RBI Grade B Officers Recruitment 2018 : Frequently Asked Questions

RBI Grade B Officers Recruitment 2018 : Frequently Asked Questions

Here, we are going to share Some Frequently Asked Questions regarding the notificationof RBI Grade B Officer Recruitment 2018. RBI has released notification for the direct recruitment of total 161 vacancies of Grade B officers that it is going to fill this year. RBI has issued this notification for the following posts :
  1. Officers in Grade B (DR) – General
  2. Officers in Gr B (DR) – (Economics and Policy Research Department, DEPR)
  3. Officers in Gr B (DR) – (Statistics and Information Management Department, DSIM)

Important Dates of RBI Grade B Officer recruitment 2018?


Given below are the important RBI Grade B exam date - 
EventDates
Official Notification, Online Registration and Fees Payment for RBI Grade - B General (DR)03.07.2018 to 23.07.2018
RBI Grade - B General Phase-I Exam16.08.2018
RBI Grade - B General Phase-II Exam07.09.2018
RBI Grade B (DR) DEPR Paper I16.08.2018
RBI Grade B (DR) DEPR Paper II & III06.09.2018/ 07.09.2018
RBI Grade B (DR) DISM Paper I16.08.2018
RBI Grade B (DR) DISM Paper II & III06.09.2018/ 07.09.2018
Don't forget to read about the RBI Grade B selection process and the RBI Grade B syllabus as it will help you know more about the exam.

For how many vacancies RBI has released this notification this year?


Given below are the RBI Grade B Vacancy that was recently released-
Name of Post
Number of Vacancies
GeneralOBCSCSTTotal
Officers in Grade 'B' (DR) - (General)64332010127
Officers in Grade 'B' (DR) - DEPR1164122
Officers in Grade 'B' (DR) - DSIM112(1)*3#17
  • (*): Backlog vacancies
  • (#): includes 2 backlog vacancies

What is the age eligibility criteria for posts under RBI Grade B Officer recruitment 2018 ?



  • Minimum age of the candidate should be 21 years and the maximum age should be 30 years as on 1st July 2018. 
  • For candidates possessing M. Phil and PhD qualifications, the minimum age limit is 32 years and the maximum age limit is 34 years.

What is the educational eligibility criteria for posts of  Officers in Grade 'B' (DR) (General) under RBI Grade B Officer recruitment 2018 ?



  • Candidate must possess a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations. Aggregate for all years/ semesters will be considered for minimum qualifying percentage or an equivalent grade for the Bachelor’s degree. 

What is the educational eligibility criteria for posts of Officers in Gr B (DR)  ( Economics and Policy Research Deapartment, DEPR) under RBI Grade B Officer recruitment 2018 ?


Candidate must possess 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 recognized Indian or Foreign University /Institute.

What is the educational eligibility criteria for posts of Officers in Gr B (DR) (Statistics and Information Management Deaprtment) under RBI Grade B Officer recruitment 2018 ?


  • 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 a 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.
NOTE: For SC, ST and PWD candidates, the minimum marks required in Master's Degree as in items a, b, c and d above is 50% or an equivalent grade in aggregate of all semesters/ years.

My university/college does not award marks/result in percentage , and it allots aggregate grade points such as CGPA/OGPA/CPI, etc. In this case , how should I calculate my marks in percentage value ?


Some Universities/Colleges do not award Class or percentage of marks and allot Aggregate Grade Points in form of CGPA/OGPA/CPI, etc. If your University/college defines criteria for conversion of aggregate Grade Point into percentage of marks, then the same will be accepted. But ,if your University/ college does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, then you can convert your Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10 point scale in to percentage as per the following table :

Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10 point scale
Aggregate Percentage of Marks
6.75
60%
6.25
55%
5.75
50%

I am in final year of my graduation, am I eligible to apply for this Recruitment?


No , you are not eligible . To apply for Officer Grade B , General a candidate must have completed his/her graduation as on 1st may , 2018.  To apply for Officers in Gr B (DR) – ( Economics and Policy Research Department, DEPR)   and Officers in Gr B (DR) – ( Economics and Policy Research Deapartment, DEPR)  , a candidate must have completed his/her post graduation ( in the mentioned subjects only) as on 1st may , 2018.


What is the Application fee for RBI Grade B Officer Recruitment 2018?


RBI Grade B Recruitment 2018 - Application Fees
S. No.CategoryApplication Fees
1.GEN/OBCRs. 850/-
2.SC/ST/PWDRs. 100/-
3.StaffNil

How many times I can appear for this RBI Grade B officer Exam ? 


Candidates belonging to General category can appear for maximum six times in this exam. It means if you have already given the phase 1 examination for the posts under this recruitment six times earlier , then you are not eligible to apply for this exam seventh time. There is no such limit on number of attempts for candidates belonging to SC/ST/OBC/PWD for this exam.

What is the salary structure of the posts under this recruitment?


Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs. 75,831/-(approx.)

How many total phases are there in this exam ?


There are total three phases under this RBI Grade B Officer recruitment 2018, which are: 
1.Phase 1 online examination
2.Phase 2 online examination
3.Interview

What is the structure of Phase 1 online Examination  for posts of  Officers in Grade 'B' (DR) (General)  ?


The phase 1 exam for this recruitment is an online exam of total 200 marks. A total time of 120 minutes will be given to answer all the questions. The phase 1 online exam will consist of following four sections :
i)General Awareness
ii) English Language
iii) Quantitative Aptitude
iv) Reasoning
Candidates have to secure sectional cutoff in each section as well as overall cutoff  in this phase  1 to be shortlisted for the phase 2 of this recruitment-

Name of Subject
Number Of questions
Total Marks
Total Time
General awareness
80
80
120 Minutes
Reasoning
60
60
Quantative Aptitude
30
30
English
30
30
Total
200
200

What is the structure of Phase 1 online Examination for posts of Officers in Gr B (DR) – (Economics and Policy Research Department, DEPR)   and Officers in Gr B (DR) (Statistics and Information Management Department , DSIM) 


For these two posts under this recruitment , the Phase 1 will consist of only Paper I (on Economics) that will Objective Type to be held on June 17, 2018 . This paper 1 is of total 100 marks and 120 minutes will be given to answer all questions.


What is the structure of Phase 2 online Examination for  posts of  Officers in Grade 'B' (DR) (General) ?


Phase 2 online examination will be in shifts. It is compulsory for a candidate to appear in all the shifts of this phase. This Phase 2 online exam is of total 300 marks . Refer to the following table to have a look on the structure of phase 2 online exam :

Name of paper
Type of paper
Total time (minutes)
Total Marks
Paper-I: Economic and Social Issues
Objective Type
90
100
Paper II: English
(Writing Skills)
Descriptive, to be typed with the help of the keyboard
90
100
Paper-III: Finance and Management
Objective type
90
100

What is the structure of Phase 1 online Examination  for posts of  Officers in Gr B (DR) – ( Economics and Policy Research Department, DEPR)   and Officers in Gr B (DR) (Statistics and Information Management Department , DSIM)  ?


Paper
Total time
Total marks
Paper-II Descriptive Type
(on Economics) (Question paper displayed on computer, answers to be written on paper)
180 minutes
100
Paper-III English
Descriptive (To be typed with help of keyboard)
90 minutes
100
200

For Details regarding the RBI Grade B Exam Pattern, click on the following link!

Complete RBI Grade B Exam Pattern & Syllabus 2018

You need to pass the sectional, as well as the overall RBI Grade B cut off to go to pass through the different stages of the RBI Grade B selection process.

For any doubts and queries regarding the RBI Grade B Recruitment then you can share them on our active social platform.

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