Reserve Bank of India lures thousands of aspirants as it offers lucrative salary and social reputation. It holds its examinations in three phases:
- Preliminary Exam
- Main Exam and
RBI Grade B 2020 Exam Dates
The exam dates for RBI Grade-B Officer exam will be released along with its Official Notification. The important dates for RBI Grade B 2020 Officer Exam are as follows:
|RBI Grade-B Exam Dates 2020|
|RBI Grade-B Events||Date|
|Release of RBI Grade B online application form||September 2020|
|Online Payment of Application Fees / Intimation Charges:||October 2020|
|Commencement of Phase-I exam||November 2020|
|Result of Phase-I exam||November 2020|
|Commencement of Phase-II exam: General||December 2020|
|RBI Grade-B- DEPR / DSIM Paper-II & III (Online/Written Examination)||December 2020|
|Interview Process||To be notified later|
|Declaration of final result||To be notified later|
RBI Grade B 2020 Online Application
The online application for RBI Grade B 2020 will start from 3rd week of September 2020 and the closing date for the same will be updated here soon.
RBI Grade B Vacancy 2020
Reserve Bank of India (RBI) will release the total number of vacancies for RBI Grade B 2020 exam along with its Official Notice. Lasy Year, RBI introduced 199 vacancies for 2019. Let’s have a look at the vacancy for RBI Grade B 2019 Exam.
|1.||Officers in Grade ‘B’(DR)- General||156|
|2.||Officers in Grade ‘B’(DR)- DEPR||20|
|3.||Officers in Grade ‘B’(DR)- DSIM||23|
RBI Grade B Salary 2020
All the Officers selected through RBI Grade B 2020 Exam will be given the annual salary of 12-14 Lac. Along with this CTC comes numerous emoluments and perks. The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. This means that you will be having basic pay of Rs. 35,150/- in which you will get an increment of Rs. 1,750/- up till nine years of your service. After the completion of nine years you will get into the executive band wherein the basic pay will be of Rs. 50,900/- and then again for the next two years you will get an increment of Rs. 1,750/- and further an increment of rs. 2000/- for the following 2 years thus ending up with the basic pay of Rs. 62,400/- 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.
RBI Grade B 2020 Application Fees
A total of Rs. 850/- is the application fee to be paid by candidates belonging to General and OBC category for RBI Grade B 2020 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.
RBI Grade B 2020 Exam Pattern
RBI Grade B 2020 Exam is conducted in three phases:
- Phase-I exam
- phase-II exam and
- interview process
Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.
RBI Grade B Exam Pattern for Prelims Exam
|Serial Number||Section Asked||No. of Questions||Maximum Marks||Duration|
|1.||General Awareness||80||80||Composite time of 2 hours|
RBI Grade B Exam Pattern for Mains Exam
|Serial Number||Section Asked||Paper Type||Maximum Marks||Duration|
|1.||Economics and Social Issues||Objective||100||90 minutes|
|2.||Paper II English (Writing Skills)||Descriptive (to be typed with the help of keyboard)||100||90 minutes|
|3.||Paper III Finance & Management||Objective Type||100||90 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 Phase II exam. Interview Process will carry 50 marks.
RBI Grade B 2020 Exam Syllabus
The syllabus of RBI Grade B 2020 prelims exam is just like the other Bank Exams. The major sections from which the questions are asked are:
- Quantitative Aptitude
- General Awareness and
- English Language
|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|
Apart from the above mentioned three sections in Mains Exam, an additional section of English (Written Skills) is also present through which a candidate is tested on his/her writing skills.
RBI Grade B 2020 Eligibility Criteria
Candidates are required to follow the given criteria to be eligible for RBI Grade B 2020 Exam:
RBI Grade B Citizenship & Nationality
- • Must be a citizen of India
- • Must be a subject of Nepal
- • Must be a subject of Bhutan
- • Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India.
- • A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
RBI Grade B Age Limit: RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2020.
RBI Grade B 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.
|Physically Handicapped||10 years|
|PH + OBC||13 years|
|PH + SC/ST||15 years|
RBI Grade-B Educational Qualification:
|Posts||Minimum Educational Qualifications|
|1. Officers in Grade ‘B’ (DR) – (General)||• A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.• The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters / years.|
|2. Officers in Grade ‘B’ (DR) – DEPR||• 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• 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• 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.|
|3. Officers in Grade ‘B’ (DR) – DSIM||• 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• 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|
• M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR• 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.
RBI Grade B Exam Centers
RBI Grade B Exam Centers for Phase-I Exam
|States /UTs||RBI Grade B Exam Centers for Prelims|
|Andaman & Nicobar||Port Blair|
|Andhra Pradesh & Telangana||Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram|
|Arunachal Pradesh||Itanagar, Naharlagun city|
|Assam||Dibrugarh, Guwahati, Jorhat, Silchar|
|Bihar||Bhagalpur, Muzaffarpur, Patna|
|Daman & Diu||Jamnagar|
|Gujarat||Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara|
|Haryana||Hissar, Karnal, Rohtak|
|Himachal Pradesh||Dharamsala, Shimla|
|Jammu & Kashmir||Jammu|
|Jharkhand||Bokaro, Dhanbad, Jamshedpur, Ranchi|
|Karnataka||Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi|
|Kerala||Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil|
|Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur|
|Maharashtra||Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur|
|New Delhi||Delhi –NCR|
|Orissa||Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur|
|Punjab||Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala|
|Rajasthan||Ajmer, Jaipur, Jodhpur, Kota, Udaipur|
|Sikkim||Gangtok, Bardang City|
|Tamilnadu||Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin|
|Uttar Pradesh||Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi|
|Uttarakhand||Dehradun, Haldwani, Nainital, Roorkee City|
|West Bengal||Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri|
RBI Grade B Exam Centers for Phase-II Exam
|Name of the Examination Cities|
RBI Grade B 2020 Admit Card
The RBI Grade B Admit Card 2020 will be released separately for both Phase-I and Phase-II exam. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.
RBI Grade B 2020 Exam Results
The results for RBI Grade B 2020 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify both Phase-I and Phase-II exam to get a chance to sit for the interview process. The merit list is prepared in the 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 Exam Cut Off
The cut off for RBI Grade B 2020 Exam will be released after each phase of examination is completed. The cut-off for the Phase-I exam will be released first followed by cut off for 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.
How to prepare for RBI Grade B 2020 ?
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