RBI Grade B 2022 Complete Information
Topics Covered: RBI Grade B Officer Exam 2022, Job Profile, Salary, Eligibility Criteria, Selection Procedure, Recruitment, Vacancy, Application Form (including Fees), Exam Pattern, Syllabus, Preparation Tips, Mock Tests, Best Books for Preparation, Admit Card, Previous Year Papers, Exam Analysis, Cut Off, and Result
Getting to be an RBI Grade B officer is a dream that thousands of students all across India hold bear, and considering that you have come here on this page to read the blog, I guess you hold the same vision.
You see, having been an aspirant myself, I do understand why so many aspire to become an RBI Grade B Officer.
The answer is not just the salary and the perks that come complimentary with the job (that is always there) but the fact that you get to work in the nation’s apex banking entity makes one go weak in the knees.
However, I would also like to add that harboring dreams about a nice life is necessary and backing those dreams up with appropriate action and hard work is a requisite.
With that said, let me quickly state that the 2022 RBI Grade B recruitment details are not out yet. I’ll update them as soon as the 2022 notification is released, so to stay updated make sure to bookmark this page.
As for the 2021 RBI Grade B recruitment cycle, it had ended on the 11th of September 2021, with the declaration of the final results.
In this blog, you shall find everything essential that you’d ever want to know about the RBI Grade B exam.
I would recommend that you read through this blog in its entirety and with utmost sincerity. That way you’d be able to gather all the necessary information to help you clear the upcoming RBI Grade B recruitment process.
Table of Content – RBI Grade B Complete Information
|RBI Grade B Exam Basic Information|
|Exam Name||RBI Grade B|
|Post||Grade B (DR) for General, DEPR, DSIM Streams|
|Organisation Name||Reserve Bank of India (RBI)|
|Exam Types||Online Examination|
|Application Fees||General/ OBC/ EWS - Rs. 850/-
SC/ST/PWD - Rs 100/-
|Selection Process||Phase 1: Prelims
Phase 2: Mains
Phase 3: Interview
|Last completed Exam Cycle||2021 RBI Grade B|
|Next Exam Cycle||2022 RBI Grade B|
RBI Grade B Exam
RBI Grade B is one of the most significant banking exams conducted across the country.
The Grade B officer recruitment exam is the only entry-level officers’ exam that is conducted by the RBI, and a great way to enter the prestigious organization of the RBI. Lakhs of aspirants appear for these exams every year.
This makes the RBI Grade B exams one of the toughest and the most competitive government job entrance exams in the nation.
Therefore, clearing the exam would take a lot of hard work, perseverance, and determination on the part of the aspirant.
The exam is essentially divided into 3 Phases.
The first two phases are written exams, whereas the third phase comprises a personal interview round. I have explained more about the same in the sections on the RBI selection procedure and exam pattern given below.
So, basically, the RBI Grade B Officers are mandated with the task of keeping the nation’s economy stable by creating policies and regulations for Indian Banks, as well as maintaining market prices.
Now saying that the post of an RBI Grade B Officer is a prestigious one will be an understatement.
Well, obviously the glory of the post is immeasurable but the pay scale and additional bonuses are also pretty handsome too, might I add.
Another thing to know is that the RBI Grade B openings are published for a variety of posts including- Officers in Grade ‘B’ (DR) – (General), Officers in Grade ‘B’ (DR) – DEPR, and Officers in Grade ‘B’ (DR) – DSIM.
Now with a job that appealing, who’d be crazy enough to not fight for it? But it wouldn’t be the easiest of fights out there, actually scrap that, it wouldn’t be easy at all.
RBI Grade B Officer Job Profile 2022
You might be wondering what the job profile of a ‘Grade B’ officer entails.
Well, an RBI Grade B officer inspects the credit appraisal system of banks, KYC AML guidelines, cash vaults, functioning and the overall security of the branch, and a host of other things.
That said, getting posted as a Grade B officer is a matter of great prestige. It gives the person an opportunity to work as a dedicated, on-ground operative for the apex bank of India.
