RBI Grade B 2017 – Detailed Notification, Exam Pattern, Important Dates

Hello and welcome to exampundit. The Reserve Bank of India finally released the notification of RBI Grade B 2017. The following informations are taken directly from the RBI website.

Important Dates:
Application starts – May 03, 2017
Last date of application – May 23, 2017
Phase-I Online Examination – June 17, 2017
Phase-II Online Examination – July 7, 2017

General – 73
OBC – 39
SC – 22
ST – 11
Total – 145


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Educational Qualification

A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters / years.

Age Limit:

A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the 1st of May, 2017 i.e., he/she must have been born not earlier than 2nd May, 1987 and not later than 1st May, 1996. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.

Phase-I online Examination (Objective Type): This will comprise a single Paper for
200 marks and will be held on June 17, 2017. Depending on the number of candidates,
the examination may be held in multiple shifts and on some other days also. A
candidate, however, has to appear for examination in only one shift on the given day.
The date, time and venue on which a candidate has to appear for examination will be
specified in the Admission Letter (AL) to be downloaded by the candidate. The
‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will
be normalized using equipercentile method.

The Paper will consist tests of
i. General Awareness
ii. English Language
iii. Quantitative Aptitude and;
iv. Reasoning

A composite time of 120 minutes will be given for answering.

Phase II –

Recommended Test Series – Click here

Application Fees:
SC/ST/PWD – Rs.100/-
GEN/OBC – Rs.850/-

Pay Scale:  Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs. 67,933/-(approx.).

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