RBI Recruitment 2021

Latest RBI Recruitment 2021 notifications with list of all current vacancy details, RBI jobs, online application forms and eligibility criteria. The Reserve Bank of India (RBI) is the central bank of India and is one of the architects of the nation’s economy and its decisions touch everyday lives of all Indians. Latest recruitment notifications are announced publicly by its HR department under different categories. RBI regularly hires freshers and experienced professionals for its operations across all India. You can also access the current jobs and download required forms on the official website at www.rbi.org.in – Below is the complete list of all RBI recruitment for the current year where you can find information on how you can apply and register for various opportunities:

RBI recruitment: Latest RBI jobs, recruitment notifications, vacancies, eligibility and form download

RBI Notifications Last Date & Status
RBI Recruitment 2/2021 15th March 2021
(LIVE)
Bank Jobs in India Daily Updates
(LIVE)
Govt Jobs in India Daily Updates
(LIVE)
Organization Vacancies (By Date Posted) Last Date
RBI Recruitment 2/2021 840+ 10th Pass / Office Attendants 15th March 2021
Latest Government Jobs

RBI – Reserve Bank of India

The Reserve Bank of India is the Central Bank of India. RBI is responsible for the supply and issue of Indian rupees and the overall regulation of the Indian banking system. Moreover, the Reserve Bank of India also manages the payment system of the country and works continuously towards the economic development of India. As a result, the Reserve Bank of India hires qualified and talented individuals every year. In this article, we will discuss the different exams conducted by RBI along with other details such as eligibility criteria, exam pattern, and syllabus.

RBI Exams

RBI conducts a number of different exams each year to recruit talented and qualified individuals. Millions of individuals apply each year to get a job with the Reserve Bank of India. If you are also looking to get a job with the central bank of India, the following are some of the most popular exams conducted by the Reserve Bank of India.

  1. RBI Grade B Exam

RBI Grade B is one of the most sought government exams in India. Being a Grade B officer with the Reserve Bank of India offers a great career as it provides lucrative perks, salary, benefits, and job security among others. The RBI Grade B officers work with various departments including DR, DEPR, and DSIM. Being said that, several individuals apply for the RBI Grade B exam each year. Therefore, to ensure that you perform well during the exam, it is crucial to have prior knowledge of the RBI Grade B exam pattern, syllabus, and other details. Knowing all of these details will help you prepare for the exam accordingly.

Exam Pattern

The RBI Grade B exam is divided into three tiers – Phase I, Phase II, and Personal Interview. Phase I exam of the RBI Grade B exam consists of objective questions, whereas the Phase II of the exam includes both objectives as well as descriptive questions. Moreover, in Phase I, candidates have to appear for only one paper, whereas for Phase II, candidates are required to appear for three different papers.

Phase I – Phase I of the RBI Grade B exam consists of four different sections. These include logical reasoning, general awareness, English language, and quantitative aptitude. There are 200 questions in a total of one mark each. Thus, making it a 200 marks paper. Being said that, you get a total of 2 hours for solving the paper.

Phase II – Phase II of the RBI Grade B exam consists of three different papers. Paper I (Economic and Social Issues) consists of 50% objective and 50% descriptive type questions. You get a total of 2 hours to solve the 100 marks paper. Paper-II (English Writing Skills) is a completely descriptive type paper, wherein you get a total of 90 minutes to solve the 100 mark paper. Paper III (Finance and Management) is again a 50% objective and 50% descriptive type paper. You get a total of 2 hours to solve the 100 marks paper.

Based on the aggregate score received in Phase I and Phase II papers, candidates are asked to appear for the Personal Interview round. Being said that, the PI round consists of 75 marks, after which the RBI takes the recruitment decision.

Exam Syllabus

Now that you know the exam pattern and topics of questions for the RBI Grade B exam, let us have a detailed look at the topics from which you can expect the questions in your written Grade B Phase I exam.

For Phase I Exam

  1. Logical Reasoning – Logical reasoning, data sufficiency, seating arrangement, tabulation, puzzles, and others.
  2. Quantitative Ability – Simplification, profit and loss, time and distance, data interpretation, and others.
  3. English Language – Comprehension, miscellaneous, vocabulary, paragraph completion, and others.
  4. General Awareness – Financial awareness, current affairs, general knowledge, static awareness, and others.

Eligibility Criteria for RBI Grade B Exam

The following are the different eligibility criteria that the candidate is required to meet to appear for the RBI Grade B exam.

