RBI Grade B DEPR Exam Recruitment 2025, Syllabus, Salary, Job Profile

RBI Grade B DEPR Notification 2025

The RBI Grade B DEPR notification 2025 was released on September 08, 2025. The notice covers RBI Grade B General, DEPR and DSIM posts. The DEPR role is about economic research, data study, and help in making policy for the country.

You can apply for the RBI Grade B DEPR post between September 10, 2025 and September 30, 2025. Make sure you fill the application form and submit it before the last date.

The notification shows 17 vacancies for the DEPR stream. The full notification also gives vacancy numbers for other streams and the total seats for RBI Grade B 2025.

The DEPR exam schedule is in the notification. DEPR Paper 1 will be held on October 19, 2025. DEPR Paper 2 and Paper 3 will be held on December 07, 2025. 

RBI Grade B DEPR Exam: Changes Introduced

According to the notification released in the previous years, the following changes were introduced in the RBI Grade B DEPR recruitment process. 

• Firstly, the RBI Grade B selection process will comprise 4 written papers in 2 Phases, i.e., 2 papers in each phase. Earlier, Phase 1 had 1 paper only. 
• Next, the RBI Grade B DEPR syllabus has been very well-defined in the RBI Grade B DEPR notification. Earlier, the syllabus was quite nebulous, but now the RBI has clearly defined the scope of the assessment. 
• The cut-off date for the age criteria and the educational qualification has also changed. 
• The RBI Grade B DEPR pay scale has been revised to ₹78,450 per month.
• A two-day application correction window has been introduced for candidates to edit their submitted forms.

With the release of the 2025 notification, aspirants need to analyse the exam recruitment notice carefully as they prepare for the exam so that they don't miss out on any new changes which would be visible in the exam.  

RBI Grade B DEPR Exam Pattern

The RBI Grade B DEPR exam 2025 will be held by the Reserve Bank of India in two phases followed by an interview. Each phase will include written papers that test a candidate’s knowledge of Economics and related concepts as required for the role of an RBI Grade B Officer.

In Phase I, candidates will take two papers. The first paper will be an objective type RBI Economics test with multiple choice questions. The second paper will be descriptive in nature, where candidates will have to write detailed answers. Both of these RBI DEPR Phase I papers will be conducted online.

In Phase II, there will again be two descriptive papers in Economics. These RBI Grade B DEPR Phase II papers may be conducted either online or in written form. Candidates will be required to write long answers that show their subject expertise and suitability for working with the Reserve Bank of India.

Those who clear both phases will be called for the RBI Grade B DEPR interview. The interview can be taken in either English or Hindi, depending on the candidate’s preference.

A major change in the RBI DEPR 2025 exam pattern is that it has been revised from earlier years. In previous recruitment cycles, Phase I had only one paper. From 2025, candidates must appear for two papers in Phase I and two papers in Phase II. This means there are now a total of four written RBI Grade B DEPR papers before reaching the interview stage.

Below is the exam pattern for the RBI Grade B DEPR exam. 

RBI Grade B DEPR Interview

The RBI Grade B DEPR Interview is the final stage of the RBI Grade B DEPR selection process. After clearing both Phase I and Phase II written examinations, shortlisted candidates are called for the interview round.

This stage plays a very important role in deciding the final selection of candidates for the post of RBI Grade B Officer (DEPR).

Candidates will have the option to give the RBI DEPR interview in either English or Hindi. The choice of language will not affect the marks. What matters most is the clarity of thought, confidence, and the ability to link economic theories to practical issues.

Performance in the RBI DEPR interview is combined with the scores of Phase I and Phase II papers to prepare the final merit list. This means doing well in the interview is equally important as scoring high in the written exams.

Candidates should be prepared to not only answer subject-related questions but also to demonstrate qualities like analytical ability, decision-making skills, and awareness of RBI’s role in the economy.

In short, the RBI Grade B DEPR interview 2025 is designed to test whether a candidate is ready to take up the responsibilities of an RBI economist and contribute effectively to the Reserve Bank of India’s research and policy-making work.

RBI Grade B DEPR Exam Dates 2025

To prepare well for the RBI Grade B DEPR exam, you must know the official exam dates. This will help you finish the syllabus on time and revise before the test. The RBI Grade B DEPR exam gives a great chance to students with a postgraduate degree in Economics who want to work as a Grade B officer in the Reserve Bank of India.

The RBI Grade B DEPR notification 2025 has now been released. The online application process will begin on September 10, 2025, and the last date to apply is September 30, 2025.

The RBI Grade B DEPR Paper 1 will be held on October 19, 2025. Paper 2 and Paper 3 for DEPR will take place on December 07, 2025. 

