COURSE » Banking

RBI Grade B (Phase 2) 2016

About Reserve Bank of India

The Reserve Bank of India is India's Central Banking Institution, which controls the Monetary Policy of the Indian Rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. RBI has its headquarters in Mumbai.

RBI Grade B exam

Name of the Post - Grade B General DR

Number of Vacancies - 163 (includes seats reserved for various categories as per Govt. of India rules)

Eligibility (As on 01/07/2016) - A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th and 10th standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be in aggregate for all semesters / years.

Age Limit (As on 01/07/2016) -. Between 21 and 30 years (candidates must have been born not earlier than 02/07/1986 and not later than 01/10/1995).


Selection Procedure -

  • Phase I - Preliminary Examination consisting of online objective tests of 2 hour duration for 200 marks. Approximately candidates equivalent to 20 times the number of posts would be shortlisted after the Phase - I preliminary examination for further selection process. The marks obtained in the Phase - I is only for shortlisting the candidates for the next step and shall not be considered for final selection.
  • Phase II - Mains Examination consisting of one descriptive test on (I) English, two compulsory objective tests on (II) Economic and Social Issues and (III) Finance & Management of 1.5 hours duration carrying 100 marks each. Adequate number of candidates under various categories would be shortlisted for further process on the basis of their performance in Mains Examinations.
  • Phase III - Interview - Interview is conducted of the candidates shortlisted for interviews on the basis of their performance in Mains examinations.
  • Final Selection - The final merit list is arrived at after considering candidates’ performance in Mains examinations and Interview. The selection will be made from the top merit ranked candidates in each category.

Date of Examination (Phase I) - September 04, 2016

Date of Examination (Phase II) - September 19, 2016

Detailed Notification - Click here

Paper Pattern (Grade B - 2016 Phase - II Examination)

1. English (Descriptive to be typed on Computer) - 100 Marks (90 Minutes) (Not part of test series)

2. Economic and Social Issues - 100 Marks (90 Minutes)

3. Finance and Management - 100 Marks (90 Minutes)


Frequently Asked Questions

Q. I have bought a test series package consisting of 10 tests, but after successful payment I can see only 4 or 5 or x tests of that test series?

Please don’t worry you would get all the tests before the scheduled date of examination. Mock tests are uploaded on an ongoing basis. A tentative monthly schedule of mock tests to be uploaded in a given month is on the homepage of the website.

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On submission of your mock test, your score and All-India rank would be immediately generated. The All India ranking is dynamic in nature and it would change as more number of users attempt that mock test.

Q. A mock test was made live on August 10, 2016. Am I supposed to attempt that test on that date itself
No, you can attempt or view analysis/solution of that test on any date or time as per your convenience before the validity date of a particular test expires. 

Q. What is the validity of the Test Package?

The test package is valid till February 28, 2017.

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Currently, our mock tests are available in English only.

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If the user is not satisfied with the quality of our mock tests, he/she can claim for refund within 6 days of your purchase. Your money will be fully refunded without any questions asked. To file a claim for refund, mail us on with the subject line Refund along with your transaction details.

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We believe that attempting 10-15 good standard mock tests of any exam followed by thorough analysis of each mock test is sufficient for an aspirant with sound fundamentals. Further, at PracticeMock, we strive to provide good quality mock tests with varying difficulty levels to prepare an aspirant for every kind of scenario in actual exam. We believe in giving limited number of good quality mock tests than giving sub-standard mock tests in huge quantity.

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Test Series Schedule

S No.


Date of Uploading

Valid Till


Economic and Social Issues 01

August 08, 2016

February 28, 2017


Finance and Management 01

August 12, 2016

February 28, 2017


Economic and Social Issues 02

August 16, 2016

February 28, 2017


Finance and Management 02

August 20, 2016

February 28, 2017


Economic and Social Issues 03

August 24, 2016

February 28, 2017


Finance and Management 03

August 28, 2016

February 28, 2017


Economic and Social Issues 04

September 01, 2016

February 28, 2017


Finance and Management 04

September 07, 2016

February 28, 2017


Economic and Social Issues 05

September 11, 2016

February 28, 2017


Finance and Management 05

September 15, 2016

February 28, 2017


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