RBI Officer Grade B Notification 2023: The Reserve Bank of India (RBI) published the RBI Grade B Notification 2023 on April 26, 2023, for a number of positions, including Officers in Grade ‘B’ (DR) – (General), Officers in Grade ‘B’ (DR) – DEPR, and Officers in Grade ‘B’ (DR) – DSIM. For the purpose of choosing qualified graduates for the job of Grade B officer in its many branches across the nation, RBI organizes the RBI Grade B Officer Exam. Each year, thousands of applicants are persuaded to sit this exam by the Reserve Bank of India due to the good pay scale and reputable job profile it offers. For graduates looking for employment at the Reserve Bank of India (RBI), the RBI Grade B 2023 Exam is a fantastic opportunity. For more information, please see the details below.
RBI Officer Grade B Notification 2023
The Reserve Bank of India (RBI) published a brief notice in the employment publications on April 26, 2023, announcing 291 Grade B officer openings as well as the dates for online registration and the exam. On May 9, 2023, the official website @rbi.org.in will publish the PDF of the RBI Grade B 2023 Notification. The official notification contains crucial information, such as qualifying requirements and exam formats. The snippet of the RBI Grade B 2023 Short Notice is shown below. The link to the whole RBI Grade B 2023 Notification PDF is provided below.
RBI Officer Grade B Notification 2023 Details
|Organization||Reserve Bank of India|
|Exam Name||RBI Grade B|
|Post Name||Grade B|
|Online Registration Starts||09th May to 09th June 2023|
|Selection Process||Phase I, Phase II, Interview|
|Job Location||All Over India|
RBI Grade B Vacancy 2023
The official RBI Grade B Notification 2023 has been released by the Reserve Bank of India (RBI), along with the announcement of 291 openings for the RBI Grade B 2023 exam. Let’s have a peek at the RBI Grade B 2023 Exam vacancy breakdown by post.
|Officers in Grade ‘B’ (DR)–(General)||222|
|Officers in Grade ‘B’ (DR)–DEPR||38|
|Officers in Grade ‘B’ (DR)–DSIM||31|
RBI Grade B 2023 Exam Date
The RBI Grade B Exam Date 2023 has been made public along with the RBI Grade B Notification 2023 for all positions. The dates for the RBI Grade B 2023 Officer Exam, including the preliminaries, main exams, and interview rounds, have been amended below.
|RBI Grade-B Events||Exam Date|
|Officers in Gr B (DR)- General Phase-I – Online Examination||09th July 2023|
|Officers in Gr B (DR)- Phase-II – Paper I, II & III Online Examination||30th July 2023|
|Officers in Gr B (DR) – DEPR- Phase I – Paper – I – Online Examination||16th July 2023|
|Officers in Gr B (DR)- DEPR- Phase-II – Paper I, II & III Online Examination||02nd September 2023|
|Officers in Gr B (DR)- DSIM- Phase I – Paper – I – Online Examination||16th July 2023|
|Officers in Gr B (DR)- DSIM- Phase I – Paper – II & III – Online Examination||19th August 2023|
RBI Grade B Recruitment 2023 Eligibility Criteria
To be eligible for the RBI Grade B 2023 Exam, candidates must meet the requirements below (according to the previous year’s RBI Grade B Notification):
RBI Grade B Education Qualification
|Officers in Grade ‘B’ (DR) – (General)||Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.Note:• Any such full-time course from a recognised University / Institute that is taken after Class XIIth and is at least of 3 years’ duration/ candidates possessing professional and technical qualifications which are recognised by the Government as equivalent to professional and technical graduation will be eligible for admission to the examination.• Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply for the post.OR• Any such full-time course from a recognised University / Institute that is taken after graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to post graduation will be eligible for admission to the examination.|
|Officers in Grade ‘B’ (DR) – DEPR||Essential: a. 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.ORb. 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.ORc. Master’s 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 /Instituted. (i) Candidates having Master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.|
|Officers in Grade ‘B’ (DR) – DSIM||Essential:a. 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.ORb. 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.ORc. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years.ORd. 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 Age Limit
The RBI has established age requirements to sit for the RBI Officer (Grade “B”) examination. To apply for the RBI Grade B exam in 2023, candidates must be between the ages of 21 and 30 (inclusive). The upper age restriction shall be 32 and 34 years, respectively, for candidates with M.Phil. and Ph.D. credentials.
RBI Grade B Selection Process
The RBI Grade B 2023 Examination is divided into three sections, with the Preliminary Examination being Objective in character and the Main Examination consisting of both Objective and Descriptive Tests.
- Phase-I exam
- Phase-II exam and
- Interview process
RBI Grade B 2023 Exam Pattern
The following provides the RBI Grade B Examination’s complete Exam Pattern:
Phase I, Phase II, and the Interview are the three phases of the exam. Below is a list of all three stages’ specifics.
RBI Grade B Phase I Exam Pattern
|Name Of The Section||No. Of Questions||Marks||Duration|
|English Language||30||30||25 Minutes|
|General Awareness||80||80||25 Minutes|
|Quantitative Aptitude||30||30||25 Minutes|
> Total number of questions: The RBI Grade B officer exam consists of 200 questions.
> Total marks- 200
> Total time- Candidates have 120 minutes, or 2 hours, to complete the exam.
> Negative marking-The exam includes negative marking, 0.25 Marks will be deducted for each wrong answer.
RBI Grade B Phase II Exam Pattern
|Sections / Subjects||Paper Type||Maximum Marks||Duration (minutes)|
|Paper I: Economics and Social Issues||50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard)||5050Total-100||3090Total-120|
|Paper II: English (Writing Skills)||Descriptive (3 questions)||100||90 minutes|
|Paper III: Finance and Management||50% Objective Type and 50% Descriptive||5050Total-100||3090Total-120|
RBI Officer Grade B 2023 Application Fees
Candidates from the General and OBC categories must pay a total of Rs. 850 as their application fee for the RBI Grade B 2023 exam. For candidates who fall under the SC, ST, or PWD categories, the same payment is reduced to Rs. 100/-.
RBI Officer Grade B Salary 2023
A unique draw for candidates is the pay for the RBI Grade B. The pay for RBI Grade B officers is competitive by all measures. By clicking on the provided link below, candidates can view the full details of the RBI Grade B remuneration.
How to Apply for RBI Officer Grade B Recruitment 2023?
> Scroll down and go to the Important Links section.
> Click on the “Online Apply Link” and complete the registration process.
> Next stage, click on “Online Apply Link” and Login.
> Enter all your personal and educational details and upload the necessary documents.
> Pay the application fee according to your category and submit the form.
> Take a printout of the application form.
Important Dates of RBI Officer Grade B Recruitment 2023
|Starting Date to Online Apply & Payment Fee||9th May 2023|
|Last Date to Online Apply & Payment Fee||6th June 2023, 6 PM|