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RBI Grade B 2023 Notification Out, Exam Dates, Eligibility, Pattern, Syllabus, Exam Dates

Last updated on 11-May-2023

About the Reserve Bank of India (RBI) 

RBI Grade B 2023 Detailed Notification has been released on 9th May 2023. Reserve Bank of India (RBI), the country's central bank was established in 1935. Although it was formerly privately owned, since its nationalization in 1949, the RBI is wholly owned by the Government of India. It is responsible for currency issuance and circulation, maintaining financial stability, and managing government accounts.  

7 Major Functions of the Reserve Bank of India (RBI)

Before moving on to the RBI Grade B Recruitment, one must note about the major functions of RBI.

  1. The sole issuer of all currency notes except one rupee note
  2. Banker to the Government
  3. Custodian of cash reserves of commercial banks
  4. Custodian of the country's foreign currency reserves
  5. Lender of last resort
  6. Central Clearance and accounts settlement
  7. Controller of credit

RBI Grade B Exam Overview

In light of what RBI stands for, if you wish to work for it, the RBI Grade B exam can lead you there. Each year, RBI holds an exam to recruit officers to its Manager cadre, also referred to as RBI Grade B officers.

RBI Grade B 2023 Exam Overview

The RBI Grade B exam detailed notification for the year 2023 is out on 9th May 2023. Candidates must note that the short notification was out in newspapers on 26th April 2023 and the detailed notification is out on the official website of RBI. We will help you get a brief overview of what all the RBI Grade B Notification pertains to. Please have a look at the table given below:  

Download RBI Grade B 2023 Detailed Notification

Download RBI Grade B 2023 Short Notification

For RBI Grade B Officers (DR)  
ParticularsDetails
Name of the ExamRBI Grade B 
Exam Conducting BodyReserve Bank of India 
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
Vacancies for Grade B Officers (DR) 291 (Total)
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPhase 1 (Prelims), Phase 2 (Mains), Interview
Official Websitehttps://opportunities.rbi.org.in/Scripts/Vacancies.aspx
Maximum Number of Attempts6 for a General Category Candidate (If you have attempted the Phase 1 exam 6 times, then you are not eligible)
Online Registration Start Date9th May 2023
Last Date to Apply 9th June 2023
Phase 1 Exam Date for Grade B 9th July 2023 (General)
16th July 2023 (DEPR, DSIM)
Phase 2 Exam Date for Grade B 30th July 2023 (General)
2nd September 2023 (DEPR)
19th August 2023 (DSIM)
Eligibility - Age Limit 21 to 30 Years
Eligibility - EducationGraduation in any discipline with a minimum of 60% marks for General candidate or  Post Graduation in any discipline with a minimum of 55% marks.
Application FeeRs 850 for General Category Candidate

This was a brief overview of the RBI Grade B 2023 exam. You should definitely take a look at our comprehensive courses for your RBI Grade B preparation in 2023 

RBI Grade B 2022 Exam Overview

Here is a brief overview of what all the RBI Grade B 2022 notifications pertained to. Please have a look at the table given below:  

For RBI Grade B Officers (DR) General
ParticularsDetails
Name of the ExamRBI Grade B 2022
Exam Conducting BodyReserve Bank of India 
Exam CategoryRegulatory Body Exam
Exam LevelNational
Exam ModeOnline
Vacancies for Grade B Officers (DR) for Generalist Post238
Language of ExamEnglish and Hindi
PeriodicityOnce a Year
Selection ProcessPhase 1 (Prelims), Phase 2 (Mains), Interview
Official Websitehttps://opportunities.rbi.org.in/Scripts/Vacancies.aspx
Maximum Number of Attempts

6 for a General Category Candidate

(If you have attempted the Phase 1 exam 6 times, then you are not eligible.)

Online Registration Start Date28th March 2022
Last Date to Apply 18th of April 2022 till 6 PM
Phase 1 Exam Date for Grade B (DR) General28th May 2022
Phase 2 Exam Date for Grade B (DR) General25thcandidates June 2022
Eligibility - Age Limit 

21 to 30 Years as of 1st January 2022 

(Candidate should not have been born before 2nd Jan 1992 and not after 1st Jan 2001.

Eligibility - EducationGraduation in any discipline with a minimum of 60% marks for General candidate or  Post Graduation in any discipline with a minimum of 55% marks.
Application Fee Rs 850 for General Category Candidate

This was a brief overview of the RBI Grade B 2022 exam. 

RBI Grade B Course - Online Coaching

We at Oliveboard have put together the RBI Grade B online complete plan to help those looking to ace the upcoming RBI Grade B exam. Our RBI Grade B online coaching will be your one-stop shop for your preparation needs.

Take a look at the course offerings here: 

  • ESI & FM Foundation LIVE Classes 
  • ESI & FM Video Lessons
  • ESI & FM Study Notes
  • ESI & FM Revision Sheets
  • RBI BOLT for Phase 1 GA
  • Descriptive Mock Tests with Expert Evaluation
  • ESI & FM Topic Tests
  • Descriptive Answer Writing Platform
  • Current Affairs Capsules for Phase 2
  • Descriptive English Preparation
  • Model Descriptive Answers
  • Objective Mock Tests for Phase 1 & Phase 2
  • Interview Preparation

You can log in to access the RBI Grade B free study material available in our RBI Grade B Online Course
Attempt RBI Grade B Mock Test for free.

