RBI Grade B 2024 Notification Out, Exam Date, Online Form, 94 Vacancy
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- RBI Grade B Notification 2024
The Reserve Bank of India (RBI) conducts the RBI Grade B Officer Exam annually to select suitable candidates for the position of Grade B Officer in its various branches across the country. Lakhs of banking aspirants eagerly wait for this examination every year due to the excellent pay scale and reputed job profile offered by the Reserve Bank of India. RBI Grade B 2024 Phase 1 Exam for Grade B (DR)- General is scheduled for 8th September 2024 and for DEPR & DSIM on 14th September 2024. The RBI Grade B Exam has 94 vacancies this year, so it is very important to prepare effectively for this exam. The selection of RBI Grade B Officers will be done through a nationwide competitive examination in three phases: Preliminary, Mains examination, and Interviews.
RBI Grade B 2024 Exam
The selection for RBI Grade B Officers is done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview. Aspiring candidates who are interested in a career in the banking sector can now begin their preparation in earnest. The RBI Grade B examination is highly prestigious and offers candidates an opportunity to work with the Central Bank of India. Reserve Bank of India (RBI) conducts the RBI Grade B Officer Exam selecting eligible graduates for the position of Grade B officer in its various branches all across the country.
The RBI Grade B exam is a nationwide government exam administered by the Reserve Bank of India (RBI). It is aimed at individuals who aspire to work in the banking industry. The Grade B Officer positions at RBI provide a lucrative salary and a prestigious job profile, making it a highly competitive exam. The RBI Grade B Notification 2024 will be released for various posts, including:
- Officers in Grade 'B' (DR) - (General)
- Officers in Grade 'B' (DR) - DEPR
- Officers in Grade 'B' (DR) - DSIM
RBI Grade B 2024 Notification
The Reserve Bank of India (RBI) released the RBI Grade B Notification 2024 pdf on 25th July 2024 at the official website of https://www.rbi.org.in to recruit eligible candidates for the post of Grade B Officer Exam. It would be an excellent opportunity for graduates seeking an opportunity in the Reserve Bank of India (RBI). The RBI Grade B 2024 exam has a three-phase selection process. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process.
RBI Grade B Notification 2024 Out - Click to Download
RBI Grade B 2024 Exam Summary
Reserve Bank of India (RBI) is solely responsible for conducting the recruitment process for the RBI Grade B 2024 Exam. To learn about the RBI Grade B Exam 2024, candidates can refer to the exam summary table below, which contains important information about the RBI Grade B Recruitment 2024.
| RBI Grade B 2024- Summary | |
| Organisation | Reserve Bank of India (RBI) |
| Exam Name | RBI Grade B 2024 |
| Posts | Grade B Officers |
| Vacancies | 94 |
| Category | Govt Jobs |
| Recruitment Basis | Direct Recruitment |
| Registration Dates | 25th July to 16th August 2024 |
| Selection Process | Phase I, Phase II & Interview |
| RBI Grade B Salary | Rs. 55,200/- Basic Pay [Revised] |
| Job Location | Across India |
| Official website | https://www.rbi.org.in/ |
RBI Grade B Exam Date 2024 Out
The exam dates for RBI Grade B Exam 2024 Phase 1 and Phase 2 has been notified by the Reserve Bank of India along with RBI Grade B Notification 2024. Candidates filling out application forms will have to appear for the Preliminary or phase 1 exam on 8th & 14th September 2024. After the completion of the prelims exam those who qualify have to appear for RBI Grade B Mains Exam on 19th & 26th October 2024.
- Phase 1 Exam for Grade B (DR)- General- 8th September 2024
- Phase 2 Exam for Grade B (DR)- General- 14th September 2024
- Phase 1 Exam for Grade B (DR)- DEPR & DSIM- 19th October 2024
- Phase 2 Exam for Grade B (DR)- DEPR & DSIM- 26th October 2024
RBI Grade B 2024- Important Dates
Reserve Bank of India (RBI) has released the official notification regarding Grade B Officer vacancies. Eligible candidates can submit their application forms for the RBI Grade B Exam 2024 from 25th July to 16th August 2024. All the important dates for RBI Grade B 2024 have been updated here as announced by RBI.
| RBI Grade B 2024- Important Dates | |
| Events | Dates |
| Release of RBI Grade B Notification | 25th July 2024 |
| RBI Grade B Apply Online Starts | 25th July 2024 |
| Online Application Last Date | 16th August 2024 (6:00 pm) |
| Online Payment of Application Fees Last Date | 16th August 2024 (6:00 pm) |
| Phase-I Exam Date | 8th & 14th September 2024 |
| Phase-II Exam Date | 19th & 26th October 2024 |
RBI Grade B Vacancy 2024
The number of vacancies has been released along with RBI Grade B Notification 2024 PDF. This year, the Reserve Bank of India (RBI) announced 94 vacancies. Let's have a look at the post-wise vacancy distribution for the RBI Grade B 2024 Exam.
