The RBI Grade B Officer exam is just around the corner. It’s starting from 9th July 2023. We will update you on any new announcements or notifications as soon as it’s reflected on the RBI’s website. So, keep a sharp lookout for the next notification on our blog. Considering the proximity of the exam date we are focusing more on the most probable questions and their patterns in our Mock Tests and other resources. You may try FREE Mock Tests available on the PracticeMock website. Sign Up now to leverage all the free resources.
RBI Grade B Officer Exam Pattern
Let us start with a quick glance over the exam pattern. The RBI Grade B Officer Exam is conducted in 3 phases. Phase I, Phase II followed by an interview.
Phase I
Phase I exam has one paper comprising objective type question papers.
Topics | No of Questions | Marks allocated | Duration |
General Awareness: | 80 | 80 | 25 |
Quantitative Aptitude: | 30 | 30 | 25 |
English Language: | 30 | 30 | 25 |
Reasoning: | 60 | 60 | 45 |
Phase II
Phase II exam consists of 3 papers. English is completely descriptive while the other two papers are mix of objective and descriptive questions.
Paper | Type of Questions | Marks |
Economic and Social Issues | Objective & Descriptive | 100 |
English (Writing Skills) | Descriptive | 100 |
Finance and Management | Objective & Descriptive | 100 |
Interview
For the interview, there is a panel of experts who test the candidate’s overall personality to determine whether the candidate is fit for the post.
What is the Role & Responsibility of an RBI Grade B Officer?
The RBI Grade B Officer is responsible for managing the monetary policy, regulating the banking system, issuing currency, maintaining financial stability, and performing other functions related to the economy and finance of the country. They are also involved in the policy and planning decisions of the RBI. Besides, they get a lot of opportunities to work with international organizations like the World Bank and the IMF.
A 10-Day Mock Test Challenge for RBI Grade B
MOCK TEST 1 | First Free Mock Test RBI Grade B Phase I |
MOCK TEST 2 | Mock Test Challenge Shift 1 Complete Analysis |
MOCK TEST 3 | Online Mock Test & Know Your AIR |
MOCK TEST 4 | Solve Free Puzzles & Quizzes |
MOCK TEST 5 | Mock Test Challenge Online |
MOCK TEST 6 | Practice Topic Tests & Mini Mocks |
MOCK TEST 7 | Mock Test Challenge Online |
MOCK TEST 8 | Online Mock Test & Know Your AIR |
MOCK TEST 9 | Solve Free Puzzles & Quizzes |
MOCK TEST 10 | Mock Test Challenge Shift 2: Complete Analysis |
Syllabsu
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Syllabus of the RBI Grade B Exam 2023
Phase I Syllabus
Reasoning | Quantitative Ability | English Language | General Awareness |
Logical Reasoning | Profit & Loss | Reading Comprehension | Current Affairs |
Ranking/Direction/Alphabet Test | Simplification | Cloze Test | Indian Financial Systems |
Alphanumeric Series | Mixtures & Alligations | Para jumbles | Indian Banking Systems |
Data Sufficiency | Work & Time | Fill in the blanks | National Institutions |
Seating Arrangement | Simple Interest & Compound Interest & Surds & Indices | Miscellaneous | Monetary Plans |
Coded Inequalities | Time & Distance | Multiple Meaning /Error Spotting | Banking Terms |
Syllogism | Data Interpretation | Paragraph Completion | |
Puzzle | Mensuration – Cylinder, Cone, Sphere | ||
Tabulation | Ratio & Proportion, Percentage | ||
Blood Relations | Number Systems | ||
Coding-Decoding | Sequence & Series | ||
Input-Output | Permutation, Combination &Probability |
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Phase II Syllabus
Subject | Syllabus |
Economic & Social Issues | Growth and Development Economic Reforms in India Globalization Social Structure in India |
Finance | Financial System Financial Markets Risk Management Basics of Derivatives Development in Financial Sector Union Budget Inflation |
Management | Role of Manager Human Resource Development Motivation, Morale and Incentives Communication Corporate Governance |
Salary Structure of the RBI Grade B Officer
The salary structure for this post is Rs 55,200-2850 (9)-80,850-EB-2,850 (2)-86,550-3,300 (4)-99,750 (16 years).
To understand it better, the initial basic pay is Rs 55,200. After that they will receive an increment of Rs 2,850 for up to 9 years of service. From here, they will receive an increment of Rs 2850 for the next 2 years and then an increment of Rs 3,300 for the next 4 years. The maximum basic pay after 16 years will be Rs 99,750.
Initial Salary of RBI Grade B Officer (without deduction) | |
Salary Component | Amount |
Basic Pay | Rs. 55,200 |
Grade Allowances | Rs. 6,800 |
Dearness Allowances | Rs. 23,144 |
Housing Allowance | Rs. 5,273 |
CVPS Incentives | Rs. 827 |
Special Prerequisite Allowances | Rs. 1,465 |
Special Allowances- Direct Recruit | Rs. 1800 |
Local Compensatory Allowances | Rs. 3,664 |
Meal Allowance | Rs. 160 |
Gross Pay (approx.) | Rs. 1,08,404 |
Final Words
In the last moment, make a checklist of all the topics in the syllabus and tick off all the topics that you have completed and plan how you’ll go about the exam with them. Practice Mock test challenges to assess and evaluate. Sign Up for free mock tests. Keep doing revisions and keep a positive outlook. Best of luck!
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