Mock Tests
  • Banking & Insurance
  • Regulatory
  • SSC/Railway Exams
  • Agriculture Exams
  • Punjab Exams
  • AAI Exams
  • Engineering Exams
  • Banking & Insurance
  • Regulatory
  • SSC/Railway Exams
  • Agriculture Exams
  • Punjab Exams
  • AAI Exams
  • Engineering Exams
Agriculture Exams
AAI Exams
Agriculture Exams
AAI Exams

RBI Grade B 2023 Exam

Take RBI Grade B Free Mock Test


RBI Grade B 2023 Overview

Roughly around 3 lakh candidates appear every year for the RBI Grade B exam and it is one of the most reputed exams in the banking sector. As always, the Reserve Bank of India (RBI) will conduct RBI Grade B 2023 recruitment exam for a total of 291 vacancies this year. Its vast syllabus and a limited number of vacancies make it one of the toughest, grandest, and sought-after banking exams in India. And now more and more people want a career in RBI, and that too as a Grade B officer making the competition harder and harder with every passing year.

No doubt, RBI Grade-B Exam is a tough nut to crack! But with proper preparation strategy and regular testing of your skills & newly-acquired knowledge, you'll become part of the RBI family for sure! To be a part of RBI as a Grade B Officer, one has to successfully crack both the phases of the RBI Grade B exam along with the Interview.

To be a part of RBI as a Grade B Officer, you will have to clear both the phases (I & II) of the RBI Grade B exam along with the Interview.

PracticeMock is an all-in-one platform that caters to all the demands of an RBI Grade B aspirant 24/7 with valuable information, notes, updates, RBI Grade B 2023 Mock Tests and much more!

Let's take a dive into the RBI pool to know what an RBI Grade B exam expects from you and how you can clear it on the very first attempt!

RBI Grade B 2023 Notification

Every year, RBI or Reserve Bank of India releases the notification for the Grade B Officers post in the various department of the Reserve Bank of India. For 2023, RBI Grade B notification has already been released for various posts that include:

  • Officers in Grade 'B' (DR) - (General)
  • Officers in Grade 'B' (DR) - DEPR
  • Officers in Grade 'B' (DR) - DSIM

With the release of the official RBI Grade B 2023 notification, RBI revealed having to fill a total of 291 vacancies, out of which 222 posts were for the RBI Grade B General post, 38 for DEPR, and 31 posts for DSIM, this year.

RBI Grade B Officer Exam 2023 Highlights

Exam Conducting AuthorityReserve Bank of India
Post AvailableRBI Grade B Officer
RBI Grade B 2023 Notification StatusReleased
Frequency of ExamOnce a Year
Number of vacancies (2023)291
Selection ProcessPrelims, Mains and Interview
Mode of ExamOnline
Language of ExamEnglish & Hindi
Job LocationAnywhere in India
RBI Help desk011-23711333
RBI Official
Application Fees
  • General- 850/- + 18%GST
  • Other than General- 100/- + 18%GST
Exam Duration
  • RBI Grade B Phase-I Exam: 2 hours
  • RBI Grade B Phase-II Exam: 4 hours 30 minute

RBI Grade B 2023 Vacancy Details 

Castes (SC)
Tribes (ST)
Other Backward
Classes (OBC)$
[email protected]TOTAL
1. Officers in Grade
‘B'(DR)- General
 109 25 17 49 22 222
2. Officers in Grade
 14 4 6(4) 11 3 38
3. Officers in Grade
 9 8(5) 5(5) 6 3 31

RBI Grade B 2023 Eligibility Criteria

Eligibility criteria for RBI Grade B examination are as follows:

Age Limits

A candidate must have attained the age of 21 years and must not have attained the age of 30 years on May 01, 2023 i.e., he/she must have been born not earlier than May 02, 1993 and not later than May 01, 2002.

