Officers in Grade B Jobs in Across India - Reserve Bank of India RBI

Anywhere in India
Any Graduate
Last Date to Apply: 23-07-2018
Officers in Grade B - Job Details Date of Posting: 04-07-2018

RBI Direct Recruitment for the posts of Officers in Grade ‘B’ (General) - DR, DEPR and DSIM in Common Seniority Group (CSG) Streams – 2018


RBI invites applications from Anywhere in India - 166 vacancies.

Number of Vacancies:

1. Officers in Grade ‘B’(DR)- General :- 64(General), 20(SC),  10(ST), 33(OBS) = Total 127

2. Officers in Grade ‘B’(DR)- DEPR:- 11(General), 4(SC), 1(ST), 6(OBC) = Total 22

3. Officers in Grade ‘B’(DR)- DSIM 11(General), (1)* (SC), 3(ST), 2(OBC) = Total 17


Pay Scale: 

Starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 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 approximately Rs. 75,831/-(approx.)

Educational Qualifications (as on 01-07-2018):

1. Officers in Grade 'B' (DR) - (General)

A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor's degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

The minimum qualifying percentage or an equivalent grade for the Bachelor's degree will be in aggregate for all semesters / years


2. Officers in Grade 'B' (DR) - DEPR

Essential:

a. 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.

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.

(i) Candidates having Master's Degree with Research/Teaching experience at a recognized Indian/Foreign University/ Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, 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.


3. Officers in Grade 'B' (DR) - DSIM

Essential:

a. 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; OR 

b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an institute of repute; OR

c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years OR

d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

NOTE: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items a, b, c and d above is 50% or an equivalent grade in aggregate of all semesters/ years.

Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.

Note: (i) Candidates possessing M.Phil. and Ph.D. qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.

(ii) Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.

(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.

Age Limit (As on 01.07.2018): Between 21 and 30 years.

Relaxations in upper age limit:

5 years for Scheduled Caste or a Scheduled Tribe

3 years for Other Backward Classes

10 years for Persons with Disabilities.

Other as per government policy


Selection Process for RBI Recruitment 2018 for Officers:

The selection process of Officers in Grade ‘B’ (DR) – (General) posts will be done through ON-LINE examinations in Phase – I and Phase – II and interview.

The selection process of Officers in Grade ‘B’ (DR) – DEPR & Officers in Grade ‘B’ (DR) – DSIM posts will be done through Online/Written examinations and interview.

Scheme of Examination – Officers in Grade ‘B’ (DR) – (General)


Phase-I Online Examination: (Objective Type)

The Paper will consist tests of General Awareness, English Language, Quantitative Aptitude and Reasoning.

This will comprise a single Paper for 200 marks and A composite time of test is 120 minutes.

Phase–II Online Examination

It will consist of three papers as Paper-I (Economic and Social Issues), Paper II (English (Writing Skills)) & Paper-III (Finance and Management)

This will comprise a three Papers for 300 marks and A composite time of test is 270 minutes. (90 Minutes for each paper)

Scheme of Examination – Officers in Grade ‘B’ (DR) – DEPR/DSIM


Name of Paper:

Paper-I Objective Type (Economics) - 120 minutes - 100 Marks

Paper-II Descriptive Type (Economics) - 180 minutes - 100 Marks

Paper-III English – Descriptive 90 minutes - 100 Marks

Total - 300 Marks


Interview:

Candidates will be shortlisted for the interview, based on aggregate of marks obtained in 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.


Application Fees:

Payable from 03.07.2018 to 23.07.2018 (Online payment)

SC/ST/PWD candidates: Rs.100/-

GEN/OBC candidates: Rs.850/-

Employees of RBI (Staff Candidates): Nil


HOW TO APPLY

Candidates are required to apply only online using the website www.rbi.org.in. No other means/mode of application will be accepted.

RBI Recruitment 2018-Important Dates:

Commencement of online registration of application: 03.07.2018

LAST DATE OF RECEIPT OF APPLICATIONS : 23.07.2018

Online Fee Payment: 03.07.2018 to 23.07.2018

Gr. B (DR) – General Phase I Examination: 16.08.2018

Gr. B (DR) – General Phase II Examination: 07.09.2018

Officers in Gr B (DR) DEPR/DSIM Paper – I: 16.08.2018

Officers in Gr B (DR) DEPR/DSIM Paper – II & III: 06.09.2018/07.09.2018


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About Reserve Bank of India RBI

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.

Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.