The Reserve Bank of India (RBI) is the central bank of India, established on April 1, 1935, under the Reserve Bank of India Act, 1934. It is responsible for regulating the issue and supply of the Indian currency, managing monetary policy, and ensuring financial stability in the country. The RBI also oversees the banking system, controls inflation, manages foreign exchange, and acts as the banker to the government. Its headquarters is in Mumbai, and it plays a key role in the economic development of India. The RBI Grade B Exam is a prestigious national-level competitive exam conducted by the Reserve Bank of India for recruitment to the post of Officers in Grade ‘B’ (General). It is one of the most sought-after jobs in the banking sector due to its attractive pay scale, prestige, and career growth opportunities.

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RBI Grade-B

Eligibility Criteria

A candidate must be either –

  • i. a citizen of India, or
  • ii. a subject of Nepal, or
  • iii. a subject of Bhutan, or
  • iv. a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or
  • v. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (ii), (iii), (iv) and (v) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary, may be admitted to the examination, but the offer of appointment may be given only after the necessary eligibility certificate is issued to him/her by the Government of India.

Age

Minimum: 21 years    Maximum: 30 years

Educational Qualification

  • Officers in Grade 'B' (DR) - (General): Graduation in any discipline / Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD) OR Post-Graduation in any discipline with minimum 55% marks (pass marks for SC/ST/PwBD).
  • Officers in Grade 'B' (DR) - DEPR: Master’s Degree in Economics or Finance (minimum 55% marks, 50% for SC/ST/PwBD). Desirable: Doctorate degree, research/teaching experience, or publications in Economics.
  • Officers in Grade 'B' (DR) - DSIM: Master’s Degree in Statistics/Mathematics/Econometrics/Data Science/AI/ML/Big Data Analytics with minimum 55% marks (50% for SC/ST/PwBD). Desirable: Doctorate degree, research/teaching experience, or publications in related fields.

Application Fee

  • SC/ST/PwBD: ₹100 + 18% GST
  • All Others: ₹850 + 18% GST

Structure of Examination

  • Officers in Grade B (DR) - General: Selection via Phase-I (Objective Test), Phase-II (Descriptive + Objective Papers), and Interview (75 marks).
  • Officers in Grade B (DR) - DEPR: Four Papers (Economics Objective, English Descriptive, Economics Descriptive), followed by Interview.
  • Officers in Grade B (DR) - DSIM: Three Papers (Statistics Objective, Statistics Descriptive, Advanced Statistics/Econometrics), followed by Interview.

How to Apply

Candidates must apply online through www.rbi.org. No other mode of application will be accepted. Candidates applying for both General and DEPR/DSIM must apply separately and pay fees for each.

Pay Scale

Selected Candidates will draw a starting basic pay of ₹55,200/- per month in the pay scale of ₹55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. At present, the initial monthly gross emoluments (without HRA) are approximately ₹1,16,914/-. House Rent Allowance (HRA) of 15% of Basic Pay will be provided if accommodation is not given by the Bank.

Tentative Dates of Advertisement

Tentative date for IBPS PO preliminary exam is in the month of May every year.

Question Bank

click here to Download Question bank of RBI Grade B