Home Notifications Recruitment RBI Grade B Officer Recruitment 2019 Notification, Salary

RBI Grade B Officer Recruitment 2019 Notification, Salary


Last update : September 21, 2019

RBI Grade B Officer Recruitment 2019 - Reserve Bank Of India has released notification for the recruitment of 199 RBI Grade B Officer vacancies 2019. The candidates can check RBI 2019 selection process, age & education eligibility criteria, salary, grade pay, exam pattern and other RBI Jobs 2019 recruitment details on this article below. You can download the official RBI Grade B Officer 2019 notification from the link given below.

The selection for the posts of RBI Grade B Officer 2019 will be done on the basis of online/written test. The eligible and interested candidates can apply for RBI Grade B Officer vacancies 2019 using direct link given on this page below. The last date for the application submission is 11-Oct-2019.


RBI Grade B Officer 2019 Notification and Apply Here


LATEST UPDATE:

Reserve Bank of India has released the notification for the recruitment of 199 RBI Grade B Officer vacancies.

RBI Grade B Officer 2019 Exam Dates & Calendar : 

Notice Title Important Dates
Application Submission Starts
21-Sep-2019
Last Date of Application Submission
11-Oct-2019
Last Date of Application Fee Submission
11-Oct-2019
Date of Admit Card Issuance
TBD
Exam Date
  • Phase 1 : 09 Nov 2019 (Paper 1)
  • Phase 2 : 01 - 02 Dec 2019 (Paper I,II & III)
Answer Key
TBD
Result, Marks & Selection List TBD

QUICK LINKS: 

RBI Grade B Officer Vacancies 2019 - Category Wise :

POST TITLETOTAL
RBI Grade B Officer199


RBI Grade B Officer 2019 Salary & Pay Scale :

POST TITLE PAY
RBI Grade B OfficerRs. 77,208/-


RBI Grade B Officer 2019 Eligibility Criteria


Age Limit :

  • 21 - 30 years (As on 01.09.2019)


Age Relaxation :

There are permissible relaxation of upper age limit as per Government Rules. Here are the most common relaxations :

CategoryAge Relaxation
SC / ST5 years
OBC3 years
PH10 years
PH OBC13 years
PH SC / ST15 years


Education Qualification :

Post NameQUALIFICATION
RBI Officer Grade B (General)
  • A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor's degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations
  • The minimum qualifying percentage or an equivalent grade for the Bachelor%u2019s degree will be in aggregate for all semesters / years 
RBI Officers Grade B (DR)
  • A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
  • PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR 
  • Master%u2019s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute
RBI Officers Grade B (DR)
  • A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR
  • Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR
  • M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR 
  • Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.


RBI Grade B Officer Recruitment Process 2019


RBI Grade B Officer Selection Process 2019 :

The selection of the candidates will be done on the basis in the following steps :

  • Phase 1 & Phase II Online Exam
  • Interview


RBI Grade B Officer Exam Pattern 2019 :

The RBI Grade B Officer recruitment examinations will be conducted under following terms and guidelines -

Online Examination (Phase I) :

Paper / Subject TitleMarksDuration
General Awareness , English Language , Quantitative Aptitude and Reasoning
200

120 Mins

Online Examination (Phase II) :

PaperPaper TypeTimeMarks
Paper I : Economic and Social Issues Objective90100
Paper II : English (Writing Skills)Descriptive90100
Paper III : Finance and ManagementObjective90100

Interview:

 Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Total Marks of Paper-I , Paper-II and Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID. Interview will be of 50 marks. Candidate 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

RBI Grade B Officer Syllabus 2019 :

The RBI Grade B Officer written exam includes the following topics as part of the syllabus.

Phase II Exam Syllabus :

Paper-I - Economic and social Issues: Growth and Development : Measurement of growth: National Income and per capita income - Poverty Alleviation and Employment Generation in India's Sustainable Development and Environmental issues. Economic Reforms in India  -  Industrial and Labour Policy  Monetary and Fiscal Policy  -  Privatization  -  Role of Economic Planning. Globalization, Opening up of the Indian Economy  -  Balance of Payments, Export-Import Policy  -  International Economic Institutions  -  IMF and World Bank  -  WTO  -  Regional Economic Co-operation. Social Structure in India  -  Multiculturalism  -  Demographic Trends  -  Urbanization and Migration  -  Gender Issues  -  Social Justice : Positive Discrimination in favor of the under privileged  -  Social Movements  -  Indian Political System  -  Human Development  -  Social Sectors in India, Health and Education.

Paper-II -English (Writing Skills): The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Paper-III -Finance and Management: 

(I) Finance : Financial System

  • Regulators of Banks and Financial Institutions
  • Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions - SIDBI, EXIM, NABARD, NHB, etc.

(ii) Financial Markets :

  • Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments

(iii) General Topics

  • 1. Risk Management in Banking Sector
  • 2. Basics of Derivatives: Forward, Futures and Swap
  • 3. Changing Landscape of Banking sector
  • 4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
  • 5. Financial Inclusion- use of technology
  • 6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
  • 7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
  • 8. The Union Budget - Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
  • 9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.

Management : 

Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal - Potential appraisal and development - Feedback and Performance Counselling - Career Planning - Training and Development - Rewards - Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.

Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance

RBI Grade B Officer Online Form 2019, Fee & Apply


Application Form & How to Apply :

The eligible and interested candidates who want to apply need to submit their application online. You can refer the RBI Grade B Officer Notification 2019 (PDF) from given details below. The candidate should read the instructions carefully to avoid making any mistakes on application submission.


Application Fee :

The candidates are required to pay the RBI Grade B Officer 2019 application fee as per below given instructions/details. The candidates can pay the application fee Online through Internet Banking, Visa/Mastercard/Maestro Credit or Debit Card.

CategoryFee
General / OBCRs. 850/-
SC/ST/PHNil


OFFICIAL LINKS :

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