RBI Officers (Grade-B) 2017

The Reserve Bank of India invites applications from eligible candidates to fill 161 posts of “Officers in Grade-B” in various offices of the Bank across India. Recruitment process for these posts consists three phases i.e. Preliminary, Main examination and Interview. Here is the complete details of RBI OFFICERS (GRADE-B) 2017 Exam.

RBI Officers (Grade-B) Notification 2017

RBI Officers (Grade-B) Notification 2017 released for 161 vacancies.

Online Application From 3-05-2017 to 23-05-2017
Phase – I Examination 17 June
Phase – II Examination 7 July

Click here for RBI Officers (Grade-B) Official Notification 2017

RBI Officers (Grade-B) Vacancy 2017

RBI has released official notification for the recruitment of Officers in Grade-B. There are total 161 vacancies for RBI Officers (Grade-B) post.

RBI Officers (Grade-B) 2017 Exam Dates

Reserve Bank of India released the RBI Officers (Grade-B) 2017 Exam Dates with its official notification. RBI Officers (Grade-B) 2017 exam will be held in three phases Prelims, Mains and Interview.

Phase-I (Prelims)- 17th June 2017
Phase-II (Mains)- 7th July 2017

RBI Officers (Grade-B) 2017 Exam Centre

While filling the online application for the post of RBI Officers (Grade-B), candidates are required to select their preferred exam centres for RBI Officers (Grade-B) 2017, based on their convenience. However, the Bank may allot an other exam centre than the choices made by a candidate if there is non-availability of seats at preferred venues.

RBI Officers (Grade-B) Recruitment 2017

RBI Officers (Grade-B) recruitment exam is considered a little difficult compared to the other bank entrance exams conducted by IBPS. Each candidate will be required to obtain a minimum cut off score for each section of objective test separately. The recruitment process for RBI Officers (Grade-B) consists of 3 stages:

1. Preliminary Examination

2. Main Examination

3. Interview

RBI Officers (Grade-B) Salary

Pay Scale: 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. 65,789/-.

RBI Officers (Grade-B) 2017 Exam Pattern

The RBI Officers (Grade-B) recruitment process consists of 3 stages. The structure of exams is as follows:

Phase I: RBI Officers (Grade-B) 2017 Preliminary Examination (200 Marks):

This Paper consisted tests of (i) General Awareness (ii) English Language (iii) Quantitative Aptitude and (iv) Reasoning, with a composite time of 120 minutes.

Phase II : RBI Officers (Grade-B) 2017 Mains Examination:

Phase III :Interview (50 marks): 

Candidates were shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). Candidates were given the option to opt for interview either in Hindi or English. Final Selection was through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

Important Note: There will be negative marking of 0.25 marks for every wrong answers in both Preliminary and Main Examination.

RBI Officers (Grade-B) 2017 Syllabus

Paper-I – Economic and social Issues:

  •  Growth and Development
  •  National Income and per capita income
  • Economic Reforms in India
  • Monetary and Fiscal Policy
  • Balance of Payments
  • IMF and World Bank, WTO
  • Social Structure in India
  • Social Justice
  • Indian Political System
  • Health and Education
Paper-II –English (Writing Skills):

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Paper-III -Finance and Management:

  • Regulators of Banks and Financial Institutions
  • RBI and its functions
  • Financial Markets
  • The Union Budget
  • Inflation
  • Corporate Governance in Banking Sector
  • Financial Inclusion
  • Risk Management in Banking Sector
  • Basics of Derivatives: Forward, Futures and Swap
  • Changing Landscape of Banking sector
  • Alternate source of finance
  • Public-Private Partnership (PPP)

RBI Officers (Grade-B) 2017 Eligibility Criteria

The candidate must fulfill the following two criteria to be eligible for the RBI Officers (Grade-B) Exam 2017:

• Age Limit: The candidate must be 21 Years to 30 Years.

• Educational Qualification: A minimum of aggregate 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.

RBI Officers (Grade-B) 2017 Online Application

The online application for RBI Officers (Grade-B) 2017 exam will be open for registration after the release of the official notification by RBI.

RBI Officers (Grade-B) 2017 Application Fee

The category wise fee structure for RBI Officers (Grade-B) online application is given below:

Sr. No. Category Application Fee
1 SC/ST/PWD Rs.100/- (Intimation Charges only)
2 OBC/General candidates Rs. 850/- (App. Fee including intimation charges)

RBI Officers (Grade-B) 2017 Admit Card & Call Letter

The admit card for RBI Officers (Grade-B) 2017 exam will be available before Preliminary exam, Main exam and Interview. Candidates are advised to keep checking this website regularly. Every candidate will be assigned an e-admit card/hall ticket/call letter that can be downloaded from the official website of IBPS.

The admit card or call letter for RBI Officers (Grade-B) 2017 will be issued in 3 phases:

• Online Preliminary Examination

• Online Mains Examination

• Interview

The link to download the admit card will be provided on this website. Candidates are advised to check the details on the admit card before downloading.

RBI Officers (Grade-B) 2017 Results

RBI will release the RBI Officers (Grade-B) 2017 results in three stages after completion of each stage. Candidates can check the result from this website as and when the results are announced.

RBI Officers (Grade-B) Cut off

Final cut off marks for last year’s recruitment: RBI Officers (Grade-B) Cut Off:

RBI Officers (Grade-B) FAQs

• Is the RBI Officers (Grade-B) exam Bilingual?

Except English Test, all the other tests are bilingual, i.e. available in both English and Hindi

• Is there Negative Marking?

Yes, there is negative marking of 0.25 marks for each wrong answer in the objective tests of both Preliminary and Mains Exam of RBI Officers (Grade-B) 2017.

• Are there fixed timings for different sections?

Not in Prelims, Yes in Mains