RBI Grade B 2021: The Reserve Bank of India (RBI) had released RBI Grade B Notification 2021 to fill a total of 322 vacancies to the posts of Grade B General/DSIM/DEPR officers. The online application process for RBI Grade B Recruitment 2021 was concluded successfully @rbi.org.in. Candidates who look forward to fetch the job of a Grade B General/DSIM/DEPR officer in the central bank can check here the information related to the RBI Grade B 2021 exam such as Exam Date, Eligibility, Application Process, Exam Pattern & Syllabus, Selection Process, Mock Test, Cut Off, Salary and Job Profile. Go through the complete information below and brush up your preparation level.
RBI Grade B officer gets a handsome salary in the pay scale of Rs 35150-1750(9)-50900-EB-1750 (2) - 54400-2000(4)-62400 (16 years) along with allowances such as Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance and Grade Allowance. The RBI Grade B Recruitment is carried out in three phases - Phase-I exam, Phase -II exam and Interview. The Phase I Exam is conducted online in the multiple-choice questions (MCQs) format. Those who qualify the exam are hired as the Grade B Officers in the Reserve Bank of India in General, DEPR and DSIM categories.
Let's have a look at the details of the RBI Grade B Exam 2021 below:
RBI Grade B 2021: Important Dates
| Events |
Date |
| Release of RBI Grade B 2021 Recruitment Notification |
28th January 2021 |
| Start Date of Online Registration |
28th January 2021 |
| Last Date of Online Registration |
15th February 2021 |
RBI Grade B 2021: Exam Dates
| Grade B (DR) - General |
|
| Phase I – Online Exam |
6th March 2021 |
| Phase II – Paper I, II & III Online Exam |
1st April 2021 |
| Grade B (DR) – DEPR |
|
| Phase I - Paper I - Online Exam |
6th March 2021 |
| Phase II - Paper II & III Online/Written Exam |
31st March 2021 |
| Officers in Gr B (DR)- DSIM |
|
| Phase I - Paper I - Online Exam |
6th March 2021 |
| Phase II - Paper II & III Online/Written Exam |
31st March 2021 |
RBI Grade B 2021 Application Process
The RBI Grade B 2021 registration and application process will begin from 28th January 2021 on the official website of RBI - www.rbi.org.in. For registration, candidates need to fill the RBI Grade B application form by paying a certain fee. The RBI Grade B 2021 application fee will vary from category to category.
Go through the detailed application process here - RBI Grade B Application Process & Fee
RBI Grade B Vacancy 2021
| Post |
Vacancies |
| Officers in Grade 'B' (DR) - General |
270 |
| Officers in Grade 'B' (DR) - DEPR |
29 |
| Officers in Grade 'B' (DR) - DSIM |
23 |
| Total |
322 Vacancies |
RBI Grade B Eligibility 2021 - Educational Qualification & Age Limit
Age Limit
- The Minimum age limit to apply for RBI Grade B 2021 exam is 21 years.
- The Maximum age limit for General category candidates is 30 years.
