Reserve Bank of India

Recruitment to the Post of Officers in Gr ‘B’ (General)-DR 2014

 Applications are invited for the post mentioned below in Reserve Bank of India (RBI/Bank) from Indian citizens, citizens of Nepal and subjects of Bhutan, Tibetan refugees (who came over to India before 1st January 1962) and persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been issued by Government of India.

Vacancy Detail :

Name of Post : Officers in Grade 'B' (General)

No. of Post : 117 Posts

Age Limit (as on 01/06/2014):

• Between 21 and 30 years (candidates must have been born not earlier than 02/06/1984 and not later than 01/06/1993).

• For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 31 and 33 years respectively.

• For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

Pay Scale:

• Selected Candidates will draw a starting basic pay of `21,000/- p.m. in the scale of `21000-1000-30000-EB-1000-32000-1100-36400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately `51,517/-.

Educational Qualifications (as on 01/06/2014):

• A First Class Bachelor's Degree with a minimum of 60% marks or an equivalent grade, in aggregate of all semesters / years ; OR

• A Second Class Master's Degree with minimum of 55% marks or an equivalent grade, in aggregate of all semesters / years; OR

• A Doctorate Degree; with minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Master's Degree; OR

• Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor's Degree; OR v) A Post Graduate Diploma in Management / MBA qualification from institutions recognized by Government of India / University Grants Commission, with Graduation / Bachelor’s Degree.

Selection Procedure :

Selection will be through Examinations and Interview. Examinations will be held in two phases [Phase-I ON-LINE Examination (Objective Type) and Phase-II Written Examination (Descriptive type)] as under:

(I) Phase-I ON-LINE Examination (Objective Type):

• This Paper for 200 marks will be held on August 2/3/9/10, 2014. Depending on the number of candidates, the examination may be held on some other days also. A candidate, however, has to appear for examination on only one day. The date & venue on which a candidate has to appear for examination will be specified in the Admission Letter (AL) to be downloaded by the candidate. The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method. The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude and iv) Reasoning, with composite time of 130 minutes. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website.

• Candidates have to secure minimum marks separately for each test as well as aggregate, as prescribed by the Board. Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Phase-II of the Examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted in Phase-I of the On Line Examination (‘OE’) will be published on RBI website and a brief notice thereof in leading newspapers in August/ September 2014.

(II) Phase-II Written Examination (Descriptive Type):

• The Phase-II Written Examination (WE) will be conducted in September/ October 2014 (tentative) only for those candidates who are shortlisted for the same. The date and time-table will be intimated to the candidates concerned at the appropriate time. The Examination will consist of three Descriptive Type papers – (i) Paper I – English (ii) Paper II – Economic and Social Issues and (iii) Paper III – Finance and Management. Each of these papers is of 3 hours duration carrying 100 marks.

Application Fee :

• SC/ST/PWD Intimation Charges only : Rs.100/-
• GEN / OBC App. Fee including intimation charges : Rs.850/-
• STAFF :  Nil

How To Apply :

• Candidates have to apply only On-Line through the Bank's website i.e. www.rbi.org.in from 03.06.2014 to 23.06.2014. No other means/mode of applications will be accepted. Detailed instructions for applying On-line are available on the website. Candidates need not submit the system generated print out (hard copy) of the On-Line application to the Board's office.

• Procedure for applying on-line:

• Candidates satisfying the conditions of eligibility as on June1, 2014 are first required to visit the URL “Recruitment to the post of Officers in Gr “B” (General) – DR’ on Bank's website www.rbi.org.in>ABOUT US> OPPORTUNITIES AT RBI>CURRENT VACANCIES> VACCANCIES and click on the hyperlink “Applications (Apps)” in the Advertisement page for filling the On-line Application. It redirects the candidates to the on-line registration page.

• Candidates will have to enter their basic details and upload the photograph and signature in the on-line application form as per the specifications given in item 10 of the advertisement.

• Candidates should fill in the details in the On-Line Application at the appropriate places very carefully and click on the “SUBMIT” button at the end of the On-Line Application form. Before pressing the “SUBMIT” button, candidates are advised to verify every field filled in the application. The name of the candidate or his/her father/husband etc. should be spelt correctly in the application as it appears in the certificate/mark sheets. Any change/alteration found may disqualify the candidature. At the time of online exam, the acceptable identity proof should also bear the same name. Board will not entertain any request for change of any information furnished in On-line application. A Provisional Registration/Receipt Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.

• In the event of the candidate not being able to fill the data in one go, he/she can save the data already entered. When the data is saved, Provisional Registration number and Password will be generated by the system and displayed on the screen. Candidates should note down the Provisional Registration number and Password. Email & SMS indicating the Provisional Registration number and Password will be sent. Candidates can reopen the saved data using Provisional Registration number and Password and edit the particulars, if needed. This facility will be available for three times only. Once the application is completely filled, candidate should submit the data and pay fees/intimation charges to complete the registration process.

Important Dates :

• Website Link Open- For On-Line Registration of Applications : 03/06/2014 to 23/06/2014
• Payment of Fees /Intimation Charges- ON LINE : 03/06/2014 to 23/06/2014
• Payment of Fees/Intimation Charges at Bank Branches (Off-Line) : 05/06/2014 to 26/06/2014

Important Links :

• Click Here For Syllabus

• Click Here To Apply Online

• Click Here For Official Notification

Courtesy : RBI