RBI Grade B 2024 Exam Out

Discover all there is to know about the highly anticipated RBI Grade B 2024 Exam for General/DEPR/DSIM Posts, including when it will be announced, how to apply, how to be selected, what to study for the test, how much it will cost, and more.

Table of Contents

There aren’t many months left to study for the highly anticipated RBI Grade B Exam 2024. Therefore, you need to be aware of the information we covered on this page if you plan to participate this year. It is usually advantageous to comprehend the procedure before engaging in it in real time. Thus, we have compiled all types of information here. So take a moment to read this page from top to bottom.

What is the Exam for RBI Grade B?

As everyone is aware, the Reserve Bank of India (RBI) is the nation’s central bank, overseeing and regulating the nation’s financial system and serving as a cornerstone of economic growth and stability. Dealing with RBI is quite empowering in and of itself. Therefore, the RBI holds the yearly RBI Grade “B” Exam for General/DEPR/DSIM postings in order to provide this chance.

RBI Grade B Recruitment 2024

Phase I, Phase II, and Interview are the three phases of the RBI Grade B Examination. The exam is entirely computer-based, thus you will need to mark or enter your answers on a computer screen. The exam consists of both objective and descriptive questions (Phase 1 is all objective, and Phase 2 is both). The grades received in Phase II and the interview will be used to create the merit list.

And therefore the question is: Who Can Take the RBI Grade B Exam? We have gone into further depth about the qualifying requirements below. However, to provide you with a summary, Anyone between the ages of 21 and 30 who has completed their graduation with 60% or higher is eligible to apply. Notably, freshmen are eligible to apply for these positions as well. See the sections below for comprehensive eligibility, exam pattern, phase-wise cutoff, and other information.

RBI Grade B 2024 Overview

You should have a general understanding of the exam by now from the foregoing introduction. In fact, there is just one exam that candidates for the UPSC and banking levels are really excited to take since it provides excellent employment, pay, and advancement opportunities. Additionally, working for an organization like RBI, the hub of all banks, is a fulfilling opportunity.

RBI Grade B 2024- Major Highlights
Organization	Reserve Bank of India, (RBI)
Post Name	RBI Grade ‘B’ DR- General/DEPR/DSIM
Exam Level	National
Job Location	RBI Offices across India
Selection Process	Phase I, Phase II, Interview
Salary	Rs. Rs. 1,16,914/-
Age Limit	21-30 years
Exam Frequency	Once a Year
Total number of Attempts	6 for UR and Nil for Reserved categories
RBI Official website	rbi.org.in OR opportunities.rbi.org.in.

RBI Grade B Notification 2024 Updates

Through a comprehensive official announcement PDF posted on the official website @rbi.org.in, RBI announces the most recent opening for a Grade B post. The upcoming Lok Sabha Elections in 2024–2025 would create a slight delay in the release of the RBI Grade B 2024 Notification. Therefore, a rough release date of May 30, 2024, is anticipated. There will be a six-month timeframe within which the entire process must be finished after the notification is issued. As a result, we would suggest that you begin your serious preparations now rather than waiting for the formal announcement.

RBI Grade “B” 2024 Post Details

For the three positions indicated below, the RBI Grade B Exam is primarily administered:

RBI Grade B DR-General,
RBI Grade B DR – Economic and Policy Research Department
RBI Grade B DR: Statistics and Information Management Department

While anybody can apply for a general position, candidates for a DEPR/DSIM position must have special qualifications, such as an MBA, a master’s degree in economics, statistics, or mathematics. Don’t worry, we’ve included a detailed description of each post’s qualifications below. In order to help formulate recommendations for policy and develop strategic initiatives, RBI Grade B Officers carry out research and analysis on a range of economic and financial topics.

RBI Grade B Vacancy 2024

Along with the official notification, the RBI Grade B Vacancy 2024 is often announced. The RBI posts announcements for more than 250 positions annually (see table below). We anticipate openings this year as well.

RBI Grade B Vacancy 2024 Past Year Trends
Year	Vacancy
2023	291
2022	294
2021	322

RBI Grade B Application fee

You can pay the RBI Grade B Application Fee online using a debit or credit card, or through any other payment mechanism that the RBI specifies. There is no reimbursement for this application cost.

Category	Application Fee
SC/ST/PWD	Rs. 100 plus GST
Gen/OBC/EWS	Rs. 850 plus GST
Staff of RBI	Nil

RBI Grade B 2024 Eligibility Criteria

This is the most crucial step before completing the online application procedure because it determines whether or not you are allowed to take the exam. To apply online for the RBI Grade B Exam, you must meet the specified conditions. The primary focuses of RBI Grade B Eligibility are Nationality, Age Requirement, and Qualification.

Nationality

The candidate must be an Indian citizen, a subject of Nepal or Bhutan, a Tibetan refugee who arrived in India permanently before January 1, 1962, or an individual of Indian descent who immigrated with the intention of settling permanently in India from any of the following countries: Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam.

RBI Grade Age Limit

The age range for applicants in the reserved category, as well as the minimum and maximum age limits for RBI Grade B, are displayed below.

Age minimum: 21
30 years is the maximum age limit.
The government’s guidelines for age relaxation are as follows:

Educational Qualifications

The educational prerequisites listed below are for joining RBI as a Grade B officer in accordance with the openings in the RBI Grade B Recruitment 2024.

RBI Grade B 2024 Selection Process

RBI will start the phases of the selection process one month after the online application procedure is closed, and individuals who applied must show up for these steps. Three steps make up the RBI Grade B Selection Process:

Phase I: The questions are objective in nature and cover general awareness, reasoning, quantitative ability, and English language skills. Exams are administered online, with 200 total marks available. There will be multiple choice questions (MCQs) with answers provided in both Hindi and English. It is important for candidates to understand that this is only a qualifying list and will not be added to the final merit list.
Phase II: Those who pass the Phase I exam will take the Phase II exam. Three papers addressing economic and social themes, writing in English, and finance and management make up this course. The Phase 2 material and exam format differ for the General, DEPR, and DSIM positions.
Interview: Those candidates who pass Phase II are then invited to the Interview phase. Candidates can improve their chances of passing the exam and improve their preparation by having a complete understanding of the RBI Grade B selection procedure.

RBI Grade B 2024 Exam Pattern

RBI Grade B Exam Pattern was covered in this part. Examine the tables and bullet points that provide information on the Phase 1 and Phase 2 Exam Patterns.

There will be 200 marks in the RBI Grade B Prelims exam, which will take 120 minutes to complete.
The admittance letter will provide information about the precise sectional duration.
There will be four primary parts.