RBI Grade B 2021 Recruitment Notification Out Application Form, Exam Dates, Pattern, Eligibility, Syllabus

RBI Grade B 2021 Recruitment: Every year Reserve Bank of India (RBI) 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. 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 2021 Notification

Reserve Bank of India (RBI) has released the official notification for the post of RBI Grade B Officer Exam on the employment news to recruit 322 posts of Officers. It will be an excellent opportunity for the graduates who are looking for an opportunity in Reserve Bank of India (RBI). RBI Grade B 2021 exam has a three phase selection process. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process.

RBI Grade B 2021 Exam Dates

The exam dates for RBI Grade-B Officer exam has been released along with its Official Notification. The important dates for RBI Grade B 2021 Officer Exam are as follows:

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RBI Grade-B Exam Dates 2021
RBI Grade-B Events Date
Release of RBI Grade B Notification 25th January 2021
Online Application Form Starts 28th January 2021-15th February 2021
Online Payment of Application Fees / Intimation Charges: 28th January 2021
Commencement of Phase-I exam: Grade-B General 1st March 2021
Commencement of Phase-II exam: Grade-B General 1st April 2021
RBI Grade-B- DEPR / DSIM Paper-II & III (Online/Written Examination) 31st March 2021
Interview Process To be notified later
Declaration of final result To be notified later

RBI Grade B 2021 Online Application

The online application for RBI Grade B 2021 will start from 28th January 2021 and the closing date for the same is 15th February 2021

RBI Grade B Vacancy 2021

Reserve Bank of India (RBI) had release the total number of vacancies for RBI Grade B 2021 exam along with its Official Notice. This year, RBI introduced 322 vacancies. Last year, the total number of vacancies was 199. Let’s have a look at the vacancy for RBI Grade B 2020 Exam.

Serial Number Posts Vacancy
1. Officers in Grade ‘B’(DR)- General 270
2. Officers in Grade ‘B’(DR)- DEPR 29
3. Officers in Grade ‘B’(DR)- DSIM 23
Total 322

RBI Grade B Salary 2021

All the Officers selected through RBI Grade B 2021 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.

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RBI Grade B 2020 Application Fee

Application Fee for RBI Grade B Examination 2020 has to be paid in online mode only. Fee payable for various categories is indicated in the table below:

Category Charges Amount
SC /ST/ PWD Intimation Charges only INR 100/-
GEN/ OBC/ EWS Application fee including intimation charges INR 850/-
Staff Nil Nil

RBI Grade B 2021 Exam Pattern

RBI Grade B 2021 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 for Prelims Exam

Serial Number Section Asked No. of Questions Maximum Marks Duration
1. General Awareness 80 80 Composite time of 2 hours
2. Quantitative Aptitude 30 30
3. English Language 30 30
4. Reasoning 60 60
Total 200 200

RBI Grade B Exam Pattern for Mains Exam

Serial Number Section Asked Paper Type Maximum Marks Duration
1. Economics and Social Issues Objective 100 90 minutes
2. Paper II English (Writing Skills) Descriptive (to be typed with the help of keyboard) 100 90 minutes
3. Paper III Finance & Management Objective Type 100 90 minutes

RBI Grade B 2020 Interview

  • Candidates are shortlisted for the interview based on total score obtained in Main exam of all categories.
  • Cutoff score for selection in Main exam will be finalized by the Board based on number of vacancies.
  • List of candidates selected for an interview will be published on the official website and interview Call letters will be sent on candidates registered email ID.
  • Interview Round will carry 50 marks.
  • Candidates may opt for interview either in Hindi or English.
  • Final Selection will be through merit list prepared by the Board by adding up Main exam and Interview marks secured by candidates.

RBI Grade B 2021 Exam Syllabus

The syllabus of RBI Grade B 2021 prelims exam is just like the other Bank Exams. The major sections from which the questions are asked are:

  • Reasoning
  • Quantitative Aptitude
  • General Awareness and
  • English Language
English Quantitative Aptitude Reasoning General Awareness
Grammar Mensuration Puzzles Banking & Financial Awareness
Vocabulary Time and Work Seating Arrangement Monetary Policies
Error Spotting Average, Ratio, Percentages Directions and Distance Economic Terms
Comprehension Speed, Distance and Time Data Sufficiency Current Affairs
Passage Making Mixture and Allegations Blood Relations Financial & Economics News
Jumble Words Permutation and Combination Syllogism Static GK
Fill in the Blanks Data Interpretation Coding Decoding Government Schemes, Agreement & Deals
Sentence Framing Probability Inequality Banking terms, rates, processes

