RBI Grade B 2021: The Reserve Bank of India releases the notification of RBI grade B for the year 2021. According to the latest notification, the Exam is scheduled in August 2021.
This exam is conducted in three phases the first one is Prelims (Phase 1) after that Mains (Phase 2) and the last Interview round which is Phase 3 of the examination.
The Phase 1 examination is full of multiple-choice questions (MCQs), Which is conducted in an online format and the other two Phases conducts in an offline manner.
In this article you’ll read about the latest exam calendar of RBI grade B 2021, syllabus, exam pattern, salary, admit card, and education qualification.
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RBI Grade B 2021 Exam Dates:
| Events | Exam Dates |
|---|---|
| RBI Grade B Notification 2021 | May 2021 |
| Online Registration Date | June 2021 |
| Release of RBI Grade B 2021 Admit card (Phase 1) | June 2021 |
| Exam date 2021 RBI Grade B Phase 1 | June 2021 |
| Phase I Result | June 2021 |
| Admit card – Phase 2 | July 2021 |
| RBI Grade B Exam Date 2021 (Phase II) | July 2021 |
| Result – RBI Grade B (Phase 2) | July 2021 |
| RBI Grade B Interview Phase | August 2021 |
| Final Result | August 2021 |
RBI Grade B Exam Pattern 2021:
The whole selection process accommodated into three steps, in the first two steps written exam is conducted. After clearing these two examinations, the final stage comes of Interview.
- RBI Grade B Phase I examination (Online)
- RBI Grade B Phase II examination
- RBI Grade B Interview Phase
Below mentioned is the examination pattern of RBI Grade B 2021 Phase-I and Phase-II of Reserve Bank of India.
Exam Pattern Phase-I
| Subjects | No. Of Questions | Marks | Duration |
|---|---|---|---|
| General Awareness | 80 | 80 | A Composite Time of 120 minutes is provided to the candidate |
| Quantitative Aptitude | 30 | 30 | |
| English Language | 30 | 30 | |
| Reasoning | 60 | 60 | |
| Total | 200 | 200 |
Phase-II
| RBI Grade B Officer Exam Pattern for Phase – II | |||
|---|---|---|---|
| Name of the paper | Types of the paper | Duration (in minutes) | Marks |
| Proper I Economic & social Issues | Objective Type | 90 | 100 |
| Paper – II English (Writing Skills) | Descriptive (to be typed with the help of keyboard) | 90 | 100 |
| Paper III Finance & Management | Objective Type | 90 | 100 |
RBI Grade B Interview:
The interview is one of the most important parts of the RBI Grade B officer exam. It’s very necessary for you to clearly state your thoughts to the interviewers.
As a result, you need to focus on brightening your communication skills and body language. Some candidates are blessed with such skills.
Some require practice to become excellent communicators of their ideas. Candidates with no communication skills can contact those who have already appeared in the Civil Services Examinations, to get useful suggestions from them.
Because this portion of the Civil Services Examination is not designed to judge someone’s expertise on a subject.
However, a candidate must speak from the heart or answer all questions honestly.
There is a common misconception among the candidates that if they lie about their hobby just to get through the interview, it will never help them.
Interviewers are not just to ask questions, but to evaluate a candidate’s personality and ability to evaluate whether a ‘no’ is a ‘no’, it cannot be changed to a ‘yes’ and vice versa.
RBI Grade B Salary Structure 2021:
The basic salary of RBI Grade B Officer starts at Rs.35,150 per month including (DA, HRA, LA), and can reach up to Rs.75,831.
The RBI Grade-B officer earns a strong salary and enjoys many other perks. Officers in Grade B is eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance and Grade Allowance as per rules applicable from time to time.
