Strategy & Study Skills

RBI Grade B Exam 2023: Notification, Dates, Syllabus, Exam Pattern, and Preparation Tips

Pareeksha Editorial · 3 min read · from the Pareeksha archive

The Reserve Bank of India (RBI) Grade B Exam is a highly competitive exam conducted to recruit eligible candidates for the post of Grade B Officers in the Reserve Bank of India. This exam is known for its rigorous selection process and offers a prestigious career in the Indian banking sector.

Overview of the RBI Grade B Exam

RBI Grade B Latest Notification

How to apply for RBI Grade B Exam

Visit the official RBI website (www.rbi.org.in)

Click on the ‘Opportunities@RBI’ section

Click on ‘Current Vacancies’ and select ‘Vacancies’

Find the RBI Grade B Exam notification and click on ‘Apply Online’

Register and complete the application form

Upload required documents and pay the application fee

Submit the application form and take a printout for future reference

RBI Grade B Exam Application Fee

The application fee for the RBI Grade B Exam varies based on the candidate’s category:

Candidates must have a minimum of 60% marks (50% for SC/ST/PwBD) in Bachelor’s Degree, 12th, and 10th standard examinations.

Phase I: Preliminary Examination

Candidates have to secure minimum qualifying marks in each section and also the overall cutoff marks to be eligible for Phase II. The marks obtained in Phase I will not be considered for final selection.

Candidates who clear Phase I are eligible for Phase II. The marks obtained in Phase II will be considered for final selection. Candidates have to secure minimum qualifying marks in each paper of Phase II and also the overall cutoff marks.

Candidates who qualify in Phase II will be shortlisted for the interview process. The interview carries 75 marks. Candidates have to secure minimum qualifying marks in the interview and also the overall cutoff marks.

The final merit list will be prepared based on the marks obtained in Phase II (Main Examination) and Phase III (Interview). The candidates will be selected according to their ranking in the merit list and the number of vacancies.

Phase I is an elimination round; only successful candidates proceed to Phase II

There is negative marking of 1/4th marks for each incorrect answer in both Phase I and Phase II exams

Candidates must secure minimum qualifying marks in each section of Phase I and Phase II exams

The final merit list is based on the candidate’s performance in Phase II and Phase III

RBI Grade B Language of Examination

The RBI Grade B Exam is conducted in English and Hindi languages, except for the English Language section in both Phase I and Phase II, which is only in English.

RBI Grade B Expected Cut off [for all rounds]

Expected cut-offs for the RBI Grade B Exam 2023 will be available once the exam is conducted. Previous years’ cut-offs can provide a rough idea of the minimum qualifying marks.

Understand the syllabus and exam pattern thoroughly

Create a study plan covering all topics

Practice mock tests and analyze your performance

Focus on time management and accuracy

Revise regularly and stay updated with current affairs

Some of the best books for RBI Grade B Exam preparation are:

Indian Economy: Performance & Policies – Uma Kapila

Economic Survey – Ministry of Finance (latest edition)

India Year Book (latest edition)

Social Problems in India – Ram Ahuja

Indian Financial System – Bharti V. Pathak

Financial Management – I.M. Pandey

Principles of Management – P.C. Tripathi & P.N. Reddy

Organizational Behavior – Stephen P. Robbins & Timothy A. Judge

Human Resource Management – K. Aswathappa

Quantitative Aptitude for Competitive Examinations – R.S. Aggarwal

Fast Track Objective Arithmetic – Rajesh Verma

Data Interpretation & Logical Reasoning – Arun Sharma

A Modern Approach to Verbal & Non-Verbal Reasoning – R.S. Aggarwal

Analytical Reasoning – M.K. Pandey

Logical Reasoning and Data Interpretation for the CAT – Nishit K. Sinha

Objective English – S.P. Bakshi

High School English Grammar & Composition – Wren & Martin

Word Power Made Easy – Norman Lewis

Objective General English – R.S. Aggarwal

30 Days to a More Powerful Vocabulary – Wilfred Funk & Norman Lewis

Manorama Yearbook (latest edition)

Lucent’s General Knowledge (latest edition)

Pratiyogita Darpan (monthly magazine)

In addition to these books, regularly read newspapers like The Economic Times, The Hindu Business Line, and The Business Standard. Magazines like Yojana and Kurukshetra can also help you gain insights into economic and social issues. Practice mock tests and previous year question papers to get a better understanding of the exam pattern and to improve your time management skills.

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