The Reserve Bank of India (RBI) conducts the RBI Grade B Officer Exam each year to select candidates for Grade B Officer positions across the country. This prestigious exam offers a great salary and job profile by attracting many banking aspirants. The RBI Grade B 2024 Phase 1 Exam will be held on 8th September 2024 for General posts and 14th September 2024 for DEPR & DSIM posts. This year, there are 94 vacancies. The selection process includes a Preliminary Exam, a Main Exam and an Interview. The notification for 2024 will cover positions in General, DEPR, and DSIM categories.

RBI Grade B 2024 Exam Date

The RBI Grade B 2024 Exam Date has also been announced along with the release of detailed notification. The Phase I Exam will be held on 8 and 14 September 2024, and the Phase II Exam on 19 and 26 October 2024. Phase II exams for various posts will happen on the same day but in different shifts. Candidates should check the notification PDF for specific exam details and stay informed during the recruitment process.

RBI Grade B 2024: Overview

The detailed notification of RBI Grade B 2024 provides important details like how candidates will be selected, the age limit and the educational qualifications needed. Candidates can apply online through the provided link on the website. Remember, applications are only accepted online. The brief highlight of RBI Grade B 2024 comprising the important points from the recruitment perspective has been discussed in the given table.

RBI Grade B 2024!!! Click Here For the Best Study Material

RBI Grade B 2024: Important Dates

RBI Grade B 2024 Notification

The Reserve Bank of India has posted the official advertisement PDF on the website for the Grade B Officer Exam, detailing vacancies for General, DERP, and DSIM departments, along with exam and registration dates. Candidates interested in the RBI Grade B 2024 exam should review all details before applying. The selection process includes Phase I, Phase II & Interview. The Notification PDF includes important information like exam patterns, syllabus, eligibility criteria and the application process. We have provided below the direct link to download the notification PDF.

RBI Grade B Notification 2024- Click Here to Download PDF

RBI Grade B 2024 Apply Online Link

The online application link for RBI Grade B 2024 is now available on the RBI official website. You can apply online till 16th August 2024. To start the process, go to www.rbi.org and register using a valid mobile number and email address. Once you register, RBI will send you a provisional registration number and password to your email and phone. Use these details to log in and complete your application.

Remember, your application will only be accepted after you pay the required fee, as mentioned in the Notification PDF. After you submit your application, make sure to print a copy for your records, as you might need it for future reference.

RBI Grade B Apply Online Form 2024: Link is Active

Steps to Apply for RBI Grade B 2024

Candidates interested in the RBI Grade B Notification can apply from the official website must stick to the steps discussed below in the given section.

Step 1: Visit the official website of the RBI, www.rbi.org.in.

Step 2: On the Homepage of the website, click on the “Current Vacancies”.

Step 3: Under the given section candidates will get the link for RBI Grade B 2024 Recruitment.

Step 4: Read the Notification PDF very carefully and after ensuring the eligibility criteria, click on “Apply Online”.

Step 5: At first, candidates will have to complete the registration process after which the Registration Number and Password will be generated and sent to the provided Email ID and Mobile number.

Step 6: Using the login credential, aspirants will have to log in and fill out the application form.

Step 7: Upload the scanned copies of documents in their proper size and format mentioned in the notification PDF.

Step 8: Pay the application fees and also download the payment slip for future reference.

Step 9: Before the final submission, review the details provided in the application form as there is no provision for further changes.

Step 10: Download the RBI Grade B Application Form 2024 and take a printout of it.

RBI Grade B 2024 Application Fees

The discussed application fee here is based on the previous notification of RBI Grade B. Aspirants belonging to the General or OBC Category will have to pay an amount of Rs. 850 +18% GST and candidates from ST/SC/PWD/EXS categories will be charged Rs. 100 +18% GST for the final submission of the application form.