The officer’s job profile also often involves the task of making sure that banks under his jurisdiction function as per the banking regulations act 1949. This is a great responsibility, as it involves protecting public money and safeguarding the interests of depositors.
Furthermore, depending on your hard work, there’d also be scope for growth within the framework of the organization.
Also, the Job profile would involve a tenure of up to four years during a period of post-trial supervision. Persons are randomly assigned to departments. For example officers with experience in banking might be inducted into HRD or vice-versa.
Moreover, frequent transfers from one division to another are the part and parcel of this job profile.
A segment of Grade B officers might be involved in the policymaking process.
Also, RBI, being the central bank of India, has most of its offices in urban and regional centers instead of the rural ones.
You can read more details about the RBI Grade B Officer Job Profile here.
RBI Grade B Salary 2022
Needless to say that the Grade B Officer rank is one of the most prestigious jobs in the public sector in India.
Every year more than 1 lakh people compete for around 150-200 posts in a three-stage process, and there’s a reason for that.
It’s because the RBI is very liberal in paying Perks and Emoluments for even the smallest of expenses. (I feel like I’m telling you all this repeatedly but gotta do something to motivate you, right?)
The total cost to company (CTC) pays package accounts to be around 13 lacs in metro cities like Mumbai, Delhi, etc.
Click Here to know about the break up of RBI Grade B Salary. (I’m so damn sure, that most of you would rather check the salary break-up than the syllabus).
RBI Grade B Eligibility Criteria 2022
The 2022 RBI Grade B notification yet to be released, so we do not know for certain what the 2022 RBI Grade B eligibility criteria will be like. But since the eligibility criteria are usually the same every year, I have written this section according to eligibility for 2021 for now.
That said, you should fulfill the following criteria, as prescribed by RBI recruitment notification, to apply for the exam:
1) Age Eligibility
- You must be above the age of 21 years but must not have touched the 30th year of your life.
- If you have an M.Phil. or a Ph.D. degree, the upper age limits are 32 and 34 years respectively.
- If you belong to the SC/ST category, there is a provision for relaxation of the upper age limit up to 5 years.
2) RBI Grade B Officers (General) Educational Qualification Requirements
|Post||Minimum Education Qualification|
|General||You should have 60% marks in Graduation (50% for SC/ST/PwBD applicants) or Post Graduation with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years. Many students ask if 60% marks in graduation should be in each semester or average. Well, relax, it’s an average of all semesters.|
For more details, read the full Eligibility Criteria for DEPR, and DSIM separately.
There are certain nationality requirements as well you may also read about them on the blog linked above.
Now, I’ve said this before, I’ll say it again. No good thing comes without terms and conditions, and the terms are pretty steep in this case given that the eligibility Criteria are just a nice little time bomb wrapped in very sweet packaging.
I say that because the criterion of educational qualification is as I said a steep one as far as the RBI Grade B exams are concerned. It’s steeper than that of most other Indian government entrance exams, even steeper than ones prescribed for the UPSC exam.
RBI Grade B Recruitment Process 2022
Since the 2022 RBI Grade B notification is not out, we don’t know the details of 2022 recruitment yet. However, the recruitment process is mostly similar every year, I have shared the recruitment process of 2021. Through this, you can easily get an idea about the 2022 recruitments and that should be enough for you to start point for your preparation.
That said, the Recruitment/Selection Process for RBI Grade B (General), consists of the following 3 Phases:
- Preliminary Exam (Phase 1)
- Mains Exam (Phase 2)
- Interview (Phase 3)
One needs to clear all three Phases to be selected for the post of Grade ‘B’ Officer.
So, to elaborate the Prelims exam is basically an elimination round. Out of the lakhs of candidates that appear for this exam, only a few thousands are selected to appear for the next phase or the Mains.
The Mains exam is conducted roughly a few weeks after the Prelims. Now the Mains exam is one of the phases meant for the selection of the top-scoring candidates. In this exam, every candidate that scores above the cut-off marks is allocated a score.
