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RBI Grade B 2024 Mains Exam Date, Admit Card Out for 94 Vacancy

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 was conducted on 8th September 2024 for General posts and 14th September 2024 for DEPR & DSIM posts and the mains exam will held on 19 and 26 October 2024. 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 the General, DEPR, and DSIM categories.

The RBI Grade B Interview Dates have also been announced. They are scheduled to take place from 01 December 2024 to 10 January 2025. Following that, the final result is expected to be released on 15 January 2025.

RBI Grade B 2024 Mains Exam Date

The RBI Grade B 2024 Mains Exam Date has also been announced. The Phase I Exam was conducted on 8 and 14 September 2024, and the RBI Grade B Phase 2 Exam i scheduled to be held 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 Mains Exam Date
Activity Important Dates
Phase I Online Exam of Grade ‘B’ (DR)-General 08 September 2024
Phase I Online Exam of Grade ‘B’ (DR)-DEPR (Paper I and II)/DSIM (Paper-I) 14 September 2024
RBI Grade B Mains Result 2024 14th November 2024
RBI Grade B Mains Admit Card 2024 11 October 2024
RBI Grade B 2024 Mains Exam Date of (DR)-General 19 October 2024
RBI Grade B 2024 Mains Exam Date of (DR)-DEPR (Paper I and II)/DSIM (Paper II and III) 26 October 2024

 

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
Organization Reserve Bank Of India
Exam Name RBI Grade B
Post Grade B
RBI Grade B Vacancy 2024 94
Category Recruitment
Language Of Exam English
Selection Process Phase I, Phase II, and Interview
Application Mode Online
Age Limit 21 to 30 Years
Salary Basic Pay: ₹55,200/- p.m
Official Website @www.rbi.org.in
WhatsApp Channel Join WhatsApp Channel
Telegram Channel Join Telegram Channel

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

RBI Grade B 2024 Admit Card

For each stage of the selection process, the Reserve Bank of India issues a separate admit card on its official portal, www.rbi.org.in. The RBI Grade B Mains Admit Card 2024 has been made available to the candidates who successfully cleared the phase 1 exam. To download the admit card, candidates will have to fetch the login details such as the registration number and password/date of birth.

RBI Grade B 2024: Important Dates

Preparing for the RBI Grade B exam requires knowing the important dates mentioned in the notification. Candidates should stay updated with the important dates provided in the notification PDF. It’s important not to miss any important information to avoid regrets later. Below we have created a table with the important dates for RBI Grade B 2024, ensuring candidates stay informed about notification and exam schedules.

RBI Grade B 2024: Important Dates
Activity Important Dates
RBI Grade B Notification 2024 (Detailed ) 25 July 2024
RBI Grade B Apply Online 2024 Starts On 25 July 2024
Last Date To Apply Online For RBI Grade B 16 August 2024

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 [Registration is Over]

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 Application Fees
Category Amount
Application fee for General/ OBC 850 /- +18% GST
Application fee for ST/SC/PWD/EXS 100/- +18% GST

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 Vacancy 2024
Post  (GEN/UR)  SC ST OBC EWS Total
Officers in Grade ‘B’(DR)- General 27 10 4 19 6 66
Officers in Grade ‘B’(DR)- DEPR 8 1 6(3) 5 1 21
Officers in Grade ‘B’(DR)- DSIM 2 1(1) 4(4) 7

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 2024 Eligibility Criteria
Factors Requirements
Educational Qualification

You should have a minimum of a Bachelor’s degree with at least 60% marks (50% for SC/ST/PWD) or an equivalent grade. Some preference might be given to candidates with higher qualifications.

Age Limit
  • Minimum Age: 21 years
  • Maximum Age: 30 years

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 Number of Attempts
Category  Number of Attempts
General 6 Attempts
SC/ST/PwD No Limit

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

The RBI Grade B Syllabus includes topics that candidates need to study for the exam. Phase-I for General Posts covers General Awareness, English Language, Quantitative Aptitude, and Reasoning. Phase-II includes Economic and Social Issues, English, and Finance and Management topics. The Phase 1 and Phase 2 exams have different syllabus and having a detailed knowledge of the RBI Grade B Syllabus is the primary step for a candidate aspiring to appear in the RBI Grade B Exam 2024. Candidates should be familiar with the RBI Grade B Syllabus and Exam Pattern 2024 so that no single topic is uncovered. Candidates can check the complete RBI Grade B 2024 Syllabus along with the latest exam pattern

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 I Exam Pattern 2024 for Grade ‘B'(DR)-General

Sections No. of Questions Maximum Marks Time Duration
Reasoning Ability 60 60 45 Minutes
English Language 30 30 25 Minutes
Quantitative Aptitude 30 30 25 Minutes
General Awareness 80 80 25 Minutes
Total 200 200 120 Minutes

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: Phase II Exam Pattern
Name Of Paper Type Of Paper Time No. Of Questions Marks
Paper-I:
Economic and Social Issues
50% Objective 30 Minutes 30 Objective Questions 50
50% Descriptive 90 Minutes 4 Descriptive Questions 50
Paper-II:
English (Writing Skills)
Descriptive 90 Minutes 3 100
Paper-III:
General Finance & Management
50% Objective 120 Minutes 30 Objective Questions 50
50% Descriptive  4 Descriptive Questions 50