  1. Educational Qualification – You must hold a graduation degree with at least 60% from any recognized university in India.
  2. Nationality – You must be a citizen of Indian and must also be a permanent resident of India.
  3. Age Limit – You must be in the age group of 21 to 30 years to become eligible for the RBI Grade B Exam.

These are the three eligibility criteria that you are required to fulfill to appear for the SBI PO exam. There is certain age relaxation for minority categories as well. For instance, SC and ST candidates have an age relaxation of 5 years, whereas OBC category candidates have an age relaxation of 3 years.

  1. RBI Assistant Exam

RBI Assistant exam is another popular exam conducted by the Reserve Bank of India to recruit qualified individuals from around the country. Because several individuals appear for the exam each year, it is crucial that to have prior knowledge of the RBI Assistant exam pattern, syllabus, and other details. Knowing all of these details will help you prepare for the exam accordingly.

Exam Pattern

The RBI Assistant exam is divided into two tiers – Prelims, and Mains Exam. Both the prelims and the main exams are conducted online wherein the candidate can choose the language of paper either in Hindi or English. Having said that, the prelims exam is 100 marks and the main exam is 200 marks.

Prelims exam consist of three sections – English Language, Numerical Ability, and Reasoning Ability. The English Language section carries a maximum weightage of 30 marks, whereas the Numerical Ability and Reasoning Ability consist of 35 marks each. Being said that, you get a total of 60 minutes to solve 100 marks prelims paper.

The Mains Exam consists of four different sections – English Language, Quantitative Aptitude, Reasoning Ability, Computer Knowledge, and General Awareness. Each one of these five different sections in the Mains exam consists of 40 questions each of one mark each. Thus, making it a 200 marks paper. In total, you get 135 minutes to solve the 200 marks paper.

Once you have cleared the prelims and the mains exam, you are required to appear for the language proficiency test. Being said that, the language proficiency test is conducted in the local language of the candidate.

Exam Syllabus

Now that you know the exam pattern and topics of questions for the SBI Clerk exam, let us have a detailed look at the topics from which you can expect the questions in your written SBI Clerk exam.

 For Prelims Exam

  1. Reasoning – Logical reasoning, data sufficiency, seating arrangement, tabulation, puzzles, and others.
  2. Quantitative Ability – Simplification, profit and loss, time and distance, data interpretation, and others.
  3. English Language – Comprehension, miscellaneous, vocabulary, paragraph completion, and others.

For Mains Exam

  1. English Language – Comprehension, miscellaneous, vocabulary, paragraph completion, and others.
  2. Quantitative Aptitude – Problems on trains, average, probability, geometry, algebra, and trigonometry.
  3. Reasoning – Logical reasoning, data sufficiency, seating arrangement, tabulation, puzzles, and others.
  4. Computer Knowledge – Languages, History of Computers, Devices, Viruses and Hacking among others.
  5. General Awareness – Political science, banking awareness, RBI terms, current affairs, and others.

Eligibility Criteria for RBI Assistant Exam

The following are the different eligibility criteria that the candidate is required to meet to appear for the RBI Assistant exam.

  1. Educational Qualification – You must have cleared graduation from any recognized institute in India.
  2. Nationality – You must be a citizen of Indian and must also be a permanent resident of India.
  3. Age Limit – You must be in the age group of 21 to 30 years to become eligible for the RBI Assistant Exam.

These are the three eligibility criteria that you are required to fulfill to appear for the SBI Clerk exam. There is certain age relaxation for minority categories as well. For instance, SC and ST candidates have an age relaxation of 5 years, whereas OBC category candidates have an age relaxation of 3 years.

Benefits of Joining RBI

  1. Unmatched Experience

Working with the Reserve Bank of India is a dream of many. It is because the organization provides you a unique experience that combines both the public and the private sectors. Moreover, you get the best career path and ample opportunities to grow in your professional career.

  1. Top among Your Peers

Another advantage of working with the Reserve Bank of India is the ability to stay at the top among your friends and colleagues. Even if you are working as a manager, you get to remain at the top of the financial world. Being said that, with time you will grow at the organization that will allow you to occupy some of the most demanding positions in the financial world.

  1. Obvious Perks

Apart from good designation, great salary, and respect from your friends, some of the other most obvious perks of joining the Reserve Bank of India include furnishing allowances, medical facilities, consumer loans, independent accommodation, laptop, and mobile phone, if required.

Research Internship at the Reserve Bank of India

Every year, the Reserve Bank of India offers research internships to eligible candidates. The research internship is best suited for Ph. D. in Economics, Banking, Finance, or related fields. Candidates get the opportunity to collaborate with RBI researchers on projects to offer policy inputs.

