Every year Reserve Bank of India (RBI) conducts RBI Grade B 2018 Officer Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As Reserve Bank of India offers an excellent pay scale and reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancy to be filled through RBI Grade B Exam, it is really important to prepare effectively for this exam. Selection for RBI Grade B Officers will be done through a country-wide competitive Examination in three phases i.e. Preliminary and Main examination followed by an Interview.
RBI Grade B 2018 Exam Notification
Reserve Bank of India will release the recruitment notification for the post of RBI Grade B Officer in the month of May, 2018. RBI Grade B 2018 exam has a three phase selection process. The Phase-I of the RBI Grade B 2018 Exam is tentatively scheduled in June 2018. Phase-II of this exam will be conducted tentatively in the month of July 2018.. Candidates who get selected after Phase-II of the exam are called for the final interview process.
RBI Grade B Salary 2018
All the Officers selected through RBI Grade B 2018 Exam will be given the annual salary of 12-14 Lac. Along with this CTC comes numerous emoluments and perks. The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. This means that you will be having basic pay of Rs. 35,150/- in which you will get an increment of Rs. 1,750/- up till nine years of your service. After the completion of nine years you will get into the executive band wherein the basic pay will be of Rs. 50,900/- and then again for the next two years you will get an increment of Rs. 1,750/- and further an increment of rs. 2000/- for the following 2 years thus ending up with the basic pay of Rs. 62,400/- and this is when you don’t get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.
RBI Grade B 2018 Exam Pattern
RBI Grade B 2018 Exam is conducted in three phases:
- Phase-I exam
- phase-II exam and
- interview process
Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.
RBI Grade B Exam Pattern Prelims
|Serial Number||Section Asked||No. of Questions||Maximum Marks||Duration|
|1.||General Awareness||80||80||Composite time of 2 hours|
RBI Grade B Exam Pattern Mains
|Serial Number||Section Asked||Paper Type||Maximum Marks||Duration|
|1.||Economics and Social Issues||Objective||100||90 minutes|
|2.||Finance and Management||Descriptive||100||90 minutes|
|3.||English (Writing Skills)||Objective||100||90 minutes|
RBI Grade B Officer Interview Process
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.
RBI Grade B Exam Cut Off
The cut off for RBI Grade B 2018 Exam will be released after each phase of examination is completed. The cut-off for the Phase-I exam will be released first followed by cut off for Phase-II exam. Candidates can evaluate their marks and their chances of selection by matching their score with the cut off list released by RBI.
Official RBI Grade B Cut Off 2017 – Phase I
|GENERAL AWARENESS||General||OBC||SC||ST||PWD (OH/HI/VH)|
Cut Off marks for RBI Grade-B Phase-II and III – 2016
|Aggregate of Paper- I, Paper-II and Paper-III||Gen||OBC||SC||ST|
|Aggregate marks in Written exam & Interview||225.50||211.00||204.25||210.25|
RBI Grade B 2018 Exam Dates
The RBI Grade B Officer exam activity begins in the month of May and culminates in August month of 2018. The important dates for RBI Grade B Officer Exam 2018 are as follows:
|Release of online application form||May 2018|
|Commencement of Phase-I exam||June 2018|
|Declaration of result of Phase-I exam||End of June 2018|
|Commencement of Phase-II exam||July 2018|
|Declaration of result of Phase-II Exam||August 2018|
|Interview Process||August 2018|
|Declaration of final result||August 2018|