RBI Exams 2024 - 2025

The Reserve Bank of India conducts examinations for recruitment to various posts in the RBI. The RBI was established in 1935 and nationalised in 1949. It is the apex bank in the country responsible for maintaining the Consolidated Fund of India and formulating banking policies.

In 2024, the Reserve Bank of India (RBI) will conduct important exams for recruitment to various positions, including Grade B Officers and Assistants. The Grade B exam is designed for managerial roles and requires a bachelor’s degree with at least 60% marks, while the Assistant exam is aimed at clerical positions, needing a minimum of 50%.

Both exams involve multiple phases, including objective and descriptive tests, and are highly competitive. Candidates are encouraged to check the official RBI website for the latest updates on application procedures and exam dates.

RBI Grade B Exam

The RBI Grade B exam is conducted every year to recruit officers into the Reserve Bank.

The official RBI Grade B Exam Notification 2024 will be released in typically around January or February 2024 on the official Reserve Bank of India website.

Successful candidates are inducted into the bank as officers in the following departments:

• Direct Recruitment(DR) General Cadre
• Department of Economic Policy and Research(DEPR)
• Department of Statistics and Information Management(DISM)

RBI Grade C Exam

The RBI Grade C exam is conducted periodically to recruit specialists for running day to day operations at the bank. The eligibility criteria, syllabus and educational qualifications vary based on the specialisation required by the bank. There is no fixed time of the year when the RBI Grade C notification is released.

The exam pattern is based on the shortlisting of applications based on the following criteria:

• Experience in the area of specialisation applied for
• Education Achievement
• Record of Service
• Special Achievement and Awards if any

The shortlisted candidates are called for an interview. Based on the scores secured in the interview, candidates are awarded contracts by the RBI to work for them.

RBI Assistant Exam

The RBI Assistant exam is conducted to recruit candidates into the clerical and assistant cadre handling day to day operations of the bank. The RBI Assistant 2020 recruitment is complete and the 2021-22 notification is yet to be released, and candidates willing to appear for the RBI exams can fill in the application form. The following are a few details about the exam:

RBI Clerk Exam

The RBI Clerk exam pattern is set by the conducting body and is subject to change as per the need of the conducting body.

RBI Clerk exam is a foundational step that a candidate puts in the banking sector. It opens up multiple opportunities for a candidate in terms of career growth and job prospects. Candidates must make sure that the bank clerk preparation is exhaustive and requires a lot of hard work.

Given below are a few tips for the candidate’s reference:

1. Make sure you follow a systematic study plan and prepare for the bank clerk exam accordingly.
2. Solve mock tests, practice paper and sample papers on a regular basis. This will help you revise the entire syllabus in a single go.
3. Solving previous year question papers shall also prove to be very helpful as it would help you understand the standard of exam and the type of questions asked in the exam.
4. Time management is an important aspect of bank clerk preparation, so make sure that practise questions regularly and try solving them as fast and possible.
5. Refer to the best books and study material

RBI Grade B Eligibility

The RBI has the following essential criteria for candidates desirous of applying for Grade B Posts:

• Age Limits: Between 21 to 30 years for Graduates.
• Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the RBI Grade B exam. Educational requirements and RBI cut off for marks in the highest educational qualification vary according to the department applied for, by the applicant.
• Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from certain countries are also allowed if they can produce a certificate of eligibility from the Government of India.
• Number of Attempts: Unreserved category candidates can appear in the exam up to 6 times.

RBI admit cards are issued only to candidates who fulfil all the above criteria and can produce documentary proof when requested.

RBI Assistant Eligibility

RBI Assistant eligibility is a set of requirements that are stated by the conducting body for a candidate to apply for the exam. The RBI asks candidates to fulfil the following criteria for applying for RBI Assistant post:

• Age Limits: Between 21 to 28
• Educational Qualifications: Candidates have to attain at least an undergraduate degree to be able to appear for the exam.
• Nationality: Only Indian Nationals and subjects of Nepal and Bhutan are eligible to appear in the RBI exam. Refugees and migrants from a few countries are also allowed if they can produce a certificate of eligibility from the Government of India.

RBI Grade B Exam Pattern

The RBI Grade B exam consists of two written exams and an interview as described in the following table:

Currently, the RBI Grade B recruitment 2021 is ongoing and candidates must start their preparation accordingly to ace the Officer cadre examination.

RBI Grade B Syllabus

The syllabus of the RBI exam is roughly equivalent to the level of a graduate in Economics.

The exam covers the following major topics:

• English Writing Skills
• Economic and Social Issues
• Finance
• Management
• General Awareness
• Current Affairs
• Micro and Macro Economics
• Indian Economy and Related Topics

RBI Assistant Syllabus

The RBI Assistant Exam consists of two stages, the Phase I and Phase II exams. The following is the basic pattern and syllabus of the exams:

RBI Assistant Phase I:

RBI Assistant Phase II:

RBI Clerk Exam Syllabus

The RBI Clerk syllabus is vast and requires the candidate to prepare themselves accordingly for each subject. Candidates must make sure that they follow a systematic study plan in order to prepare themselves well enough based on the latest exam pattern and syllabus.

