RBI Grade B Notification 2023 Out: Apply By 9th June 2023

EVENTS

DATES

Release of RBI Grade B Notification

9th May 2023 

Application Form Starts

9th May 2023 

Online Payment of Application Fees / Intimation Charges 

9th June 2023 (6 pm)

Phase-I Exam Date

9th July 2023 & 16th July 2023 

Phase-I Result

To be notified

Phase I Cut off

To be notified

Phase II Call letter

To be notified

Phase-II Exam Date

30th July 2023, 2nd September 2023 & 19th August 2023 

Minimum age limit: 21 years
Maximum age limit: 30 years

For candidates possessing M.Phil. and Ph.D. qualifications, the upper age limit will be 32 and 34 years respectively.

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 POST

EDUCATIONAL QUALIFICATIONS

Officers in Grade ‘B’ (DR) – (General)

Candidate must have obtained a graduation degree in any discipline or an equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PWD applicants). Alternatively, a post-graduation degree or equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PWD applicants) in aggregate of all semesters/years is also acceptable.

Officers in Grade ‘B’ (DR) - (DEPR)

A candidate must have one of the following qualifications:

a. A Master's degree in Economics, Econometrics, Quantitative Economics, Mathematical Economics, Integrated Economics Course, or Finance, from a recognized Indian or foreign university/institute, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years.

b. A PGDM/MBA in Finance from a recognized Indian or foreign university/institute, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years.

c. A Master's degree in Economics with a specialization in any subcategory of economics such as agricultural, business, developmental, applied, etc., from a recognized Indian or foreign university/institute, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years.

Officers in Grade 'B' (DR) – DSIM

A candidate must have one of the following qualifications:

a. A Master's degree in Statistics, Mathematical Statistics, Mathematical Economics, Econometrics, or Statistics & Informatics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years.

b. A Master's degree in Mathematics, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years, and a one-year post-graduate diploma in Statistics or a related subject from an institute of repute.

c. An M. Stat. degree from the Indian Statistical Institute, with a minimum of 55% marks in aggregate of all semesters/years.

d. A Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years.

General Candidates.                           :  6 Attempts

SC/ ST/ OBC/ PWD Candidates        :  No bar on number of attempts

CATEGORY

APPLICATION FEES

SC/ST/PWD

Rs. 100

Gen/OBC/EWS

Rs. 850

Staff of RBI

NIL

Subjects

Number of Questions

Maximum Marks

Duration

General Awareness

80

80

120 minutes

Quantitative Aptitude

30

30

English Language

30

30

Reasoning

60

60

Total

200

200

Paper

Format

Duration

Marks

Paper-I

Economic & Social Issues

Objective

30 Minutes

50

Descriptive

90 Minutes

50

Paper-II

English (Writing Skills)

3 Questions

Descriptive

90 Minutes

100

Paper-III

Finance and Management

Objective

30 Minutes

50

Descriptive

90 Minutes

50

Subject 

Topic

Phase 1 

English

Grammar Vocabulary, Error Spotting, Comprehension, Passage Making, Jumble words, Fill in the blanks, Sentence Framing.

Reasoning

Puzzles, Seating Arrangement, Directions and Distance, Data Sufficiency, Blood     Relations, Syllogism, Coding-Decoding, Inequality

Quantitative Aptitude

Mensuration, Time and Work, Average, Ratio, Percentages, Speed, Distance and Time, Mixture and Allegations, Permutation and Combination, Data Interpretation, Probability

General Awareness 

Banking & Financial Awareness, Monetary Policies, Economic Terms, Current Affairs, Financial & Economics News, Static GK, Government Schemes, Agreement & Deals, Banking terms, rates, processes

Phase 2

Paper-I: Economic and Social Sciences 

• Growth and Development, Measurement of growth: National Income and per capita income, Sustainable Development and Environmental issues, Poverty Alleviation and Employment Generation in India, Economic Reforms in India Industrial and Labour Policy, Monetary and Fiscal Policy, IMF and World Bank, WTO, Regional Economic Cooperation, Social Structure in India, Demographic Trends, Urbanization and Migration, Gender Issues, Multiculturalism, Privatization, Role of Economic Planning, Globalization, Balance of Payments, Export-Import Policy, Opening up of the Indian Economy, International Economic Institutions

• Social Justice: Positive Discrimination in favour of the underprivileged, Social Sectors in India, Social Movements, Indian Political System, Human Development, Health, and Education.

Paper-II: English (Writing Skills)

This paper assesses the writing skill that includes the capability of expressing and understanding the topic

Paper-III: Finance and Management: 

• Finance: Financial System, Regulators of Banks and Financial Institutions, Banking System in India Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc, Financial Markets Primary and Secondary Markets Risk Management in Banking Sector Reserve Bank of India- functions, and conduct monetary policy

• Basics of Derivatives: Forward, Futures, and Swap, Changing Landscape of Banking sector,  Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Role of e-governance in addressing the issues of corruption and inefficiency in the government sector

• The Union Budget: Direct and Indirect taxes, non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM), Disinvestments, Financial Inclusion- use of technology, Alternate source of finance, Private and social cost-benefit, Public-Private Partnership Corporate Governance in Banking Sector

• Inflation: Definition, Trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends.

• Management: its nature and scope: The Management Processes; Planning, Organisation, Staffing, Directing, and Controlling, The Role of a Manager in an Organisation Leadership: The Tasks of a Leader; Leadership Styles, Goals of HRD, Performance Appraisal, Potential appraisal, Leadership Theories, A successful Leader versus an effective Leader, Human Resource Development, Concept of HRD and development, Feedback and Performance Counselling, Career Planning, Training and Development, Rewards, Employee Welfare.

• Motivation, Morale, and Incentives: Theories of Motivation, How Managers Motivate, Concept of Morale, Factors determining morale, Role of Incentives in Building up Morale.

• Communication: Steps in the Communication Process, Communication Channels, Oral versus Written Communication, Barriers to Communication, Role of Information Technology, Verbal versus non-verbal Communication, upward, downward and lateral communication.

• Corporate Governance: Mechanisms of Corporate Governance, Factors affecting Corporate Governance

S. No.

POST NAMES

VACANCIES

1

Officers in Grade ‘B’(DR)- General-PY

222

2

Officers in Grade ‘B’(DR)- DEPR*-PY

38

3

Officers in Grade ‘B’(DR)- DSIM-PY

31

TOTAL

291

States /UTs

RBI grade b exam centres for prelims

Andaman & Nicobar

Port Blair

Andhra Pradesh & Telangana

Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, 

Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, 

Chittoor, Vijayawada , Kanchikacherla, Gudlavalleru, Eluru, 

Visakhapatnam, 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, Tiruchirapalli, 

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

Ahmedabad

Jammu

Bengaluru

Kanpur

Bhopal

Kochi

Bhubaneswar

Lucknow

Kolkata

Mumbai

Chandigarh

New Delhi

Chennai 

Nagpur

Guwahati

Thiruvananthapuram

Hyderabad

Pune

Jaipur

Patna