RBI Officer Grade B Selection Procedure 2019
Bachan Thakur, 22 Nov 2018

RBI Officer Grade B Selection Procedure 2019 – Reserve Bank of India or RBI releases the selection procedure of RBI Officer Grade B every year, through its official brochure. RBI Officer Grade B Selection Procedure 2019 is nothing but the stages of the recruitment process. The selection procedure of RBI Officer Grade B includes stage I and stage II computer based test, interview and document verifiion RBI Officer Grade B. Candidates have to qualify in each of the preceding stage to be eligible for appearing in the subsequent stage of the RBI Officer Grade B Selection Procedure 2019. Check the stage-wise selection procedure of RBI Officer Grade B 2019 examination below.  

Note: RBI Officer Grade B examination is held for General, DEPR and DSIM. The scheme of exams is different for all three departments.  

RBI Officer Grade B Selection Procedure 2019

RBI Officer Grade B Selection Procedure – Stage-I Online Examination (Objective Type): 

The first phase online examination comprises a single paper for 200 marks. The paper is expected to be conducted in the third week of August 2019. The examination may be held in multiple shift, on multiple days. Candidates, whose appliRBI Officer Grade Bions are accepted by RBI have to appear in the first stage online exam. The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method.


Stage I Exam Scheme 

Subject 

Questions 

Marks

Duration

Reasoning

60

60

2 hours 

Quantitative Aptitude

30

30

English Language

30

30

General Awareness

80

80

Total Questions

200

200


Only those candidates will be shortlisted for the stage II examination who manage to secure the minimum cut off marks in the first stage examination. However, candidates must secure the minimum cut off marks separately for each subject/section as well as the aggregate cut off marks in the first stage exam of RBI Officer Grade B. The minimum aggregate cut off marks of stage I examination will be decided by the Board with respect to the number of vacancies. The RBI Officer Grade B result for the first phase will be declared in the form of roll numbers of the qualified candidates by the last week of August 2019. 

RBI Officer Grade B Selection Procedure 2019 - Stage-II Online Examination (Objective Type): 

 

RBI Officer Grade B Stage II examination will be held in the first week of September 2019. The exam will be held only for those candidates who are shortlisted for stage II from Stage I, based on the result of phase/stage-I. According to RBI, the stage-II exam will be held in shifts. Candidates have to appear in all the shifts. All candidates will be issued separate admit cards for each shift. The exam scheme of RBI Officer Grade B stage–II online exam will have three papers as shown under:


Stage II Exam Scheme

Name of Paper

Type of Paper

Time 

Total Marks 

Paper - I: Economic and Social Issues

Objective Online

90 minutes

100

Paper - II: English (Writing Skills)

Descriptive Online, to be typed with the help of keyboard on the computer screen

90 minutes

100

Paper - III: Finance and Management

Objective Online

90 minutes

100



The result of RBI Officer Grade B stage II examination will be declared in the form of roll number of the qualified candidates in a PDF file. Candidates qualifying in the stage II online examination (based on the aggregate marks in Paper I+Paper II+Paper III) will be shortlisted for appearing in the Interview. 


Note: Except the English paper, all other papers of stage II exam will be conducted in English and Hindi languages.  


RBI Officer Grade B Selection Procedure - Stage-III - Interview:


Only those candidates will be eligible to appear in the interview who manage to secure the aggregate marks in Paper I+Paper II+Paper III of stage II online examination. The Board determines the minimum aggregate cut off marks for shortlisting candidates for interview based on the number of vacancies. The admit card for the interview will be sent to the candidates on their registered email ID. The total marks allotted for the interview are 50. Candidates can opt for the interview either in Hindi or English. After the interview, candidates have to wait for the merit list.  


RBI Officer Grade B Selection Procedure - Stage-IV – Final Selection:


A merit list will be prepare finally which will be prepared by adding marks of candidates in stage-II exam and interview. Based on this merit list, the final selection of the candidates will be done. 

 


RBI Officer Grade B Selection Procedure 2019 – Stage V - Document Verification:

Candidates qualifying the four stages, will have to get their documents verified. At this stage, the authority officials will verify and check the documents of the candidates to ascertain their eligibility as per the documents uploaded in the appliRBI Officer Grade Bion form of RBI Officer Grade B exam. Further, the candidates will be considered for the recruitment procedure on fulfilling the recruitment conditions.  


RBI Officer Grade B - Career Prospects

The appointed candidates at RBI Officers Grade B posts will draw a starting monthly salary of Rs. 35,150 per month. Apart from the salary, the candidates will also be eligible for Dearness Allowance, House Rent Allowance, Local allowance, Family Allowance, and Grade Allowance as per rules. As per the current salary package, the Grade B Officers in RBI get the monthly gross emoluments of approximately Rs. 67,933. On their joining initially, the candidates will serve in the Common Seniority Group. When appointed, the candidates will be on probation period of 2 years, which can be extended to four years. Later the seniority of the candidates will be fixed according to the ranking worked out by using the standard percentile score of aggregate marks. Their promotion gradually would be determined by performance. Appointed candidates may be posted or transferred anywhere in India.


Questions asked in RBI Grade B Officers Interview

As we are talking about RBI Officers Grade B selection procedure, it’s also crucial for candidates to know what kind of questions are asked in the interview. We bring a list of questions for your easy reading which are generally asked in RBI Officer Grade B interview. Check below. 


Why do you want to join Banking industry?

Why are you not working for quite a few months now?

Why did you leave your previous job?

Are you open to reloRBI Officer Grade Be to another city?

What do you mean by CRR?

What is PPF?

Why don't you join your father's business?

Tell us, what’s is Bank rate?

What are various services provided by a commercial bank?

What do you understand by SLR?

What is CP?

What are open market operations?

What are the various investments under section 80 (C) of Income Tax Act?

Tell us about Sensex and how it is calculated?

What do you understand by Derivatives?

Tell us the purpose of setting up NABARD?

What do you know about IRDA and its functions?

Tell is about the various functions of RBI?

What is an Option in derivative market?

What are NPAs?

What is Monetary Policy?

Tell us, what do you know about GST?

What is Fiscal Deficit?

What do you know about Service Tax?

What is Mutual Fund?

What is GNP?

What do you understand by a DeMat account?

What is SWIFT?

What is Fiscal Policy?

What is RuPay card and its use?

Tell us about Call option and Put option?

What do you consider a safest type of fund?

What is GDP?

What’s Bull and Bear market?


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