Are you considering a career in banking? If so, you might be interested in the upcoming RBI Grade B Recruitment 2024. The Reserve Bank of India is one of the most prestigious institutions in the country, and working as a Grade B officer is a highly sought-after position. In this article, we’ll cover all the essential details you need to know about the RBI Grade B recruitment process in 2024.
The Reserve Bank of India is responsible for regulating the monetary policy of the country and maintaining the stability of the financial system. As a Grade B officer, you will be an integral part of this process. RBI Grade B recruitment is conducted annually to fill various vacancies in the organization.
RBI Grade B Recruitment 2024
The RBI Grade B recruitment 2024 is a great opportunity for candidates who want to pursue a career in banking. The selection process is rigorous, but the rewards are well worth it. We hope this article has provided you with all the essential details you need to know about the RBI Grade B recruitment process.
If you have any further queries or need more information, please feel free to visit the official website of the Reserve Bank of India.
RBI Grade B Recruitment 2024 Eligibility Criteria
To be eligible for the RBI Grade B recruitment process, you must fulfill the following criteria:
Educational Qualifications
- A minimum of 60% marks in Bachelor’s degree as well as in 12th and 10th standard examinations.
- The Bachelor’s degree should be in any discipline from a recognized university.
Age Limit
- You must be between 21 and 30 years of age.
- Age relaxation is provided to candidates belonging to certain categories such as SC/ST/OBC/PwD/Ex-Servicemen.
Nationality
- You must be a citizen of India or a subject of Nepal/Bhutan.
- Candidates of Indian origin who have migrated from Myanmar, Sri Lanka, Pakistan, East African countries of Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of settling permanently in India can also apply.
RBI Grade B Recruitment 2024 Apply Online
The application process for the RBI Grade B Recruitment 2024 is entirely online. Here are the steps to apply:
- Visit the official website of RBI (www.rbi.org.in).
- Click on the “Opportunities@RBI” section and then click on the “Current Vacancies” link.
- Look for the “RBI Grade B Recruitment 2024” notification and click on the “Apply Online” link.
- Fill in the required details in the application form, including personal information, educational qualifications, work experience, and more.
- Upload scanned copies of your photograph and signature in the specified format and size.
- Pay the application fee using a debit card, credit card, or net banking.
- Click on the “Submit” button to complete the application process.
RBI Grade B Recruitment 2024 Selection Process
The RBI Grade B selection process consists of three phases:
Phase I: Preliminary Exam
The preliminary exam is an objective-type test that consists of four sections:
- General Awareness
- English Language
- Quantitative Aptitude
- Reasoning
Phase II: Mains Exam
The mains exam is also an objective-type test that consists of three papers:
- Paper I: Economic and Social Issues
- Paper II: English (Writing Skills)
- Paper III: Finance and Management
Phase III: Interview
The final round of the selection process is the interview. Candidates who clear the mains exam are called for the interview. The interview is conducted to assess the candidate’s knowledge, skills, and personality.
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RBI Grade B Exam Pattern
Phase I: Preliminary Exam
The preliminary exam is a two-hour test that consists of 200 multiple-choice questions. Each question carries one mark, and there is a penalty of 0.25 marks for every incorrect answer.
Phase II: Mains Exam
The mains exam is a descriptive test that consists of three papers. Paper I and Paper III are of 3 hours duration, while Paper II is of 1.5 hours duration.
RBI Grade B Syllabus
Phase I: Preliminary Exam
The syllabus for the preliminary exam includes:
- General Awareness: Banking and economic terms, current affairs, national and international events, static GK, etc.
- English Language: Vocabulary, grammar, comprehension, etc.
- Quantitative Aptitude: Simplification, number system, data interpretation, etc.
- Reasoning: Logical reasoning, puzzle-solving, coding-decoding, etc.
Phase II: Mains Exam
The syllabus for the mains exam includes:
- Paper I: Economic and Social Issues: Growth and development, poverty, inflation, fiscal and monetary policy, sustainable development, etc.
- Paper II: English (Writing Skills): Essay writing, comprehension, précis writing, report writing, etc.
- Paper III: Finance and Management: Financial system, financial markets, risk management, corporate governance, human resource development, etc.
RBI Grade B Salary and Benefits
The starting basic pay for an RBI Grade B officer is Rs. 35,150 per month, with a grade pay of Rs. 17,100. In addition to this, the officer is entitled to various allowances such as:
- Dearness Allowance
- House Rent Allowance
- Medical Allowance
- Leave Travel Allowance
FAQs
The age limit is 21-30 years.
Yes, age relaxation is provided to candidates belonging to certain categories such as SC/ST/OBC/PwD/Ex-Servicemen.
The selection process consists of three phases: Preliminary Exam, Mains Exam, and Interview.
The starting basic pay is Rs. 35,150 per month, with a grade pay of Rs. 17,100.
The application fee for the general category is Rs. 850, while for SC/ST/PwD candidates, it is Rs. 100.
Hey, I am Ziya Noor an engineer by profession and a Blogger by Passion, and the Founder of CurajRecruitment.in. Curaj Recruitment is a Jobs News Portal provides Latest Jobs News Both Government & Private Jobs.