Reserve Bank of India has released RBI Grade B 2018 Notification. RBI Grade B 2018 Registration will start from July 3, 2018 and end on July 23, 2018. RBI Grade B 2018 Prelims exam will be conducted on August 16, 2018 and Mains exam will be conducted on September 7, 2018. Number of RBI Grade B 2018 Vacancies is 166.

RBI Grade B 2018 Notification

 

Important Dates

  • Registration starts – July 3, 2018
  • Registration ends – July 23, 2018
  • Prelims Exam date – August 16, 2018
  • Mains Exam date – September 7, 2018

RBI Grade B 2018 Online Application

 

RBI Grade B 2018 Online Application will start from 03rd July and the closing date is 23rd July 2018. The Apply online link will be updated here on 3rd July.

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RBI Grade B Salary 2018

 

All the Officers selected through RBI Grade B 2018 Exam will be given the annual salary of 12-14 Lac. Along with this CTC comes numerous emoluments and perks. The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. This means that you will be having basic pay of Rs. 35,150/- in which you will get an increment of Rs. 1,750/- up till nine years of your service. After the completion of nine years you will get into the executive band wherein the basic pay will be of Rs. 50,900/- and then again for the next two years you will get an increment of Rs. 1,750/- and further an increment of rs. 2000/- for the following 2 years thus ending up with the basic pay of Rs. 62,400/- and this is when you don’t get any promotion. Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.

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RBI Grade B 2018 Exam Eligibility Criteria

 

Candidates are required to follow the given criteria to be eligible for RBI Grade B 2018 Exam:

  • Must be a citizen of India
  • Must be a subject of Nepal
  • Must be a subject of Bhutan
  • Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India.
  • A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India

Age Criteria: RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2018.

Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.

Category Age relaxation
SC/ST 5 years
OBC 3 years
Physically Handicapped 10 years
PH + OBC 13 years
PH + SC/ST 15 years

Educational Qualification: Candidate appearing for the RBI officer examination-2018 must be a graduate from a recognized university or institute. He/She must have attained 60% marks in the graduation while the same percentage is reduced to 50% for the candidates belonging to the reserved category. Candidates having Doctorate degree with aggregate 50% marks can also apply for the RBI examination. In addition to this, candidates having masters’ degree with 55% marks will be allowed to apply for the RBI Exam 2018. Candidates having post graduate diploma in management or Masters of Business administration can also apply for the RBI Officer Grade B exam 2018. Chartered Accountant (CA), Company secretary or Cost Accountant can also apply for this examination.

RBI Grade B 2018 Exam Pattern

 

RBI Grade B 2018 Exam is conducted in three phases:

  • Phase-I exam
  • phase-II exam and
  • interview process

Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.

RBI Grade B Exam Pattern Prelims

Section No. of Questions Maximum Marks Duration
General Awareness 80 80 Composite time of 2 hours
Quantitative Aptitude 30 30
English Language 30 30
Reasoning 60 60

RBI Grade B Exam Pattern Mains

Section Asked Paper Type Maximum Marks Duration
Economics and Social Issues Objective 100 90 minutes
Finance and Management Descriptive 100 90 minutes
English (Writing Skills) Objective 100 90 minutes

RBI Grade B Officer Interview Process

Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.

RBI Grade B 2018 Exam Application Fee

 

A total of Rs. 850/- is the application fee to be paid by candidates belonging to General and OBC category for RBI Grade B 2018 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.

RBI Grade B 2018 Admit Card

 

The RBI Grade B Admit Card 2018 will be released separately for both Phase-I and Phase-II exam. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.

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