RBI Grade-B Officer Recruitment Notification – 2018

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RBI Grade-B Officer Recruitment Notification – 2018

Download Call Letter From : 31.07.2018

Exam Date : 16.08.2018

Download Call Letter For Officer (DR) General : Click Here

Download Call Letter For Officer (DR) DEPR : Click Here

Download Call Letter For Officer (DR) DSIM : Click Here

Opening Date : 03.07.2018

Last Date :  23.07.2018

Vacancies : 166

Apply Online : Click here

Official Notification : Click here

(Check Syllabus and pattern here)

Name of Postings

  • RBI Officer Grade B

Age Limit

  • Minimum – 21 years
  • Maximum – 30 years

Age Relaxation

  • 5 Years for SC/ST Candidates
  • 3 Years for OBC Candidates
  • 10 Years for PWD having a disability

Vacancy Details

Name of the Post

No of Vacancy

Officers in Grade ‘B’ (DR) – (General) 127
Officers in Grade ‘B’ (DR) – DEPR 22
Officers in Grade ‘B’ (DR) – DSIM 17
Total 166

 Educational Qualification :

  • General – You must have secured minimum 60% marks in aggregate in Bachelor’s degree, 12th Standard exam, and 10th Standard exam from a recognized institute.
  • DEPR – You must have a Master’s degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics / Finance with minimum 55% marks from a recognized University.
  • DSIM – You must have a Master’s degree in Statistics / Mathematical Statistics / Mathematical Economics / Econometrics / Statistics & Informatics / Applied Statistics & Informatics or Mathematics and one year post graduate diploma in Statistics or M. Stat degree in Indian Statistical Institute or Post Graduate Diploma in Business Analytics with minimum 55 marks in aggregate from a reputed institute like IIT.

Application Fees 

  • General and OBC – Rs. 850/-
  • SC, ST, and PwD – Rs. 100/-

Apply Mode

  • Online Mode

 Selection Process

  • Phase I – Objective type Questionnaire for 200 marks.
  • Phase II – Descriptive Test for 300 marks.
  • Interview – Comprises of 50 marks.

 Date to Note

Event

Date

Online Application starts 3rd July 2018
Last date to apply 23rd July 2018
RBI Grade B Phase I Exam 16th August 2018
RBI Grade B Phase II Exam 7th September 2018

Exam Pattern

For Prelims : Phase I

S. No

Subjects

Number of Questions

Maximum Marks

Exam Duration

1. General Awareness 80 80 2 Hours
2. Quantitative Aptitude 30 30
3. English Language 30 30
4. Reasoning 60 60
  Total 200 200  

For mains : Phase -II

S.No

Subjects

Type of Paper

Maximum Marks

Exam Duration

1. Paper – I

Economics and Social Issues

Objective 100 90 Minutes
2. Paper – II

Finance and Management

Descriptive 100 90 Minutes
3. Paper -III

English (Writing Skills)

Objective 100 90 Minutes

 

 Interview : Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III).. Interview will be of 50 marks. 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.

 Exam Syllabus

 Syllabus for RBI Grade B Phase I Exam

Syllabus for General Awareness

1)      Banking Awareness

2)      Organizations

3)      Year book

4)      Current Affairs

5)      Static GK

1.Banking Awareness

  • Assets
  • liabilities and working capital of a  bank
  • KYC
  • Types of bank customers
  • Types of  Bank Accounts
  • Negotiable instruments
  • MICR
  • IFSC code
  • CTS System
  • Clean Notes policy
  • Fake notes
  • White  Label ATMs
  • NEFT
  • RTGS
  • Banking Correspondence agents
  • Kisan credit card
  • Definition of various RBI rates and their significance.
  • RBI Published notifications on its website
  • RBI functioning
  • Hierarchies: Organizational structure of RBI
  • RBI intervention on currencies
  • RBI Committees
  • CBS
  • ECS
  • SWIFT
  • BankNET
  • RBINET
  • INDONET
  • Digital Signatures
  • Bank guarantee
  • Letter of Credit
  • Bancassurance

