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    RBI Grade B DEPR Exam Recruitment 2024, Syllabus, Salary, Job Profile

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    RBI Grade B DEPR Highlights 2024

    The RBI Grade B DEPR notification 2024 is anticipated to be released by the Reserve Bank of India around 17th July this year.The Department of Economic and Policy Research is known as DEPR. DEPR focuses on providing research insights and managing a resilient Management Information System (MIS) pertaining to macroeconomic and financial matters. This data plays a pivotal role in crafting efficient policies and strategies, ultimately bolstering the nation's economic stability. Every year, RBI hires Grade B officers for this division. Annually, the RBI hires Grade B officers for the DEPR division, along with the notification that covers the openings for Grade B DSIM and Grade B General as well. This section introduces you to the official RBI Grade B DEPR recruitment process, with further details elaborated in subsequent sections. Therefore, make sure that you go through the entire page carefully, so that you're well-informed about this significant opportunity.

    RBI Grade B DEPR Highlights 2024

    Conducting BodyReserve Bank of India
    Official Website www.rbi.org.in
    RBI Post Grade B Officer Department of Economic and Policy Research(DEPR)
    Mode of Application Online
    Stages of Exam Phase 1 :
    • Paper 1 - Objective Examination
    • Paper 3 - Descriptive (English)
    Phase 2:
    • Paper 1 - Descriptive (Economics)
    • Paper 2 - Descriptive (Economics)
    Phase 3: Interview
    Total Marks
    • Phase 1: Paper 1 & Paper  - 100 Marks each
    • Phase 2 : Paper 1 & Paper 2  - 100 Marks each
    • Interview 
    Online Registration and Payment of Online Fees/Intimation Charges July, 2024 (Tentative)
    RBI Grade B Online Exam Date July, 2024 (Tentative)
    RBI Grade B Officer General Phase 1 Online Exam Date To be notified later
    RBI Grade B Phase 1 Exam Result 2023 (General Stream) To be notified later
    RBI Grade B Officer General Phase 2 (Paper 1, 2 & 3) Online Exam Date To be notified later
    RBI Grade B DEPR/DSIM Phase 1 (Paper 1) Online Exam Date To be notified later
    RBI Grade B DEPR/DSIM Phase 1 (Paper 1) Online Exam Result To be notified later
    RBI Grade B DEPR Phase 2 Online/Written Exam Date  To be notified later
    RBI Grade B DEPR/DSIM Phase 2 Online Exam Result  To be notified later
    RBI Grade B DEPR/DSIM Interview Date To be notified later
    RBI Grade B DEPR No. of Vacancies 38

    RBI Grade B DEPR Notification 2024

    The Department of Economics and Policy Research (DEPR) is one of the three posts announced by the Reserve Bank of India every year. As the name suggests, this job requires you to undertake economic analysis and research as well as to contribute to policy formulation. The detailed RBI Grade B Notification 2024 will be released soon. Please note, last time several changes in the RBI Grade B DEPR recruitment process have been made in the official notification. Please study the following section carefully.

    RBI Grade B DEPR Exam : Changes Introduced

    According to the previous year RBI Grade B DEPR notification, the following changes have been introduced in the RBI Grade B DEPR recruitment process.

    • Firstly, the RBI Grade B selection process will comprise 4 written papers in 2 Phases, i.e., 2 papers in each phase. Earlier, Phase 1 had 1 paper only.
    • Next, the RBI Grade B DEPR syllabus has been very well-defined in the RBI Grade B DEPR notification. Earlier, the syllabus was quite nebulous, but now the RBI has clearly defined the scope of the assessment.
    • The cut-off date for the age criteria and the educational qualification has also changed.

    We need to wait and see if the RBI Grade B DEPR recruitment 2024 will follow the same process.

    RBI Grade B DEPR Exam Pattern

    The Reserve Bank of India (RBI) Grade B DEPR (Department of Economic and Policy Research) exam is conducted in three phases: Phase 1, Phase 2, and an interview. Please note, as per the previous year RBI Grade B DEPR notification, the RBI Grade B DEPR exam pattern will now consist of 4 papers spread across 2 phases, i.e., 2 papers in each phase. Earlier, there was only 1 paper in the Phase 1 exam. Candidates will be shortlisted for Phase 2 on the basis of the cut-off marks decided by the bank.

