellaneous, Airports
RBI Grade B Phase 2 Syllabus
Candidate can check the detail RBI grade B 2024 phase 2 syllabus.
RBI Grade B 2024: ESI Syllabus
- a) Growth and Development: Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues.
- b) Indian Economy: Economic History of India – Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991 – Priorities and recommendations of Economic Survey and Union Budget – Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and Reserve Bank in the development process – Public Finance – Political Economy – Industrial Developments in India- Indian Agriculture – Services sector in India.
- c) Globalization: Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Cooperation; International Economic Issues.
- d) Social Structure in India: Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice: Positive Discrimination in favour of the underprivileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.
RBI Grade B 2024: Descriptive English Syllabus
- The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic, Essay writing, Letter writing, Precis’ etc.
RBI Grade B 2024: Finance and Management Syllabus
- a) Financial System
- Regulators of Banks and Financial Institutions
- Reserve Bank of India- functions and conduct monetary policy
- Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector.
- Impact of the Global Financial Crisis of 2007-08 and the Indian response
- b) Financial Markets
- Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, and recent developments.
- c) General Topics
- 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 the 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
- 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
- d) Management
- 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; the 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, Vroom’s 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).
- Ethics at the Workplace and Corporate Governance: 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.
FAQ on RBI Grade B 2024
Who conduct RBI Grade B Exam?
The Reserve Bank of India conduct every year RBI grade B 2024.
Is RBI grade B exam is conducted every year?
Yes RBI grade B exam 2024 is conducted every year.
How many times candidate attempt RBI grade B 2024 exam?
As per the RBI General category candidate can attempt 6 times, where is there is no bar on a number of attempt for SC/ST/OBC/PWD candidates.
What is the negative marking in RBI grade B exam?
The negative marking in RBI grade B 2024 exam for Phase 1 is 0.25 marks for each wrong answer.
When did the RBI grade B 2024 notification release?
The RBI grade B 2013 will be released in the month of May 2024.