RBI Grade B Recruitment 2024 Releases Short Notice for 94 Vacancies

RBI Grade B Recruitment 2024: The Reserve Bank of India (RBI) issued a brief notification on July 19, 2024, for the RBI Grade B 2024 exam. This notification announces the recruitment of 94 Officers in Grade ‘B’ (DR–General/DEPR/DSIM) positions. The online application process will start on July 25, 2024, following the release of the detailed notification PDF.

The Reserve Bank of India announced a short notification for the RBI Grade B Recruitment 2024 on July 19, 2024, via an employment newspaper. This notice includes information on vacancies, exam dates, and registration dates. The full notification and online registration link will be available on July 25, 2024, at www.rbi.org.in, providing complete details for 94 Grade B Officer vacancies.

The RBI Grade B exam is a highly competitive national exam for recruiting Grade B Officers in the General, DEPR, and DSIM departments of the bank. This article provides detailed information about the RBI Grade B Recruitment 2024 and the online application process for interested candidates preparing for the exam.

RBI Grade B Notification 2024 – Released

The RBI Grade B Officer selection process has three stages: Prelims, Mains, and Interviews. Candidates need to score above the cut-off at each stage to advance. The basic pay for RBI Grade B officers is now Rs. 55,200/-, with a gross pay of Rs. 1,08,404. Here are the key details for the RBI Grade B Recruitment 2024, based on last year’s data.

RBI Grade B 2024 Exam Summary

RBI Grade B Recruitment 2024:- Important Date

The RBI Grade B short notification lists crucial dates for the application and exam process. Online applications will be available from July 25 to August 16, 2024. The preliminary exams will be held online on September 8 and 14, 2024, while the mains exams are scheduled for October 19 and 26, 2024.

RBI Grade B 2024 Vacancies

RBI Grade B 2024 Eligibility Criteria

Nationality

• Indian citizen, or
• Subject of Nepal or Bhutan, or
• Tibetan refugee who came to India before January 1, 1962, or
• Person of Indian origin who migrated from Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam to permanently settle in India.

Educational Qualification and Age Limit

Officers in Grade ‘B’ (DR) – General

• Education: Graduation in any discipline/equivalent technical or professional qualification with at least 60% marks (50% for SC/ST/PwBD) or Post-Graduation/equivalent technical qualification with at least 55% marks (pass marks for SC/ST/PwBD) in aggregate.
• Age: 21 to 30 years

Officers in Grade ‘B’ (DSIM)

• Education: Master’s Degree in Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with at least 55% marks.
• Age: 21 to 30 years

Officers in Grade ‘B’ (DEPR)

• Education: Master’s Degree in Economics/Econometrics/Quantitative Economics/Mathematical Economics/Integrated Economics Course/Finance with at least 55% marks.
• Age: 21 to 30 years

RBI Grade B 2024 Application Process

The online application for RBI Grade B 2024 will start on 25th July 2024, along with the release of the detailed notification. Eligible candidates must submit their applications by 16th August 2024. The registration process will be available only on the official website www.rbi.org.in.

Application Fee

• General/OBC: Rs. 850 + 18% GST
• SC/ST/PwBD: Rs. 100 + 18% GST
• RBI Employees: No fee

How to Apply for RBI Grade B 2024?

• Go to www.rbi.org.in.
• Click on the “Opportunities@RBI” link on the homepage.
• Select “Current Vacancies,” then click on “Vacancies.”
• Look for the RBI Grade B Officer Recruitment 2024 notification.
• Click on the notification to read the detailed advertisement.
• Click on the “New Registration” link.
• Enter the required details to register.
• You will receive a provisional registration number and password.
• Use your registration number and password to log in.
• Pay the fee online using a debit card, credit card, net banking, or other available methods.
• Review your application form and make any necessary corrections.
• Click on the “Final Submit” button to complete the application process.

RBI Grade B Selection Process

The selection for RBI Grade B Officers involves a five-stage process:

1. Phase 1: Online Examination
2. Phase 2: Online Examination
3. Phase 3: Interview
4. Document Verification
5. Medical Examination

RBI Grade B Prelims Exam Details

• Number of Questions: 200 multiple-choice questions (MCQs), each worth 1 mark.
• Subjects: General Awareness, Quantitative Aptitude, English Language, and Reasoning.
• Timing: Each section has a separate time limit.
• Negative Marking: 0.25 marks will be deducted for each incorrect answer. No marks will be deducted for questions left unanswered.

