RBI Grade B Recruitment 2021: Official Notification Out for 322 Vacancy

by Mr. DJ

RBI Grade B Recruitment 2021

RBI Grade B Syllabus and Exam Pattern 2021

RBI Grade B syllabus is similar to that of any other bank exam. There are four major sections that a candidate needs to prepare to ace the preliminary exam. These are Reasoning, Quantitative Aptitude and English Language and General Awareness. The sections have a wide range of topics on which questions are based. It is recommended that candidates must have a look at the previous year papers and know about the weightage of each topic.

RBI Grade B 2021 Notification: Check Here

RBI Grade B Recruitment 2021

RBI Grade B Recruitment 2021

RBI Grade B Syllabus & Exam Pattern

Candidates must look into the change in syllabus and exam pattern and prepare accordingly for RBI Grade B 2021-21 examination.

RBI Grade B Prelims Exam Pattern

Prelims exam of RBI Grade B Officer 2021-21 is an online mode of examination having 4 sections in total. The total marks allotted for all the sections is 200 and the total time allotted for the completion of all the sections of Preliminary exam is 120 minutes. 0.25 marks will be deducted from every question that is attempted wrong by a candidate in RBI Grade B Prelims 2021 exam.

S. No Sections / Subjects No. of Questions Maximum Marks Duration
1. General Awareness 80 80 Composite time of 2 hours
2. Quantitative Aptitude 30 30
3. English Language 30 30
4. Reasoning 60 60
Total 200 200

RBI Grade B Preliminary Exam syllabus

The preliminary examination of RBI Grade B exam 2021 will comprise of Reasoning Ability, Quantitative Aptitude, English Language and General Awareness. Here is the detailed syllabus:

Reasoning Quantitative Ability English Language General Awareness
Logical Reasoning Simplification Reading Comprehension Current Affairs
Alphanumeric Series Profit & Loss Cloze Test Indian Financial Systems
Ranking/Direction/Alphabet Test Mixtures &Alligations Para jumbles Indian Banking Systems
Data Sufficiency Simple Interest & Compound Interest & Surds & Indices Miscellaneous Monetary Plans
Coded Inequalities Work & Time Fill in the blanks National Institutions
Seating Arrangement Time & Distance Multiple Meaning /Error Spotting Banking Terms
Puzzle Mensuration – Cylinder, Cone, Sphere Paragraph Completion
Tabulation Data Interpretation
Syllogism Ratio & Proportion, Percentage
Blood Relations Number Systems
Input Output Sequence & Series
Coding Decoding Permutation, Combination &Probability

RBI Grade B Mains Exam Pattern

Mains exam has a total marks of 300. The mains (Phase-II) examination is consist of 2 papers (Paper-I +Paper-II +Paper-III). Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. A total of 100 questions are asked in each section with 200 questions asked in the English Language Section. A time limit of 1 hour is provided to the candidate to complete each section of RBI Grade B Phase-II Exam. The total time to complete Phase-II exam is 3 hours.

S So Sections / Subjects Paper Type Maximum Marks Duration
1. Paper II: Economics and Social Issues Objective 100 90 minutes
2. Paper II: English (Writing Skills) Descriptive (to be typed with the help of keyboard) 100 90 minutes
3. Paper III: Finance & Management Objective Type 100 90 minutes

RBI Grade B Mains syllabus

The Mains Examination of RBI Grade B exam 2021 will constitute of 3 sections: Economic & Social Issues, Finance and Management. The complete syllabus is discussed below:

Subject Syllabus
Economic & Social Issues Growth and Development
Economic Reforms in India
Globalization
Social Structure in India
Finance Financial System
Financial Markets
Risk Management
Basics of Derivatives
Development in Financial Sector
Union Budget
Inflation
Managemnet Role of Manager
Human Resource Development
Motivation, Morale and Incentives
Communication
Corporate Governance

RBI Grade B Interview

The Interview will be of 50 marks. Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID. Candidate may opt for interview either in Hindi or English. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

Besides the preliminary exam and the mains exam, an interview process is also conducted for candidates who qualify the first two phases of RBI Grade B Officer exam.

The final merit list is made on the basis of marks obtained by a candidate in his/ her mains exam and interview process.

Frequently Asked Questions on RBI Grade B Exam

 

Q 1. What is the salary given to an RBI Grade B Officer?

Ans. The RBI Grade B salary inclusive of emoluments is approximately Rs. 75, 831. Candidates can know the details like perks, basic pay, allowances, etc., regarding the RBI Grade B salary at the linked article.

Q 2. Can the RBI Grade B Exam be given directly after class 12th?

Ans. No, the RBI Grade B exam cannot be given immediately after passing class 12th. Candidate must be a minimum of 21 years of age and have a Bachelor’s degree in any discipline to apply for the RBI Grade B Exam.

Q 3.When is the RBI Grade B exam 2021 scheduled to be conducted?

Ans. The Phase I of RBI Grade B exam 2021 is scheduled for March 6, 2021, and the Phase II examination is scheduled for March 31, and April 1, 2021.

Q 4. What details need to be filled in the RBI Grade B Application form?

Ans. The basic information including the Applicant’s name, address, contact details are asked in the first part of the application form. Further, candidates need to fill in their educational qualifications and marks scored in the RBI Grade B application form.

Q 5. What is the negative marking scheme for the RBI Grade B examination?

Ans. 0.25 marks are deducted for every wrongly answered question in the RBI Grade B examination. The negative marking scheme is the same for Phase I and Phase II examination.

Q 6. Which are the best books to study for the RBI Grade B exam?

Ans. Given below is a list of books that candidates can consider to prepare for the RBI Grade B exam:

  • Indian Economy by Mishra & Puri
  • Major economic newspapers and Economic and Political Weekly
  • An introduction to Economics – A W Stonier and DC Hauge
  • Financial Management – Prasanna Chandra
  • Public Finance – K K Andley and Sundaram

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