| Posts | Vacancies |
| Officers in Grade ‘B’ (DR)–(General) | 66 |
| Officers in Grade ‘B’ (DR)–DEPR | 21 |
| Officers in Grade ‘B’ (DR)–DSIM | 07 |
| Total | 94 |
RBI Grade B Application Form 2024
The online application process for the RBI Grade B 2024 exam has been started along with the release of the official RBI Grade B notification 2024 on 25th July. The candidates have to submit online application forms to get register themself by visiting https://opportunities.rbi.org.in. All candidates who are interested in applying for the RBI Grade B 2024 exam have to fill out the online application before the last date arrives i.e. 16th August 2024.
RBI Grade B Application Form 2024- Check Details
RBI Grade B 2024 Application Fees
A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC Categories. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD Category.
| Category | Application Fee |
| General/OBC | Rs. 850/- + 18% GST |
| SC/ST/PWD | Rs. 100/- + 18% GST |
| Staff@RBI | Nil |
Steps to Apply for RBI Grade B Recruitment 2024
Candidates have to submit their application forms online at www.rbi.org.in along with the required educational documents, experience proof and photographs. Follow the below easy steps to apply for the RBI Grade B 2024 Exam-
- Visit the official page of the Reserve Bank of India (RBI) at https://www.rbi.org.in/.
- Scroll down and click on “Opportunities@RBI”, then a new page with url https://opportunities.rbi.org.in opens.
- Now click on “Current Vacancies” >> “Vacancies”.
- Search for “Direct Recruitment for the post of Officers in Grade ‘B’ (Direct Recruit-DR) (General/DEPR/DSIM) Streams- Panel Year 2024”.
- Now click on “Online Application” and start with the registration process by filling the
- Afterwards, attach the required documents and pay the requisite application fee.
- Download and keep the application form safe for future reference.
RBI Grade B 2024 Eligibility Criteria
Candidates are required to follow the given RBI Grade B Eligibility Criteria to be eligible for the upcoming RBI Grade B 2024 Exam:
Educational Qualification
The grade-wise education qualification required to apply for various posts released under RBI Grade B Recruitment 2024 is discussed below.
| RBI Grade B Educational Qualification | |
| Posts | Minimum Educational Qualifications |
| Officers in Grade 'B' (DR) - (General) | • Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years. Note: • Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination. • Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post. OR • Any such full-time 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 post graduation will be eligible for admission to the examination. |
| Officers in Grade 'B' (DR) - DEPR | • Essential: a. A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. OR b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. OR c. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute d. (i) Candidates having Master's Degree 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. |
| Officers in Grade 'B' (DR) - DSIM | Essential: a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay 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. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years. OR d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. |
Age Limit (as on 01/07/2024)
RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidate must have attained the age of 21 years and must not have attained the age of 30, i.e., he/she must have been born not earlier than July 02, 1994 and not later than July 01, 2003 to apply for RBI Grade B Exam 2024. The upper age limit for candidates possessing M.Phil. and PhD qualifications will be 32 and 34 years respectively.
Age Relaxation
Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
| RBI Grade B Age Limit Relaxation | |
| Category | Age relaxation |
| SC/ST | 5 years |
| OBC | 3 years |
| Physically Handicapped | 10 years |
| PH + OBC | 13 years |
| PH + SC/ST | 15 years |
RBI Grade B 2024 Selection Process
A three-phase process including Phase I (preliminary exam), Phase II (main exam), and an interview is the selection process for RBI Grade B vacancies. RBI Grade B 2024 Exam is conducted in three phases, the Prelims examination is Objective type in nature while the Mains examination comprises the objective as well as descriptive test
- Phase-I exam- Preliminary
- Phase-II exam- Mains
- Interview process
RBI Grade B 2024 Exam Pattern
Candidates are required to clear all three phases to get a confirmed post as a Grade B Officer in the Reserve Bank of India. The RBI Grade B exam is conducted in three phases: Phase I (Preliminary Exam), Phase II (Main Exam), and Phase III (Interview). Here's a detailed breakdown of the exam pattern:
RBI Grade B 2024 Prelims Exam Pattern
The prelims exam of RBI Grade-B Officer 2024 comprises a single Paper for 200 marks. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.
| RBI Grade B 2024 Prelims Exam Pattern | |
| Subject Names | General Awareness |
| Quantitative Aptitude | |
| English Language | |
| Reasoning | |
| No. of Questions | 200 |
| Total Marks | 200 |
| Time Duration | 2 Hours |
Note:
- A total time of 120 minutes will be given for the prelim exam. However, separate time will be allotted for each test. Detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letter for RBI Grade B 2024 prelims exam.
