RBI Grade-B

RBI Grade-B Officer exam is very popular among the masses. As this job offers a handsome salary and the comforts of a government job. Working for one of the top-most financial institutes of India can by itself be extremely rewarding for any candidate wanting to get into the finance sector. RBI Grade B Officer Recruitment notification is highly anticipated by most of the bank job aspirants in India. The interested candidates can apply for this coveted exam through the official RBI website.

RBI Grade-B Officer Salary

The RBI Grade-B Officer commands a handsome salary and enjoys many other perks. Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family Allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs. 75,831/-(approx.)

RBI Grade-B Officer Exam Pattern

The first step of a fruitful prep for this exam is to become familiar with its pattern. The recruitment of RBI Grade-B officers takes place in two stages, which are followed by the interview. Let’s have a look at the RBI Grade-B officer exam pattern for the initial two stages:

  • Phase I examination
  • Phase II examination

RBI Grade-B Phase-I Exam Pattern:

Sections

No. of Questions

Marks

Duration

General Awareness

80

80

A composite time of 120 minutes is provided to the candidate.

Quantitative Aptitude

30

30

English Language

30

30

Reasoning

60

60

Total

200

200

RBI Grade-B Phase-II Exam Pattern:

Name of the Paper

Type of the Paper

Duration ( in minutes)

Marks

Paper I Economic & Social Issues

Objective Type

90

100

Paper II English (Writing Skills)

Descriptive (to be typed with the help of keyboard)

90

100

Paper III Finance & Management

Objective Type

90

100

RBI Grade-B Officer Examination Syllabus:

The RBI Grade B exam is conducted in two phases and there is a lot of variation in the syllabus for both of these phases. Let’s have a look at the detailed RBI Grade B syllabus:

RBI Grade-B Phase-I Syllabus

General Awareness:

The questions can be asked about different topics which are mentioned below-

  • Current Affairs
  • Banking & Financial News
  • Static GK

English Language:

Let’s have a look at each type of question that is asked in this section.

  • Spotting Error
  • Parajumbles
  • Cloze Test
  • Reading Comprehension

Quantitative Aptitude:

Let’s have a look at each type of question that is asked in this section.

  • Number Series
  • Data Interpretation
  • Quadratic Equation
  • Miscellaneous Questions

Miscellaneous Questions test candidates on topics like Average, Ratio & Proportion, Profit loss, SI & CI, Time & Work, Time, Speed & Distance, Boats & Streams, and Permutation & Probability, etc.

Reasoning Ability:

Questions asked in this section can be related to any of the following topics-

  • Input-Output
  • Inequality
  • Coding Decoding
  • Puzzle Test
  • Linear Arrangement
  • Data Sufficiency
  • Seating Arrangement
  • Syllogism

RBI Grade-B Phase-II Syllabus

The Phase-II of the RBI Grade-B exam tests the candidates in three areas: Economic and Social Sciences, English, and Finance & Management. The questions asked in this phase will be both Objective and Subjective in nature. Let’s learn about topics that are touched upon, related to the three main areas mentioned above:

Paper-I – Economic and Social Issues:

Social Issues:

  1. Poverty
  2. Illiteracy
  3. Child Marriage
  4. Child Labor
  5. Casteism, Communalism, Regionalism and Language Conflicts

Economic Issues:

  1. Inequality has risen rather than decreased.
  2. Large Budget Deficit
  3. Rigid labor Laws
  4. Poor Infrastructure
  5. The balance of Payments deterioration.
  6. Inefficient agriculture
  7. Slowdown in growth
  8. Inflation
  9. Poor educational standards
  10. High levels of private debt

Paper-II – English (Writing Skills) –

This paper will be descriptive in nature and will test the writing skills of the candidates.

Paper-III – Finance and Management –

All major topics related to Finance and Management will be covered in this exam.

Application Fee

The application fee for this exam is Rs. 800 for Gen/OBC candidates and Rs. 400 for SC/ST/PwBD candidates. The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets. The RBI Grade-B admit cards are generally released a few weeks before the date of the exam. These admit cards can be downloaded from the official website.

Result

The roll number of finally shortlisted candidates will be uploaded on the official website and an invitation will also be sent to the selected candidates on the email ID’s, which they provided at the time of application.

The final selection of the candidates will be through a merit list. The merit list will take into account the performance of a candidate in both Phase-II and interview rounds. The final RBI Grade B result is expected to be released a few weeks after the completion of the interview round.

So, this was a basic overview of the RBI Grade-B Officer exam. Check out our other articles to learn about all the nuances of this exam.