Relaxation in Age Limit:

  • Up to 2 Years for M.Phil. Candidates and 4 Years for Ph.D. candidates
  • Up to 3 years for OBC candidates or Non-Creamy Layer
  • Up to 5 years for SC/ST candidates
  • Up to 10 years for PwBD (UR), 13 years for PwBD (Person with Benchmark Disability) for OBC, and 15 years for PwBD (Person with Benchmark Disability) for SC/ST

Note: A candidate who has experience as an officer in commercial banks/financial institutions (Public Sector) may claim a maximum of 3-years of relaxation, excluding probation period.

Minimum Education Qualification (as on May 01, 2023)

Officers in Grade ‘B' (DR) – (General): An interested applicant must be a Graduate in any discipline or must have an Equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants) or a Post-Graduate or have an Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters or years.

Maximum Number of Attempts

Candidates belonging to General Category/EWSs, who have already appeared Six times for Phase-I Examination for this post/s in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PwBD, if the posts are reserved for them.

RBI Grade B 2023 Selection Procedure

RBI Grade B Exam is conducted in 3 phases (Phase I, II & III. Phase I or the Prelims exam is an objective-type exam consisting of 4 sections, English Language, Logical Reasoning, Quantitative Aptitude, and General Awareness. Each phase acts as an elimination round, where only those candidates are allowed to appear in the Mains Examination who clear the Phase II exam. Psychometric Test & Interview (Phase III) will be the last or final stage of the exam.

RBI Grade B Phase-I Exam Pattern

RBI Grade B Phase-I exam consists of 4 sections. There is no sectional time limit. The total duration of the RBI Grade B Phase- I is of 120 minutes. There is a negative marking of ¼ for wrong answers. Given below are the distribution marks amongst each section:

SubjectsNumber of questionsMaximum marksDuration
General Awareness808025 minutes
Quantitative Aptitude303025 minutes
English Language303025 minutes
Reasoning606045 minutes
Total200200120 minutes


  1. Candidates have to secure minimum marks separately for each test as well as aggregate, as prescribed by the Board.
  2. There will be penalty for wrong answers marked by you. For every wrong answer marked by you, 1/4th of the marks assigned to that question will be deducted as penalty.
  3. Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in Phase-I. The minimum aggregate cut off marks for being shortlisted for Phase-II of the Examination will be decided by the Board in relation to the number of vacancies.
  4. Roll No. of the candidates shortlisted for Phase-II examination will be published on RBI website tentatively within a week after Phase-I examination.

RBI Grade B Phase-II Exam Pattern

RBI Grade-B Phase-II exam consists of 3 sections. You are given 90 minutes for each section of the exam, making a total time duration of 270 minutes.

Name of PaperType of PaperTime (Minutes)Number of questionsMarks
Paper-I:Economic and
Social Issues
50% Objective Type
Descriptive Type, answers
to be typed with the help of
the keyboard. Candidates
opting to type the answers
in Hindi, may type with the help of either:
(i) Inscript or
(ii) Remington (GAIL)
keyboards layout.
Total 120
Total 100
Paper II: English (Writing Skills)Descriptive, to be typed with the help of the keyboard903100
General Finance and Management
50% Objective Type
50% Descriptive Type
answers to be typed with the help of the keyboard. Candidates opting
to type the answers in Hindi, may type with the help of either: (i) Inscript or(ii) Remington (GAIL)
keyboards layout.


@For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.

All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

RBI Grade B Phase-III- Interview

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 75 marks.

Candidate shall be required to undergo Personality Assessment conducted by the Bank before appearing for the Interview, no marks will be allotted for the same, and will not form part of the final selection criteria. 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 and grace marks as applicable as per extant rules.

