The Reserve Bank of India (RBI) is gearing up to release the much-awaited notification for the RBI Grade B recruitment 2024. As per the confirmed statements from the Department of Communication (DoC), the official notification for the RBI recruitment to the posts of Grade B General (DR), DEPR, and DSIM is expected to be published on July 18, 2024. If you are hoping to appear for the RBI exams this year, then this notification is a welcome news. The information was put out on the RBI’s official website and in almost all leading news publications. This announcement follows a tender notice inviting bids for advertisement publication, which basically is a massive hint at the huge scale and significance of the upcoming recruitment drive.
The RBI Grade B exam is one of the most important banking exams in India. It attracts the attention of a relatively wide range of banking aspirants every year. With the announcement date set for 18th July, aspiring candidates can now improvise upon their preparation strategies to match the timeline of when the notification is expected. Once it arrives, the notification will provide complete details about how to apply, exam dates, eligibility criteria, exam pattern and other important statistics.
Phase 1 of the exam will have both objective and descriptive questions to test candidates’ understanding and analytical skills. This section can be taken online at various centers across the country, ensuring wide availability for all candidates. Although the exact number of vacancies will only be revealed in the notification, applicants can refer to the previous year vacancy details to get an idea of the anticipated vacancies.
With the RBI Grade B announcement around the corner, it’s time for aspirants to step up their coaching and stay updated with the trending announcements. This blog will provide you more important details on what you can expect in the notification once it is released on 18 July and will give you some pointers on having a promising career path in the RBI.
RBI Grade B: Expected Exam Dates
There is a lot of anticipation and excitement among government job aspirants as they wait for the RBI Grade B Notification 2024 to be released. As per the buzz created by the Department of Communication, the notification is expected to be released on 18th July. The Phase 1 for the RBI Grade B exam is expected to be on September 8, 2024. After this, Phase 2 of the exam is expected to be held on October 20, 2024. The cut-offs for the RBI Grade B exam is expected to be released on July 1, 2024. While there has been no actual confirmation on any of these dates, aspirants need to begin their preparation either way so that they don’t fall into any last minute panicking when the exam draws closer. The actual RBI Grade B Exam Dates will be made clear once the notification is out which, as mentioned earlier is expected to be on July 18, 2024.
RBI Grade B 2024: Eligibility Criteria
Cracking the RBI Grade B 2024 exam means that you need to have a clear-cut understanding of the eligibility criteria that will be outlined in the RBI Grade B Notification. While the eligibility criteria for 2024 to be unveiled only on 18th July as of now, the best thing to do is to have a closer look at the criteria in the notification for 2023. The primary qualification needed for RBI Grade B is a Graduate Degree. Furthermore, candidates must stick to the RBI Grade B age limit, which is from 21 to 30 years. Additionally, there will also be some age relaxations for reserved categories. For an effective strategy for the upcoming exam, you need to be aware of any changes or new information that will come out in the RBI Grade B Eligibility Criteria. Take a look at what you can expect in the RBI Grade B eligibility criteria from the table below :
| Educational Criteria | Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) |
| Age Criteria | Minimum-21 Years / Maximum-30 Years |
| Age Relaxation | Minimum-3 Years / Maximum-13 Years |
RBI Grade B 2024: Exam Pattern and Syllabus
Now that the RBI Grade B 2023 recruitment has ended, aspirants are now focusing on the upcoming RBI Grade B 2024 exam. While the official notification for 2024 is expected on 12th July, hopefuls for the exam will get valuable inputs from the previous notification regarding the RBI Grade B Exam Pattern & Syllabus. You should know that the 2023 notification brought changes to the Phase 2 syllabus. This means that you need to be completely thorough with the pattern and syllabus for 2024. Doing so will help you understand all that you need about the details you should know regarding the RBI exam.
| Phases | Exam Type | Marks | Duration | Exam Language |
| Phase 1 (Prelims) | Objective | 200 marks | 2 hours | Bilingual (Except the test for English language.) |
| Phase 2 (Mains) | Paper 1 (Objective & Descriptive) | 100 marks | 30 minutes (Objective) & 1 hour 30 minutes (Descriptive) | |
| Paper 2 (Writing Skills) | 100 marks | 1 hour 30 minutes | ||
| Paper 3 (Objective & Descriptive) | 100 marks | Composite time of 2 hours | ||
| Phase 3 (Interview) | Interview | 75 marks | ||
The RBI Grade B Exam syllabus is quite important for those preparing for the RBI Grade B exam. For the Prelims phase, you can expect questions from the General Awareness, English Language, Reasoning, and Numerical Ability areas. The General Awareness can be covered quite well through ixamBee’s BeePedia platform. Moving to the Mains , Paper 1 focuses on Economic and Social Issues, which is expected to have some changes from the 2023 syllabus to reflect events that occurred in India after. Paper 2 assesses English Language skills through descriptive writing—Paper 3 takes a closer look into Finance and Management, focusing on relevant topics like NaBFID and digital payments.
