RBI Grade B exam is a national level competitive test conducted by Reserve Bank of India for recruitment of officers in Grade ‘B’ (General) - DR, DEPR and DSIM in Common Seniority Group (CSG). RBI Grade B 2020 recruitment is conducted in three phases – Preliminary, Main exam and Interview Round.
Latest: RBI Grade B 2019 interview round for selected candidates scheduled to be held from April 20 -28, 2020 has been postponed amidst nationwide lockdown due to COVID – 19 Outbreak. Candidates will be intimidated with the revised dates on the official website.
The key points about RBI Grade B 2020 exam are highlighted below:
|Name of the Exam||RBI Grade B Exam – DR, DEPR and DSIM|
|Conducting Body||Reserve Bank of India|
|Selection Process||Preliminary exam > Main exam > Interview|
|Mode of Application||Online|
|Mode of Exam||Both Online and offline|
|Number of vacancies||199 posts|
Reserve Bank of India has announced the registration schedule and RBI Grade B exam dates:
|Release of RBI Grade B 2020 Official Notification||September 20, 2020|
|RBI Grade B Registration Began on||September 21, 2020|
|Last Day to Submit RBI Grade B 2020 Application Form||October 11, 2020|
|RBI Grade B Exam Date for Phase – I||November 9, 2020|
|Release of RBI Grade B Phase 1 Result||November 18, 2020|
|Release of RBI Grade B 2020 Phase 2 Admit Card||November 22, 2020|
|RBI Grade B Exam Date Phase-II (General)||December 1, 2020|
|RBI Grade B Exam Date Phase-II (DEPR and DSIM)||December 2, 2020|
|Release of RBI Grade B Phase-II (General) Result||December 18, 2020|
|RBI Grade B Interview Dates||
January 13 – March, 2021
|Final Result Declaration||Not Announced Yet|
Candidates must meet the eligibility guidelines issued by RBI before applying online. The basic eligibility criteria pertaining to nationality, age limit and educational qualification of a candidate is discussed below:
To appear for RBI Grade B Examination 2020, a candidate must be either: —
Please note that candidates belonging to categories (b), (c), and (d) should possess a certificate of eligibility issued by the Government of India.
The educational qualifications prescribed for RBI Grade B Examination 2020 are as follows:
|Post||Minimum Educational Qualifications|
|Officers in Grade 'B' (DR) - (General)||
At least 60% marks in aggregate for all semester/years (50% for SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations from recognized University and Boards respectively.
|Officers in Grade 'B' (DR) – DEPR||
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. SC/ST/PWD candidates are allowed a relaxation of 5%
|Officers in Grade 'B' (DR) - DSIM||Essential: A Master's Degree in Statistics/Mathematical Economics/ Mathematical Statistics/Statistics & Informatics/Econometrics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay with at least 55% marks in aggregate of all semester/years or an equivalent grade; OR
If General Category candidates have already appeared 6-times for Phase-I Exam of this post in the past, then they would be considered ineligible to apply. However, there are no such restriction in case of candidates belonging to SC/ ST/ OBC/ PWD if the posts are reserved for them
RBI Grade B 2020 Registration can be done through online mode only at the official website. Candidates willing to apply for posts in both Gr. B (DR)-General and Gr B (DR) DEPR / DSIM need to apply separately for each position along with requisite application fees.
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Hand Written Declaration
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Application Fee for RBI Grade B Examination 2020 has to be paid in online mode only. Fee payable for various categories is indicated in the table below:
|SC /ST/ PWD||Intimation Charges only||INR 100/-|
|GEN/ OBC/ EWS||Application fee including intimation charges||INR 850/-|
|States /UTs||RBI Grade B Exam Centers for Prelims|
|Andaman & Nicobar||Port Blair|
|Andhra Pradesh & Telangana||Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam, Vizianagaram|
|Arunachal Pradesh||Itanagar, Naharlagun city|
|Assam||Dibrugarh, Guwahati, Jorhat, Silchar|
|Bihar||Bhagalpur, Muzaffarpur, Patna|
|Daman & Diu||Jamnagar|
|Gujarat||Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat, Vadodara|
|Haryana||Hissar, Karnal, Rohtak|
|Himachal Pradesh||Dharamsala, Shimla|
|Jammu & Kashmir||Jammu|
|Jharkhand||Bokaro, Dhanbad, Jamshedpur, Ranchi|
|Karnataka||Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya, Udipi|
|Kerala||Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrichur, Palakkad, Thiruvananthapuram, Kollam, Nagarcoil|
|Madhya Pradesh||Bhopal, Gwalior, Indore, Jabalpur|
|Maharashtra||Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur|
|New Delhi||Delhi –NCR|
|Orissa||Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur|
|Punjab||Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali, Patiala|
|Rajasthan||Ajmer, Jaipur, Jodhpur, Kota, Udaipur|
|Sikkim||Gangtok, Bardang City|
|Tamilnadu||Chennai, Vellore, Coimbatore, Erode, Thirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Thiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelvelli, Kanyakumari, Tuticorin|
|Uttar Pradesh||Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut, Varanasi|
|Uttarakhand||Dehradun, Haldwani, Nainital, Roorkee City|
|West Bengal||Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani, Siliguri|
|Name of the Examination Cities|
RBI Grade B Prelims exam will be of 200 marks with a total time constraint of 120 minutes. There will be specific sectional duration which will be mentioned in the admission letter. Candidates will have to clear sectional cutoff as well as overall cutoff. Those who obtain marks more than sectional and overall cutoffs will be eligible to appear in the Main exam.
