RBI Grade B Recruitment 2022: Check Dates, Vacancies, Salary & More
RBI Grade B Recruitment 2022: The Reserve Bank of India conducts RBI Grade B Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. RBI announced the total number of vacancies for the RBI Grade B 2022 exam along with its official notification on March 28, 2022. According to the RBI Grade B notification, there are 294 vacancies this year.
Practice All RBI Grade B Exam Questions with Hints & Solutions Here!
The RBI Grade B 2022 selection process is based on 3 Phases: Phase-I, Phase-II, and Interview (General). In the case of other posts like DSIM/DEPR, there shall be only one exam and directly an interview. Candidates need to clear all these phases of the selection process in order to get selected for the post of Grade B Officer in the RBI. Check out the article to know more about the dates, vacancies, eligibility, exam pattern, syllabus and other relevant details.
RBI Grade B Recruitment 2022 Overview
Before getting into the details of RBI Recruitment 2022 for Grade B officers, let us have a look at the overview of RBI Grade B examination mentioned below:
Reserve Bank of India (RBI)
RBI Grade B
Officers in Grade B (DR)- General- PY 2022 Officers in Grade B (DR)- DEPR PY 2022 Officers in Grade B (DR)- DSIM PY 2022
Phase 1 (Complete) Phase 2 Interview
RBI Grade B Salary
Rs. 55,200 (Basic Pay)
RBI Grade B Recruitment 2022 Dates
Candidates can check important dates of the RBI Grade B Exam as mentioned below:
RBI Grade B Phase I result for General Officer Post
June 8, 2022 (Out)
RBI Grade B Phase-II Paper I, II & III for General Officer Post
June 25, 2022
RBI Grade B Phase-I Exam for DEPR, DSIM Officer Posts
July 2, 2022
RBI Grade B Phase-II Paper II & III for DEPR, DSIM Officer Posts
August 6, 2022 (Tentative)
To be notified
Declaration of the final result
To be notified
RBI Grade B Vacancies 2022
Candidates appearing for the RBI Recruitment 2022 for Grade B officers examination can check category-wise RBI Grade B vacancy 2022 from the table below:
Unreserved, i.e., General (GEN/UR)
Scheduled Castes (SC)
Scheduled Tribes (ST)
Other Backward Classes (OBC)
1. Officers in Grade ‘B’(DR)- General
2. Officers in Grade ‘B’(DR)- DEPR
3. Officers in Grade ‘B’(DR)- DSIM
NOTE: () indicates backlog vacancies.
RBI Grade B Salary
Candidates selected for RBI Grade B will be offered an annual salary of 12-14 lakhs. Along with a monthly salary, candidates will get several perks and allowances. It includes Dearness, House Rent, Family, Travel and telephone allowances. At present, initial monthly gross emoluments are ₹83254/- (approx). The House Allowance of 15% of Basic Pay will be paid if accommodation is not provided by the Bank.
RBI Grade B Eligibility Criteria
Candidates must make sure that they fulfil all the RBI Grade B eligibility criteria. If there is any discrepancy in the candidate’s eligibility, the candidate will be disqualified, and they will not be called for the interview.
Nationality: A Candidates must be either:
A citizen of India, or
A subject of Nepal, or
A subject of Bhutan, or
A Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or
A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
Age Limit: Between 21 to 30 years.
Relaxation In Age Limit: The upper age prescribed below will be relaxed:
Relaxation in upper age limit
Up to 5 years
Up to 3 years
Ex-employees of banking institutions
Up to 5 years
State of Jammu and Kashmir
Up to 5 years
Up to 5 years
Gen/EWS – PwBD
Candidates having experience as an officer in Commercial Bank/Financial institutions in Public Sector
For eligible staff candidates
According to the RBI circular
For recruitment to Gr. B (DR) – DEPR/DSIM. Candidates having a Master’s Degree with Research/ Teaching experience at a recognized Indian/ Foreign University/ Institute
Education Qualification for Officers in Grade B (DR) – General:
A minimum of 60% marks (55% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.
The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree should be aggregate of all the semesters/ years.
