Last updated on July 16th, 2018 at 01:29 pm
Official notification for RBI Grade B 2018 exam has been released on 3rd July 2018. Application forms for the same are available now. Click here to apply for the exam.
Reserve Bank of India (RBI) is the central banking institution of India and controls the monetary policy of the country. It regulates all the banks and provides essential financial services like inflation control, the issue of currency, storage of foreign exchange reserves etc. RBI, starting from 2015, conducts a national-level recruitment examination for selection of its grade B level officers. The RBI Grade B recruitment test comprises of three stages: Phase I, Phase II (both Online), and an interview. The test takes place every year in the month of June with notification being released in May. In 2017, close to 2 lakhs candidates took the RBI Grade ‘B’ Phase I exam.
Suggested: Read about the SBI PO Recruitment 2018.
List of Contents
- RBI Grade B: Job Profile and Salary
- RBI Grade B: Important Dates
- Number of Vacancies
- RBI Grade B Exam Date
- Medium of Examination
- Mode of Examination
- RBI Grade B Eligibility Criteria
- RBI Grade B Exam Pattern
- RBI Grade B Interview
- How to Apply?
- RBI Grade B Syllabus
- RBI Grade B Admit Card
- RBI Grade B Results
- Important Links.
RBI Grade B 2018 Salary
Upon clearing the RBI Grade B 2018 Officer Exam, a probation period of 2 years (extendable to 4 years) will have to be served. A RBI Grade B Officer has to handle responsibilities like currency issue and circulation, keeping inflation in check, managing central government accounts etc.
The salary of Grade B Officer in RBI differs with the area of posting but the basic pay is around Rs. 35, 000/- pm and the average total salary in-hand is around Rs. 65,000 to 68,000/- pm initially.
RBI Grade B 2018 Important Dates (Tentative)
|Events||Exam Dates (Tentative)|
|Release of Official Notification for RBI Grade B 2018||3rd July 2018|
|Start of RBI Grade B 2018 Online Registrations||3rd July 2018|
|End of Online Registrations||23rd July 2018|
|Issuance of Admit Card for RBI Grade B 2018 Phase I||1st week of August 2018|
|RBI Grade B 2018 Exam Date (Phase I/Paper I)||16th August 2018|
|Phase I Exam Results||3rd week of August 2018|
|Issuance of Admit Card for Phase II||last week of August 2018|
|RBI Grade B 2018 Exam Date (Phase II/Paper II & III)|
|Phase II Exam Results||4th week of Sept 2018|
|RBI Grade B 2018 Interview Date||Oct 2018|
|Declaration of Final Results||November 2018|
RBI Grade B 2018 Vacancies
The vacancies announced for various posts in the exam are as follows:
|Category||Officers in Grade ‘B’(DR)- General||Officers in Grade ‘B’(DR)- DEPR||Officers in Grade ‘B’(DR)- DSIM|
|Scheduled Castes (SC)||20||04||01|
|Scheduled Tribes (ST)||10||01||03|
|Other Backward Classes (OBC)||33||06||02|
RBI Grade B 2018 Exam Date
RBI Grade B Exam 2018 will be held for 3 posts –
- Officers in Gr B (DR) General
- Officers in Gr B (DR) DEPR
- Officers in Gr B (DR) DSIM@
The exam date for the following posts and corresponding phases or papers is as follows:
|16th August 2018.|
Medium of Examination
RBI Grade B 2018 Exam Phase I shall be conducted in both ENGLISH and HINDI. For Phase II, except English Language Paper, the other two papers shall be conducted in both ENGLISH and HINDI. The candidate can opt for either of the languages.
Mode of Examination
RBI Grade B 2018 exam (both Phase I and Phase II) will be a Computer-Based Test (CBT) and thus shall be conducted online.
RBI Grade B 2018 Eligibility
Candidate must either be a –
- Citizen of India or,
- Citizen of Nepal or subject of Bhutan or,
- Person of Indian Origin (PIO) who have migrated from Myanmar, Sri Lanka, Pakistan or East African countries and intend to permanently settle in India.
Candidate must have completed his/her graduation with 60%(50% in case of SC/ST/PWD candidates) or more marks from a recognized college or university.
He/she must have secured 60% (50% for SC/ST/PWD) or more marks in 10th and 12th standard examinations too.
RBI Grade B 2018 Age Limit
- The candidate must be in the age range 21-30 years.
- For candidates pursuing M.Phil. and Ph.D., upper age limit is 32 and 34 years respectively.
- Upper age limit is relaxed for candidates with experience in commercial banks or financial institutions. The relaxation is equal to the number of years of experience subject to a maximum of 3 years. But even for them, upper age limit is 33 years.