    Below is the exam pattern for the RBI Grade B DEPR exam. 

    PhasePaperExam TypeMaximum MarksDuration
    Phase 1 Paper 1 Objective Type (on Economics) 100 2 hours
    Paper 2 Descriptive English (to be typed with the help of keyboard) 100 2 hours
    Phase 2 Paper 1 Descriptive Type (on Economics) (Question paper displayed on computer, answers to be written on paper) 100 2 hours
    Paper 2 Descriptive Type (on Economics) (Question paper displayed on computer, answers to be written on paper) 100 2 hours
    Total 400  
    Phase 3 Interview Candidates will be shortlisted for the interview, based on aggregate marks obtained in Phase I and Phase 2 75 

    RBI Grade B DEPR Interview

    Achieving the required minimum marks in both Phase 1 and Phase 2 of the RBI Grade B DEPR Exam opens the gateway to the subsequent phase, the RBI Grade B DEPR Interview. This interview holds a weightage of 75 marks. To secure a position in the final merit list of RBI Grade B DEPR, it is essential to aim for a notably high rank.

    RBI Grade B DEPR Exam Dates 2024

    To ensure that you finish the curriculum well in advance of the exam, you must be aware of the important RBI Grade B DEPR dates 2024. The RBI Grade B DEPR (Department of Economics and Policy Research) examination presents a remarkable opportunity for individuals holding a Postgraduate degree in Economics who aspire to begin a career as a Grade B officer with the Reserve Bank of India. The Reserve Bank of India will release the RBI Grade B DEPR exam dates 2024 along with the RBI Grade B DR-General notification. 

    RBI Grade B DEPR Syllabus

    Prior to commencing your RBI Grade B DEPR exam preparation, it is imperative to thoroughly acquaint yourself with the comprehensive syllabus. The syllabus for the RBI Grade B DEPR (Department of Economic and Policy Research) examination has been meticulously given in the official RBI notification, a marked improvement from previously somewhat ambiguous guidelines. As an aspirant, it's essential to consult RBI publications, including the Annual Report, Report on Trends and Progress of Banking in India, and Reports pertaining to Monetary Policy and Financial Stability. This clarity and specificity in the syllabus enable candidates to structure their preparation effectively and enhance their chances of success in the examination. The expected RBI Grade B DEPR syllabus 2024 is mentioned in the table below.

    RBI Grade B DEPR Phase 1 and Phase 2 Syllabus
    TopicsSub-Topics
    Paper I Objective Type (on Economics)
    • Microeconomics (Theories of consumer’s demand; Production; Market Structures and Pricing; Distribution; and Welfare Economics)
    • Macro Economics (Theories of Employment, Output and Inflation; Monetary Economics; ISLM Model; Schools of Economic Thought)
    • International Economics (Theories of International Trade; Balance of Payments; Exchange Rate Models)
    • Theories of Economic Growth and Development (Classical neo-classical approaches to economic growth and major theories of economic development)
    • Public Finance (Theories of taxation and public expenditure and Public Debt Management)
    • Environmental Economics (Green GDP, Environmental Valuation, Environmental policy instruments)
    • Quantitative Methods in Economics (Mathematical and Statistical Methods for Economics, Ordinary Least Square Regression)
    • Current developments in Indian Economy (Growth, inflation, poverty, unemployment, financial sector developments, external sector developments, fiscal developments, agriculture, industry, infrastructure, and services)
    Phase - I - Paper-II Descriptive Type (on English) The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic
    Phase - II Descriptive Type (on Economics) (Question paper displayed on computer, answers to be written on paper)
    Module on Quantitative Methods in Economics
    • Mathematical Methods in Economics: Differentiation and Integration, Optimisation, Sets, Matrices, Linear algebra and Linear programming 
    • Statistical Methods in Economics: Measures of central tendency and dispersions, Probability, Time series, Index numbers. 
    • Econometrics and advanced Applications: Regression analysis, Panel data econometrics, Time Series econometrics, Basics of Bayesian Econometrics, Basic application of Artificial Intelligence/ Machine Learning
    Module on Indian Economy – Policy and Trends
    • Fiscal policy in India: Evolution, scope and limitations, current trends
    • Monetary Policy in India: Evolution, Functions of the Reserve Bank of India, MonetaryFiscal coordination, Inflation targeting, Operating framework of Monetary Policy, Current trends 
    • Banking and financial sector development in India: Banks and other constituents of Indian financial markets and related developments, Current trends
    • Inflation in India: Trends and drivers
    • External sector developments in India: Exchange rate management, external debt, Balance of payments, Current trends
    • Sectoral and other developments in India: Agriculture, industry, services and social sector-related developments

