The Reserve Bank of India (RBI) has released the official notification for the recruitment of Grade B Officers for the year 2024. This prestigious position offers a significant career opportunity for aspirants in the banking sector. Below is a comprehensive guide covering all aspects of the recruitment process, including eligibility criteria, application process, important dates, and selection procedure.
RBI Grade B Officer Recruitment 2024 Vacancies and Posts
The RBI has announced a total of 102 vacancies for the Grade B Officer position, distributed as follows:
- Officers in Grade ‘B’ (DR) – General: 70 posts
- Officers in Grade ‘B’ (DR) – DEPR: 24 posts
- Officers in Grade ‘B’ (DR) – DSIM: 8 posts
RBI Grade B Officer Recruitment 2024 Eligibility Criteria
1. Educational Qualification
- Grade ‘B’ (DR) – General: A minimum of 60% marks (50% for SC/ST/PwBD) or an equivalent grade in Bachelor’s degree, as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.
- 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.
- 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 an equivalent grade in aggregate of all semesters/years.
2. Age Limit
Candidates must be between 21 and 30 years of age as of [specific date], with relaxation in the upper age limit for certain categories:
- SC/ST: 5 years
- OBC: 3 years
- PwBD: 10 years
3. Experience
Experience is not mandatory for the general post, but for DEPR and DSIM, relevant experience can be an added advantage.
RBI Grade B Officer Recruitment 2024 Application Process
Candidates can apply online through the RBI official website. The steps to apply are as follows:
- Registration: Visit the RBI official website and click on the ‘Apply Online’ link. Complete the registration by providing basic details.
- Filling the Application Form: Log in with the registration ID and password. Fill in personal, educational, and other details as required.
- Upload Documents: Upload scanned copies of your photograph, signature, and other necessary documents.
- Payment of Application Fee:
- General/OBC: ₹850/-
- SC/ST/PwBD: ₹100/-
- Final Submission: Review the application form and submit it.
RBI Grade B Officer Recruitment 2024 Important Dates
- Start Date for Online Application:25th july 2024
- Last Date for Online Application: 16 august 2024
- Phase-I Online Examination: 8th september 2024
- Phase-II Online Examination: 19th octuber 2024
RBI Grade B Officer Recruitment 2024 Selection Process
The selection process consists of three phases:
- Phase-I (Preliminary Exam): Objective type questions covering General Awareness, English Language, Quantitative Aptitude, and Reasoning.
- Phase-II (Main Exam): Consists of three papers – Economic and Social Issues, English (Writing Skills), and Finance and Management.
- Interview: Candidates who qualify in the Phase-II exam will be shortlisted for the interview. The final selection will be based on the performance in the Phase-II exam and interview.
RBI Grade B Officer Recruitment 2024 Salary and Benefits
RBI Grade B Officers receive an initial monthly gross emolument of approximately ₹83,254/- (excluding allowances), including basic pay, grade allowance, DA, HRA, and other benefits. Additional perks include:
- Medical Allowances
- Provident Fund
- Gratuity
- Leave Fare Concession
- Housing Facility (if applicable)
RBI Grade B Officer Recruitment 2024 How to Apply
- Visit the official RBI website and navigate to the ‘Opportunities’ section.
- Click on ‘Apply Online’ under the ‘Current Vacancies’ section.
- Complete the registration process and fill in the application form with accurate details.
- Upload the required documents and pay the application fee.
- Submit the application form and take a printout for future reference.
The RBI Grade B Officer recruitment is a highly sought-after opportunity for aspiring candidates looking to make a mark in the banking sector. Interested candidates should ensure they meet the eligibility criteria and submit their applications before the deadline. Stay updated with the official RBI website for any further announcements and prepare diligently for the examination.
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