RBI Grade B 2019: RBI Grade B Syllabus, Notification, Apply, Vacancy, Exam Dates

RBI Grade B

RBI Grade B 2019 Highlights

RBI Grade B Exam Highlights

Conducting AuthorityReserve Bank of India
Website www.rbi.org.in
Posts Grade B officer: General/DEPR/DSIM
Mode of application Online
Stages of Exam Prelims, Main, Interview
Application form Window 21st September 2019 to 11th October 2019
RBI Grade B Prelims Exam Dates 9th November 2019
RBI Grade B (General) Mains Exam Dates 1st December 2019
RBI Grade B (DEPR/DSIM) Mains Exam Dates 2nd December 2019

RBI Grade B Exam Notification

The Reserve Bank of India (RBI) is India's Central Bank and monetary authority, which controls the money supply. The RBI plays an important part in the Development Strategy of the Government of India. RBI regulates loans offered by banks and non-banking financial institutions to government entities, businesses, and consumers and it also controls the availability of funds in the financial system.

Every year RBI conducts direct recruitment (DR) drives for the post of Grade B officers, the most paramount and prestigious job in the banking industry to start your career with.

 

RBI Grade B Exam Pattern

RBI Grade B Examination (DR) is conducted in three phases as follows:

PhasesExamTypeMarks
Phase 1 Preliminary Exam Written-Objective 200 Marks
Phase 2 Mains Exam Written-Objective & Descriptive 300 Marks
Phase 3 Personal Interview Interview 50 Marks

Phase I: RBI Grade B Preliminary Examination: 

The RBI Grade B Preliminary Exam is the first phase to become an RBI Grade B Officer. The Preliminary exam consists of subjects like English Language, Quantitative Aptitude, Reasoning Ability & General Awareness. The below-mentioned table defines the exam pattern for RBI Grade B Pre exam.

Sl. No.Name of TestNo. of QuestionsMarksTime Allotted
1. English Language 30 30  Composite Time of 2 hours
2. Quantitative Aptitude 30 30
3. Reasoning Ability 60 60
4. General Awareness 80 80
            Total200200  

Phase II: RBI Grade B Mains Examination.

After qualifying RBI Grade B Pre-exam, candidates are shortlisted for RBI Grade B Mains exam. The RBI Grade B Mains exam consists of subjects like Finance & Management, Economic and Social Issues & English (Writing Skills). 

PaperName of PaperType of PaperTime Allotted (Minutes)Marks
Paper I Economic and Social Issues Objective Type 90 100
Paper II English (Writing Skills) Descriptive Type, to be typed on the computer with the help of keyboard 90 100
Paper III Finance and Management Objective Type 90 100
Total270300

RBI Grade B 2019 Interview

Candidates are shortlisted for the "Interview" stage based on the total score secured in Phase-II. The interview will carry 50 marks. Candidates can choose the language for Interview i.e either Hindi or English. Preparation of the interview is the most difficult part, therefore to give you an idea about the Interview questions that can be asked in RBI Grade B phase III, we have listed few sample Interview questions:  

List of sample Interview questions for RBI Grade B Officer:-

Q. What are the attributes of an ideal job for you? Is a job in RBI the ideal one for you?

Q. Why have you decided to become an RBI Grade B Officer?

Q. What do you know about RBI and how is it different from other 'central banks' ?

Q. How should India deal with the problem of growing unemployment when still a large number of people are depending on agriculture sector?

Q. What are the major challenges of 'financial inclusion' in India?

To know more about RBI Grade B Officer interview questions you can visit this link RBI Grade B interview

RBI Grade B Exam Language

Both the Objective and Descriptive Tests are conducted online. Kindly note, all questions (in both Preliminary and Main Examination, except the Test of English), are available bilingually in English and Hindi.

Marking Scheme for RBI Grade B Exam

The marking scheme for RBI Grade B 2019 and penalty for wrong answers (Applicable to Both Preliminary and Main Examinations) is as follows:

RBI Grade B Marking Scheme

For correct answers

1 mark

For wrong answers

-1/4 marks

For not attempted

0 (no marks)

  • For every incorrect attempt, 1/4th of the marks alloted to that question will be deducted.
  • For every question carrying 1 mark, 0.25 marks will be deducted.

RBI Grade B Exam Syllabus

Before starting to prepare for RBI Grade B Exam, it is important that you are well versed with topics and the detailed syllabus for the exam.