Now that the RBI Grade B DEPR exam dates 2025 are out, students should focus on completing the syllabus, solving mock tests, and revising in the time left. With the exam dates fixed, there is no waiting time left, and preparation should be done with full focus.

RBI Grade B DEPR Syllabus

Prior to commencing your RBI Grade B DEPR exam preparation, it is imperative to thoroughly acquaint yourself with the comprehensive syllabus. The syllabus for the RBI Grade B DEPR (Department of Economic and Policy Research) examination has been meticulously given in the official RBI notification, a marked improvement from previously somewhat ambiguous guidelines.

As an aspirant, it's essential to consult RBI publications, including the Annual Report, Report on Trends and Progress of Banking in India, and Reports pertaining to Monetary Policy and Financial Stability.

This clarity and specificity in the syllabus enable candidates to structure their preparation effectively and enhance their chances of success in the examination. The expected RBI Grade B DEPR syllabus 2025 is mentioned in the table below. 

RBI Grade B DEPR Eligibility Criteria

The RBI Grade B DEPR eligibility criteria 2025 have been clearly defined in the official notification of the Reserve Bank of India. To apply for the RBI Grade B Officer (DEPR) exam, candidates must meet the requirements related to nationality, age, and educational qualifications.

To begin with, a candidate must be an Indian citizen or must fall under the categories of nationality allowed by the Government of India, such as a subject of Nepal, Bhutan, or a Tibetan refugee who came to India before January 1, 1962.

Candidates of Indian origin who migrated from certain other countries with the intention of settling in India permanently are also eligible, provided they have the necessary certificate issued by the Government of India.

The RBI Grade B DEPR age limit 2025 requires candidates to be at least 21 years old and not more than 30 years of age as on September 1, 2025. There are age relaxations for certain categories. For example, candidates from SC and ST categories get a relaxation of up to 5 years, while OBC candidates get a relaxation of up to 3 years.

Candidates with M.Phil. and Ph.D. degrees also get relaxation, with the upper age limit being 32 years for M.Phil. holders and 34 years for Ph.D. holders. There are additional relaxations for ex-servicemen, PwBD candidates, and candidates with relevant research or teaching experience in economics.

The most important part of the eligibility is the RBI Grade B DEPR educational qualification. Candidates must have a Master’s degree in Economics or in subjects such as Quantitative Economics, Mathematical Economics, Econometrics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics, Development Economics, or International Economics.

Alternatively, candidates can also apply if they have a Master’s degree in Finance or related subjects such as Quantitative Finance, Mathematical Finance, International Finance, Business Finance, or Trade Finance. In both cases, the candidate must have at least 55% marks in aggregate across all semesters and years. For SC, ST, and PwBD candidates, the minimum marks required are 50%.

The RBI has also stated that candidates with higher qualifications, such as an M.Phil. or Ph.D. in Economics, will receive additional benefits like relaxation in the upper age limit.

Those with research or teaching experience at a recognized Indian or foreign university may also be considered for relaxation. A doctorate degree or published research work in standard economic journals is seen as a desirable qualification.

In short, the RBI DEPR eligibility criteria 2025 focus on ensuring that candidates have strong academic backgrounds in Economics or Finance along with the required age and nationality conditions.

Meeting these criteria is the first step for aspirants who want to secure the prestigious role of RBI Grade B DEPR Officer in the Reserve Bank of India.Please take a look at the table below to know the expected RBI Grade B eligibility criteria in more detail.

RBI Grade B DEPR Salary

The RBI Grade B salary 2025 is one of the biggest reasons why this exam is so popular among banking aspirants. The Reserve Bank of India offers an attractive pay scale along with many allowances and benefits, making the job of an RBI Grade B Officer both rewarding and prestigious.

As per the latest notification, the basic pay for an RBI Grade B Officer is ₹78,450 per month. The pay structure follows a scale of ₹78,450–4050(9)–114,900–EB–4050(2)–123,000–4650(4)–141,600, which means that officers will receive regular increments as they move up in service. This salary is complemented by several allowances, which increase the total monthly pay.

At present, the RBI Grade B gross salary (without HRA) is about ₹1,50,374 per month. If the Bank does not provide accommodation, officers are also entitled to House Rent Allowance (HRA) at the rate of 15% of their basic pay. This makes the salary package even more attractive compared to other government jobs.

In addition to the high salary, RBI Grade B Officers receive many perks such as Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, and reimbursements for telephone and newspaper bills. They can also get bank accommodation (subject to availability) or housing loans at concessional rates.

Other benefits include medical facilities for themselves and their dependents, education loans, car loans, and Leave Fare Concession (LFC) once every two years.