    (Equal weightage will be given to Quantitative Economics and Indian Economy-related modules)
     

    RBI Grade B DEPR Eligibility Criteria

    You should have clear understanding of the RBI Grade B DEPR eligibility criteria with respect to education qualification, age limit and the number of attempts permissible in order to apply to the RBI DEPR exam. Generally, the candidates must have attained the age of 21 years but not yet reached the age of 30 years as of the date of application. Further, as for the educational qualification, the PGDM/MBA in Finance and Economics clause has been removed. Usually, the number of attempts is restricted to 6 chances, but with exceptions as accorded by the Government. Please take a look at the table below to know the expected RBI Grade B DEPR 2024 eligibility criteria in more detail.

    Name of the PostEducational CriteriaDesirable
    Officers in Grade 'B' (DR) - DEPR

    Master’s degree in economics with minimum 55% marks (50% for SC/ST/PwBD applicants)  OR Master’s degree in finance with minimum 55% marks (50% for SC/ST/PwBD applicants)   

    Note – for a degree to be considered as that in Economics or Finance, Economics for Finance should be the ‘principal constituent’ of the syllabus, respectively. ‘Principal constituent’ with respect to the syllabus/curriculum means that half or more of the total courses/electives/credits must be in Economics or Finance. 
    • 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.

    RBI Grade B DEPR Salary

    Upon appointment as an RBI Grade B (DEPR) Officer, your compensation will be structured within the pay scale of ₹55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years). The RBI Grade B salary package is now notably attractive, with a starting monthly gross emolument, encompassing a range of allowances and perks, totaling around ₹1,16,914. In addition, Grade B Officers are entitled to receive various supplementary benefits, including Dearness Allowance (D.A), House Rent Allowance (H.R.A), Conveyance Allowance (C.A), and more. This remuneration structure underscores the RBI's commitment to offering a competitive and comprehensive compensation package to its Grade B Officers.

    For detailed insights, please refer to the table below.

    Pay and AllowancesRS.DeductionsRS.
    Basic Pay 55200.00 EE NPS Contribution Amount 9968.00
    Grade Allowance 11500 Prof Tax-split period 200.00
    Dearness Allowance 23986.00 BF EE NPS Monthly Contribution -
    House Allowance 60,000.00 House Rent Recovery -
    COPS Incentive 2720.00 Meal Coupon Deduction 400.00
    Spl Perquisite Allowance 4102.00 MAF 300.00
    Spl Allow-Direct Recruit 9750.00 RBI Officers Association Contribution-Mumbai 1000
    Local Compensatory Allows 3664.00 Meal Allowance 5468.00
    Income Tax - Gross Pay 172,506
    Total Deductions -  

    RBI Grade B (DEPR) Job Profile

    A DEPR Officer in RBI Grade B works in the following departments- the Department of Economic and Policy Research (DEPR), Monetary Policy Department (MPD), International Department, and Strategic Research Unit (SRU). Besides this, a DEPR Officer can also get posted in departments like the Department of Statistics and Information Management, Internal Debt Management Department, Department of External Investments and Operations, Financial Markets Regulation Department, Financial Markets Operations Department, Department of Banking Regulation, Financial Stability Unit among others.