RBI Grade B Phase-I Syllabus

RBI Grade B Exam consists of objective type questions from Reasoning, Quantitative Aptitude, English Language and General Awareness in its Phase 1

The detailed subject wise syllabus for RBI Grade B Exam is given below:

Quantitative Aptitude
  • Ratio and Proportion
  • Average
  • Time and Work
  • Speed, Distance and Time
  • Mixture and Allegations
  • Stocks and Shares
  • Percentage
  • Permutation and Combination
  • Algebra
  • Trigonometry
  • Data Interpretation
  • Mensuration
  • Probability
  • Set Theory
Reasoning Ability
  • Inequality
  • Coding Decoding
  • Syllogism
  • Machine Input Output
  • Data Sufficiency
  • Circular Arrangement
  • Linear Arrangement
  • Floor Puzzle
  • Scheduling
  • Verbal Reasoning
  • Ordering and Ranking
  • Arrangement and Pattern
  • Blood Relations
  • Direction and Distance
  • Syllogism
  • Seating Arrangement - Circular, Square and Linear
  • Puzzle
  • Blood Relation
  • Inequality
  • Data Sufficiency
  • Coding and Decoding
  • Distance and Direction
  • Ranking
General Awareness
  • Current Affairs
  • Indian Financial System
  • Indian Banking System
  • Monetary Plans
  • National Institution
  • Banking Terms
English Language
  • Grammar
  • Vocabulary
  • Error Spotting
  • Comprehension
  • Passage Making
  • Jumble Words
  • Fill in the Blanks
  • Sentence Framing

Those who qualify in Phase I will be Eligible for Phase II, Syllabus for Phase II is given below:

RBI Grade B Phase-II Syllabus

Phase 2 of RBI Grade B Exam has objective type questions from Finance & Management, Economics & Social Issues and English descriptive paper.

The detailed subject wise syllabus for RBI Grade B Phase II Exam is given below:

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

Know detailed syllabus for RBI Grade B Exam 2019

RBI Grade B Eligibility Criteria

To apply for RBI Grade B Exam, you should meet various eligibility criteria wrt Educational Qualification, Age, Nationality, No. of Attempts permissible etc.

Educational Criteria

Candidates are required to follow the below-mentioned educational criteria to apply for RBI Grade B Exam.

RBI Grade B Eligibility Criteria

PostEducation Qualification
Officers in Grade 'B' (DR) - (General)

A minimum of 60% marks (50% in case of SC/ST/

PWD) 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

in aggregate of all semesters /years from a

recognized 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 postgraduate

diploma in Statistics or related subjects from an

institute of repute; OR M. Stat. The 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

Age Criteria (Maximum age)

Candidates are required to be aged between 21 to 30 years to apply for the RBI Grade B Exam. RBI has also defined the criteria for the candidates belonging to the reservedcategory. You can check the details in the table below:

CategoryAge in 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

5 years

Ex-servicemen (including Emergency Commissioned

Officers/Short Service Commissioned Officers)

provided applicants have rendered at least five years

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

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
PWD(OBC) 13 years
PWD (GENERAL) 10 years
PWD(SC/ST) 15 years
OBC 3 years
SC/ST 5 years

NOTE - For candidate possessing Phd or MPhil degree the upper age limit is 34 and 32 year respectively.

Number of Attempts:

Apart from the 'Educational & Age criteria', there is also a limit on the number of times a candidate can write RBI Grade B Exam, which is as follows:

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

RBI Grade B Salary 2019 

The salary of RBI Grade B officer is in the pay scale given below.

PostSalary
RBI Grade B Officer Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400

To understand the job profile, salary and other perks of an RBI Grade B Officer in detail, watch this video:

RBI Grade B Vacancy 2019

You can refer to the table provided below to know about the vacancy details for the year 2019.

PostsNumber of Vacancies
Officers in Grade 'B' (DR) - (General) 156
Officers in Grade 'B' (DR) - DEPR 20
Officers in Grade 'B' (DR) - DSIM 23

RBI Grade B Examination 2019: How to Apply

RBI has released the notification containing the vacancy details for its Grade B Officer category. The following is the method of application

  • Visit  https://opportunities.rbi.org.in  and here once the registration is open, you will be redirected to RBI’s application portal.
  • Register yourself for the first time on the portal.
  • Then provide basic information about yourself such as Name, Age, Contact Particulars such as Phone, Address and Email ID.
  • A photograph & your signature should be uploaded, as per specifications provided therein.
  • Provide your educational qualification information and then save & preview your application form for any errors.
  • Payment of the fees (which is Rs. 850 or Rs. 100 depending on your category) can be made through Credit / Debit Card or Netbanking.
  • Once the form is submitted, you will receive an email with your login credentials.

Guidelines for uploading the picture and signature are as follows.

