RBI Grade B Future Prospects (Career Path/Career Progression)May 16, 2023
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RBI Grade B Recruitment 2023: 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. The RBI released the RBI Grade B official notification on their official website. The notification includes all the important details related to the RBI Grade B recruitment 2023, number of vacancies, exam dates, and more.
|Practice Unlimited RBI Grade B Phase 1 Questions|
|Practice RBI Grade B Phase 1 Reasoning Questions||Practice RBI Grade B Phase 1 General Awareness Questions|
|Practice RBI Grade B Phase 1 Quantitative Aptitude Questions||Practice RBI Grade B Phase 1 English Language Questions|
*Steps to practice unlimited questions are given below.
The RBI Grade B 2023 selection process includes 3 Phases: Phase 1, Phase 2, 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.
Before getting into the details of RBI Recruitment 2023 for Grade B officers, let us have a look at the overview of RBI Grade B examination mentioned below:
|Conducting Body||Reserve Bank of India (RBI)|
|Exam Name||RBI Grade B|
|Posts||Officers in Grade B (DR)- General- PY 2023|
Officers in Grade B (DR)- DEPR PY 2023
Officers in Grade B (DR)- DSIM PY 2023
|Vacancies||To be Announced|
|Recruitment Basis||Direct Recruitment|
|Selection Process||Phase 1|
|RBI Grade B Salary||Rs. 55,200 (Basic Pay)|
|Job Location||Across India|
Candidates can check important dates of the RBI Grade B Exam as mentioned below:
|RBI Grade B Admit Card 2023 (General)- Phase 1||To be Announced|
|Officers in Gr B (DR)- General Phase I Exam||July 9, 2023|
|RBI Grade B Admit Card 2023 (General)- Phase 2||To be Announced|
|Officers in Gr B (DR)- General Phase II Exam||July 30, 2023|
|RBI Grade B Admit Card 2023 DEPR- Phase 1||To be Announced|
|Officers in Gr B (DR) – DEPR Phase I Exam||July 16, 2023|
|Release of Phase II DEPR Admit Card||To be Announced|
|Officers in Gr B (DR) – DEPR Phase II Exam||September 2, 2023|
|RBI Grade B Admit Card 2023 DSIM- Phase 1||To be Announced|
|Officers in Gr B (DR) – DSIM Phase I Exam||July 16, 2023|
|Release of Phase II DSIM Admit Card||To be Announced|
|Officers in Gr B (DR) – DSIM Phase II Exam||August 19, 2023|
|Interview Dates||To be Announced|
Know the steps to practice questions on the RBI Grade B Phase 1 exam below:
The total number of vacancies for the 2023 recruitment cycle will be announced in the official notification. Until then, candidates can check the RBI Grade B vacancy for the 2022 recruitment cycle from the table below:
|Officers in Grade ‘B’ (DR) – General||222|
|Officers in Grade ‘B’ (DR) – DEPR||38|
|Officers in Grade ‘B’ (DR) – DSIM||31|
|Programme Coordinator (College of Supervisors) on contract basis||2|
|Communication Consultant Media Analyst on contract basis||1|
Candidates selected for RBI Grade B will recieve a basic pay of a Grade B Officer in RBI is ₹ 55,200/- p.m. Furthermore, the pay scale is ₹ 55200-2850 (9)-80850-EB-2850 (2)-86550-3300 (4)-99750 (16 years). 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.
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:
Age Limit: Between 21 to 30 years.
Relaxation In Age Limit: The upper age prescribed below will be relaxed:
|Category||Relaxation in upper age limit|
|SC/ST||Up to 5 years|
|OBC||Up to 3 years|
|Ex-employees of banking institutions||Up to 5 years|
|State of Jammu and Kashmir||Up to 5 years|
|Ex-servicemen||Up to 5 years|
|Gen/EWS – PwBD||10 years|
|SC/ST/ PwBD||15 years|
|OBC PwBD||13 years|
|Candidates having experience as an officer in Commercial Bank/Financial institutions in Public Sector||3 years|
|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||3 years|
Education Qualification for Officers in Grade B (DR) – General:
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
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.
Here are some essential documents that a candidate needs to have before they start filling the application form:
|In JPG or JPEG Format||Size|
|Photograph||20KB – 50KB|
|Signature (Not in Capitals)||10KB – 20KB|
|Left Thumb Impression||10KB – 20KB|
|Hand Written Declaration||20KB – 50KB|
Note that the board will not communicate with the candidates through any means other than Email/SMS.
Candidates should keep the following key points in mind when filling out the 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.
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:
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:
Note: Candidates need to apply online through the official website of RBI. In case the candidate wants to apply for both 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 posts separately.
Candidates can make the payment of RBI Recruitment for Grade B Application Fee only through the online mode:
|SC/ST/PwBD||Intimation Charges only||Rs.100/-|
|GEN/OBC||Application fee including intimation charges||Rs.850/-|
For payment of the application fee, candidates can use any one of the below-mentioned modes:
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.
