RBI Grade B Vacancy Announced
RBI Grade B 2020 Recruitment
RBI Grade B 2020 Recruitment: Every year the Reserve Bank of India (RBI) conducts RBI Grade B Officer Examination to select qualified candidates for the post of Grade B Officer in its various branches across the country. As the Reserve Bank of India provides an excellent pay scale and a prestigious job profile, it lures thousands of candidates every year to take the exam. With the vacant posts to be filled through the RBI Grade B exam, it is really important to prepare effectively for this exam. Selection for RBI Grade B officers will be done in three stages through a nationwide competitive examination ie preliminary and main examination followed by an interview.
RBI Official Site:
WWW.RBI.ORG.IN
RBI Grade B 2020 Notification
The Reserve Bank of India (RBI) will issue the official notification for the RBI Grade B Officer Exam in the month of September 2020. This will be an excellent opportunity for graduates who are looking for opportunities in the Reserve Bank of India (RBI). There is a three-stage selection process in the RBI Grade B 2020 exam. Candidates who are selected after Phase-I and Phase-II of the examination are called for the final interview process.
RBI Grade B 2020 Exam Dates
Official notification for the recruitment of RBI Grade B is coming. But as of last year, we can expect that the online application will be available by the second week of September. We will update the exam dates after the official notification is released.
Tentative Dates for RBI Grade-B Exam 2020
| RBI Grade-B Events | Tentative Dates |
| RBI Grade-B Online Application Form | September 2020 |
| Application Fee/Intimation Charges Last Date | October 2020 |
| Phase-I Exam | November 2020 |
| Phase-I Exam Result | November 2020 |
| Phase-II Exam: General | December 2020 |
| RBI Grade-B DEPR/DSIM Paper-II & III | December 2020 |
| Personal Interview | Yet to announce |
| Declaration of Final Result | Yet to announce |
RBI Grade B 2020 Online Application
The online application for the recruitment of RBI Grade B Officers is expected to start from the 2nd week of September 2020. And the closing date for the same will be updated here after release of official notification.
RBI Grade B Vacancy 2020
The Reserve Bank of India (RBI) will release the total vacancies for the RBI Grade B 2020 exam with its official information. Last year, RBI presented 199 vacancies for 2019. Let’s take a look at the vacancy for the RBI Grade B 2019 exam.
| Sr. No. | Posts | Vacancy |
| 1. | Officers in Grade-B(DR) – General | 156 |
| 2. | Officers in Grade-B(DR) – DEPR | 20 |
| 3. | Officers in Grade-B(DR) – DSIM | 23 |
| TOTAL | 199 |
RBI Grade B Salary 2020
All the officers selected through RBI Grade B 2020 examination will be given an annual salary of 12-14 lakhs. With this CTC comes with many perks and perks. PayScale for RBI Grade B Officer is Rs 35150-1750 (9) -50,900-EB-1750 (2) -54400-2000 (4) -62400. This means that you will get a basic salary of Rs. 35,150 / – in which you will get an increase of Rs. 1,750 / – till nine years after your service. After the completion of nine years, you will be in the executive band, with a basic salary of Rs. 50,900 / – and then for the next two years you will get Rs. Will increase 1,750 / – and an increment of Rs. 2000 / – for the following 2 years Rs. Ends with a base salary of. 62,400 / – and this is when you do not get any promotion. Apart from basic pay, several dearness allowances such as dearness allowance, house rent allowance, family allowance, telephone allowance, convenience allowance etc. will also be provided.
DETAILED SALARY STRUCTURE
The RBI Grade B Salary is tabulate below:
DETAILED SALARY STRUCTURE
The RBI Grade B Salary is tabulate below:
| RBI Grade B Basic Pay | Rs. 35,150/- |
| RBI Grade B Pay Scale | 35150 – 1750(9) – 50900 – EB – 1750(2) – 54400 – 2000(4) – 624000 |
| RBI Grade B Grade Pay | NA |
| RBI Grade B Salary (Net Salary including all allowance) | Rs. 67,933/- |
RBI Grade B 2020 Application Fees
Total Rs. 850 / – to be paid by candidates belonging to General and OBC category for RBI Grade B 2020 Examination. The same amount was reduced to Rs. 100 / – for SC / ST / PWD category candidates.
RBI Grade B 2020 Exam Pattern
The RBI Grade B Exam is conducted in three phases:
- Phase-I: Objective Exam
- Phase-II: Objective + Descriptive Exam
- Phase-III: Personal Interview
RBI Grade B Exam Pattern for Preliminary Exam
| Sr. No. | Section | 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 Ability | 60 | 60 | |
| TOTAL | 200 | 200 |
RBI Grade B Main Exam Pattern
| SR. NO. | SECTION | PAPER TYPE | MAX. MARKS | DURATION |
| 1. | Economics and Social Issues | Objective (Online) | 100 | 90 Mins. |
| 2. | Paper II English (Writing Skills) | Descriptive (Online) | 100 | 90 Mins |
| 3. | Paper III Finance & Management | Objective Type (Online) | 100 | 90 Mins |
RBI GRADE B Officer Interview Process
The candidates will be shortlisted for the interview, which will be based on the total marks obtained in the Phase-2 examination of Paper-I, Paper-II, and Paper-III. The interview process will carry 50 marks.
RBI Grade B 2020 Exam Syllabus
The Syllabus of the RBI Grade B Preliminary exam is same as the other Bank Preliminary exams. The Subjects/Sections from which questions are asked are as follows:
In addition to the above three sections in the Mains exam, an additional section of English (written skills) is also present through which a candidate is tested on his writing skills.
- Reasoning Ability
- English Language
- General Awareness, and
- Quantitative Aptitude
| Quantitative Aptitude | Reasoning Ability | English | General Awareness |
| Probability | Inequality | Sentence Framing | Banking terms, rates, processes |
| Data Interpretation | Coding-Decoding | Fill in the Blanks | Govt. Schemes, Agreement & Deals |
| Permutation and Combination | Syllogism | Jumble Words | Static GK |
| Mixture and Allegation | Blood Relation | Passage Making | Finance & Economics News |
| Speed, Distance, and Time | Data Sufficiency | Comprehension | Current Affairs |
| Average, Ratio, Percentage | Directions and Distance | Error Spotting | Economic Terms |
| Time and Work | Seating Arrangement | Vocabulary | Monetary Policies |
| Mensuration | Puzzles | Grammar | Banking & Financial Awareness |
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