RBI Grade B Notification 2024 Out for 94 Vacancies, Exam Dates & Officer News

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The Reserve Bank of India (RBI) has released the RBI Grade B Short Notice for the financial year 2024-25 today i.e on 19th July 2024. The detailed notification, along with the online registration link, will be available on the RBI’s official website at www.rbi.org.in from 25th July 2024. This year 94 vacancies are released for Grade B Officer positions across the General, DEPR (Department of Economic and Policy Research), and DSIM (Department of Statistics and Information Management) departments.

RBI Grade B Notification 2024 Out

The detailed RBI Grade B Notification 2024 PDF will be out on July 25, 2024. Any graduate candidate aged between 21 and 30 years can apply for RBI Grade B 2024 exam. The Phase 1 exam is scheduled to be conducted on 8th September 2024 and phase 2 exam is scheduled for 19th October 2024 for DR General. The selection process of RBI Grade B Officer includes a three-stage examination consisting of Prelims, Mains, and an Interview. 

RBI Grade B Notification 2024 – Major Highlights

Application dates and exam dates of RBI Grade B 2024 have been released for all the three departments i.e. General, DEPR & DSIM. Check out the important pointers below:

  • RBI Grade B Short Notice Release Date – 19th July 2024
  • RBI Grade B Detailed Notification 2024 – 25th July 2024
  • RBI Grade B Application Start Date – 25th July 2024
  • RBI Grade B Application End Date – 16th August 2024
  • RBI Grade B Phase 1 Exam Date – 8th September 2024 (DR General), 14th September 2024 (DEPR, DSIM)
  • RBI Grade B Phase 2 Exam Date – 19th October 2024 (DR General), 26th October 2024 (DEPR, DSIM)

Download RBI Grade B PYQ PDF

RBI Grade B Officer News – Short Notice

The latest RBI Grade B Officer News is that the short notice has been released on 19th July 2024 for 94 vacancies. The detailed notification will be out on 25th July 2024 and if there are any changes in the eligibility, exam pattern and syllabus, we will update it here. Stay updated with the latest RBI Grade B Officer News to ensure you never miss out on important announcements, exam dates, and any changes in the RBI Grade B Exam that helps you in your preparation.

RBI Grade B Notification 2024

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RBI Grade B Notification 2024 – Summary

To grab a position as RBI Grade B Officer, a candidate will have to go through the complete RBI Grade B Selection Process and clear the cut off for each phase. The basic pay for the appointed RBI Officer is Rs 55,200. Check out the complete summary on RBI Grade B Notification 2024 in the table below:

ParticularsRBI Grade B Exam Details
Exam NameRBI Grade B 2024
Exam Conducting BodyReserve Bank of India 
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
RBI Grade B Vacancies94
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPrelims, Mains & Interview
Maximum Number of Attempts6 for a General Category Candidate
Notification Release Date19th July 2024
RBI Grade B Registration Start Date25th July 2024
RBI Grade B Registration Last Date16th August 2024 (6:00 PM)
RBI Grade B Exam Date 2024 for Phase 18th September 2024 (DR General)
14th September 2024 (DEPR, DSIM)
RBI Grade B Exam Date 2024 for Phase 219th October 2024 (DR General)
26th October 2024 (DEPR, DSIM)
Age Limit 21 to 30 Years
EducationGraduation/ Post Graduation in any discipline 

RBI Grade B Notification PDF 2024

RBI Grade B Notification PDF contains all the important information such as application dates, eligibility, exam date, exam pattern, syllabus, etc. The application process will begin on the same day the detailed RBI Grade B Notification 2024 is released which is 25th July 2024. The candidates will get approximately only a few days to fill the application forms for RBI Grade B i.e. till 16th August 2024. Download the RBI Grade B Notification PDF from the direct link given below.

Download RBI Grade B Notification PDF 

RBI Grade B Important Dates 2024

The detailed RBI Grade B 2024 Notification has been released today along with all the RBI Grade B Important dates such as application dates, exam dates and more. Check out the table below and keep the record of the timeline.

RBI Grade B 2024 Important DatesDates 
Release of RBI Grade B Short Notification 202419th July 2024
Release of RBI Grade B Detailed Notification 202425th July 2024
RBI Grade B Apply Online Starts25th July 2024
RBI Grade B Apply Last Date16th August 2024 (Till 6:00 PM)
RBI Grade B Application Fee Last Date16th August 2024 (Till 6:00 PM)
RBI Grade B Phase 1 Exam for Grade B (DR)- General8th September 2024
RBI Grade B Phase 1 Exam for Grade B (DR)- DEPR, DSIM14th September 2024
RBI Grade B Phase 2 Exam for Grade B (DR)- General19th October 2024
RBI Grade B Phase 2 Exam for Grade B (DR)- DEPR, DSIM26th October 2024

RBI Grade B Vacancy 2024 for General, DEPR and DSIM

We have provided the RBI Grade B Vacancy details for the last 6 years along with the current year in the table below. The number of vacancies are released separately for the General, DEPR & DSIM departments. Check out the table given below to know the detailed RBI Grade B Vacancy 2024. 