- Age relaxations will be provided as per post availability for reserved categories. Last year following relaxations were provided:
|Ex-employees of banking institutions||5 years|
|Citizens of Jammu & Kashmir between 1st January 1980 to the 31st day of December 1989||5 years|
|Defense Service Personnel disabled on duty||3 years|
Number of Attempts
The number of attempts is 6 for General candidates. There is no cap on the number of attempts for SC/ST/OBC/PWD candidates.
RBI Grade B 2018 Exam Pattern
RBI Grade B 2018 exam will be conducted in two phases – Phase I and Phase II. The exam is followed by an interview. The mode of the exam, both Phase I and Phase II, shall be online.
In Phase I, the questions shall be objective in nature (MCQs). There shall be 200 questions of 1 mark each. A negative marking of 0.25 mark for each incorrect answer is the rule. The exam duration shall be 2 hours. Candidates have to secure both sectional and overall minimum qualifying marks.
The Phase I paper shall comprise of the following sections:
|Section||Number of Questions||Marks|
Those who will clear Phase I of RBI Grade B 2018 can appear for Phase II. In Phase II, both objective and subjective questions shall be present.
The Phase II examination of RBI Grade B 2018 exam shall comprise of 3 Papers. Each of these paper will be 1.5 hours long with 100 marks weight for each.
Paper III of Phase II shall have 3 optional subjects out of which candidate has to choose one.
|Papers||Type of Paper||Time Allotted (min)||Marks|
|Economic and Social Issues||Objective||90||100|
|Finance and Management/Economics|
|Phase I||Phase II|
|Type of questions||Objective||Objective and Subjective|
|Total no. of questions||200||N/A|
|Duration||2 hours||1.5 hours X 3|
|Negative marking||0.25 marks||N/A|
RBI Grade B 2018 Interview
Candidates shall be called for interview based on the marks received in Phase II of written exam. Total marks for the interview would be 50 marks. Candidates can opt for either English or Hindi for the interview.
How to Apply for RBI Grade B 2018 Exam?
Application portal for RBI Grade B 2018 examination is open now.
The last date to apply for the exam is 23rd July 2018.
The link to application portal is as follows:
RBI Grade B 2018 Fee
The application fee for RBI Grade B exam 2018 would be Rs. 850 for General/OBC candidates, Rs. 100 for SC/ST/PWD/Ex-Service candidates and no fee for the staff of RBI.
Application fee can be paid through Online mode i.e. Netbanking/Credit Card/Debit Card.
Photograph and Signature Specifications
- Photograph – JPEG format; Dimensions: 200 x 230; Size: 20-50 KB.
- Signature – JPEG format; Dimensions: 140 x 60; Size: 10-20KB.
- To register, the candidate has to enter basic details like name, email ID, date of birth, contact number etc. After registration is completed, a provisional registration number and password are generated for future use.
- The candidate then needs to upload the photograph and signature as per the specifications mentioned earlier.
- The candidate then has to fill up educational information and other details as they appear on the form.
- The candidate then has to submit the application form after verifying all the details.
- In the last stage, the candidate has to pay the application fee as per the mode mentioned earlier.
RBI Grade B 2018 Syllabus
The RBI Grade B 2018 Exam will test the candidate on everything from English to Quantitative Aptitude and General Awareness. For Finance and Management paper, knowledge of financial markets, financial systems etc. shall be tested. The English language paper shall test the writing skills of the candidates. In Economic and Social Issues paper, topics like growth and development, economic reforms etc. shall be covered.
Aspirants can go through the RBI Grade B exam Syllabus in detail.
RBI Grade B 2018 Admit Card
The admit cards for Phase I will be issued in the 1st week of June 2018 (tentatively) and those for Phase II will be issued in the 4th week of June 2018 (tentatively).
Candidates need to carry a photo identity proof along with the admit card on the day of the examination. The admit card is mandatory for appearing in the examination and strictly not transferable.
RBI Grade B 2018 Results
Three results would be announced for RBI Grade B examinations – Phase I, Phase II and Final. The final results for RBI Grade B 2018 will tentatively be announced in November 2018.
The final results will take into account the marks scored in both Phase II written exam and the interview.
|RBI Official Website||http://www.rbi.org.in/|
|RBI Grade B 2018 Exam Official Notification||https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3503|
|RBI Grade B 2018 Application|
|RBI Grade B 2018 Admit Card Download||N/A|
|RBI Grade B 2018 Score Card Download||N/A|
|RBI Grade B 2018 Merit List||N/A|
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