The Reserve Bank of India also provides its officers with a good career path. Along with the competitive RBI Grade B salary, there are regular opportunities for promotion to higher levels in the RBI hierarchy. Officers also enjoy job security, work-life balance, and the pride of working for the nation’s central bank.

In summary, the RBI Grade B Officer salary 2025 offers a strong financial package with a starting gross pay of around ₹1.5 lakh per month, plus allowances and benefits. This makes the post of an RBI Grade B Officer one of the most desirable careers in India’s banking and financial sector.

For detailed insights, please refer to the table below. 

RBI Grade B (DEPR) Job Profile

A DEPR Officer in RBI Grade B works in the following departments- the Department of Economic and Policy Research (DEPR), Monetary Policy Department (MPD), International Department, and Strategic Research Unit (SRU). Besides this, a DEPR Officer can also get posted in departments like the Department of Statistics and Information Management, Internal Debt Management Department, Department of External Investments and Operations, Financial Markets Regulation Department, Financial Markets Operations Department, Department of Banking Regulation, Financial Stability Unit among others. 

• An RBI Grade B (DEPR) Officer's primary work is to study the Economic Status of the country and to carry out research and analysis of the Indian Economy. A DEPR Officer spends her/his career in the RBI Central Office, Mumbai branch. S/he can be shifted to other state’s regional offices also if required. The job profile of a DEPR Officer depends on the department he/she is placed in. In Regional offices, various surveys related to Pharmaceutical, Agriculture, Retail, Banking outreach, Medicine, and Wholesale data of food articles take place from time to time.   
• The data is then further sent to RBI’s Central Office for analysis and formulation. The data collected is useful for the Local Board meetings conducted by the Regional Director.  
• In the DEPR department, DEPR Officers have to work on macroeconomic analysis and research on the Indian economy. They are also expected to research issues related to the economy. The Research usually relates to the real economy, fiscal, money and banking, and external economy. Apart from that, Financial markets research is also carried out by the DEPR officers.  
• In the international department, research related to India’s economic relations with agencies like IMF, and others take place.  
• In the Strategic Research Unit or SRU, core economic issues such as unemployment, poverty, or any other important issue that needs to be researched are carried out. 

RBI Grade B DEPR Career Growth

RBI Grade B (DEPR) Officer’s growth in the Reserve Bank of India depends on one’s performance. After five years and more with RBI, you will be promoted to Assistant General Manager.

You will also be eligible to apply for the Grade C, Grade D, and Grade E officer exams, and so on. RBI Officers also get a chance for further education across the world. Further education is borne partially-fully by the Reserve Bank of India.

Further, there are chances for RBI Officers to be working with organizations like the IMF, World Bank, Bank of International Settlements (BIS), Switzerland, and more. 

RBI Grade B DEPR Previous Year Cut Off

RBI Grade B Officer is one of the most awaited jobs among all the government job aspirants which makes it even tougher to compete for. Therefore, it becomes mandatory for you to try as hard as you can to nail this examination. Preparation should always be preceded by gathering all required information, which also includes knowing the RBI Grade B previous year cut-off that gives an idea of the level of the examination.

RBI Grade B DEPR Cut–Off 2023 in Paper 1, Paper 2 and Paper 2 (Objective + Descriptive)

RBI Grade B DEPR Cut Off 2022 in Paper 1

RBI Grade B DEPR Cut–Off 2022 in Paper 1, Paper 2 and Paper 2 (Objective + Descriptive)

RBI Grade B DEPR Final Cut Off 2022  (Paper- 1, 2 and 3 And Interview)

RBI Grade B DEPR Final Cut off 2021 (Paper- 1, 2 and 3 And Interview)

RBI Grade B DEPR Cut off 2021 in Paper 1, Paper 2 and Paper 2 (Objective + Descriptive)

RBI Grade B DEPR Cut-Off 2021 in Paper 1

Given below is the detailed insight into RBI Grade B Phase 1 category-wise cut-off.

RBI Grade B DEPR Preparation Strategy

RBI Grade B DEPR is a great opportunity for candidates aspiring to work in the Reserve Bank of India. The key to success lies in the effective RBI Grade B DEPR preparation strategy one makes before starting to prepare for the exam. Therefore, you need to focus on what will work for you best. As the vacancies are fewer you cannot take any risk in your preparation journey.

To excel in your preparations for the RBI Grade B DEPR examination, it is crucial to tailor a study plan that aligns with your unique circumstances, whether you are a working professional or a dedicated student preparing from the comfort of your home. Here are some essential steps to structure an effective study routine for RBI Grade B DEPR Exam:

Customize Your Study Schedule:

• For Working Professionals: If you have a job or other commitments, make sure to allocate study hours that fit your work schedule. Consider dedicating focused study time before or after work, during lunch breaks, or on weekends.
• For Students/Preparers at Home: If you have the flexibility to dedicate more time to your preparation, plan your study hours accordingly. Create a daily or weekly schedule that covers all the required subjects and topics.