Also, check out the below given related links
 

Exam Date

Phase 1 - 9th July 2023 (General), Phase 2 - 30th July 2023 (General)

Total Vacancies

Total - 291, RBI Grade B Generalist - 222, DEPR - 38, DSIM - 31

Find the Right Plan

Flexible pricing options for all the aspirants

FAQs

Q. What is the selection procedure followed for RBI Grade B exam?

A. The RBI Grade B exam is conducted in three stages: Phase I (Prelims), Phase 2 (Mains), and the Interview round.

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

A. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).

Q. What is the age criteria for RBI Grade B? +

A. The minimum age to apply for the RBI Grade B officer exam is 21 years. You should have completed 21 years of age as of the 1st of May 2023. Your birth date should not be after 1st May 1993.

The maximum age to apply for the RBI Grade B officer exam is 30 years of age. This means you should not be 30 years of age. As per the RBI Grade B 2023 notification pdf, your birth date should not be prior to 2nd May 2002.

(The candidate should not have been born before 1st May 1993. and not after 2nd May 2002.)

Q. What are the RBI Grade B exam dates? +

A. The RBI Grade B Exam Dates for 2023 have been released. RBI Grade B Phase 1 exam will be held on
9th July 2023 (General)
16th July 2023 (DEPR, DSIM)
RBI Grade B Phase 2 will be held on the following dates for the following posts:
30th July 2023 (General)
2nd September 2023 (DEPR)
19th August 2023 (DSIM)

Q. Will there be RBI Grade B exam in 2023? +

A. Yes, the RBI Grade B exam will be conducted in 2023. RBI Grade B Phase 1 exam will be held on 9th July 2023 (General)
and on 16th July 2023 (DEPR, DSIM) and RBI Grade B Phase 2 will be held on the following dates for following posts:
30th July 2023 (General)
2nd September 2023 (DEPR)
19th August 2023 (DSIM)

Q. Can final year students apply for RBI Grade B exam 2023? +

A. No, the final year students cannot apply for the RBI Grade B exam. You need to complete your graduation and get a degree certificate in order to apply for the RBI Grade B exam. For RBI Grade B 2023, as of the 1st of May 2023, you should hold the minimum education criteria given in the notification.

Q. How many times can I attempt RBI Grade B exam? +

A. If you are a general category candidate, you have 6 attempts, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates. By 6 attempts, it means you should have taken the RBI Grade B Phase 1 exam 6 times. If you have already taken the RBI Grade B Phase 1 exam 6 times, then you are not eligible to apply.

Q. Is there any negative marking in RBI Grade B exam? +

A. Yes, there is negative marking in Phase 1 of the RBI Grade B exam. There is a negative marking of 0.25 marks for every incorrect answer in RBI Grade B Phase 1.

Q. Does RBI Grade B exam happens every year? +

A. Yes. The RBI Grade B exam happens every year barring a few years. It was conducted in the years 2014, 2015, 2016, 2017, 2018. 2019, 2021. RBI Grade B exam was not conducted in the year 2020. The RBI Grade B 2022 notification got out on the 28th March 2022. The RBI Grade B 2023 Detailed Notification is out on 9th May 2023 and the short notice had been released on 26th April 2023.

Q. What is the Application Fee for RBI Grade B 2023 Exam? +

Expected Application fee for the RBI Grade B is as follows:
For GEN/OBC/EWSs - Rs 850 + 18% GST
For SC/ST/PwBD - Rs 100 + 18% GST
For RBI Staff - Nil.
There will be no application fee for the RBI staff.

Q. How is Oliveboard's Course for RBI Grade B exam preparation? +

A. Oliveboard's RBI Grade B online course is at present the best course for your preparation.
The course is curated by Riti Maám and this course covers all your preparation needs:
ESI & FM Video Lessons, LIVE Revision Classes, Descriptive Mock Tests with Expert Evaluation, ESI & FM Topic Tests, Descriptive Ans-Writing Platform, ESI & FM Study Notes, Current Affairs Capsules, Descriptive English Preparation, Model Descriptive Answers, Objective Mock Tests, Interview Preparation and much more.
Toppers have trusted and so can you!

Q. Do I need a minimum of 60% criteria in my 10th and 12th class in order to apply for the RBI Grade B exam? +

A. No, your 10th and 12th class/standard marks/percentage do not matter. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).

Q. Are the RBI Grade B 2023 Phase 1 Admit Cards/Call Letters Out? +

A. No, the call letters for RBI Grade B 2023 Phase 1 exam are not out. It will be out on the RBI website along with the information handout soon.

When will RBI Grade B Notification 2023 be released? +

RBI Grade B Notification 2023 has been uploaded on the official website on 9th May 2023. However, the short notice was out on 26th April 2023.

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