RBI Grade B 2023 Syllabus

The applications are required to cover all the topics that make up the RBI Grade B exam 2023 for better performance in the actual RBI Grade B exam 2023. The topics that you must cover to clear the RBI Grade B Phase-I Exam are given below:

RBI Grade B Phase-I Syllabus:


·             Grammar

·             Vocabulary

·             Error Spotting

·             Comprehension

·             Passage Making

·             Jumble words

·             Fill in the blanks

·             Sentence Framing

Quantitative Aptitude

·             Mensuration

·             Time and Work

·             Average, Ratio, Percentages

·             Speed, Distance and Time

·             Mixture and Allegations

·             Permutation and Combination

·             Data Interpretation

·       Probability


·             Puzzles

·             Seating Arrangement

·             Directions and Distance

·             Data Sufficiency

·             Blood Relations

·             Syllogism

·             Coding-Decoding

·             Inequality

General Awareness

·             Banking & Financial Awareness

·             Monetary Policies

·             Economic Terms

·             Current Affairs

·             Financial & Economics News

·             Static GK

·             Government Schemes, Agreement & Deals

·             Banking terms, rates, processes

RBI Grade B Phase-II Exam Syllabus

Given below are detailed-wise topics you need to cover for the RBI Grade B Phase II exam:

Exam PapersTopics
Paper-I: Economic and Social Issues

·             Growth and Development

·             Measurement of growth: National Income and per capita income

·             Sustainable Development and Environmental issues

·             Poverty Alleviation and Employment Generation in India

·             Economic Reforms in India

·             Industrial and Labour Policy

·             Monetary and Fiscal Policy

·             IMF and World Bank

·             WTO

·             Regional Economic Cooperation

·             Social Structure in India

·             Multiculturalism

·             Demographic Trends

·             Urbanization and Migration

·             Gender Issues

·             Privatization

·             Role of Economic Planning

·             Globalization

·             Balance of Payments

·             Export-Import Policy

·             Opening up of the Indian Economy

·             International Economic Institutions

Social Justice:

·             Positive Discrimination in favor of the underprivileged

·             Social Sectors in India

·             Social Movements

·             Indian Political System

·             Human Development

·             Health, and Education.

Paper-II: English (Writing Skills)This paper assesses the writing skill that includes the capability of expressing and understanding the topic
Paper-III: Finance and Management


·             Financial System

·             Regulators of Banks and Financial Institutions

·             Banking System in India

·             Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc,

·             Financial Markets Primary and Secondary Markets

·             Risk Management in Banking Sector

·             Reserve Bank of India- functions, and conduct monetary policy

Basics of Derivatives:

·             Forward, Futures, and Swap

·             Changing Landscape of Banking sector

·             Recent Developments in the Financial Sector

·             Portfolio Investment

·             Public Sector Reforms

·             Role of e-governance in addressing the issues of corruption and inefficiency in the government sector

·             The Union Budget

·             Direct and Indirect taxes

·             Non-tax sources of Revenue

·             GST

·             Thirteenth Finance Commission and GST

·             Finance Commission

·             Fiscal Policy

·             Fiscal Responsibility and Budget Management Act (FRBM)

·             Disinvestments

·             Financial Inclusion- use of technology

·             Alternate source of finance

·             Private and social cost-benefit

·             Public-Private Partnership Corporate Governance in Banking Sector


·             Definition

·             Trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends.

Management-Its nature and scope:

·             The Management Processes; Planning, Organisation, Staffing, Directing, and Controlling

·             The Role of a Manager in an Organisation Leadership: The Tasks of a Leader; Leadership Styles

·             Goals of HRD

·             Performance Appraisal, Potential appraisal, Leadership Theories

·             A successful Leader versus an effective Leader

·             Human Resource Development

·             Concept of HRD and development

·             Feedback and Performance Counselling

·             Career Planning

·             Training and Development

·             Rewards

·             Employee Welfare.

Motivation, Morale, and Incentives:

·             Theories of Motivation

·             How Managers Motivate

·             Concept of Morale

·             Factors determining morale

·             Role of Incentives in Building up Morale.


·             Steps in the Communication Process

·             Communication Channels

·             Oral versus Written Communication

·             Barriers to Communication

·             Role of Information Technology

·             Verbal versus non-verbal Communication

·             upward, downward, and lateral communication.