2.Organizations

  • Banking structure of India
  • RBI
  • NABARD
  • Banking Ombudsman
  • SIDBI
  • EXIM Bank
  • Cooperative  Banks
  • CIBIL  Planning Commission
  • 5 year plans
  • Finance Commission
  • CRISIL
  • LIC
  • Bretton Woods
  • BASEL
  • World Bank
  • IBRD
  • IMF
  • SENSEX
  • NIFTY
  • Moody
  • S&P
  • Fitch
  • GIC

3.Yearbook

       a) Acts, committees  &  legislation

  • Bank  Nationalization
  • Information  Technology  Act
  • Economic Survey
  • SARFAESI Act
  • FEMA
  • Tarapore  Committee
  • Narsimhan Committees
  • FRBMb) Budget 2017-18
  • announcements
  • tax ceilings
  • deductions
  • FDI
  • policy changes

4.Current Affairs

  • Read pratiyogita darpan, chronicle or any other competitive magazine to brush up your knowledge.
  • Read Newspapers : The Hindu, Economic Times or Mint
  • Read General Awareness  Partiyogita Darpan. You can also use any other current affairs magazine like CST, Chronicle or Wizard.     

Focus on the 5-6 most recent issues of the magazine.
Focus on the following topics within the magazine:

  • Economy
  • International Affairs
  • Politics

5.Static GK

Read about the following terms:

  • GDP
  • GNP
  • PPP
  • HDI
  • Inflation
  • WPI
  • CPI
  • IIPSLR
  • CRR
  • Repo rate
  • Reverse Repo
  • Bank rate
  • MSF
  • Liquidity adjustment facility
  • Priority  sector  lending
  • NPA
  • Capital  Adequacy  Ratio
  • Credit  Ratings
  • Derivatives
  • Options
  • Futures
  • Currency
  • Swaps
  • VAT
  • GST

 Syllabus for Reasoning Ability:   

  • Alphabet
  1. New Word Formation
  2. Arrangement of words in Alphabet Order
  • Alphanumeric Series
  1. Series consisting of Letters & Numbers
  2. Series consisting of Letters, Numbers & Symbols
  • Analogy
  • Blood Relation
  • Classification
  • Coding-decoding
  • Seating arrangement 
  • Syllogism
  • Time and Sequence Test
  • Analytical Reasoning 
  • Statements and Assumptions
  • Statements and Arguments
  • Statements and Conclusion
  • Cause and Effect
  • Course of Action
  • Data Sufficiency
  • Puzzle
  • Inequalities
  • Input- Output
  • Ranking and Arrangement
  • Direction and Sense

Syllabus for Quantitative Aptitude: 

  • Number system
  • Simplification/Approximation
  • HCF and LCM of Numbers
  • Problems based on age
  • Number series
  • Quadratic Equations
  • Percentages
  • Ratio and proportion
  • Average
  • Mixture and Allegations
  • Time and work
  • Pipe and Cistern
  • Speed, Distance and time
  • Partnership
  • Simple and compound interest
  • Permutation and Combination
  • Profit, Loss and Discount
  • Mensuration
  • Data Sufficiency
  • Data Interpretation( Pie charts, Table chart, Bar Graphs, Line charts)

 Syllabus for English Language:   

  • Reading Comprehension (including questions on antonym and synonyms)
  • Cloze Test
  • Sentence Improvement
  • Para Jumbles/ Sentence rearrangements
  • Spotting Errors
  • Double Fillers (Sentence Completion)
  • Idioms and Phrases
  • Phrase Replacement
  • Irrelevant Statements

 Syllabus for RBI Grade B Phase II Exam

Paper-I – Economic and social Issues:

Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatization – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

Paper-II -English (Writing Skills):

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Paper-III -Finance and Management/ Economics/Statistics:

(A) Finance and Management:

(I) Finance

(a) Financial System

  1. Regulators of Banks and Financial Institutions
  2. Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity,etc.), functions, instruments, recent developments.

(c) General Topics

  1. Risk Management in Banking Sector
  2. Basics of Derivatives: Forward, Futures and Swap
  3. Changing Landscape of Banking sector
  4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
  5. Financial Inclusion- use of technology
  6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
  7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
  8. 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),
  9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends.

(II) Management:

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; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal 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. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

 


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