RBI Grade B 2024 Recruitment: Online Form, Vacancies & Eligibility

RBI Grade B application forms should be submitted online only. No offline applications are accepted by the examination authority. Candidates are not required to send the hard copy of the application form. The application fee for the RBI Grade B exam is INR 850 for General/OBC and INR 100 for SC/ST/PwBD. The application fees can be paid online.

No, candidates should not send the printout of the RBI Grade B application form and e-receipt. However, candidates must keep the printout of the application form and fee receipt for future reference. They should keep the printout of the application form and fee receipt till the completion of recruitment process. Candidates need to fill the application form of RBI Grade B online. The application fee for the exam is INR 850 for General/OBC and INR 100 for SC/ST/PwBD, can be paid online only. The application process of RBI Grade B comprises registration, uploading the scanned photograph and signature, filling the detailed application form, uploading left thumb impression and handwritten declaration, previewing the application form, paying the application fees and final submission.

RBI Grade B vacancies were announced for 2023. A total of 291 vacancies have been announced. Out of the total vacancies, 222 vacancies are for General post, 38 are DEPR and 31 for DSIM post. Selection of candidates against the vacancies is done based on Phase 1, 2 and Interview. The vacancy break-up of RBI Grade B exam is given below.

Post	Vacancies
Officers in Grade ‘B’(DR)- General	222
Officers in Grade ‘B’(DR)- DEPR	38
Officers in Grade ‘B’(DR)- DSIM	31
Total	271

RBI Grade B recruitment is conducted for the following posts: Officers in Grade B (General) Officers in Grade B (Department of Economic and Policy Research) Officers in Grade B (Department of Statistics and Information Management.

RBI Grade B exam is conducted online only for General post. The Paper 1 of RBI Grade B exam is conducted online and carries questions from General Awareness, English Language, Quantitative Aptitude, and Reasoning. The Phase 2 of RBI Grade B exam is conducted online. In Paper 1 of Phase 2 exam, candidates need to answer the questions in the descriptive paper with the help of the keyboard. In Paper 2 and 3 of Phase 2 exam, candidates need to type the descriptive answers with the help of the keyboard. Candidates opting to type the answers in Hindi in the descriptive test can do so with the help of either Inscript or Remington (GAIL) keyboards layout. RBI Grade B exam for DEPR and DSIM is conducted online and offline.

RBI Grade B exam is conducted in three phases I, II, & III. Phase I is based on General Awareness, English Language, Quantitative Aptitude and Reasoning. In Phase 2, there are three papers: Economic and Social Issues, English, and Finance & Management. The final selection of the candidates is based on an interview. Phases I and II carriers 200 and 300 marks, respectively. The interview carries 75 marks. The duration for Phase 1 is 120 minutes. Phase 2 has a different time duration: Paper I & III are conducted for 120 minutes, and Paper III for 90 minutes.

The standard of RBI Grade B syllabus is of the Graduation and Postgraduation levels. RBI Grade B syllabus for Phase 1 comprises subjects such as General Awareness, Reasoning, English Language and Quantitative Aptitude. RBI Grade B Phase 2 syllabus comprises topics such as Paper-I: Economic and Social Issues, Paper-II: English and Paper-III: Finance and Management. Candidates qualifying the Phase 1 exam of RBI Grade B are called for Phase 2 exam. Those who qualify the Phase 2 exam are called for psychometric test and interview. The psychometric test is qualifying in nature. The marks secured in the interview are taken into consideration for the final merit list preparation.

The average salary of a Grade B officer in the Reserve Bank of India RBI is around INR 15-20 Lacs per annum. The benefits that come with this position include medical insurance, accommodation, travel allowance, and other perks. The salary also differs as per the place of posting of candidates. RBI offers handsome salary to its Officers along with different benefits and perks. RBI Grade B salary per month is INR 55,200. The payscale is INR 55,200-2850(9)-80,850-EB-2850 (2)-86,550-3300 (4)-99,750 (16 years). After aggregating the allowances, the gross emoluments are INR 1,08,404 (approx.). Candidates get house allowance of 15 per cent of basic pay.

There are several books that can be helpful for preparing for RBI Grade B exam. Here are few suggestions: RBI Grade B Officer Exam Guide by RPH Editorial Board, RBI Grade B Officer Exam Phase-1 (Objective Type) Practice Work Book by Kiran Prakashan, Objective Economic and Social Development: General Studies Paper 1 for Civil Services Preliminary Examination and State Examinations by Odisha Experts, Indian Economy by Ramesh Singh, Quantitative Aptitude for Competitive Examinations by R. S. Aggarwal, Objective General English by S. P. Bakshi
Candidates must also refer to previous years' question papers and solve mock tests to prepare for RBI Grade B exam.