RBI Grade B Notification 2024: Release Date, PDF Download, and Key Details

 Published On: 27-06-2024

RBI Grade B Notification 2024: Release Date, PDF Download, and Key Details

The Reserve Bank of India (RBI) has announced the release of the RBI Grade B Notification 2024 for General, DSIM, and DEPR posts. The notification will be available on the official website rbi.org.in on 18th July 2024. This article provides all the essential details about the selection process, application form, eligibility criteria, and more.

RBI Grade B Notification 2024 Overview

Each year, the Reserve Bank of India conducts a national-level exam to recruit candidates for Grade B General, DSIM, and DEPR posts. The detailed notification PDF, set to release on 18th July 2024, will provide complete information about the recruitment process. Candidates aspiring for these positions should stay tuned for the official announcement.

Key Highlights:

  • Organization: Reserve Bank of India (RBI)
  • Posts: Grade B (General, DSIM, DEPR)
  • Vacancies: To be announced
  • Mode of Application: Online
  • Selection Process: Prelims, Mains, Interview
  • Official Website: rbi.org.in
  • Notification Release Date: 18th July 2024

Important Dates

The RBI will release the complete schedule for the Grade B recruitment process along with the official notification. Here are the tentative dates:

  • RBI Grade B Notification Release: 18th July 2024
  • Online Registration Begins: To be announced
  • Last Date to Apply: To be announced
  • Prelims Exam Date: To be announced
  • Mains Exam Date: To be announced

Application Process

Interested candidates can apply for the RBI Grade B posts through the official website once the registration process begins. Ensure that all details are correctly filled in the online application form to avoid disqualification.

Application Fees:

  • General/OBC: Rs. 850/-
  • SC/ST/PwBD: Rs. 100/-
  • RBI Staff: Exempted

Eligibility Criteria

Age Limit (As on 01/01/2024):

  • Minimum Age: 21 years
  • Maximum Age: 30 years
  • Age Relaxation:
    • OBC: 3 years
    • SC/ST: 5 years

Educational Qualifications: Detailed eligibility criteria will be provided in the official notification.

Selection Process

The selection process for RBI Grade B Officers includes three phases:

  1. Preliminary Examination
  2. Main Examination
  3. Interview

Educational Qualifications:

General:

  • Graduation in any discipline / equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD) or Post-Graduation / equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD).
  • Recognized full-time courses taken after Class XIIth, lasting at least three years, or professional and technical qualifications recognized as equivalent to graduation.
  • Candidates who have passed the Final Examination for Membership of the Institute of Chartered Accountants of India may also apply.

DEPR:

  • Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course / Finance with a minimum of 55% marks or equivalent grade.
  • PGDM/MBA Finance with a minimum of 55% marks or equivalent grade.
  • Master’s Degree in various sub-categories of economics with a minimum of 55% marks or equivalent grade.
  • Candidates with a Masters Degree and research/teaching experience are eligible for age relaxation up to three years.

DSIM:

  • Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics or related fields with a minimum of 55% marks.
  • Master’s Degree in Mathematics with a minimum of 55% marks and one-year postgraduate diploma in Statistics or related subjects.
  • M. Stat. Degree from the Indian Statistical Institute with a minimum of 55% marks.
  • Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks.

Age Limit (As on 01/01/2024):

  • Minimum Age: 21 years
  • Maximum Age: 30 years
  • Age Relaxation:
    • OBC: 3 years
    • SC/ST: 5 years

Selection Process

The selection process for RBI Grade B Officers includes three phases:

  1. Preliminary Examination: A prelims exam for 200 marks, requiring minimum qualifying marks.
  2. Main Examination: Shortlisted candidates from the prelims will appear for the mains exam, which includes three papers.
  3. Interview: Final selection is based on a 75-mark interview. Only candidates passing both prelims and mains exams will proceed to the interview round.

RBI Grade B Salary 2024

The pay scale for the RBI Grade B Officer is Rs. 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750 (16 years). The basic pay starts at Rs. 55,200/- with an increment of Rs. 2850/- for the first nine years of service. Additional allowances include Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, and Conveyance Allowance.

Frequently Asked Questions (FAQ)

Q1: When will the RBI Grade B Notification 2024 be released? A1: The RBI Grade B Notification 2024 will be released on 18th July 2024.

Q2: Where can I download the RBI Grade B Notification PDF? A2: The notification PDF can be downloaded from the official RBI website rbi.org.in.

Q3: What is the selection process for RBI Grade B Officers? A3: The selection process includes a Preliminary Examination, Main Examination, and Interview.

Q4: What is the application fee for RBI Grade B posts? A4: The application fee is Rs. 850/- for General/OBC candidates and Rs. 100/- for SC/ST/PwBD candidates. RBI staff are exempted from paying the fee.

Q5: What are the age criteria for applying to RBI Grade B posts? A5: Candidates must be between 21 and 30 years old as of 1st January 2024. Age relaxation is provided for OBC (3 years) and SC/ST (5 years) candidates.