RBI Recruitment 2021 Notification Out For Officers in Grade B

RBI Grade B Recruitment 2021 – 322 Posts Eligibility, Salary, Admit Card, Exam Date, and Full Notification – Reserve Bank of India(RBI) Invites Applications From Candidates are qualified for RBI Grade B Officer Posts. Interested Candidates Check Complete Details of RBI Grade B Recruitment 2021 Number of Vacancies Posts, Eligibility, Education Qualification, Age Limit, Application Fee, Selection Process Below this page. For More Information To Read RBI Grade B Officer Vacancies Full Notification PDF. Eligible Candidates can Registration Online Application Form Before The Last Date.

Have a look at the newspaper notification below:

RBI – Reserve Bank of India was established in the year 1935 by the Indian government; now RBI was permanently moved to Mumbai before that RBI was located at Calcutta. RBI has 27 regional offices and four sub-office most of them, are in state capitals. The primary function of RBI is Regulator and supervisor of the financial system, Monetary Authority, Issuer of currency, Manager of Foreign Exchange, Regulator and Supervisor of Payment and Settlement Systems and related functions.

RBI Grade B Recruitment 2021 Notification Details

RBI Recruitment 2021: Presenting a brand new notification issued by Reserve Bank of India for recruitment of Officers (Grade B). The RBI Jobs notification is released for 322 Vacancy. Aspirants who have a Graduate, Master’s, PG certificate degree in relevant discipline from a recognized institute/board can submit their application before the last date to form submission. 15 February 2021 is the final date.

Candidate can apply for official RBI notification if they are eligible. RBI information is given in this article like the RBI Grade B Recruitment 2021 Notification, RBI Recruitment 2021 Online application, Age Limit, Fee Structure, Eligibility Criteria, Pay Salary, Job Profile, RBI Admit Card 2021, Syllabus, & much more. We advised aspirants to avoid other sources for information regarding the upcoming Free Job Alert, Sarkari Result and refer to the official website https://www.rbi.org.in/.

Organization Name	Reserve Bank of India
Posts Name	Officers (Grade B)
Total Posts	322
Publish/Starting Date	28 January 2021
Last Date	15 February 2021
Application Mode	Online Submission
Pay Salary	35150-62400
Job Category	Bank Jobs Job Alert
Job Location	Maharashtra
Official Site	https://www.rbi.org.in/

RBI Grade B Recruitment 2021 Vacancy Details

Post Name	No of Post
Officers in Grade ‘B’ (DR)-General PY 2021	270
Officers in Grade ‘B’ (DR)-DEPR PY 2021	29
Officers in Grade ‘B’ (DR)-DSIM PY 2021	23
Total	322

Pay Scale for RBI Grade B Recruitment 2021

• Basic pay is  Rs. 35,150/- p.m. on the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 and also Dearness Allowance, Local allowance, House Rent Allowance, Family Allowance, and Grade Allowance as per rules in force from time to time.
• RBI Grade B officer Exact Salary in Hand is Rs. 67,933/-(approx.) per month.

Employee benefits

• Bank’s accommodation, subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility.
• Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest-free festival advance, Leave Fare Concession (once in two years for self, spouse, and eligible dependents).
• Loans and Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc. Selected candidates will be governed by ‘the defined contribution New Pension Scheme (NPS)’, in addition to the benefit of Gratuity.
• At certain centres, a limited number of residential quarters are available. The facility for securing residential accommodation on lease, however, exists at all centres.
• The initial appointment will be on probation for a period of two years. At Bank’s discretion, the probationary period may be extended up to a maximum period of four years.
• There are reasonable prospects for promotion to higher grades.
• Selected candidates are liable to be posted and transferred anywhere in India.

Eligibility Criteria for RBI Recruitment 2021

Educational Qualification for RBI Officers Recruitment 2021

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

• A minimum of 60% marks (50% in case of SC / ST / PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

Officers in Grade ‘B’ (DR) – DEPR

• 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 OR
• PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade 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.

Officers in Grade ‘B’ (DR) – DSIM

• 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 OR
• Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade 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 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.

Note: SC, ST and PwBD candidates having second class with a minimum of 50% marks or equivalent grade are eligible.

RBI Grade B Exam 2021 Number of attempts

The RBI has specified the number of attempts for each category. Check the number of attempts category wise below.

• General Candidates: 6 Attempts,
• SC/ ST/ OBC/ PWD Candidates: No bar on number of attempts.

Age Limit for RBI Grade B Recruitment 2021

• Minimum age: 21 years
• Maximum age: must not have attained the age of 30 years

Age Relaxation is as per Govt. norms as given below:

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 Recruitment 2021 Application Fee

Candidates can check the category-wise Application Fee for the RBI grade B 2021 in the table below.

