RBI has announced Recruitment of Grade B Officers for 2016. Total posts announced are 161. The time gap between Phase I Exam and Phase Ii Exam is less than 20 days !!.

1. Officer Grade B General - 145 posts
2. Officer Grade B Economic and Policy Research Dept - 12 posts
3. Statistics and IT Dept - 04

1. Important dates:

Online Registration and payment of fee : 3rd May to 23rd May 2017

S.no Posts Exams Dates/th>
1 Officers in Gr B (DR) - General Phase-I Online Examination
Phase-II Online Examination
June 17, 2017 $July 7, 2017£ 2 Officers in Gr B (DR) – (DEPR) Paper –I Online Examination Paper – II & III Online/Written Examination June 17, 2017$
July 6 and / or 7, 2017£(To be confirmed in Admit cards)
3 Officers in Gr B (DR) – (DSIM) Paper –I Online Examination
Paper – II & III Online/ Written Examination
June 17, 2017 $July 6 and / or 7, 2017£(To be confirmed in Admit cards) *The Board reserves the right to make any change in these dates.$ Candidate will have to appear in only one shift of Phase-I examination.
£ Candidate will have to appear in all the shifts of Phase-II examination.

2. Eligibility Criteria :

a. Age (As on 1st May 2017): Between 21 and 30 years

b. Educational Qualification :

Officers in Grade 'B' (DR) - (General) : A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th and 10th standard examinations

Officers in Grade 'B' (DR) - DEPR : A Master's Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.

Officers in Grade 'B' (DR) - DSIM : A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years

3. Number of attempts:
Candidates belonging to unreserved i.e. General Category, who had already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.

4. Scheme of Selection:

Selection for the aforementioned posts will be done through ON-LINE examinations in Phase – I and Phase - II and interview.

(A) Phase-I ON-LINE Examination (Objective Type):

Duration - 120 Minutes
Max Marks - 200

The objective paper comprises of

1. General Awareness
2. English Language
3. Quantitative Aptitude
4. Reasoning.

Cut off marks : Candidates have to secure minimum marks separately for each test as well as aggregate.Candidates, who secure minimum marks separately for each Test will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in the Objective Test.

(II) Phase-II ON-LINE Examination - Paper II is Descriptive and Paper I and III are Objective] :

Paper pattern : Three Papers - 300 marks

• Paper-I – Economic and Social Issues - 1½ hours - 100 marks
• Paper-II – English ( writing skills) – 1½ hours – 100 marks (Descriptive, to be typed with the help of the keyboard)
• Paper-III - Finance & Management – 1½ hours - 100 marks

i) General Awareness
ii) English Language
iii) Quantitative Aptitude and
iv) Reasoning
.

5. Final Selection :

Final selection will be through merit lists which will be prepared by adding marks secured by candidates in Phase-II (Paper-I + Paper-II + Paper-III) and Interview.

6. Application fee : Rs 850 for Gen/OBC and Rs 100 for others.

7. HOW TO APPLY ON-LINE:

Candidates have to apply only online through the Bank's website i.e. www.rbi.org.in from 3rd May to 23rd May 2017.No other means/mode of applications will be accepted.