Picture Image dimensions: 200X230 pixels File Type: JPG or JPEG File size: not more than 50KB
Signature Image dimensions: 140X60 pixels File Type: JPG or JPEG File size: not more than 20KB

RBI Grade B 2019 Application Fee

To apply for the RBI Grade B Officer Exam, the application fees for the year 2019 is as follows.

S. No.CategoryApplication Fees
1. GEN/OBC Rs.850/- (Application fee including Intimation charges)
2. SC/ST/PWD Rs.100/- (Intimation charges only)
3. RBI's Staff Member Nil

RBI Grade B Exam Centres

Online Examination Centres for RBI Grade B Phase I are as follows.

State /UTCentre
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 2019 Admit Card

The 'centre, venue address, date and time' for both online Preliminary and online Mains Examinations and Interview shall be intimated in the respective 'Call Letter'. An eligible candidate should download his/her call letter from the authorised website by entering his/ her details i.e. Registration Number and Password/Date of Birth. No hard copy of the call letter/ Information Handout etc. will be sent by post/ courier.

RBI Grade B Exam Dates

The notification for RBI Grade B Exam has been released.The exam dates for 2019 are given below.

RBI Grade B Exam Dates

RBI Grade B Important EventsRBI Grade B Important Exam Dates
On-line registration including Edit/Modification of Application by candidates 21st September 2019 to 11th October 2019
Payment of Application Fees/Intimation Charges 21st September 2019 to 11th October 2019
The release of Admit Card for RBI Grade B Phase 1 will update soon
Online Examination – Preliminary, RBI Grade B Phase 1 , DEPR/DSIM 9th November 2019
Declaration of Result for Written Exam, RBI Grade B Phase-1 End of November 2019
The release of Admit Card for Written Exam, RBI Grade B Phase-2 Last week of November
Online Examination- Main, RBI Grade B 1st December 2019
Online Examination – Mains, DEPR/DSIM 2nd December 2019
Declaration of Result for Written Exam, RBI Grade B Phase 2 To be notified later
Conduct of Interview - RBI Grade B Phase 3 To be notified later
Declaration of Final Result for RBI Grade B To be notified later

RBI Grade B Previous Year Cut-off

The cut-off depends on the difficulty level of the exam. If the vacancies are more, then the cut-off  will be low & if the vacancies will be less then the cut-off  will be high. You can check the previous year cut-off for RBI Grade B Exam 2018 below:

RBI Cut-Off for Grade-B Phase-I Examination 2018

Below is the list of sectional cut-off  for the RBI Grade B Phase I.

Category/ SectionGeneral AwarenessReasoning AbilityEnglish LanguageQuantitative AptitudeTotal Score/ Aggregate
Maximum Marks 80 60 30 30 200
General 20.00 15.00 7.50 7.50 105.75
OBC 16.00 12.00 6.00 6.00 95.75
SC 14.25 10.75 5.25 5.25 91.75
ST 14.25 10.75 5.25 5.25 91.75
PWD (OH/HI/VH) 14.25 10.75 5.25 5.25 91.75

RBI Cut-Off for Grade-B Phase-II Examination 2018

Recruitment StageCategory & Cut Off Marks
GENERALOBCSCSTPWD
Aggregate Cut – Off Marks In Paper- I, Paper-Ii And Paper- Iii Taken Together In Written Examination For Shortlisting The Candidates For Interview (Out Of Total 300 Marks). 201.25 186.25 180.25 180.25 180.25
Aggregate Marks In Written Examination (Paper- I, Ii And Iii) And Interview Taken Together (Out Of Total 350 Marks) Obtained By The Last Recommended Candidate With Reference To The No. Of Vacancies Notified In The Advertisement. 248.50 235.50 221.25 219.50 GEN-235.50 
OBC-223.00

RBI Cut-Off for Grade B Phase-I Examination 2017 

Below is the list of sectional cut-off  for the RBI Grade B Phase II.

Category/ SectionGeneral AwarenessReasoning AbilityEnglish LanguageQuantitative AptitudeTotal Score/ Aggregate
Maximum Marks 80 60 30 30 200
General 16.50 11.00 6.75 4.00 78.00
OBC 12.50 8.00 5.25 2.50 68.00
SC 11.00 6.75 4.75 2.00 64.00
ST 11.00 6.75 4.75 2.00 64.00
PWD (OH/HI/VH) 11.00 6.75 4.75 2.00 64.00

RBI Cut Off for Grade B Phase-II & Final Cut off 2017

Below is the list of overall cut-off for the RBI Grade B Phase II & final cut-off  for the year 2017.

