RBI Recruitment 2024 Notification: Speculations are made that the official RBI recruitment notification will be made public anytime in May 2024. If you’re also someone waiting for recruitment notifications in the banking sector, this could be the perfect opportunity for you to grab.
The notification release is on hold and may be made available after the conclusion of the Lok Sabha Elections. While the notification announcement is around the corner and you may get it anytime in June, you must familiarize yourself with the important details of this recruitment.
We’ve tried to cover some basic yet essential details related to the RBI Recruitment 2024. You can learn about the application process, eligibility criteria, other requirements, and more here. However, for the most recent updates, you should keep a check on the official link— www.rbi.org.in.
An Overview Of The RBI Recruitment 2024
Here’s a quick overview of the department and RBI Recruitment 2024:
| Particulars | Specifications |
| Exam Name | RBI Grade B 2024 Exam |
| Exam Conducting Body | Reserve Bank of India |
| Exam Category | Regulatory Body Exam |
| Exam Level | National |
| Exam Mode | Online |
| Vacancies | 200-300 (Expected) |
| Language of Exam | English and Hindi |
| Periodicity | Once a Year |
| Selection Process | Prelims, Mains & Interview |
| Maximum No. of Attempts | 6 for a General Category Candidate |
| Online Registration Start | June 2024 |
| Last Date to Apply | June 2024 |
| RBI Grade B Exam Date 2024 for Phase 1 | June/July 2024 |
| RBI Grade B Exam Date 2024 for Phase 2 | July 2024 |
| Eligibility – Age Limit | 21 to 30 Years |
| Application Fee | Varies according to the categories |
Important Events and Dates
You may check the important events of this recruitment through the following table. Also, we’ve elaborated on the expected dates of those particular events:
| Event | Expected Dates |
| Commencement of online registration of application | June 2024 |
| Closure of registration of application | June 2024 |
| Closure for editing application details | June 2024 |
| Last date for printing your application | June 2024 |
| Online Fee Payment | June 2024 |
| RBI Grade B Exam Date 2024 for Phase 1 | June/July 2024 |
| RBI Grade B Exam Date 2024 for Phase 2 | July 2024 |
What To Know About the Eligibility Criteria?
Candidates willing to apply for the RBI recruitment should make themselves aware of the eligibility parameters. You can check the eligibility details here:
- You must have a bachelor’s degree to apply for the Grade B Recruitment. The educational qualifications for DEPR and DISM positions may vary.
- The applying candidates should range between 21 years and 30 years. Further relaxations may be enjoyed by the students under reservation rules.
- You should check the official site to know the given age relaxation and the detailed educational qualifications.
RBI Grade B 2024 Application Fees
Here’s the application fees for different categories while applying for the RBI Recruitment 2024:
| Category | Application Fees |
| SC/ST/PWD | Rs. 100+GST |
| GEN/OBC/EWS | Rs. 850+GST |
| Staff of RBI | Exempted |
RBI Grade B Vacancy 2024
It’s worth mentioning that the official vacancy count is not yet announced. Expectations are this year the available vacancies will be the same as the previous year. Until the official data is released, let’s take a look at the expected vacancy count of RBI Grade B Recruitment 2024:
| Posts | Vacancies |
| Officers in Grade B (DR)–(General) | 222 |
| RBI Gr. B Officer (DR) – DEPR | 38 |
| RBI Gr. B Officer (DR) – DSIM | 31 |
| Total | 291 (Expected) |
RBI Grade B 2024 Exam Pattern
RBI Grade B exams are held in two phases and the final stage is the personal interview. Being familiar with the exam pattern makes your preparation easier and you may focus more on time management inside the exam center. Here’s what to know:
RBI Grade B Phase I
| Sections | Total Ques. | Marks | Duration |
| Reasoning | 60 | 60 | 45 mins |
| General Awareness | 80 | 80 | 25 mins |
| English Language | 30 | 30 | 25 mins |
| Quantitative Aptitude | 30 | 30 | 25 mins |
| Total | 200 | 200 | 2 hours |
RBI Grade B Phase II Exam Pattern
| Papers | Type of Test | Total Marks | Duration |
| Paper 1 – Economic and Social Issues | 50% Objective Test (30 objective questions) + 50% Descriptive Test (6 descriptive questions out of which 4 need to be answered) | 50 marks (Objective) + 50 marks (Descriptive) | 30 mins (Objective) & 90 mins (Descriptive) |
| Paper 2 – English (Writing Skills) | Descriptive Test | 100 marks | 90 mins |
| Paper 3 – Finance and Management | 50% Objective Test (30 objective questions) + 50% Descriptive Test (6 descriptive questions out of which 4 need to be answered) | 50 marks (Objective) + 50 marks (Descriptive) | 120 mins |
RBI Grade B Interview
- The candidates who will successfully clear the phase I and phase II examinations will be further called for the interview.
- The interview round should be cleared to get shortlisted in the selected candidates’ list.
- The weightage of the interview round will be 75 marks.
- You are free to appear for the interview round either in Hindi or English.
Salary Structure For RBI Grade B Officer
Here are the perks and basic salary structure for the Grade B Officer in the RBI department:
| Particulars | Salary Structure |
| RBI Grade B Officer’s Basic Pay | Rs 55,200/- P.M. |
| Payscale for an RBI Grade B Officer | Rs. 55200 – 2850 (9) – 80850 – EB – 2850 (2) – 86550 – 3300 (4) – 99750 (16 years) |
| RBI Grade B Salary – Allowances Given | i. Dearness Allowance,ii. Local allowance,iii. House Rent Allowance,iv. Family allowance andv. Grade Allowance |
| The gross monthly emoluments for an RBI Grade B Officer | Rs 1.08 Lakhs approximately. |
Also Read:
MPTAAS Scholarship Status 2024: Eligibility Documents Apply Online
FAQs: RBI Recruitment 2024 Notification
Ques 1. In how many months can I prepare for the RBI Grade B examination?
Ans. Though it completely depends on the candidates’ willpower and preparation potential, you can clear the Grade B examination in.
Ques 2. Will I have to face any negative markings in this examination?
Ans. Yes, 0.25 marks are deducted for every wrong answer you’ve attempted.