Those with the highest scores in the Mains are then selected for the final phase or the Interview round. This phase too, like with the Mains, is meant for the selection of the highest-scoring candidates.
Here too the candidates are scored according to their respective performances.
After the interview round is over, the final list of the selected RBI Grade B candidates is prepared considering the combined scores of those with the highest marks in both, the Mains, and the Interview round.
The candidates that find their names on the final list are eventually the ones that are recruited and get to train as RBI Grade B officers.
RBI Grade B Vacancy 2022
The 2022 RBI Grade be vacancy will only be known after the 2022 notification is released. I’ll update as soon as it comes out. So, for now, I have shared with you the 2021 vacancy.
In 2021 the RBI announced recruitment for 322 vacancies for the post of Grade ‘B’ Officer. So, given the sheer number of students that’ll most probably be applying for it this year, you should sure as hell be ready for a tough competition.
Anyway, 2021 vacancies were announced by RBI for Grade B through 2021 the official notification. Know more about the RBI Grade B official notification for 2021 and check the pdf on the linked blog.
The vacancies are divided into categories (GEN, OBC, SC & ST).
So, here are the details of Vacancies for the RBI Grade B (DR) General post of the year 2021:
^ Out of 270 vacancies for Grade ‘B’ (DR)-General, 13 vacancies are reserved for Persons with Benchmark Disability (PwBD) Category, viz. 3 vacancies for candidates of blindness and low vision; 4 vacancies for deaf and hard of hearing out of which 1 is backlog vacancy; 3 vacancies for locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy out of which 1 is backlog vacancy; and 3 vacancies for multiple disabilities from amongst persons, as detailed below in para 1 of Note for PwBD candidates, out of which 1 is backlog vacancy.
If you want to know the details about the vacancies of the RBI Grade B (DR) DEPR and DSIM for the year 2021, you can check the table given below:
|Post||Number of vacancies||General / UR||SC||ST||OBC$||EWS@||Total|
|Officers in Grade ‘B’ (DR) - DEPR||13||5||3||6||2||29^^|
|Officers in Grade ‘B’ (DR) - DSIM||9||5||5#||3||1||23^^^|
Symbol Key for the Table:
$ If you are a Candidate belonging to the OBC category but coming in the ‘Creamy Layer’. You are not entitled to an OBC reservation. You should indicate your category as ‘General (GEN)’.
@ Reservations for Economically Weaker Sections (EWSs) in the recruitment for RBI Grade B Officer is governed by Office Memorandum No.36039/1/2019-Estt(Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India. The EWS candidates should note that in case they are not in possession of the “Income & Assets Certificate” as per the extant DoPT guidelines on or before the closure of the online application date, such EWS candidates should apply under the ‘General (GEN)’ category only.
# Includes 4 backlog vacancies.
^^ Out of 29 vacancies for Grade ‘B’(DR)-DEPR, 1 vacancy is reserved for PwBD candidate under locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims, and muscular dystrophy. No backlog vacancy exists for PwBD candidates for DEPR posts.
^^^ Out of 23 vacancies for Grade ‘B’(DR)-DSIM, 1 vacancy is reserved for PwBD candidate under deaf and hard of hearing which is a backlog vacancy, and 1 vacancy is reserved for multiple disabilities from amongst persons, as detailed below in para 1 of Note for PwBD candidates, which is not a backlog vacancy.
I’m getting a sense I’m giving a tad bit of anxiety to all of you reading the blog, but don’t worry, numbers don’t stop you from achieving what you’ve set your heart to.
RBI Grade B Application Form 2022
The 2022 RBI Grade B application form will only be available once the 2022 recruitment notification get released.
Talking about the 2021 RBI Grade B notification, it was released on 28th January 2021.
Therefore, filling out the RBI Grade B 2021 online Application started on 28th January 2021 and the last date to fill the 2021 Online Application is 15th February 2021.
Now there’s not much to discuss when it comes to an application form except for the fact that DON’T MESS IT UP.
To know how not to mess it up, Read here how to fill Application Form.
