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RBI Officer Grade B Topper Interview: Naveen Kumar Singh- Time management & previous years’ papers are crucial

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RBI Officer Grade B Topper Interview: Naveen Kumar Singh- Time management & previous years’ papers are crucial

Edited By Bachan Thakur | Updated on Dec 03, 2018 03:45 PM IST | #RBI Grade B Officer

It was the year 2015 when RBI had announced 134 vacancies for the recruitment of Grade B Officers, whereas the number of test takers for the examination was roughly around 2 lakh. The competition was thus high, however, breaking all odds, with just a month’s preparation, Naveen Kumar Singh could secure a place for himself at the RBI by cracking RBI Officer Grade B in its first attempt itself. His active participation in quiz, debates and Olympiads (at district, state and national level) from his school days acted as catalysts to give him the plunge he needed during his adulthood. Moreover, icing on the cake was his encounter with Dr D. Subbarao, the former RBI Governor on the founding day of IIT Kharagpur, which came as a turning point in his career orientation. Naveen was so moved by the speech and intellectual ability of the former RBI Chief that it gravitated him towards RBI.

RBI Officer Grade B Topper Interview: Naveen Kumar Singh- Time management & previous years’ papers are crucial
RBI Officer Grade B Topper Interview: Naveen Kumar Singh- Time management & previous years’ papers are crucial

An alumnus of IIT Kharagpur (B.Tech in Mining Engineering and M.Tech in Financial Engineering), he completed his dual degree in 2015 and decided to sit for RBI Officer Grade B exam right after his college. As they say, where there is a will, there’s a way, the Karnal lad cracked the exam in the first attempt and is now working as a Manager at RBI Mumbai Office. In a conversation with Careers360, Naveen shares tips and tricks to crack RBI Officer Grade B examination. Read the interview below. 

Excerpts from the Interview: 

Careers360: Tell us about your background and when did you qualify RBI Officer Grade B exam?  

Naveen Kumar Singh: I have graduated from IIT Kharagpur in 2015 with a dual degree course (B.Tech in Mining Engineering and M.Tech in Financial Engineering). I decided to sit for this exam straight out of college. So I took the exam in 2015 and the result was declared in 2016.

Careers360: Did you take any coaching? If yes, from where and for how long?

Naveen Kumar Singh: I did not take any coaching. But I had joined Practicemock’s test series for Phase-1 of the exam.

Careers360: Tell us about your current role and responsibility at RBI?

Naveen Kumar Singh: I am currently working as a manager in Operational Data Management Division of Department of Statistics and Information Management (DSIM). Our division is responsible for handling all data of operational areas pertaining to banking, non-banking, and cooperative banking supervision, financial inclusion, financial markets, foreign exchange, payment and settlement systems, internal debt management, and state finance reports. Our division manages this data in RBI’s data repository - https://dbie.rbi.org.in

Careers360: Which of the educational background best suits for RBI Officer Grade B job?

Naveen Kumar Singh: RBI’s induction training at Reserve Bank Staff College, Chennai makes sure that officers from all background are made familiar with intermediate level banking, finance and statistics knowledge. So educational background doesn’t really matter.

Careers360: How should one prepare for a Grade B job at RBI? 

Naveen Kumar Singh: For Phase-1, the key is to practice sufficient type of questions in quant and reasoning. For GK, one should make short notes from any banking current affairs magazine for at least 6 months before exam. 

For Phase-2, be proficient in finance & management subject by solving previously asked questions. I found lecturers available on Mrunal’s website to be quite useful for ESI.


For interview, read about RBI’s functions and be thorough with your biodata. To read in detail about my preparation strategy for RBI Officer Grade B, click on https://qr.ae/TUt1rp.


Careers360: Is coaching important for cracking the exam? If yes, then how much and can you suggest some good coaching institutes from where one must pursue coaching? 


Naveen Kumar Singh: I think coaching is not required for clearing this exam. Almost none of my batchmates took any classroom coaching.

Careers360: In case of self study, how much is the probability of cracking the exam? What should be the preparation strategy for self study?