Being said that, the research internship program is initially for a period of 6 months, however, it can be further extended for another 6 months. Not only the internship program provides candidates a great opportunity to learn, but they can also earn a stipend of INR 35,000 per month during their tenure with the Reserve Bank of India.

Career Path – RBI

The growth opportunities with the Reserve Bank of India are quite immense for the right candidate. Of course, you will start as a probationary officer with the Reserve Bank of India. However, if you stick long enough and provide your 100% on the job, you will certainly achieve higher roles in the future. Following is the promotion path followed by a Grade B officer at the Reserve Bank of India.

  1. Grade B officer
  2. Assistant General Manager
  3. Grade C officer
  4. Opportunity to work with IMF, World Bank, Switzerland, and the Ministry of Finance.

Being said that, if you work hard enough, the central bank will definitely honor your commitment with the promotion and other benefits. Therefore, your career path with the RBI solely depends on your performance with the central bank of India.

Roles with RBI

There is no doubt that the Reserve Bank of India is the building block of the country. As a result, the employees play a crucial role in the overall development of India. Being said that, some of the different roles that you can play with the RBI include

  1. Monetary Authority
  2. Issuer of Currency
  3. Manager of Foreign Exchange
  4. Banker to the Government
  5. Bankers’ Bank
  6. Development Role
  7. Researcher

Final Thoughts

RBI Grade B and Assistant exams are some of the most difficult competitive exams. With thousands of individuals giving the exam every year, getting recruitment in the RBI recruitment drive is one of the toughest things for eligible candidates. As a result, it becomes important to know about these exams in a much more detailed and comprehensive manner.

Being said that, there are several benefits of joining the central bank of the country. From excellent compensation to other benefits such as various allowances – there are many things to like about the Reserve Bank of India. Moreover, you also get to have a great career path with the Reserve Bank of India. There are ample different opportunities to grow and learn with the RBI. Therefore, if it is on your mind, start preparing for the different RBI exams. Go through the exam pattern and syllabus in detail and ensure that you prepare accordingly for the various exams.

RBI Recruitment – FAQs

What vacancies are available at RBI today?

You can apply to over 840+ most recently announced vacancies at at the Reserve Bank of India. Please note that all requirements before you can apply, the eligibility criteria and importantly the due date by which you must submit application for RBI vacancies.

What is the eligibility criteria to apply to RBI recruitment?

Anyone qualified and having the following education credentials can apply at RBI latest vacancies. Aspirants having 10th pass or SSC certification can apply to latest RBI jobs.

What is the age limit for vacancies available at RBI?

The required age limit required to be able to apply to these vacancies is upto 25 years for the Office Attendant vacancies. Some relaxation are given to specific categories for which you must take note of.

How can I apply to vacancies available at RBI?

Aspirants can apply for RBI 2021 recruitment through IBPS from the official link provided on this page or visit the RBI official website. The step wise procedure to apply for the given posts is also mentioned in the attached PDF released. Candidates should read the instructions carefully before applying for RBI recruitment.

How do I subscribe to get RBI career updates?

If you are interested to subscribe to get daily RBI career updates, you may do so by subscribing through multiple channels here. We recommend you subscribe to browser notifications where you can get push notifications both on laptop/pc as well as mobile phones. Alternative you can subscribe to our newsletter where you can get email alerts for Reserve Bank of India recruitment alerts.

What is the checklist before applying for RBI jobs?

Candidates having difficulty in applying and filling the online application form for current vacancies at RBI may check out this important checklist before applying. Please read the Reserve Bank of India official notification carefully before starting to apply. For each post you may want to apply, please ensure:
– Age limit & age relaxation.
– Education qualification & experience.
– RBI Selection process & Application fee.
– Job location and Nationality.

Why Recruitment Alerts for RBI Recruitment in 2021?

The in-depth coverage related to RBI recruitment including RBI exam, syllabus, admit card and results makes the Recruitment Alerts one of the best resource for the Reserve Bank of India recruitment in 2021 for all aspirants. You can get RBI recruitment notification as soon as it is released. On top of that, you can get updates for all exams, syllabus, admit card and results at one place here. In addition, you can can:
– Learn how to get job at RBI with latest notifications
– RBI Recruitment notifications (Updated regularly)
– Get Online / Offline Application Forms (for Aspirants looking to apply to RBI recruitment)
– Learn about details on the application process and know how you can apply online or offline to 1000+ vacancies available at RBI
– Learn when to start applying, last or due dates and important dates for exams, admit cards and results.