    • An RBI Grade B (DEPR) Officer's primary work is to study the Economic Status of the country and to carry out research and analysis of the Indian Economy. A DEPR Officer spends her/his career in the RBI Central Office, Mumbai branch. S/he can be shifted to other state’s regional offices also if required. The job profile of a DEPR Officer depends on the department he/she is placed in. In Regional offices, various surveys related to Pharmaceutical, Agriculture, Retail, Banking outreach, Medicine, and Wholesale data of food articles take place from time to time. 
    • The data is then further sent to RBI’s Central Office for analysis and formulation. The data collected is useful for the Local Board meetings conducted by the Regional Director. 
    • In the DEPR department, DEPR Officers have to work on macroeconomic analysis and research on the Indian economy. They are also expected to research issues related to the economy. The Research usually relates to the real economy, fiscal, money and banking, and external economy. Apart from that, Financial markets research is also carried out by the DEPR officers.
    • In the international department, research related to India’s economic relations with agencies like IMF, and others take place.
    • In the Strategic Research Unit or SRU, core economic issues such as unemployment, poverty, or any other important issue that needs to be researched are carried out.

    RBI Grade B DEPR Career Growth

    RBI Grade B (DEPR) Officer’s growth in the Reserve Bank of India depends on one’s performance. After five years and more with RBI, you will be promoted to Assistant General Manager. You will also be eligible to apply for the Grade C, Grade D, and Grade E officer exams, and so on. RBI Officers also get a chance for further education across the world. Further education is borne partially-fully by the Reserve Bank of India. Further, there are chances for RBI Officers to be working with organizations like the IMF, World Bank, Bank of International Settlements (BIS), Switzerland, and more.

    RBI Grade B DEPR Previous Year Cut Off

    RBI Grade B Officer is one of the most awaited jobs among all the government job aspirants which makes it even tougher to compete for. Therefore, it becomes mandatory for you to try as hard as you can to nail this examination. Preparation should always be preceded by gathering all required information, which also includes knowing the RBI Grade B previous year cut-off that gives an idea of the level of the examination.

    RBI Grade B DEPR Cut–Off 2023 in Paper 1, Paper 2 and Paper 2 (Objective + Descriptive)

    Recruitment StageCategory
    UROBCSCSTEWSPwBD
    AGGREGATE CUT-OFF MARKS IN PHASE -I (PAPER- I AND PAPER-II) (OUT OF TOTAL 200 MARKS). 112.00 102.00 98.00 98.00 112.00 98.00
    AGGREGATE CUT-OFF MARKS IN PHASE-I (PAPER- I AND PAPER-II) AND PHASE-II (PAPER- I AND PAPER-II) TAKEN TOGETHER FOR SHORTLISTING THE CANDIDATES FOR INTERVIEW (OUT OF TOTAL 400 MARKS) 254.17 234.50 226.17 226.17 254.17 226.17
    (No candidate shortlisted for interview phase)
    AGGREGATE MARKS IN ONLINE / WRITTEN EXAMINATION (PHASE-I AND PHASE-II) AND INTERVIEW TAKEN TOGETHER (OUT OF TOTAL 475 MARKS) OBTAINED BY THE LAST RECOMMENDED CANDIDATE WITH REFERENCE TO THE NO. OF VACANCIES NOTIFIED IN THE ADVERTISEMENT. 322.00 293.17 275.17 258.17 301.67 No candidate shortlisted for interview phase

    RBI Grade B DEPR Cut Off 2022 in Paper 1

    RECRUITMENT STAGECATEGORY & CUT OFF MARKS
    GENERALOBCSCSTEWSPwBD
    Cut – off marks in paper- I (objective type test on economics) (out of total 100 marks). 41.00 36.00 34.00 34.00 41.00 34.00

    RBI Grade B DEPR Cut–Off 2022 in Paper 1, Paper 2 and Paper 2 (Objective + Descriptive)

    RECRUITMENT STAGECATEGORY & CUT OFF MARKS
    GENERALOBCSCSTEWSPwBD
    Aggregate cut off marks in paper I, paper ii and paper iii taken together in written examination for shortlisting the candidates for interview (out of total 300 marks) 191.67 176.67 170.67 170.67 191.67 170.67
    No candidate shortlisted for interview phase

    RBI Grade B DEPR Final Cut Off 2022  (Paper- 1, 2 and 3 And Interview)

