RBI Grade B 2021 Recruitment : Notification, Important Dates, Eligibility, Syllabus, Pattern and More

Apply Online RBI Grade B Officer Exam 2021, Check how to fill rbi form, login, notification, exam date, pattern, syllabus & eligibility details at Safalta.

27 January, 2021

Source: safalta.com
The Reserve Bank of India Services Board conducts RBI Grade B Exam every year to recruit suitable candidates for the post of Grade B officers in RBI. This is a highly revered exam as there is a good salary that is paid and also it has a reputed job profile. Every year there are thousands of candidates who apply for this exam, however because of the number of vacancies and high competition it is only a few who are finally selected to work with RBI. In this article, we have explained every important information abou this exam so that the interested candidates have thorough knowledge about the exam before appearing for it.

RBI Grade B 2021 Notification
RBI has released the notification for recruitment to the posts of RBI Grade B officers. The notification was released as an advertisment. RBI has invited candidates to apply for 322 posts of Officers. It is a golden opportunity for candidates who are aspiring to work with RBI at a highly reputed post. 

RBI Grade B 2021 Exam Important Dates
The important dates for RBI Grade B 2021 Exam are as follows:
Release of Notification 25th January, 2021
Online Application Process Starts 28th January, 2021
Last Date to Apply 15th February, 2021
General-Phase I & DEPR/DSIM Paper I Exam 6th March, 2021
DEPR/DSIM-Paper II & Paper III Exam 31st March, 2021
General Phase II Exam 1st April, 2021
Interview Date To be notified later
Declaration of Final Result To be notified later

RBI Grade B 2021 Exam Vacancies
There are a total of 322 vacancies as mentioned in the notification released by RBI. The division of vacancies amongst different categories is as follows:
Post Number of Vacancies
Officers in Grade 'B'(DR)-General 270
Officers in Grade 'B'(DR)-DEPR 29
Officers in Grade 'B'(DR)-DSIM 23
Total 322

RBI Grade B 2021 Exam Eligibility
The eligibility criterai for RBI Grade B 2021 Exam is as follows:
  • Nationality: Candidate must be a citizen of India or must be a subject of Nepal or must be a subject of Bhutan or must be a Tibetan Refugee who came to India before 1st                              Janaury, 1962 with the intention of permanently settling in India or a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African                                countries  of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of                  permanently settling in India shall also be eligible.
  • Age Limit: Candidate should be between 21 to 30 years of age (both ages included). However there are also relaxation of  certain number of years which is provided to candidates belonging to different categories as follows:            
Category Age Relaxation
SC/ST 5 years
OBC 3 years
Physically Disabled 10 years
Physically Disabled+OBC 13 years
Physically Disabled+SC/ST 15 years
  • Educational Qualifications:   
Post Required Educational Qualification
Officers in Grade 'B' (DR)-General Minimum aggregate of 60% marks (50% in case of SC/ST/PwD candidates) in Bachelor's Degree as well as in 12th and 10th standard Board Examinations
Officers in Grade 'B' (DR)-DEPR A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute OR

PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR

Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.

Officers in Grade 'B' (DR)-DSIM A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years OR
 Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR

M.Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR

Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

RBI Grade B 2021 Exam Pattern

RBI Grade B Exam consists of three phases:
  • Phase-I Exam-Preliminary Exam
  • Phase-II Exam-Mains Exam
  • Interview
Candidates need to clear all the three phases to be finally selected to work with RBI.

RBI Grade B 2021 Preliminary Exam Pattern
The preliminary exam is an objective exam which is of 200 marks and the time duration for the exam is 2 hours. There are four sections in the exam which are as follows:
Section Number of Questions Marks
General Awareness 80 80 
English Laguage 30 30
Quantitative Aptitude 30 30
Reasoning 60 60
Total 200 200

RBI Grade B 2021 Mains Exam Pattern
The candidates who qualify the preliminary exam appear for the mains exam. This exam consists of three papers out of which only English is a descriptive paper. Each paper is of 100 marks.
Section Type of Paper Marks Duration
Economics and Social Issues Objective 100 90 minutes
English Descriptive (This is an online exam where the candidate has to type the answers with the help of a keyboard) 100 90 minutes
Finance and Management Objective 100 90 minutes
Total   300 270 minutes

RBI Grade B Exam 2021 Interview
Candidates are shortlisted on the basis of the marks they obtain in Phase-I and Phase-II Exam and thereafter, are called for the Interview. Interview carries 50 marks.

RBI Grade B Exam 2021 Syllabus
RBI Grade B Phase-I Exam has the following syllabus for the different sections:
English General Awareness Quantitative Aptitude Reasoning
Error Detection
Sentence Formation
Jumble Words
Fill in The Blanks
Current Affairs
Static General Knowledge
Banking and FInacial Awareness
Economic Terms and News
Government Schemes and Plans
Ratio and Proportion
Time and Work
Speed and Distance
Mixture and Alligation
Data Interpretation
Sitting Arrangement
Blood Relations
Direction and Distance 
Order and Ranking
Arrangement and Pattern

RBI Grade B Exam 2021-Application Process
Interested candidates can apply for this exam from 28th January, 2021 to 15th February, 2021 on the official website of RBI.
The Application fee is Rs. 850 for candidates belonging to General and OBC category and Rs. 100 for candidates belonging to SC/ST and PwD categories.


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