RBI Grade B Application Fees 2021
Okay, this is something that gets asked a lot; the topic of application fees. so, The Payment of the RBI Grade B Exam fee is the final step in filling the online application form.
Meaning that your application is considered final only when you successfully pay the Application fee.
You can only pay the RBI Grade B 2021 application fees online via Credit/debit card/IMPS/net-banking/mobile wallets and cash cards.
On the successful payment of the Exam fee, you’d receive an e-receipt from the website stating the same.
This e-receipt would need to be saved by you along with the application form.
In case your RBI Grade B 2021 Exam fee payment is not successful, then you’d have to start the Exam fee payment process from the beginning.
|SC/ ST/ PwD||Intimation Charges only||INR 100/-|
|GEN/ OBC/ EWS||Application fee including Intimation Charges||INR 850/-|
RBI Grade B Exam Pattern 2022
The 2022 RBI Grade B exam pattern will be known once the 2022 notifications come out, but since there is very little chance of it being that different from its 2021 counterpart, knowing about the 2021 exam pattern would give you ample idea about the 2022 exam pattern.
The 2021 Prelims exam was objective while the Mains exam is objective as well as descriptive in nature.
Now, RBI had made some major changes in the RBI Grade B 2021 Mains exam pattern.
Earlier ESI and FM papers were objective in nature but 2021 exam onwards, the ESI and FM papers will have both objective and descriptive questions.
Read about the Updated Exam Pattern for 2021 here.
RBI Grade B Syllabus 2022 – Phase 1 and 2
As is the case with application form, we are still waiting for the exact RBI Grade B syllabus for 2022.
However, if we go by past trends, it can be assumed that the syllabus for the 2022 RBI Grade B exam will probably be similar to its 2021 counterpart.
That said the 2021 syllabus for the RBI Grade B exam was a formidable one. The exam tested you in three phases, namely phase 1 or the Prelims, Phase 2 or Mains, and Phase 3, which is the interview round.
The topics asked in Prelims in addition to the Mains of RBI Grade B exam varies to a great extent.
So, the prelims stage was made up of the common sections that were requested in exams, i.e., Quantitative Aptitude, Reasoning, English, and General Awareness.
Next were the Economic & Social Issues (ESI), Finance & Management (F&M), and English Descriptive papers which together constituted the RBI Grade B Phase 2.
Moreover, the RBI Grade B 2021 Prelims examination included 4 sections, with a complete 2 hours interval. One important point to note here is that there was sectional timing as well in the 4 sections.
You can go through RBI Grade B Phase 1 & 2 Syllabus here.
RBI Grade B Preparation Tips 2022
By this point in the blog, I think I have made it clear enough that the level of the 2022 RBI Grade B exam will be pretty tough.
Therefore, having a proper study plan before starting to prepare for this exam is probably (most definitely) the best decision you could make.
That said, preparing and going through an overall strategy and a sectional strategy for this exam will eventually help you to score better.
Check here to read more about this approach to prepare for RBI Grade B Exam.
RBI Grade B Mock Tests & Books
Right off the bat, let me tell you, that reading from the right books, and solving the various RBI Grade B mock tests can make all the difference in the world when it comes to cracking the exam.
You see when you make the effort of trying to look for the right books for your preparation you aren’t actually squandering your time and energy, rather you are saving them instead.
How, you ask?
Well, firstly, there are certain books that are so relevant from an exam point of view, that there might be chances of questions being asked in the actual exam from that very book.
Secondly, reading about topics from a single book would take a lot less time than reading the various topics from a number of books.
So, yeah reading from the right books is absolutely essential to preparing well for the RBI Grade B exam.
Now, to talk about Mock Tests, it’s imperative that you regularly test your waters by solving high-quality RBI Grade B mock tests. I often say that preparing from the books to cover the syllabus and solving mock tests go hand in hand, one after the other.
For instance, first, covering the topics of the RBI Grade B syllabus from the right books, and then practicing on mock tests to gauge your strong and weak points.
Check the recommended RBI Grade B Books for Phase 1 & Phase 2 and Access Mock Tests here.