RBI Grade B 2021 Eligibility Criteria

Candidates are required to follow the given criteria to be eligible for RBI Grade B 2021 Exam:

RBI Grade B Citizenship & Nationality

  • • Must be a citizen of India
  • • Must be a subject of Nepal
  • • Must be a subject of Bhutan
  • • Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India.
  • • A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

RBI Grade B Age Limit

  • Candidates should fall in 21 and 30 years of age group as on September 1, 2020.
  • However, the upper age limit for candidates with M.Phil. and Ph.D. qualifications is 32 and 34 years respectively.
  • Reserved category candidates are eligible for relaxation in upper age limit as per Government of India norms.

RBI Grade B Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.

Category Age relaxation
SC/ST 5 years
OBC 3 years
Physically Handicapped 10 years
PH + OBC 13 years
PH + SC/ST 15 years

RBI Grade-B Educational Qualification:

Posts Minimum Educational Qualifications
1. Officers in Grade ‘B’ (DR) – (General) • A minimum of 60% marks (50% 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 will be in aggregate for all semesters / years.

2. Officers in Grade ‘B’ (DR) – DEPR • A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute OR

• PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR

• Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.

3. Officers in Grade ‘B’ (DR) – DSIM • A 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 one year post graduate 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.

RBI Grade B Exam Centers

RBI Grade B Exam Centers for Phase-I Exam

States /UTs RBI Grade B Exam Centers for Prelims
Andaman & Nicobar Port Blair
Andhra Pradesh & Telangana Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram
Arunachal Pradesh Itanagar, Naharlagun city
Assam Dibrugarh, Guwahati, Jorhat, Silchar
Bihar Bhagalpur, Muzaffarpur, Patna
Chandigarh Chandigarh
Chattisgarh Raipur, Bhilai
Daman & Diu Jamnagar
Goa Varna
Gujarat Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara
Haryana Hissar, Karnal, Rohtak
Himachal Pradesh Dharamsala, Shimla
Jammu & Kashmir Jammu
Jharkhand Bokaro, Dhanbad, Jamshedpur, Ranchi
Karnataka Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi
Kerala Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil
Lakshadweep Kavaratti
Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur
Maharashtra Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi Delhi –NCR
Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
Puducherry Cuddalore, Villupuram
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala
Rajasthan Ajmer, Jaipur, Jodhpur, Kota, Udaipur
Sikkim Gangtok, Bardang City
Tamilnadu Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin
Tripura Agartala
Uttar Pradesh Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
Uttarakhand Dehradun, Haldwani, Nainital, Roorkee City
West Bengal Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri

RBI Grade B Exam Centers for Phase-II Exam

Name of the Examination Cities
Ahmedabad Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai
Chandigarh Nagpur
Chennai New Delhi
Guwahati Patna
Hyderabad Pune
Jaipur Thiruvananthapuram

RBI Grade B 2021 Admit Card

The RBI Grade B Admit Card 2021 will be released separately for both Phase-I and Phase-II exam. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.

RBI Grade B 2021 Exam Results

The results for RBI Grade B 2021 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify both Phase-I and Phase-II exam to get a chance to sit for the interview process. The merit list is prepared in the descending order of the marks obtained by candidates after the interview process is complete. The final selection is based on how well you do in your interview.

RBI Grade B Exam 2020 Result

RBI Grade B Result 2020 is now available on the official website of the bank. RBI Grade B Result of main exam for DR-General has been published on December 18, 2020, however, the marks secured in Prelims, Main exam and Interview will be available on the Bank’s website only after the declaration of the final result.

  • Candidates, who secure minimum marks as prescribed by the Board in main exam will be shortlisted for the interview round.
  • The ‘corrected-scores’ obtained by each of the candidates in different phases of RBI Grade B Examination 2020 will be normalized using the equi-percentile method.
  • Candidates have to secure minimum marks separately for each test as well as in aggregate, as may be prescribed by the Board.
  • Candidates who qualify for subsequent rounds would be sent notifications via E-mail/ SMS to download Admission Letters or Interview Call Letters.

RBI Grade B 2021 Exam Preparation

To score high in RBI Grade B 2021 Exam, it is really necessary for each and every candidate to look into the latest exam pattern and the change in the syllabus so that preparation can be done accordingly. Candidates have the option to opt for Offline Coaching Program offered by Career Power to enhance their skills. They can also solve Mock Test Papers to self-analyse themselves and prepare judiciously for this upcoming exam

Check More Details Here 

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