RBI Grade B Recruitment 2021: Official Notification Out for 322 Vacancy
RBI Grade B 2021 Recruitment: Every year Reserve Bank of India (RBI) conducts RBI Grade B Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As Reserve Bank of India offers an excellent pay scale and reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancy to be filled through RBI Grade B Exam, it is really important to prepare effectively for this exam. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview.
RBI Grade B 2021 Notification
Reserve Bank of India (RBI) has released the official notification for the post of RBI Grade B Officer Exam on the employment news to recruit 322 posts of Officers. It will be an excellent opportunity for the graduates who are looking for an opportunity in Reserve Bank of India (RBI). RBI Grade B 2021 exam has a three phase selection process. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process.
| RBI Grade-B 2021: Important Dates |
| Release of RBI Grade B Notification |
28th January 2021 |
| Online Application Form Starts |
28th January 2021-15th February 2021 |
| Online Payment of Application Fees / Intimation Charges till |
28th January 2021 |
RBI Grade B 2021 Exam Dates
The exam dates for RBI Grade-B Officer exam has been released along with its Official Notification. The exam dates for
RBI Grade B 2021 Officer Exam are as follows:
| RBI Grade-B Exam Dates 2021 |
| RBI Grade-B Events |
Date |
| Officers in Gr B (DR)- General |
Phase-I – Online Examination |
March 6, 2021 |
| Phase-II – Paper I, II & III Online Examination |
April 1, 2021 |
| Officers in Gr B (DR) – DEPR |
Phase I – Paper – I – Online Examination |
March 6, 2021 |
| Phase II – Paper – II & III Online/Written Examination |
March 31, 2021 (To be confirmed in Admit Cards) |
| Officers in Gr B (DR)- DSIM |
Phase I – Paper – I – Online Examination |
March 6, 2021 |
| Phase II – Paper – II & III Online/Written Examination |
March 31, 2021 (To be confirmed in Admit Cards) |
| Interview Process |
To be notified later |
| Declaration of final result |
To be notified later |
RBI Grade B 2021 Online Application
The online application for RBI Grade B 2021 has started on 28th January 2021 and the closing date for the same is 15th February 2021.
RBI Grade B Vacancy 2021
Reserve Bank of India (RBI) has announced the total number of vacancies for RBI Grade B 2021 exam along with its Official Notification. This year, RBI introduced
322 vacancies. Last year, the total number of vacancies was 199. Let’s have a look at the vacancy for RBI Grade B 2020 Exam.
| Serial Number |
Posts |
Vacancy |
| 1. |
Officers in Grade ‘B’(DR)- General |
270 |
| 2. |
Officers in Grade ‘B’(DR)- DEPR |
29 |
| 3. |
Officers in Grade ‘B’(DR)- DSIM |
23 |
|
Total |
322 |
RBI Grade B Salary 2021
All the Officers selected through
RBI Grade B 2021 Exam will be given the annual salary of
12-14 Lac. Along with this CTC comes numerous emoluments and perks. The Pay Scale for the RBI grade B Officer is
Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. This means that you will be having basic pay of Rs. 35,150/- in which you will get an increment of Rs. 1,750/- up till nine years of your service. After the completion of nine years you will get into the executive band wherein the basic pay will be of Rs. 50,900/- and then again for the next two years you will get an increment of Rs. 1,750/- and further an increment of rs. 2000/- for the following 2 years thus ending up with the basic pay of Rs. 62,400/- and this is when you don’t get any promotion.
Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.
RBI Grade B 2021 Application Fees
A total of Rs.
850/- is the application fee to be paid by candidates belonging to
General and OBC category for RBI Grade B 2021 exam. The same amount is reduced to Rs. 100/- for candidates belonging to
SC/ST/PWD category.
RBI Grade B 2021 Exam Pattern
RBI Grade B 2021 Exam is conducted in three phases:
- Phase-I exam
- phase-II exam and
- interview process
Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.
RBI Grade B Exam Pattern for Prelims Exam
The prelims exam of RBI Grade-B Officer 2021 comprise a single Paper for 200 marks and will be conducted online on March 6, 2021. A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.
| Serial Number |
Section Asked |
No. of Questions |
Maximum Marks |
Duration |
| 1. |
General Awareness |
200 |
200 |
Composite time of 2 hours |
| 2. |
Quantitative Aptitude |
| 3. |
English Language |
| 4. |
Reasoning |
RBI Grade B Exam Pattern for Mains Exam
| S So |
Sections / Subjects |
Paper Type |
Maximum Marks |
Duration (minutes) |
| 1. |
Paper I: Economics and Social Issues |
50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) |
50
50Total-100 |
30
90Total-120 |
| 2. |
Paper II: English (Writing Skills) |
Descriptive (3 questions) |
100 |
90 minutes |
| 3. |
Paper III: Finance and Management |
50% Objective Type and 50% Descriptive |
50
50Total-100 |
30
90Total-120 |
RBI Grade B Officer Interview Process
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.