|Subjects||Number of Questions||Maximum Marks||Duration|
|Total||200 Questions||200 Marks||120 minutes|
There are three separate papers in main exam. The English paper is a descriptive test. Candidates have to write the answers using the keyboard. It tests the writing skills of the candidate.
|Paper||Type of Paper||Maximum Marks||Duration|
|Economics and Social Issues||Objective||100||90 minutes|
|English (Writing skills)||Descriptive||100||90 minutes|
|Finance and Management||Objective||100||90 minutes|
|Total||3 Papers||300 Marks||4 hours 30 minutes|
The Syllabus is determined by RBI itself. The syllabus varies for Prelims and Main exam as mentioned below:
|English||Quantitative Aptitude||Reasoning||General Awareness|
|Grammar||Mensuration||Puzzles||Banking & Financial Awareness|
|Vocabulary||Time and Work||Seating Arrangement||Monetary Policies|
|Error Spotting||Average, Ratio, Percentages||Directions and Distance||Economic Terms|
|Comprehension||Speed, Distance and Time||Data Sufficiency||Current Affairs|
|Passage Making||Mixture and Allegations||Blood Relations||Financial & Economics News|
|Jumble Words||Permutation and Combination||Syllogism||Static GK|
|Fill in the Blanks||Data Interpretation||Coding Decoding||Government Schemes, Agreement & Deals|
|Sentence Framing||Probability||Inequality||Banking terms, rates, processes|
Paper-I: Economic and social Issues
Growth and Development, Measurement of growth: National Income and per capita income, Poverty Alleviation and Employment Generation in India
Sustainable Development and Environmental issues, Economic Reforms in India, Industrial and Labour Policy, Monetary and Fiscal Policy, Privatization, Role of Economic Planning.
Globalization, Opening up of the Indian Economy, Balance of Payments, Export-Import Policy, International Economic Institutions, IMF and World Bank,
WTO, Regional Economic Co-operation, Social Structure in India, Multiculturalism, Demographic Trends, Urbanization and Migration, Gender Issues,
Social Justice : Positive Discrimination in favor of the under privileged, Social Movements, Indian Political System, Human Development, Social Sectors in India, Health and Education.
|Paper-II: English (Writing Skills)||The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.|
|Paper-III: Finance and Management||
1.Finance: Financial System, Regulators of Banks and Financial Institutions, Reserve Bank of India- functions and conduct of monetary policy, Banking System in India,
Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc, Financial Markets Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments,,
Risk Management in Banking Sector, Basics of Derivatives: Forward, Futures and Swap, Changing Landscape of Banking sector, Recent Developments in the Financial Sector,
Portfolio Investment, Public Sector Reforms, Disinvestments, Financial Inclusion- use of technology, Alternate source of finance, private and social cost-benefit, Public-Private Partnership
Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector,
The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission,
Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM), Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.
2.Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation.
Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal, Potential appraisal and development, Feedback and Performance Counselling,
Career Planning, Training and Development, Rewards, Employee Welfare.
Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication;
upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.
RBI Grade B Exam is not an easy test to crack without proper preparation and planning. Some useful reference books to aid preparation for RBI Grade B Exam are listed below:
|Name of the Book||Publisher/Author|
|Indian Economy||Uma Kapila (Series of Books)|
|Indian Economy||Mishra Puri. (Latest Edition)|
|Growth And Development||Devraj Ray|
|Sociology||C.N. Shankar Rao|
|Financial Management||Prasanna Chandra|
|Public Finance||K K Andley and Sundaram|
|Economic Growth and Development||Mayer and Baldwin|
|Indian Economy||R. Dutt and KPM Sundaram|
|Indian Economy||Mishra and Puri|
|Monetary Theory and Public Policy||Kenneth Kurihara|
|An introduction to Economics||A W Stonier and D C Hauge|
|Suggested reading material for RBI Grade B Examination: Officers in GR B (DR)-General: Leading Dailies like Economic Times/Hindu/Business Standard News Publications/Bulletins/Reports: Economic and Political Weekly/Southern Economist/Yojana/Business India/RBI Bulletins Reports: Economic Survey of India/World Development Report|
Suggested reading material for RBI Grade B Examination: Officers in GR B (DR)-DEPR/DISM: RBI publications like Annual Report, Monetary Policy Report and the Financial Stability Report, Report on Trend and Progress of Banking in India, and the Economic Survey published by the GOI in last couple of years. Major Economic and Political News Publication
RBI Grade B Result 2020 is now available on the official website of the bank. RBI Grade B Result of main exam for DR-General has been published on December 18, 2020, however, the marks secured in Prelims, Main exam and Interview will be available on the Bank's website only after the declaration of the final result.
*The article might have information for the previous academic years, please refer the official website of the exam.