RBI Assistant vs. IBPS PO: Making the Right Career Choice: Are you confused about which exam you should choose, RBI Assistant or IBPS PO exam? As the IBPS PO Prelims is just 4 days away let’s compare RBI Assistant and IBPS PO exam, for those who are curious about concentrating on one of the exams.
RBI Assistant and IBPS PO exams are amongst the most prestigious and sought-after banking exams in India. Every year, lakhs of aspirants from around the country come on a single platform to face the cut-throat competition to either become a part of RBI or IBPS as POs and clerks or assistants. One is a clerical cadre exam and the other one is an officer-level exam.
As both the exams are due in 2021, let’s compare them from different angles and perspectives to give a better understanding of these two posts and help you in choosing one of the posts.
Highlights-IBPS PO vs RBI Assistant
| Exam | IBPS PO | RBI Assistant |
| Conducting Body | Institute of Banking Personnel Selection | Reserve Bank of India |
| Selection Stages | Prelims Mains Interviews | Prelims Mains Language Proficiency Test |
| Exam Type | Online | Online |
| Post Offered | Probationary Officer (Officer Level) | Assistant (Clerical Level) |
| Participating Organisations | Total 21 Banks | Reserve Bank of India |
Exam Pattern Comparison between IBPS PO & RBI Assistant
| IBPS PO | RBI Assistant |
| Prelims: This exam consists of 3 sections in the Prelims exam. You will get 20 minutes for each section. The overall time allotment is 1 hour. The total marks for this exam will be 100. A negative marking of 0.25 is there. You will have to clear the sectional and the overall cut-off to reach the mains phase or exam. | Prelims: This exam consists of 3 sections namely English language, Reasoning Ability, and Quantitative Ability. You will get a total of 1 hour to complete the exam. 0.25 will be deducted by way of negative marking in case you’ll give a wrong answer. You will have to clear the sectional as well as the overall cut-off in order to reach the mains phase of the exam. Total marks for the exam will be 100. |
| Mains: In this exam candidates are challenged in 4 sections with an additional descriptive writing section at the end. The sections are as follows – Reasoning and computer aptitude, General/economy awareness, English Language, DI which will be followed by the Descriptive writing questions at the end. A negative marking of 0.25 is there. Candidates will be judged for the selection of the PO position based on Mains score and the performance in the interview. IBPS generally does consider the Prelims exam as an elimination round. | Mains: The candidates will be tested in 5 sections of this exam namely Computer, English Knowledge, Bank/economy/general awareness, numerical ability, and computer aptitude. The total time allotment to the exam is 2 hours. Candidates will have to clear the sectional as well as the overall cutoff in this exam also clear the level. A negative marking of 1/4th is there in the exam. Attempt PracticeMock’s well-researched RBI Assistant Prelims Mock Tests, revise the entire syllabus in a blink of an eye & clear the upcoming exam! |
Job Profile Comparison between IBPS PO & RBI Assistant
| IBPS PO | RBI Assistant |
| · Manage the job at the Front Desk · Bring in New Business to the Bank · Processing of Loans · Accounts and cash handling · Supervise Work · Handle various Departments & Coordinate work among Department · Reporting and verification | JOB PROFILE · Maintaining files · Data Entry · Respond to RTI Queries · Currency Issue & Circulation · Replying and maintaining Email logs · Verification of Banking Documents Attempt PracticeMock’s well-researched RBI Assistant Prelims Mock Tests, revise the entire syllabus in a blink of an eye & clear the upcoming exam! |
Pay Scale & Allowances difference between IBPS PO & RBI Assistant
| RBI Assistant | IBPS PO |
| Basic Pay-13150/- INR | Basic Pay-23700/- INR |
| Pay Scale – 13150-750(3)-15400-900(4)-19000-1200(6)-26200-1300(2)-28800-1480(3)-33240-1750(1)-34990(20 years) | Pay Scale – 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020 |
| Gross Salary-36091/- INR | Gross Salary-38703/- INR |
| Other Perks and Allowances include: -Housing accommodation -Book grant, newspaper, and briefcase -Reimbursement of vehicle maintenance expenses -Interest-free Festival Advance -Reimbursement of medical expenses for hospitalization and OPD treatment -Advances and loans at concessional interest rates for car, housing, education, personal computer, consumer articles, etc. -Leave Travel Concessions for the employee’s family once every two years | Other Perks and Allowances include: -Dearness Allowance -House Rent Allowance -Special Allowance -City Compensatory Allowance |
Difference in Career Growth Prospects
| IBPS PO-Career Growth Prospects: The promotion grades are Manager (Scale II), Senior Manager (Scale III), Chief Manager (Scale IV), AGM (Scale V), DGM (Scale VI), and GM (Scale VII). After that Executive Director and CMD (Chairman and Managing Director) are appointed by the Govt of India. Almost all EDs and CMDs of banks started their career as PO. A few selected ones also get a chance to become Deputy Governor (DG) in RBI | RBI Assistant-Career Growth Prospects: After completing two years of the service periods as an RBI Assistant, if you qualify for the examination, you will be promoted to be Grade A Officer or the Assistant Manager, which is the lowest grade in the hierarchy of Officer Cadre. After that, if you apply again for the promotion test, you will be promoted to Grade B or Managerial Level, then likewise to Grade C or Assistant General Manager, Grade D or Deputy General Manager, Grade E or General Manager, and finally to Grade F or Deputy Governor Attempt PracticeMock’s well-researched RBI Assistant Prelims Mock Tests, revise the entire syllabus in a blink of an eye & clear the upcoming exam! |
RBI Assistant Vs IBPS PO -Which one to choose?
By now, the above-mentioned comparisons from different angles would have helped you to understand the benefits and responsibilities that both the RBI Assistant and IBPS PO demand. The comparisons or analysis will help you to analyze each of the factors in both the sectors of Bank jobs and aid you in the best possible manner to decide while choosing what can be the best career choice for you. So, it is better to avoid any confusion and make a well-informed decision and start preparing for the upcoming RBI Assistant or IBPS PO exam.
IBPS PO 2021 Mock Tests for Quick-Revision!
Now that there are only 4 days left for the arrival of IBPS PO Prelims Mock Tests, you can revise every topic from the vast IBPS PO 2021syllabus, via PracticeMock’s well-designed and exam-like Mock Tests. By attempting the PracticeMock’s Mock Tests, you will cover each and every important topic from the syllabus and this will not help you in understanding the exact exam pattern and the patterns of questions that the actual exams will invite, but will also make you confident in facing the actual exam. In addition, you must prepare yourself in a way that you can answer all sorts of questions of every level. You can get a FREE IBPS PO Mock Test to know how effectively it can speed up your revision.
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