There is a relaxation of the Maximum age limit for RBI Grade B 2021 exam for different categories:
| Category |
Age Relaxation |
| SC/ST |
5 Years |
| OBC |
3 Years |
| PwD (General) |
10 Years |
| PwD (OBC) |
13 years |
| PwD (SC/ ST) |
15 years |
| Ex-servicemen including Commissioned Officers & ECOs/SSCOs who rendered minimum 5 years Military Service as on 1st January 2021 and were released |
Up to 5 Years |
Educational Qualifications
Grade B (DR) – General: Graduation or professional qualification with at least 60% marks (50% for SC/ST/PwBD)
Grade B (DR) – DEPR: Master's Degree with a minimum 55% marks in Economics/Econometrics/Quantitative Economics/Mathematical Economics/Integrated Economics Course/Finance
Grade B (DR) – DSIM: Master's Degree with a minimum 55% marks in any of these - Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics from IIT-Kharagpur/Applied Statistics & Informatics from IIT-Bombay OR Master's Degree in Mathematics + 1 Year post-graduate diploma in Statistics OR Masters in Statistics from Indian Statistical Institute with a minimum of 55% marks OR Post Graduate Diploma in Business Analytics (PGDBA) of ISI Kolkata, IIT Kharagpur and IIM Calcutta with minimum 55% marks
RBI Grade B Admit Card 2021
Candidates who have applied for the examination are allotted with the admit card which can be downloaded from the official website of the IBPS - ibpsonline.ibps.in. Here is the complete process to download the RBI Admit Card for Grade B Phase-I Exam along with the direct download link:
Step 1: Visit the website & click on Download RBI Grade B Admit Card 2021
Step 2: Fill Registration No/Roll No & Date of Birth/Password
Step 3: Download & Save the admit card
RBI Grade B Selection Process 2021
Candidates need to clear these three rounds for recruitment as Officer in Grade B (DR) – General/DEPR/DSIM posts:
• RBI Grade B Phase I
• RBI Grade B Phase II
• RBI Grade B Interview
RBI Grade B Exam Pattern 2021
Grade B (DR)- General Post
Phase I Exam Pattern: The RBI Grade B Phase I is an online examination that comprises a single Paper of 200 marks. The exam pattern for Grade B (DR)- General Phase I exam is as follows include:
| Section |
No. of Questions |
Time |
Marks |
| General Awareness |
80 |
2 Hours |
200 |
| English Language |
30 |
||
| Quantitative Aptitude |
30 |
||
| Reasoning Ability |
60 |
- The exam will be held online in Objective Multiple Choice Questions (MCQs) format.
- A total of 200 MCQs will be asked from General Awareness, English Language, Quantitative Aptitude and Reasoning.
- The ‘corrected-scores’ obtained by each candidates in different shifts, if any, will be normalized using equipercentile
method.
- Candidates who would secure minimum marks separately for each section as well as in aggregate will get shortlisted for Phase II exam.
Phase II Exam Pattern: The Grade B (DR)- General Phase-II examination is held in shifts for Paper I, Paper II & Paper III and timetable for the shifts will be intimated through the Admit Card. The RBI Grade B Exam Pattern for Phase II is as follows:
| Paper |
Type |
Time (Minutes) |
Marks |
| Paper-I: Economic & Social Issues |
Objective - Descriptive - |
30 Min 90 Min |
50 50 |
| Paper-II: English (Writing Skills) 3 Questions |
Descriptive |
90 Min |
100 |
| Paper-III: Finance and Management |
Objective - Descriptive - |
30 Min 90 Min |
50 50 |
In Objective Test for Paper I and Paper III, there will be 30 MCQs for 50 marks wherein some questions will carry 2 marks and some will carry 1 mark.
In Descriptive Test for Paper I and Paper III, 6 questions will be asked, of which, you need to attempt only 4 questions (2 of 15 marks & 2 of 10 marks).
Exam Pattern for Grade B (DR)- DEPR Post
| Paper |
Type |
Time (Minutes) |
Marks |
| Paper-I Economics |
Objective |
120 Min |
100 |
| Paper-II Economics |
Descriptive |
180 Min |
100 |
| Paper-III English |
Descriptive |
90 Min |
100 |
- Paper I will be held as Phase I exam in Objective format
- Candidates who would secure minimum cut off marks in Phase I or Paper I will get shortlisted for Phase II Exam comprising Paper II & III.
Exam Pattern for Grade B (DR)- DSIM Post
| Paper |
Type |
Time (Minutes) |
Marks |
| Paper-I Statistics |
Objective |
120 Min |
100 |
| Paper-II Statistics |
Descriptive |
180 Min |
100 |
| Paper-III English |
Descriptive |
90 Min |
100 |
- Paper I will be held as Phase I exam in Objective format
- Candidates who would secure minimum cut off marks in Phase I or Paper I will get shortlisted for Phase II Exam comprising Paper II & III.