Education Qualification for Officers in Grade B (DR) – DEPR:
Essential: A Master’s Degree in Economics/ Econometrics/ Quantitative Economics/ Mathematical Economics/ Integrated Economics Course/ Finance, with a minimum of 55% marks (50% for SC, ST and PwBD candidates) or an equivalent grade in aggregate of all semesters/ years from a recognized Indian or Foreign University/Institute.
Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered an additional qualification.
Education Qualification for Officers in Grade B DR – DSIM
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 a one-year postgraduate 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.
Number of Attempts
Candidates belonging to unreserved, i.e. General Category, who have already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD if the posts are reserved for them. Even the employees of RBI (Staff Candidates) are eligible to appear for this exam. The eligibility criteria for RBI Staff is separately stipulated by the Bank vide their circular.
RBI Recruitment for Grade B Officers – Important Documents
Here are some essential documents that a candidate needs to have before they start filling the application form:
Scanned Image should be of the following format as mentioned below:
In JPG or JPEG format
20KB – 50KB
Signature (Not in Capitals)
10KB – 20KB
Left Thumb Impression
10KB – 20KB
Hand Written Declaration
20KB – 50KB
The Hand Written Declaration
Personal Email ID and Mobile Number (must be active till the completion of the recruitment process)
Note that the board will not communicate with the candidates through any means other than Email/SMS.
RBI Grade B Recruitment: Key Points to Note Before Application Process
Candidates should keep the following key points in mind when filling out the application form:
Candidates are required to fill in all the required details correctly.
Candidates should upload all the required documents in the application form.
Verify all the information and the uploaded documents before the Final Submit.
Note that once candidates click on the “Final Submit” button, there is no possibility to make any changes. So, make sure that candidates fill in all the details correctly to avoid disqualification or rejection of the candidature.
Click on the Payment tab to proceed with the payment of the RBI Grade B Application fee.
Click on Submit button and take the printout of the RBI Grade B application form.
Note: There will be no refund of application fees if the RBI Grade B application form has been found invalid due to any mistake committed by the applicant.
RBI Grade B Recruitment – Registration Process
Before filling the RBI Grade B Application Form, candidates are required to register themselves. Here is the process to register for RBI Grade B as mentioned below:
1st Step: Go to the official website of RBI. 2nd Step: Under Opportunities @RBI click on the Current Vacancies and go to the Vacancies. 3rd Step: Click on the ‘Online application form’. 4th Step: It will redirect to the online registration page. 5th Step: In order to do the registration, click on the link available on the tab ‘Click Here for New Registration’. 6th Step: Enter Name, Contact details and Email-ID. 7th Step: After submitting the above details, a provisional registration number and password will be generated. 8th Step: An email which will be having the provisional registration number and password will also be sent.
RBI Grade B Application 2022
After the registration is over, candidates can fill the application form in Online mode. No other means or mode of sending the application form will be accepted. Check the following steps to fill application form mentioned below:
1st Step: Visit the official website of the Reserve Bank of India. 2nd Step: Click on the online application form for the post. 3rd Step: Now log in using the login and password generated during registration. 4th Step: Fill in all the details asked and upload all the required documents such as the signature, photo, and handwritten declaration. 5th Step: Now submit the application fee as per the candidate’s category. 6th Step: Take out the print of the RBI recruitment application form and fee payment receipt.
Note: Candidates need to apply online through the official website of RBI. In case if the candidate wants to apply for both the posts, i.e. Gr. B (DR) – General and Gr. B (DR) – DEPR / DSIM, then they are required to apply and pay the fees for both the posts separately.
RBI Grade B Application Fee 2022
Candidates can make the payment of RBI Recruitment for Grade B Application Fee only through the online mode:
Intimation Charges only
Application fee including intimation charges
For payment of the application fee, candidates can use any one of the below-mentioned modes:
Debit Cards (RuPay/Visa/MasterCard/Maestro)
Cash Cards/ Mobile Wallets
Note: Please do not hit the refresh button while making the payment to avoid a double charge. After the payment, an e-receipt will be generated. Take the print-out of that receipt. If the e-receipt is not generated, then it means that the payment has been unsuccessful.
