About the Exam

The Reserve Bank of India (RBI) has released a short notification for the post of Grade B officers on 25th January. The detailed notification for the same will be released on Jan 28 on the RBI's Official website. The RBI every year conducts RBI Grade B Examination in three phases i.e.

i. Prelimininary Exam

ii. Main Exam

iii. Interview

RBI Grade B 2021 Notification

Latest Update

The Official notification is out for the post of RBI Grade B 2021 with tremendous opportunity for the Graduates . This is the big opportunity fir the banking aspirants to get hired with the RBI. RBI offers handsome salary, allowances and excellent job profile to the candidates.

RBI Grade B 2021: Highlights

The registration process for the examination will commence from 28 Jan to 15 February 2021.

S.No. Activity Tentative Dates
1 Online registration including Edit/Modification of Application by candidates 28/01/2021 to 15/02/2021
2 Payment of application fee / intimation charges (online) 28/01/2021 to 15/02/2021
3 RBI Grade B Prelims Date 1 March 2021
4 RBI Grade B Mains Date 1 April 2021
5 DEPR/DSIM Paper 2, Paper 3 Exam 31 March 2021
8 Interview To be notified later
 
 

Number of Vacancies

RBI has released a total of 322 vacancies in its short notification this year. The candidates interested or waiting for the recruitment can apply for the RBI Grade B 2021 by 15th February after confirming their eligibility criteria for the vacancies. Check category-wise vacancy details here.

S. No 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
 

Eligibility Criteria for RBI Grade B 2021

I. Nationality: A candidate must be either –

(i) A Citizen of India or

(ii) A subject of Nepal or

(iii) A subject of Bhutan or

(iv) A Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or

(v) A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with intention of permanently settling in India provided that a candidate belong to categories (ii), (iii), (iv) & (v) above shall be a person in whose favor a certificate of eligibility has been issued by the Government of India.

II. Age (as on 01/01/2021)

Minimum: 21 years, Maximum – 30 years i.e., A candidate must have been born not earlier than 02.01.1991 and not later than 01.01.2000 (both the dates inclusive)

Relaxation of upper age limit


Sr.
No.
Category Age
Relaxation
(years)
1 Scheduled Caste/Scheduled Tribe 5 years 5 years
2 Other Backward Classes (Non-Creamy Layer) 3 years
3 Persons with Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016” 10 years
4 Physically Handicapped + OBC 13 years
5 Physically Handicapped + SC/ST 15 years
 

III. Minimum Educational Qualification (as on 31.01.2021):

Posts Minimum Educational Qualifications
1. Officers in Grade 'B' (DR) - (General) • The candidate must have a bachelors degree with minimum 60% Marks or equivalent (50% marks in case of SC/ST/PWD).
• Candidates must have also secured 60% Marks in 10th and 12th exams.
2. Officers in Grade 'B' (DR) - DEPR • Candidate must hold 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
• 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
• 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.
3. Officers in Grade 'B' (DR) - DSIM • Candidate must be having 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
• 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
• M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR
• 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 Pattern 2021

The online test of RBI Grade B 2021 will consists of two stages i.e. phase 1 and phase 2. The phase 2 exam will be followed by an Interview. The RBI Grade B 2021 Phase 1 will be of 200 Marks for 200 questions. The exam will have MCQs from General Awareness, English Language, Quantitative Aptitude and Reasoning. Detailed RBI Grade B exam pattern 2021 for phase I is as follows:

Online Preliminary Exam:


Serial Number Section Name No. of Questions Maximum Marks Duration
1. General Awareness 80 80 Composite time of 2 hours
2. Quantitative Aptitude 30 30
3. English Language 30 30
4. Reasoning 60 60
  Total 200 200 120 minutes

Note: There will be a negative marking for 0.25 marks for every wrong answer in the objective type questions.

Description Paper Exam Pattern:

The RBI Grade B 2021 Phase 2 consists of 300 Marks. The questions in the exam will be from Economics and Social Issues, English Writing Skills and Finance & Management. Qualified candidates in the RBI Grade B 2021 Phase 2 will be shortlisted for Interview Round.

S. No. Section Name Paper Type Maximum Marks Duration
1. Economics and Social Issues Objective 100 90 minutes
2. Paper II English (Writing Skills) Descriptive (to be typed with the help of keyboard) 100 90 minutes
3. Paper III Finance & Management Objective Type 100 90 minutes

Interview

Candidates who have been shortlisted in the Phase II Examination will subsequently be called for an interview to be conducted by the RBI. The total marks allotted for interview are 50.

Application Fees for RBI Grade B 2021


Sr. No. Category Application Fee
 1 General and OBC Rs 850/-
 2 SC/ST/ PWD Rs 700/
 

RBI Grade B Salary 2021


Pay Scale Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400.
Basic Pay INR 35,150 (Increment for 9 Years = INR 1750/-)
Basic Pay after 9 years INR 50,900 (Increment for 2 Years = INR 1750/- and INR 2000/- for following 2 years)
Maximum Basic Pay INR 62,400
Total Salary Per Annum  The candidates are entitled to the salary of 12-14 Lacs annually.
 
Apart from the Basic Pay, multiple allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc. are also provided to candidates post their joining to the post of Officer in RBI.

RBI Grade B 2021 Exam Centres

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 Syllabus: Section Wise

The preliminary exam for RBI Grade B 2021 will consists of four sections. The detailed syllabus for each section is given below. Any eligible candidate who aspires to join in RBI as a Grade B Officer is required to prepare the section syllabus thoroughly.

Online Priliminary Exams


Reasoning Quantitative Ability English Language General Awareness
Logical Reasoning Simplification Reading Comprehension Current Affairs
Alphanumeric Series Profit & Loss Cloze Test Indian Financial Systems
Ranking/Direction/Alphabet Test Mixtures & Alligations Para jumbles Indian Banking Systems
Data Sufficiency Simple Interest & Compound Interest & Surds & Indices Miscellaneous Monetary Plans
Coded Inequalities Work & Time Fill in the blanks National Institutions
Seating Arrangement Time & Distance Multiple Meaning /Error Spotting Banking Terms
Puzzle Mensuration – Cylinder, Cone, Sphere Paragraph Completion  
Tabulation Data Interpretation    
Syllogism Ratio & Proportion, Percentage    
Blood Relations Number Systems    
Input Output Sequence & Series    
Coding Decoding Permutation, Combination &Probability    
 

RBI Grade B Mains Exam Syllabus


Subject Syllabus
Economic & Social Issues Growth and Development
Economic Reforms in India
Globalization
Social Structure in India
Finance Financial System
Financial Markets
Risk Management
Basics of Derivatives
Development in Financial Sector
Union Budget
Inflation
Management
Role of Manager
Human Resource Development
Motivation, Morale and Incentives
Communication
Corporate Governance