Highlights

The Reserve Bank of India is yet to announce the RBI Non-CSG notification 2024 , disclosing vacancies for RBI Legal Officer in Grade B and other posts. The official RBI Grade B Legal notification 2024 is expected by May-June 2024. It is an excellent opportunity for those possessing requisite professional qualifications and who wish to enter the banking sector. The eligible and interested candidates can get ready to apply as soon as the official notification is published on the website. Be with us on this page, as we check out the highlights of the RBI Legal Officer exam 2024, from the previous year recruitment details.

RBI Grade B Legal Highlights 2024

Conducting AuthorityReserve Bank of India
Official Website www.rbi.org.in
RBI Posts

Legal Officer (Grade B)

Mode of application Online
Stages of Exam Three Stages-
  • Paper 1- Objective Type (Online)
  • Paper 2- Descriptive Type (Offline)
  • Paper 3- Interview
Maximum marks & Time duration
  • Paper 1- 150 marks, 3 hours
  • Paper 2- 100 marks, 3 hours
  • Interview- 40 marks
Online Registration and Payment of Online Fees/Intimation Charges May/June, 2024 (Tentative)
RBI Grade A Legal Online Exam Date July, 2024 (Tentative)
Number of Vacancies 2023 1
Official Notification PDF 2023 Click Here

RBI Grade B Legal Notification 2024

Every year, the Reserve Bank of India releases the RBI Non-CSG notification for various posts, including the RBI Grade B Legal Officer. In 2024 the notification is tentatively expected in May or June.  Last year, the notification was released on May 29, 2023 on its official website. Eligible candidates can apply for the RBI Grade B Legal exam 2024 as soon as the application dates are announced. The RBI Grade B Legal recruitment 2024 carries all the important information related to the RBI Grade B Legal Officer vacancies, exam pattern, syllabus, RBI Grade B Legal exam dates 2024 and more. The RBI Grade B Legal Officer is a golden opportunity for all the law graduates who wish to work in the banking sector, that too in the prestigious RBI. Therefore, before proceeding with the application process, it is essential that you read the entire RBI Grade B Non CSG recruitment notification 2024 carefully.

RBI Grade B Legal Vacancy 2024

RBI Non-CSG official notification 2024 is still awaited. Last year recruitment indicated a total of 10 vacancies for all the Non-CSG posts including  01 vacancy for the RBI Legal Officer post. Looking at the number of vacancies, one can expect the competition to be tough or not, but not impossible to beat. 

Check the complete details of RBI Legal Officer in Grade ‘B’ according to the 2024 notification below:

PostNumber of Vacancies
Legal Officer (Grade B) 1

Eligibility Criteria

In order to ensure that you apply successfully for the RBI Legal Officer exam, you should first confirm your eligibility for the same. In case you fall short of any required qualification, you will be disqualified from the selection process. To be eligible, you need to follow the educational criteria & age criteria as well. Check out the detailed RBI Law Officer eligibility criteria below: 

Educational Criteria 

According to the RBI Grade B Notification, if you are interested to apply for RBI Legal Officer under Non-CSG Grade B post you need to possess a Bachelor’s Degree in Law with a minimum of 50% marks. Proficiency in computer applications will be an added advantage. Further details on RBI Grade B Legal Officer 2024 educational criteria can be inferred from the table below.

