RBI Recruitment 2021 | Officers (Grade ‘B’) | 322 Posts | Any Degree/ PG | Last Date: 15th February 2021

RBI Recruitment 2021 :

The Reserve Bank of India (RBI) is India’s central banking institution, which controls the monetary policy of the Indian rupee.

History of RBI :

It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.

Structure :

The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India’s independence on 15 August 1947, the RBI was nationalised on 1 January 1949.

The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union

Company: The Reserve Bank of India (RBI)

Job TitleOfficers Grade ‘B’
Description• Officers in Grade ‘B’ (DR) – General • Officers in Grade ‘B’ (DR) – DEPR • Officers in Grade ‘B’ (DR) – DSIM
Estimated salaryPer month – 35,150 (INR)
Work LocationAcross – India
Employment TypeFULL TIME

Total vacancies: 322 Posts

Officers in Grade ‘B’ (DR) – General270
Officers in Grade ‘B’ (DR) – DEPR29
Officers in Grade ‘B’ (DR) – DSIM23
Total322 Posts

Experience: Freshers/Experienced

Eligibility Criteria:

Educational Qualification:

Officers Grade B (DR) – General: 

Candidates must qualify Bachelor’s Degree in any discipline with minimum 60% of marks from a recognized University/ Institute. (55% of marks is enough for reserved category candidates).

Officers Grade B (DR) – DEPR:

 Candidates must possess Master’s Degree with a minimum 55% marks in Economics/ Econometrics/ Quantitative Economics/ Mathematical Economics/ Integrated Economics Course/ Finance

Officers Grade B (DR) – DSIM:

 Candidates should possess Master’s Degree with a minimum 55% marks in any of these – Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/Applied Statistics & Informatics from IIT-Bombay or Master’s Degree in Mathematics with 1 Year post-graduate diploma in Statistics or Masters in Statistics from Indian Statistical Institute with a minimum of 55% marks or Post Graduate Diploma in Business Analytics (PGDBA) of ISI Kolkata, IIT Kharagpur and IIM Calcutta with minimum 55% marks

Age Limit: As on 01-01-2021

Candidates age must be in between 21 to 30 years as on 01-01-2021. Age is relaxable for reserved category candidates.

Selection Process:

Selection will be through Phase-I, Phase-II online tests and interview.

Phase-I: Phase-I online examination will be of 200 marks. Time Duration is 2 hours.

SectionNumber of Questions
General Awareness80
English Language30
Quantitative Aptitude30
Reasoning Ability60

Phase-II Examination: Phase-II Examination will be of 300 marks. Time duration is 270 minutes.

Economic & Social Issues100
English (Descriptive Paper)100
Finance & Management100

Application Fee: Fee must be paid through online mode.

  • For SC/ ST/ PwBD-SC/ PwBD-ST Candidates: Rs.100/-
  • For GEN/OBC/PwBD-Gen/OBC Candidates: Rs. 850/-

How To Apply:

All interested and eligible candidates can apply for this position online at RBI Bank website (www.rbi.org.in) from 28th January 2021 to 15th February 2021.

Important Dates to be noted:

Phase-I Exam of RBI Grade B DR – Gen/DEPR/DSIM6th March 2021
RBI Grade B DR – DEPR/DSIM Paper II & III31st March 2021
 RBI Grade B GR-General Phase-II Exam Date1st April 2021

For More Details: Click Here