(Notification) Reserve Bank of India (RBI) : Officer in Grade-B Recruitment 2024
(Notification) Reserve Bank of India (RBI) : Officer in Grade-B Recruitment 2024
Post Detail :
. The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for the posts mentioned below in Reserve Bank of India (RBI/Bank)
| Post | Number of Vacancies | |||||||||
| Unreserved (GEN/UR) |
Scheduled Castes (SC) | Scheduled Tribes (ST) | Other Backward Classes (OBC) $ |
EWSs @ |
TOTAL | PwBD Category*# | ||||
| A | B | C | D | |||||||
| 1. Officers in Grade ‘B’(DR)- General | 27 | 10 | 4 | 19 | 6 | 66 | 1 | 8(7) | 1 | 4(4) |
| 2. Officers in Grade ‘B’(DR)- DEPR | 8 | 1 | 6(3) | 5 | 1 | 21 | - | - | 2(2) | 3(2) |
| 3. Officers in Grade ‘B’(DR)- DSIM | 2 | 1(1) | 4(4) | - | - | 7 | 2(2) | - | - | 1(1) |
Minimum Educational Qualifications :
| Posts | Minimum Educational Qualifications (as on July 01, 2024): |
| Officers in Grade 'B' (DR) - General | Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years. Note: Graduation Level Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above. Post-Graduation Level Any such course from a recognised University / Institute that is taken after Graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above. |
| Officers in Grade 'B' (DR) - DEPR | Essential a. A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR b. A Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance) c. For a) and b) above, minimum 55 per cent marks or an equivalent grade is required in aggregate of all semesters / years from a recognized Indian or Foreign University / Institute. * "Principal constituent" with respect to syllabus / curriculum means half or more of the total courses / electives / credits must be in Economics or Finance. Note-I For SC, ST and PwBD candidates, the minimum marks required in Master's Degree as in items (a) and (b) above is 50% marks or an equivalent grade in aggregate of all semesters / years. Desirable A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals. Note-II (i) Candidates having M.PhiI Degree and Doctorate Degree from a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively. (ii) Candidates having Master's Degree with research / teaching experience at a recognized Indian / Foreign University / Institute in Economics will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. (iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above. |
| Officers in Grade 'B' (DR) - DSIM | Essential: a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR c. Master’s Degree in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR d. Four-year Bachelor’s Degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme. Note-I For SC, ST and PwBD candidates, the minimum marks required in items (a), (b), (c), (d) and (e) above is 50% or an equivalent grade in aggregate of all semesters/ years. Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification. Note-II (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively. (ii) Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned. (iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above. |
Age Limit (As on July 01, 2024)
a) A candidate must have attained the age of 21 years and must not have attained the age of 30 years on July 01, 2024 i.e., he/she must have been born not earlier than July 02, 1994 and not later than July 01, 2003.
b) The upper age-limit prescribed above will be relaxed:
i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe, if the posts are reserved for them.
ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates, if the posts are reserved for them.
iii. up to a maximum of five years for ex-employees of banking institutions whose services had to be terminated for reasons of economy or because of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange.
iv. up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least five years Military Service as on July 01, 2024 and have been released.
Pay Scale :
Selected candidates will draw a starting basic pay of Rs 55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in Grade ‘B’ and they will also be eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are Rs.1,22,717/- (approximately). The House Rent Allowance of 15% of Pay will be paid, if accommodation is not provided by the Bank.
APPLICATION FEE AND INTIMATION CHARGES
| Sr. No. | Category | Charges | Amount* |
| 1. | SC/ST/PwBD | Intimation Charges only | ₹100/- + 18%GST |
| 2. | GEN/OBC/EWSs | Application fee including Intimation Charges | ₹850/- + 18%GST |
| 3. | STAFF@ | Nil | Nil |
HOW TO APPLY
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Candidates are required to apply only online using the website www.rbi.org.in and no other means/mode of application will be accepted. Detailed instructions for filling up online applications are given at Appendix-I which is available on the Bank’s website www.rbi.org.in. The applicants are advised to submit a single application, however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that the application with the higher Registration ID (RID) is complete in all respects like applicant’s details, examination Centre, photograph, signature, left thumb impression and handwriting undertaking, fee etc. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and Application Fee/Intimation Charges paid against one RID shall not be adjusted against any other RID.
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All candidates, whether already in Government Service, Government owned industrial undertakings or other similar organisations, whether in a permanent or temporary capacity or as work charged employees other than casual or daily rated employees or those serving under the Public Enterprises are required to submit an undertaking in the Online application that they have informed in writing to their Head of Office/Department that they have applied for the Examination. Candidates should note that in case a communication is received from their employer by the Board withholding permission to the candidates applying for/appearing at the examination, their application will be liable to be rejected/candidature will be liable to be cancelled. At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi-Government employer.
Important Dates:
| Events | Important Dates** | |
| Website Link Open for Online Registration of Applications and Payment of Application Fees/Intimation Charges | July 25 to August 16, 2024 (till 06:00 PM) | |
| Officers in Grade ‘B’ (DR)-General | Phase-I Online Examination | September 08, 2024 $ |
| Phase-II : Paper-I, II & III Online Examination | October 19, 2024 # | |
| ***Officers in Grade ‘B’ (DR) - DEPR* | Phase-I : Paper-I & II Online Examination | September 14, 2024 % |
| Phase-II : Paper-I & II Written Examination | October 26, 2024 % | |
| ***Officers in Grade ‘B’ (DR) - DSIM@ | Phase-I : Paper-I Online Examination | September 14, 2024 |
| Phase-II : Paper-II & III Online / Written Examination | October 26, 2024 # | |
Click Here to Download Official Notification
Click Here to Apply Online
(E-Book) RBI Grade-B Officers Previous Year Exam Papers
Study Kit for RBI Officers in Grade ‘B’ (General)-DR (Pre.) Exam
Courtesy: Reserve Bank of India
