RBI Grade B Selection Process

RBI Grade B Selection Process: The Reserve Bank of India (RBI) Grade B officers selection process comprises three stages Phase 1, Phase 2, and Interview.

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Get a detailed overview of the selection process to become a Grade B officer in RBI. Follow the blog post carefully. 

RBI Grade B Selection Process 2024: All Details

The Reserve Bank of India (RBI) conducts the RBI Grade B recruitment examination annually. Many young graduates appear in this exam every year with the dream of getting into this apex banking institution. After completing the application process, the most important step comes next is to know the RBI Grade B Selection Process. The selection process involves three stages including Phase 1, Phase 2, and Interview. Go through this article below to gain in-depth insights into the selection process.

RBI Grade B Exam Selection Process: Overview

The RBI Grade B exam is conducted in three stages: Phase 1, 2, and Interview. Check out the overview of the RBI Grade B Selection Process.

Particulars	RBI Grade B Selection Process: Overview
Organization Name	Reserve Bank of India (RBI)
Name of the Exam	RBI Grade B
Vacancies (Expected)	290+ Posts
Selection Process	Phase 1, Phase 2 & Interview
Official Website	www.rbi.org
Notification Release Date 2024	To be Notified Soon

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RBI Grade B Exam Selection Procedure

Once you have acknowledged yourself with the RBI Grade B exam selection process. Then, you can kickstart your exam preparation accordingly. 

Phase 1 Online Examination Pattern

The RBI Grade B Phase 1 is of 200 marks. Candidates have to face 200 questions of 1 mark each in 120 minutes of time duration. For every wrong answer, candidates will be penalized 0.25 marks. 

Sections	Questions	Marks	Time
General Awareness	80	80	25
Quantitative Aptitude	30	30	25
English Language	30	30	25
Reasoning	60	60	45
Total	200	200	120 mins

Phase 2 Online Exam Pattern

The second stage in the selection process is the Phase 2 exam. There are three separate papers objective+descriptive in Phase 2 are English, Economic and Social Issues and Agriculture & Rural Development. 

Sections	Questions	Marks	Time Duration
Paper I: Economic and Social Issues: 50% Objective+50% Descriptive	30 Objective Questions6 Descriptive (4 Needs to be Answered)	100	120 Mins
Paper II: English Writing Skills	3	100	90 Mins
Paper III: Finance & Management50% Objective+50% Descriptive	30 Objective Questions6 Descriptive (4 Needs to be Answered)	100	120 Mins

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RBI Grade B Exam Selection Process for 2024: Interview

Candidates will be selected for the interview based on the marks scored in the Phase 1 and 2 exams. The interview process carries a weightage of 75 marks. It is the final stage in the RBI Grade B recruitment process. The interview panel evaluates the candidates knowledge on finance, economy and communication skills. This stage comes after 1-2 months after the Phase 1 and 2 exams. All the selected candidates appeared in the interview. Then, the final merit is prepared considering the marks obtained in the three stages of the selection process. RBI finally released the appointment of candidates joining as Grade B officers. 

How much time does it take in the RBI Grade B Selection Process?

RBI Grade B exam selection process is conducted in three stages Phase 1, Phase 2, and Interview. The recruitment cycle starts after the release of the notification. We can expect that RBI Grade B 2024 official notification will be out in April/May 2024. Then, the online application will start. Within a month of the release of official notification, the Phase 1 exam is conducted. Then, the Phase 2 exam is conducted in 25 days. RBI announces the exam dates on the release of official notification. The interview dates are announced later on after the Phase 2 exam. 

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