There are common subjects which are a part of the bank clerk syllabus. This includes the English language, Quantitative Aptitude, Reasoning Ability, Computer Knowledge and General Awareness.

Candidates must make sure that they prepare themselves equally well for all the topics which are a part of the bank clerk syllabus.

RBI Grade B Salary

RBI not just offers job security, respect and a designation that many wish to attain, but also provides perks and allowances that act as an added advantage to the job profile.

Given below is the detailed RBI Grade B Salary 2022:

Along with the RBI Grade B salary, various other allowances are also provided to an Officer.

Given below is the list of allowances provided to an RBI Grade B Officer:

1. Dearness Allowance
2. Local Allowance
3. House Rent Allowance
4. Family Allowance
5. Grade Allowance
6. Medical Allowance

RBI Assistant Salary

Apart from the status, designation and job security, one primary reason for lakhs of candidates to apply for the post of Assistant in RBI is the RBI Assistant salary. The detailed RBI Assistant salary is as given below:

The perks and allowances provided to an Assistant in RBI is an added benefit to the RBI Assistant salary. The allowances provided to an RBI Assistant include:

1. Dearness Allowance
2. House Rent Allowance
3. City Compensatory Allowance
4. Transport Allowance

Bank Clerk Exam Result

The bank clerk result is declared after each stage of the exam and after every stage, a certain number of candidates are shortlisted who qualify for the next level of the bank clerk exam.

The bank clerk result is declared based on the candidate’s overall performance and also, based on the section-wise performance. An overall and sectional cut off is finally declared based on which the candidates are shortlisted.

Bank Clerk Admit Card

The Bank clerk exam is conducted by various bodies and for every level of exam conducted, the bank releases an admit card which ensures the candidate’s entry to the exam venue.

The admit card for the bank Clerk exam is released 10 to 15 days in advance to the date of examination and candidates must ensure that they carry their admit card along to the exam centre.

Any candidate who does not carry the admit card along shall be denied entry to the exam centre. The bank clerk admit card acts as proof that the candidate has filled the application form and is eligible to appear for the examination.

Q.1 What is the preparation strategy to crack RBI Assistant Exam?

ANS: The RBI Assistant Exam can be cracked using the right strategy and study material. The candidate needs to go through the complete exam syllabus and pattern before the exam preparation. It is advisable to make a proper study schedule and focus on the important parts of the syllabus to ace the exam.

Q.2 How to apply for RBI Exam 2022?

ANS: Aspirants can apply on the official website. Candidates can follow the step-wise procedure included in this article to apply for the RBI examination 2022.

Q.3 What does an RBI Assistant do?

ANS: An RBI Assistant maintains files, verifies documents, supervises the proper circulation of currency, and maintains ledgers.

Q.4 How many attempts are allowed for RBI Assistant?

ANS: Candidates can take the RBI tests as many times as they wish. However, there is an age limit specified in the eligibility criteria. A candidate who meets all other factors of the eligibility criteria can appear for the RBI exam.

Q.5 Can a graduate sit for the RBI Exam 2022?

ANS: Yes, Applicants must have a bachelor's degree in any subject with a minimum of 50% in the aggregate (pass for SC/ST/PWD applicants) and basic computer skills. For more Information kindly check the official website.

Q.6 What is the total duration of the Preliminary exam of RBI Assistant post?

ANS: The Preliminary exam has three sections of 20 minutes each. Thus, the total duration of the RBI Assistant post is 60 minutes (1 hour).

Q.7 Is the RBI Assistant Exam tough?

ANS: RBI Assistant Exam is not a tough exam. It can be prepared with the right strategy and study plan. However, the candidates need to be consistent with their preparations and need to revise all the topics regularly.

Q.8 What is the RBI Assistant salary?

ANS: The basic pay for RBI Assistant is Rs. 14,650. Along with all the allowances, the RBI Assistants draw the initial monthly gross salary of Rs. 36, 091. The allowances include the dearness allowance, house rent allowance, city compensatory allowance, transport allowance, and others.

Q.9 What is the age limit for applying for RBI Grade- B post?

ANS: The applicant's age must not be more than 31 years of age as of the 1st September 2022.

Q.10 Is the RBI Grade- B exam tough?

ANS: The RBI Grade-B exam is quite tough, but if one studies with the full dedication he will surely qualify for the exam on the second or third attempt, if not on the first attempt.

Q.12 What is the application fee for the RBI Grade-B exam?

ANS: All applicants must pay the application fee for applying to the RBI Grade-B exam. The application fee is INR 850 for general candidates and INR 100 for SC/ST/PWD candidates.

Q.13 What is the working hour of an RBI Grade- B Officer?

ANS: The working hours of an RBI Grade-B officer are from 9 am to 5 pm. They have to work five days a week.

Q.14 Is there any limit in the number of attempts for the RBI Grade- B Exam?

ANS: The General aspirants can appear 6 times in the RBI Grade B Phase I exam, whereas there are no limitations for SC/ST/OBC/PwBD/EWS aspirants.

Q.15 What is RBI Grade B salary after 5 years?

ANS: The employee gets INR 1750 increment per year for upto 9 years of service. There is further increment of INR 2000 for next 4 years and the basic pay is INR 54400.