    RECRUITMENT STAGECATEGORY & CUT OFF MARKS
    GENERALOBCSCSTEWSPwBD
    Aggregate marks in written examination (paper- I, ii and iii) and interview taken together (out of total 375 marks) obtained by the last recommended candidate with reference to the no. Of vacancies notified in the advertisement. 255.00 224.00 219.34 206.50 238.16 No candidate shortlisted for interview phase

    RBI Grade B DEPR Final Cut off 2021 (Paper- 1, 2 and 3 And Interview)

    SectionCategory-Wise Cut Off
    GeneralOBCSCSTEWSPwBD
    Aggregate Cut Off Marks In In Written Examination (Paper- I, II and III) And Interview Taken Together (Out Of Total 375 Marks) Obtained By The Last Recommended Candidate With Reference To The No. Of Vacancies Notified In The Advertisement. 249.83 220.83 186.34 No candidate shortlisted for interview phase 208.01 No candidate shortlisted for interview phase

    RBI Grade B DEPR Cut off 2021 in Paper 1, Paper 2 and Paper 2 (Objective + Descriptive)

    SectionCategory-Wise Cut Off
    GeneralOBCSCSTEWSPwBD
    Aggregate Cut Off Marks In Paper I, Paper II and Paper III Taken Together In Written Examination For Shortlisting The Candidates For Interview (Out Of Total 300 Marks) 183.17 172.83 162.17 162.17 183.17 162.17 (No candidates shortlisted for interview phase)

    RBI Grade B DEPR Cut-Off 2021 in Paper 1

    Given below is the detailed insight into RBI Grade B Phase 1 category-wise cut-off.

    SectionCategory-Wise Cut Off
    GeneralOBCSCSTEWSPwBD
    Aggregate Cut Off Marks In Paper I, Paper II And Paper III Taken Together In Waggregate Cut – Off Marks In Paper- I (Objective Type Test On Economics) Of Written Examination For Candidates Whose Paper II (Descriptive Type Test) Were Assessed (Out Of Total 100 Marks) Written Examination For Shortlisting The Candidates For Interview (Out Of Total 300 Marks) 47.83 42.83 40.83 40.83 47.83 40.83 (LD) 47.83 (HI, VI, MD)-AS NO VACANCY RESERVED

    RBI Grade B DEPR Preparation Strategy

    RBI Grade B DEPR is a great opportunity for candidates aspiring to work in the Reserve Bank of India. The key to success lies in the effective RBI Grade B DEPR preparation strategy one makes before starting to prepare for the exam. Therefore, you need to focus on what will work for you best. As the vacancies are fewer you cannot take any risk in your preparation journey.

    To excel in your preparations for the RBI Grade B DEPR examination, it is crucial to tailor a study plan that aligns with your unique circumstances, whether you are a working professional or a dedicated student preparing from the comfort of your home. Here are some essential steps to structure an effective study routine for RBI Grade B DEPR Exam:

    Customize Your Study Schedule:

    • For Working Professionals: If you have a job or other commitments, make sure to allocate study hours that fit your work schedule. Consider dedicating focused study time before or after work, during lunch breaks, or on weekends.
    • For Students/Preparers at Home: If you have the flexibility to dedicate more time to your preparation, plan your study hours accordingly. Create a daily or weekly schedule that covers all the required subjects and topics.

    Syllabus and Reference Material:

    • Begin by compiling a comprehensive list of the entire syllabus for the RBI Grade B Officer DEPR exam. Organize it into sections and topics for better clarity. Gather all the necessary reference materials, textbooks, study guides, and online resources that you'll need throughout your preparation. This will save you time.

    Incorporate Short Breaks:

    • Recognize the importance of short breaks in maintaining your productivity and focus. Include brief intervals between study sessions to recharge your energy and prevent burnout.

    Mock Test Practice:

    • Consistent and regular practice of RBI Grade B (DEPR) mock tests is a key component of your preparation strategy. Mock tests help you become familiar with the exam format, improve your time management skills, and gauge your overall progress. The more you practice, the better your speed and accuracy will become, which are crucial factors for scoring well in the actual exam.

