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RBI Grade B Exam

About RBI Grade B Exam 

The Reserve Bank of India (RBI), India's central banking institution, was established in the year 1935. Though formerly privately owned, since nationalization in 1945, RBI is wholly owned by the Government of India.

RBI conducts the RBI Grade B examination to recruit Grade B Officers in RBI. Grade B Officers are responsible for currency issue and circulation, maintaining financial stability and managing government accounts.

RBI Grade B Notification

The official notification for RBI Grade B 2021 was released on 28th January 2021. Every year the Reserve Bank of India notifies about the vacancies for Direct Recruitment for the Posts of Officer in Grade B (DR) (GENERAL), Officers in Grade B (DR) (DEPR) and Officers in Grade B (DR) (DSIM). A total of 322 vacancies have been announced this year.

RBI conducts Grade B exam every year, and the last recruitment notification was announced for 322 vacancies. The recruitment notification for 2022 is yet to be announced and is expected to be announced soon.

RBI Grade B Exam Dates

The important exam dates for RBI Grade B Recruitment 2022 will be released along with the notification. 

StagesExam Dates (Tentative)
Online Registrations BeginsTo be announced soon
Online Registrations EndsTo be announced soon
RBI Grade B Phase 1To be announced soon
RBI Grade B Phase 2To be announced soon

RBI Grade B Mock Test Series

RBI Grade B Mock Test Series has the following features:

  • 10 RBI Grade B Phase-1 Mock Tests with Solutions
  • 30 Objective Mock Tests for Phase 2 (15 - ESI & 15 - FM)
  • 6 Descriptive Tests for Phase-2 (3 - ESI & 3 – FM)
  • Topic-Tests for each chapter of ESI & FM (1 Markers & 2 Markers)

RBI Grade B Eligibility Criteria

Candidates, intending to apply for RBI Grade B Recruitment should ensure that they fulfil the minimum eligibility criteria as specified by RBI in their advertisement.

The eligibility criteria for RBI Grade B Recruitment is as follows

Age Criteria

  • Minimum Age: 21 Years
    Maximum Age: 30 years

(For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.)

  • Category-wise Age relaxations:
  • SC/ST: 5 years
  • OBC: 3 years
  • Ex-employees of banking institutions: 5 years
  • Candidates who had been domiciled in the State of Jammu and Kashmir during the period from the 1st January, 1980 to the 31st day of December, 1989: 5 years
  • Ex-servicemen: 5 years
  • ECOs/SSCOs: 5 years
  • Persons with disabilities: 10 years

For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years.

Educational Qualifications

Officers in RBI Grade B (DR) - (General)

  • A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree.
  • The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years

RBI Grade B Vacancy - Details

Vacancies for the RBI Grade B exam 2022 will be announced soon. As there was no exam conducted on 2020, the last exam was conducted in 2021, and a total 322 vacancies were announced.

RBI Grade B Application Process

The application form has five sections. Filling up the RBI Grade B officer application form involves the following steps-

Prerequisites for Applying Online

  • Scanned Passport size Photograph (as per given guidelines)
  • Scanned copy of Signature
    Documents related to address proof, educational qualification, etc.

Application Fees/ Intimation Charges

  • Rs 850-/ General/OBC
  • Rs 100-/ SC/ST/PWD

Step to Apply for RBI Grade B Exam

  • Step 1: Visit RBI official page
  • Step 2: click on the notification that says ‘RBI Grade B Officer Application Form released’. You will be redirected to a new page for online registration.
  • Step 3: Select ‘Click here for New Registration’.
  • Step 4 Fill in the requested basic details- name, address, age, contact number and email id etc. After you have entered all the details click on ‘Save and Next’. After the completion of registration process, a registration number and a password will be displayed on the screen. Candidates are requested to save/note down the password and registration number for future use.
  • Step 5: Upload the photograph and signature (as per the instructions specified in the notification pdf).
  • Step 6: Enter details of his/her educational background - qualifications (High school/Graduation etc), marks/grade (as per the marksheet), and work experience (if any).
  • Step 7: Validate all the information/details uploaded in the form. Candidates are required to carefully preview the application form and check for any error. This is crucial because you will not be allowed to make further changes once you click on the Step 8: Click on ‘Save’ button.
  • Step 9: Fees payment of application form. The payment has to be made online through net banking/debit card/credit card. Your application form will be considered ‘submitted’ only after the payment of application fee.
  • The candidate will receive an email or a text message as a notification alert upon successful submission of the application form. Get a printout of the payment details and application form. Candidates can download RBI Grade-B admit cards/hall tickets 10 days prior to the scheduled Preliminary exam date.

RBI Grade B Admit Card

Candidates will have to visit the official RBI website for downloading call letters for RBI Grade B online examination. Intimation for downloading call letter will also be sent through email/SMS.

The candidate is required to use (i) Registration Number/Roll Number, (ii) Password/Date of Birth for downloading the call letter.

RBI Grade B Syllabus

RBI Grade B Prelims Syllabus

Quantitative Aptitude

ta Interpretation, Number Series, Quadratic Equations, Data Sufficiency, Problems on Ages, Partnerships, Mensuration, Ratio & Proportion, Percentages, Profit & Loss, Averages, Mixtures & Alligation, Simple Interest & Compound Interest, Work & Time, Time, Speed & Distance


Seating Arrangement, Syllogisms, Input-Output, Coding-Decoding, Alphanumeric Series, Ranking/Direction/OrderAlphabet Test, Coded Inequalities, Puzzles, Logical Reasoning, Blood Relations, Data Sufficiency.

English Language

Reading Comprehension, Cloze Test, Error Spotting, Para Jumbles, Fill in the Blanks, Sentence Improvement, Phrase Replacement, Antonyms Synonyms, Idioms and Phrases, One-Word Substitution.

General Awareness

Banking and Financial Awareness, Static General Knowledge, Current Affairs

RBI Grade B Mains Syllabus

Economic and Social Issues

Growth and Development, Measurement of growth: National Income and per capita income, Poverty Alleviation and Employment Generation in India, Sustainable Development and Environmental issues, Economic Reforms in India, Industrial and Labour Policy, Monetary and Fiscal Policy, Privatization, Role of Economic Planning, Globalization, Opening up of the Indian Economy, Balance of Payments, Export-Import Policy, International Economic Institutions, IMF and World Bank, WTO, Regional Economic Cooperation, Social Structure in India, Multiculturalism, Demographic Trends, Urbanization and Migration, Gender Issues, Social Justice: Positive Discrimination in favor of the underprivileged, Social Movements, Indian Political System, Human Development, Social Sectors in India, Health and Education

English Writing Skills

Essay writing, letter writing etc.

Finance and Management

Financial System

Regulators of Banks and Financial Institutions, Reserve Bank of India- functions, and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB

Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), Functions, instruments, recent developments

General Topics

Risk Management in Banking Sector, Basics of Derivatives: Forward, Futures and Swap, Changing Landscape of Banking Sector, Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments, Financial Inclusion- use of technology, Alternate source of finance, private and social cost-benefit, Public-Private Partnership, Corporate Governance in the Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector, The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM), Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends

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What are the phases in the Selection Process for RBI Grade B?

The Grade B Exam is conducted in three stages namely Phase I, Phase 2, and the Interview round.

What is the minimum qualification required for RBI Grade B? +

A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree.

What is the age criteria for RBI Grade B? +

Minimum Age: 21 Years and Maximum Age: 30 years

When is RBI Grade B exam date? +

The important exam dates for RBI Grade B Recruitment is yet to be announced and will be released along with the notification.

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