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RBI Grade B DEPR Notification 2024, Apply, Exam Dates

Last updated on 21-May-2024

RBI Grade B DEPR Notification 2024

RBI Grade B DEPR Notification 2024 will be released soon on the official website. The vacancies for DEPR are released along with the Generalist & DSIM posts. It is expected that the notification for DEPR will be out in April 2024. As the notification is not yet out, the aspirants must utilize the extra time they have now for the efficient preparation. Go through the complete blog to know more details on RBI Grade B DEPR 2024.

RBI Grade B DEPR Notification

DEPR stands for Department of Economic and Policy Research and every year, RBI releases few vacancies for this post along with the Generalist and DSIM posts. The candidates must start applying for RBI Grade B DEPR Notification as soon as the application opens. As the RBI Grade B DEPR Notification 2024 is not yet out, the candidates must check out the previous year's notification for reference.

RBI Grade B DEPR Notification 2024 - Overview

We have tried to help you get a brief overview of what all the RBI Grade B DEPR 2024 notification will pertain to. Please have a look at the table given below:  

ParticularsDetails
Name of the ExamRBI Grade B DEPR 2024
Exam Conducting BodyReserve Bank of India 
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
RBI Grade B DEPR VacanciesTo be Updated
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPhase 1, Phase 2 and Interview
Maximum Number of Attempts6 for a General Category Candidate
(If you have attempted the Phase 1 exam 6 times, then you are not eligible)
Application Fee (Expected)Rs. 850 for General Category Candidate
Rs. 100 for ST/SC/PWD

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RBI Grade B DEPR Notification PDF 2024

As of now the RBI Grade B DEPR Notification PDF is not released, till then, you can download the RBI Grade B DEPR Notification for previous year from the direct link given below.

Download RBI Grade B DEPR Notification PDF (Previous Year)

RBI Grade B DEPR Vacancy 2024

The RBI Grade B DEPR Vacancy has not been released yet. It is expected to be released soon and we will update it here as and when out.

CategoryRBI Grade B DEPR Vacancy 2024
UnreservedTo be Updated
OBCTo be Updated
SCTo be Updated
STTo be Updated
EWSTo be Updated
Total To be Updated
PWBDTo be Updated

RBI Grade B DEPR 2024 - Important Dates

The RBI Grade B DEPR Exam Dates for Phase 1 and Phase 2 will be announced in the official notification along with the registration start and end date. Please take a look at all the RBI Grade B DEPR 2024 Important Dates:

EventsImportant Dates
RBI Grade B DEPR Online Registration BeginsTo be Updated
RBI Grade B DEPR Last Date to Apply To be Updated
RBI Grade B DEPR Phase 1 Exam DateTo be Updated
RBI Grade B DEPR Phase 2 Exam DateTo be Updated
RBI Grade B DEPR Interview Exam DateTo be Updated

RBI Grade B DEPR Eligibility Criteria 2024

Before applying, you should ensure that you fulfill the RBI Grade B DEPR Eligibility criteria. This is important because the candidate who does not fulfill the eligibility may be disqualified at any stage of the RBI Grade B DEPR Selection Process, if found ineligible.

RBI Grade B DEPR Age Limit

The candidate must be between 21 and 30 years of age. There will be a reference date for the calculation of RBI Grade B DEPR Age limit which will be notified soon in the official notification.

RBI Grade B DEPR Age Limit - Relaxation

Certain relaxations have been provided to certain categories. Check out the detailed RBI Grade B DEPR Age relaxation criteria below:

Category Age Relaxation
OBC 3 years
1. SC/ST 
2. Ex-servicemen & Ex-bank employees
3. Emergency Commissioned Officers/Short Service Commissioned
Officers
4. Children/family members of victims died in the 1984 riots
5 years
PWBD 
1. General
2. OBC
3. SC/ST
10 years
13 years
15 years
Candidates with :
1. M.PhiI Degree
2. Master's Degree with Research/Teaching experience
3. Doctorate Degree 
2 years
3 years
4 years

RBI Grade B DEPR Educational Qualification

Below is the detailed RBI Grade B DEPR Educational Qualification required:

  • A 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, Industrial Economics) OR
  • 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).

