RBI Grade B Exam

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RBI Grade B

Reserve Bank of India (RBI) is considered as one of the prestigious government based bank of India. Every year it conducts an examination in order to recruit professionals who are well-versed with the banking sector. And once again, it is conducting the RBI Grade B examination which is a national level competitive test recruits officers of General Grade B level, DR, DEPR and DSIM in the common seniority Group. The Basic Pay will be around ₹35,150 per month including house rent, family, conveyance, telephone, dearness allowances, etc. In this blog, you will be familiar with the RBI Grade B examination, its process and exam pattern. 

RBI Grade B Exam: Highlights

Conducting Authority Reserve Bank of India (RBI)
Examination Name  RBI Grade B Exam – DR, DEPR and DSIM
Exam Type National Level 
Selection Process Three stages: Preliminary, Mains and Interview
Mode of Exam Both Online and Offline
Mode of Application Online
Application Fee SC/ST/PWD: ₹100Gen/OBC: ₹850Staff Candidates: None
Vacancies Total= 199
Officers in Grade ‘B’(DR) – General (156);
Grade ‘B’(DR) – DEPR (20) and Grade ‘B’(DR) – DSIM (23)

RBI Grade B Important Dates 2021

An aspiring candidate who is interested in taking part in the RBI Grade B exam should know the below-mentioned dates for 2021 announced by the RBI. 

Release of RBI Grade B Notification 28th January 2021
Online Application Starts 28th January 2021-15th February 2021
Online Payment of Application Fees / Intimation Charges till 28th January 2021
Phase-I Call Letter 26th February 2021
Phase-I Exam Date 6th March 2021
Phase-I Result March 2021
Phase-II Exam Date 31st March & 1st April 2021

RBI Grade B Exam Eligibility Criteria

The interested candidates have to follow some basic criteria to apply for the RBI Grade B exam like:


  • Candidate should be a citizen of India or 
  • A resident of Bhutan or Nepal or
  • Any Tibetan refugee who is permanently settled in India before January 1st, 1962 or
  • A person who has an Indian origin has migrated either from Srilanka, Kenya, Pakistan, Burma, Tanzania, Zambia, Malawi, Zaire, Ethiopia or Vietnam having a core intention of being a permanent resident of India. 

Note: It is important to know the fact that those candidates falling under 2, 3, or 4 categories should possess an eligibility certificate with an issuance authority as Government of India. 

Age Limit

A candidate appearing for RBI Grade B should be under the age group of 21 and 30 years as on September 1st 2021. And, those candidates carrying PhD and MPhil qualifications should possess an upper age limit of 32 and 34 years. As per the Government of India norms, the reserved category candidates will be eligible for relaxation in upper age limit. 

Educational Qualifications

The academic requirement prescribed for the RBI Grade B exam 2021 are as follows:

Officers in Grade ‘B’ (DR) – DEPR
  • Master’s Degree in Economics Econometrics or Quantitative Economics or Mathematical Economics or Integrated Economics Course or Finance, with a minimum of 55% marks or an equivalent grade.
  • SC and ST/PWD candidates are allowed with a relaxation of 5%.
Officers in Grade ‘B’ (DR) – (General)
  • 60% marks in aggregate for all semester/years (50% for SC and ST/PWD) or an equivalent grade in bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations from recognized University and Boards
Officers in Grade ‘B’ (DR) – DSIM
  • Master’s Degree in Statistics or Mathematical Economics or Mathematical Statistics or Statistics & Informatics or Econometrics from IIT-Kharagpur or
  • Applied Statistics & Informatics from IIT-Bombay with at least 55% marks in aggregate of all semester/years or an equivalent grade, or
  • Master’s Degree in Mathematics with at least 55% marks in aggregate of all semester years and 1st year PG Diploma in Statistics or related subjects from the reputed institute; or
  • Masters in Statistics from Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years, or
  • PG Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with at least 55% marks in aggregate of all semesters/years or equivalent grade.

Note: For SC, ST and PWD RBI Grade B candidates, the minimum marks required in Master’s Degree should be 50% in aggregate of all semesters/years or an equivalent grade.