EventsCut-off Marks
GeneralOBCSCST
Aggregate Cut off marks in (Paper-I, II & III) in written exam(Out of total 300 marks) 196.75 181.75 175.75 175.75
Aggregate Cut off marks in written examination (Paper-I, II & III) and Interview (out of total 350 marks) 245.75 228.00 220.50 211.25
To Know About Previous year cut off for RBI Grade B Exam

RBI Grade B Phase I Exam Analysis

Last year RBI Grade B Phase I Exam was conducted in the month of August and RBI Grade B Phase II exam in the month of September. We have analyzed exams conducted in all the shifts on 16th August 2018. To know the Phase I Analysis and the questions asked in 2018 exams please click on the link given below:

Read more about Phase I Questions asked in RBI Grade B 2018 exam

 To check Previous year paper for RBI Grade B Officer 2019 Please Click here

 To check Last year General Awareness Question asked in RBI Grade B Officer Please Click here

RBI Grade B 2019 Additional Information 

Pre-training of RBI Grade B Exam:

Being one of India’s most coveted examinations, RBI has implemented a very strenuous PET for the Grade B cadre. Also known as Phase  –  I examination, the pre-training will include questions from categories to test your English Skills, General Awareness, Quantitative Skills and Logical Reasoning.

RBI Grade B Preparation Strategy 2019

Most of the government exams are similar in what they test in you. The way of asking may be a bit different, but on the basic level, they check almost similar abilities in you. The key to nailing any kind of examination is practising hard, making a proper plan and sticking to it consistently. An examination not only tests your knowledge but also your accuracy and speed. Being regular with your studies and revision is as important as practising and checking your newly gained knowledge on a regular basis. Also, try to cover all sections equally along with identifying your weaker and stronger areas. You can watch this video to understand preparation strategy for RBI Grade B Exam.

Read more about RBI Grade B Officer Additional Information 2019

RBI Grade B Online Course

ixamBee has a comprehensive 'Online Learning Course' for the preparation of RBI Grade B 2019 Exam ( Phase I and Phase 2 ). This 'online course' is designed by Mr. Chandraprakash Joshi (ex-RBI GR B, MBA-Finance, PhD) and Ms. Arunima Sinha (Coach for Banking exams for 6 years, Ex-Manager SIDBI, Ex-Bank PO), and consists of Video Lessons and Live Online classes for doubt clarification. The course also provides access to 'Practice tests/ Mock Tests' and 'Assignments' for reinforcement of learning. The course contains: 

  • 700+ videos cover the entire syllabus (Phase 1 + Phase 2) for RBI Grade B.
  • About 17000+ Practice questions to make your fundamentals strong.
  • 300+ Study Notes prepared by expert faculty.
  • 20 mock tests for Phase 1 and 15 mock tests for Phase 2 exam & 5 Mock tests for Descriptive Exam with Personalized feedback.
  • Live classes with faculty members who have cleared RBI Grade B, Bank PO, SIDBI and other competitive exams.

Know More about Comprehensive Online Learning Course for the preparation of RBI Grade B 2019 Exam

RBI Grade B 2019 Free Mock Tests

ixamBee’s 'RBI Grade B' Mock Test series will help you score more to get your dream job. To clear RBI Grade B Exam, you need to practice as much as you can so that you can qualify the actual exam, without any difficulty. Free online mock tests for 'RBI Grade B Exam' are based on the latest exam pattern. ixamBee’s RBI Grade B free mock tests will help you analyze your performance. To gear up for your preparation you need a lot of practice.

To practice, Free Mock tests click here

RBI Grade B Books

Following books are recommended for the preparation of RBI Grade B Exam:

PaperSubjectBook
Economic and Social Issues     Indian Economy Uma Kapila or Mishra Puri
Indian Economy Ramesh Singh
Sociology CN Shankar Rao
Finance & Management       Financial Management Prasanna Chandra or IM Pandey
Indian Financial System Bharti Pathak
Principles of Management LN Prasad
Organisational Behaviour SP Robins
Quantitative Aptitude Quicker Mathematics BSC Publications
Quantitative Aptitude RS Agarwal
Class Notes SS Bharti
Reasoning Ability A modern approach to verbal & Non-verbal reasoning R.S. Agarwal
Verbal & Non-Verbal Reasoning S.Chand
Verbal & Non-Verbal Reasoning Arihant Publication
English Language English Grammar Wren & Martin
Made Easy for English Norman Lewis
Descriptive General English SP Bakshi
General Awareness Lucent GK Knowledge Lucent Publication

RBI Grade B Blogs 2019

Our Experts have written blogs that will help you in preparations for Phase 1 & Phase 2 as well as Interview. Below are the links for the blogs:

Preparation Strategies For RBI Grade B 2018 Phase 2 Exam

Preparation Strategies For RBI Grade B 2018 Phase 1 Exam

RBI Grade B interview

Full Form of RBI with All Details - What is RBI?