RBI Grade B Officer Salary is mentioned below:
| RBI Grade B Officer Salary | |
|---|---|
| Basic Pay | Rs 35, 150 |
| Gross Salary | Rs 75, 831 (approx) |
RBI Grade B Syllabus 2021:
The RBI Grade B Phase I is an online examination that comprises a single Paper of 200 marks. The below mention syllabus is for Phase I & II examination:
Prelims Syllabus: Phase-I
| Current Affairs | Indian Financial System |
| Indian Banking System | Banking Awareness |
| Banking History | Monetary Plans |
| Economic News | National and International Institutions |
| Bank Terms & Abbreviations | Government Schemes |
| Banking Agreements | Sports News |
| Awards | Books and Authors |
| Static GK – General Knowledge about Dams, Sanctuaries, National Parks, Stadiums, Airports, Country, Capital & Currency, etc. | |
| Ratio & Proportion | Mensuration |
| Percentage | Average |
| Speed, Time and Distance | Time and Work |
| Permutation and Combination | Mixture and Alligation |
| Data Interpretation | Probability |
| Stocks and Shares | Simplification |
| Quadratic Equations | Inequalities |
| Number Series | Upstream and Downstream |
| Profit and Loss | Simple and Compound Interest |
| Reading Comprehension | Cloze Test |
| Fill in the Blanks | Sentence Rearrangement |
| Jumbled Words/Sentences | Error Spotting |
| Sentence Framing | Match the columns |
| Vocabulary | Grammar |
| Tenses Rules | Idioms & Phrases |
| Puzzles | Seating Arrangement |
| Inequalities | Direction Test |
| Blood Relation | Sllogism |
| Input-Output | Data Sufficiency |
| Machine Input | Coding-Decoding |
| Ranking | Alphanumeric series |
Mains Syllabus: Phase-II
| Growth and Development | Economic Reforms in India |
| Social Structure in India | Corporate Governance |
| Development in the Financial Sector | Export-Import Policy |
| Illiteracy | Balance of Payments |
| Rise in Inequality | Rigid Labour Law |
| Human Resource Development | Inflation |
| Regionalism and Language Conflicts | Poor Education Standards |
| Globalisations | Social Structure in India |
| Employment Generation in India | Sustainable Development |
| Monetary and Fiscal Policy | Social Sectors in India |
| Benefits of International Trade | Direct and Indirect Taxes |
| Insurance and Capital Marketing | Government debt |
Descriptive type, to be typed with the help of a keyboard.
| Union Budget | Regulation of Banks |
| Risk Management in Banking Sector | Technology in Finance |
| Corporate Governance | Human Resource Development |
| Motivation and Incentives | Regulators of banks and financial institutions |
| Development in the Financial Sector | Financial sector Regulations |
| Monetary Policy | Union Budget |
| Inflation | The Managing Process |
| Career Planning | Role of Incentives |
| Role of Information Technology | Communication Channels |
| Leadership | Nature and Scope of Management |
RBI Grade B 2021 Eligibility Criteria:
Nationality:
Candidate must be:
- A citizen of India,
- Subject of Nepal or Bhutan,
- A Tibetan refugee permanently settled in India.
Age Limit:
Candidate must have attained a minimum age of 21 years and must not be more than 30 years in age. However, there are certain age relaxations for candidates belonging to certain categories.
- Min. Age: 21 Years
- Max. Age: 30 Years
Education Qualification:
The educational qualification differs for candidates applying for General, DERP and DSIM specializations.
RBI Officer Grade B (DR) – General: 10th & 12th Passed + Minimum 60% marks (50% in case of SC/ST/PwBD) in Bachelor’s degree
RBI Officer Grade B (DR) – DEPR: Master’s Degree with a minimum 55% marks in Economics/Econometrics/Quantitative Economics/Mathematical Economics/Integrated Economics Course/Finance
RBI Officer Grade B (DR) – DSIM: Master’s Degree with a minimum 55% marks in any of these – Statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics from IIT-Kharagpur/Applied Statistics & Informatics from IIT-Bombay OR Master’s Degree in Mathematics + 1 Year post-graduate diploma in Statistics OR Masters in Statistics from Indian Statistical Institute with a minimum of 55% marks OR Post Graduate Diploma in Business Analytics (PGDBA) of ISI Kolkata, IIT Kharagpur and IIM Calcutta with minimum 55% marks.
Candidates can know more about IBPS Clerk 2021 Eligibility Criteria.
How to apply for RBI Grade B 2021?
After the release of the RBI Grade B Application form 2021, the candidate should apply for the examination. Here is the step by step guide you should read before filling the RBI Grade B application form.
- Go to the official website of Reserve Bank of India ( https://www.rbi.org.in/ ).
- Enter your basic qualifications and other details asked in the form and upload documents as required.
- upload a set of documents, which includes a photograph, signature, handwritten declaration and thumb impression.
- Before making the final submission, must clarify the details. As no changes can be made in the form once the payment is complete.
- The form will not be accepted until the online payment is complete. The application fee for this exam is Rs. 800 for Gen/OBC candidates and Rs. 400 for SC/ST/PwBD candidates.
- Candidates must also note that if any discrepancy is found in the application form, RBI holds the right to reject the application at any time during the recruitment procedure.
Check out application form for IBPS PO 2021.
RBI Grade B Admit Card 2021:
- Go to the official site of RBI (https://www.rbi.org.in/)
- Click on “Opportunities@RBI” option given at the bottom of the RBI homepage
- Then click on the “current vacancies option. A list of notifications come up in the screen. Click on the RBI Grade B Admit card link
- Enter your registration number/roll number and date of birth/password
- You are redirected to the RBI Grade B admit card
- Download the admit card and get a print out of the same and carry it along at the exam centre.
I hope the above article provided all the information related to the RBI Grade B 2021 and it will be helpful to the aspirants looking forward to applying for the Bank Exams.
Comment below if any query came into your mind Hence, we will try to answer as soon as possible.
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