RBI Grade B Eligibility Criteria 2021

RBI Grade B Eligibility Criteria 2021

RBI Grade B Eligibility Criteria 2021

Before applying to the RBI Grade B 2021, it is essential to ensure your eligibility criteria. You must be aware of the fact that if you fail to fulfill the RBI Grade B eligibility criteria 2021, your RBI Grade B application will be rejected. The RBI Grade B notification has all the details related to educational and eligibility criteria. The detailed RBI Grade B 2021 Eligibility criteria are mentioned below.

RBI Grade B Educational Qualification

A minimum of 60% marks (50% in case of SC/ST/PWBD) or an equivalent grade in Bachelor's degree is required to be eligible for the post of RBI Grade B Officer 2021. The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be considered as an aggregate for all semesters/years. Besides this a Post Graduate degree in your respective field or MBA in Finance is essential if you are applying to the specialized fields for RBI Grade B 2021.

Name of the PostEducational Criteria
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 in any discipline/ Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
  • Graduation level
    • Any such course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration / candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
    • Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.
  • Post-Graduation level
    • Any such 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 professional or technical Post Graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
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 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.
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 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 Age Criteria

You must be at least 21 years of age and should not be older than 30 years as on the date mentioned in the official RBI Grade B notification 2021. The age criteria for RBI Grade B is different if you possess an M.Phil. or PhD qualification. For MPhil and PhD qualified candidates, the upper age limit is 32 and 34 years respectively.

Click here to read complete details of RBI Grade B Exam.

Name of the PostAge Criteria
RBI Grade B Officer Min-21 Years / Max-30 Years

RBI Grade B Age Relaxation

RBI provides age relaxation if you fall under any of the following categories. To seek age relaxation, you have to produce the valid documents at the time of RBI Grade B 2021 interview.

CategoryAge Relaxation
OBC 3 years
SC/ST 5 years
Ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange 5 years
Candidates who had ordinarily been domiciled in Kashmir Division of the State of Jammu and Kashmir between 1st January, 1980 and 31st December, 1989 5 years
Emergency Commissioned Officers/Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment
  • Note: The age concession will not be admissible to those Ex-servicemen who are released on their own request.
5 years
Ex-servicemen (including Emergency Commissioned Officers/Short Service Commissioned Officers) provided applicants have rendered at least five years of continuous Military Service and have been released on completion of assignment (including those whose assignment is due to be completed within one year) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability or have been released on account of physical disability attributable to Military Service or on invalidment
  • Note: The age concession will not be admissible to those Ex-servicemen who are released on their own request.
5 years
Ex-employees of banking institutions whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Government Offices after at least one year’s service and currently registered with Employment Exchange 5 years
PwBD* (GENERAL/EWS) 10 years
PwBD(OBC) 13 years
PwBD(SC/ST) 15 years

RBI Grade B  Number of Attempts

Cracking RBI Grade B exam 2021 is not a cakewalk. So it is wise to know how many chances you have overall. If you belong to the General category, you can appear 6-times. However, there are no such restrictions in case you belong to SC/ ST/ OBC/ PwBD / Ex-servicemen categories.

CategoryNumber of Attempts
General 6 attempts
SC/ST/PWD/EXSM No limit

Frequently Asked Questions

Q1:  

Can those students who are appearing in Final year of Graduation apply for any post in RBI Grade B?

A:  

No, a candidate must have completed his/her graduation. If he/she is in the final year of graduation then they cannot apply.

Q2:  

Is there any NEGATIVE MARKING in RBI Grade B Exam?

A:  

Yes, negative marking for wrong answers in CBTs is 1/4th of the marks for that question.

Q3:  

In RBI Grade B Exam, Can I choose Hindi language as the exam language?

A:  

Yes, RBI Grade B Exam is bilingual (i.e, Hindi & English) exam. You can choose your preferred language either Hindi or English.

Q4:  

Do RBI Grade B Officers get a pension?

A:  

No, under the ambit of NPS currently there is no pension scheme for RBI employees.

Q5:  

RBI Grade B  2021 Exam is in ONLINE OR OFFLINE mode?

A:  

RBI Grade B  2021 Exam will be in online mode.

Q6:  

Is there SECTIONAL CUT-OFF in RBI GRADE B Exam?

A:  

Yes. RBI Grade B Exam has sectional and overall cut-off .

Q7:  

Is RBI Grade B Officer job transferable?

A:  

Yes, but only after completing the initial 5 years of posting.

Q8:  

How many attempts are there in RBI Grade B?

A:  

Candidates belonging to the general category can attempt the examination only 6 times. Whereas, there is no restriction to the SC/ST/OBC/PWD categories.

Q9:  

What is the age limit for the RBI Grade B posts?

A:  

The minimum age limit for the candidates is 21 years & the maximum age should not be more than 30 years.

Q10:  

Will there be any interview after the written result ?

A:  

Yes. There will be a final phase of Interview after RBI Grade B Phase I & Phase II.

Q11:  

Is it possible to crack this exam in first attempt ?

A:  

To crack any exam, one needs a complete preparation strategy,along with the complete exam information. If you are dedicated towards your goal, you would surely be able to crack the exam in first attempt.

Q12:  

Is the exam Bilingual ?

A:  

Yes. The exam is bilingual. You can attempt all the sections in English or Hindi except the test of English Language.

Q13:  

What would be the word limit for ESI and FM Descriptive paper?

A:  

For Paper 1 (ESI) and Paper 3 (FM) Descriptive Type Paper, the word limit prescribed is - 600 words for 15 marks questions, 400 words for 10 marks questions.