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RBI GRADE B 2018

NATIONAL LEVEL

RBI Grade B Examination 2018

Updated On - December 8th 2017 by ARINDAM MOITRA

RBI (Reserve Bank of India), recruits personnel across different levels to handle operations within the organization. RBI Grade B Examination 2018 is a recruitment drive to select candidates for the posts of Officers in Grade ‘B’ (General) - DR, DEPR and DSIM in Common Seniority Group (CSG) Streams for the year 2018-2019. RBI Grade B exam is a national level competitive test and the Reserve Bank of India Services Board conducts the test annually.

  • RBI Grade B Examination 2018 tentatively scheduled for the month of June 2018.
  • Recruitment drive is split into three phases: Prelims, Mains and Interview. Only successful candidates from each stage qualify for the next phase.
  • RBI Grade B Exam will be conducted in both online and offline mode (vary according to the posts).
  • For latest notifications, candidates can visit on www.rbi.org.in

RBI Grade B Examination 2018 Highlights

Date of RBI Grade B Examination 2018June 2018
Conducting BodyReserve Bank of India Services Board
Mode of ExamCombination of Online as well as Offline modes
Official Websitewww.rbi.org.in
Duration of Exam120 minutes for Prelims 270 minutes for Mains
Eligibility (may vary for different exams)Nationality, Age and Academic qualification; eligibility will vary for different category of posts.
Number of Postsapproximately 145

RBI Grade B Examination Dates 2018

The official notification for RBI Grade B 2018 Examination is expected to release in the 1st week of May 2018. Meanwhile, candidates can have a look at the tentative schedule based on the dates from previous year exam schedule.

EventsDate (Tentative)
Official Notification of RBI Grade B 20181st Week of May 2018
Start Date of Online Registration and payment of Application Fee1st Week of May 2018
Last Date of Online Registration and submission of Online Fee4th Week of May 2018
Issue Date of RBI Grade B Exam Phase-I Admit Card 20181st Week of June 2018
Examination Date for Phase-I Exam2nd Week of June 2018
Result Date of Phase-I3rd Week of June 2018
Issue Date of Admit Card for Phase-II Exam4th Week of June 2018
Examination Date for Phase-II Exam1st Week of July 2018
Exam Result of Phase-II2nd Week of July 2018
RBI Grade B Interview DateAugust – October 2018
Final Result DeclarationNovember – 2018

RBI Grade B Exam 2018 Eligibility

Candidates must meet the eligibility guidelines issued by RBI before applying online. The basic eligibility criteria pertaining to nationality, age limit and academic qualification of a candidate is discussed below:

I. Nationality: To appear for RBI Grade B Examination 2018, a candidate must be either: —

  1. a citizen of India, or
  2. a subject of Nepal or Bhutan, or
  3. a Tibetan refugee who is permanently settled in India prior to January 1, 1962, or
  4. a person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam with the intention of residing permanently in India.

Please note that candidates belonging to categories (b), (c), and (d) should possess a certificate of eligibility issued by the Government of India.

II. Age:

1. The minimum age limit for candidates to apply is 21 years while the upper age limit is 30 years as on May 1, 2018. For candidates with M.Phil. and Ph.D. qualifications, upper age limit will be 32 and 34 years respectively.

2. Candidates falling under reserved category are eligible for relaxation in upper age limit as per Government of India norms.

III. Educational Qualifications: The educational qualifications as prescribed by the Board for the RBI Grade B Examination 2018:

PostMinimum Educational Qualifications (as on 01-05-2017)
1. Officers in Grade 'B' (DR) - (General)
  • At least 60% marks in aggregate for all semester/years (50% for SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations from recognized University and Boards respectively.
2. Officers in Grade 'B' (DR) – DEPR
  1. 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. SC/ST/PWD candidates are allowed a relaxation of 5%
3. Officers in Grade 'B' (DR) - DSIMEssential: A Master's Degree in Statistics/Mathematical Economics/ Mathematical Statistics/Statistics & Informatics/Econometrics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with at least 55% marks in aggregate of all semester/years or an equivalent grade; OR
  1. Master's Degree in Mathematics with at least 55% marks in aggregate of all semester/years and 1-year PG Diploma in Statistics or related subjects from reputed institute; OR
  2. M. Stat. from Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years OR
  3. PG Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with at least 55% marks in aggregate of all semesters/years or equivalent grade.
Note:For SC/ST/PWD candidates, the minimum marks required in Master's Degree as in items a, b, c and d above is 50% in aggregate of all semesters/years or an equivalent grade.