    Stay Informed with RBI Official Resources:

    • Don't forget to visit the official Reserve Bank of India (RBI) website regularly. Here, you can find valuable information such as Trends in Banking, the Annual Report, RBI Bulletin, and more. Staying updated with these resources will give you insights into the latest developments in the banking sector, which can be relevant for the DEPR examination.

    In summary, designing a successful study plan for the RBI Grade B (DEPR) Officer exam involves personalization, organization, regular practice, and keeping up with official RBI resources. Following these steps will help you achieve your study goals and boost your chances of success in this competitive exam.

    RBI Grade B DEPR Books and Reference Material

    You must have your RBI Grade B DEPR study material handy with you so that you are not confused about the books to go for. For ESI, you can refer to the 12th NCERT Standards Macroeconomics and cover the rest of the syllabus from a book called Indian Economy by Ramesh Singh. The last 5 months of Yojana Magazine are a must. You can get it online or in any bookstore nearby. Don’t forget to read the newspaper on a daily basis. Newspapers like Economic Times/ Mint will be very useful in your preparation journey.

    Some important RBI Grade B study materials are mentioned below for your assistance which can be useful for the RBI Grade B DEPR 2024 exam. 

    SubjectSub AreasBooks

    Macro-economics

     

     

    Macro and Money Banking

    Macroeconomics: Theories and Policies, by Froyen

    Macroeconomics concepts

    Macroeconomics – HL Ahuja

    Growth and development

    Economics of Development by A. P. Thirlwall

    Economics of Development and Planning by M L Jhingan

    International Economics

    International Economics: Trade and Finance, by Dominick Salvatore

    Public Finance

    Public Finance in Theory and Practice | 5th Edition by Richard Musgrave and Peggy Musgrave

    Indian Economy

    Uma Kapila

    Ramesh Singh

    Micro-economics

    Micro economics

    Advanced Economic Theory; Microeconomic Book by Ahuja H.L.

    Econometrics and Statistics

    Econometrics

    Gujarati

    Statistics

    S. C Gupta
    Other Important documents Economic Survey – 2021 + 2022 (when released)
    Budget – latest + other government announcements
    RBI’s Financial Stability Report
    RBI’s Monetary Policy

    RBI Grade B DEPR Mock Tests

    ixamBee offers an extensive RBI Grade B DEPR mock test series, a valuable resource to aid you on your preparation journey. These mock tests play a pivotal role in assessing and enhancing your knowledge and readiness for the examination. By engaging in these practice tests, you can thoroughly evaluate your level of preparation and identify areas for improvement. Additionally, the mock tests provide an authentic exam-like setting, allowing you to become familiar with the pressures and challenges experienced in the actual examination hall. This comprehensive and strategic approach to preparation ensures that you are well-equipped to excel in the RBI Grade B DEPR examination. 

    RBI Grade B DEPR Online Course

    To assist you with the preparation, ixamBee offers a comprehensive Online Course for the RBI Grade B DEPR exam. This course is curated and well-crafted with all that is needed to ace the RBI Grade B DEPR exam. This RBI Grade B DEPR Online Course is designed by our experts who themselves have cleared the DEPR exam. The Course consists of Video Lessons and Study notes designed by expert faculty, Mock tests, and Interview Guidance. Some salient features of the RBI Grade B DEPR Online Course 2024 are provided below.

    • Video Lessons & Study Notes: Video lessons and study notes which cover all conceptual and key points of Economics syllabus. 
    • RBI Grade B DEPR Mock Tests: 10 full length tests for RBI Grade B DEPR phase 1 paper 1 exam (objective type) with detailed solutions for each question and 5 mock tests for descriptive English for phase 1 paper 2 exam. You will also get 5 practice tests each for both the papers of descriptive economics for the phase 2 exam. 
    • RBI Grade B DEPR Practice Tests: To help you we provide 600 MCQs for practise including 300 numericals 
    • Descriptive Economics: Our RBI Grade B DEPR online test series have been created to give you a real exam feel and make you accustomed to writing the paper. These Descriptive DEPR practice tests will be evaluated by the faculty and detailed feedback will be provided to you. 
    • Descriptive English: RBI Grade B DEPR Online Course will give you access to video lessons and study notes on writing skills, sample essays, suggested topics and 5 Descriptive English Mock Tests with individual Performance Feedback. 
    • Interview Guidance: At interview stage, our experts will provide interview guidance in the form of Mock Interviews and personal feedback on your performance 

    In order to ensure a seat as an RBI Grade B DEPR Officer, it is essential to grab every piece of information regarding the exam. Our Experts have provided Study notes and Videos to help in your preparation. These videos might assist you in the RBI Grade B DEPR exam preparation. Some videos regarding RBI Grade B DEPR Exam are provided below.

