RBI Grade B Selection Process 2024: RBI Grade B is one of the widely known exams and all those aspirants who want to crack this exam will have to go through the complete RBI Grade B Selection Process 2024. It consists of three stages and the candidates who will clear all three stages will finally get a posting in the Reserve Bank of India. Read through this article, about the complete RBI Grade B Selection Process 2024.
RBI Grade B Selection Process 2024
The RBI Grade B Selection is done in several phases. Phase 1 is a preliminary examination. Candidates who clear Phase 1 are called to appear for Phase 2 which is the mains examination. Candidates who clear both the written examinations are further called for the Personality Test round or Interview. As the RBI Grade B Notification 2024 is out, it becomes more important to understand the RBI Grade B Selection Process in a better way.
- The RBI Grade B Selection Process 2024 consists of three stages which are Phase 1 (Prelims Exam), Phase 2 (Mains Exam), and Phase 3 (Interview).
- Out of the 3 stages in the selection process, the first two stages are online. The third stage will be offline as it is an Interview round.
- Phase 1 of the selection process will not be considered while constituting the final result which means that Phase 1 is qualifying in nature. The final selection will be done on the basis of mains and interviews.
RBI Grade B Selection Process Stages
Every year RBI releases vacancies for this post. Out of lakhs of students, RBI chooses the most efficient and effective candidates and for the same, it conducts a three-tiered selection process. Without fulfilling all the needs of the eligibility, you won’t be able to sit for the exam as you may be rejected at any stage of the selection process. Let us move on to the stages in the RBI Grade B Selection Process 2024.
- Phase 1 (Preliminary Exam): Phase 1 of the RBI Grade B Exam consists of 4 subjects. These are Reasoning, Quantitative Aptitude, General Awareness, and English. A total of 200 questions are asked for 200 marks. The total duration of the exam is 120 minutes. Also, note that there is sectional timing. As far as the marking scheme is concerned, 1/4 of the assigned questions will be deducted as negative marking.
- Phase 2 (Mains Exam): Phase 2 is further divided into three papers. Paper 1 & Paper 3 are a mix of objective and descriptive papers whereas Paper 2 will be completely descriptive. This stage will be taken into consideration while creating the final result.
- Phase 3 (Interview): This is the final stage of the RBI Grade B Selection Process. The interview stage consists of 75 marks. For this stage, the marks of all three papers of Phase 2 will be taken into consideration.
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RBI Grade B Selection Process 2024- Phase 1
Well, we have understood the basic things about Phase 1 in the above paragraphs. Now, let us understand the distribution of the questions, marks, and timings. Check out the table for the same. Also note, that Phase 1 is only qualifying in nature.
| Sections | Total Questions | Marks | Duration |
| Reasoning | 60 | 60 | 45 minutes |
| General Awareness | 80 | 80 | 25 minutes |
| English Language | 30 | 30 | 25 minutes |
| Quantitative Aptitude | 30 | 30 | 25 minutes |
| Total | 200 | 200 | 120 minutes |
RBI Grade B Selection Process 2024 – Phase 2
This is one of the crucial stages of the RBI Grade B Exam as you need to score as high as you can. This is because the higher your score, the greater your chances to get into the final merit list after performing well in the Interview. Let us understand the pattern for the main exam below.
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For the General Posts
| 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 50 marks | 30 mins 90 mins |
| 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 50 marks | 120 minutes |
RBI Grade B Selection Process 2024- Interview
Only those aspirants who clear Phase 2 will be able to appear in the Interview. The interview will be conducted for a total of 75 marks and the candidates are allowed to opt for either language (Hindi or English). Securing good marks in the Interview will increase your chances of appearing in the final merit list.
RBI Grade B Final Selection 2024
Well, as discussed above, the RBI Grade B Final Selection will be based on Phase 2 (Paper 1+2+3) and Interview.
RBI Grade B Selection Process 2024 FAQs
The process of selection includes Phase 1 (Prelims), Phase 2 (Mains), and Phase 3 (Interview).
For the General Category, the number of attempts is 6.
Well, you will have to go through the three-tiered processes. Beginning from the notification to be out to the final result, it is expected to be completed in 9-11 months.
The interview will be conducted for a total of 75 marks. The candidates who will clear phase 2 will appear in the interview round.
Yes, 1/4th of the marks assigned to that question will be deducted as negative markings in Phase 1.
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