RBI Grade B DEPR Apply Online 2024

Candidates must apply only online through the Bank's website i.e. www.rbi.org.in within the application window. No other means/mode of applications will be accepted. Click on the link below to apply for RBI Grade B DEPR 2024.

RBI Grade B DEPR Apply Online Link 2024 (Link Inactive)

RBI Grade B DEPR Apply Online Steps

Step 1: Visit the URL "Recruitment for the post of "Officers in Gr.'B' (DR) General/DEPR/DSIM" on the Bank's website i.e., www.rbi.org.in > Opportunities @RBI > Current Vacancies > Vacancies and click on the hyperlink "Online Application Form" in the advertisement page for filling the ‘Online Application'.
Step 2: To register for the application, choose the tab "Click here for New Registration" and enter your Name, Contact details, and Email-id. A Provisional Registration Number and Password will be generated and displayed on the screen. Note down the details. An email and SMS will be sent to your registered email and phone number.
Step 3: After registration, login and enter your basic details and upload the photograph, signature, left thumb impression, and a hand-written declaration in the online application form as per the specifications given. 
Step 4: Preview your application and verify the entire application form before final submit. 
Step 5: Click on the 'Submit' button. 

RBI Grade B DEPR Application Fee

The category-wise RBI Grade B DEPR Application Fee is mentioned below :

Sr.No.CategoryChargesAmount
1.SC/ST/PwBDIntimation Charges only₹ 100/- + 18% GST
2.GEN/OBC/EWSsApplication fee including intimation charges₹ 850/- + 18% GST
3.STAFFNilNil

RBI Grade B DEPR Exam Pattern 2024

Knowing the exam pattern will help you understand what to study and the type of questions asked. The RBI Grade B DEPR Exam Pattern 2024 is given below :

 Name of PaperDurationMaximum Marks
Phase 1Paper-I Objective Type (on Economics)
Paper - II Descriptive (English) (Type on Keyboard)
120 minutes each100 marks each
Phase 2Paper-I Descriptive Type (on Economics) 
(Question paper displayed on a computer, answers to be written on paper) 
Paper-II Descriptive Type (on Economics) 
(Question paper displayed on a computer, answers to be written on paper) 
120 minutes each 100 marks each
Total--400

RBI Grade B DEPR Syllabus 2024

The RBI Grade B DEPR Syllabus is divided into different phases and different papers so we have bifurcated all of them in the table below:

PhasesRBI Grade B DEPR Syllabus
Phase 1 Paper 1 Objective Type on Economics(1) Microeconomics (Theories of consumer's demand; Production; Market Structures and Pricing; Distribution; and Welfare Economics)
(2) Macro Economics (Theories of Employment, Output and Inflation; Monetary Economics; ISLM Model; Schools of Economic Thought)
(3) International Economics (Theories of International Trade; Balance of Payments; Exchange Rate Models)
(4) Theories of Economic Growth and Development (Classical neo-classical approaches to economic growth and major theories of economic development)
(5) Public Finance (Theories of taxation and public expenditure and Public Debt Management)
(6) Environmental Economics (Green GDP, Environmental Valuation, Environmental policy instruments)
(7) Quantitative Methods in Economics (Mathematical and Statistical Methods for Economics, Ordinary Least Square Regression)
(8) Current developments in Indian Economy (Growth, inflation, poverty, unemployment, financial sector developments, external sector developments, fiscal developments, agriculture, industry, infrastructure, and services)
Phase I Paper II Descriptive Type (on English)Will assess the writing skills including expression and understanding of the topic
Phase II Paper I Descriptive Type (on Economics)Microeconomic Module
Consumer Theory: Cardinal and Marginal Utility Analysis, Consumer Surplus, Indifference Curve Analysis, Price, Income and Substitution Effects, Game Theory
Production Theory: Forms of Production function; Laws of Returns to Scale; Partial Equilibrium Vs General Equilibrium Analysis
Market Theory: Pricing under different market structures
Distribution Theories: Ricardo, Marx, Kalecki and Kaldor
Welfare Economics: Pareto Optimality, Schools of Welfare Thought including Arrow, Coase and Sen
Macroeconomic Module
National Income Accounting: Various methods for measurement of National Income
Theory of employment and Output: Classical and Neo-classical approaches, Keynesian theory of Employment and output, Post-Keynesian developments, Business Cycles
Inflation: Types of Inflation, Philip's curve, Taylor's Rule, Lucas Critique
Money and Banking: Quantity theory of Money, Neutrality of money, IS - LM Model and AD-AS Models, Money Multiplier, Monetary Policy – Scope, Objectives and instruments, Inflation targeting
Theories of Economic Growth and Development: Theories of growth, Classical and neoclassical approaches, Theories of Economic Development
International trade and Balance of payments: Theories of international trade, Determination of exchange rates, Impossible Trinity
Public Finance: Theories of taxation, Theories of public expenditure, Theories of public debt management
Phase II Paper II Descriptive Type (on Economics)Module on Quantitative Methods in Economics
• Mathematical Methods in Economics: Differentiation and Integration, Optimisation, Sets, Matrices, Linear algebra and Linear programming
• Statistical Methods in Economics: Measures of central tendency and dispersions, Probability, Time series, Index numbers.
• Econometrics and advanced Applications: Regression analysis, Panel data econometrics, Time Series econometrics, Basics of Bayesian Econometrics, Basic application of Artificial Intelligence/ Machine Learning
Module on Indian Economy – Policy and Trends
• Fiscal policy in India: Evolution, scope and limitations, current trends
• Monetary Policy in India: Evolution, Functions of the Reserve Bank of India, Monetary Fiscal coordination, Inflation targeting, Operating framework of Monetary Policy, Current trends
• Banking and financial sector development in India: Banks and other constituents of Indian financial markets and related developments, Current trends
• Inflation in India: Trends and drivers
• External sector developments in India: Exchange rate management, external debt, Balance of payments, Current trends
• Sectoral and other developments in India: Agriculture, industry, services and social sector-related developments

RBI Grade B DEPR Cut Off 2024

RBI Grade B DEPR Cut-off 2024 will be announced along with the results after the conduction of the exam. Knowledge about Cut off will help you understand the level of questions asked in the exam and plan your preparation accordingly. Check the Previous Years' Cut off below.

RBI Grade B DEPR Cut Off (2023)

For the last cycle, below is the RBI Grade B DEPR Cut Off in detail.

Recruitment StageUROBCSCSTEWSPwBD
Aggregate Cut off marks in Phase 1 (Paper 1 & 2) Out of total 200 marks112.00102.0098.0098.00112.0098.00
Aggregate cut-off marks in Phase 1 & Phase 2 taken together in the written examination for shortlisting the candidates for interview (Out of a total of 400 marks). 254.17234.50226.17226.17254.17226.17
(No candidate shortlisted for interview phase)
Aggregate cut-off marks in Phase 1, Phase 2 & Interview taken together (Out of a total of 475 marks)322.00293.17275.17258.17301.67No candidate shortlisted for interview phase

Exam Date

To be Updated

Total Vacancies

To be Updated

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FAQs

Q. How many vacancies are there as per RBI Grade B DEPR Notification 2024?

A. The vacancies have not been released yet. We will update the RBI Grade B DEPR Vacancies as and when out.

Q. What is the work of RBI DEPR officer? +

A. The job requirements primarily include undertaking economic analysis and research and contributing to policy formulation, apart from the compilation of data relating to select sectors.

Q. What is the salary of RBI DEPR officer? +

A. At present, the initial monthly gross emoluments are 1,16,914/- (approximately) without HRA.

Q. What is the full form of DEPR? +

A. DEPR stands for Department of Economic and Policy Research. RBI recruits Grade B officers for this department every year.

Q. What are educational qualifications for an RBI Grade B DEPR officer? +

A. a. A Master's Degree in Economics
or
A Master's Degree in Finance
or
PGDM/MBA with specialization in Economics / Finance

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