The Reserve Bank of India (RBI) conducts two popular national-level competitive exams for individuals aspiring to work in the banking sector in India
RBI Grade B Exam, is for the recruitment of Grade B officers responsible for higher-level tasks and having a higher pay scale. The exam is conducted in three phases – Phase 1, Phase 2, and Interview.
RBI Assistant Exam is for the recruitment of Assistants responsible for lower-level tasks and having a lower pay scale. The exam is conducted in two phases – Preliminary and Main and LPT.
Both exams are highly competitive and require a comprehensive understanding of various topics related to banking, economics, and finance.
The Reserve Bank of India (RBI) conducts two separate exams for recruitment to different positions in the organization: the RBI Grade B exam and the RBI Assistant exam. The main difference between the two exams is the level of responsibility and the pay scale of the positions for which they are conducted. RBI Grade B exam is conducted for recruitment to the position of Grade B officers in the organization. These officers are responsible for higher-level tasks and have a higher pay scale compared to RBI Assistants. To be eligible for the RBI Grade B exam, a candidate must have a bachelor’s degree in any discipline from a recognized university.
The RBI Assistant exam, on the other hand, is conducted for recruitment to the position of RBI Assistant. These assistants are responsible for lower-level tasks and have a lower pay scale compared to Grade B officers. To be eligible for the RBI Assistant exam, a candidate must have a bachelor’s degree in any discipline from a recognized university with at least 50% marks. In terms of the selection process, both exams consist of a preliminary exam, followed by a main exam and an interview. However, the syllabus and the level of difficulty of the exams may vary. Let’s check out the details below.
The Reserve Bank of India (RBI) has requested applications from suitable candidates for the position of ‘Assistant’ for the fiscal year 2023. Similarly, the formal notification for RBI Grade B 2023 is expected to be announced on 09th May 2023. Under a recruiting campaign last year, the Reserve Bank of India (RBI) advertised 219 openings for Grade B Officer positions.
Category | RBI Assistant | RBI Grade B |
Scheduled Caste Scheduled Tribe | 5 years Age limit- 33 years | 5 years
|
Other backward classes | 3 years Age limit- 31 years | 3 years |
Ex-servicemen | years of service in the defence forces + 3 years. (+8 if PWD) subjected to an upper age limit of 50 years | 5 years (should have done 5 years of service and should be released due to completion of the assignment, injury or becoming invalid) |
Widows divorced women women judicially separated who are not re-married | 10 years | – |
Candidates having work experience in Reserve Bank of India/ any other financial institution | Years of experience Maximum of 33 years | upper age limit – 33 years including experience. The probationary period will not be considered when years of experience are being counted. |
ex-employees of banking institutions whose services had to be terminated for reasons other than their fault | – | 5 years |
Person with disability | General/EWS- 10 years OBC- 13 years SC/ST- 15 years | General/EWS- 10 years OBC- 13 years SC/ST- 15 years |
The educational requirements for the aforementioned positions are shown below.
Topic | RBI Grade B | RBI Assistant |
Education | Unreserved category requires 60% marks/equivalent grade in graduation. Graduation requires 50% marks/ comparable grades for protected categories such as SC/ ST/ PwBD) 10th and 12th standard examinations should be passed from a recognised board. Some criteria are unique to jobs. | · Bachelor’s Degree in any discipline with at least 50% aggregate marks SC/ST/PwBD applicants must hold a Bachelor’s Degree in any discipline with a minimum pass class. Should be familiar with word processing on a computer. Candidates who are ex-servicemen must be a graduate of a recognised university or must have passed the Armed Forces matriculation or equivalent exam and have served for at least 15 years. They must also be fluent in the local language of the state or regions that fall under the jurisdiction of the office for which they are applying (i.e., know to write, read, speak and comprehend the language) |
Key Differences in the Selection Process | RBI Assistant | RBI Grade B Officer |
Phase 1 ( Prelims) |
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Phase 2 (Mains) | Reasoning
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Interview & LPT |
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The table below provides the application URL as well as the costs necessary to apply for the aforementioned positions.
Posts | RBI Assistant | RBI Grade B |
Application link | www.rbi.org.in | www.rbi.org.in |
SC/ST/PwBD/EXS fees | Rs 50/- | INR 100/- |
OBC/General/EWS fees | Rs 450/- | INR 850/- |
The preliminary examination is held for both positions. The RBI Assistant and RBI Grade B test patterns are contrasted in the table below.
Topic | RBI Assistant | RBI Grade B |
Subjects | · English language · Numerical ability · Reasoning ability | · General Awareness · Reasoning · English Language · Quantitative Aptitude |
Marks | · English language- 30 · Numerical ability-35 · Reasoning ability-35 | · General Awareness- 80 · Reasoning- 60 · English Language- 30 · Quantitative Aptitude- 30 |
Duration | 20 minutes for each subject separately | 2 hours in total |
Number of questions | · English language- 30 · Numerical ability- 35 · Reasoning ability- 35 | · General Awareness- 80 · Reasoning- 60 · English Language- 30 · Quantitative Aptitude- 30 |
RBI Assistant versus RBI Grade B Main Exam Pattern
The major examination pattern for both RBI Assistant and RBI Grade B is as follows:
Topic | RBI Assistant | RBI Grade B |
Subjects | · English language · Reasoning · Numerical ability · General awareness · Computer knowledge | · Paper I: Economic & Social Issues (Objective Type) · Paper-II: English (Writing Skills- Descriptive -type with keyboard) · Paper III Finance & Management (Objective Type) |
Max marks for each subject | 40 | 100 marks for each subject |
Duration | · English language- 30 min · Reasoning- 30 min · Numerical ability- 30 min · General awareness- 25 min · Computer knowledge- 20 min | 90 minutes for each paper |
Ans: The sole distinction is that the RBI Grade B test syllabus covers disciplines like Economics, Finance, and Social Issues. Current Affairs is a significant component of the RBI test syllabus for both the Assistant and Grade B Officer exams.
Ans: To become an RBI Grade B Officer, a candidate must first work as an RBI Assistant for 3 to 5 years before being promoted to RBI Grade A Officer and then serve for another 3 to 5 years before being promoted to RBI Grade B
Ans: The RBI Grade B syllabus is less extensive than the UPSC CSE syllabus. As a result, if you have limited time and patience, choose RBI Grade B. Candidates having a good background in commerce, economics, or management should additionally prepare for the RBI Grade B exam
Ans: Once an applicant joins RBI as an assistant, he or she will have many opportunities to advance to higher-level positions. All applicants who want to be promoted to the officer level must apply for the promotion test, take the examination, and pass it.
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