Naveen Kumar Singh: Self study is sufficient for clearing this exam. One just needs to go through previous years’ papers and practice sufficient types of questions. 


Careers360: Can you refer some good books with Author names for all the sections of Grade B exam?

Naveen Kumar Singh: For Quant I solved Arun Sharma’s Quantitative Aptitude book for CAT and for reasoning I solved R.S. Agarwal’s reasoning book. For G.K. I referred to the Banking and current affairs magazine of Kiran Prakashan and made my own section-wise short notes for revision.


You may also read – Best books for RBI Officer Grade B Examination 


Careers360: Tell us the difference between Officer Grade B and RBI Assistant roles? 

Naveen Kumar Singh: The roles of Officer Grade B and Office Assistant in RBI are markedly different. The hierarchy is as follows - Assistant -> Assistant Manager (Grade A) -> Manager (Grade B). So it takes many years for an assistant to become a Grade B officer. The work of a Grade B Officer is more intellectually involved and less of file work as compared to an assistant.


Careers360: Any online test series you suggest for RBI Officer Grade B exam?

Naveen Kumar Singh: I had taken Practicemock’s test series for Phase-1 and it really helped me a lot in my time management strategy. One should try out all different permutations and combinations of strategies (like ordering of sections in which one attempts exam) in the test series and see what works best for them.  


Also read – RBI Officer Grade B Syllabus and Exam Pattern 


Careers360: Please describe a typical day at work for you as a Grade B Officer.

Naveen Kumar Singh: My usual work days are spent solving data related queries and analyzing data pertaining to different RBI operational departments. Besides that, I am also working on strategic projects, which will impact Indian banking and non-banking sector. Overall, RBI provides immense job satisfaction.


Careers360: What are some of the major challenges that one must be ready to take head on when considering a career in RBI?

Naveen Kumar Singh: Almost 50% of the batch is posted in Mumbai. So, one must be ready to be posted in Mumbai which comes with its own set of fun and challenges. Professionally, I think the senior management in all departments go a long way in making a new recruit comfortable in his/her jobs. 


Careers360: Tell us the complete selection procedure of RBI Officer Grade B exam. Mention salary, growth prospectus, etc. 

Naveen Kumar Singh: The exam involves 3 stages – Phase 1 which is objective, Phase 2 which has 3 papers – Economic & social issues (objective), Finance & management (objective) and English (subjective), and interview. At present, initial monthly Gross emoluments are approximately Rs. 75,831/-(approx.). 


RBI officers go on regular training at RBI Academy (Mumbai), Reserve Bank Staff College (Chennai) and College of Agricultural Banking (Pune) for skill enhancement in core technical areas. Training and deputation at IMF, BIS, OECD and central banks of other countries are common. RBI also funds higher learning like PhD, MS and MBA in both India and abroad through its Golden Jubilee Scholarships. 2 posts of Deputy Governors are reserved for career central bankers. So, you can see the growth prospects are excellent.


You may also read - Know All About RBI Officer Grade B Exam 


Careers360: After which stage is the document verification done and what documents one should take with him/her?


Naveen Kumar Singh: Document verification is done on the day of interview and on the day of joining. Your 10th, 12th and graduation passing certificates along with your previous work experience certificates (if any) are required.


Careers360: Is there any medical test also? If yes, kindly share the medical test procedure.

Naveen Kumar Singh: After the final results, the officers are assigned hospitals near their residence where they go for standard medical tests like of vision, blood test, BP, ECG etc. BMI is also checked and in some cases probation/joining is extended if not considered fit.


Careers360: Is there any training tenure after one is selected? If yes, kindly share the process.

Naveen Kumar Singh: Induction training of 10 weeks (it used to be 15 weeks when I joined) is held at Reserve Bank Staff College, Chennai. Qualified subject experts teach economics, finance, accounting, statistics, etc. Senior RBI officers take classes on functional and regulatory modules (Banking Regulation Act, 1949, RBI Act, 1934, etc). 


Careers360: What are the critical elements one should keep in mind during the selection procedure of Officer Grade B?

