RBI Grade B Salary 2023: In-Hand, Job Profile, Perks & Promotion
March 27, 2023
39 Insightful Publications
RBI Grade B Selection Process 2023: Phase 1, 2, Interview
RBI Grade B Selection Process 2023: The Reserve Bank of India (RBI) specifies the selection procedure for Grade B exam in its official notification. Candidates who want to work for one of the most prestigious organisations must go through three stages of selection to be considered for this position. Those three stages are Phase 1, Phase 2 and Interview. The detailed recruitment process is available on the official website – rbi.org.in, as well as on this page.
**Steps to practice unlimited questions are given below.
Candidates need to qualify in Phase 1 in order to appear for the Phase 2 examination. Moreover, on clearing the Phase 2 exam, they will be called for an interview. The exam date of online test is expected to be released soon. Scroll down to know more about the selection process.
RBI Grade B Officer Selection Stages 2023
The RBI Grade B Recruitment 2023 exam notification will be released soon. This recruitment is composed of three stages of selection. The first and second stages are online objective tests with sectional time limits. Candidates will be selected based on their overall performance in the second stage and the interview round. The three-phase selection process is as follows:
- Stage 1: Phase 1 (Prelims)
- Stage 2: Phase 2 (Mains)
- Stage 3: Interview
Note – It is mandatory for candidates to pass all three phases to be considered for a position as a Grade B Officer in RBI offices.
RBI Grade B Phase 1 Selection Process: Prelims Exam
The Prelims exam is the qualifying round. The marks obtained at this stage will have no impact on the final result. However, in order to advance to the next stage of the selection process, candidates must get a minimum cut-off. The RBI Grade B Phase 1 exam consists of 200 questions that must be answered in 120 minutes. Each subject has its own sectional timings.
| Sections | No. of Questions | Maximum Marks | Time Duration |
|---|---|---|---|
| General Awareness | 80 | 80 | 25 minutes |
| English Language | 30 | 30 | 25 minutes |
| Quantitative Aptitude | 30 | 30 | 25 minutes |
| Reasoning Ability | 60 | 60 | 45 minutes |
| Total | 200 | 200 | 120 minutes |
Note – For the correct answer, 1 mark will be awarded and there is a negative marking of 0.25 marks for each wrong answer.
How To Practice Questions on RBI Grade B Phase 1 Exam?
Know the steps to practice questions on the RBI Grade B Phase 1 exam below:
- 1st Step: Visit Embibe’s official website, i.e., embibe.com.
- 2nd Step: Use the mobile number/email to log in.
- 3rd Step: Click on the menu bar “Getting a Government Job.”
- 4th Step: Select the Goal “Banking” from the dropdown and click on “Next.”
- 5th Step: Search and select “RBI Grade B Phase – I” on the search bar and click on “Next.”
- 6th Step: Select the preferred language and click on “Done.”
- 7th Step: Click on “Practice” from the header section.
- 8th Step: Scroll down to the “Subjects” section.
- 9th Step: Click on any RBI Grade B Phase – I subjects.
- 10th Step: Scroll down to click on the chapters from the selected subject to begin your practice.
RBI Grade B Phase 2 Selection Process: Mains Exam
RBI Grade B Phase 2 is a combination of an online objective test and a descriptive test. The exam pattern varies for DR general, DEPR, and DISM posts. Check out the paper pattern below:
Pattern for Grade B DR General
| Name of the Test | Paper Type | Total Marks | Duration |
|---|---|---|---|
| Paper 1 – Economic and Social Issues | 50% Objective and 50% Descriptive | 100 | 120 minutes |
| Paper 2 – English | Descriptive | 100 | 90 minutes |
| Paper 3 – Finance and Management | 50% objective and 50% descriptive | 100 | 120 minutes |
Pattern for Grade B DEPR
| Name of the Test | Paper Type | Total Marks | Duration |
|---|---|---|---|
| Paper 1 – Economics | Objective | 100 | 120 minutes |
| Paper 2 – Economics | Descriptive | 100 | 180 minutes |
| Paper 3 – English | Descriptive | 100 | 90 minutes |
Pattern for Grade B DSIM
| Name of the Test | Paper Type | Total Marks | Duration |
|---|---|---|---|
| Paper 1 – Statistics | Objective | 100 | 120 minutes |
| Paper 2 – Statistics | Descriptive | 100 | 180 minutes |
| Paper 3 – English | Descriptive | 100 | 90 minutes |
RBI Grade B Interview Selection Process
Based on an aggregate of marks obtained in Phase 2 (Paper 1 + Paper 2 + Paper 3) candidates will be shortlisted for the interview. The interview carries 50 marks. Candidates can opt for the interview in English or Hindi. The board will decide the minimum aggregate cut-off for being shortlisted for an interview concerning the number of vacancies.
Later, the RBI will release the list of selected candidates’ roll numbers on their website. This merit list will be prepared by adding marks secured in the Phase 2 examination and interview.
FAQs on RBI Grade B Selection Process 2023
Here are some frequently asked questions about the RBI Grade B Officer Selection Process 2023:
Q: What is the selection process for RBI Grade B?
A: Candidates have to crack the three rounds of examinations, prelims, mains, and interviews to qualify for the RBI Grade B post.
Q: Is there any negative marking for the RBI Grade B examination?
A: Yes, there is a negative marking of 0.25 marks for each wrong answer in the RBI Grade B examination.
Q: What is the mode of RBI Grade B Phase 1 exam?
A: The mode of RBI Grade B Phase 1 exam is online.
Q: How many attempts are there in the RBI Grade B?
A: Candidates can appear a maximum of 6 times and there are no limitations for the SC or ST candidates.
Q: What if I secure the overall cut-off and not the sectional cut-off in RBI Grade B exam?
A: Since it is mandatory to secure both overall and sectional cut-off marks in the RBI Grade B exam, candidates will not be shortlisted.
We hope this article on RBI Grade B Selection Process 2023 helps you. Stay tuned to embibe.com for the latest news and updates on the RBI Grade B 2023.
