Reserve Bank Of India Recruitment for Officers in Grade ‘B’ 2018

The Reserve Bank of India invites applications from eligible candidates for Direct Recruitment for the posts of Officers in Grade ‘B’ in various offices of the Bank. Selection for the post will be through a country-wide competitive Examination in two phases i.e. preliminary and Main examination followed by an Interview.

Important Dates

Commencement of on-line registration of application	03.07.2018
Closure of registration of application	23.07.2018
Payment of Examination Fees (Online)	03.07.2018 to 23.07.2018
1. Officers in Gr B (DR) General
Phase-I Online Examination	August 16, 2018
Phase-II Online Examination	September 7, 2018
2. Officers in Gr B (DR) DEPR*
Phase-I Online Examination	August 16, 2018
Paper - II & III Online/Written Examination	September 6 / September 7, 2018 £(To be confirmed in Admit cards)
3. Officers in Gr B (DR) DSIM@
Phase-I Online Examination	August 16, 2018
Paper - II & III Online/Written Examination	September 6 / September 7, 2018 £(To be confirmed in Admit cards)

Official Link: www.rbi.org.in

Total: 166 Posts

Name of the Post:

Officer in Grade B (DR) General: 127 Posts
Officer in Grade B (DR) DEPR: 22 Posts
Officer in Grade B (DR) DSIM: 17 Posts

Educational Qualifications

Post No.1: A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.
Post No.2: 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 in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute. (50% in case of SC/ST/PwBD)
Post No.3: A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an institute of repute; OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

SCHEME OF SELECTION GR B (DR) -GENERAL

Phase- I online Examination (Objective Type):

Sr. No.	Name of Tests	Duration
1	General Awareness	2 Hour total/ 120 Mins
2	English Language
3	Quantitative Aptitud
4	Reasoning Ability

Phase- II online Examination The Phase-II online Examination will be conducted on September 7, 2018, only for the candidates who are shortlisted on the basis of results of Phase-I. The Phase-II examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for Phase-II will be intimated to the candidates concerned along with Admission Letter for Phase-II. Phase–II online examination will consist of three papers as under:

Name of Paper	Type of Paper	Time (Minutes)	Marks
Paper -I: Economic and Social Issues	Objective Type	90	100
Paper II: English (Writing Skills)	Descriptive, to be typed with the help of the keyboard	90	100
Paper -III: Finance and Management	Objective type	90	100

Interview : 50 Marks Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID. Interview will be of 50 marks. Candidate may opt for interview either in Hindi or English. Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.

SCHEME OF SELECTION GR B (DR) -DEPR

Name of Pape	Duration	Maximum Marks
Paper -I Objective Type(on Economics)	120 minutes	100
Paper-II Descriptive Type (on Economics) (Question paper displayed on computer, answers to be written on paper)	180 minutes	100
Paper-III English –Descriptive (To be typed with help of keyboard)	90 minutes	100
Total		300

SCHEME OF SELECTION GR B (DR) -DSIM

Name of Pape	Duration	Maximum Marks
Paper -I Objective Type(on Statistics)	120 minutes	100
Paper-II Descriptive Type (on Statistics) (Question paper displayed on computer, answers to be written on paper)	180 minutes	100
Paper-III English –Descriptive (To be typed with help of keyboard)	90 minutes	100
Total		300

The above main online tests except the Test of English Language will be available bilingually, i.e. English and Hindi.
A candidate has to qualify in Phase I Examination for appearing in Phase II Examination.
Only such number of candidates will be called for interview who stand sufficiently high in merit on the aggregate marks of the Phase I & Phase II, such merit being decided by the Bank in relation to the number of vacancies to be filled in.
Final selection will be on the basis of candidate's performance in the examination and interview taken together in order of merit.