Post Name/ RBI Grade B Vacancies 2024202320222021201920182017
RBI Gr. B Officer (DR) – General 66222238270156127145
RBI Gr. B Officer (DR) – DEPR 21383129202212
RBI Gr. B Officer (DR) – DSIM731252323174
Total94291294322199166161

RBI Grade B Recruitment 2024 Eligibility 

RBI Grade B Notification comes with the detailed RBI Grade B Eligibility. The candidates must be Indian citizens or a subject of Nepal/ Bhutan or a Tibetan refugee or an Indian origin person who have migrated from other countries to permanently settle in India if they want to apply for RBI Grade B 2024. Check out the detailed RBI Grade B Eligibility below.

RBI Grade B Eligibility – Age Limit

The candidates must be aged between 21 and 30 years as of the reference date. This simply means that the candidates must not exceed the age limit of 30 years. However, certain age relaxations have been provided to some candidates and for the same, you must check out the detailed RBI Grade B Eligibility 2024.

RBI Grade B Eligibility – Educational Qualifications

Along with the age limit criteria, the candidates must also check out the educational qualification details. Below are the details of RBI Grade B Educational Qualification for all three departments.

PostRBI Grade B Educational Qualification
RBI Grade B Generalist OfficerGraduation/ Post Graduation in any discipline /Equivalent technical or professional qualification.
Graduation: Minimum 60% marks (50% for SC/ST/PwBD applicants)Post Graduation: Minimum 55% marks (pass marks for SC/ST/PwBD applicants)
RBI Grade B DEPR Officera. Master’s Degree in Economics (or any other master’s degree where “Economics” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, and Industrial Economics) ORb. A Master’s Degree in Finance (or any other master’s degree where “Finance” is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance).
Minimum of 55 percent marks or an equivalent grade is required in aggregate.
RBI Grade B DSIM Officera. A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years; ORb. 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; ORc. Master’s degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; ORd. 4-year Bachelor’s degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; ORe. 2 years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme.

RBI Grade B Application Form 2024

The RBI Grade B Application process has only a few steps. Filling up the RBI Grade B Application Form involves the following steps-

  • Begin by registering on the official RBI website.
RBI Grade B 2024
  • Complete the application form by filling in all required details.
  • Upload your photo and signature as per the specified guidelines.
  • Upload a scanned image of your left hand thumb impression.
  • Upload a scanned copy of your handwritten declaration as specified.
  • Pay the application fee through the available online payment options.
  • Review all the details and submit the application form.

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RBI Grade B Application Fee 2024

The application fee for the RBI Grade B exam varies according to the category. Staff of RBI are exempted from paying the RBI Grade B application fee. The fee can be paid online through a debit/credit card or any other payment gateway as mentioned by RBI. Please note that this application fee is non-refundable.

CategoriesRBI Grade B Application Fee
SC/ST/PWDRs. 100 plus GST
Gen/OBC/EWSRs. 850 plus GST
Staff of RBINil

RBI Grade B Selection Process

To grab a position as RBI Grade B Officer, a candidate will have to go through three stages of the selection process. Following are the stages of selection process:

  • Phase 1 (Prelims Exam)
  • Phase 2 (Mains Exam)
  • Phase 3 (Interview)

RBI Grade B Exam Pattern

One must be aware of the exam pattern for both the phases. Below are the detailed exam patterns for both the phases.

RBI Grade B Exam Pattern for Phase 1

Before moving on to the detailed RBI Grade B Exam Pattern for Phase 1, check out some of the highlights below for Phase 1 exam:

  • Sectional Timings – Yes
  • No of Questions – 200
  • Time Duration – 120 minutes
  • No of Marks – 200
  • No of Sections – 4
  • Negative Marking – Yes, 1/4th or 0.25
SectionsTotal QuestionsMarksDuration
Reasoning606045 minutes
General Awareness808025 minutes
English Language303025 minutes
Quantitative Aptitude303025 minutes
Total200200120 minutes

RBI Grade B Exam Pattern for Phase 2

Check out some of the highlights below for Phase 2 exam:

  • No.of Papers – 3 (Paper 1,2&3)
  • Nature of Questions – Objective & Descriptive
  • Time Duration – 120 minutes for Paper 1 & 3 and 90 minutes for Paper 2
  • No of Marks – 100 for each paper
PapersType of testTotal MarksDuration
Paper 1 – Economic and Social Issues50% Objective Test (30 objective questions)50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)50 marks50 marks30 mins90 mins
Paper 2 – English (Writing Skills)Descriptive Test100 marks90 mins
Paper 3 – Finance and Management50% Objective Test (30 objective questions)50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)50 marks50 marks120 minutes

RBI Grade B Interview 2024

Check out the important details of RBI Grade B Interview in the table below:

Important PointsDetails
Shortlisting CriteriaCandidates will be shortlisted for the interview based on the aggregate of marks obtained in Phase 2 (Paper 1 + Paper 2 + Paper 3).
Interview MarksThe interview will comprise 75 marks.
Psychometric TestCandidates must undergo a Psychometric Test conducted by the Bank before the Interview. No marks will be allotted for this test, and it will not form part of the final selection criteria.
Interview LanguageCandidates may opt for an interview either in Hindi or English.