Naveen Kumar Singh: For phase 1, practice, time management and minimum proficiency in all sections is the key as there are sectional cutoffs as well. For phase 2, command on finance & management is most crucial. For interview, knowledge of economy related issues in news and functions & roles of RBI is crucial apart from good communication skills.

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Questions related to RBI Grade B Officer

Have a question related to RBI Grade B Officer ?

Hey

Yes you are eligible.

The eligibility criteria, educational qualifications is that candidate should have passed graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants).

Hope this helps.

https://www.google.com/amp/s/competition.careers360.com/articles/rbi-grade-b-eligibility-criteria/amp

Hello,

The eligibility for RBI Grade B Officer General is simply passed graduation in any discipline from a recognized University securing 60% aggregate, there is relaxation of 5% for reserved categories, or passed postgraduation from a recognized University securing 55% aggregate,

in case of RBI Grade B Offficer DEPR the eligibility criteria is passed Master's Degree in Economics /  Integrated Economics/Econometrics / Quantitative Economics / Mathematical Economics / Course/ Finance securing 55% aggregate or passed  PGDM/ MBA Finance with at least 55% aggregate,

for RBI Grade B Offficer DSIM , the eligibility criteria is Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay securing 55% aggregate, there is relaxation of 5% for reserved categories, or passed Master's Degree in Mathematics securing 55% aggregate, there is relaxation of 5% for reserved categories, and passed one year post graduate diploma in statistics or related subjects , or passed M. Stat from Indian Statistical Institute securing 55% aggregate, or passed Post Graduate Diploma in Business Analytics (PGDBA) from ISI Kolkata/IIT Kharagpur/IIM Calcutta with securing 55% aggregate.

Hi,

The Rbi grade b officer duty is that

Handing the currency issues and its circulation ,

ensuring the nation's  financial stability

handling government  and central bank account

To become ana rbi grade b officer there will be aexam conducted which is a country wide examination in three phases

Preliminary

Mains

Interview

Who gives the best output they will get selected

But first of all you have to know about the exam syllabus

For that check the given link below

https://competition.careers360.com/articles/rbi-officer-grade-b-syllabus-exam-pattern

All the best!

Hey Subhi!


As a college student,you need to manage both your college studies as well as your RBI Grade-B preparation.


1.First,you need to read the syllabus thoroughly.

This link has RBI Grade - B syllabus and exam pattern.

https://competition.careers360.com/articles/rbi-officer-grade-b-syllabus-exam-pattern/amp#aoh=16255572817300&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

2.After that make a list of best books for your preparation.

Always make the book list by keeping the syllabus in your mind.

This link has list of books for your preparation.

https://competition.careers360.com/articles/best-books-to-prepare-for-rbi-officer-grade-b/amp#aoh=16255574210320&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

3.Make a routine for your college studies and for RBI grade B exam preparation.Follow it religiously.

4.You can also watch some videos to get to know the RBI grade - B stategy,what to read and what not to read,how to manage time ,how to keep yourself motivated throughout the preperation etc. on any platform.

5.Watch interviews of toppers to improve your communication skills and vocabulary.


Know more about the RBI grade - B exam here -

https://competition.careers360.com/exams/rbi-grade-b-officer/amp#aoh=16255578276360&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s



I hope this answer helps you.

Feel free to ask if you have any more queries.

All the best for your preparation!

Hello,

UPSC examination is a civil service examination in India. If you crack this examination you will be become IPS, IAS, IFS , IRS etc  actually so many government position will be required from this examination.

This examination conducted by two phases one is preliminary and 2nd is mains. After clear both phase you have to clear the interview round and then you are selected. After selecting your training period is continuing for 2 years and then you are getting your job as government service officer. And during training period you also get paid from government because this time you are also a government trainee officer.

So many subjects you have to study for crack this examination like economics, law, anthropology, sociology, history, medical science, public administration, psychology, geology, commerce and accountancy, agriculture, philosophy, civil engineering, mechanical engineering, animal husbandry, current affairs etc.

For age limit candidate must be 21 years old and not less than that and upper age will be 32 years old. You have to complete your graduation degree minimum. This is the main eligibility criteria for UPSC examination.

All the best.


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Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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