What’s New in RBI Grade B 2023: On 2 August 2023, the Reserve Bank of India (RBI) officially announced the Grade B (DEPR/DSIM) Phase I exam 2023 results and cut-off. Candidates can check their scores and download the result and cut-off list from the official website - opportunities.rbi.org.in. It's essential to carefully review the details and scores once downloaded. The result for the General post was released on 18th July 2023.
On July 30, 2023, the Reserve Bank of India (RBI) successfully conducted the RBI Grade B Phase 2 exam for the General post. The difficulty level of the exam paper was rated as easy to moderate. Candidates can expect the announcement of the RBI Grade B Phase 2 result 2023 soon.
The Phase 2 exam was held in two shifts, with Paper-III (General Finance and Management) conducted in the morning shift, and Paper 1 (Economic and Social Issues) and Paper 2 (English Writing Skills) conducted in the afternoon shift. As for the RBI Grade B Phase 1 scorecard 2023, it is expected to be released within 15 days.
The Phase 1 exam for DEPR and DSIM took place on July 16, 2023. The Phase 2 exam for DEPR is scheduled for September 2, 2023, while the Phase 2 exam for DSIM will be held on August 19, 2023. The RBI Grade B 2023 exam aims to fill a total of 291 vacancies.
RBI Grade B 2023: The RBI Grade B Exam is a competitive examination conducted by the Reserve Bank of India (RBI) to recruit officers for various posts in its different departments. It is one of the most prestigious and sought-after exams for candidates aspiring to work in the banking sector and serve in the central banking authority of India.
Also Check: RBI Grade B Salary
The exam is a national-level competitive examination conducted in three phases - Phase I, Phase II, and an Interview. The exam aims to recruit officers for various posts, such as General, DEPR (Department of Economic and Policy Research), and DSIM (Department of Statistics and Information Management). Check: RBI Grade B Pattern
RBI Grade B Registration 2023 closed on June 16, 2023. The detailed notification for RBI Grade B 2023, along with the application form, was released on May 9, 2023. The notification invited applications for the post of Grade B (Direct Recruit-DR) (On Probation-OP) in General, DEPR, and DSIM categories. Eligible candidates, aged between 21 and 30 years, were allowed to apply for the RBI Grade B 2023 exam.
Continue reading to know more about the exam, including the pattern, syllabus, eligibility, expected result and RBI Grade B cutoff details.
RBI Grade B Recruitment 2023: Highlights
Interested candidates may go through the table below to learn some of the prominent exam highlights-
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Particulars
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Details
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Exam Name
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RBI Grade B Recruitment
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Exam Conducting Body
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Reserve Bank of India
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Exam Frequency
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Annually
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Mode of Exam
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Online
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Category of Exam
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Banking Exam
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Level of Exam
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National
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Exam Language
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English and Hindi
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Selection Process
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Phase 1, Phase 2, Interview
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Official Website
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www.rbi.org.in
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RBI Grade B 2023 Dates
The exam dates were announced along with the release of the RBI Grade B Notification 2023. Applicants must check the table below to know the important dates for RBI Grade B 2023-
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Exam Event
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RBI Grade B Dates
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Official Notification
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9th May 2023
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RBI Grade B Registration
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9th May 2023
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Last Date for Application Submission
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16th June 2023
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RBI Grade B Phase 1 Admit Card
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29th June 2023
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RBI Grade B Phase 1 General DR
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9th July 2023
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RBI Grade B Phase 1 General DEPR
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16th July 2023
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RBI Grade B Phase 1 General DSIM
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16th July 2023
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RBI Grade B Phase 1 Result
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18th July 2023
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RBI Grade B Phase 2 General DR
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30th July 2023
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RBI Grade B Phase 2 General DSIM
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19th August 2023
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RBI Grade B Phase 2 General DEPR
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September 02, 2023
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RBI Grade B Phase 2 Result
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To be announced
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RBI Grade B Interview 2023
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To be announced
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Final Result for RBI Grade B Recruitment
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To be announced
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RBI Grade B Eligibility Criteria 2023
The RBI Grade B eligibility 2023 require candidates to meet certain age, educational, and nationality requirements. To apply for the exam, candidates must be Indian citizens or fall under specific categories like Nepali, Bhutanese, or Tibetan refugees with permanent settlement in India. The age limit for candidates is between 21 and 30 years, but there are variations for candidates with MPhil and PhD qualifications, with upper age limits of 32 and 34, respectively. Reserved category candidates are eligible for relaxation in the upper age limit.
To know the detailed eligibility criteria for RBI Grade B Exam, Read: RBI Grade B Eligibility 2023
RBI Grade B Registration 2023
RBI Grade B Registration commenced on May 9, 2023, and the last date to apply was June 16, 2023 (extended), as stated in the RBI Grade B Notification 2023. To register for the RBI Grade B Exam 2023, candidates were asked to submit their application forms online. The RBI Grade B apply online process includes registration, uploading a photo and a signature, filling out a thorough application form, assessing the application form, and paying the application fee. Candidates must accurately complete and submit the RBI Grade B application form by the prescribed deadline.
RBI Grade B Application Fee 2023
Below are the application fees for RBI Grade B, categorized as follows:
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Particulars
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Details
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General/OBC candidates
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Application Fee: INR 850 + 18% GST
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SC/ST/PWD candidates
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Application Fee: INR 100 + 18% GST
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RBI Staff
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NIL
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RBI Grade B Admit Card 2023
For Phase I, Phase II, and the Interview stage, separate RBI Grade B admit card is provided. The admit card for each stage is available for download on RBI's official website, rbi.org.in. Candidates must enter the appropriate login information in order to obtain their RBI Grade B hall ticket. On July 24, 2023, the conducting body released the RBI Grade B phase 2 admit card. This admit card was made available to all the candidates who qualified in the Phase 1 exam.