RBI Grade B Syllabus 2024

The Phase 1 exam consists of four sections whereas the phase 2 exam consists of three sections. The detailed RBI Grade B Syllabus has been provided, the candidates can just click on the link attached to know the detailed syllabus and hence download the RBI Grade B Syllabus PDF.

RBI Grade B Cut Off 2024

It is extremely important to understand the RBI Grade B Cut Off for previous years. For the last few years, the Phase 1 Cut Off details have been provided and if you want the RBI Grade B Cut Off details for all the previous years, then check out the link attached. 

Section20232022202120192018201720162015
General Awareness(Max. Marks = 80)121216202016.52020
Reasoning(Max. Marks = 60)99121515111515
English Language(Max. Marks = 30)4.54.567.57.56.757.57.5
Quantitative Aptitude(Max. Marks = 30)4.54.567.57.547.57.5
Phase 1 Cut-Off Marks(Max. Marks = 200)54.2563.7566.75122105.757898.5088.50

RBI Grade B Job Profile

As an RBI Grade B Officer, you play a crucial role in maintaining the financial stability and economic growth of the country. The job involves various responsibilities, including monetary policy formulation, regulation and supervision of banks, financial inclusion initiatives, and managing currency and foreign exchange. With a competitive salary, numerous perks, and opportunities for career growth, this role is ideal for individuals seeking a challenging yet rewarding career in the financial sector.

  • Formulating and implementing monetary policies.
  • Supervising and regulating financial institutions.
  • Conducting economic research and analysis.
  • Managing the issuance and circulation of currency.
  • Overseeing foreign exchange markets.
  • Ensuring financial stability and economic growth.
  • Implementing government schemes related to financial inclusion.
  • Conducting audits and inspections of banks and financial institutions.
  • Collaborating with national and international financial organizations.
  • Providing expert advice on economic policies.
  • Managing public debt and government accounts.
  • Handling customer service issues related to banking and finance.

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RBI Grade B Preparation Tips

Preparing for the RBI Grade B exam requires a strategic and disciplined approach. This competitive exam demands a comprehensive understanding of various subjects, including economics, finance, and general awareness. To excel, it is crucial to have a well-structured study plan that covers all the essential topics and includes regular practice and revision. Here are some effective preparation tips:

  • Attempt RBI Grade B Mock Test regularly to familiarize yourself with the exam pattern and manage time effectively.
  • Practice RBI Grade B Previous Year Papers to understand the types of questions asked and the level of difficulty.
  • Revise important topics frequently to ensure you retain the information.
  • Stay updated with current affairs, especially those related to economics, finance, and banking.
  • Read newspapers, magazines, and online articles to enhance your general awareness.
  • Use standard textbooks and reliable study materials for thorough preparation.
  • Focus on understanding concepts rather than rote learning.
  • Join online forums or study groups to discuss and clarify doubts.
  • Manage your time efficiently, balancing work and study if you are a working professional.
  • Stay positive, motivated, and consistent in your preparation efforts.
Related LinksRelated LinksRelated Links
RBI Grade B SalaryRBI Grade B Selection ProcessRBI Grade B Exam Date

RBI Grade B Notification 2024 – FAQs

Q1. Is RBI Grade B 2024 Notification Out?

Yes, the short notification of RBI Grade B 2024 has been released today i.e. on 19th July 2024. However, the detailed notification will be out on 25th July 2024.

Q2. Is RBI Grade B Vacancy released every year?

Yes, the RBI Grade B Vacancy is generally released every year for three departments i.e. General, DEPR, DSIM.

Q3. What is the Phase 1 of RBI Grade B 2024?

The phase 1 of RBI according to the RBI Grade B Notification consists of 4 sections i.e. General Awareness, Reasoning, Quantitative Aptitude and English.

Q4. What is the CTC of RBI Grade B Officer?

The annual CTC of RBI Grade B Officer is around 20-24 lakhs in metro cities.

Q5. How many seats are there in RBI Grade B 2024?

The total number of seats as mentioned in RBI Grade B Notification 2024 is 94.

Q6. Is RBI Grade B tough than CA?

It is very tough to comprehend which of these two is difficult as both the exams are from different fields and are considered tough.

Q7. How is the selection of RBI Grade B Officers done?

For the selection as RBI Grade B Officer, one will have to go through three stages i.e. Phase 1 (Prelims), Phase 2 (Mains) and Phase 3 (Interview).

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