IV. Number of Attempts: If General Category candidates have already appeared 6-times for Phase-I Exam of this post in the past, then they would be considered ineligible to apply. However, there are no such restriction in case of candidates belonging to SC/ST/OBC/PWD if the posts are reserved for them


RBI Grade B Examination 2018 Application Form

RBI Grade B Examination 2018 can be fill through online mode only on the official website. Candidates willing to apply for posts in both Gr. B (DR)-General and Gr B (DR) DEPR / DSIM need to apply separately for each position along with requisite application fees

Steps involved in the online Application Process:

  1. Visit the official website www.rbi.org.in and click on the link “Recruitment for the post of Officers in Gr. B (DR) General/DEPR/DSIM”
  2. Separate links for Online applications for Gr B -(DR)-General and Online applications for DEPR/DSIM would be displayed.
  3. For fresh registration, choose the tab "Click here for New Registration" and enter Name, Contact details, and Email-id.
  4. A Provisional Registration Number and Password will be generated by the system.
  5. An Email & SMS is sent to registered email ID and a Mobile number containing Registration number and Password.
  6. Fill the remaining details in the application form.
  7. Upload scanned images of candidates’ recent photograph and signature with following specifications:
ItemParticulars
Applicant’s recent, color, passport-size photograph with a light, preferably white background

Image dimensions: 200X230 pixels

File Type: JPG or JPEG

File size: not more than 50KB

Applicant’s signature on a white paper with black ink

Image dimensions: 140X60 pixels

File Type: JPG or JPEG

File size: not more than 20K

  1. Next, application fee has to be deposited using Debit/Credit Cards, Internet Banking, Cash Cards/Mobile Wallets.
  2. Candidates must obtain and preserve the ‘e-receipt’ as proof of successful fee payment.
  3. Finally, choose "SAVE AND NEXT" and verify the details in the form before submission.

RBI Grade B Exam 2018 Application Fee

Application Fee for RBI Grade B Examination 2018 has to be paid in online mode only. Fee payable for various categories is indicated in the table below:

CategoryChargesAmount *
SC/ST/PWDIntimation Charges onlyRs.100/-
GEN/OBCApplication fee including intimation chargesRs.850/-
StaffNilNil

Note:-

  • Candidates must obtain the print-out of duly filled RBI Grade B Exam Application Form for future correspondence.
  • No separate facility to make changes in the form will be available after submission of form.
  • Fee once paid will not be refunded under any circumstances.
  • Fee/Intimation charges waiver is applicable only for the RBI Staff who meet specific eligibility criteria stipulated in the circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013

RBI Grade B Exam 2018 Admit Card

  • Successful applicants for RBI Grade B Examination 2018 are issued an e-Admission Letter two week prior to exam date.
  • Candidates can download the admit card from the official website of bank.
  • Candidates should check the e- Admission Letter carefully and bring discrepancies/errors, if any, to the notice of Board immediately.

Supporting Documents to be furnished along with Admission Letter:

  • In addition to the Admission Letter, candidates need to present a valid Photo ID proof issued by the GOI or the State Government (original as well as a photocopy) for verification.
  • Acceptable photo ID proofs are PAN Card/ Passport/ Driving Licence/ Voter’s Card/ Bank Passbook with photograph etc.