RBI Grade B Recruitment Exam Centres
Allotment of the exam centre will be based on a ‘first-apply-first allot’ basis, so candidates can apply as soon as possible to get the exam centre of their choice. Once the capacity of a particular Centre is attained, the same will be frozen. No change in the exam centre will be done once allocated. There will be a separate exam centre for Phase 1 and Phase 2.
RBI Officer Grade B Exam Centers for Phase 1
There are over 147 exam centres present across the country for Phase 1. So all the candidates who will be appearing for Phase 1 will be allocated from any one of the below exam centres:
The Selection process for GR (DR) General, GR (DR) DEPR and GR (DR) DSIM includes written examinations and interviews. The written exam for GR (DR) General consists of 2 phases, and for GR (DR) DEPR and GR (DR) DSIM, the exams are conducted for 3 papers. 1 is a subject-specific objective paper, and 2 papers are descriptive in nature. The details of the exam pattern and selection are explained below:
RBI Grade B Exam Pattern 2022
Let us take a look at the exam patterns for various RBI Grade B posts.
Phase I will be a total of 200 marks. The examination will be conducted in multiple shifts depending upon the number of candidates. The time duration for Phase I is 2 hours. Candidates will be appearing in any one of the shifts depending upon the shift allotted by the board.
Number of Questions
Candidates have to secure minimum marks in phase I to get selected for phase II. The minimum aggregate cutoff marks will be decided by the board.
RBI Grade B Phase 2
Candidates qualified in Phase 1 will be called for phase II. In phase 2, candidates are required to appear for all the shifts. A separate admission letter will be allotted for each shift. The time duration for each paper is 90 minutes. The timetable for the three papers will be mentioned in the admit card of the candidate.
Paper I Economic and Social Issues
Paper II English Descriptive type, to be typed with the help of keyboard
Paper III Finance and Management
3. RBI Grade B Interview
Based on total aggregates marks scored in Phase 2 (Paper I, II and III), candidates will be shortlisted for the interview process. The total marks allotted for the interview process is 50. To appear for an interview, candidates will be given the option of two languages Hindi and English. After the interview, the authorities will issue a merit list of selected candidates.
RBI Grade B (DR)-DEPR Exam Pattern 2022
The RBI Grade B (DR)-DEPR Officer primarily undertakes economic analysis and research. Also, contribute to policy formulation apart from the compilation of data. The selection of candidates is based on Online/Written examinations and interviews. There are three papers for the examination where Paper I is an objective type, and Paper II, and III are descriptive types. The paper II and III examinations will be conducted for the candidates shortlisted based on the results of Paper I. Check the following Exam Pattern as mentioned below:
Name of Paper
Paper I Objective Type (Economics)
Paper II Descriptive Type (Economics) (Question paper displayed on the computer, answers to be written on paper)
Paper III English – Descriptive Type (To be typed with the help of a keyboard)
RBI Grade B (DR)-DSIM Exam Pattern 2022
The RBI Grade B (DR) DSIM officer primarily takes the following job responsibilities as mentioned below:
Undertakes collection, compilation, analysis and interpretation of data on banking, corporate and external sectors.
Modelling and forecasting of inflation, growth and other important macroeconomics indicators
Analytical studies involving statistical/econometric models in the operational areas of interest to the Reserve Bank
Planning, designing and organizing sample surveys
Maintaining technology-driven centralized reporting system and Data warehouse for information management /dissemination
Development of methodology for the measurement and estimation of variables and improvement of the database of various sectors of the economy.
