RBI Grade B Recruitment 2018 (166 Posts, 67K Salary) – Apply Now

RBI Grade B Recruitment 2018 (166 Posts, 67K Salary) – Apply Now

Reserve Bank of India has released a Recruitment E-Notification for the post of Grade B Officer Vacancies Pan India. A total of 166 Grade B Officer Vacancies are to be filled under Officers in Gr B (DR) General, Officers in Gr B (DR) DEPR and Officers in Gr B (DR) DSIM Posts.

Earlier, the Recruitment Notification of the RBI Grade “B” 2018 was released in the leading dailies some days back and it has been mentioned that it will be released today. The Papercut of the Grade B 2018 Recruitment can be found here.

Candidates who want to apply for this Recruitment can read the complete notification and only eligible candidates are advised to apply for this recruitment on or before July 23, 2018.

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RBI GRADE B 2018 – Total Vacancies

Posts Total Number of Vacancies
Officers in Grade ‘B’(DR) – General 127^
Officers in Grade ‘B’(DR) – DEPR 22^^
Officers in Grade ‘B’(DR) – DSIM 17
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RBI GRADE B 2018 – IMPORTANT DATES

Events Important Dates**
Website Link Open for Online Registration of Applications and Payment of Fees/Intimation Charges July 3, 2018, to July 23, 2018
1. Officers in Gr B (DR) General Phase-I Online Examination

Phase-II Online Examination

August 16, 2018, $

September 7, 2018

2. Officers in Gr B (DR) DEPR* Paper – I Online Examination

Paper – II & III

Online/Written Examination

August 16, 2018

September 6 / September 7, 2018, £

(To be confirmed in Admit cards)

3. Officers in Gr B (DR) DSIM@ Paper – I Online Examination

Paper – II & III Online/Written Examination

August 16, 2018

September 6 / September 7, 2018 £    (To be confirmed in Admit cards)

** The Board reserves the right to make any change in these dates.

Candidate will have to appear in only one shift of Phase-I examination.

£ Candidate will have to appear in all the shifts of Phase II / Paper II & III examination

RBI GRADE B 2018 – ELIGIBILITY CRITERIA

RBI GRADE B 2018 – AGE LIMIT 

Minimum Age: 21 Years  & Maximum Age: 30 Years 

* The age factor will be considered as on 1st July 2018.

* The aspirants who wish to apply for the RBI Grade B 2018, must have been born not earlier than 2nd July 1988 and not later than 1st July 1997.

* For candidates possessing M.Phil. and Ph.D. qualificationthe upper age limit will be 32 and 34 years respectively


GRADE B 2018 – EDUCATIONAL QUALIFICATION 

The minimum qualification for the RBI grade B 2018 will be considered as on 1st July 2018.

Officers in Grade ‘B’ (DR)  – (General)

  • A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard.
  • The minimum qualifying percentage or an equivalent grade for the bachelor’s degree will be in aggregate for all semesters/years.

Officers in Grade ‘B’ (DR) – DEPR

Essential: 

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 from a recognized Indian or Foreign University /Institute.

Note: SC, ST and PwBD candidates having a second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters/years in Master’s Degree examination or equivalent recognized qualifications are eligible to apply.

Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.

Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.

(i) Candidates having master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of the number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.


Officers in Grade ‘B’ (DR) – DSIM

Essential:

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 equivalent grade in aggregate of all semesters/years;

(OR)

Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from an institute of repute;

(OR)

Stat. The degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years

(OR)

Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

NOTE:

For SC, ST and PwBD candidates, the minimum marks required in master’s Degree as in items a, b, c and d above is 50% or an equivalent grade in aggregate of all semesters/ years.

Desirable:

(i) Candidates with a Doctorate in topics related to above subjects will be given preference.

(ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.

Note:

Candidates possessing M.Phil. and Ph.D. qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

Candidates with research/teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of the number of years of such experience subject to a maximum of three years. 

The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

Note I: The candidate must hold a degree of any of Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University Under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a foreign university recognized by the Association of Indian Universities.

Note II: Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into the percentage of marks, the same will be accepted.

However, where the University/Institute/ Board does not define criteria for conversion of Aggregate Grade Point into the percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:

Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10-point scale Aggregate  Percentage of Marks
6.75 60%
6.25 55%
5.75 50%

Note III: Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.

Note IV: Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per note 2 above.

Note V: The relaxation in minimum educational qualifications for SC/ST/PwBD candidates mentioned above is subject to reservation of vacancies under the respective post and category and identification of posts for PwBD as notified above.

RBI GRADE B 2018 – Number of Attempts

Unreserved (General Category): 6 Times (Phase I RBI Grade “B” Examination

SC/ST/OBC/PwBD: No Restriction 

RBI GRADE B 2018 – APPLICATION FEE

SC/ST/PwBD – Rs.100/-

GEN/OBC – Rs.850/-

RBI Staff – NIL

RBI GRADE B 2018 – Direct Link to Apply

Aspirants can apply for the RBI Grade “B” Exam 2018 from the official links provided below. We suggest you apply before 23rd July to avoid Server related issues.

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