Syllabus and Reference Material:

• Begin by compiling a comprehensive list of the entire syllabus for the RBI Grade B Officer DEPR exam. Organize it into sections and topics for better clarity. Gather all the necessary reference materials, textbooks, study guides, and online resources that you'll need throughout your preparation. This will save you time.

Incorporate Short Breaks:

• Recognize the importance of short breaks in maintaining your productivity and focus. Include brief intervals between study sessions to recharge your energy and prevent burnout.

Mock Test Practice:

• Consistent and regular practice of RBI Grade B (DEPR) mock tests is a key component of your preparation strategy. Mock tests help you become familiar with the exam format, improve your time management skills, and gauge your overall progress. The more you practice, the better your speed and accuracy will become, which are crucial factors for scoring well in the actual exam.

Stay Informed with RBI Official Resources:

• Don't forget to visit the official Reserve Bank of India (RBI) website regularly. Here, you can find valuable information such as Trends in Banking, the Annual Report, RBI Bulletin, and more. Staying updated with these resources will give you insights into the latest developments in the banking sector, which can be relevant for the DEPR examination.

In summary, designing a successful study plan for the RBI Grade B (DEPR) Officer exam involves personalization, organization, regular practice, and keeping up with official RBI resources. Following these steps will help you achieve your study goals and boost your chances of success in this competitive exam.

RBI Grade B DEPR Books and Reference Material

You must have your RBI Grade B DEPR study material handy with you so that you are not confused about the books to go for. For ESI, you can refer to the 12th NCERT Standards Macroeconomics and cover the rest of the syllabus from a book called Indian Economy by Ramesh Singh. The last 5 months of Yojana Magazine are a must.

You can get it online or in any bookstore nearby. Don’t forget to read the newspaper on a daily basis. Newspapers like Economic Times/ Mint will be very useful in your preparation journey.

Some important RBI Grade B study materials are mentioned below for your assistance which can be useful for the RBI Grade B DEPR exam.

RBI Grade B DEPR Mock Tests

ixamBee offers an extensive RBI Grade B DEPR mock test series, a valuable resource to aid you on your preparation journey. These mock tests play a pivotal role in assessing and enhancing your knowledge and readiness for the examination. By engaging in these practice tests, you can thoroughly evaluate your level of preparation and identify areas for improvement.

Additionally, the mock tests provide an authentic exam-like setting, allowing you to become familiar with the pressures and challenges experienced in the actual examination hall. This comprehensive and strategic approach to preparation ensures that you are well-equipped to excel in the RBI Grade B DEPR examination.  

RBI Grade B DEPR Online Course

To assist you with the preparation, ixamBee offers a comprehensive Online Course for the RBI Grade B DEPR exam. This course is curated and well-crafted with all that is needed to ace the RBI Grade B DEPR exam. This RBI Grade B DEPR Online Course is designed by our experts who themselves have cleared the DEPR exam.

The Course consists of Video Lessons and Study notes designed by expert faculty, Mock tests, and Interview Guidance. Some salient features of the RBI Grade B DEPR Online Course are provided below. 

• Video Lessons & Study Notes: Video lessons and study notes which cover all conceptual and key points of Economics syllabus. 
• RBI Grade B DEPR Mock Tests: 10 full length tests for RBI Grade B DEPR phase 1 paper 1 exam (objective type) with detailed solutions for each question and 5 mock tests for descriptive English for phase 1 paper 2 exam. You will also get 5 practice tests each for both the papers of descriptive economics for the phase 2 exam. 
• RBI Grade B DEPR Practice Tests: To help you we provide 600 MCQs for practise including 300 numericals 
• Descriptive Economics: Our RBI Grade B DEPR online test series have been created to give you a real exam feel and make you accustomed to writing the paper. These Descriptive DEPR practice tests will be evaluated by the faculty and detailed feedback will be provided to you. 
• Descriptive English: RBI Grade B DEPR Online Course will give you access to video lessons and study notes on writing skills, sample essays, suggested topics and 5 Descriptive English Mock Tests with individual Performance Feedback. 
• Interview Guidance: At interview stage, our experts will provide interview guidance in the form of Mock Interviews and personal feedback on your performance 

In order to ensure a seat as an RBI Grade B DEPR Officer, it is essential to grab every piece of information regarding the exam. Our Experts have provided Study notes and Videos to help in your preparation. These videos might assist you in the RBI Grade B DEPR exam preparation. Some videos regarding RBI Grade B DEPR Exam are provided below.