| RBI Grade B Prelims Syllabus | |
| Subject | Topics |
| Quantitative Aptitude | Simplification and approximation, Number Series, Quadratic Equation, Number System / HCF & LCM, Ratio and Proportion, Average, Partnership, Ages, Percentage, Profit & Loss, Time, Speed & Distance, Problems on Trains, Boat and Stream, Time & Work / Pipes and Cisterns, Simple and Compound Interest, Mixture & Allegations, Permutation and Combination, Probability, Data Interpretation (DI), Caselet DI and Data Sufficiency |
| English | Grammar, Vocabulary, Reading Comprehension, Passage Making, Error Spotting, Jumble Words, Sentence Framing, Fill in the blanks |
| General Awareness | Monetary Policies, Banking and Financial Awareness, Economic Terms, Current Affairs (BeePedia), Static GK, Financial and Economic News, Government Schemes. Agreement & Deals, Banking Terms- rates & processes, National Institutions |
| Reasoning | Puzzles, Seating Arrangement- Circular, Square & Linear, Data Sufficiency, Directions and Distance, Coding-Decoding, Blood relations, Inequality, Syllogism, Machine input and output, Verbal Reasoning, Ordering and Ranking, Arrangement and Pattern, Scheduling, Distance and Direction, Ranking |
| RBI Grade B Economic and Social Issues (ESI) Syllabus | |
| Topics | Sub-Topics |
| Growth and Development | Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. |
| Indian Economy | Economic History of India – Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991 – Priorities and recommendations of Economic Survey and Union Budget – Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and Reserve Bank in the development process – Public Finance – Political Economy – Industrial Developments in India- Indian Agriculture – Services sector in India. |
| Globalization | Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Cooperation; International Economic Issues. |
| Social Structure in India | Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice. |
RBI Grade B 2024: Basic Preparation Guidelines
Initiating your preparation for the RBI Grade B 2024 exam requires a holistic strategy. Whether it’s excelling in practice exams, taking advantage of digital courses, making effective use of past papers, managing your time efficiently, or employing thorough revision techniques, every aspect plays a crucial role in preparing effectively for the RBI Grade B test. Delve into these key strategies to enhance your preparedness for this challenging examination.
- Practice with Mock Tests: You need to boost your preparation by mastering mock tests. They simulate the actual exam conditions and develop your time management and decision-making skills. Practicing with mock tests regularly will help in building your confidence. It will also give you that much needed edge in the RBI Grade B exam. You can also take up ixambee’s RBI Grade B Mock Tests to understand the exam better.
- Online Courses for In-Depth Learning: Unlock a wealth of knowledge through online courses. You should dig deeper into virtual classrooms led by experts, gaining in-depth insights into complex topics. Interactive learning materials and guided sessions will provide you with a clear understanding and helps bring you more success in the RBI Grade B exam. ixambee’s comprehensive RBI Grade B Online Course will help aspirants preparing for the exam.
- Strategic Utilization of Previous Year Papers: You can also develop a winning strategy by using RBI Grade B Previous Year Papers. You can analyze the question patterns and understand the trends that crop up in each of these exams. The practice papers are something of a blueprint for success in the exam
- Effective Time Management: You can work through the rather large syllabus with effective time management. For that, you need to develop a well-structured study plan that allocates time wisely across the different topics and sections. With an efficient time management strategy, you will be able to bring about more success in both Phase 1 and Phase 2 of the RBI Grade B exam.
- Comprehensive Revision Strategies: Solidify your knowledge of each topics with well-prepared strategies for revision. You can design a very systematic revision plan, focusing on understanding all the important topics. With regular reviews of each topics, you get a better understanding of the subjects and ultimately you can achieve success in the RBI Grade B examination.
Summing Up
With the RBI Grade B exam notification expected on July 18 and the exam dates expected to be in September and October, the anticipation and build up for the exam has just gotten high. With ixamBee’s resources and strategies along with our live sessions with experts in this field will help aspirants who are hoping to achieve success in the upcoming RBI Grade B exams.
To help you prepare 50% faster for competitive exams, ixamBee provides a free Mock Test Series and all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI Grade B, NABARD, and Other Government Jobs.
Also Read
Salary Comparison of RBI Grade B Officers with IAS and IPS Officers
Which is a Better Career for the Long Term, UPSC or RBI Grade B?
RBI Moves 100 Tonnes of Gold to India: What It Means
