RBI Grade B 2020 Interview dates (Postponed), Notification, Exam Dates, Application, Eligibility, & Syllabus

Updated On -

Aug 31, 2020

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Samrat Roy

Exam Prep Master

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: 

28 August: RBI will release the notification for RBI Grade B 2020 exam during September 2020. The notice will be available in PDF form. the Phase I exam is likely to be conducted in November 2020 and the Phase-II exam in December.

23 July: The revised dates for RBI Grade B interview for DSIM and DEPR posts (2019) have been postponed further. On the other hand, whose interview was scheduled in August earlier, will be now conducted in September (tentatively). 

Shortlisted candidates will receive the call letter soon on their email address. The dates has been scheduled according to the centre. For DSIM posts in New Delhi, the interview will be conducted on September 9-11, and September 25, 2020. In Mumbai, it will be conducted from September 28-29, 2020. DEPR- PY 2019 interviews will only be conducted in New Delhi from September 21-24, 2020. Check RBI Grade B result for more.

29 June: RBI Grade B interview has been scheduled for DSIM and DEPR Posts. 

Practice Sectional Tests-Phase I for free before RBI Grade B 2020 Exam

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 by the revised dates on the official website. 

  • Only candidates qualifying in the Main exam will be invited for interview round beginning from January 13, 2021.
  • RBI Grade B Admit Card (with New Roll Numbers) indicating the date, time and venue of the interview will be sent separately to shortlisted candidates on their registered email address.
  • The interview round will carry 50 marks and can be done in English or Hindi language as opted by the candidate.
  • The final merit list will be based on candidates' performance in the main exam and interview round. Check RBI Grade B Exam Pattern
  • RBI Grade B Final Result will be released in April 2021. Candidates scorecards and cutoff for all phases will be published after the final result declaration.
Prepp Test Series
Similar Exam: Candidates aspiring for Government banking jobs can also check IBPS SO 2020

RBI Grade B 2020 Highlights

The key points about the 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 
Official Website rbi.org.in
Exam Level National
Selection Process Preliminary exam > Main exam > Interview
Mode of Application Online
Mode of Exam Both Online and offline
Number of vacancies 199 posts

RBI Grade B Exam Dates 2020

Reserve Bank of India has announced the registration schedule and RBI Grade B exam dates:

Events Dates (Tentative)
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

RBI Grade B Exam 2020 Eligibility

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:

RBI Grade B Nationality

To appear for RBI Grade B Examination 2020, a candidate must be either: —

  1. a citizen of India, or
  2. a subject of Nepal or Bhutan, or
  3. a Tibetan refugee who is permanently settled in India prior to January 1, 1962, or
  4. a person of Indian origin who has migrated from either Pakistan, Burma, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam with the intention of residing permanently in India.

Please note that candidates belonging to categories (b), (c), and (d) should possess a certificate of eligibility issued by the Government of India.

RBI Grade B Age Limit 

  • Candidates should fall in 21 and 30 years of age group as on September 1, 2020.
  • However, the upper age limit for candidates with M.Phil. and Ph.D. qualifications is 32 and 34 years respectively.
  • Reserved category candidates are eligible for relaxation in upper age limit as per Government of India norms.

RBI Grade B Qualifications Requirement

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
  1. Master's Degree in Mathematics with at least 55% marks in aggregate of all semester/years and 1-year PG Diploma in Statistics or related subjects from reputed institute; OR
  2. M. Stat. from Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years OR
  3. PG Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with at least 55% marks in aggregate of all semesters/years or equivalent grade.
Note: For SC/ST/PWD candidates, the minimum marks required in Master's Degree as in items a, b, c and d above is 50% in aggregate of all semesters/years or an equivalent grade.

RBI Grade B Number of Attempts

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

Download RBI Grade B 2020 Official Brochure


RBI Grade B 2020 Application Form

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.

How to apply for RBI Grade B?