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:
|State/ Union Territories||Centre|
|Andaman & Nicobar||Port Blair|
|Andhra Pradesh||Guntur, Kakinada, Tirupati, Chirala, Kurnool, Nellore, Vijaywada, Rajahmundry, Vizianagaram Vishakhapatnam|
|Arunachal Pradesh||Naharlagun city|
|Assam||Dibrugarh, Guwahati, Jorhat, Silchar, Tezpur|
|Bihar||Arrah, Bhagalpur, Darbhanga, Muzaffarpur, Patna|
|Chhattisgarh||Raipur, Bhilai, Bilaspur (CG)|
|Daman & Diu||Rajkot|
|Gujarat||Ahmedabad, Anand, Mehsana, Gandhi Nagar, Rajkot, Surat, Vadodara|
|Haryana||Ambala, Hissar, Kurukshetra, Karnal|
|Himachal Pradesh||Hamirpur, Solan, Shimla|
|Jammu & Kashmir||Jammu|
|Jharkhand||Bokaro, Dhanbad, Hazaribagh, Jamshedpur, Ranchi|
|Karnataka||Bengaluru, Gulbarga, Hubli, Mangalore, Mysore, Shimoga, Udipi|
|Kerala||Kannur, Kochi, Alappuzha, Kottayam, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam|
|Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur, Sagar, Ujjain|
|Maharashtra||Amravati, Aurangabad, Jalgaon, Kolhapur, Mumbai / Navi Mumbai / Thane, Nagpur, Nasik, Pune|
|New Delhi||Delhi-NCR, Delhi, Ghaziabad, Noida& Greater Noida, Faridabad, Meerut, Gurugram|
|Orissa||Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Rourkela, Sambalpur|
|Punjab||Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala|
|Rajasthan||Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur|
|Tamilnadu||Chennai, Coimbatore, Erode, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Tirunelvelli|
|Telangana||Hyderabad- Rangareddy, Karimnagar, Warangal|
|Uttar Pradesh||Agra, Allahabad, Aligarh, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, Moradabad, Muzzafarnagar, Varanasi|
|Uttarakhand||Dehradun, Haldwani, Roorkee City|
|West Bengal||Asansol, Berhampore (WB), Kolkata, Greater Kolkata, Hooghly, Kalyani, Siliguri|
RBI Officer Grade B Exam Centers for Phase 2
|Ahmedabad – Gandhi Nagar||Jammu|
|Kolkata||Mumbai- Navi Mumbai|
|Chennai||New Delhi- NCR|
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. One paper is a subject-specific objective paper, and two papers are descriptive in nature. The details of the exam pattern and selection are explained below:
Let us take a look at the exam patterns for various RBI Grade B posts.
The RBI Grade B exam pattern for Grade B (DR)- General- PY 2023 are as follows:
Phase 1 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.
|Subjects||Number of Questions||Maximum Marks|
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 2. 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.
|Paper 1 Economic and Social Issues||Objective type||100|
|Paper 2 English |
Descriptive type, to be typed with the help of keyboard
|Paper III Finance and Management||Objective type||100|
RBI Grade B Interview
Based on the total aggregate marks scored in Phase 2 (Paper 1, 2 and 3), 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.
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||Time Duration||Maximum Marks|
|Paper 1 Objective Type (Economics)||120 minutes||100|
| Paper 2 Descriptive Type (Economics) |
(Question paper displayed on the computer, answers to be written on paper)
| Paper 3 English – Descriptive Type|
(To be typed with the help of a keyboard)
The RBI Grade B (DR) DSIM officer primarily takes the following job responsibilities as mentioned below:
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||Time Duration||Maximum Marks|
|Paper I Objective Type (on Statistics)||120 minutes||100|
|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)
Candidates must be aware of the RBI Grade B syllabus while preparing for the exam. This will allow candidates to make an effective study plan and preparation strategy. Moreover, the syllabus will ensure that candidates do not miss out on any important topics that can hinder their preparation.
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 2023 for Phase 1 and Phase 2 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.
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:
RBI releases the RBI Grade B result after the completion of the exams via the official website. 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:
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 cut-off for the RBI Grade B exam will be released after each phase is completed. For now, candidates can check the previous year’s cut-off below:
|Category||General Awareness Cut-off||Reasoning||English Language||Quantitative Aptitude||Total|
|SC, ST, PwD (OH/HI/VH)||14.25||10.75||5.25||5.25||108|
The frequently asked questions on RBI Grade B Recruitment are given below:
Ans: The RBI released the RBI Grade B notification on their official website.
Ans: The RBI Grade B exam application fee is Rs. 850 for General and OBC categories. Check the article for more details.
Ans: The total vacancy list have been announced in the official notification.
Ans: The RBI Grade B selection process will have 3 phases, i.e. Phase 1, 2, and an interview process.
Ans: The application process for the RBI Grade B exam will start once the application portal will open on official website.
Also, Check the following:
|RBI Grade .B Notification||RBI Grade B Preparation Tips|
|RBI Grade B Application Form||RBI Grade B Practice Papers|
|RBI Grade B Salary||RBI Grade B Mock Test|
|RBI Grade B Job||RBI Grade B Phase I|
|RBI Grade B FAQs||RBI Grade B Books|
We hope that we have provided you with complete information on RBI Grade B Recruitment.
Stay tuned at Embibe to get the latest updates about the RBI Officer Grade B exam.
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