Applications (App.) are invited for the post mentioned below in Reserve Bank
of India (RBI/Bank) from Indian citizens, citizens of Nepal and subjects of
Bhutan, Tibetan refugees (who came over to India before 1st January 1962)
and persons of Indian origin who have migrated from Myanmar and Sri Lanka
with the intention of permanently settling in India and in whose favour
Eligibility Certificates have been issued by Government of India.
applying, candidates should ensure that they fulfill the eligibility
criteria for the post. The Reserve Bank of India Services Board, hereinafter
referred to as 'Board', would admit to the Examinations all the candidates
applying for this post with the requisite fee (wherever applicable) on the
basis of the information furnished in the ON-LINE application and shall
determine their eligibility only at the final stage i.e. interview stage. If
at that stage, it is found that any information furnished in the ON-LINE
application is false/ incorrect or if according to the Board, the candidate
does not satisfy the eligibility criteria for the post, his/ her candidature
will be cancelled and he will not be allowed to appear for interview.
Candidates are requested to apply only ON-LINE through Bank's website
www.rbi.org.in No other mode for submission of application is available.
Officers in Grade 'B' (General) – (Direct Recruitment - DR)
Total Posts: 98
Age Limit : Between 21 and 30 years (candidates must have been
born not earlier than 02/06/1983 and not later than 01/06/1992). For
candidates possessing M.Phil. and Ph.D. qualification, upper age limit will
be 31 and 33 years respectively. For candidates having experience as an
officer in Commercial Bank/Financial Institution in Public Sector, upper age
limit is relaxed to the extent of number of 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. Refer item 5 below for relaxation in upper age limit
for specified categories.
Pay Scale : Selected Candidates will draw a starting basic pay of
Rs.21,000/- p.m. in the scale of
Rs.21000-1000-30000-EB-1000-32000-1100-36400 applicable to Officers in Grade
B and they will also be eligible for Dearness Allowance, Local Allowance,
House Rent Allowance, Family Allowance, and Grade Allowance as per rules in
force from time to time. At present, initial monthly Gross emoluments are
Educational Qualifications (as on 01/06/2013):
i) A First Class Bachelor's Degree with a minimum of 60% marks or an
equivalent grade, in aggregate of all semesters / years ;
ii) A Second Class Master's Degree with minimum of 55% marks or an
equivalent grade, in aggregate of all semesters / years;
iii) A Doctorate Degree; with minimum of 50% marks or an equivalent
grade, in aggregate of all semesters / years in Master's Degree;
iv) Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor's
v) A Post Graduate Diploma in Management / MBA qualification from
institutions recognized by Government of India / University Grants
Commission, with Graduation / Bachelor's Degree.
Scheme of Selection:
Selection will be through Examinations and Interview. Examinations will
be held in two phases
- Phase-I ON-LINE Examination (Objective Type)
- Phase-II Written Examination (Descriptive type)
(I) Phase-I ON-LINE Examination (Objective
This Paper approximately of
3 hours duration for 200 marks will
be held on, the August 17/24/25, 2013.
Depending on the number of candidates , the examination may be held on some
other days also. A candidate , however, has to appear for examination on
only one day. The date & venue on which a candidate has to appear for
examination will be specified in the Admission letter to be downloaded by
the candidate. The Paper consists tests of i) General Awareness ii) English
Language iii) Quantitative Aptitude and iv) Reasoning. Other detailed
information regarding the examination will be given in an Information
Handout, which will be made available for the candidates to download along
with the Admission letter for examination from the RBI website.
Candidates have to secure minimum marks separately for each test as well
as aggregate, as prescribed by the Board. Candidates, who secure minimum
marks separately for each Test, as prescribed, will be shortlisted for
Phase-II of the Examination based on the aggregate marks obtained in the
Objective Test. The minimum aggregate cut off marks for being shortlisted
for Phase-II of the Examination will be decided by the Board in relation to
the number of vacancies. Roll No. of the candidates shortlisted in Phase-I
of the On Line Examination ('OE') will be published on RBI website and a
brief notice thereof in leading newspapers in September/ October 2013.
(II) Phase-II Written Examination (Descriptive
The Phase-II Written examination (WE) will be conducted in October/
November 2013 (tentative) only for those candidates who are shortlisted for
the same. The date and time-table will be intimated to the candidates
concerned at the appropriate time. The Examination will consist of three
Descriptive Type papers –
- Paper I – English
- Paper II – Economic and Social Issues and
- Paper III – Finance and Management.
Each of these papers is of 3 hours duration carrying 100 marks.
Rs.400/- (Rupees four hundred only).
No fee is payable by SC/ST/PWD candidates. Fees are required to be paid
only in the manner prescribed in this advertisement (item 8 below). Fees
once paid will not be refunded under any circumstances.
How To Apply
Candidates have to apply only ON-LINE through the Bank's website i.e.
www.rbi.org.in from 12/06/2013 to
11/07/2013. Detailed instructions for applying ON-LINE are available on the
website. Candidates need not submit the system generated print out (hard
copy) of the ON-LINE application to the Board's office.