  1. Visit the official website – rbi.org.in and click on the link “Recruitment for the post of Officers in Gr. B (DR) General/DEPR/DSIM”
  2. Separate links for Online applications for Gr B -(DR)-General and Online applications for DEPR/DSIM would be displayed.
  3. For fresh registration, choose the tab "Click here for New Registration" and enter Name, Contact details, and Email-id.
  4. A Provisional Registration Number and Password will be generated by the system.
  5. An Email & SMS is sent to registered email ID and a Mobile number containing Registration number and Password.
  6. Fill the remaining details in the application form.
  7. Upload scanned images of candidates’ recent photograph and signature, left hand thumb impression and a hand written declaration with following specifications:
Documents Size Pixels Format
Photograph 20 – 50 KBs 200 X 230 pixels JPG or JPEG
Signature 10 – 20 KBS 140 X 60 pixels JPG or JPEG
Left Hand Thumb Impression 10 – 20 KBS

140 X 60 pixels

JPG or JPEG

Hand Written Declaration 

20 – 50 KBs

140 X 60 pixels

JPG or JPEG
  1. Next, application fee has to be deposited using Debit/Credit Cards, Internet Banking, Cash Cards/Mobile Wallets.
  2. Candidates must obtain and preserve the ‘e-receipt’ as proof of successful fee payment.
  3. Finally, choose "SAVE AND NEXT" and verify the details in the form before submission.

Go through and practice Sectional Test: Phase II before the exam 

RBI Grade B 2020 Application Fee

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:

Category Charges Amount 
SC /ST/ PWD Intimation Charges only INR 100/-
GEN/ OBC/ EWS Application fee including intimation charges INR 850/-
Staff Nil Nil

Note:-

  • Candidates must obtain the print-out of duly filled RBI Grade B Exam Application Form for future correspondence.
  • No separate facility to make changes in the form will be available after submission of form.
  • Fee once paid will not be refunded under any circumstances.
  • Fee/ Intimation charges waiver is applicable only for the RBI Staff who meet specific eligibility criteria stipulated in the circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013

RBI Grade B Exam 2020 Admit Card

  • Successful applicants for RBI Grade B Main Examination 2020 will be issued their interview call letters in January 2020.
  • Candidates can download the admit card from the official website of bank.
  • Candidates should check the e- call letter carefully and bring discrepancies/ errors, if any, to the notice of Board immediately.

Documents Required with Admit Card:

  • In addition to RBI Grade B Admit Card, candidates need to present a valid Photo ID proof issued by the GOI or the State Government (original as well as a photocopy) for verification.
  • Acceptable photo ID proofs are PAN Card/ Passport/ Driving Licence/ Voter’s Card/ Bank Passbook with photograph etc.

RBI Grade B 2020 Exam Centers

  • For RBI Grade B Examination 2020, candidates can choose one center for Phase-I and one center for Phase–II separately in the online application form
  • Allotment of the exam centers will be on the "first-apply-first-allot" manner based on availability.
  • RBI Grade B 2020 Prelims and main exam will be conducted in 158 and 20 exam cities respectively.

RBI Grade B Exam Centers for Prelims exam

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
Chandigarh Chandigarh
Chattisgarh Raipur, Bhilai
Daman & Diu Jamnagar
Goa Varna
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
Lakshadweep Kavaratti
Madhya Pradesh Bhopal, Gwalior, Indore, Jabalpur
Maharashtra Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune, Solapur
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi Delhi –NCR
Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack, Sambalpur
Puducherry Cuddalore, Villupuram
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
Tripura Agartala
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

Check and Practice Current Affairs 2020 as much as possible for free

RBI Grade B Exam Centers for Main exam

Name of the Examination Cities
Ahmedabad Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai
Chandigarh Nagpur
Chennai New Delhi
Guwahati Patna
Hyderabad Pune
Jaipur Thiruvananthapuram

RBI Grade B 2020 Exam Pattern

  • RBI Grade B is a computer based test having multiple choice questions.
  • The paper will be set in English and Hindi except for the English language section.
  • RBI Grade B exam pattern for Prelims and Main exam are different as shown below:

RBI Grade B Prelims Exam Pattern

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

General Knowledge, 

English Language, 

Reasoning Ability, 

Quantitative Aptitude

200 200 2 hours
Total 200 Questions 200 Marks 120 minutes

RBI Grade B Main Exam Pattern

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

Check Detailed RBI Grade B Exam Pattern


Practice RBI Officer Grade B (Phase II) before appearing for the exam

RBI Grade B Syllabus 2020

The Syllabus is determined by RBI itself. The syllabus varies for Prelims and Main exam as mentioned below:

RBI Grade B Syllabus for Prelims

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

RBI Grade B Syllabus for Main Exam

Papers Syllabus

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.

Books for RBI Grade B Exam 2020

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

Check RBI Officer Grade B (Phase I) during the preparation time


RBI Grade B Exam 2020 Result

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.

