RBI Grade B Recruitment 2024
The Reserve Bank of India (RBI) has released the official notification for the RBI Grade B Recruitment 2024. This recruitment drive aims to fill 94 vacancies for Grade B Officers. This article provides a comprehensive overview of the RBI Grade B Recruitment 2024, including important dates, eligibility criteria, application process, selection process, salary, job profile, and more.
RBI Grade B Latest Update 2024
RBI Grade B Latest Update: As of the latest update, the application process for RBI Grade B 2024 has begun on July 25, 2024, and will continue till August 16, 2024. The RBI Grade B 2024 notification has been released, and a total of 94 vacancies have been announced by the RBI. The Phase 1 exam will be held on September 8, 2024, while the Phase 2 exam will commence on October 19, 2024.
RBI Grade B Notification 2024
The official notification for the RBI Grade B Recruitment 2024 has been released on the RBI’s official website. The notification provides detailed information about the recruitment process, including the number of vacancies, eligibility criteria, important dates, and selection process.
RBI Grade B Recruitment 2024 Key Information
| RBI Grade B 2024 Key Highlights | |
|---|---|
| Organisation Name | Reserve Bank of India (RBI) |
| Exam Name | RBI Grade B 2024 |
| Post | Grade B (DR) for General, DEPR, DSIM Streams |
| No. of Vacancies | 94 |
| Exam Types | Online Examination |
| Application Fees |
|
| Selection Process | Phase 1: Prelims Phase 2: Mains Phase 3: Interview |
| Job Location | All Over India |
| Category | Government Job |
| RBI Website | www.rbi.org.in |
RBI Grade B Vacancies 2024
A total of 94 vacancies have been announced for the RBI Grade B Recruitment 2024. Out of these, 66 vacancies are for Officers in Grade ‘B’ (DR- General), 21 for Officers in Grade ‘B’ (DR)- DEPR, and 7 for Officers in Grade ‘B’ (DR)- DSIM department. The category-wise vacancy distribution is as follows:
| Post | Unreserved | SC | ST | OBC | EWS | Total |
|---|---|---|---|---|---|---|
| Officers in Grade ‘B’(DR)- General | 27 | 10 | 4 | 19 | 6 | 66 |
| Officers in Grade ‘B’ (DR)- DEPR | 8 | 1 | 6 (3) | 5 | 1 | 21 |
| Officers in Grade ‘B’(DR)- DSIM | 2 | 1 (1) | 4 (4) | – | – | 7 |
| Total No. of Vacancies | 37 | 12 | 14 | 24 | 7 | 94 |
RBI Grade B Eligibility Criteria 2024
Before applying for the RBI Grade B Recruitment 2024, candidates must ensure they meet the eligibility criteria set by the RBI. The eligibility criteria include nationality, age limit, and educational qualifications. Here are the details:
Nationality
Candidates must be either:
- A citizen of India, or
- A subject of Nepal or Bhutan, or
- A Tibetan refugee who arrived in India before January 1, 1962, with the intention of permanently settling in India, or
- A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam with the intention of permanently settling in India.
Age Limit
- Minimum Age: 21 years
- Maximum Age: 30 years (as on 1st July 2024)
Educational Qualifications
The educational qualifications vary depending on the post applied for:
1. For Officers in Grade ‘B’ (DR- General):
- Candidates must have completed their graduation in any discipline/equivalent technical or professional qualification with a minimum of 60% marks for General Category and 50% marks for SC/ST/PwBD applicants.
- Alternatively, candidates must have completed their post-graduation/equivalent technical qualification with a minimum of 55% marks for General Category and pass marks for SC/ST/PwBD applicants.
2. For Officers in Grade ‘B’ (DR- DEPR):
- Candidates must have completed their Master’s Degree in Economics/Econometrics/Quantitative Economics/Mathematical Economics/Integrated Economics Course/Finance with a minimum of 55% marks.
3. For Officers in Grade ‘B’ (DR- DSIM):
- Candidates must have completed their Master’s Degree in Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks.
RBI Grade B Application Form 2024
Interested applicants after carefully reading the notification, if wish to apply for the posts, can click on the direct link shared below. Applicants are advised to keep their documents ready such as scanned photographs & signature, handwritten declaration, marksheets etc. to successfully fill the application form. The Last date to fill the application form is 16th August 2024.
RBI Grade B Recruitment 2024 Application Process
The application process for the RBI Grade B Recruitment 2024 is conducted online, and interested candidates must submit their applications before the specified deadline. Follow these steps to apply for the RBI Grade B Recruitment 2024:
Step 1: Visit the RBI’s official website: www.rbi.org.in.
Step 2: Click on the “Current Vacancies” section.
Step 3: Find the RBI Grade B Notification 2024 titled with “Direct Recruitment for the post of Officers in Grade ‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) Cadres – Panel Year 2024” and click on the link to read the detailed advertisement.
Step 4: If you are a new user, click on the “New Registration” link and complete the registration process.
Step 5: Log in using your registration number and password.
Step 6: Fill in the application form with the required personal and educational details.
