RBI Grade B Officer Exam: What You Need to Know

The Reserve Bank of India (RBI) conducts Grade B Officer Exam annually to select candidates for the apex bank’s Grade B Officers position. This exam is one of the most sought-after exams in the country and attracts thousands of aspirants every year. If you are also one of the aspirants who want to appear for the apex bank’s Grade B Officer Exam, here is everything you need to know about the exam and rbi grade b Notification.

RBI Grade B Officer Exam – An Overview:

This Officer Exam is conducted in phases: Phase I, II, and Interview. The Phase I exam is an objective type test that consists of four sections – General Awareness, English Language, Quantitative Aptitude, and Reasoning. The Phase II exam is a descriptive type test that consists of three papers – Economic and Social Issues, English Language, and Finance and Management. The Interview is the final stage of the selection process.

The examination is conducted to recruit candidates for the Grade B Officer position in various bank departments, such as the Department of Economic and Policy Research, Department of Banking Supervision, Department of Non-Banking Supervision, etc.

Notification for the Examination:

The rbi grade b Notification is released annually on the bank’s official website. The notification provides all the crucial details regarding the exam, such as eligibility criteria, exam pattern, syllabus, the application process, important dates, etc.

Eligibility Criteria for RBI Grade B Officer Exam:

To be eligible for this examination, a candidate must meet the following criteria:

• Age Limit: The candidate must be between 21 and 30 years of age as of the date mentioned in the notification.
• Educational Qualification: The candidate must have secured a minimum of 60% marks (50% for SC/ST/PwBD) or an equivalent grade in a Bachelor’s degree as well as in 12th (or Diploma or equivalent) 10th standard examinations.

Application Process for RBI Grade B Officer Exam:

The application process for this examination is entirely online. Candidates must visit the bank’s official website and fill in the application form with all the required details. Candidates must also upload their photographs and signature along with the application form. Candidates are also required to pay the application fee mentioned in the notification.

Syllabus for RBI Grade B Officer Exam:

The syllabus for the grade examination is as follows:

Phase I Syllabus:

• General Awareness: Current Affairs, Indian Economy, International Economy, Finance, Social Issues, Awards and Honours, Books and Authors, Sports, Science and Technology, etc.
• English Language: Reading Comprehension, Vocabulary, Grammar, Sentence Correction, Error Spotting, etc.
• Quantitative Aptitude: Simplification, Average, Percentage, Ratio and Proportion, Data Interpretation, Time and Work, Time, Speed and Distance, etc.
• Reasoning: Coding and Decoding, Blood Relations, Syllogism, Inequalities, Seating Arrangement, Puzzles, etc.

Phase II Syllabus:

• Economic and Social Issues: Growth and Development, Economic Reforms, Inflation, Poverty and Unemployment, Globalization, Social Structure in India, Human Development, etc.
• English Language: Essay, Precis Writing, Comprehension, Business/Office Correspondence, etc.
• Finance and Management: Financial System, Financial Markets, Risk Management, Corporate Governance, Basel Accords, Union Budget, Monetary Policy, etc.

Summing Up:

The RBI Grade B Officer Exam is highly competitive and requires hard work and dedication. Candidates who meet the eligibility criteria and are interested in the banking sector should consider appearing for this exam. The notification for the exam is usually released in June/July, and the exam is conducted in August/September. So, start your preparation early and give it your best shot.