Eligibility / Exam Pattern

RBI Grade- B Exam

RBI Officer Grade B Eligibility Criteria 2016

The Eligibility Criteria is determined by the following parameters:

Nationality
Age Limit
Educational Qualification
Experience
Number of Attempts

The parameters of RBI Officer Grade B 2016 has been explained below clearly:

1.Nationality:

  • A candidate must be an Indian citizen
  • A citizen of Nepal
  • A subject of Bhutan
  • A Tibetan refugee (who came to India before 1 January 1962)
  • A person of Indian origin who migrated from Myanmar and Sri Lanka to permanently settle in India.

2.Age Limit:

The candidates as on 01/07/2017 should be between 21 and 30 years (candidates must have been born not earlier than 02/07/1987 and not later than 01/07/1996).
For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.
For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of the number of completed years of such experience subject to a maximum of three years.
For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

Relaxation of Upper age limit

Sr. No Category Age Relaxation
1 Scheduled Caste/Scheduled Tribe 5 years
2 Other Backward Classes 3 years
3 PWD(Gen.), (OBC), (SC/ST) 10 years, 13 years, 15 years
4 Ex-employees of banking institutions whose services were terminated due to reasons of economy or as of bank liquidation and personnel retrenched from Government Offices after at least one year’s service and currently registered with Employment Exchange 5  years
5 Persons ordinarily domiciled in the Kashmir Division of the State of Jammu & Kashmir during the period 1-1-80 to 31-12-89 5 years
6 Persons affected by 1984 riots 5 years

3.Educational Qualification :

General: The candidates should secure a minimum of 60% marks

SC/ST/PWD: (50% in case of SC/ST/PWD)

An equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor’s Degree will be in aggregate for all semesters / years.

RBI Officer Grade B Eligibility Criteria 2016 – Conversion Parameters

In case the University/Institute does not convert marks to grade, the following parameters would be employed.

Equivalent OGPA or CGPA or CPI or other similar evaluation term allotted on a scale of 10 Class/Division Aggregate Percentage of Marks in All the Subjects
6.75 I (First) 60%
6.25 II (Second) 55%
5.75 II (Second) 50%

4. Experience :

As per the RBI Officers 2016 Eligibility Criteria, upper age relaxation is applied to candidates with experience as an officer in any Commercial Bank/Financial Institution in Public Sector. Their upper age limit must not exceed 33 years which includes the work experience.

Number of Attempts as per RBI Grade B Eligibility Criteria 2016

General Category: Candidates belonging to unreserved who had already appeared 6 times for Phase-I Examination for this post in the past, are not eligible to apply.

No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.

Process of Selection – The overall selection will be based on following three phases –

1. Phase-I Online Examination: Objective Type – The Paper for 200 Marks consists of 4 sections:
(i) General Awareness
(ii) English Language
(iii) Quantitative Aptitude
(iv) Reasoning

2. Phase-II Online Examination: Descriptive Test –
Phase-II examinations will consist of three papers in MCQ pattern (except Paper-I) – viz

New announcement by RBI –

It has been decided by the Reserve Bank of India that for the captioned recruitment, from Batch Year-2016, in Phase-II online examination the Paper-III will consist of only one subject i.e. ‘Finance and Management’ (The other optional subjects viz. ‘Economics’ and ‘Statistics’ have been withdrawn) . All other criteria and scheme of selection remain the same.

Note:Earlier there was optional Paper in Paper-III which had options of subjects, viz., ‘Finance & Management’ or ‘Economics’ or ‘Statistics’.

3. Interview: 50 marks: The interview will continue in its existing format.

Important Note:

1. Candidates will be required to write all the papers online.

2. Only successful candidates of Phase-I will appear for Phase-II examination on a later date.

3. Based on the results of Phase-II examinations candidates will be shortlisted for interview.

4. Final selection will be through merit lists which will be prepared by adding marks secured by candidates in Phase-II (Paper-I + Paper-II + Paper-III) and Interview.

Brief Syllabus of the Exam –

1. General Awareness – Questions can be asked from Banking, Finance, Economy & Current Affairs news.

2. English Language – This section will consists of questions from different topics like –Reading Comprehension, Cloze Test, Spotting Error, Fill in the blanks, Parajumble & Sentence Improvement.

3. Quantitative Aptitude – This section will consists of questions from different topics like – Data Interpretation, Number Series, Approximation, Quadratic Equation & Miscellaneous Questions.

4. Reasoning – This section will consists of questions from different topics like – Syllogism, Inequality, Input Output, Coding & Decoding, Puzzles, Seating Arrangement, Data Sufficiency & Miscellaneous Questions