(Jobs) Recruitment of Research Officers in Reserve Bank of India : May, 2011

Reserve Bank of India (RBI)

Reserve Bank of India (RBI) is Recruiting PG (Economics) candidates in 2011

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Advertisement for the post of Research Officer in Grade ‘B’ (DR) for Department of Economic and Policy Research (DEPR)

Research Officer in Grade ‘B’ (DR) for Department of Economic and Policy Research (DEPR)

Post : 13

Age Limit : Between 21 and 30 years (candidates must have been born not earlier than 02/05/1981 and not later than 01/05/1990).

Pay Scale: Rs. 21,000/- p.m. in the scale of Rs.21000-1000-30000-EB-1000-32000-1100-36400 /

Qualification:

A Master's Degree in Economics (with any area of specialization ) with a minimum of 55% marks or an equivalent grade from a recognized Indian or Foreign University / Institute OR ii) A Doctorate Degree in Economics with Master's Degree in any subject with a minimum of 55% marks or an equivalent grade from a recognized Indian or Foreign University / Institute.
Research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

Selection Process:

Selection will be through Written Examination ('WE') and interview. There are 3 papers for Written Examinations. 'WE' will be held on September 3 (Saturday) and September 4 (Sunday), 2011.

Type of Paper	Duration	Maximum Marks
Paper - I Objective Type (on Economics)	3 hours	100
Paper - II Descriptive Type (on Economics)	3 hours	100
Paper - III English - Descriptive	3 hours	100
Total	300

Paper II and Paper III of only such candidates, who score sufficiently high marks, as decided by the Board in order of merit in Paper I, would be assessed. (ii) Question papers for 'WE' will be set in Hindi and in English (except Paper III on English). Answers may be written either in Hindi or English. Candidates may answer the interview in Hindi or English at their option. (iii) The number of candidates to be called for interview will be decided by the Board. (iv) Final selection will be on the basis of performance in the 'WE' (Paper I, II and III) and interview taken together.

Syllabus :

Standard of papers on Economics would be that of Master's Degree examination in Economics of any Central University in India.
Syllabus for English: Essay, Précis writing, Comprehension, Business/Office Correspondence.

Application Fees : Rs.100/- (Rupees one hundred only). No fee is payable by SC/ST/PWD candidates.

How to Apply:

Candidates can apply for the post either on the prescribed Application (OFF-LINE) or submit the application ON-LINE followed up by sending a printout (hardcopy) of the online application to the Board’s office.
ON–LINE: The candidate can apply ON-LINE using the link/URL http://onlinedr.rbi.org.in Detailed ‘Instructions for Applying ON-LINE’ are available on this link. Candidates should read the instructions carefully and then click on “Apply” link. Salient features of the system of ON-LINE Application are given hereunder :
Before starting filling up of ON–LINE application, a candidate must purchase the DD or IPO for Rs. 100/- (except SC/ST/PWD candidates who are exempted from payment of fees).
Fee exempted category candidates can straightway fill the ON–LINE application.
Candidates NEED to take a PRINTOUT (hard copy) of their ON-LINE Application after submission of the data through the system. A signed photograph must be pasted (not to be stapled) at the specified place on the printout and the candidate must sign on the printout of the application and attach DD or IPO of Rs.100/- (if required to pay fee).
Candidates need to send the system generated print out (hard copy) of the ONLINE Application to the Reserve Bank of India Services Board’s Office (RBISB) by ordinary post. In case the print out (hard copy) is not received by the Board by the CLOSING DATE mentioned in this advertisement, the ON-LINE application will not be entertained and will be rejected.
Applications should not be submitted more than once. Duplicate applications will not be entertained and will be rejected.
The ON-LINE applications can be submitted till 11.59 P.M. on June 27, 2011 after which the link will be disabled.

Instruction:

Application format (for off-line mode) is given at the end. candidates applying by off-line mode should apply stricly in conformity with the format as prescribed.
App. not accompanied by prescribed fees (unless exempted) or incomplete/illegible/not in the prescribed format/without photograph/without signature will be rejected and no correspondence in this regard will be entertained by the board.
Application must be completed in all respects. incomplete applications will not be considered.
Candidates should not enclose any certificates or copies thereof with the application. their candidature will be considered on the strength of the information declared in the application. if at any stage, it is found that any information furnished in the app. is false/incorrect or if according to the board, the candidate does not satisfy the eligibility criteria, his/her candidature / appointment is liable to be cancelled / terminated.
All educational qualifications must have been obtained from recognised universities/institutions in india or abroad. if grades are awarded instead of marks, candidates should clearly indicate their numerical equivalent.
Candidates should satisfy themselves about their eligibility for the post applied for. the board would admit to the ‘we’ all the candidates applying for this post with the requisite fee (wherever applicable) on the basis of the information furnished in the app. and shall determine their eligibility only at the final stage i.e. while calling them for interview.
The board shall not entertain requests from the candidates seeking advice about their eligibility to apply.
The list of admitted candidates for ‘we’ will be displayed on rbi website at the appropriate time. if the candidate does not receive admission letter (al) for ‘we’/any other communication from the board, he/she should contact the in-charge of the rbi office during office hours at the examination centre indicated in the application along with duly signed passport size photograph, on any day starting from four days before the date of examination for necessary guidance. failure to comply with above instructions will deprive the candidate of any claim for consideration.

Website : http://www.rbi.org.in