The Reserve Bank of India (RBI) is poised to unveil the RBI Grade B 2024 Notification in April 2024, signaling the commencement of recruitment for Grade B Officers across three distinct categories:
- Officers in Grade ‘B’ (DR)– (General): These officers wield significant influence across various RBI departments.
- DEPR (Department of Economic and Policy Research): Officers in this division focus on economic analysis, policy formulation, and research.
- DSIM (Department of Statistics and Information Management): Officers in this sector manage statistical analysis and information.
Here are some essential details regarding the impending RBI Grade B 2024 recruitment:
- Online Application Process: Anticipated to commence following the official notification release.
- Phase 1 Exam: Scheduled approximately a month after the conclusion of online applications, slated for June/July 2024.
- Selection Process: Comprising three phases – Phase I, Phase II, and an Interview, with final selection contingent upon performance in Phase II and the interview.
- Eligibility Criteria: Eligibility criteria may vary marginally based on the specific post, necessitating candidates to consult the official RBI notification for precise details.
- Preparation: Aspirants are strongly advised to prepare diligently, utilizing previous years’ question papers, study materials, and mock tests to bolster their prospects of success.
Watch out for the official notification, which will furnish comprehensive information concerning vacancies, syllabus, exam pattern, and more. If you’re keen on applying for the RBI Grade B 2024 recruitment, keep a lookout for the imminent announcement!
RBI Grade b syllabus
The RBI Grade B examination stands as a prestigious gateway for individuals aspiring to join the esteemed ranks of the Reserve Bank of India. Let’s explore the syllabus and exam pattern for this sought-after examination:
RBI Grade B Syllabus 2024:-
The RBI Grade B 2024 syllabus holds paramount importance in your preparatory journey. It is bifurcated into two phases: Phase 1 and Phase 2, each with distinct characteristics:
Phase 1:-
- Subjects: General Awareness, Reasoning, English Language, and Quantitative Aptitude.
- Question Type: Multiple Choice Questions (MCQs).
- Total Marks: 200.
- Duration: 2 hours.
- Negative Marking: 1/4th mark deduction for each incorrect response.
Phase 2:-
Subjects (Varies based on the post)-
-
- General (DR): Economics, Statistics, and English Language (comprising both MCQs and Descriptive Type).
- DEPR (Department of Economic and Policy Research): Economic and Social Issues, English (writing skills), and Finance and Management.
- DSIM (Department of Statistics and Information Management): Statistics and English (encompassing both MCQs and Descriptive Type).
- Total Marks: 300 (distributed across three papers).
- Negative Marking: Applicable as per the specific paper.
Exam Pattern Overview:-
- Phase 1: Conducted as a computer-based test featuring four sections (General Awareness, Reasoning, English, and Quantitative Aptitude).
- Phase 2: Comprises three papers, each tailored to the respective subjects, incorporating both MCQs and descriptive questions.
- Overall Cut-off: Candidates must secure sectional cut-offs alongside the overall cut-off to successfully clear the examination.
It’s imperative to embark on thorough preparation and gain a comprehensive understanding of the syllabus. For further guidance, you can access the detailed RBI Grade B Syllabus PDF. Wishing you the best of luck with your preparations!
RbI Grade b salary
The Reserve Bank of India (RBI) presents an appealing salary package for its Grade B officers. Let’s delve into the particulars:
RBI Grade B Salary Structure:-
Basic Pay: The starting basic salary for an RBI Grade B Officer is Rs. 55,200 per month.
Grade Allowances: An additional Rs. 6,800 is allocated as Grade Allowance.
Dearness Allowance (DA): DA constitutes 31% of the basic salary.
Housing Allowance: RBI offers 2BHK/3BHK flats to Grade B employees.
Other Allowances: Various additional allowances encompass Local Compensatory Allowance, Telephone Allowance, and more.
Gross Monthly Emoluments:-
For new appointees, the gross monthly emoluments sum up to approximately Rs. 1,08,404.
Deductions:-
However, certain deductions are made, resulting in a net in-hand salary of around Rs. 80,000 (approximately).
Career Progression:-
Grade B officers receive yearly increments.
Following 9 years of service, an additional increment of Rs. 3,300 is bestowed every 4 years.
The total basic pay can escalate to Rs. 86,550.
It’s noteworthy that alongside the salary, RBI Grade B officers relish various perks and benefits, including a highly respectable position, job security, and a pension plan. If you’re contemplating a career path with the RBI, the Grade B position stands as an exceptional choice!
RBI Grade b cut off
The Reserve Bank of India (RBI) administers the RBI Grade B examination, with cut-off marks playing a pivotal role in candidate selection. Let’s delve into the recent trends in RBI Grade B cut-offs:
RBI Grade B Cut-Off 2023 (Phase 2 – DEPR/DSIM):
Cut-off marks are delineated category-wise for DEPR/DSIM positions. Here are the aggregate cut-off marks for various stages:
Phase I (Paper-I and Paper-II):
- General: 112.00
- OBC: 102.00
- SC: 98.00
- ST: 98.00
- EWS: 112.00
- PwD: 98.00
Phase I and Phase II (Paper-I and Paper-II) combined (for shortlisting candidates for interview):
- General: 254.17
- OBC: 234.50
- SC: 226.17
- ST: 226.17
- EWS: 254.17
- PwD: 226.17
Aggregate marks in online/written examination (Phase I and Phase II) and interview taken together (obtained by the last recommended candidate concerning the number of vacancies notified):
- General: 322.00
- OBC: 293.17
- SC: 275.17
- ST: 258.17
- EWS: 301.67
No candidate was shortlisted for the interview phase.
RBI Grade B Prelims Cut-Off 2024
- For the general category, the preliminary cut-off is 112.
- For SC and ST categories, the preliminary cut-off is 98.0.
It’s imperative to note that cut-off marks represent the minimum scores required to qualify for the exam. Aspirants should aim to surpass these cut-offs to bolster their chances of selection. Wishing you the best of luck with your preparation!