The selection will be through an Online/written exam and interview. There are three papers for the examination. Candidates will be given 120 marks for Paper I. Candidates securing aggregate marks in Paper I will be shortlisted for Paper II and Paper III. The minimum marks cut off marks are decided by the board based of the number of vacancies. Candidates are required to appear for all the shifts. Check the exam pattern for GR (DR) DSIM mentioned below:
Name of Paper
Paper I Objective Type (on Statistics)
Paper II Descriptive Type (on Statistics) (Question paper displayed on a computer, answers to be written on paper)
Paper III English – Descriptive Type (To be typed with the help of keyboard)
General Awareness English Language Quantitative Aptitude and; Reasoning
Paper I – Economic and Social Issues Paper II – English (Writing Skills) Paper III -Finance and Management
RBI Grade B (DR)- DEPR Syllabus
(i) Standard of papers on Economics would be that of Master’s Degree examination in Economics of any Central University in India.
(ii) Syllabus for English: Essay, Précis writing, Comprehension and Business/Office Correspondence.
RBI Grade B (DR)- DSIM Syllabus
Paper I: Questions would cover Probability: Definition of Probability, Standard distribution, Large and small sample theory, Analysis of Variance, Estimation, Testing of Hypotheses, Multivariate analysis and Stochastic Processes.
Paper II: (i) Probability and Sampling (ii) Linear Models and Economic Statistics (iii) Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test (iv) Stochastic Processes (v) Multivariate analysis (vi) Numerical Analysis and Basic Computer Techniques.
Paper III: English: Essay, Précis writing, Comprehension and Business/Office Correspondence.
RBI Grade B Recruitment Admit Card 2022
Aspirants who have successfully applied for the examination can download the admit card from the official website. The RBI will release RBI Grade B admit card 2022 for Phase I and Phase II separately. The admit card will be sent to the registered mail addresses of the selected candidates. RBI Admit card is a mandatory document and must be carried to the exam hall.
RBI Grade B Recruitment Answer Key 2022
The RBI will release the answer key after the completion of the examination. Candidates will be able to download the answer key from the official website after it is officially released. Check the following steps to download the answer key as mentioned below:
Go to the official website of Reserve Bank of India.
Click on the link RBI Grade B 2022 Answer Key appearing on the homepage.
A login page will appear. Enter the roll number/ registration number/ date of birth/ password to download the answer key.
Download the answer key and save it for future reference.
RBI Grade B Recruitment Result 2022
RBIS has released the RBI Grade B Phase I result 2022 after the completion of the exams via the official website. After the result for Phase I is declared, RBI will release the Phase II result as well. The final merit list will be declared based on the marks scored in Phase II and the interview. Candidates can check the following steps to download the results mentioned below:
1st Step: Visit the official website of RBI at www.rbi.org.in. 2nd Step: Click on the link ‘Opportunity@RBI’ to download the result. 3rd Step: After that, select the tab of ‘Current Vacancies’ and then click on the link of ‘Results of RBI Grade B’. 4th Step: A list of the latest result will be displayed on the screen. 5th Step: Then, enter the roll number and download the result. 6th Step: After that, take out the print for future reference.
To clear the exam, the candidate must score the cut-off marks as decided by the board. The cut off is based on the number of vacancies, candidates appearing for the exam, and difficulty level of the exam. The cutoff for the RBI Grade B exam will be released after completion of each Phase. For now, candidates can check the previous year cut-off from below:
RBI Grade B Recruitment 2019 Phase I cut-off
FOR SC, ST, PwD (OH/HI/VH):
SC, ST, PwD (OH/HI/VH)
FAQs Regarding RBI Grade B Recruitment 2022
The frequently asked questions on RBI Grade B Recruitment are given below:
Q.1: When will the RBI Grade B Phase I Admit Card be released?
Ans: The RBI Grade B Phase I admit card has been released on March 13, 2022 on the official website. Steps to download the admit card are given in this article.
Q.3: What is the last date for the online application? Ans: The last date for online application was April 18, 2022.
Q.4: When is Phase I and II RBI Grade B Exam for General Officers scheduled?
Ans: The Phase I and Phase II exam is scheduled on May 28, 2022 and June 25, 2022 respectively.
Q.5: How many vacancies have been announced for RBI Grade B 2022?
Ans: The total number of vacancies announced for RBI Grade B is 294.
Q.6: What is the application fee for the RBI Grade B examination?
Ans: The application fee for the RBI Grade B exam is Rs. 850 for General and OBC categories. Check the article for more details.