RBI Grade B 2023 Notification Released for 291 Vacancies: Check the Eligibility, Vacancy, and Other Details

RBI Grade B 2023 Notification Released for 291 Vacancies

The Reserve Bank of India (RBI) has released the notification for the RBI Grade B exam 2023. Therefore candidates interested in the RBI can apply for this position. The application process for this post will start on May 9, 2023.

Also, candidates should note that the last date to apply for this position is June 9, 2023. The selection process involves three stages. Therefore, candidates should prepare well so that they can stand out from the crowd.

RBI Grade B 2023: Overview

The following table provides an overview of the RBI Grade B exam 2023.

Name of the organization	Reserve Bank of India
Exam name	RBI Grade B
Post	Grade B
Vacancy	291
Category	Bank job
Language of the exam	English
Application mode	Online
Selection process	Phase I, Phase II, and Interview

RBI Grade B 2023: Important Dates

The following table provides the important dates of the RBI Grade B exam 2023.

Events	Dates
RBI Grade B 2023 notification release date	April 26, 2023
RBI Grade B 2023 notification PDF release date	May 9, 2023
RBI Grade B 2023 online application start date	May 9, 2023
RBI Grade B 2023 online application end date	June 9, 2023

RBI Grade B 2023: Vacancy Details

The following table provides the total number of vacancies for each post.

Posts	Number of Vacancies
Officers in Grade ‘B’ (DR)-General	222
Officers in Grade ‘B’ (DR)-DEPR	38
Officers in Grade ‘B’ (DR)-DSIM	31
Total	291

RBI Grade B 2023: Eligibility Criteria

The following provides the details regarding the eligibility criteria.

Educational Qualification

The following table provides the details regarding the educational qualification.

Post	Educational Qualification
Officers in Grade ‘B’ (DR)-General	Minimum 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 examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years
Officer in Grade ‘B’ (DR)-DEPR	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; OR PGDM/ MBA 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; OR Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute
Officers in Grade ‘B’ (DR)-DSIM	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 (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 a reputed Institute OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (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

Age Limit

The minimum age limit is 21 years. And the maximum age limit is 30 years. The following table provides the details regarding age relaxation.

Category	Age Relaxation
SC/ ST	5 years
OBC	3 years
Physically handicapped	10 years
PH+OBC	13 years
PH+SC/ST	15 years

Nationality

Citizen of India
The subject of Nepal or Bhutan
A Tibetan refugee who is permanently settled in India before January 1, 1962
Person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam intending to reside permanently in India

RBI Grade B Exam Pattern

The following provides the details regarding the RBI Grade B exam pattern.

Phase 1

Name of the Section	Number of Questions	Marks	Duration
English language	30	30	25 minutes
General Awareness	80	80	25 minutes
Quantitative aptitude	30	30	25 minutes
Reasoning	60	60	45 minutes
Total	200	200	120 minutes

Phase 2

Name of the Paper	Type of Paper	Time	Number of Questions	Marks
Paper 1-Economic and Social Issues	50% objective	30 minutes	30 objective questions	50
Paper 1-Economic and Social Issues	50% descriptive	90 minutes	4 descriptive questions	50
Paper 2-English (Writing Skills)	Descriptive	90 minutes	3	100
Paper 3-Finance and Management	50% objective	30 minutes	30 objective questions	50
	50% descriptive	90 minutes	4 descriptive questions	50