RBI Grade B Syllabus 2021
| RBI Grade B Phase I Syllabus for Grade B (DR)- General Post |
||
| General Awareness |
||
| Section |
Topics |
|
| Banking Awareness |
MICR, IFSC code, Clean Notes policy, Fake notes, ATM, NEFT, RTGS, Kisan credit card, RBI functioning, Organizational structure of RBI, RBI intervention on currencies, RBI Committees, CBS, ECS, SWIFT, BankNET, Digital Signatures, Bank guarantee, Letter of Credit, Bancassurance, Banking Awareness for RBI |
|
| Organizations |
Banking structure of India, RBI, NABARD, Banking Ombudsman, SIDBI, EXIM Bank, Cooperative Banks, CIBIL Planning Commission, 5-year plans, Finance Commission, CRISIL, LIC, Bretton Woods, BASEL, World Bank, IBRD, IMF, SENSEX, NIFTY, Moody, S&P, Fitch |
|
| Yearbook |
Acts, committees, legislation, Bank mergers, Information Technology Act, SARFAESI Act, FEMA & FERA, Tarapore Committee, Narsimhan Committees, FRBM Act, Budget Highlights, Tax ceilings, Deductions, Foreign Direct Investment, Policy changes |
|
| Current Affairs |
To prepare current affairs, read Pratiyogita Darpan, Chronicle, & Wizard competitive magazines, The Hindu, Economic Times & Live Mint newspapers, know about International Affairs, Indian Economy, Indian Polity |
|
| Static GK |
GDP, GNP, Purchasing Power Parity, Human Development Index, Inflation, Statutory Liquidity Ratio (SLR), Cash Reserve Ratio, Repo rate, Reverse Repo, Bank rate, Marginal Standing Facility (MSF), Liquidity Adjustment Facility (LAF), Priority Sector Lending, Non Performing Assets (NPA), Capital Adequacy Ratio, Derivatives, Futures, Currency of India, VAT, Goods and Services Tax (GST) |
|
| English Language |
Quantitative Aptitude |
Reasoning Ability |
| Reading Comprehension Sentence Completion Sentence Correction Double Fillers Phrase/Word Replacement Vocabulary Error Spotting Passage Making Sentence Framing Jumble Words |
Data Interpretation Ratio and Proportion Average Time and Work Speed, Distance and Time Mixture and Allegations Percentage Permutation and Combination Probability Time, Speed and Distance Mensuration Profit, Loss and Discount Quadratic Equation Simple Interest & Compound Interest |
Logical Reasoning Seating arrangement Data Sufficiency Alphanumeric Series Puzzle Syllogism Coding-decoding Inequalities Input - Output Blood Relation Ranking Direction and Sense Series |
RBI Grade B Mock Test 2021
RBI Grade B Mock Test (Free) with Answers 2021: Phase I & II - General Awareness Section
RBI Grade B Cut off 2021
The RBI Grade B 2021 cut off is released after each phase of the examination. Candidates can evaluate themselves by matching their scores with the cut off list released by the RBI.
RBI Grade B Interview 2021
Candidates who will qualify Phase I and Phase II exams will get shortlisted for the interview round based on their aggregate marks in Phase-II (Paper-I +Paper-II +Paper-III). The Interview will be of 75 marks.
RBI Grade B: Key points to note
• Candidates need to qualify sectional as well as overall cut off in every phase of RBI Grade B exam.
• RBI Grade B Phase-I is just qualifying in nature.
• There is a negative marking of 1/4th mark for every attempted wrong answer.
• General category candidates can attempt the exam 6 times, while SC/ST/OBC/PWD categories can attempt for innumerable times.
• Candidates with a minimum age of 21 years can apply RBI Grade B exam.
Tips to clear RBI Grade B 2021 examination
Read regularly: Candidates must read newspapers and magazines daily to be acquainted with the latest updates and Current Affairs.
Take Mock Tests: Undertaking mock tests is the perfect way to sharpen the skills. Timed quizzes and mock tests help one to strengthen his or her knowledge. It is a better way to fine learning.
Revise, Rework, Recover: The best mantra to improvise and perform well is 3Rs – Revise, rework, recover. Revision will let you know about your weak points and will motivate you to rework on the same topic thoroughly, which will ultimately enable you to recover from the weak spot.
Work on speed: Knowledge and learning go in vain if there is no speed. Attempting RBI Grade B 2021 examination would require intelligent hard work of speed, accuracy and knowledge. So, work on your speed!
Follow these tips and ace the RBI Grade B exam!
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