PostEducational Qualification (as on May 01, 2023)Experience (as on May 01, 2023)
Legal Officer (Grade B) Essential:
  • Bachelor’s Degree in Law from any University/College/Institution, recognized by UGC and the Bar Council of India with a minimum of 50% marks or equivalent in the aggregate of all semesters/years.
Essential: 
  • Enrolled with the Bar Council as an Advocate.
  • At least two years’ experience after being enrolled (i) As an Advocate or (ii) As a Law Officer in the Legal Department of a large bank/ financial institution/ statutory corporation/ company/ State/ Central Government after being enrolled with the Bar Council or (iii) As a full-time teacher in a Law College / University, teaching law.
Desirable: 
  • Special knowledge of Banking Law, Company Law, Labour Law and Constitutional Law and experience in drafting of pleadings and documents.
Note:  For SC/ST and PwBD candidate, minimum required marks shall be 45% in Bachelor’s degree in Law in the aggregate of all semesters/years, against vacancies reserved for such candidates Note: In case of (i) above, (a) copy of the Bar Council Registration/Enrolment Certificate and (b) a certificate from the Bar Association of which the candidate is a member or a certificate issued by the Presiding Officer of a Court before which the candidates have practiced for the required period should be produced at the time of interview.

Age Criteria

Besides adhering to the RBI Grade B Legal educational criteria, it is essential that all the applicants fall within the range of the RBI Grade B Legal age limit criteria as mentioned in the RBI Non-CSG official notification 2024. If you are applying to the post of RBI Legal Officer, you should at least be 21 years of age. The maximum age limit to apply is 32 years. 

PostAge Criteria
Legal Officer (Grade B) A candidate must have attained the age of 21 years and must not have attained the age of 32 years as on May 01, 2023 

Age Relaxation

A relaxation in the upper age limit will also be provided to the candidates belonging to certain reserved categories in the RBI Legal Officer exam. The relaxaṭion will vary depending on the category that a candidate belongs to among SC/ST/OBC/PwBd etc.

Note: Candidates who have an LLM degree will be eligible for a relaxation of 3 years and those possessing a PhD in Law will get a relaxation of 5 years.

PostAge Relaxation
SC/ST 5 years
Ex-employees of banking institutions whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange 5 years
Ex-servicemen (including Emergency Commissioned Officers/Short Service Commissioned Officers) provided applicants have rendered at least five years continuous Military Service and have been released on completion of assignment (including those whose assignment is due to be completed within one year) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability or have been released on account of physical disability attributable to Military Service or on invalidment 5 years
Emergency Commissioned Officers/Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment 5 years
PwBD
  • GEN/EWS - 10 years
  • OBC - 13 years
  • SC/ST - 15 years
For eligible staff candidates, the relaxation in age limit is according to RBI Circular CO.HRMD.No.G75/5599/05.01.01/2013-14 dated December 20, 2013.

Exam Dates

The Reserve Bank of India is expected to release the notification tentatively by May/June 2024, disclosing the vacancies to be filled with respect to the Non-CSG posts in Grade A & B. RBI Non-CSG Legal Officer in Grade B is also one among them. Candidates who are planning to apply to the RBI Law Officer post should be vigilant not to miss this opportunity. The RBI Legal Officer exam registration & application dates and the exam dates will be announced along with the official advertisement. Meantime, it is advised that the candidates do not waste their time and start preparing now. Enroll in the RBI Grade B Legal Officer Online Course to prepare in the smart way. 

RBI Grade B Legal Exam Exam Dates 2024

EventsTentative Dates
Online Registration and Payment of Online Fees/Intimation Charges May/June, 2024 (Tentative)
RBI Grade A Legal Online Exam Date July, 2024 (Tentative)
RBI Grade B Legal Exam Result To be notified later
RBI Grade B Legal Exam Interview Date To be notified later
RBIGrade B Legal selected Candidates To be notified later

Exam Pattern

The selection process for the RBI Legal Officer in Grade B is simple and consists of two main stages. Written examination & Interview. The RBI Legal Officer exam pattern 2024 should be duly followed by the candidates while preparing. RBI Non-CSG official notification mentions that there will be online and offline examinations followed by Interview. The selection process is as follows:

  • Paper 1- General Knowledge of Law (Objective & Descriptive)
  • Paper 2- English (Descriptive Type)
  • Interview 

Written Exam 

The Written Examination for RBI Legal Officer consists of two papers: Paper 1 & Paper 2. The total marks allotted to both the papers will be 250.

