The Reserve Bank of India (RBI) has announced the exam dates for the Grade B posts. You can apply online at rbi.org.in until 9th June 2023. The Phase 1 Exam will be held on 9th July 2023, followed by the Phase 2 Exam on 30th July and 16th July 2023 for General, DEPR, and DSIM posts. This blog will look at the key dates and a Free Mock Test! You’ll learn when to apply, when to study, and when to ace the exam. Plus, you’ll get a free practice test to boost your confidence and skills.
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RBI Grade B 2023 Notification- Overview
Organization | Reserve Bank of India |
Name of Exam | RBI Grade B Officer Exam |
Vacancies | 291 |
Category | Bank Jobs |
Online Registration Starts | 09th May to 09th June 2023 |
Exam Level | National |
Selection Process | Prelims-Mains-Interview |
Job Location | All Over India |
No of Attempts | 6 |
Official Website | www.rbi.org.in |
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RBI Grade B 2023- Important Dates
Don’t miss any key events or dates for the RBI Grade B 2023 Notification. Check the table below for all the details:
RBI Grade B Notification | |
Event | Date |
RBI Grade B Notification | 26th April 2023 (Short) 9th May 2023 (Detailed) |
RBI Grade B Apply Online 2023 Starts | 09th May 2023 |
Last date to submit the online application form | 09th June 2023 (6.00 PM) |
RBI Admit Card for Phase-I Exam | 09th June 2023 (6.00 PM) |
RBI Grade B 2023 Exam Dates: Phase I & II | |
Officers in Gr B (DR)- General Phase-I – Online Examination | 09th July 2023 |
Officers in Gr B (DR)- Phase-II – Paper I, II & III Online Examination | 30th July 2023 |
Officers in Gr B (DR) – DEPR- Phase I – Paper – I – Online Examination | 16th July 2023 |
Officers in Gr B (DR)- DEPR- Phase-II – Paper I, II & III Online Examination | 02nd September 2023 |
Officers in Gr B (DR)- DSIM- Phase I – Paper – I – Online Examination | 16th July 2023 |
Officers in Gr B (DR)- DSIM- Phase I – Paper – II & III – Online Examination | 19th August 2023 |
RBI Grade B Final Result 2023 | To be notified |
RBI Grade B 2023 Practice Mock Tests
RBI Grade B 2023 Vacancy
The RBI Group B Notification 2023 pdf reveals 291 vacancies for the RBI Grade B 2023 Exam. You can apply for Officers in Grade ‘B’ (DR)–(General) with 222 spots, Officers in Grade ‘B’ (DR)–DEPR with 38 vacancies, or Officers in Grade ‘B’ (DR)–DSIM with 31 spots.
RBI Grade B Vacancy 2023 | |
Post Name | Vacancy |
Officers in Grade ‘B’ (DR)–(General) | 222 |
Officers in Grade ‘B’ (DR)–DEPR | 38 |
Officers in Grade ‘B’ (DR)–DSIM | 31 |
Total | 291 |
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RBI Grade B Exam Pattern
RBI Grade B 2023 Exam will be conducted in 3 phases:
- Phase-I or Prelims;
- Phase-II or Mains
- Interview
To become a Grade B Officer in the Reserve Bank of India, you must ace all three phases of the selection process. Your final ranking will depend on how well you do in the main exam and the interview round.
RBI Grade B Exam Pattern For Prelims Exam
- You will have 120 minutes to complete the RBI Grade B Prelims exam, which is worth 200 marks.
- Each section will have a fixed time limit, which you can find in the admission letter.
- The exam will cover four main topics.
Subject | Questions | Marks | Duration |
---|---|---|---|
General Awareness, Quantitative Aptitude, English Language, and Reasoning | 200 | 200 | 2 hours (120 minutes) |
Total | 200 | 200 | 2 hours |
RBI Grade B Exam Pattern For Mains Exam
The mains exam consists of three papers with different requirements. If you are applying for RBI Grade B Officers in Gr B (DR)- General, you need to take papers I, II, and III. If you are applying for RBI Grade B Officers in Gr B (DR)- DEPR & DSIM, you only need to take Paper-II and III. Paper I & III have both objective and descriptive questions, while Paper- II is only descriptive. Each paper is worth 100 marks. The English paper tests your writing skills.
Paper | Format | Duration | Marks |
Paper-I Economic & Social Issues | Objective | 30 Minutes | 50 |
Descriptive | 90 Minutes | 50 | |
Paper-II English (Writing Skills) 3 Questions | Descriptive | 90 Minutes | 100 |
Paper-III Finance and Management | Objective | 30 Minutes | 50 |
Descriptive | 90 Minutes | 50 |
RBI Grade B Officer Interview
Your performance in Paper-I, Paper-II, and Paper-III of the Phase II exam will determine if you qualify for the interview. The interview will test your skills and knowledge for 75 marks.
How to Prepare for RBI Grade B?
Do you want to be an RBI Grade B Manager in the Reserve Bank of India? Then you need to ace the Phase I, Phase II, and Interview stages. But time is running out. You have only 2 months from the online application date to the Phase I exam on 9th July 2023. So how do you prepare for the exam? Here are some tips:
- Check out the RBI Grade B Latest syllabus and the RBI Grade B Previous Year Question papers. Know what to expect in the exam.
- Sort out the chapters in Economic and Social Issues, and Finance & Management. Make a study plan to cover them all.
- Keep up with Current Affairs, Government Schemes, RBI Reports and Indices, and other important topics.
- Practice questions for Quantitative Aptitude, Reasoning, English, and Current Affairs.
- Join a Mock Test series to test your skills and knowledge.
- Believe in yourself and be consistent with your preparation.
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RBI Grade B Salary Structure
Imagine landing a job as an Officer in the RBI Grade B 2023 Exam. You would be earning a whopping 12-14 Lac every year, with a generous pay scale that keeps increasing as you serve. Your starting basic pay would be Rs 55,200/-, and every year you would get a raise of Rs 2850/- for nine years straight. That’s not all. After nine years, you would enter the executive band and get a huge jump to Rs 80,850/- as your basic pay. And you would still get more raises of Rs 2850/- for two years and Rs 3300/- for four years. By the end of your service, you would have a basic pay of Rs 99,750/- without even getting promoted.
But wait, there’s more. You would also enjoy various allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, and so on. These would make your life comfortable and convenient as an Officer in RBI. That sounds like a dream job, right? So, start your preparation with 1 FREE Mock right away!
FAQs
Q. Is RBI Grade B conducted twice a year?
Ans. Nope, the Reserve Bank of India only holds the RBI Grade B exam once every year for General, DEPR, and DSIM positions.
Q. What is the age limit for posts announced under RBI Grade B Recruitment 2023?
Ans. You need to be at least 21 years young and no more than 30 years old. But don’t worry, the RBI gives some age relaxation as per its norms.
Q. Can I apply for the RBI Grade B posts if I’m still in college?
Ans. Sorry, you need to have finished your graduation to apply for the RBI Grade B posts.
Q. How many times can I try my luck in the RBI Grade B officer exam?
Ans. Well, if you’re a general candidate, you can only take 6 shots at it. But if you belong to SC/ST/OBC/PWD categories, you can take as many shots as you want.
Q. Is there any negative marking for RBI Grade B Exam?
Ans. Yes, you do. For every wrong answer, you lose 0.25 marks in the RBI Grade B exam.
Q. What is the selection process for RBI Grade B Posts?
Ans. The RBI will test your skills and knowledge in three stages:
- Phase-I or Prelims
- Phase-II or Mains
- Interview
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