RBI Grade B Examination (DR)-General (RBI Grade B) 2020

Exam Highlights
Level of Exam 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

RBI Grade B Exam is a national level competitive examination conducted by the Reserve Bank of India for recruitment of Officers in the Grade B category, in the Common Seniority Group (CGS). The mode of examination is online. The RBI Grade B 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. The RBI Grade B officers start as Managers until they reach the level of Deputy Minister.

RBI Grade B Examination Important Dates 2020

Event Date
Online application Starting Date September 2020
Last Date for application fee payment October 2020
Commencement of Phase-I (Prelims Exam) November 2020
Results of Phase-I (Prelims Exam) December 2020
Commencement of Phase-II (Mains Exam) December 2020
Interview Process To be notified later
Declaration of Final Result To be notified later

RBI Grade B Examination Eligibity Criteria 2020

  1. Nationality
  2. Candidate appearing must be an Indian citizen OR a subject of Nepal OR Bhutan OR Tibetan refugee and should be permanently settled in India.

  3. Educational Qualification
  4. For RBI Grade B officer DR-(General), the candidates appearing in the exam, need to have to a minimum of 60% marks in graduation as well as in 10th and 12th grade (50% in case of SC/ST/PwD).

  5. Age Limit
  6. The age of the candidate to appear in the RBI Grade B examination 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
    SC/ST 35 years
    Person with benchmark disabilities (PwD) 40 years

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

RBI Grade B Examination Pattern 2020

RBI Grade B exam is held in three rounds, namely

1. Prelims,
2. Main exam, and
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 Main exam and interview are the basis on which candidates are finally selected.

Pattern for Phase-I (Prelims)

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

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 (Mains Exam)

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 Economic and social studies
Merit Ranking Nature Objective (Multiple Choice) 90 mins 0.5 100
2 English (Writing Skills)

To test the English writing skills of the candidate along with expression and understanding the topic in English.

Merit Ranking Nature Descriptive 90 mins 100
3 Finance and Management
Merit Ranking Nature Objective (Multiple Choice) 90 mins 0.5 100
Total Marks* 300

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

RBI Grade B Examination Syllabus 2020

Syllabus for Phase-I (Prelims)

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 (Mains Exam)

1 Economic and social studies

    • 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

2 English (Writing Skills)

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

3 Finance and Management

    Financial System

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

    Financial Markets

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

    General Topics

    Risk Management in Banking Sector, Basics of Derivatives: Forward, Futures and Swap, Changing Landscape of Banking sector, Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments, Financial Inclusion- use of technology, Alternate source of finance, Private and social cost-benefit, Public-Private Partnership, Corporate Governance in Banking Sector, Role of e-governance in addressing the issues of corruption and inefficiency in the government sector.

    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).

    Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends

    The questions on Management section will be basic in nature. The topics are given below –

    • 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 vs Written Communication, Verbal vs non-verbal Communication
    • Corporate Governance: Factors affecting Corporate Governance, Mechanisms of Corporate Governance