RBI Grade B 2023: What is the best preparation strategy?

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RBI Grade B 2023: What is the best preparation strategy?

RBI Grade B Official Notification 2023

RBI has released the RBI Grade B 2023 notification in a detailed manner on its official website and the online application process has started for 291 posts on 9 May, 2023 and the late date to fill the application is 9 June, 2023.

As per the official announcement, RBI will recruit a total of 291 Officers in Grade B posts under DR General PY/Economic and Policy Research and Department of Statistics and Information Management -2023.

As of now, RBI is yet to release exam dates and admit card availability, candidates who are interested should stay vigilante and keep checking RBI website for further key details

RBI Grade B: Main Highlights

RBI Grade B Notification 2023 Overview

Particulars

Details

Name of the Exam

RBI Grade B 2023

Exam Conducting Body

Reserve Bank of India 

Exam Category

Regulatory Body Exam

Exam Level

National

Exam Mode

Online

Vacancies for RBI Grade B 2023 Officers

291

Language of Exam

English and Hindi

Periodicity

Once a Year

Selection Process

Phase 1 (Prelims), Phase 2 (Mains), Interview

Official Website

RBI

Maximum Number of Attempts

6 for a General Category Candidate (If you have attempted the Phase 1 exam 6 times, then you are not eligible.)

Online Registration Start Date

9th May 2023

Last Date to Apply 

9th June 2023 (6:00 PM)

RBI Grade B Exam Date 2023 for Phase 1

9th July 2023 (General)
16th July 2023 (DEPR, DSIM)

RBI Grade B 2023 Exam Date for Phase 2

30th July 2023 (General)
2nd September 2023 (DEPR)
19th August 2023 (DSIM)

Eligibility – Age Limit 

21 to 30 Years

Eligibility – Education

Graduation in any discipline with a minimum of 60% marks for General candidates or  Post Graduation in any discipline with a minimum of 55% marks.

RBI Grade B Category Wise Vacancy Distribution 2023

Post

UR/General

SC

ST

OBC

EWS

Total

Officers in Grade B (DR) – General

109

25

17

49

22

222

Officers in Grade B (DR) – DEPR

14

4

6(4)

11

3

38

Officers in Grade B (DR) – DSIM

9

8(5)

5(5)

6

3

31

Total

132

37(5)

28(11)

66

28

291

RBI Grade B Notification Dates Analysis

Date of Advertisement/

Notification

Phase 1 Exam Date (For General Posts)

Phase 2 Exam Date (For General Posts)

Days Between Notification & Phase 1 Exam

Days Between Phase 1 & Phase 2 Exam

26th April 2023

9th July 2023

30th July 2023

75 days

21 Days

28th March 2022

28th May 2022

28th June 2022

60 Days

30 Days

RBI Grade B Eligibility Criteria 2023

Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.

RBI Grade B Educational Qualification 2023

  • For the post of Officer in Grade B(DR)- General, candidates must have a graduation degree in any discipline or an equivalent professional qualification with a minimum of 60% marks.
  • For the post of Officer in Grade B(DR)- DPER, candidates must have a master’s degree in economics and quantitative economics with a minimum of 55% marks aggregate of all semesters.
  • For the post of Officer in Grade B(DR)- DSIM, candidates must have a master’s degree in Mathematics or Statistical Mathematics with a minimum of 55% marks.

RBI Grade B Age Limit

The candidates who wish to appear for the RBI Grade B exam have to meet certain age requirements. The minimum age limit to be eligible for the exam is 21 years old and the maximum age limit is 30 years old. However, there is some age relaxation provided for different categories as per government rules.

Category

Age Relaxation (years)

SC/ST

5

OBC

3

Physically Handicapped

10

PH+ OBC

13

PH+ SC/ST

15

RBI Grade B Selection Process 2023

  • Phase 1 (Prelims) of the RBI Grade B 2023 Exam is qualifying in nature.
  • Phase 2 (Mains) will have both objective and descriptive questions.
  • Phase 3 which is Interview will be conducted for a total of 75 marks.

RBI Grade B Preparation Strategy 2023

In order to crack RBI Grade B 2023 Exam, candidates need to start by familiarizing themselves with the syllabus and exam pattern.

  • English: Your target must be to attempt 25 questions in 18 -20 minutes.
  • General Awareness: You must attempt 65-70 questions in 20 minutes with high accuracy. Don’t panic or attempt wrong if you don’t know some questions. You have room to leave 10-15 questions. If you don’t know how to prepare & score well in GA, check out How to Score 55+/80 in the General Awareness section.
  • Quantitative Aptitude: You must target at least 15 correct questions in 25-30 minutes. After doing 15 correct questions, move to the next section & if time permits come back to do 3-4 more correct questions.
  • Reasoning: A minimum of 35 questions must be attempted if all are correct. Otherwise 40 questions with high accuracy in 45-50 minutes.

The first step to start the preparation is going though the Previous Year Solved Question Papers in order to get a feel of the exam and the kind of questions asked.

You can also determine the difficulty level of various subjects and plan accordingly.

Getting an updated Practice book/guide that latest current affairs questions with special focus on the Banking/ Economy/ RBI portion in General Awareness (as a lot of questions were asked from Economy in the previous exams with detailed Solutions) is a better option than compiling study material from multiple sources. Candidates must keep in mind that the quality of the study material matters more than the quantity.

Candidates should complete their preparation by solving Mock Tests to analyse their preparation and improve in the areas which offer scope.

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