RBI Assistant 2024 Vacancy: Check State-Wise Vacancies List

The tips and tricks to crack RBI Assistant exam are given below: Prelims Check previous year papers Complete whole syllabus Clear basics for the Quant section To score good marks in the Reasoning section, practice different types of questions Read newspapers to ace the English section. Be thorough with the vocabs and grammar rules Aim for 100% attempt in the exam Mains Candidates must make atleast two subjects strong so that they can get maximum marks in these subjects Solve previous year papers of RBI Assistant Mains Candidates must practice as much questions as they can from different topics Revise as much as you can before exam. Revision is the important part of preparation. Revision helps in remembering the topics learned in the exam Candidates must attempt mock test to know the types of questions asked in the exam. Moreover, solving mock tests help candidates to learn effective time management skills

The selection process includes preliminary and Mains exams followed by a Language Proficiency Test (LPT). The prelims exam is divided into three sections English Language, Numerical Ability and Reasoning Ability. The total marks allotted to the test are 100. The total duration of the preliminary exam is 60 minutes. The Mains exam carries questions from Test of Reasoning, Test of English Language, Test of Numerical Ability, Test of General Awareness and Test of Computer Knowledge. The total marks allotted to the test are 200. The marks of the Mains exam are taken into consideration for the final merit list. Candidates qualifying the Mains exam are called for LPT. The marks obtained in the prelims exam are not counted for the final merit list. The prelims exam serves as a screening test for the mains exam.

The RBI assistants have the opportunity to get promoted to the post of manager in their careers. The following is the career path of an RBI assistant: 1. You join as an assistant in a particular regional office of the RBI. 2. You will have to serve a minimum of two years' service. 3. After two years of service, RBI assistants get multiple opportunities to get promoted to the officer level. 4. Normally, after a certain year of service, you can appear in the written test, and based on seniority, you can be promoted to the officer scale. 5. Other than that, RBI assistants may apply for merit-based promotions if they are graduates and have completed the JAIIB and CAIIB diplomas. 6. After five years of service, an RBI Assistant can be promoted to the rank of assistant manager based on qualification. 7. Afterwards, they can be promoted to the rank of Manager Grade B. 8. Mostly RBI Assistant can reach up to the post of Senior Manager Grade C.

RBI offers a lucrative salary to its employees. As a result of which, a large number of aspirants apply for the exam. The basic salary of RBI Assistant is INR 20,700 per month. The pay scale is INR 20700-1200 (3)-24300- 1440 (4) -30060-1920 (6)-41580-2080 (2)-45740-2370 (3)-52850- 2850-55700 (20 years). Candidates are entitled to Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance, etc., as admissible from time to time. At present, the initial monthly gross emolument for Assistants is approximately INR 45,050. The house allowance of 15 percent of pay is paid to employees.

It is not difficult to crack RBI Assistant exam if candidates follow the syllabus and an effective preparation strategy. To score well in the exam, candidates need to practice sample/question papers, attempt mock tests, analyse their preparation level. 

Candidates belonging to the unreserved categories are given relaxation in the upper age limit. The category-wise age relaxation given to candidates are given below: Scheduled Caste / Scheduled Tribe (SC/ST)-By 5 years, I. e. up to 33 years Other Backward Classes (OBC)-By 3 years, I. e. up to 31 years Persons with Disabilities (PWD)-By 10 years (GEN/ EWS), 13 years (OBC) & 15 years (SC/ST) Ex-Servicemen-To the extent of service rendered by them in Armed Forces plus an additional period of 3 years subject to maximum of 50 years Widows/divorced women/ women judicially separated who are not re-married-By 10 years Candidates domiciled in the state of Jammu and Kashmir during the period from 1st January, 1980 to 31st December, 1989-By 5 years Candidates having work experience in Reserve Bank of India-To the extent of number of years of such experience, subject to maximum of 3 years.

RBI offers an attractive RBI Assistant salary along with numerous allowances and benefits. Candidates also receive increments at regular intervals. RBI Assistant receives a basic pay of INR 20,700 along with certain increments and the salary is expected to sure in five years. RBI Assistant salary after 5 years is INR 24300 per month including other allowances. The RBI Assistant  receives a handsome salary package, along with numerous allowances and benefits. RBI Assistant salary is INR 14,24,834 per year. Candidates selected to the post of RBI Assistant are responsible for maintaining files including collection of receipts, maintaining of ledger, balance tally, etc., Data Entry, Relying to Mails, Relying to RTI, Issue of Currencies, Verifying Banking Documents, etc.

The initial basic pay of RBI Assistant is INR 20,700 per month (as per revised salary) with a pay scale of INR 20700-1200 (3)-24300-1440 (4) – 30060-1920 (6)-41580-2080 (2)-45740-2370 (3)-52850-2850-55700 (20 years). The revised gross salary of an RBI Assistant is INR 45,050 per month including Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance etc. In case, the employees are not staying the apartments, they will be paid with House Allowance of 15 per cent of Pay additional. An amount of INR 3575 is deducted from the net gross pay of an RBI Assistant. Candidates are given reimbursement of expenses for maintenance of vehicle for official purpose, Newspapers, Briefcase, Book Grant, Allowance for furnishing of residence, etc. as per eligibility, Dispensary facility besides reimbursement of medical expenses for OPD treatment or hospitalization as per eligibility, Interest-free Festival Advance, Leave Fare Concession, Loan and Advance at concession rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. It will be available to regular employees who will put in at least two years of service. The recruits will be governed by the Define Contribution New Pension Scheme, in addition to the benefit of Gratuity.

 

The education of the salary of the RBI Assistant is given below.

Parameters	Amount (In INR)
EE NPS contribution amount	4200.00
Proof Tax- Split Period	200.00
EE NPS Arrears	3074.00
Meal Coupon Deductions	160.00
MAF	225.00
All India RBI Employees	30.00
Sports Club Subscription	20.00

RBI Assistant syllabus is given below: English Language: Reading Comprehension, Synonyms, Antonyms, Sentence Correction, Word Meanings, etc. B) General Awareness: Current Affairs Banking Awareness, Policies Related to RBI Monetary Policies, Fiscal Policies, Government Schemes, etc. C) Quantitative Aptitude Percentage, Time and Distance, Time and Work, Simple Interest and Compound Interest, Average, Profit & Loss, Data Interpretation, etc. D) Reasoning: Number Series, Blood Relation, Puzzles, Seating Arrangement, Coding and Decoding, etc. E) Computer Language: Languages, Basic Hardware and Software, History of Computers and Devices. Candidates must be thorough with the RBI Assistant syllabus as the questions in the exam are framed based on it. Candidates can refer to the good books for RBI Assistant exam inorder to gain conceptual clarity of the chapters or topics given in the syllabus.

The RBI Assistant has negative marking scheme. 1/4 marks will be deducted for each incorrect answer in prelims and Mains exam. The exam pattern has been given below for the candidates: Number of Questions: 100 Total marks: 100 Marks for correct answer: +1 Deduction for incorrect answer: 0.25 Marks for unanswered question: 0 The marks of candidates are calculated based on the marking scheme. The scores are calculated based on the number of correct and incorrect answers. Normalisation of marks is done to adjust the difficulty level of the question paper held across various shifts. RBI Assistant result is announced based on the normalised marks. Candidates should score good marks in the exam to crack the exam.