    RBI Grade B Phase I - Free Mock Tests

    RBI Grade B 2024 Phase I Mock Test 2

    RBI Grade B 2024 Phase I Mock Test 2

    • 120 Minutes
    • 200 Questions
    • 200 Marks
    Attempt Test
    RBI Grade B 2024 Phase I Mock Test 1

    RBI Grade B 2024 Phase I Mock Test 1

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    • 200 Questions
    • 200 Marks
    Attempt Test
    RBI Grade B 2020 Phase 1 Mock Test 5

    RBI Grade B 2020 Phase 1 Mock Test 5

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    • 200 Questions
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    RBI Grade B 2019 Phase 1 Mock Test 4

    RBI Grade B 2019 Phase 1 Mock Test 4

    • 120 Minutes
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    View RBI Mock Tests

    RBI Grade B Phase I - Previous Year Question Paper

    RBI Grade B Phase 1 2022 Previous Year Paper Shift 1

    RBI Grade B Phase 1 2022 Previous Year Paper Shift 1

    • 120 Minutes
    • 200 Questions
    Attempt Test
    RBI Grade B Phase 1 2021 Previous Year Paper

    RBI Grade B Phase 1 2021 Previous Year Paper

    • 120 Minutes
    • 200 Questions
    Attempt Test
    RBI Grade B Phase 1 2018 Previous Year Paper

    RBI Grade B Phase 1 2018 Previous Year Paper

    • 120 Minutes
    • 200 Questions
    Attempt Test
    RBI Grade B Phase 1 2017 Previous Year Paper