Paper 1 consists of both objective type & descriptive type questions based on the ‘General Knowledge of Law’ for 150 marks.

PaperPaper TypeMaximum MarksDuration
Paper 1- General Knowledge of Law Objective Type 30 3 Hours
Descriptive Type 120
Total 150  
Paper 2- English Descriptive Type 100 3 Hours
Interview Marks   40  
Grand Total 290  

  • The 3 hours test will be bilingual which means that candidates will have the freedom to choose their medium of exam between Hindi & English.
  • No negative marking has been mentioned for the RBI Legal Officer exam.

Paper 2 consists of a single English Descriptive test which is meant to test the candidates’ efficiency in English Language.

  • It will carry 100 marks and 3 hours will be allotted for this test too.

Interview

Once the candidates have cleared the RBI Legal Officer Online Exam, they need to pass the next stage of the selection process, i.e. Interview. The interview will carry 40 marks.

The candidates will have the choice to answer the questions in either Hindi or English.

The final selection will be based on the total scores obtained in the examination (Paper 1 & 2) and Interview.

Syllabus

An important aspect of exam preparation is knowing the syllabus. Before you start with your preparation, it will be extremely beneficial for you to note down the RBI Legal Officer syllabus. The first level of the selection process has Paper 1 & Paper 2, which contain objective & descriptive type questions from the subject of Law & English Descriptive Test respectively. Thus, for future references, you should first know what you actually need to cover with respect to each of the sections. Have a look at the detailed syllabus of 2024 below:

RBI Grade B Legal Syllabus (Paper 1)

PaperSectionTopics
Paper 1 General Knowledge of Law General Knowledge of Law (Objective and Descriptive Type): (i) Constitutional Law (ii) Administrative Law (iii) Principles of Statutory Interpretation (iv) Law of Evidence (v) Contract Act, 1872 (vi) Transfer of Property Act,1882 (vii) Negotiable Instruments Act, 1881 (viii) Registration Act, 1908 (ix) Code of Civil Procedure, 1908 (x) Legal Drafting.

RBI Grade B Legal Syllabus (Paper 2)

PaperSectionTopics
Paper 2 English Descriptive Precis writing, comprehension, official letter writing, report writing

Books

RBI Legal Officer exam is one of the most important opportunities released by RBI. It is a golden opportunity for those who possess a degree in Law. To ensure success, you need to get hold of the best books as they are the most important aspect of the exam preparation. It is always important to ensure that you have the best study material in the form of notes and books to prepare. We have listed down few best books for preparation of the RBI Law Officer exam.

PaperBookAuthor/Publisher
Legal Officer Constitution Laxmikanth
Indian Penal Code  K.D Gaur
Code of Criminal Procedure  R.V kelkar
 Law of Evidence Avtar Singh
Code of Civil Procedure C.K Takwani
Contract Act  Avtar Singh/ R K Bangia
Transfer of Property Act Avatar Singh

Books for English Descriptive

PaperBookAuthor/Publisher
English Language Descriptive (For All Competitive Examinations) SJ Thakur and SK Raut
Descriptive English SP Bakshi and Richa Sharma

Salary

One of the major reasons for choosing RBI Legal Officer over other jobs is also the attractive remuneration that an employee receives here. A candidate selected as a Law Officer in Grade B will receive a basic pay of Rs. 55,200/- per month in the scale of ₹55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750 (16 years).

PostGrade Pay
RBI Grade 'B' Legal Officers
  • Basic pay- RS. 55,200/- p.m.
  • Pay scale- Rs. 55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750
  • Initial monthly gross emoluments- Rs. 1,16,684/- (approx.)

  • At present, the initial monthly gross emoluments of an RBI Manager in Grade B is Rs 1,16,684 approximately, excluding HRA. You will be governed under the New Pension Scheme (NPS), in addition to the benefits of Gratuity. 
  • Candidates are also entitled to receive various allowances such as the Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, Special Grade Allowance, Learning Allowance and Grade Allowance as per rules in force from time to time. 

