RBI Grade B (DR)-DEPR Exam 2021

Eligibility | Dates | Pattern | Syllabus

Last Updated on 12th October, 2021
RBI

The RBI Grade B (DR)-DEPR Exam is a national level competitive examination conducted by the Reserve Bank of India for the recruitment of Officers in the Grade B category, in the Common Seniority Group (CGS). The mode of examination is online. The RBI Grade B (DR)-DEPR Officers post is one of the most longed for the post in the banking sector.

Recruited officers can be located in any part of the country. The exam is conducted in both Hindi and English. RBI Grade B officers perform day to day activities in the bank, maintaining order in the bank and the cash inflow. The overlooking of the swift functioning of banks under RBI is also a responsibility of an RBI Grade B officer.

Exam Highlights
Level of Exam Post Graduate, National Level
Exam Medium English, Hindi
Exam Frequency Once in a year
Purpose of the Exam Recruitment of Grade B officers in RBI
Conducting Body Reserve Bank of India
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RBI Grade B (DR)-DEPR Exam Eligibity Criteria 2021

  1. Nationality
  2. For appearing in the RBI Grade B (DR)-General exam a candidate must be a citizen of India.
    For other services, a candidate must be either:—
    (a) a citizen of India, or
    (b) a subject of Nepal, or
    (c) a subject of Bhutan, or
    (d) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or
    (e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
    Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

  3. Educational Qualification
    1. 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; OR
    2. PGDM/ MBA 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; OR
    3. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.
      Note: SC, ST and PwBD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master’s Degree examination or equivalent recognized qualifications are eligible to apply.
      Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.
      Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
    4. (i) Candidates having Master’s Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in the upper age limit to the extent of a number of years of such experience subject to a maximum of three years. For experience, the probationary period will not be reckoned.
      (ii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

  4. Age Limit
  5. The age of the candidate to appear in the RBI Grade B (DR)-DEPR Exam should be minimum of 21 years and maximum of 30 years.
    However, there are age relaxations for candidates belonging to the reserved categories. They are given below in the table:
    Category Upper Age Limit
    OBC 33 years
    Ex-employees of Banking Institutions 35 years
    Ex-servicemen 35 years
    SC/ST 35 years
    Person with benchmark disabilities (PwD) 40 years
    ECOs/SSCOs 35 years
    *Note

    (i) For Gen/EWSs up to a maximum of 10 years in the case of PwBD. For SC/ST/ PwBD up to a maximum of 15 years and for OBC PwBD up to a maximum of 13 years, subject to reservation of vacancies under the respective post. Relaxation in the upper age limit for PwBD will be subject to the posts having been identified suitable for such disabilities.

    (ii) For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

  6. Restrictions on Attempts
  7. The number of times candidates are permitted to take the RBI Grade B (DR)-DEPR Exam is given below:
    Category Number of Attempts
    General 06
    SC/ST, OBC and PwD No restriction

RBI Grade B (DR)-DEPR Exam Important Dates 2021

Event Date
Starting Date of Application January 28, 2021
Last Date of Application February 15, 2021
Last Date of Fee Payment February 15, 2021
Commencement of Phase-I Exam March 6, 2021
Result of Phase-I Exam To be notified.
Commencement of Phase-II Exam March 31, 2021
Phase-II Result September 12, 2021
Date of Interview To be notified.
Declaration of Final Result To be notified.

RBI Grade B (DR)-DEPR Exam Pattern 2021

RBI Grade B (DR)-General exam consists of three phases, namely:

1. Phase-I online Examination (Objective Type),
2. Phase-II online Examination,
3. Interview.

The exams are conducted in online mode in two languages English and Hindi. Candidates who clear the Prelims qualify for the main exam. Candidates are invited to the interview round based on the score secured in the three papers in the Main Exam. RBI decides the minimum cut off for clearing the Main Exam. Eligible candidates are contacted via registered mail or phone number for the interview round. Performance in the Main exam and interview are the basis on which candidates are finally selected.

Pattern for Phase-I Online Examination (Objective Type)

The pattern/scheme of the Phase-I (Preliminary) exam is given below. Total Duration of the Exam is 120 minutes (2 hours). However, there will be a sectional duration for each section.

Sl. No. Name of the Paper/Section Nature Nos. of Questions Question Type Duration Negative Marking Marks
1 General Awareness

Questions on various essential fields of general knowledge.

Merit Ranking Nature 80 Objective (Multiple Choice) 0.5 80
2 Quantitative Aptitude

Paper consists of numerical questions based on the syllabus of 10th Grade/ Matriculation level.

Merit Ranking Nature 30 Objective (Multiple Choice) 0.5 30
3 English Language

The Standard of paper is as per the expectations of an Indian graduate.

Merit Ranking Nature 30 Objective (Multiple Choice) 0.5 30
4 Reasoning

The question paper is to test the reasoning ability of the candidate.

Merit Ranking Nature 60 Objective (Multiple Choice) 0.5 60
Total Marks* 200

*The total marks shown here are considered for merit ranking purposes.

Pattern for Phase-II

The pattern/scheme of the Phase-II (Mains) exam is given below:

Sl. No. Name of the Paper/Section Nature Nos. of Questions Question Type Duration Negative Marking Marks
1 Paper-I Objective Type (on Economics)
Merit Ranking Nature Objective (Multiple Choice) 120 mins 100
2 Paper-II Descriptive Type (on Economics)
Merit Ranking Nature Descriptive 180 mins 100
3 Paper-III English – Descriptive

The paper on English is framed to assess the writing skills of candidates. Besides, it will test candidates understanding of the given topic.

Merit Ranking Nature Objective (Multiple Choice) 90 mins 100
Total Marks* 300

*The total marks shown here are considered for merit ranking purposes.

RBI Grade B (DR)-DEPR Exam Syllabus 2021

Syllabus for Phase-I Online Examination (Objective Type)

1 General Awareness

  • Current Affairs
  • Indian Financial Systems
  • Indian Banking Plans
  • Monetary Plans
  • National Institutions
  • Banking Terms

2 Quantitative Aptitude

  • Simplification
  • Profit and Loss
  • Mixtures and Allegations
  • Simple Interest
  • Compound Interest
  • Surds and Indices
  • Work & time
  • Time, Speed & Distance
  • Mensuration
  • Cylinder
  • Cone
  • Sphere
  • Data
  • Interpretation
  • Percentage
  • Number Systems
  • Series Sequence
  • Permutation Combination
  • Probability

3 English Language

  • Reading Comprehension
  • Cloze Test, Para Jumbles
  • Fill in the Blanks
  • Multiple Meaning / Error spotting
  • Paragraph Completion

4 Reasoning

  • Logical Reasoning
  • Tabulation
  • Data Sufficiency
  • Coded Inequalities
  • Seating Arrangement
  • Puzzle
  • Syllogism
  • Alphanumeric Series
  • Blood Relation
  • Input-Output
  • Coding-Decoding

Syllabus for Phase-II

3 Paper-III English – Descriptive

Essay, Précis writing, Comprehension and Business/Office Correspondence.

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