RBI Grade B Exam Pattern

RBI Grade B exam is one of the toughest exams in India, especially in the Banking and Finance sector. With the detailed knowledge about the exam pattern, you can start making your preparation strategy accordingly. As discussed previously, the exam has 3 sections, let us take a look at each one in detail:

Preliminary Exam

In the Prelims, students have 2 hours to complete 200 questions, carrying a total of 200 marks. The exam format for the RBI Grade B Prelims is discussed below:

Subject Number of Questions Maximum Marks
General Awareness 80 80
Reasoning 60 60
English Language 30 30
Quantitative Aptitude 30 30
Total 200 200

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Mains Exam

The mains of RBI Grade B exam has varied syllabus with 3 papers. The exam format for the mains exam is discussed below:

Name of the Paper Paper Type Maximum Marks Duration
PAPER I –  Economics and Social Issues Objective 100 90 minutes
PAPER II – English (Writing Skills) Descriptive (type with keyboard) 100 90 minutes
PAPER III – Finance and Management Objective 100 90 minutes
Total 300 4 hours and 30 minutes

Note: There is a negative marking of 0.25 for every wrong answer in RBI Grade B Prelims and Main exam.


According to the total score obtained in the RBI Grade B Mains exam of all categories, candidates are shortlisted for the interview round which carries a total of 50 marks. It is conducted either in English or Hindi. And, the final selection will be through the merit list prepared by the board.

RBI Grade B Exam Syllabus for 2021 

The comprehensive syllabus for RBI Grade B Prelims Exam comprises of the following:

Section Topics Covered
General Awareness Basic General Knowledge; Current Affairs; Indian Financial System; Indian Banking System; Banking Terms; Banking History; Monetary Plans; Economic News; National and International Institutions; Abbreviations; Government Schemes; Banking Agreements; Sports News; Awards; Books and Authors.
Quantitative Aptitude Ratio & Proportion; Mensuration; Percentage; Average; Speed, Time and Distance; Time and Work; Permutation and Combination; Mixture and Alligation; Data Interpretation; Probability; Stocks and Shares; Simplification; Quadratic Equations; Inequalities; Number Series; Upstream and Downstream; Profit and Loss; Simple and Compound Interest.
Reasoning Ability Puzzles; Seating Arrangement; Inequalities; Direction Test; Blood Relation; Syllogism; Input-Output; Data Sufficiency; Machine Input; Coding-Decoding; Ranking; Alphanumeric Series.
English Language Reading Comprehension; Cloze Test; Fill in the Blanks; Sentence Rearrangement; Jumbled Words/Sentences; Error Spotting; Sentence Framing; Match the Columns; Vocabulary; Grammar.

A detailed breakdown of all the major topics covered in the RBI Grade B Mains exam has been discussed below:

Paper Topics Covered
Economics and Social Issues Growth and Development; Economic Reforms in India; Social Structure in India; Corporate Governance; Development in the Financial Sector; Export-Import Policy; Illiteracy; Balance of Payments; Rise in Inequality; Rigid Labour Law; Human Resource Development; Inflation; Regionalism and Language Conflicts; Poor Education Standards; Globalisations; Social Structure in India; Employment Generation in India; Sustainable Development; Monetary and Fiscal Policy; Social Sectors in India; Benefits of International Trade; Direct and Indirect Taxes; Insurance and Capital Marketing; Government debt.
English (Writing Skills) The paper will be framed in a way which will examine the writing skills of a candidate and in-depth understanding pertaining to the topic.
Finance and Management Union Budget; Regulation of Banks; Risk Management in Banking Sector; Technology in Finance; Corporate Governance; Human Resource Development; Motivation and Incentives; Regulators of Banks and Financial Institutions; Development in the Financial Sector; Financial Sector Regulations; Monetary Policy; Union Budget; Inflation; The Managing Process; Career Planning; Role of Incentives; Role of Information Technology; Communication ChannelsLeadership; Nature and Scope of Management.

Application Process 

Following the below mentioned simple steps, you will be able to complete the application process of the RBI grade B exam- 

  • Log on to the official website and click on new registration to begin 
  • You will be directed to a new window where you will have to fill in all the required details 
  • Once you have created your ID through registration, you will have to login again using the registration number and password
  • Fill in the basic information required 
  • Upload the scanned copy of your image as well as signature in the prescribed format
  • Verify all the information and click on the button to submit
  • Complete the process by submitting the application fee as per the option of your convenience

Application Fee

For the RBI Grade B examination, here is the estimated application fee per category-

Category Charges Amount
SC/ ST/ PwD Intimation Charges only INR 100/-
GEN/ OBC/ EWS Application fee including Intimation Charges INR 850/-

Admit Card

Every year, the admit card of the RBI Grade B exam is released 10-15 days prior to the date of the examination. Candidates can download their respective copies from the official website.