Job Profile

Working in one of the biggest financial organizations and India’s central bank is no less than a golden opportunity. After you are appointed as an RBI Grade B Legal Officer, you will have to serve a probation period of at least 2 years which may be extended if you do not perform well. 

Once you get selected, you will get a chance to multitask and perform various duties. As an RBI Legal Officer, you will have the following roles and responsibilities:

  • Deal with legal issues received from various departments of the RBI and its associate institutions, mainly related to the interpretation of various statutes such as Reserve Bank of India Act 1934, Banking Regulation Act 1949, Foreign Exchange Management Act 1999, Companies Act 2013, etc.
  • Preparation of initial drafts of legislation. 
  • Drafts of pleadings and comprehensive instructions in connection with litigation related to the RBI and its associate institutions.
  • Besides this, you will also represent the RBI before Conciliation Officers, Labour Courts, and Tribunals on legal matters

Previous Year Cut off

To get a fair idea about the difficulty level, it is always good to refer to the previous year cut-offs, which may give you a correct picture of the RBI Legal Officer exam and the extent to which you need to prepare for it. As there are both objective & descriptive types of papers, therefore it is extremely important to know the RBI Legal Officer previous year cut-offs. You need to secure the minimum specified marks to ensure your selection and referring to the last year cut-offs will surely help you in assessing your level of preparedness. Check out the RBI Law Officer previous year cut-offs below:

RBI Grade B 2021-22 Legal Officer Written Examination Cut Off

Recruitment StageCut Off Marks
Aggregate Cut – Off marks in paper- 1 and paper- 2 taken together in written examination for shortlisting the candidates for interview (out of total 250 marks)
  • GEN/ EWS/ SC/ ST: 179
  • OBC: 179
  • PwBD: 161.5
  • (No PwBD candidate shortlisted for interview phase)
Aggregate marks in written examination (250) (paper- 1 and 2) and interview taken together (out of total 290 marks) obtained by the last recommended candidate with reference to the no. Of vacancies notified in the advertisement
  • Gen/ UR/ EWS: 220
  • OBC: 215
Note: In case two or more candidates have scored same marks, the candidate senior by date of birth (Age) will be higher in order of merit.

RBI Non CSG Legal in Grade B Paper 1 and Paper 2 Cut Off 2020

SectionCategory-Wise Cut Off
GeneralOBCSCSTEWSPwBD
AGGREGATE CUT – OFF MARKS IN PAPER- I AND PAPER- II TAKEN TOGETHER IN WRITTEN EXAMINATION FOR SHORTLISTING THE CANDIDATES FOR INTERVIEW (OUT OF TOTAL 250 MARKS). 159 151 159 145 159 141.50 (LD)
159 (HI, MD, VI)
As no vacancy was reserved

RBI Non CSG Legal in Grade B Paper 1 + Paper 2 and Interview Cut Off 2020

SectionCategory-Wise Cut Off
GeneralOBCSCSTEWSPwBD
AGGREGATE MARKS IN WRITTEN EXAMINATION (250) (PAPER- I AND II) AND INTERVIEW TAKEN TOGETHER (OUT OF TOTAL 290 MARKS) OBTAINED BY THE LAST RECOMMENDED CANDIDATE WITH REFERENCE TO THE NO. OF VACANCIES NOTIFIED IN THE ADVERTISEMENT. 202 173 197.80 175 177 186

 

RBI Non CSG Legal Officer in Grade B Cut Off 2018

StageCategory
General/SC/ST/OBC
Paper- I and Paper- II taken together in written examination for shortlisting the candidates for interview (out of total 250 marks). 149.00
Aggregate marks in written examination (250) (Paper- I and II) and interview (40) taken together (out of total 290 marks) obtained by the last recommended candidate with reference to the no. of vacancies notified in the advertisement. 188.00