·             Corporate Governance:

·             Mechanisms of Corporate Governance

·             Factors affecting Corporate Governance.

RBI Grade B Salary and Benefits 2023

Selected Candidates will draw a starting basic pay of ₹55,200/-p.m. in the pay scale of ₹55200-2850(9)-80850-EB-2850 (2) – 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance, Learning Allowance, House Rent Allowance as per rules in force from time to time. At present, initial monthly gross emoluments (without HRA) are Rs. 1,16,914/- (approximately) The House Rent Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.

RBI Grade B 2023 Important Dates

Below are the important dates you should keep a track of, if you are serious about RBI Grade B 2023 preparation.

EventsImportant Dates** 
Website Link Open For Online
Registration of Applications
and Payment of Fees/
Intimation Charges
May 09 – June 09, 2023 (till06:00 p.m.) 
Officers in Gr B (DR)- GeneralPhase – I – Online ExaminationJuly 09, 2023 $
Phase – II – Paper I, II & III Online ExaminationJuly 30, 2023 # 
***Officers in Gr B (DR)- DEPR*Phase – I – Paper I & II Online ExaminationJuly 16, 2023%
Phase – II – Paper I & II Written ExaminationSeptember 02, 2023% 
***Officers in Gr B (DR)- [email protected]Phase – I – Paper I Online ExaminationJuly 16, 2023
Phase – II – Paper II & III Online / Written ExaminationAugust 19, 2023# 

RBI Grade B 2022 Cut-offs

Cut-off is something that is very important to aspirants. While it's extremely difficult to predict the cut-offs of the upcoming exam, we have given you the previous year cut-offs to help you get an idea.

RBI Grade B 2021 Section-wise Cut-off for Phase I

General Awareness16.0016.0012.0010.2510.2510.25
English Language6.006.004.503.753.753.75
Quantitative Aptitude6.006.004.503.753.753.75

RBI Grade B 2021 Overall Cut-off for Phase I

CategoryCutoff Marks (Out of 200)

RBI Grade B- 2019 Phase I Section-wise Category-wise Cut-offs

General Awareness
(Maximum Marks = 80)
(Maximum Marks = 60)
English Language
(Maximum Marks = 30)
Quantitative Aptitude
(Maximum Marks = 30)
Total Score/ Aggregate
(Maximum Marks = 200)

RBI Grade B- 2018 Phase I Section-wise Category-wise Cut-offs

CategoryCut Off Score

Reasoning- 15

Quantitative Aptitude- 7.50

English Language- 7.50

General Awareness- 20

Total Aggregate- 105.75


Reasoning- 10.75

Quantitative Aptitude- 5.25

English Language- 5.25

General Awareness- 14.25

Total Aggregate- 91.75


Reasoning- 10.75

Quantitative Aptitude- 5.25

English Language- 5.25

General Awareness- 14.25

Total Aggregate- 91.75


Reasoning- 12

Quantitative Aptitude- 6

English Language- 6

General Awareness- 16

Total Aggregate- 95.75


Reasoning- 10.75

Quantitative Aptitude- 5.25

English Language- 5.25

General Awareness- 14.25

Total Aggregate- 91.75

RBI Grade B- 2018 Phase II Category-wise Cut-offs

Recruitment StageCategory & CUT OFF MARKS
Aggregate Cut off Marks in Paper- I, Paper-II and Paper- III
in Written Examination for Shortlisting the Candidates for Interview.
(Out of Total 300 Marks)
201.25  186.25180.25180.25180.25

Aggregate Marks in Written Examination (Paper- I, II And III)
and Interview took together obtained by the last
recommended candidate

(Out of Total 350 Marks)


RBI Grade B- 2017 Phase I Section-wise Category-wise Cut-offs

CategoryEnglish (Max Marks = 30)
PWD (OH/HI/VH)4.75
CategoryReasoning (Max Marks = 60)
PWD (OH/HI/VH)6.75
CategoryQuantitative Aptitude (Max Marks = 30)
PWD (OH/HI/VH)2.00
CategoryGeneral Awareness (Max Marks = 80)
PWD (OH/HI/VH)11.00

