RBI Grade B Notification 2024: Comprehensive Guide
Introduction
Every year, the Reserve Bank of India (RBI) conducts a national-level examination to recruit eligible candidates for Grade B General, DSIM (Department of Statistics and Information Management), and DEPR (Department of Economic and Policy Research) posts. The RBI Grade B Notification 2024, containing detailed information about the recruitment process, is scheduled to be released on 18th July 2024. Aspiring candidates can access the notification on the official RBI website at www.rbi.org.in. This article provides an in-depth overview of the selection process, application form, eligibility criteria, and other critical details pertaining to the RBI Grade B recruitment.
Table of Contents
- Overview of RBI Grade B Notification 2024
- Important Dates for RBI Grade B 2024
- RBI Grade B Vacancy Details 2024
- Application Process for RBI Grade B 2024
- Application Fees for RBI Grade B 2024
- Eligibility Criteria for RBI Grade B 2024
- Age Limit
- Educational Qualifications
- Selection Process for RBI Grade B 2024
- Salary and Benefits for RBI Grade B Officers
- Important Links
- Frequently Asked Questions (FAQs)
Overview of RBI Grade B Notification 2024
The Reserve Bank of India (RBI) announced in a press release dated 26th June 2024 that the detailed RBI Grade B Notification 2024 will be available from 18th July 2024. This notification will provide comprehensive information about the recruitment process, including eligibility criteria, selection process, application fees, and more. The notification can be accessed on the official RBI website, and a direct download link will also be provided.
Important Dates for RBI Grade B 2024
The Reserve Bank of India will release the official dates for the RBI Grade B 2024 recruitment along with the notification. Here are the tentative dates based on the usual schedule:
| Event | Date |
|---|---|
| RBI Grade B Notification Release | 18th July 2024 |
| Start of Online Application | To be announced |
| Last Date to Apply | To be announced |
| Last Date to Pay Application Fee | To be announced |
| RBI Grade B Prelims Exam 2024 | To be announced |
RBI Grade B Vacancy Details 2024
The number of vacancies for the RBI Grade B 2024 recruitment will be announced in the detailed notification. Last year, 291 vacancies were filled, and it is expected that this number may increase for 2024. The vacancies will be categorized and listed post-wise and category-wise for DR (General), DEPR, and DSIM posts.
Application Process for RBI Grade B 2024
The online registration process for RBI Grade B posts is expected to commence after the release of the notification on 18th July 2024. Interested candidates can fill out their application forms on the RBI official website. A direct link to apply will also be provided once the registration begins. Candidates must ensure that their application forms are correctly filled out in accordance with the RBI guidelines to be considered for the selection process.
Application Fees for RBI Grade B 2024
Candidates are required to pay an application fee while filling out the RBI Grade B application form. The fee structure is as follows:
| Category | Application Fee |
|---|---|
| General/OBC | Rs. 850/- |
| SC/ST/PwBD | Rs. 100/- |
| RBI Staff | Nil |
The fee must be paid through online payment modes. It is important to note that the application will not be considered complete without the payment of the prescribed fee.
Eligibility Criteria for RBI Grade B 2024
Age Limit (As on 01/01/2024)
Candidates must be at least 21 years old and not more than 30 years old as of 1st January 2024 to be eligible for the General, DSIM, and DEPR posts under RBI Grade B Recruitment 2024. Age relaxations are provided for reserved categories:
- OBC candidates: 3 years relaxation
- SC/ST candidates: 5 years relaxation
Educational Qualifications
Candidates must meet the following educational qualifications to apply for various Grade B posts:
Officers in Grade ‘B’ (DR) – General
- Graduation in any discipline / Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or
- Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of 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 recognized Indian or Foreign University /Institute.
- PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute.
- Master’s Degree in Economics in any of the sub-categories of economics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized 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.
- Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and a one-year postgraduate diploma in Statistics or related subjects from an Institute of repute.
- M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years.
- 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.
Selection Process for RBI Grade B 2024
The selection process for RBI Grade B recruitment involves three stages:
- Prelims Exam: The first phase consists of a prelims exam for 200 marks. Candidates are required to score the minimum qualifying marks to advance to the next stage.
- Mains Exam: Shortlisted candidates will appear for the mains exam, which includes three papers specific to each post.
- Interview: The final selection is based on an interview round of 75 marks. Only candidates who pass the prelims and mains exams will be called for the interview.
Salary and Benefits for RBI Grade B Officers
The pay scale for an RBI Grade B Officer is Rs. 55,200-2850 (9)-80850-EB-2850 (2)-86550-3300 (4)-99750 (16 years). The basic pay is Rs. 55,200/- with an increment of Rs. 2850/- for nine years. In addition to the basic pay, various allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, etc., are provided.
Important Links
- RBI Grade B Syllabus (Prelims + Mains)
- RBI Grade B Salary, Allowances & Promotions
- RBI Grade B Cut Off Previous Year
- RBI Grade B Exam Date 2024
Frequently Asked Questions (FAQs)
Q1: When will the RBI Grade B Notification 2024 be released?
The official notification for RBI Grade B posts will be released on 18th July 2024 as per the press release shared by RBI.
Q2: What is the selection process for RBI Grade B Recruitment 2024?
The selection process involves three stages: Prelims Exam, Mains Exam, and an Interview. Candidates must pass each stage to be considered for the final selection.
Q3: What are the eligibility criteria for RBI Grade B 2024?
Candidates must meet the age limit and educational qualification criteria specified by RBI. The detailed criteria are provided in the official notification.
Q4: How can I apply for RBI Grade B 2024?
Candidates can apply online through the official RBI website once the application process begins. The direct link to apply will be provided in the notification.
Q5: What is the application fee for RBI Grade B 2024?
The application fee is Rs. 850/- for General/OBC candidates and Rs. 100/- for SC/ST/PwBD candidates. RBI staff are exempted from paying the fee.
For more detailed information, candidates are advised to refer to the official notification on the RBI website once it is released.