RBI Recruitment 2024; Apply for 94 Officer Grade B posts

The Reserve Bank of India (RBI) announced the Grade B notification on July 25, 2024. On the official RBI website, applicants can apply and learn about the exam dates, selection procedure, and eligibility requirements.

Stay updated on India’s latest government job opportunities by visiting the careerbywell page, informing you about the newest openings in 2024

About Reserve Bank of India (RBI)

The Reserve Bank of India (RBI) is India’s central bank, responsible for regulating the banking system, issuing currency, and managing payment systems. Owned by the Ministry of Finance, it also promotes economic development. RBI prints Indian currency through Bharatiya Reserve Bank Note Mudran (BRBNM) at presses in Mysore and Salboni. It established the National Payments Corporation of India to oversee payment systems and the Deposit Insurance and Credit Guarantee Corporation to insure deposits and guarantee credit.

RBI Recruitment 2024

The Reserve Bank of India issued the RBI Grade B Notification 2024 PDF on July 25, 2024, announcing 94 vacancies for General, DEPR, and DSIM positions. The exam is divided into three stages: Phase I, Phase II, and an interview. The Phase I test for Grade B (DR)-General is set for September 8, 2024, while the DEPR/DSIM Phase I exam will be held on September 14, 2024. Phase II exams are scheduled for October 19, 2024 (General) and October 26, 2024 (DEPR/DSIM).

RBI Recruitment 2024 Overview

Organization Name	Reserve Bank of India
Post Name	Grade B Officer
Vacancies	94
Education qualification	Graduate, Master degree
Application Start Date	25th July 2024
Application End Date	16th August 2024
Selection Process	Phase I, Phase II & Interview
Mode of Application	online

RBI Recruitment 2024 Important Dates

Event	Important Dates
Online Registration and Payment	July 25 to August 16, 2024 (till 06:00 PM)
Officers in Grade ‘B’ (DR) – General
Phase-I Online Examination	September 08, 2024
Phase-II: Paper-I, II & III Online Examination	October 19, 2024
Officers in Grade ‘B’ (DR) – DEPR
Phase-I: Paper-I & II Online Examination	September 14, 2024
Phase-II: Paper-I & II Written Examination	October 26, 2024
Officers in Grade ‘B’ (DR) – DSIM
Phase-I: Paper-I Online Examination	September 14, 2024
Phase-II: Paper-II & III Online/Written Examination	October 26, 2024

RBI Recruitment 2024 Vacancies

Post	Unreserved (GEN/UR)	Scheduled Castes (SC)	Scheduled Tribes (ST)	Other Backward Classes (OBC)	EWSs	TOTAL	PwBD Category
1. Officers in Grade ‘B’ (DR) – General	27	10	4	19	6	66	A: 1 B: 8 (7) C: 1 D: 4 (4)
2. Officers in Grade ‘B’ (DR) – DEPR	8	1	6 (3)	5	1	21	A: – B: – C: 2 (2) D: 3 (2)
3. Officers in Grade ‘B’ (DR) – DSIM	2	1 (1)	4 (4)	–	–	7	A: 2 (2) B: – C: – D: 1 (1)

RBI Recruitment 2024 Eligibility Criteria

1. Nationality:
   Candidates must be:

• A citizen of India, or
• A subject of Nepal or Bhutan, or
• A Tibetan refugee who settled in India before 1st January 1962, or
• An Indian-origin person migrating from specified countries intending to permanent settlement in India.
  Candidates requiring a certificate of eligibility may be admitted to the exam, but appointment offers will be contingent on receiving this certificate.

1. Age Limit (as of July 01, 2024):

• Must be between 21 and 30 years old. (Born between July 02, 1994, and July 01, 2003).

III. Minimum Educational Qualifications:

• Officers in Grade ‘B’ (DR) – General:
  • Graduation in any discipline with 60% marks (50% for SC/ST/PwBD) or Post-Graduation with 55% marks (pass marks for SC/ST/PwBD).
• Officers in Grade ‘B’ (DR) – DEPR:
  • Master’s Degree in Economics or Finance with 55% marks (50% for SC/ST/PwBD).
  • Desirable: Doctorate in Economics or relevant research/teaching experience.
• Officers in Grade ‘B’ (DR) – DSIM:
  • Master’s Degree in Statistics, Mathematics, Data Science, or related fields with 55% marks (50% for SC/ST/PwBD) or a Bachelor’s Degree in Data Science/AI/ML with 60% marks.
  • Desirable: Doctorate or research/teaching experience in relevant subjects.

RBI Recruitment 2024 Selection Process

Selection for the posts will involve the following:

1. Phase-I Examination: Online test.
2. Phase-II Examination: Written test.
3. Interview: To assess candidates further.

RBI Recruitment 2024 Exam Pattern

Post	Phase	Paper	Type	Duration	Marks
Officers in Grade ‘B’ (DR) – General	Phase I	Paper-I: Economic and Social Issues	Objective + Descriptive	120 Minutes	100
		Paper-II: English (Writing Skills)	Descriptive	90 Minutes	100
		Paper-III: General Finance and Management	Objective + Descriptive	120 Minutes	100
		Total			300
Officers in Grade ‘B’ (DR) – DEPR	Phase I	Paper-I: Objective Type (Economics)	Objective	120 Minutes	100
		Paper-II: English (Descriptive)	Descriptive	120 Minutes	100
	Phase II	Paper-I: Descriptive Type (Economics)	Descriptive	120 Minutes	100
		Paper-II: Descriptive Type (Economics)	Descriptive	120 Minutes	100
		Total			400
Officers in Grade ‘B’ (DR) – DSIM	Phase I	Paper-I: Objective Type (Statistics)	Objective	120 Minutes	100
		Paper II: Descriptive Type (Statistics)	Descriptive	180 Minutes	100
		Paper-III: English (Descriptive)	Descriptive	90 Minutes	100
		Total			300

RBI Recruitment 2024 Salary

Salary and Allowances

• Basic Pay: ₹55,200/- per month
• Gross Emoluments (Without HRA): ₹1,22,717/- approx.
• House Rent Allowance (HRA): 15% of Basic Pay (if no accommodation is provided)

Additional Allowances:

• Special Allowance
• Grade Allowance
• Dearness Allowance
• Local Compensatory Allowance
• Special Grade Allowance
• Learning Allowance

RBI Recruitment 2024 Application Fee

Application Fee for RBI Grade B 2024:

• SC/ST/PwBD: ₹100 + 18% GST
• GEN/OBC/EWS: ₹850 + 18% GST
• RBI Staff: Nil (for eligible employees)

Fees are non-refundable and must be paid as prescribed.

RBI Recruitment 2024 Application Process

1. Visit RBI’s recruitment page and navigate to “Opportunities@RBI > Current Vacancies > Vacancies” for the application link.
2. Click on “Online Application Form” and enter your details to get a Provisional Registration Number and Password.
3. Save your application using “SAVE AND NEXT” if you need more time to complete it. Use “VALIDATE YOUR DETAILS” to check your information.
4. Upload your photograph, signature, and left thumb impression as per the guidelines.
5. Review and modify your application using the “PREVIEW” tab, then click “FINAL SUBMIT.”
6. Proceed to the “Payment” tab to pay the application fee and complete the submission.

Official Notification Click Here