- Candidates have to secure minimum marks separately for each test as well as in aggregate.
RBI Grade B 2024 Mains Exam Pattern
There are 3 papers for the Examination. Paper I Objective Type (on Statistics) and Paper II & III will be descriptive type.
| S No | Sections / Subjects | Paper Type | Maximum Marks | Duration (minutes) |
| 1. | Paper I: Economics and Social Issues | 50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) | 50 Total-100 | 30 120 minutes |
| 2. | Paper II: English (Writing Skills) | Descriptive (3 questions) | 100 | 90 minutes |
| 3. | Paper III: Finance and Management | 50% Objective Type and 50% Descriptive | 50 Total-100 | 120 minutes |
RBI Grade B Officer Interview Process
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper II, and Paper III of the Phase II exam. The interview process will carry 50 marks.
RBI Grade B 2024 Syllabus
The RBI Grade B Syllabus for the prelims exam is similar to the other Bank Exams. The major sections from which the questions are asked are:
- Reasoning
- Quantitative Aptitude
- General Awareness and
- English Language
| RBI Grade B Exam Syllabus | |||
| English | Quantitative Aptitude | Reasoning | General Awareness |
| Grammar | Mensuration | Puzzles | Banking & Financial Awareness |
| Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
| Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
| Comprehension | Speed, Distance and Time | Data Sufficiency | Current Affairs |
| Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
| Jumble Words | Permutation and Combination | Syllogism | Static GK |
| Fill in the Blanks | Data Interpretation | Coding-Decoding | Government Schemes, Agreement & Deals |
| Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
Click to check RBI Grade B Syllabus 2024 (Prelims + Mains)
Number of Attempts
The number of attempts for a general candidate to appear for the RBI Grade B Exam is 6 (six) while for SC/ST/PWD/EXSM there is no limit for appearing in the exam unless they reach the maximum age level.
RBI Grade B 2024 Salary Structure
The Pay Scale for the RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). This means that you will be having basic pay of Rs. 55,200/- in which you will get an increment of Rs. 2850/- up to nine years of your service. After the completion of nine years, you will get into the executive band wherein the basic pay will be Rs. 80850/- and then again for the next two years you will get an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years thus ending up with the basic pay of Rs. 99,750/- and this is when you don't get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.
Click Here to View RBI Grade B Salary, Allowances & Promotions
RBI Grade B 2024 Admit Card
The officials will be issuing RBI Grade B Admit Cards to the candidates whose applications are submitted successfully. The admit cards for each phase will be released separately and have to be downloaded from the official website www.rbi.org.in using the registration number and password.
RBI Grade B 2024 Result
The results for RBI Grade B 2024 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify for both Phase-I and Phase-II exams to get a chance to sit for the interview process. The merit list is prepared in descending order of the marks obtained by candidates after the interview process is complete. The final selection is based on how well you do in your interview.
RBI Grade B 2024 Cut Off
The cut off for RBI Grade B 2024 Exam will be released after each phase of the examination is completed. The cut-off for the Phase-I exam will be released first followed by the cut off for the Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut-off list released by RBI. Check last year's RBI Grade B Exam Cut-Off for reference.
| RBI Grade-B Cut-Off 2023 for Phase-I Exam | ||||||
| Section | General/UR | EWS | OBC | SC | ST | PwBD (OH/HI/VH/MD) |
| General Awareness | 12 | 12 | 8 | 6.25 | 6.25 | 6.25 |
| Reasoning | 9 | 9 | 6 | 4.75 | 4.75 | 4.75 |
| English Language | 4.50 | 4.50 | 3 | 2.25 | 2.25 | 2.25 |
| Quantitative Aptitude | 4.50 | 4.50 | 3 | 2.25 | 2.25 | 2.25 |
| Total Score Aggregate | 54.25 | 54.25 | 54.25 | 52.75 | 44.75 | 40.25 |
RBI Grade B Cut Off Previous Year- Click Here
RBI Grade B 2024 Exam Preparation
To score high in the RBI Grade B 2024 Exam, every candidate must look into the latest exam pattern and the change in the syllabus so that preparation can be done accordingly. Candidates have the option to opt for the Offline Coaching Program offered by Career Power to enhance their skills. They can also solve Mock Test Papers to self-analyze themselves and prepare judiciously for this upcoming exam.