RBI Grade B Exam Vacancies for 2021

For the year 2021, the RBI has announced the below mentioned number of vacancies for the Grade B post-

Posts Vacancy
Officers in Grade ‘B’(DR)- General 270
Officers in Grade ‘B’(DR)- DEPR 29
Officers in Grade ‘B’(DR)- DSIM 23
Total 322

RBI Grade B Salary 

The candidates who get selected as the Grade B officers earn lucrative salaries every month. They become eligible for various perks such as Dearness Allowance, Local allowance, House Rent Allowance, Family Allowance, etc. Here is the average salary of this post-

Basic Pay Rs. 35,150/- p.m.
Gross Emoluments Rs. 75,831/-(approx.)

Examination Centres 2021

It is very important to know where your test will be conducted. So, here’s a complete list of examination centres for RBI Grade B Prelims as well as Mains exam. 

Prelims Examination Centres

State or Union Territory Examination Centre
Andaman & Nicobar Port Blair
Andhra Pradesh & Telangana Guntur, Narasaraopet, Hyderabad, Rangareddy-Kodada, Karimnagar, Warangal, Rajahmundry, Kakinada, Tirupati, Chittoor, Vijaywada, Kanchikacherla, Gudlavalleru, Eluru, Vishakhapatnam and Vizianagaram
Arunachal Pradesh Itanagar and Naharlagun City
Assam Dibrugarh, Guwahati, Jorhat and Silchar
Bihar Bhagalpur, Muzaffarpur and Patna
Chandigarh Chandigarh
Chattisgarh Raipur and Bhilai
Daman & Diu Jamnagar
Goa Varna
Gujarat Ahmedabad, Gandhi Nagar, Bhavnagar, Jamnagar, Rajkot, Surat and Vadodara
Haryana Hissar, Karnal and Rohtak
Himachal Pradesh Dharamsala and Shimla
Jammu & Kashmir Jammu
Jharkhand Bokaro, Dhanbad, Jamshedpur and Ranchi
Karnataka Belgaum, Bagalkot, Bengaluru, Chikaballapur, Kolar, Tumkur, Gulbarga, Bidar, Hubli, Dharwad, Haliyal, Gadag, Mangalore, Mysore, Mandya and Udi
Kerala Kannur, Kasargod, Kochi, Alappuzha, Kottayam, Pathanamthitta, Kozhikode, Malappuram, Thrissur, Palakkad, Thiruvananthapuram, Kollam and Nagercoil
Lakshadweep Kavaratti
Madhya Pradesh Bhopal, Gwalior, Indore and Jabalpur
Maharashtra Aurangabad, Kolhapur, Mumbai, Navi Mumbai, Thane, Nagpur, Nasik, Pune and Solapur
Manipur Imphal
Meghalaya Shillong
Mizoram Aizawl
Nagaland Kohima
New Delhi Delhi – NCR
Orissa Balasore, Berhampur (Ganjam), Bhubaneswar, Cuttack and Sambalpur
Puducherry Cuddalore and Villupuram
Punjab Amritsar, Bhatinda, Jalandhar, Ludhiana, Mohali and Patiala
Rajasthan Ajmer, Jaipur, Jodhpur, Kota and Udaipur
Sikkim Gangtok and Bardang City
Tamilnadu Chennai, Vellore, Coimbatore, Erode, Tirupur, Madurai, Virudhunagar, Dindigul Salem, Namakkal, Tiruchirapalli, Perambalur, Pudukottai, Thanjavur, Tirunelveli, Kanyakumari and Tuticorin
Tripura Agartala
Uttar Pradesh Agra, Allahabad, Bareilly, Gorakhpur, Kanpur, Lucknow, Meerut and Varanasi
Uttarakhand Dehradun, Haldwani, Nainital and Roorkee City
West Bengal Berhampore (WB), Durgapur, Kolkata, Greater Kolkata, Howrah, Hooghly, Kalyani and Siliguri

Mains Examination Centres

Ahmedabad Jammu
Bengaluru Kanpur
Bhopal Kochi
Bhubaneswar Lucknow
Kolkata Mumbai
Chandigarh Nagpur
Chennai New Delhi
Guwahati Patna
Hyderabad Pune
Jaipur Thiruvananthapuram

For more information, click on the link.

It is a haunting fact that there is a dearth of jobs at contemporary times, and fetching lucrative jobs especially in the Government sector is not everyone’s cup of tea. It is a cumbersome task which takes time to cherish. However, exams like RBI Grade B turns like a bolt out of the blue. Making a distinctive space in Reserve Bank of India needs your intelligent bent of mindset, hardworking skills and abundant knowledge in banking and financing. Also, if you are planning to pursue banking courses and are unsure about which course is the right one for you experts at Leverage Edu can help you choose an ideal course that aligns with your strengths and interests.

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