Category	Application Fee
SC/ST/PWD	Rs. 175
Gen/OBC/EWS	Rs. 850
Staff of RBI	Nil

Payment Mode: Only through online

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Selection Process for RBI Grade B Recruitment 2021

Selection will be made through online examinations in three phases:

• Phase-I or Prelims;
• Phase-II or Mains
• Interview

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. The Final merit list will be based on candidates’ performance in the main exam and interview round.

RBI Officers Recruitment 2021 Exam Pattern

RBI Grade B Exam Pattern: Phase-I (Online Examination – Objective Type)

Sr No.	Objective Type Tests	No. of Questions	Marks	Time
1	General Awareness	80	80	25 minutes
2	Reasoning	60	60	45 minutes
3	English Language	30	30	25 minutes
4	Quantitative  Aptitude	30	30	25 minutes
	Total	200	200	120 minutes

Note:

• A total time of 120 minutes will be given for answering. However, separate time will be allotted for each test.
• Candidates have to secure minimum marks separately for each test as well as in aggregate, as may be prescribed by the Board.

RBI Grade B Exam Pattern: Phase-II – Online Examination

Name of Paper	Type of Paper	Time (Minutes)	Marks
Paper-I: Economic and Social Issues	Objective Type	90	100
Paper-II: English (Writing Skills)	Descriptive, to be typed with the help of the keyboard	90	100
Paper-III: Finance and Management	Objective type	90	100

RBI Grade B Notification 2021: Interview

Candidates will be shortlisted for the interview, based on the aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut-off marks for being shortlisted for the Interview will be decided by the Board in relation to the number of vacancies. The interview will be of 50 marks. The candidate may opt for an interview either in Hindi or English. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and
interview.

RBI Grade B Recruitment 2021 Syllabus

• As you know that there will be three phases for the selection of RBI Grade B Officers. The first two being the written tests and the third being the Interview.
• The RBI Grade B phase-1 exam is an objective type examination conducted online. It will have 4 sections: General Awareness, English Language, Quantitative Aptitude and Reasoning
• The RBI Grade B Phase II Exam is both objective & descriptive type. This phase will focus on Economic & Social Issues, English Language and Finance & Management.

RBI Grade B Syllabus 2021 for Prelims Exam

The following table shows detailed topic wise RBI Grade B Syllabus for Preliminary examination.

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 & Allegations	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

Detailed Topic Wise Syllabus for RBI Grade B Main Exam

The following table represents the detailed topic wise RBI Grade B Syllabus for main examination.

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 CommunicationCorporate Governance

How to apply for RBI Grade B Recruitment 2021

As always, this time also RBI has invited online application form aspirants. Contenders can check below steps to submit their RBI Recruitment 2021 form. The easiest way to apply for an online form is mentioned below. Aspirants can just follow these steps for successful RBI apply online.

1. Candidates may apply online by visiting the RBI website www.rbi.org.in.
2. Candidates must register themselves using their active email id and mobile number.
3. After successful registration, candidates may apply using their registration number and password.
4. Candidates should fill all the details asked in the application form correctly as no correction is allowed after submitting the form.
5. Candidates must also upload a scanned copy of their photograph, signature, thumb impression in the prescribed format.
6. After Clicking FINAL SUBMIT, candidates must pay their application fee through online mode only.
7. Print Application form for future reference.

RBI Officers Recruitment 2021: Important Dates

SNo	Event	Date
1	Release of online application form	28th January 2021
2	Last date to submit the online application form	15th February 2021
3	The release of the Admit card for Phase-I Exam	To be updated soon
4	General Phase-I exam, DEPR/DSIM Paper I Exam	06th March 2021
5	DEPR/DSIM Paper II, Paper III Exam	31st March 2021
6	The release of the Admit Card for Phase-II Exam	To be updated soon
7	General Phase-II exam	1st April 2021
8	Declaration of the result of Phase-II Exam	To be updated soon
9	Interview Process	To be updated soon
10	Declaration of the final result	To be updated soon

Important Links to RBI Grade B Recruitment 2021

The detailed RBI Grade B Recruitment 2021, the most awaited Banking Exam of the year, is going to be out on 28 Jan 2021. RBI has now released a newspaper ad announcing a total of 322 vacancies for Direct Recruitment for the Posts of Officer in Grade B (DR) (GENERAL), Officers in Grade B (DR) (DEPR), and Officers in Grade B (DR) (DSIM) in the RBI Officers Recruitment 2021. Read on for complete details about the RBI Recruitment 2021 Notification such as the number of Vacancies, Exam Pattern, Exam Dates. Eligibility Criteria, Job Profile, Emoluments, etc, read the blog in its entirety.

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A Quick FAQ to RBI Grade B Recruitment 2021