RBI Grade B exam Details

By Wanker Sir
 How To Become
RBI Grade B Officer?
Complete Details

•About RBI • Career Growth

• Working Days & Timing • Benefits
• Eligibility • Job Life in RBI
• Job Profile • Accommodation
• Salary • Exam Pattern & more
• Posting
• Perks
 About RBI

Reserve bank of India is India's central bank also

known as the Bankers bank
RBI Grade B exam conducted by RBI
Grade B means Manager
IMF
World Bank
ADB
MoF
CBI
CVC
 Eligibility

Age - 21 to 30 years

Educational Qualification - Graduation with 60% marks

Class 10th & 12th - 60% marks

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

 Salary

Basic Pay - Rs 35, 150 pm

Special allowance – Rs 1800
Grade allowance – Rs 6800
Dearness allowance - Rs 23144
HRA (15%) - Rs 5273
Local compensatory allowance - 9% + Rs 500 - Rs 3664

Gross Salary – Rs 75, 831 / pm

 Perks
• Conveyance allowance (150 liters petrol)
(Mumbai - 50 liters extra)

New Delhi, Kolkata, Chennai, Hyderabad & Bangalore - 30

liters petrol extra

• Household allowance – Rs 4000

• Internet data allowance – Rs 1500
• Telephone allowance - Rs 1600
• Newspaper – Rs 708
• Gadget maintenance allowance - Rs 500
• Sodexho meal card - Rs 3600
 Other Benefits
• Private treatment – Rs 6500 pa
• Book Grant - Rs 8000 pa
• Brief case - Rs 5500 pa
• Spectacles (self + spouse) - Rs 6500x2 = Rs 13000 (once in
2yrs)
• Furnishing of residence for officer (FRO) - Rs 1, 60, 000
(once in 5yrs)
• FRO maintenance (8%) - Rs 12800 pa
• Leave fare concession (LFC in every 2yrs)
LFC amount is Rs 1, 12, 000 per person
Maximum 4 persons are allowed self + spouse + 2 children
Rs 112000x4 - Rs 448000
• Education Expenses - Rs 4000 per child pm (Max 2 child)
• Higher education & offer study leave with Pay for
Maximum 2 years
• Loans - Housing loan - Rs 80 lakh, Car loan - Rs 10 lakhs,
Education loan, Computer loan
• Holiday homes all over India
• Annual health check up of self & spouse in corporate
hospital
• Medical facilities for self + dependents
 Accommodation
Bank provides option of leased accommodation or RBI colonies

2 - 3 BHK flat all over India

All RBI colonies are well maintained by the bank - Electrician,
Carpenter, Plumber, Housekeeping, Security Guards

Bank Pays lease amount upto 60, 000 pm

 Working days & timing

Working days - 5 days in a week

Saturday - Sunday Off

9: 15 am to 5: 15 pm

You have plenty of time to pursue other hobbies

or prepare for other competitive exams
 Job Profile
Dependents on postings / Departments
There ate mote more than 30 departments
Department of Banking Regulation
Department of Communication Department of Monetary Policy
Department of Banking Supervision
Department of Govt & Banka / cs
Department of Payment & Settlement System Department of External
Investment & Operations
There is no public dealings or handling the public
• Managing all the govt a / cs & central bank a / cs
• Issuing & taking the circulation of currency & coins issued by RBI
• Checking & managing financial stability
• Control on bank. credit & control on interest rate
• The RBI also takes action to control circulation of fake currency
 Postings

Only in urban areas

RBI does not have branch in rural areas

 Promotion

Grade B Manager (7)

Grade C Assistant General Manager (5)
Grade D Deputy General Manager (5)
Grade E General Manager (5)
Grade F Chief General Manager (5)
Executive Director
Deputy Governor
Governor
Job life in RBI

• Job security
• Work life balance
• No target
• No corruption
• Facilities
• Well paid job
• Earning while learning
 Selection Process

RBI Grade B exam is conducted in 3 Phases

Prelims
Mains
Interview
 Exam Dates

Application form - July

Phase I exam – August
Phase II exam - September
RBI Grade B - Phase I Exam Pattern

Q M
General Awareness 80 80
Quantitative Awareness 30 30 120
English 30 30 minutes
Reasoning 60 60
200 200
 Phase ll Exam Pattern

Phase I exam is an objective type examination conducted

online. It will have mainly 4 sections

Qu M
Paper - 1 Economic & Social Issues 90 100
Paper - 2 English 90 100
Paper - 3 Finance & Management 90 100
270 300
 Interview

50 Marks
Candidate may option for interview either in Hindi or English
 Training

RBI Grade B training is conducted at Reserve Bank

Staff College, Teynampet, Chennai

Training for 3 Months

THANK YOU