5 Reasons to start RBI Grade B 2023 Exam Preparation via Free Mock Test

Are you looking for the best entry-level Government cum Banking job in India? If yes, the RBI Grade B officer’s post is the best job for you to compete for. Known as the architect of India’s economy RBI is the banker of the banks. It is one of the most Coveted Jobs across the nation. Along with a robust salary package, it offers job security, designation, and multiple benefits that attract millions of aspirants to compete for this post. But, only those aspirants who but unfortunately few prominent get the chance to work with the Reserve Bank of India.

We would jot down all the important pointers in this RBI Grade B exam preparation guide for beginners so that you can prepare better to get into the country’s central bank, RBI

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5 Reasons to start RBI Grade B 2023 Exam Preparation via Free Mock Test

Here are some of the best benefits of becoming an RBI Grade B officer:

1. A Respected Profile

RBI Grade B officer is one of the best entry-level posts in India. RBI grade b officers or Managers are very much respected in the entire banking sector. These officers deal with various critical issues of the banking industry, which sometimes news headlines.

2. Robust Salary & Perks

The Pay Scale for the RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750(16 years). This means that you will be having basic pay of Rs. 55,200/- in which you will get an increment of Rs. 2850/- up to nine years of your service. After the completion of nine years, you will get into the executive band wherein the basic pay will be Rs. 80850/- and then again for the next two years you will get an increment of Rs. 2850/- and further an increment of Rs. 3300/- for the following 4 years thus ending up with the basic pay of Rs. 99,750/- and this is when you don’t get any promotion. In addition to the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc. will also be provided. RBI Grade B officers are given a large number of perks like Leave Fare Concession, Concessional interest rates for Car/ House/ Education, etc loans, Newspaper, Book grants, Transport charges, Interest-free festival advances, Medical Facilities, Residence Furnishing allowance, etc to name a few!

3. Terrific Growth Opportunities

The career of a Grade B officer proceeds more quickly than any other Banking post in the entire Banking sector. A person who joins as a Grade B officer can reach the post of Deputy governor after constant promotions. The candidates employed as RBI Grade B Officers get promoted in the following series:

• Assistant Manager
• Manager
• Assistant General Manager
• Deputy General Manager
• General Manager
• Chief General Manager
• Principal Chief General Manager
• Executive Director
• Deputy Governor
• Governor

FACTS:

 Do you know that Anand Sinha who served as the Deputy Governor of RBI in 2013-14 was also a Grade B Officer? Plus, B.P. Kanungo, also joined the organization as RBIGrade B Officer was appointed as a Deputy Governor of RBI was a non-commerce graduate.

4. Good for Learning

RBI is well known for its talent pool that attracts candidates from IITs and IIMs and others holding degrees and certifications from many foreign universities. Working with these individuals pending your day provides one with a different perspective on many things and instills encouragement to learn more new things. Even though the officers don’t directly deal with the public, they work extremely hard in the back end to improve the banking system.

5. Work-life Balance for RBI Grade B Officers

This job allows you to maintain a balance between your professional as well as personal life. At RBI, there are normal working hours, as compared to other PSU banks. It allows you to spare time for other personal activities on Weekends (Saturday and Sunday) that are off, except for those days that are directly related to banking operations viz. NEFT etc.

How do you beat the fierce competition and achieve your aim?

Preparing for an RBI grade B officer’s post in 2 or 3 months is a really tough job. A good study schedule and regular practice are needed to beat the fierce competition it involves. Therefore, you need not wait for the Why wait for the notification to be out when your ultimate target is to clear the RBI grade B 2023 exam. Don’t forget that this is the exam that attracts Arts and commerce graduates, students preparing for and failed in UPSC exams, MBAs, and even IITians and Ph.D. holders. But, you shouldn’t be discouraged by the competition. You will stay ahead of other candidates and win if you’ll start your preparation early.

Takeaway

From what we have discussed above, it all melts down to well begun is half done. So, to help boost your preparation process, we have launched new RBI Grade B officer Mock Tests. So, without wasting your time, you can start your preparation or at least know where you stand right now via a Free Mock Test. And know the scope of improvement and the minimum time needed for the required improvement.