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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 EventsTentative Dates
RBI Grade-B Online Application FormSeptember 2020
Application Fee/Intimation Charges Last DateOctober 2020
Phase-I ExamNovember 2020
Phase-I Exam ResultNovember 2020
Phase-II Exam: GeneralDecember 2020
RBI Grade-B DEPR/DSIM Paper-II & IIIDecember 2020
Personal InterviewYet to announce
Declaration of Final ResultYet 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.PostsVacancy
1.Officers in Grade-B(DR) – General156
2.Officers in Grade-B(DR) – DEPR20
3.Officers in Grade-B(DR) – DSIM23
 TOTAL199

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:

 

RBI Grade B Basic PayRs. 35,150/-
RBI Grade B Pay Scale35150 – 1750(9) – 50900 – EB – 1750(2) – 54400 – 2000(4) – 624000
RBI Grade B Grade PayNA
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:

  1. Phase-I: Objective Exam
  2. Phase-II: Objective + Descriptive Exam
  3. Phase-III: Personal Interview

RBI Grade B Exam Pattern for Preliminary Exam

Sr. No.SectionNo. of QuestionsMaximum MarksDuration
1.General Awareness8080Composite time of 2 Hours
2.Quantitative Aptitude3030
3.English Language3030
4.Reasoning Ability6060
 TOTAL200200

RBI Grade B Main Exam Pattern

SR. NO.SECTIONPAPER TYPEMAX. MARKSDURATION
1.Economics and Social IssuesObjective (Online)10090 Mins.
2.Paper II English (Writing Skills)Descriptive (Online)10090 Mins
3.Paper III Finance & ManagementObjective Type (Online)10090 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: 
  1. Reasoning Ability
  2. English Language
  3. General Awareness, and
  4. Quantitative Aptitude
The Detailed Syllabus of RBI Grade B Section Wise shown in the table below:
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
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.
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