Aspirants are often curious about comparing the pros and cons of the major Banking job profiles of RBI Grade B, and NABARD Grade A to make a well-informed decision of preparing for one of them or both. Both of these managerial level posts are a gateway to humongous opportunities and provides exposure to how our Indian economy including its financial markets, agricultural markets, run.
Hence, in this article we will be comparing a few essential aspects and details of the above-mentioned posts. This will help you in deciding whether you should work hard to beat one of these exams or both if both posts suit your interest abilities.
|Parameters of Comparison||RBI Grade B||NABARD Grade A|
|Organization||Reserve Bank of India||National Bank for Rural & Agriculture Development|
|Mode of Examination||Online||Online|
|Post Offered||Manager||Assistant Manager|
|Selection Procedure||You need to clear three-stages to clear the exam: |
I. Phase 1
II. Phase 2 (Paper 1, 2 & 3
|You need to clear three-stages to clear the exam: |
I. Phase 1
II. Phase 2: (Paper 1 & 2 )
|Eligibility Criteria||Bachelor’s Degree in any discipline.||Bachelor’s Degree in any subject with a minimum of 60% marks.|
|Salary Offered||It offers Gross monthly emoluments of Rs 83,254/-approx.||It offers Gross monthly gross emoluments are Rs.70000/- approx.|
|Probation Period||You will have to undergo a probation period of 2 years from the time of your joining the post.||You will have to undergo a probation period of 2 years from the time of your joining the post.|
|Job Responsibilities||As an RBI Garde B officer you will be posted in any of the RBI offices across the country. The central office of RBI is located in Mumbai and others are the regional offices. Therefore, you will posted across various departments and the work profile will vary as per the department you will be posted in.||As a NABARD Grade A Officer you will have to ork on various policies and programs mandated by Central/State Governments related to Agricultural & Rural Development.|
|Progress or Career Prospects||As an RBI Garde B officer your career progression is as follows: Manager To Asst. General Manager To Deputy General Manager To Chief General Manager To Principal Chief Manager To Executive Director To Deputy Governor||As a NABARD Grade A Officer your career progression is as follows: Assistant Manager To Manager To Assistant General manager To Deputy General Manager To General Manager To Chief General Manager To Executive Director To Director|
|Place of Posting||The RBI Central office or the headquarter is located in Mumbai. Besides, there are 31 Regional offices of RBI all across the country. You can get posted in any of these cities.||NABARD has its head office in Mumbai and its regional offices are in all the state capitals of India. You will be expected to be posted in one of these offices. After a good experience as a manager, you will get a district-level posting as a DDM (District Development Manager). |
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Which is easier to crack, the RBI Grade B or the NABARD Grade A?
The syllabus of both the exams is almost the same with the only difference that NABARD Grade A Exam entertains subjects like Agriculture and Rural Development whereas Finance & Management is not part of NABARD Grade A but of RBI Grade B. Economics & Social Issues are subjects that are also common in RBI Grade B and NABARD Grade-A Exam. It solely depends on your preparations level whether you will find one exam easy or the other tough. You can also attempt NABARD Grade A and RBI Grade B Mock Tests to get an idea of the level of difficulty of the Exams. Mock Tests supply you with questions that are almost similar to that you will face in the actual Exams.
RBI Grade A is a Managerial position that brings in diverse responsibilities. If you are keen on acquiring a lot of knowledge and have an interest in economics, finance, etc., this banking job will prove to be a perfect post for you. On the other hand, if you want to work for development finance (Agriculture & Rural Development) and want to acquire expertise in that area, NABARD may act as heaven for you. As a NABARD officer, you should always be ready for a posting in district HQ as an LDM (Lead District Manager).