RBI Grade B Vacancy 2024

The RBI Grade B Vacancy 2024 has been announced in the official notification, there are total 94 job openings, 66 for the General stream, 21 for the DEPR stream and 7 for the DSIM stream. These positions are available in both reserved and unreserved categories. For more information, check the official notification.

RBI Grade B 2024 Eligibility Criteria

The RBI Grade B Eligibility Criteria 2024 specifies requirements such as age limits, educational qualifications and nationality. According to the notification pdf, candidates must have at least a bachelor’s or master’s degree with a minimum of 60% marks in a relevant field. The age range for applicants is between 21 and 30 years. It’s important to have all necessary documents ready to prove eligibility, including proof of education, nationality and age, when applying for RBI Grade B positions.

RBI Grade B Number of Attempts

Candidates applying for RBI Grade B 2024 must meet certain eligibility criteria, including age (21-30 years) and holding a bachelor’s or master’s degree in a relevant field. The Reserve Bank of India has set limits on the number of times candidates can attempt the RBI Grade B exam. General category candidates can attempt the exam up to 6 times, as specified in the notification PDF. However, there is no attempt limit for candidates belonging to the SC/ST/PwD categories.

RBI Grade B 2024 Selection Process

If candidates plan to take the RBI Grade B 2024 exam, then they need to know the RBI Grade B Selection Process 2024. The exam has three stages: Phase 1, Phase 2 and an interview.

In Phase 1, the exam is online and has 200 multiple-choice questions on Quantitative Aptitude, English, General Awareness, and Reasoning. Aspirants have 120 minutes to answer the questions. Each correct answer gets 1 mark, but there is a 0.25 mark deduction for each wrong answer.

Phase 2 is also online and includes both multiple-choice and descriptive questions. It has three sections: English, Finance & Management, and Economic & Social Issues. Candidates have 90 minutes for the English section and 120 minutes each for Finance & Management and Economic & Social Issues. This phase is worth 300 marks.

The final stage is the interview, which is worth 75 marks. Knowing this process will help candidates prepare well. Focus on important topics for both Phase 1 and Phase 2, and practice answering questions to be ready for the exam.

RBI Grade B 2024 Syllabus

RBI Grade B 2024 Exam Pattern

The detailed RBI Grade B 2024 Exam Pattern is given below:

The exam has three stages – Phase I, Phase II, and Interview. The details of all three stages are mentioned below:

RBI Grade B Phase I

The RBI Grade B Phase I exam consists of 200 questions, each worth 1 mark, from four sections: English Language, General Awareness, Quantitative Aptitude, and Reasoning. The total marks for the exam are 200, and candidates have 120 minutes (2 hours) to complete it. There is a negative marking of 0.25 marks for each wrong answer.

RBI Grade B Phase II Exam Pattern

RBI Grade B Phase II Exam comprises objective as well as descriptive questions. In the case of descriptive, answers are to be typed with the help of the keyboard. Candidates can check the RBI Grade B Phase II exam pattern from the table provided below

RBI Grade B 2024 Salary

After passing all stages for RBI Grade B Officer, candidates start with a basic salary of ₹55,200. They also get various allowances like Special Allowance, Grade Allowance, Dearness Allowance, and House Rent Allowance (HRA). Without HRA, the monthly salary is about ₹1,22,717. The pay scale goes from ₹55,200 to ₹99,750 over 16 years. If the bank doesn’t provide housing, HRA of 15% of the basic salary is added. Candidates can check the RBI Grade B Salary in detail for a better understanding.

RBI Grade B 2024 Admit Card

RBI Grade B Preparation Strategy

To qualify for RBI Grade B, candidates need to be consistent and dedicated in their preparation. A lot of effort and hard work is required to qualify for the various stages of RBI Grade B 2024. Aspirants need to have a clear concept of each of the topics mentioned in the RBI Grade B Syllabus. RBI Grade B Exam Preparation is incomplete without ample practice as it helps them to analyze preparation level and one’s areas of strength and weaknesses. The best means to practice are previous year papers, quizzes, and mock tests.

