RBI Grade B Selection Process
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.
RBI Grade B Selection Process 2024
Check out the below-mentioned points on RBI Grade B Selection Process to understand it in a better way.
- 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.
- 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).
RBI Grade B Selection Process & Its Stages 2024
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. To sit for this exam, you need to fulfill RBI Grade B Eligibility. Also, note that 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 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 will be 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 question will be deducted as negative marking.
- Phase 2 (Mains Exam): Phase 2 is further divided into three papers. Paper 1 & Paper 3 will be 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.
Download RBI Grade B 2024 : The Complete Guide Here
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 below-given table for the same. Also note, 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 Interview. Let us understand the pattern for the mains exam below.
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
A. The process of selection includes Phase 1 (Prelims), Phase 2 (Mains), and Phase 3 (Interview).
A. For the General Category, the number of attempts is 6.
A. 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.
A. The interview will be conducted for a total of 75 marks. The candidates who will clear phase 2 will appear in the interview round.
A. Yes, 1/4th of the marks assigned to that question will be deducted as negative markings in Phase 1.
RBI Grade B Preparation Material – Free Ebooks
Hey aspirants!! We have specifically kept this section for the free ebooks. Here, you will get all the topic-wise ebooks. We will keep on updating fresh and new ebooks on different topics so do not forget to bookmark this blog. To download this ebook, all you need to do is log in. Also, download RBI Grade B 2023 Memory-Based Papers below:
- Download RBI Grade B 2023 GA Answer Key Ebook
- Get RBI Grade B 2023 ESI & FM Objective Questions Answer Key Ebook
- Download RBI Grade B 2023 ESI & FM Descriptive Questions Answer Key Ebook
Download FREE Ebooks on Government Schemes for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
- Final Revision of Important Govt Schemes for RBI Grade B – Download FREE Ebook
- FREE Ebook on Top 10 Govt Schemes from Ministry of Agriculture: Part 1 – Download
- FREE Ebook on Top 10 Govt Schemes from Ministry of Agriculture: Part 2 – Download
- Download Top 5 Government Schemes From the Ministry of Education
- Download the Free Ebook on Top 6 Govt. Schemes from the Ministry of Finance
- Ebook on Top 5 Initiatives of NITI Aayog – Download FREE
FREE Ebooks on General Awareness, ESI, FM & Miscellaneous Topics for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA – Download
The syllabus of all the regulatory exams is somewhat similar, so practicing and learning from other exam-specific ebooks are also beneficial in the preparation. Here, we have compiled all the latest ebooks that will help you ace the exam.
- Get a FREE Ebook on Key Highlights from Economic Survey 2022-23
- Download RBI Annual Report 2023 Important MCQs: Part 1 FREE Ebook
- Download RBI Annual Report 2023 Important MCQs: Part 2 FREE Ebook
- Top 50 Banking & Finance CA for all Regulatory Exams (March-April 2023)
- RBI Bolt March 2023 Summary FREE Ebook
- Top 100 PIB Current Affairs MCQs for RBI Grade B 2023: Part 1 – Download FREE
- Top 100 PIB Current Affairs MCQs for RBI Grade B 2023: Part 2 – Download FREE
- FREE Ebook on Introduction to Management
- Five-Year Plans Free Ebook
- FREE Ebook on Indian Agriculture
- Insurance Sector in India FREE Ebook
- International Economic Institutions FREE Ebook
- Export-Import Policy Free Ebook
Download FREE Ebooks on QRE (Quantitative Aptitude, Reasoning, English) for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
Download all the ebooks for FREE and enhance your preparation.
Quantitative Aptitude Ebooks
- Download the Free Ebook on Top 50 Quants Questions for IRDAI Assistant Manager
- Top 25 Number Series Questions for RBI Grade B 2023 – Download FREE
- Most Repetitive Quants Questions for RBI Grade B 2023 – Download FREE Ebook
Reasoning Ebooks
- Download the Free Ebook on Top 50 Reasoning Questions for IRDAI Assistant Manager
- Most Repetitive Reasoning Questions for RBI Grade B 2023 – Download FREE Ebook
- Top 25 Puzzle Questions for RBI Grade B 2023: Download FREE
- Top 25 Syllogism Questions for RBI Grade B 2023: Download FREE
English Language Ebooks
- Download the Free Ebook on Top 50 English Questions for IRDAI Assistant Manager
- Most Repetitive English Questions for RBI Grade B 2023 – Download FREE Ebook
- FREE Ebook on Top 25 Subject Verb Agreement Questions for RBI Grade B 2023: Download
- Ebook on Top 20 Para Jumble Questions for RBI Grade B 2023: Download FREE
- Top 100 Idioms & Phrases for RBI Grade B 2023: Download FREE Ebook
- Top 135 One-Word Substitutions for RBI Grade B 2023: Download
Preparing for Regulatory Exams? Need regular updates of CA, Notifications, Free Ebooks, YT Sessions, and More, then Join Our Regulatory Whatsapp Channel.
If you are preparing for Regulatory Exams, then do not forget to check out all the blogs on the regulatory exams. Check Regulatory Exam Blogs.
Get Daily FREE Material for RBI Grade B, NABARD Grade A, SEBI Grade A, IFSCA Grade A, and SIDBI Grade A, IRDAI Assistant Manager – Join Oliveboard’s Regulatory Exam Telegram Channel
Check out all the videos for RBI Grade B, NABARD Grade A, SEBI Grade A, IFSCA Grade A, and SIDBI Grade A, IRDAI Assistant Manager- Subscribe to Oliveboard’s Regulatory Exam Youtube Channel
- Daily Current Affairs for RBI, SEBI, NABARD & IFSCA
- Weekly Current Affairs 2024, Download Free PDF
- RBI Grade B Online Coaching 2024, All RBI Grade B Courses
- RBI Assistant Notification 2024, Check Application Process
- SEBI Grade A Selection Process 2024 for Phase 1 & 2
- SEBI Grade A Syllabus & Exam Pattern 2024, Download PDF
Hello there! I’m a dedicated Government Job aspirant turned passionate writer & content marketer. My blogs are a one-stop destination for accurate and comprehensive information on exams like Regulatory Bodies, Banking, SSC, State PSCs, and more. I’m on a mission to provide you with all the details you need, conveniently in one place. When I’m not writing and marketing, you’ll find me happily experimenting in the kitchen, cooking up delightful treats. Join me on this journey of knowledge and flavors!
Oliveboard Live Courses & Mock Test Series