RBI Grade B Officer Prelims Exam Pattern 2024 (DR-General)

RBI Grade B 2024 Cut-Off Marks

The Reserve Bank of India (RBI) announces the cut-off marks along with the results for each phase or stage of the exam. The cut-off marks reflect the difficulty level of the exam for that year. Candidates preparing for the RBI Grade B Officer exam should review the previous year’s cut-off marks, which are provided category-wise and subject-wise, to understand the expected standards.

RBI Grade B 2023 Cut-Off for Phase-I Exam

RBI Grade B Officer Job Profile

RBI Grade B Officers hold a respected position in the Reserve Bank of India (RBI). Their job includes:

• Help create policies for the banking and financial system.
• Work on policies related to money, the economy, and financial regulations.
• Ensure that banks and financial institutions follow RBI regulations.
• Monitor the financial stability of institutions and conduct audits.
• Oversee the circulation and management of currency notes and coins, and ensure their quality and availability.
• Manage government accounts, public debt, and government securities.
• Monitor and regulate financial markets like the money market, foreign exchange market, and capital market, and develop strategies to improve their stability and efficiency.
• Implement and manage government schemes for financial inclusion and development.
• Promote financial literacy and protect consumer interests.
• Conduct research and analysis on macroeconomic factors.
• Prepare reports and publications on economic and financial issues.
• Address queries and complaints from banks, financial institutions, and the public, and maintain effective communication with all stakeholders.

Career Progression for RBI Grade B Officers

Here’s the career path for RBI Grade B Officers, starting from their entry-level position:

• Assistant Manager
• Manager
• Assistant General Manager
• Deputy General Manager
• General Manager
• Chief General Manager
• Principal Chief General Manager
• Executive Director
• Deputy Governor
• Governor

The highest position in the Reserve Bank of India is the Governor.

Tips for Preparing for RBI Grade B 2024 Exam

Last year, the RBI Grade B exam was of moderate to difficult level, with cut-off marks at 54.25 for General, 112 for DEPR, and 61.5 for DSIM. As competition increases each year, starting your preparation early is crucial. Here are some tips to help you score well:

• Regularly take mock tests to familiarize yourself with the exam pattern and improve your time management skills.
• Work on previous years’ question papers to understand the difficulty level and question patterns.
• Continuously review the topics you’ve studied to stay sharp and efficient.
• Keep up with the latest news, particularly in economics, finance, and banking.
• Practice writing essays, précis, and comprehension exercises regularly.

Exam Centers for RBI Grade B Prelims

The prelims exam will be held at various centers across the country. Candidates can choose their preferred exam centers from a list, and they will be assigned to one of their selected centers.

Here is the list of exam centers across various states and Union Territories:

• Andaman & Nicobar: Port Blair
• Andhra Pradesh & Telangana: Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijayawada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram
• Arunachal Pradesh: Itanagar, Naharlagun
• Assam: Dibrugarh, Guwahati, Jorhat, Silchar
• Bihar: Bhagalpur, Muzaffarpur, Patna
• Chandigarh: Chandigarh
• Chhattisgarh: Raipur, Bhilai
• Daman & Diu: Jamnagar
• Goa: Varna
• Gujarat: Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara
• Haryana: Hissar, Karnal, Rohtak
• Himachal Pradesh: Dharamsala, Shimla
• Jammu & Kashmir: Jammu
• Jharkhand: Bokaro, Dhanbad, Jamshedpur, Ranchi
• Karnataka: Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udupi
• Kerala: Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrissur, Palakkad, Thiruvananthapuram, Kollam, Nagercoil
• Lakshadweep: Kavaratti
• Madhya Pradesh: Bhopal, Gwalior, Indore, Jabalpur
• Maharashtra: Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nashik, Pune, Solapur
• Manipur: Imphal
• Meghalaya: Shillong
• Mizoram: Aizawl
• Nagaland: Kohima
• New Delhi: Delhi-NCR
• Odisha: Balasore, Berhampur, Bhubaneswar, Cuttack, Sambalpur
• Puducherry: Cuddalore, Villupuram
• Punjab: Amritsar, Bathinda, Jalandhar, Ludhiana, Mohali, Patiala
• Rajasthan: Ajmer, Jaipur, Jodhpur, Kota, Udaipur
• Sikkim: Gangtok, Bardang
• Tamil Nadu: Chennai, Vellore, Coimbatore, Erode, Tirupur, Madurai, Virudhunagar, Dindigul, Salem, Namakkal, Tiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelveli, Kanyakumari, Tuticorin
• Tripura: Agartala
• Uttar Pradesh: Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi
• Uttarakhand: Dehradun, Haldwani, Nainital, Roorkee
• West Bengal: Berhampore, Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri

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