• Create a well-planned study schedule that includes regular practice and revision.
• Take RBI Grade B Mock Tests to understand the exam pattern and manage time effectively.
• Solve Previous Year’s Papers to gauge question types and difficulty levels.
• Stay updated with current affairs, especially in economics and banking.
• Use standard textbooks and reliable study materials.
• Focus on understanding concepts rather than memorizing.
• Join study groups or forums for discussion.
• Manage time well, especially if balancing work and study.
• Stay motivated and consistent during the entire preparation phase.

RBI Grade B 2024 Exam Centre

The Reserve Bank of India will conduct the online examination for the General, DEPR, and DSIM Posts at the specific allotted centres. Candidates get to know the exact venue of their exam centre in the admit card released for each stage of the selection process. In the below table, we have provided the online examination centres for Phase I (Gr. B (DR) –General).

RBI Grade B 2024 Exam Day Guidelines

On the day of the RBI Grade B 2024 exam, follow these guidelines, candidates can download their admit card online which includes roll number, password, exam date, time, and center details. On exam day, arrive at the center one hour early. Candidates must bring their admit card with a recent passport-size photo attached. Aspirants need to carry a valid photo ID and a photocopy, such as a PAN Card, Passport, Driving License, Voter’s Card, Bank Passbook, College/University ID, Aadhaar Card, E-Aadhaar Card, Employee ID or Bar Council ID. Ration cards and learner’s licenses are not accepted. During the exam, candidates cannot use calculators, books, notes, pagers or any electronic devices. Bring a ball-point pen; rough work sheets will be provided at the center.

RBI Grade B 2024 Cut Off

The RBI Grade B cut-off marks are the minimum scores needed to pass each stage of the exam. These scores are announced with the results and show how tough the exam was that year. The RBI releases cut-off marks for each stage and section after the results. Candidates who meet or exceed these marks advance to the next stage. To prepare well, candidates should check the cut-off scores from previous years. The RBI Grade B Cut Off 2023 for Phase 1 is provided below.

RBI Grade B Officer Job Profile & Responsibilities

Candidates becoming RBI Grade B Officers become the key players in India’s financial world. Aspirants will be responsible for important tasks like ensuring there is enough cash circulating in the country and keeping an eye out for fake money. Candidates will get to work in the various departments and also they have to handle bank accounts and ensure that everything runs smoothly.  RBI Grade B Officer job comes with a lot of responsibility, but also a chance to learn a lot and contribute to India’s economic well-being. Here, we have discussed in brief the RBI Grade B Officer Job Profile and Responsibilities.

• RBI Grade B Officer will shape policies influencing interest rates, inflation, and overall economic growth.
• The employees must ensure that the banks adhere to the regulations and maintain financial stability.
• RBI Grade B Officer will oversee various accounts for the Government, performing functions similar to merchant banking.
• The employees will oversee the issuance, circulation, and exchange of Indian Currency to ensure its smooth flow throughout the economy.
• Analyzing economic data and trends to make informed policy recommendations.
• Conducting inspections and audits of banks to identify and address potential risks.
• Managing financial resources and ensuring efficient use of funds.
• Liaising with government agencies and financial institutions.
• Staying updated on global economic developments and their impact on India.

RBI Grade B Officer Career Growth

The career path for an RBI Grade B Officer involves moving up through different levels of responsibility and authority. Starting as an Assistant Manager, they can progress to roles like Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Principal Chief General Manager, Executive Director, Deputy Governor, and Governor through promotions and exams. Each level represents increased seniority and influence within the organization.

RBI Grade B Officer: Job Timings

The Reserve Bank of India always promotes a good work-life balance for the employees so the organization has fixed the working hours keeping all the Saturdays and Sundays off. In some circumstances, RBI Grade B Officers are called on an urgent basis. The employees can easily finish their work within working hours, i.e. 10 AM-06 PM.