The RBI Grade B notification for the post of RBI Officer Grade B has been released by Reserve Bank of India on 3rd May, 2017. Every year RBI conducts RBI Grade B Exam to select eligible candidates for the position of Grade B officer in its various branches all across the country. As Reserve Bank of India offers an excellent pay scale and reputed job profile, it lures thousands of candidates every year to take this examination. With a handful of vacancy to be filled through RBI Grade B Exam, it is really important to prepare effectively for this exam.
The Phase-I of the RBI Grade B 2017 Exam was conducted on 17th June 2017. Phase-II of this exam will be conducted on 7th July 2017. RBI Grade B 2017 exam follows a three phase selection process. Candidates who get selected after Phase-II of the exam are further called for interview process. The complete detail of the Exam schedule of RBI Grade B Exam is discussed below:
| Serial Number | Event | Date |
|---|---|---|
| 1. | Release of online application form | 3rd May 2017 |
| 2. | Last date to submit online application form | 23rd May 2017 |
| 3. | Release of Admit card for Phase-I Exam | First week of June 2017 |
| 4. | Commencement of Phase-I exam | 17th June 2017 |
| 5. | Declaration of result of Phase-I exam | End of June 2017 |
| 6. | Release of Admit Card for Phase-II Exam | 2nd july 2017 |
| 7. | Commencement of Phase-II exam | 7th July 2017 |
| 8. | Declaration of result of Phase-II Exam | August 2017 |
| 9. | Interview Process | August 2017 |
| 10. | Declaration of final result | August 2017 |
RBI Grade B 2017 Exam is conducted in three phases:
Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.
RBI Grade B Exam Pattern Prelims
| Serial Number | Section Asked | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|---|
| 1. | General Awareness | 80 | 80 | Composite time of 2 hours |
| 2. | Quantitative Aptitude | 30 | 30 | |
| 3. | English Language | 30 | 30 | |
| 4. | Reasoning | 60 | 60 | |
| Total | 200 | 200 |
RBI Grade B Exam Pattern Mains
| Serial Number | Section Asked | Paper Type | Maximum Marks | Duration |
|---|---|---|---|---|
| 1. | Economics and Social Issues | Objective | 100 | 90 minutes |
| 2. | Finance and Management | Descriptive | 100 | 90 minutes |
| 3. | English (Writing Skills) | Objective | 100 | 90 minutes |
RBI Grade B Officer Interview Process
Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.
Candidates are required to follow the given criteria to be eligible for RBI Grade B 2017 Exam:
Age Criteria: RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam 2017.
Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.
| Category | Age relaxation |
|---|---|
| SC/ST | 5 years |
| OBC | 3 years |
| Physically Handicapped | 10 years |
| PH + OBC | 13 years |
| PH + SC/ST | 15 years |
Educational Qualification: Candidate appearing for the RBI officer examination-2017 must be a graduate from a recognized university or institute. He/Shemust have attained 60% marks in the graduation while the same percentage is reduced to 50% for the candidates belonging to the reserved category. Candidates having Doctorate degree with aggregate 50% marks can also apply for the RBI examination. In addition to this, candidates having masters’ degree with 55% marks will be allowed to apply for the RBI Exam 2017. Candidates having post graduate diploma in management or Masters of Business administration can also apply for the RBI Officer Grade B exam 2017. Chartered Accountant (CA), Company secretary or Cost Accountant can also apply for this examination.
A total of Rs. 850/- is the application fee to be paid by candidates belonging to General and OBC category for RBI Grade B 2017 exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.
The RBI Grade B Admit Card 2017 will be released separately for both Phase-I and Phase-II exam. Admit card for Phase-I Exam will be released in the first week of June. The admit card for Phase-II Exam will be issued to candidates who have qualified the Phase-I exam of RBI Grade B.
The results for RBI Grade B 2017 Exam will be released after the completion of each phase of the exam. A candidate is required to qualify both Phase-I and Phase-II exam to get a chance to sit for the interview process. The merit list is prepared in the descending order of the marks obtained by candidates after the interview process is complete. The final selection is based on how well you do in your interview.