    RBI Grade B Phase 1 2017 Previous Year Paper

    • 120 Minutes
    • 200 Questions
    Attempt Test

    View RBI Previous Year Papers

    Rbi Grade B Depr FAQs

    Yes, RBI Grade B (DEPR) Exam Phase 1 is qualifying in nature. This means the marks obtained in Phase 1 are used for shortlisting candidates for the examination's subsequent phases. The final selection is primarily based on the performance in Phase 2 and the interview, while Phase 1 serves as a qualifying round.
    To be eligible for RBI Grade B General officer you need to possess a Graduate or a Postgraduate degree in any field while for RBI Grade B DEPR you need to possess a Master's Degree in Economics with a minimum 55% marks in the subject.
    RBI Grade B DEPR exam will take place in three phases- Paper 1 or Phase I, Phase 2 i.e Paper 2 + Paper 3 followed by interview. All the important details on the exam will be provided in the notification will be released soon. Aspirants can look at the notification for more information on the same when it releases
    If you have appeared for the RBI Grade B DEPR Phase 1 exam six times already, you are not eligible to appear for it again. Although, there is an exception in the case of SC/ST/OBC/PwBD candidates. They can appear for more than 6 times if the seats are reserved for them. Ultimately, aspirants need to make sure that they meet all the criteria mentioned in the notification to be eligible.
    Having gap years after graduation should not impact your selection in the RBI Grade B DEPR Exam. If you can provide reasonable justification during the interview for the gap in your educational or professional journey, your candidacy remains strong. You also need to make sure that you are still eligible based on the RBI Grade B notification and eligibility criteria.
    The Department of Economic and Policy Research (DEPR) serves as the intellectual backbone to the Reserve Bank of India, diligently analyzing the nation's economic dynamics, monitoring financial patterns, and leveraging this critical insight to aid the RBI in pivotal decision-making. Whether it's managing inflation or adjusting interest rates, DEPR's analytical prowess ensures the sustained health and progression of India's economy. Through a rigorous examination of data and trends, they play an indispensable role in devising strategies that steer economic policy and influence the broader financial landscape.
    The more a candidate practices using RBI DEPR mock tests, online courses, section-wise tests, and study notes, the easier they will find the actual exam to be. While the RBI DEPR exam draws several candidates every year, a thorough study plan and focused practice of RBI DEPR mock tests along with a revision of study notes is critical for exam preparation and will help you crack the exam.
    The basic pay of RBI Grade B DEPR and DSIM are the same. Their basic pay starts at Rs. 55,200. With additional allowances and benefits like dearness allowance, housing allowance and many more, their monthly salary can go up to Rs. 1 lakh.
    To qualify for the role of Officer in Grade B (DR) - DEPR, applicants must hold a Master's Degree in Economics, Quantitative Economics, Econometrics, Mathematical Economics, Finance, or an Integrated Economics Course. They should have achieved at least 55% average marks or a comparable grade in every term of study at an accredited institution, either within India or internationally. OR For eligibility to assume the position of Officer in Grade B (DR) - DEPR, individuals are required to possess a PGDM/MBA in Finance, securing a minimum of 55% average marks or a matching grade across all terms of their program at a certified university or college, whether located domestically or abroad. OR Applicants should have acquired a Master’s Degree in Economics, with specialization in areas such as agricultural, business, developmental, applied economics, or a closely related field. They must have obtained at least 55% in aggregate marks or its equivalent in every term throughout their study at an institution recognized both in India and globally.
    The RBI Grade B DEPR exam is your chance to join the Reserve Bank of India as an economist. If you have a strong background in economics and enjoy tackling complex issues, this could be your dream job. You'll take written exams to showcase your skills, followed by an interview. If successful, you'll join the DEPR department, where your research and analysis will help shape India's economic policies.
    Practicing with RBI DEPR mock exams, online courses, sectional quizzes, and study guides makes the actual test easier. Each year, the RBI DEPR attracts many applicants. However, a well-crafted study plan that includes diligent practice of mock exams and review of study materials is essential for success. Engaging deeply in such preparation activities significantly aids in mastering the exam.
    Determining the most challenging RBI exam is subjective and hinges on personal strengths. This exam rigorously assesses economic principles and analytical capabilities. Its level of challenge may escalate for those with weak foundations in economics. Other RBI exams, targeting Assistant or Officer roles, might lean more towards testing basic aptitude and reasoning, posing difficulties for those not well-practiced in such areas. In essence, the "hardest" exam is a personal matter, reliant on one's individual strengths and weaknesses. It's vital to closely examine the specific demands and syllabus of the desired exam to accurately assess its difficulty.
    Yes, RBI Grade B (DEPR) Exam Phase 1 is qualifying in nature. This means that the marks obtained in Phase 1 are used for shortlisting candidates for the subsequent phases of the examination. The final selection is primarily based on the performance in Phase 2 and the interview, while Phase 1 serves as a qualifying round.
    Yes, there is negative marking in the RBI Grade B (DEPR) Exam. For each incorrect answer, 1/4th of the marks allocated to that question will be deducted. This helps in hoghlighting the importance of careful and informed responses to maximize your score.
    Yes, RBI Grade B (DEPR) exam is bilingual in nature. You can choose your preferred language either Hindi or English. But for the English Language exam, aspirants need to write their answers only in English. All details will be made clear once the actual notification is released.
    Yes. The RBI Grade B (DEPR) Exam features a cut-off marking system. As an aspirant, you must attain the minimum marks established by the bank to qualify for further rounds or to secure a pass in the examination. Meeting these cut-offs is essential for progressing in the selection process.
    For candidates aspiring to join the RBI Grade B (DEPR) posts, there are specific age criteria. The minimum age requirement is 21 years, while the maximum age limit is set at 30 years. Meeting these age limits is a fundamental prerequisite for eligibility in this examination.
    Like the previous year exam pattern, RBI Grade B (DEPR) 2024 Exam is expected to be in Online mode. Since the notification for 2024’s exam cycle has not yet been released, there is no actual confirmation on this but the pattern is expected to be similar if not same so, aspirants can assume that the exam will be online.

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