Step 7: Upload the scanned copies of your photograph, signature, left thumb impression, and handwritten declaration as per the prescribed format.
Step 8: Pay the application fee through the online payment mode.
Step 9: Review the filled application form and make any necessary corrections.
Step 10: Finally, submit the application form and take a printout for future reference.
RBI Grade B Recruitment 2024 Important Dates
Candidates applying for the RBI Grade B Recruitment 2024 must be aware of the important dates related to the application form, exam dates, and other events. Here is the schedule:
| Event | Date |
|---|---|
| RBI Grade B Notification 2024 | 25th July 2024 |
| RBI Grade B Online Registration Starts | 25th July 2024 |
| Last Date to Apply & Pay Application Fee | 16th August 2024 (6 pm) |
| RBI Grade B Phase 1 Exam (DR)- General | 8th September 2024 |
| RBI Grade B Phase 1 Exam (DR)- DEPR & DSIM | 14th September 2024 |
| RBI Grade B Phase 2 Exam (DR)- General | 19th October 2024 |
| RBI Grade B Phase 2 Exam (DR)- DEPR & DSIM | 26th October 2024 |
| RBI Grade B Interview 2024 | December 2024 |
RBI Grade B Recruitment 2024 Selection Process
The selection process for the RBI Grade B Recruitment 2024 consists of three stages: Phase 1, Phase 2, and Interview. Candidates need to clear all three stages to be selected for the Grade B Officer position. Here is an overview of the selection process:
- Phase 1: Online Examination
- Duration: 120 minutes
- Subjects: General Awareness, Quantitative Aptitude, English Language, and Reasoning
- Number of Questions: 200
- Maximum Marks: 200
- Negative Marking: 1/4th mark deducted for each wrong answer
- Phase 2: Online Examination
- Descriptive Test: English (Writing Skills)
- Objective Test: Economic and Social Issues, English Language, and Finance and Management
- Duration: 270 minutes
- Maximum Marks: 300
- Interview
- Conducted for candidates who have cleared Phase 2
- Weightage: 75 Marks
- Final Selection
- The final selection is based on the candidate’s performance in Phase 2 and the Interview.
RBI Grade B Recruitment 2024 Exam Pattern and Syllabus
The RBI Grade B Exam Pattern and Syllabus vary for both Phase 1 and Phase 2. Here is a brief overview of the exam pattern for each phase:
Phase 1 Exam Pattern
- Subjects: General Awareness, Quantitative Aptitude, English Language, and Reasoning
- Duration: 120 minutes
- Number of Questions: 200
- Maximum Marks: 200
- Negative Marking: 1/4th mark deducted for each wrong answer
- Please refer to the official notification for detailed syllabus and topic-wise weightage.
Phase 2 Exam Pattern
- Descriptive Test: English (Writing Skills)
- Objective Test: Economic and Social Issues, English Language, and Finance and Management
- Duration: 270 minutes
- Maximum Marks: 300
- Please refer to the official notification for detailed syllabus and topic-wise weightage.
RBI Grade B Officer 2024 Salary and Perks
After successfully qualifying all stages of the selection process, selected candidates for the RBI Grade B Officer post receive an attractive salary package. The starting basic pay is Rs. 55,200 per month, with various allowances and benefits. Here are some key details about the RBI Grade B Officer Salary and Perks 6 13:
- Basic Pay: Rs. 55,200 per month
- Grade Allowances: Rs. 11,500 per month
- Dearness Allowances: 43% of the basic salary
- Special Allowances: Rs. 9,750 per month
- House Rent Allowance (HRA)
- Conveyance Allowance
- Medical Facilities
- Professional Development Allowance
- Loan Facilities at concessional rates
- Pension and Gratuity benefits
RBI Grade B Officer Job Profile and Career Growth
RBI Grade B Officers hold important positions in the RBI and handle various responsibilities. Their main roles include conducting audits, balancing the economy, supervising banks, and formulating monetary policies. They also play a crucial role in the smooth circulation of currencies and improving the functioning of public and private sector banks.
RBI Grade B Officers have excellent career growth opportunities. They can progress through various positions like Assistant Manager, Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Principal Chief General Manager, Executive Director, Deputy Governor, and Governor.
RBI Grade B Recruitment 2024 frequently asked questions
Ans: The latest update is that RBI Grade B notification 2024 has been released on 25th July 2024 at official website rbi.org.in for 94 vacancies.
Ans: The important dates includes the dates for application process to apply online for RBI Grade B 2024 which has commenced on 25th July 2024 and will continue until 16th August 2024.
Ans: The selection process for RBI Grade B Recruitment 2024 consists of three phases: Preliminary Exam, Mains Exam, and Interview.
Ans: The eligibility criteria includes Age Limit, Educational Qualification and Nationality. To be eligible for RBI Grade B Recruitment 2024, you must be between 21 and 30 years of age. Age relaxations are applicable for candidates from reserved categories. In terms of educational qualification, you need to have a bachelor’s degree or a postgraduate degree from a recognized institution, depending on the specific post you are applying for.