RBI Grade B 2021 Exam Syllabus
The syllabus of RBI Grade B 2021 prelims exam is just like the other Bank Exams. The major sections from which the questions are asked are:
- Reasoning
- Quantitative Aptitude
- General Awareness and
- English Language
| English |
Quantitative Aptitude |
Reasoning |
General Awareness |
| Grammar |
Mensuration |
Puzzles |
Banking & Financial Awareness |
| Vocabulary |
Time and Work |
Seating Arrangement |
Monetary Policies |
| Error Spotting |
Average, Ratio, Percentages |
Directions and Distance |
Economic Terms |
| Comprehension |
Speed, Distance and Time |
Data Sufficiency |
Current Affairs |
| Passage Making |
Mixture and Allegations |
Blood Relations |
Financial & Economics News |
| Jumble Words |
Permutation and Combination |
Syllogism |
Static GK |
| Fill in the Blanks |
Data Interpretation |
Coding Decoding |
Government Schemes, Agreement & Deals |
| Sentence Framing |
Probability |
Inequality |
Banking terms, rates, processes |
Apart from the above-mentioned three sections in Mains Exam, an additional section of English (Written Skills) is also present through which a candidate is tested on his/her writing skills.
RBI Grade B 2021 Eligibility Criteria
Candidates are required to follow the given criteria to be eligible for RBI Grade B 2021 Exam:
RBI Grade B Citizenship & Nationality
- • Must be a citizen of India
- • Must be a subject of Nepal
- • Must be a subject of Bhutan
- • Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India.
- • A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
RBI Grade B Age Limit (As on 1st of January 2021): RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2021. Candidates must have been born not earlier than 2nd January 1991 and not later than 1st January 2000. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.
RBI Grade B Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
| Category |
Age relaxation |
| SC/ST |
5 years |
| OBC |
3 years |
| Physically Handicapped |
10 years |
| PH + OBC |
13 years |
| PH + SC/ST |
15 years |
RBI Grade-B Educational Qualification:
| Posts |
Minimum Educational Qualifications |
| 1. Officers in Grade ‘B’ (DR) – (General) |
• Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note:
• Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.
• Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.
OR
• Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination. |
| 2. Officers in Grade ‘B’ (DR) – DEPR |
• Essential: a. A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.
OR
b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.
OR
c. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute
d. (i) Candidates having Master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. |
| 3. Officers in Grade ‘B’ (DR) – DSIM |
Essential:
a. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years.
OR
b. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute.
OR
c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years.
OR
d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. |
RBI Grade B Exam Centers
RBI Grade B Exam Centers for Phase-I Exam
| States /UTs |
RBI Grade B Exam Centers for Prelims |
| Andaman & Nicobar |
Port Blair |
| Andhra Pradesh & Telangana |
Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram |
| Arunachal Pradesh |
Itanagar, Naharlagun city |
| Assam |
Dibrugarh, Guwahati, Jorhat, Silchar |
| Bihar |
Bhagalpur, Muzaffarpur, Patna |
| Chandigarh |
Chandigarh |
| Chattisgarh |
Raipur, Bhilai |
| Daman & Diu |
Jamnagar |
| Goa |
Varna |
| Gujarat |
Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara |
| Haryana |
Hissar, Karnal, Rohtak |
| Himachal Pradesh |
Dharamsala, Shimla |
| Jammu & Kashmir |
Jammu |
| Jharkhand |
Bokaro, Dhanbad, Jamshedpur, Ranchi |
| Karnataka |
Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi |
| Kerala |
Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil |
| Lakshadweep |
Kavaratti |
| Madhya Pradesh |
Bhopal, Gwalior, Indore, Jabalpur |
| Maharashtra |
Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur |
| Manipur |
Imphal |
| Meghalaya |
Shillong |
| Mizoram |
Aizawl |
| Nagaland |
Kohima |
| New Delhi |
Delhi –NCR |
| Orissa |
Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur |
| Puducherry |
Cuddalore, Villupuram |
| Punjab |
Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala |
| Rajasthan |
Ajmer, Jaipur, Jodhpur, Kota, Udaipur |
| Sikkim |
Gangtok, Bardang City |
| Tamilnadu |
Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin |
| Tripura |
Agartala |
| Uttar Pradesh |
Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi |
| Uttarakhand |
Dehradun, Haldwani, Nainital, Roorkee City |
| West Bengal |
Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri |
RBI Grade B Exam Centers for Phase-II Exam
| Name of the Examination Cities |
| Ahmedabad |
Jammu |
| Bengaluru |
Kanpur |
| Bhopal |
Kochi |
| Bhubaneswar |
Lucknow |
| Kolkata |
Mumbai |
| Chandigarh |
Nagpur |
| Chennai |
New Delhi |
| Guwahati |
Patna |
| Hyderabad |
Pune |
| Jaipur |
Thiruvananthapuram |
RBI Grade B 2021 Admit Card
The RBI Grade B Admit Card 2021 will be released separately for both Phase-I and Phase-II exam. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.
RBI Grade B 2021 Exam Results
The results for RBI Grade B 2021 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify both Phase-I and Phase-II exam to get a chance to sit for the interview process. The merit list is prepared in the descending order of the marks obtained by candidates after the interview process is complete. The final selection is based on how well you do in your interview.
RBI Grade B Exam Cut Off
The cut off for RBI Grade B 2021 Exam will be released after each phase of examination is completed. The cut-off for the Phase-I exam will be released first followed by cut off for Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI.
RBI Grade B 2021 Exam Preparation
To score high in RBI Grade B 2021 Exam, it is really necessary for each and every candidate to look into the latest exam pattern and the change in the syllabus so that preparation can be done accordingly. Candidates have the option to opt for Offline Coaching Program offered by Career Power to enhance their skills. They can also solve Mock Test Papers to self-analyse themselves and prepare judiciously for this upcoming exam
