RBI bank exams and their eligibility criteria

Before looking into RBI bank exams and their eligibility criteria, let us first look into its historical background. Reserve Bank of India is the Central or Apex Bank of India. It is also known as banker’s bank and bank of last resort. Reserve Bank of India does transactions on behalf of the Central Government or state government. RBI is a controller of monetary and other banking policies in India.

In 1933, The White paper on Indian Constitutional Reforms recommended the bill for creation of RBI. The Reserve Bank of India was established on 1st April, 1935 under Reserve Bank of India Act, 1934. It was acting as a private shareholder’s bank with a paid up capital of Rs. 5 Crores. In 1949, the Reserve Bank of India was nationalised under the Reserve Bank (Transfer of Public Ownership) Act, 1948. The Reserve Bank of India have a headquarter in Mumbai with 27 departments in operation currently

rbi grade B banking zone

Grade B

Reserve Bank of India conducts this exam every year. Minimum age of an individual should be 21 years and maximum age should be 30 years. Candidates should be at least undergraduate to apply for the exam. There is no fixed date for RBI Grade B notification and conduction of exam. RBI Grade B exam consists of Phase I exam (200 marks), Phase II exam (300 marks) and an interview (50 marks)

RBI Grade B Exam Pattern

Examination Papers No. of Questions Maximum Marks Time Duration
Phase I General Awareness 80 80

120 minutes

English Language 30 30
Quantitative Aptitude 30 30
Reasoning 60 60
Total 200 200
Phase II Economic and Social Issues (objective) 100 90
English (subjective) 100 90
Finance and Management (objective) 100 90

 

RBI Grade B Syllabus

  • English (objective + subjective)
  • Economic and Social Issues
  • Finance
  • Management
  • General Awareness
  • Current Affairs
  • Micro and Macro Economics
  • Indian Economy and Related Topics
  • Quantitative Aptitude
  • Reasoning Ability

 

RBI Grade B Phase-I Syllabus

General Awareness English Quantitative Aptitude Reasoning
Banking & Financial Awareness Grammar Mensuration Puzzles
Monetary Policies Vocabulary Time and Work Seating Arrangement
Economic Terms Error Spotting Average, Ratio, Percentages Directions and Distance
Current Affairs Comprehension Speed, Distance and Time Data Sufficiency
Financial & Economics News Passage Making Mixture and Allegations Blood Relations
Static GK Jumble Words Permutation and Combination Syllogism
Government Schemes, Agreement & Deals Fill in the Blanks Data Interpretation Coding Decoding
Banking terms, rates, processes Sentence Framing Probability Inequality

 

RBI Assistant

Reserve Bank of India conducts an exam for clerical/Assistant every year. Minimum age of an individual should be 21 years and maximum should be 28 years. This exam is conducted in three phases i.e. Prelims, Mains and an Interview.

RBI Assistant Preliminary Examination Pattern

Papers No. of Questions Maximum Marks
English Language 30 30 A composite time of 1 hour is provided to the candidate
Numerical Ability 35 35
Reasoning Ability 35 35
Total 100 100

 

RBI Assistant Mains Examination Pattern

Papers No. of Questions Maximum Marks Duration
English Language 40 40 30 minutes
Quantitative Aptitude 40 40 30 minutes
Reasoning Ability 40 40 30 minutes
Computer Knowledge 40 40 20 minutes
General Awareness 40 40 25 minutes
Total 200 200 135 minutes

RBI Assistant Exam Syllabus

English Language General Awareness Quantitative Aptitude Computer Knowledge Reasoning
Reading Comprehension Current World News Time and Distance Languages Number Series
Synonyms Current India News Time and Work Basic Hardware and Software Blood Relations
Antonyms Geography Concepts HCF and LCM History of Computers Analogy
Sentence Correction History Concepts Simple and Compound Interest Devices Odd Man Out
Word Meanings Political Science Problems on Trains Number Series
Average Coding and Decoding
Allegations and Comparison Directions Based Concept
Probability Row Arrangements
Permutation and Combination Symbols
Pipes Statement Reading, Understanding

 

Eligibility

Posts Minimum Educational Qualifications
Office Assistant A minimum of 50% marks (pass class for SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.
Officers in Grade ‘B’ (DR) – (General) • A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

• The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters / years.

Officers in Grade ‘B’ (DR) – DEPR • A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute OR

• PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR

• Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.

Officers in Grade ‘B’ (DR) – DSIM

• A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years OR

• Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR
• M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR

• Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

That’s all for RBI bank exams, their eligibility criteria and paper patter. Hope your have understood better. Thanks for visiting us !

error: Content is protected !!