RBI Grade B Notification 2024: Check Eligibility, Pattern, Syllabus and fee!

The latest job opening for a Grade B position will soon be posted on RBI’s website, www.rbi.org.in, in the form of a detailed PDF notice. The RBI Grade B notice 2024 is likely to come out from the Reserve Bank of India in the first week of June. The cutting will start as soon as the notice is sent out, and the whole process will be completed in six months.

So, we think you should start seriously planning right away instead of waiting for the official notice to come out. We’ll let you know here as soon as the message goes out. Save this page to stay up to date.

RBI Grade B Notification 2024

Working for RBI gives you a lot of power. So, the RBI holds the annual RBI Grade ‘B’ Exam for General/DEPR/DSIM jobs so that people can get this chance. There are three parts to the RBI Grade B Examination: Parts I and II, as well as the interview.

The test is only given on a computer. The honor list will be made based on how well you did in Phase II and the interview. Check out the most important parts of the RBI Grade B test.

RBI Grade ‘B’ 2024 Post

The RBI Grade B Exam is mostly given for the following three positions:

RBI Grade B DR-General

The Department of Economic and Policy Research has an RBI Grade B DR.
The Department of Statistics and Information Management is an RBI Grade B DR.
Anyone can apply for a General job, but for a DEPR or DSIM job, candidates must have certain skills, such as an MBA or a master’s degree in economics, statistics, or mathematics, among others.

Don’t worry—we’ve broken down the qualifications by job below. RBI Grade B Officers research and analyze a wide range of economic and financial problems, which helps the bank develop policy suggestions and new initiatives.

RBI Grade B Vacancy 2024

Along with the official notice, the RBI Grade B Vacancy 2024 will be made public. As you can see in the table below, RBI posts more than 250 jobs every year. We expect more than this number of openings this year as well. Also, keep in mind that the openings are split up by post and category according to the reservation policy. After the job opening is announced, the information will be added here.

RBI Grade B 2024 Important Dates

Here are all the important dates for the RBI Grade B test that candidates can look at. We’ll update this page as soon as the official notice comes out.

Steps Apply for RBI Grade B Recruitment 2024

Candidates must fill out the application form online in order to take the RBI Grade B 2024 Examination. No other forms of application will be allowed. You have to fill out the application form carefully because any mistake could get you kicked out of the running.

The following steps were taken in the application process for RBI Grade:

• For Registration
• Fill out the application form (upload a picture and signature and fill in your information).
• Uploading a thumbprint from the left hand and a handwritten statement
• Payment of the application fee
• Send in the application form.

You will need to give important information like your phone number, email address, the number of times you have tried, your CIBIL score, your category (if you have one), your academic qualifications, your experience (but it’s not required), your choice of test center, and more. The last step is to pay the entry fee, which is shown below.

RBI Grade B Application fee

You can pay the RBI Grade B Application Fee online using a debit or credit card or any other payment method that RBI lists. This entry fee can’t be returned.

RBI Grade B 2024 Eligibility Criteria

This is the last and most important step before the online application process. It determines whether you can take the test or not. These conditions must be met in order for you to be able to apply online for the RBI Grade B Exam. For example, the youngest person who can join is 21 years old, and the oldest is 30 years old. Age relaxation based on government rules will also be given. The RBI has also said how many times each group can be used.

How to Choose an RBI Grade B in 2024

RBI will start the selection process stages exactly one month after the online application process ends. Those who applied will have to show up for these stages. There are three steps to the RBI Grade B Selection Process:

Phase I: This part has objective questions about basic knowledge, reasoning, the English language, and math skills. The total number of points is 200, and the test will be given online. There will be multiple-choice questions (MCQs) in both Hindi and English. People who are applying should know that this is just a qualifying test and will not be added to the final list of winners.

Second Stage: People who pass the first stage will take the second stage exam. It has three parts: economic and social problems, writing skills in English, and money and management. Phase 2 has a different set of lessons and tests for general, DEPR, and DSIM jobs.

Interview: Those who made it through Phase II are finally called for the Interview stage. If candidates really understand how the RBI Grade B selection process works, they can study better and have a better chance of passing the test.

RBI Grade B 2024 Exam Pattern

We talked about the RBI Grade B Exam Pattern in this part. Read through the bullet points and tables that have information about the Phase 1 and Phase 2 Exam Patterns.

The RBI Grade B Prelims exam will be 200 marks with a total time duration of 120 minutes.
There will be a specific sectional duration, which will be mentioned in the admission letter.
There will be four main sections.

Those who pass the preliminary exam will be able to take the main test, also known as Phase 2.