  • Candidates, who secure minimum marks as prescribed by the Board in main exam will be shortlisted for the interview round.
  • The ‘corrected-scores’ obtained by each of the candidates in different phases of RBI Grade B Examination 2020 will be normalized using the equi-percentile method.
  • Candidates have to secure minimum marks separately for each test as well as in aggregate, as may be prescribed by the Board.
  • Candidates who qualify for subsequent rounds would be sent notifications via E-mail/ SMS to download Admission Letters or Interview Call Letters.

Steps to Check RBI Grade B Result


RBI Grade B 2020 Interview

  • Candidates are shortlisted for the interview based on total score obtained in Main exam of all categories.
  • Cutoff score for selection in Main exam will be finalized by the Board based on number of vacancies.
  • List of candidates selected for an interview will be published on the official website and interview Call letters will be sent on candidates registered email ID.
  • Interview Round will carry 50 marks. 
  • Candidates may opt for interview either in Hindi or English.
  • Final Selection will be through merit list prepared by the Board by adding up Main exam and Interview marks secured by candidates.

*The article might have information for the previous academic years, please refer the official website of the exam.

Comments


44 Comments
S
saksham mahajan
How do I read business standard newspaper for RBI grade B?
K
kavita rani

Hi Saksham. First of all, you need to understand the RBI Syllabus and analyze clearly what all topics will be asked in the question paper. Make sure that you read the editorial section without skipping anything important. Your main focus must be on Social issues and measures taken by the government, changes in government policies, etc.  Since newspaper reading is an essential part of Self-learning strategies, so reading it will increase your awareness about the latest news, happenings, etc.

L
lakshay kakkar
How do I prepare for the General Awareness section of RBI Grade B exam?
K
kavita rani

Hi Lakshay. In case you don’t get a good score in GA section, then honestly it will become difficult for you to get the job. While preparing for the GK section, you must start reading newspaper like The Hindu or any other Newspaper as it will help you to broaden your knowledge. Also, you must solve more MCQs as it will help you to memorize everything.

A
ashish singh
Will there be a RBI Grade B exam in 2020?
K
kavita rani

Hi Ashish. The Reserve Bank of India (RBI) has announced the official notification for the post of RBI Grade B Officer Exam in September, 2020. All the candidates who are eligible to apply must not miss this golden opportunity.

Y
yash raj singh
What are some good video lectures available for the preparation of RBI Grade B exam?
K
kavita rani

Hi Yash. There are several good quality content videos available on the internet that can be considered while preparing for RBI Grade B exam. Different institutes like Career Power, IBT India, Paramount, etc, keeps in posting videos prepared by the experts on a regular basis.

K
kunal thakrar
Is the RBI Grade B exam very difficult?
K
kavita rani

Hi Kunal. To be honest, RBI Grade B exam is not an easy exam and one need to work hard to crack the exam. Getting a good score is not tough in case you prepare the right exam preparation strategy, and is dedicated to focus on your studies. Have a focused mind as will help get a good score in the exam.

Srijan Naithani's profile photo
srijan naithani
Are students in their final year of the degree also applicable ?
S
shobhna chaturvedi
Hi Srijan, no, only those students who have completed their graduation are eligible for this exam.
Saurabh Patodi's profile photo
saurabh patodi
Hello Sir/mam I have score 60% marks in my pgdm with specialisation finance and marketing but score 57% in my bcom and i belong to general category , am i eligible for Grade B (General) DR vacancy ? Thanks
S
shobhna chaturvedi
Hi Saurabh, yes, you are eligible for this post.
S
santhanakumari c
i am a pg student in computer science.i am eligible or not attend the exam
S
shobhna chaturvedi
Hi Santhana, yes, you are eligible for this exam.
G
gowry sk
Sir I am a post graduate with 60% Marks. Bt I have only 56% for my graduation.Am I eligible to apply
S
shobhna chaturvedi
Hi Gowry, yes, you are eligible to appear in the exam provided you have scored 60% (55% if SC/ST candidate) in all the semesters of the PG degree.
V
vaishnavi jain
My date of birth is 15th September 1999, will I be able to give the RBI Grade B exam in 2020?
S
shobhna chaturvedi

Hi Vaishnavi, no, you are not eligible to apply for this exam as you only those students who are at least 21 years old as on Sep 1, 2019 can appear in the exam.