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 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 Centre
State/UT Centre
Andaman & Nicobar Port Blair
Andhra Pradesh
Guntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam
Arunachal Pradesh Naharlagun city
Assam
Dibrugarh, Guwahati, Jorhat, Silchar, Tezpur
Bihar
Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna
Chandigarh
Chandigarh- Mohali
Chhattisgarh
Raipur, Bhilai, Bilaspur (CG)
Daman & Diu Rajkot
Delhi
Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram
Goa Panaji
Gujarat
Ahmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara
Haryana
Ambala, Hissar, Kurukshetra.
Himachal Pradesh
Hamirpur, Solan, Shimla
Jammu & Kashmir Jammu
Jharkhand
Bokaro, Dhanbad, Hazaribaug, Jamshedpur, Ranchi
Karnataka
Bengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi
Kerala
Kannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam,
Ladakh Leh
Madhya Pradesh
Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain
Maharashtra
Amravati, Chhatrapati Sambhajinagar (Aurangabad), Jalgoan, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi
Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram
Orissa
Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Rourkela, Sambalpur
Puducherry Puducherry
Punjab
Amritsar, Bhatinda, Jalandhar, Ludhiana,
Rajasthan
Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur
Sikkim
Gangtok-Bardang City
Tamilnadu
Chennai, Coimbatore, Erode, Madurai, Virudhunagar, Salem, Namakkal, Thiruchirapalli, Tirunelvelli,
Telangana
Hyderabad- Rangareddy, Karimnagar, Warangal
Tripura Agartala
Uttar Pradesh
Agra, Prayagraj (Allahabad), Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi
Uttarakhand
Dehradun, Haldwani, Roorkee City
West Bengal
Asansol, Kolkata, Greater Kolkata, Kalyani, Siliguri

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 Cut Off 2023 For Phase 1
Section Category
General/UR EWS OBC SC ST PwBD
General Awareness 12.00 12.00 8.00 6.25 6.25 6.25
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
Reasoning 9.00 9.00 6.00 4.75 4.75 4.75
Total 54.25 54.25 54.25 52.75 44.75 40.25

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.

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FAQs

When will RBI Grade B 2024 Notification be released?

RBI Grade B 2024 Notification has been released in the last week of July 2024.

What is the selection process for RBI Grade B 2024?

The selection process for RBI Grade B 2024 includes three stages: Preliminary Exam, Mains Exam and an Interview. Candidates must pass each stage to move forward. The Preliminary Exam tests general knowledge and reasoning, while the Mains and Interview focus on specialized subjects.

What is the minimum age limit to apply for RBI Grade B 2024?

The minimum age limit to apply for RBI Grade B 2024 is 21 Years.

What is RBI Grade B Exam?

RBI Grade B is defined to be one of the most competitive banking exams held across the nation. The Grade B Officer exam is considered to be the one and only entry-level officers' exam, which the Reserve Bank of India authentically conducts. 

How many attempts for RBI Grade B?

General category candidates have a limit of six attempts for the RBI Grade B exam, while SC/ST/OBC/PwBD candidates can attempt it without any restrictions on the number of tries, provided they meet the age criteria.

Which bachelor's degree is best for RBI Grade B?

To appear for the RBI Grade B exam, candidates need at least a Bachelor's degree with 60% marks (50% for SC/ST/PWD) or its equivalent, higher qualifications may receive preference.

Is RBI Grade B hard to crack?

Yes, passing the RBI Grade B exam can be tough. It demands thorough preparation, a good understanding of financial concepts, and strong problem-solving skills. Candidates must study hard and practice a lot to improve their chances of succeeding in this competitive exam.

What is the basic salary of RBI Grade B?

The basic salary of RBI Grade B officer is ₹55,200/-p.m

Which is better, RBI Grade B or SBI PO?

Compared to SBI/ IBPS POs, RBI Grade B Officers are much better because they receive higher salaries, more perks and allowances

What happens after passing RBI Grade B?

After passing the RBI Grade B exam, candidates usually have a two-year probation period. They receive training and practical experience in banking and finance during this time. Once they successfully complete probation, they become confirmed officers at the Reserve Bank of India. This role comes with more responsibilities and chances for career growth.

How many months are sufficient for RBI Grade B exam?

Typically, around 6-12 months of focused preparation is considered sufficient for the RBI Grade B exam. This allows time to cover all relevant subjects thoroughly and practice previous year papers.

How many hours does RBI Grade B Officer work?

RBI Grade B Officers work for 8 hours per day, typically from 10 AM to 6 PM, with a five-day workweek. This totals to 40 hours of work per week.

How many seats are there in RBI Grade B 2024?

For RBI Grade B 2024, there are a total of 94 vacancies available. These positions are for different departments, including General, DEPR and DSIM. Candidates can find more details about the seats and recruitment process in the official notification.

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