• There are three separate papers in the main exam.
• For RBI Grade B Officers in Gr B (DR)- General, candidates have to appear for papers I, II, and III.
• For RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, candidates have to appear for papers II and III.
• Papers I and III are 50% Objective and 50 % descriptive, while Paper II is Descriptive only.
• Each paper will be worth 100 marks.
• The English paper is a descriptive test.

RBI Grade B Officer Interview

Candidates will be chosen for the interview based on their performance on Paper I, Paper II, and Paper III of the Phase II test as a whole. The conversation will be worth 75 points.

RBI Grade B 2024 Syllabus

After you know how the test is set up, you should go into more detail and break the material into smaller pieces to start studying. To pass the exam steps, the RBI Grade B Syllabus is very important. The syllabus for the RBI Grade B test is very long and covers a lot of different subjects that are important in banking, the economy, and finance. Most of the topics that are on the syllabus are

For Phase 1 Exam:

The following topics make up the RBI Grade B Phase 1 Exam. In the General Awareness section, you’ll learn about things like acquisitions and mergers, current events that are important on a national and worldwide level, banking and finance, and more. You will see that the questions in Quantitative Aptitude, Reasoning, and English Language are the same as those on the main bank tests if you want to work in banking.

Awareness in general
Quantitative Skills
Reasoning in the English Language

For Phase II Exam:

The test pattern shows that Phase 2 is made up of three papers. The areas that will be covered on the test are:

Finance and Management: Financial System, Financial Markets, Management, Ethics at Work, Accounts; Economic and Social Issues: Growth and Development, Indian Economy, Globalization, and Social Structure;

English Descriptive (which includes writing an article or a summary)
Previous Year Question Paper for RBI Grade B: Previous Year Papers for RBI Grade B are an important tool for people who want to prepare for the prestigious RBI Grade B test. The practice tests give candidates an idea of how the real test will be set up and help them get used to the kinds of questions that will be asked.

Candidates can find out what they’re good and bad at and get better at managing their time by practicing papers from past years. Our large collection of RBI Grade B Previous Year Papers can help candidates study better and improve their chances of passing the test. Begin studying right away to do well on the RBI Grade B test!

Read More: SSC CHSL 2024 Exam Date: Application Process, Admit Card, Syllabus & Pattern!

RBI Grade B Salary and Job Profile

When it comes to people who want to work in banking, the best thing about the RBI Grade B Officer job is the pay that new employees get. Job applicants who pass the RBI Grade B 2024 Exam and are chosen as Officers will get 12 to 14 Lac per year in pay.

The exact pay range for an RBI Grade B Officer is Rs 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. Those who are chosen will get a basic pay of Rs. 55,200/-, and every nine years of service, they will get an extra Rs. 2,850/-.A newly hired Grade B Manager makes about Rs. 1,16,914 a month in cash pay.

What is the Job Profile of an RBI Grade ‘B’ Officer?

Being a Grade B Officer is an interesting job, and so is the pay. After becoming a grade B cop, candidates are put on probation for two years, during which time their work is evaluated. These are some of the things that the grade B boss needs to do.

They have to help the central bank run the offices that were given to them, gather data, and analyze it.
Potential candidates who are chosen may be sent anywhere in India.
They are in charge of the country’s money supply and must print bills and coins, monitor movement, and fight counterfeiting.

As part of their jobs, they also have to do administrative work, such as writing reports, running meetings, and coordinating with other RBI offices to ensure smooth operation.

Read More: SSC CHSL 2024 Exam Date: Application Process, Admit Card, Syllabus & Pattern!

How to Prepare for RBI Grade B 2024?

What’s the last question you want to know about the RBI Grade B Exam? “How do I prepare for such a highly sought-after exam?” We can also help you with that. At Adda247, we give you tools and tips to help you study for the understanding test. Besides that, our experienced teachers will give you good advice. Feel free to join our practice tests or use the link above to get the RBI Grade PYPs.

If you really want to become an RBI Grade B Officer, then you need to do what’s written below. Most of the time, there is only a 1.5-month window between the online application date and the Phase I test date. These are some of the most important things the candidates should remember as they study for the test:

Go through the entire RBI Grade B Latest syllabus and the Previous Year Question papers. It will help give you an idea of what is asked of you in the exam.
After that, sort out all the chapters in Economic and Social Issues and Finance & Management and make a study plan to cover them thoroughly.
Focus on Current Affairs, Government Schemes, RBI Reports and Indices, and other topics important from the exam point of view.
Also, keep practicing questions for Quantitative Aptitude, Reasoning, English, and Current Affairs.
Join a mock test series to assess your preparation in real time.