RBI Grade B Examination 2018: Exam Center

  • For RBI Grade B Examination 2018, candidates can choose one center for Phase-I and one center for Phase–II separately in the online application form
  • Allotment of RBI Grade B Examination 2018 Exam Centers will be on the "first-apply-first-allot" manner based on availability.
  • Online Examination Centers for RBI Grade B Examination 2018 Phase – I and Phase II will be conducted in approximately 158 and 20 locations respectively, across the country

RBI Grade B Exam 2018 Exam Pattern

The exam pattern for RBI Grade B Exam will vary according to the posts candidates wish to apply for:

  1. Selection for Officers in GR B (DR)-General
PaperTypeMarksDurationSections
Phase-I Online Examination
-Objective200120 minutesEnglish Language General Awareness Quantitative Aptitude Reasoning
Phase-II Online Examination
Economic and Social IssuesObjective100 marks each90 Minutes each-
EnglishDescriptive (Answers need to be typed with a keyboard)
Finance and ManagementObjective
  1. Selection for Officers in GR B (DR)-DEPR/DISM
PaperTypeMarksDurationSections
Phase – I: Paper-I
Economics/StatisticsObjective100120 Minutes -
Phase – II: Paper-II
Economics/StatisticsDescriptive (Answers to be written on paper to questions displayed on the computer screen)100180 Minutes -
Phase – II: Paper-III
EnglishDescriptive (Answers need to be typed on to computer screen)100180 Minutes -

List of Recommended Books for RBI Grade B Exam 2018:

RBI Grade B Exam is not an easy test to crack without proper preparation and planning. Some useful reference books to aid preparation for RBI Grade B Exam are listed below:

Name of the BookPublisher/Author
Indian EconomyUma Kapila (Series of Books)
Indian EconomyMishra Puri. (Latest Edition)
Growth And DevelopmentDevraj Ray
SociologyC.N. Shankar Rao
Financial ManagementPrasanna Chandra
Public FinanceK K Andley and Sundaram
Economic Growth and DevelopmentMayer and Baldwin
Indian EconomyR. Dutt and KPM Sundaram
Indian EconomyMishra and Puri
Monetary Theory and Public PolicyKenneth Kurihara
An introduction to EconomicsA W Stonier and D C Hauge
Suggested reading material for RBI Grade B Examination: Officers in GR B (DR)-General: Leading Dailies like Economic Times/Hindu/Business Standard News Publications/Bulletins/Reports: Economic and Political Weekly/Southern Economist/Yojana/Business India/RBI Bulletins Reports: Economic Survey of India/World Development Report

Suggested reading material for RBI Grade B Examination: Officers in GR B (DR)-DEPR/DISM: RBI publications like Annual Report, Monetary Policy Report and the Financial Stability Report, Report on Trend and Progress of Banking in India, and the Economic Survey published by the GOI in last couple of years. Major Economic and Political News Publication

Check RBI Grade B Exam Pattern


RBI Grade B Exam 2018 Result

No score cards will be issued for successful candidates after announcement of RBI Grade B Result. Marks obtained in RBI Grade B Examination 2018 Phase-I will be available on the website after selection of candidates for Phase-II exam. However, the marks secured in Phase-II 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 Phase I exam will be shortlisted for the Phase II.
  • The ‘corrected-scores’ obtained by each of the candidates in different phases of RBI Grade B Examination 2018 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.
  • Shortlisted candidates for Phase-II exam will be published on the official website within a week of Phase-I exam.
  • Candidates who qualify for subsequent rounds would be sent notifications via E-mail/SMS to download Admission Letters or Interview Call Letters.

Steps to check result are:

  • Visit the official website rbi.org.in
  • Click the link “Result of RBI Grade B Examination 2018”.
  • Enter Name and Roll Number.
  • Download and Print Result for future reference

RBI Grade B 2018 Interview

  • Candidates are shortlisted for the interview based on total score secured in Phase-II Exam of all categories.
  • Cut-off score for selection in Phase-II exams will be finalized by the Board based on number of vacancies.
  • List of Candidates selected for interview will be published on the official website and interview Call letters will be sent on candidates registered email ID.
  • Interview 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 Phase-II exam and interview marks secured by candidates.

GET MORE INFO

Fee Structure

  • 850

    general

  • 100

    SC/ST

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