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RBI Grade B 2022 Overview

Roughly around 3 lakh candidates appear every year for the RBI Grade B exam and it is one of the most reputed exams in the banking sector. As always, the Reserve Bank of India (RBI) will conduct RBI Grade B 2022 recruitment exam for a total of 322 vacancies this year. Its vast syllabus and a limited number of vacancies make it one of the toughest, grandest, and sought-after banking exams in India. And now more and more people want a career in RBI, and that too as a Grade B officer making the competition harder and harder with every passing year.

No doubt, RBI Grade-B Exam is a tough nut to crack! But with proper preparation strategy and regular testing of your skills & newly-acquired knowledge, you'll become part of the RBI family for sure! To be a part of RBI as a Grade B Officer, one has to successfully crack both the phases of the RBI Grade B exam along with the Interview.

To be a part of RBI as a Grade B Officer, you will have to clear both the phases (I & II) of the RBI Grade B exam along with the Interview.

PracticeMock is an all-in-one platform that caters to all the demands of an RBI Grade B aspirant 24/7 with valuable information, notes, updates, RBI Grade B 2022 Mock Tests and much more!

Let's take a dive into the RBI pool to know what an RBI Grade B exam expects from you and how you can clear it on the very first attempt!

RBI Grade B 2022 Notification

Every year, RBI or Reserve Bank of India releases the notification for the Grade B Officers post in the various department of the Reserve Bank of India. For 2022, RBI Grade B notification has already been released for various posts that include:

• Officers in Grade 'B' (DR) - (General)
• Officers in Grade 'B' (DR) - DEPR
• Officers in Grade 'B' (DR) - DSIM

With the release of the official RBI Grade B 2021 notification, RBI revealed having to fill a total of 294 vacancies, out of which 238 posts were for the RBI Grade B General post, 31 for DEPR, and 25 posts for DSIM, this year.

RBI Grade B Officer Exam 2022 Highlights

RBI Grade B 2022 Eligibility Criteria

Eligibility criteria for RBI Grade B examination are as follows:

Age Limits

(As of the January 1, 2022) – 21 to 30 Years 

Relaxation in Age Limit:

• Up to 2 Years for M.Phil. Candidates and 4 Years for Ph.D. candidates
• Up to 3 years for OBC candidates or Non-Creamy Layer
• Up to 5 years for SC/ST candidates
• Up to 10 years for PwBD (UR), 13 years for PwBD (Person with Benchmark Disability) for OBC, and 15 years for PwBD (Person with Benchmark Disability) for SC/ST

Note: A candidate who has experience as an officer in commercial banks/financial institutions (Public Sector) may claim a maximum of 3-years of relaxation, excluding probation period.

Minimum Education Qualification

Officers in Grade ‘B' (DR) – (General): An interested applicant must be a Graduate in any discipline or must have an Equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants) or a Post-Graduate or have an Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters or years.

Maximum Number of Attempts

As far as the maximum number of attempts is concerned, candidates from UR Category can enjoy a maximum of 6 Attempts and there is no restriction on the number of attempts for SC/ST/OBC/PwBD/EWSs.

RBI Grade B 2022 Selection Procedure

RBI Grade B Exam is conducted in 3 phases (Phase I, II & III. Phase I or the Prelims exam is an objective-type exam consisting of 4 sections, English Language, Logical Reasoning, Quantitative Aptitude, and General Awareness. Each phase acts as an elimination round, where only those candidates are allowed to appear in the Mains Examination who clear the Phase II exam. Psychometric Test & Interview (Phase III) will be the last or final stage of the exam.

RBI Grade B Phase-I Exam Pattern

RBI Grade B Phase-I exam consists of 4 sections. There is no sectional time limit. The total duration of the RBI Grade B Phase- I is of 120 minutes. There is a negative marking of ¼ for wrong answers. Given below are the distribution marks amongst each section:

Note:

1. Candidates have to secure minimum marks separately for each test as well as aggregate, as prescribed by the Board.
2. There will be penalty for wrong answers marked by you. For every wrong answer marked by you, 1/4th of the marks assigned to that question will be deducted as penalty.
3. Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in Phase-I. The minimum aggregate cut off marks for being shortlisted for Phase-II of the Examination will be decided by the Board in relation to the number of vacancies.
4. Roll No. of the candidates shortlisted for Phase-II examination will be published on RBI website tentatively within a week after Phase-I examination.

RBI Grade B Phase-II Exam Pattern

RBI Grade-B Phase-II exam consists of 3 sections. You are given 90 minutes for each section of the exam, making a total time duration of 270 minutes.

Note:

1. Paper III (Finance and Management) will take place in morning shift, followed by Paper I (Economics and Social Issues) and Paper II (English) in afternoon shift without any break between Paper I and Paper II.
2. For Paper I and Paper III, 30 minutes duration is allotted to attempt objective type questions.
3. After 30 minutes, descriptive type paper will start for which 90 minutes duration is allotted. You will not be able to shuffle between objective/descriptive Papers.
4. For Paper I and Paper III, descriptive type paper the word limit shall be 600 words for 15 marks questions and 400 words for 10 marks questions.

RBI Grade B Phase-III- Interview

The interview will be of 75 marks and the medium of interview will be English/Hindi either of which candidates can opt for. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview. The names of the centres where interviews will be conducted are: Ahmedabad – Gandhi Nagar, Jammu, Bengaluru, Kanpur, Bhopal, Kochi, Bhubaneswar, Lucknow, Kolkata, Mumbai- Navi Mumbai, Chandigarh- Mohali, Nagpur, Chennai, New Delhi- NCR, Guwahati, Patna, Hyderabad, Pune, Jaipur, Thiruvananthapuram.

Candidate shall be required to undergo Psychometric Test conducted by the Bank before appearing for the Interview, no marks will be allotted for the same, and will not form part of the final selection criteria. Candidates may opt for interview either in Hindi or English. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase- II examination and interview and grace marks as applicable as per extant rules.

RBI Grade B 2022 Important Dates

Below are the important dates you should keep a track of, if you are serious about RBI Grade B 2022 preparation.