RBI Grade B Admit Card 2022
The release dates of the 2022 RBI Grade B admit cards will be updated as soon as they are known to us. But for now, I have shared with you the admit card-related dates of the 2021 Mains exam.
The Admit card for the Phase 2/Mains 2021 RBI Grade B exam was available for download & print on the RBI’s official website from 20th March 2021 onwards to 31st March 2021, because the next day, was the Mains exam itself.
To know more about the RBI Grade B Admit Card and the steps to download it, check the linked blog.
RBI Grade B Previous Year Question Papers
If you want to crack the RBI Grade B exam, you’d need to solve as many previous year question papers as you can. Solving these would increase your chances of acing the exam to a great degree.
With that said, the best way you can prepare for the exam would be to first solve a random previous year question paper and then gauge for yourself your strengths and weaknesses.
Then According to your findings, you can begin by first preparing the topics of the RBI Grade B syllabus that you are weak at, and then go over to sharpen the portions you are already strong at.
Following this process, when you are done with the entire syllabus, you can try solving another random previous year question paper to identify the portions of the syllabus that you are still weak at. Then repeat the aforementioned process again.
Repeat the process until you attain the same level of mastery in every topic of the RBI Grade B syllabus.
Lastly, if you have the god of luck on your side, you might just come across certain questions in your RBI Grade B paper, that you had already encountered while solving the previous year question papers.
Having said that I have compiled for you a bunch of RBI Grade B previous year question papers.
RBI Grade B Exam Analysis 2022
By now you know the syllabus and other important things for RBI Grade B Examination. But merely just knowing the syllabus won’t solve the purpose.
In addition to that, you must know the type of questions that are asked from each section (such as Quant, Reasoning, English, General Awareness, Finance & Management, Economics & Social Issues).
Don’t worry I have covered that also (n the blog linked below) since I have promised to help you at every stage.
RBI Grade B Cut Off 2022
The 2022 RBI Grade B cut-offs will be known only when they are first released after the 2022 Prelims. So, for now, I have mentioned the dates of the 2021 cut-offs only.
The Cut Off marks for the 2021 recruitment cycle of the RBI Grade B Phase 1 Exam were released on 31st March 2021. You can check them in the table below.
As for the Phase 2 cut offs, the cut off marks of the 2021 RBI Grade B Phase 2 and the overall 2021 RBI Grade B cut off marks were announced on the 20th of September 2021.
I think I speak for all when I say, the release of the cut offs couldn’t be described better than the saying “eternal doomsday”.
It feels never-ending and also absolutely exhausting. Every minute their release is delayed feels like a minute I could be closer to banging my head in the wall.
Okay, I agree I might have done that once. I also agree that it’s not as exhausting for everybody as it is for me but God, I get angry while talking about them.
I apologize for my unnecessary rant there, let’s get back to the topic. The cut off list is provided to assess whether you are selected or not for the next stage.
You can go through the RBI Grade B Phase 1 Exam Cut Off for 2021 provided below:
|Section||Category-Wise Cut Off|
That said, if you want to know about the RBI Grade B 2021 Phase 2 Cut off and the overall RBI Grade B 2021 cut offs, you should check the RBI Grade B 2021 Cut off and the past year’s cut offs here.
RBI Grade B Result 2022
I’ll let you know the result of the various 2022 RBI Grade B phases as and when they are announced. But for now, you’ll have to make do with the 2021 results that I have written about below.
The RBI Grade B Final 2021 Result has been announced, you may check the RBI Grade B 2021 Final Result here.
If you’re one of those, who have an innate need to know and plan things for the future and work on probabilities, then this part of the blog will be helpful to you (not that the rest of the blog wouldn’t be).
I’ve tried to give an overview of everything related to the RBI Grade B Exam in this blog (with a lot of unnecessary gibberish of mine). Having said that, I hope you remember that you’re bigger than your fears and much bigger than anything that life throws at you. Also, hope you found the blog helpful!
Best of Luck!!
About Anuj Jindal
Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.