RBI Grade B- 2017 Phase I Category-wise Overall Cut-offs

CategoryTotal Score (Max Marks = 200)
PWD (OH/HI/VH)64.00

RBI Grade B- 2017 Phase II Section-wise Category-wise Cut-offs

Recruitment ProcessCut-off Marks
Aggregate Cut-off Marks in Paper I, Paper II and Paper III in written examination for shortlisting the candidates for interview (Out of total 300 marks)196.75181.75175.75175.75 
Aggregate Cut-off Marks in Paper I, Paper II and Paper III in written examination and interview taken toethe (Out of total 350 marks)245.75228.00220.50211.25 

RBI Grade B 2023 Job Profile & Emoluments

Curious about RBI Grade B's Salary & what work do RBI Grade B do? Keep reading below:

RBI Grade B Job Responsibilities

RBI has central office located at Mumbai and regional offices located mostly at State Capitals (for eg. New Delhi, Kolkata, Chennai, Dehradun etc). There are more than 30 departments in RBI each one of which has 4-5 sections. And in each section there are 4-5 sub sections. The central office mainly supervises and coordinates between the different departments of regional offices. The duties & responsibilities of an RBI Grade B Officer will depend on what department one is placed. Below are some duties/responsibilities of an RBI Grade B Officer posted in the central office:

  • To inspect the allocated banks on a timely basis in respect with cash vault, KYC AML guidelines, credit appraisal system, IT policy, overall security, functioning of the Board of Directors, adherence to different RBI circulars etc.
  • To write the inspection report and to prepare the bank's balance sheet as per RBI's format by calculating various Financial parameters like CRAR, Gross NPA, Net NPA, Gross Profit/Loss, Net Interest Margin, Forex Exposure, CRR, SLR, etc.
  • To rate the bank as per CAMELS.

RBI Grade B Officer Salary

The pay scale for RBI Grade B Officer Scale-I is 55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. An RBI Grade B Officer gets somewhere around Rs 84,000. The salary will also depend upon the place of posting and the office where one is posted.

Allowances & Other Perks of an RBI Grade B Officer:

  • Dearness Allowance
  • Medical Allowance
  • Education Allowances
  • Fuel Allowance
  • Maid Allowance
  • Mobile Allowance
  • Sodexo Coupons
  • Leave Fare Concession Travel (LFC)
  • Briefcase allowance
  • Spectacles allowance

Exam Date

July 09, 2023

Total Vacancies


Pricing Plan

Flexible pricing options for all the aspirants
RBI Grade B Phase 1 + Phase 2 Objective + Descriptive Tests with Expert Review (2023)

₹ 1599

31st december, 2023
  • 10 Complete Mock Tests for Phase 1 Exam
  • 15 Sectional Tests for Phase 1 (5 each for Quantitative Aptitude, Reasoning and English)
  • 30 Mock Tests for Phase 2 (15 each for ESI & FM) (10 Objective + 5 Descriptive with Expert Review)


I am in the final year of my graduation, am I eligible to apply for this recruitment?

No, you are not eligible. To apply for Officer Grade B, General a candidate must have completed his/her graduation as per the date specified by RBI.

What is the Application fee for RBI Grade B Officer recruitment? +

For general and OBC category candidates, an application fee to apply for RBI Grade B Officer recruitment 2021 is 850/- and for all other (SC/ST/PWD), it is 100/- rupees. There is no application charge for a person who is already working with RBI under any post.

How many times can I appear for this RBI Grade B Officer Exam? +

Candidates belonging to General category can appear for a maximum six times in this exam. It means if you have already given the phase 1 examination for the posts under this recruitment six times earlier, then you are not eligible to apply for this exam seventh time. There is no such limit on a number of attempts for candidates belonging to SC/ST/OBC/PWD for this exam.

Please wait...

Open in app