RBI Grade B Eligibility Criteria 2024: Check Qualification and Age Limit

 Published On: 09-07-2024Updated On: 19-07-2024

RBI Grade B Eligibility Criteria 2024: Check Qualification and Age Limit

Discover the RBI Grade B Eligibility Criteria for 2024, including age limit, nationality, and educational qualifications for General, DSIM, and DEPR posts. The official exam notification is set to be released on 18th July 2024. Read on to understand the post-wise eligibility requirements and age relaxations provided in the article below.

The Reserve Bank of India (RBI) is responsible for recruiting eligible candidates for the General, DEPR, and DSIM posts through the RBI Grade B Officer examination. The exam notification, which will be released on 18th July 2024, will include comprehensive details regarding the recruitment process and online registration dates. The detailed notification PDF will outline the eligibility requirements, and only those candidates who meet the RBI Grade B Eligibility Criteria 2024 will be allowed to apply for the Grade B officer posts. Candidates must provide accurate information about their eligibility in the application form; otherwise, their application will be rejected. Detailed eligibility criteria, including age limits, qualifications, and other parameters, are discussed below.

RBI Grade B Eligibility Criteria 2024

Ensuring compliance with the basic eligibility criteria for RBI Grade B posts is crucial before submitting the application form. If any candidate provides incorrect information regarding their age or qualifications in their online registration form, their application will be rejected, and no further chances will be provided until the next year’s recruitment. Candidates are advised to verify their eligibility status multiple times for final confirmation before submitting the RBI Grade B 2024 online form. The primary eligibility criteria include the following factors:

  • Age Limit
  • Nationality
  • Educational Qualification

RBI Grade B Age Limit 2024

Candidates applying for various RBI Grade B posts must be at least 21 years old and not older than 30 years. Applicants outside this age range are ineligible for the respective posts.

ParticularsAge
Minimum Age21 years
Maximum Age30 years

Note: The upper age limit is 32 years for candidates with an M.Phil. degree and 34 years for those with a Ph.D.

RBI Grade B Age Relaxations

Certain reserved categories receive age relaxations in the upper age limit for the RBI Grade B Officer exam. Candidates from scheduled caste or scheduled tribe categories receive a 5-year age relaxation.

CategoriesAge Relaxations
Physically Handicapped10 years
ST/SC5 years
PH + ST/SC15 years
PH + OBC13 years
OBC3 years

RBI Grade B Educational Qualification 2024

Candidates must meet specific educational qualifications before filling out the application form for various posts under the RBI Grade B Officer. The educational qualifications for General, DSIM, and DEPR posts are as follows:

PostsEducational Qualifications
DSIMA master’s degree with a minimum of 55% marks or an equivalent grade across all semesters in fields such as mathematical statistics, statistical economics, econometrics, statistics, and informatics from IIT Kharagpur; or applied statistics and informatics from IIT Bombay. OR A one-year postgraduate diploma in Statistics or related fields from a reputable institute, along with a Master’s degree in Mathematics with at least 55% marks or an equivalent grade across all semesters or years. OR An M. Stat. degree from the Indian Statistical Institute with a minimum of 55% across all semesters and years. OR A Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or an equivalent grade across all semesters/years.
GeneralGraduation in any discipline or an equivalent technical or professional qualification with at least 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation/Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate across all semesters/years. Note: Full-time courses from recognized universities/institutes taken after Class XIIth and lasting at least 3 years, or professional and technical qualifications recognized by the Government as equivalent to graduation, are eligible. Candidates who have passed the Final Examination for Membership in the Institute of Chartered Accountants of India may also apply. OR Full-time courses from recognized universities/institutes taken after graduation and lasting at least 2 years or recognized by the Government as equivalent to post-graduation are eligible.
DEPRA Master’s Degree in Economics, Econometrics, Quantitative Economics, Mathematical Economics, Integrated Economics Course, or Finance with a minimum of 55% marks or an equivalent grade across all semesters/years from a recognized Indian or foreign university/institute. OR PGDM/MBA in Finance with a minimum of 55% marks or an equivalent grade across all semesters/years from a recognized Indian or foreign university/institute. OR A Master’s Degree in Economics in any sub-category, such as agricultural, business, developmental, applied, etc., with at least 55% marks or an equivalent grade across all semesters/years from a recognized Indian or foreign university/institute. Additionally, candidates with a Master’s Degree and research/teaching experience at a recognized Indian/foreign university/institute will be eligible for an upper age limit relaxation based on the length of such experience, up to a maximum of three years. Note: Probationary periods are not considered for experience.

RBI Grade B Nationality 2024

The Reserve Bank of India has specified that candidates belonging to certain nationalities are eligible to apply for General, DEPR, and DSIM Grade B posts. The nationality requirements are as follows:

  • Should be a citizen of India
  • Should be a subject of Nepal
  • Should be a subject of Bhutan
  • Must be a Tibetan refugee who entered India before January 1, 1962, intending to settle permanently
  • An individual of Indian origin who has migrated to India to settle permanently from Pakistan, Burma, Sri Lanka, Kenya, Uganda, Zambia, Malawi, Zaire, Ethiopia, and Vietnam, all of which are in East Africa (formerly Tanganyika and Zanzibar).

FAQs about RBI Grade B Eligibility Criteria 2024

Q1: What is the minimum age requirement for RBI Grade B posts? 

A1: The minimum age requirement for RBI Grade B posts is 21 years.

Q2: What is the maximum age limit for RBI Grade B posts? 

A2: The maximum age limit for RBI Grade B posts is 30 years. However, candidates with an M.Phil. degree can apply up to 32 years, and those with a Ph.D. can apply up to 34 years.

Q3: Are there any age relaxations for reserved categories? 

A3: Yes, reserved categories are eligible for age relaxations. For instance, physically handicapped candidates receive a 10-year relaxation, ST/SC candidates receive a 5-year relaxation, PH+ST/SC candidates receive a 15-year relaxation, PH+OBC candidates receive a 13-year relaxation, and OBC candidates receive a 3-year relaxation.

Q4: What educational qualifications are required for the General post under RBI Grade B?

 A4: Candidates must have a graduation degree in any discipline or an equivalent technical or professional qualification with at least 60% marks (50% for SC/ST/PwBD applicants) or a Post-Graduation/Equivalent technical qualification with at least 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate across all semesters/years.

Q5: Can candidates from outside India apply for RBI Grade B posts? 

A5: Yes, candidates from certain countries and regions such as Nepal, Bhutan, and Tibetan refugees who entered India before January 1, 1962, and individuals of Indian origin who have migrated from countries like Pakistan, Burma, Sri Lanka, Kenya, Uganda, Zambia, Malawi, Zaire, Ethiopia, and Vietnam can apply, provided they intend to settle in India permanently.

Q6: What are the educational qualifications required for the DEPR post under RBI Grade B? 

A6: Candidates must have a Master’s Degree in Economics, Econometrics, Quantitative Economics, Mathematical Economics, Integrated Economics Course, or Finance with at least 55% marks or an equivalent grade across all semesters/years from a recognized Indian or foreign university/institute. Alternatively, a PGDM/MBA in Finance with at least 55% marks or a Master’s Degree in various sub-categories of Economics with at least 55% marks can also qualify.

Q7: Are candidates with professional qualifications like Chartered Accountants eligible for RBI Grade B posts? 

A7: Yes, candidates who have passed the Final Examination for Membership in the Institute of Chartered Accountants of India can apply for the General post under RBI Grade B.

 

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