Step-by-Step Guide to RBI Grade B Notification 2024
The Reserve Bank of India (RBI) releases the RBI Grade B Notification annually to recruit aspirants for the Officer Grade’ B’ (DR)–General, DEPR, and DSIM positions. This comprehensive guide is designed to equip you with all the essential details for RBI Grade B 2024, including eligibility criteria, exam pattern, selection process, application fees, and more, ensuring you are well-informed and prepared for the application process.
Overview of RBI Grade B 2024 Notification
- Release Date: Expected after the completion of the Lok Sabha Election Process.
- Official Website: www.rbi.org.in
Examination Stages
To secure the position of RBI Grade B Officer, candidates must qualify through three stages:
- Phase I
- Phase II
- Interview
Important Updates
- Save this guide, as it will be continually updated with the latest information regarding RBI Grade B Notification 2024.
RBI Grade B Notification 2024 PDF
The detailed PDF of the RBI Grade B Notification will be available on the official Website, which is the most reliable source for all required information regarding the recruitment process. You can trust the official website to provide you with accurate and up-to-date information.
RBI Grade B Exam Date 2024
The exam dates will be announced with the release of the official notification. Candidates are advised to start preparing for the exam without waiting for the notification to be released. The exams will be conducted on different dates for various posts, and applicants must appear for all Phase II papers, which will be conducted on the same day in different shifts.
Application Process
- Online Application: The RBI will activate the online application link on its official portal. Candidates will have 30 days to submit their applications, which will be finalized after successfully paying fees.
Application Fees
Based on the previous notification, the application fees are as follows:
- General/OBC: Rs. 850 + 18% GST
- ST/SC/PWD/EXS: Rs. 100 + 18% GST
Vacancy Details
The RBI Grade B vacancy details for 2024 will be announced soon. The previous year’s vacancies were:
- Officers in Grade ‘B‘ (DR)–(General): 222
- Officers in Grade ‘B‘ (DR)–DEPR: 38
- Officers in Grade ‘B‘ (DR)–DSIM: 31
- Total: 291
Eligibility Criteria
Candidates must ensure they meet the eligibility criteria before applying. The details are provided below:
Educational Qualifications
- Officers in Grade ‘B‘ (DR)–(General):
- Minimum 60% marks (50% for SC/ST/PwBD) or equivalent grade in Bachelor’s degree, 12th, and 10th Standard examinations.
- Officers in Grade ‘B‘ (DR)–DEPR:
- Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course / Finance with a minimum of 55% marks or equivalent grade.
- Officers in Grade ‘B‘ (DR)–DSIM:
- Master’s Degree in Statistics / Mathematical Statistics / Mathematical Economics / Econometrics / Statistics & Informatics from IIT-Kharagpur / Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade.
Age Limit
- Minimum: 21 years
- Maximum: 30 years
Number of Attempts
- General Category: 6 attempts
- SC/ST/OBC/PWD: No bar on the number of attempts
Selection Process
The selection process consists of three phases:
- Phase I: Online, 120 minutes, negative marking of 1/4 mark per wrong answer.
- Phase II:
- Paper 1: Economic & Social Issues
- Paper 2: English
- Paper 3: Finance & Management
- Interview: 75 marks, with a psychometric test before the interview.
Salary
- Starting Basic Pay: Rs. 55,200/- per month on a pay scale of Rs. 55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750 (16 years).
- Initial Monthly Gross Emoluments: Rs. 1,16,914/- (approx.), excluding House Rent Allowance (HRA). The salary structure includes various allowances and benefits, making it a lucrative opportunity for aspiring candidates.
- HRA: 15% of Basic Pay if the bank does not provide accommodation.
The RBI Grade B 2024 salary is handsome, making it a lucrative opportunity for aspiring candidates.
*Stay updated with this guide for the latest RBI Grade B Notification 2024 information.