RBI Grade B Vacancy 2023
Check the table below to know the released vacancies for the year 2023-
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RBI Grade B Vacancy 2023
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Particulars
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UR
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SC
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ST
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OBC
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EWS
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Vacancy
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Grade ‘B’ (DR)–(General)
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109
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25
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17
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49
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22
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222
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Grade ‘B’ (DR)–DEPR
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14
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04
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06 (04)
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11
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03
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38
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Grade ‘B’ (DR)–DSIM
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09
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08 (05)
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05 (05)
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06
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03
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31
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Total
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291
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Read More: RBI Grade B Vacancy 2023
RBI Grade B Pattern 2023
As stated in the article above, the RBI Grade B exam pattern consists of three phases: Phase 1, Phase 2, and Interview.
As per the RBI Grade B exam pattern, the Phase I exam for the General post consists of objective-type questions from General Awareness, English Language, Quantitative Aptitude, and Reasoning. The total marks for this exam are 200, and it is conducted online. Candidates are given 120 minutes to complete the test, with separate time allotted for each section. The question paper is available in both English and Hindi.
The Phase 2 exam is conducted in a two-shift pattern, and it consists of three papers for the General post:
Economic and Social Issues (ESI) - Descriptive Paper: This paper assesses candidates' understanding of economic and social issues. It tests their knowledge of current economic situations, policy frameworks, social problems, and developmental issues.
English (Writing Skills) - Descriptive Paper: This paper evaluates candidates' writing skills, comprehension, and ability to present their ideas clearly and coherently.
Finance and Management (F&M) - Objective Paper: This paper assesses candidates' knowledge of financial systems, financial markets, management concepts, and related topics.
The exam pattern will differ for different posts, hence, the exam pattern for DEPR, DSIM and DR General will be different. To know the detailed pattern for each post, check: RBI Grade B Pattern 2023.
RBI Grade B Syllabus 2023
Check the table below to know details regarding the RBI Grade B Syllabus 2023-
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English
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General Awareness
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Quantitative Aptitude
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Reasoning
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Grammar
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Financial Awareness and Banking
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Mensuration
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Puzzles
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Vocabulary
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Monetary Policies
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Time and Work
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Seating Arrangement
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Error Spotting
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Economic Terms
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Percentage, Average, Ratio
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Directions and Distance
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Comprehension
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Current Affairs
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Speed, Distance and Time
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Data Sufficiency
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Passage Making
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Financial & Economics News
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Mixture and Allegations
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Blood Relations
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Jumble Words
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Static GK
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Permutation and Combination
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Syllogism
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Fill in the Blanks
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Government Schemes, Agreement & Deals
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Data Interpretation
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Coding-Decoding
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Sentence Framing
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Banking terms, rates, processes
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Probability
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Inequality
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RBI Grade B Salary 2023
Candidates who pass the RBI Grade B Exam should familiarize themselves with the detailed RBI Grade B Salary Structure. The RBI not only offers a prestigious job title and job stability but also provides a respectable RBI Grade B Salary. The salary scale for this position varies from Rs. 55,200 to Rs. 85,550 with regular increments and efficiency bar progression, culminating in Rs. 99,750 after 16 years of service. Check the table below for details-
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RBI Grade B Salary Structure
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Details
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Amount
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Basic Salary Pay
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Rs. 55,200
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Dearness Allowances
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Rs. 23,144
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Allowance (Meal)
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Rs. 160
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Allowance (Housing)
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Rs. 5273
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Direct Recruit (Special Allowances)
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Rs. 1800
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CVPS Incentives
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Rs. 827
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Regional Compensatory Allowances
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Rs. 3664
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RBI Grade B Mock Test 2023
Before attempting any mock test, ensure that it is based on the latest RBI Grade B syllabus and pattern to get an accurate understanding of the exam. Mock tests and RBI previous year papers are an excellent way to assess one’s preparation level, identify strengths and weaknesses, and improve overall performance.
Check RBI Grade B Previous Year Papers here: RBI Grade B Question Paper
RBI Grade B Preparation 2023
In preparing for the RBI Grade B Exam, one needs dedication, strategic planning, and consistent effort. Applicants should familiarize themselves with the exam pattern, cover the detailed syllabus, and gather the best study materials. It is essential to practice mock tests and previous papers, stay updated with current affairs, and manage time effectively. Regular revision and seeking guidance from coaching institutes or online classes can be beneficial. The following prep tips must be followed in order to achieve the desired results-
- Understand the Syllabus and Pattern
- Create a Study Plan
- Refer to Quality Study Material
- Stay Updated with Current Affairs
- Practice Mock Tests
- Work on Speed and Accuracy
- Revise Consistently
- Focus on Financial and Economic Knowledge
- Improve Communication Skills
- Solve Mock Tests and Previous Year Questions
- Stay Positive
- Seek Expert Guidance if Required
Check More: RBI Grade B Preparation and Books
RBI Grade B Result 2023
On July 18, 2023, the RBI Grade B 2023 Result was announced for the Phase 1 General Posts Exam. The result has shortlisted candidates for the Mains Exam. Further, on 2nd August 2023, the result for DSIM and DEPS posts was announced.
The RBI Grade B Result is a highly anticipated announcement for all the aspirants who have appeared for the exam. After successfully completing the different phases of the examination, candidates eagerly await the release of the results. The result declaration is usually done in multiple stages for each phase, and it is made available on the official Reserve Bank of India website. Candidates can check their results by entering their roll number or registration details. Check: RBI Grade B Result 2023
