RBI Grade B 2021 | RBI Grade B Exam Updates

Reserve Bank of India (RBI) conducts the RBI Grade B Exam for the recruitment of Officers in Grade ‘B’ (General) - DR, DEPR (Department of Economic & Policy Research) and DSIM (Department of Statistics and Information Management) in Common Seniority Group (CSG). RBI Grade B 2021 will be conducted in three phases wherein Phase I (Prelims) and Phase II (Mains) are online computer-based examinations. And Phase III is the interview round which is the final round of this exam .

RBI Grade B Exam - Recent Updates

RBI Grade B 2020 (Phase II) Result Released 

On May 4, 2021, the Reserve Bank of India released the list of candidates shortlisted for the Grade B (General) Interview phase. Candidates who had appeared for the online exam conducted on April 1, 2021, can visit the RBI Grade B Result page. The final dates of the RBI Grade B Interview are yet to be released by the RBI. 

Read More | Preparation Tips For RBI Grade B Interview

RBI Grade B Exam Exam Notification

The notification for RBI Grade B 2020 is released on the official website. The candidates are notified about the exam calendar, syllabus, and vacancies through the notification issued by the Reserve Bank of India.
Since just 331 vacancies are released in the RBI Grade B Notification 2020, aspirants are advised not to procrastinate further and start preparing for the exam just in time to secure their rank. Here are some of the important things candidates should keep in mind before filling up the application form for RBI Grade B exam :

  • Candidates must carefully read the RBI Grade B eligibility criteria given below before filling the exam.
  • The applications for the RBI Grade B Exam 2020 can only be filled ONLINE through the official website of RBI.
  • Candidates should mark their calendars and make a note of all important dates. The forms must be filled well within the time to avoid the last-minute rush.
  • In order to avail certain relaxations, keep the required certificates updated while filling the form.
  • Ensure that you upload photographs and signatures in the format prescribed by the RBI. You can do so by following the instructions provided in the notification.
  • Carefully note the registration ID and password to log into your account for further use.

RBI Grade B Exam Eligibility Criteria

The guidelines for eligibility criteria for the RBI Grade B exam is mentioned in the notification. Candidates must qualify all the eligibility criteria to be recruited for the exam. The application for the exam is provisional in nature, even if you qualify all the rounds of the exam and fail to qualify any of the mentioned eligibility criteria, then, you will not be recruited in the examination. Thus, it is imperative that you read the information carefully before filling the form. Following are some of the basic eligibility criteria:

  • The candidate must be a citizen of India
  • At least 60% marks in Graduation (50% for reserved categories i.e SC/ST/PwBD) or an equivalent grade in Bachelor’s degree along with 10th and 12th standard examinations from any recognized university/board. The minimum qualifying percentage or an equivalent grade for the Bachelor’s degree will be in aggregate for all semesters/years
  • Candidates between the age of 21 and 30 years are eligible to apply for the examination. The exact cutoff date is mentioned in the official notification of the specific year which is yet to be released by the RBI.

For detailed information on RBI Grade B Eligibility criteria, please refer to the linked article!

RBI Grade B Exam 2020 Important Dates

RBI Grade B - Events


Announced Official Notification Date

28 January 2021

Application Form Availability Date

28 January 2021 to 15 February 2021

Application form Last Date Submission of RBI Officer Grade B

15 February 2021

RBI Exam Admit Card Release Phase -1

Last week of February

RBI Exam Date 2020 (Phase I)

6 March 2021

Result Date Announce for Phase I Exam

20 March 2021(Tentative)

Admit Card Release Date of RBI Officer Grade B Phase II

Last week of March

RBI Grade B Exam Date 2020 (Phase II)

01 April 2021

Result Date Declare for Phase II

To be announced later

Interview Date of RBI Officer Grade B

To be announced later

RBI Exam 2020 Final Result Announcement Date

To be announced later

RBI Grade B Exam Online Application

The online application for RBI Grade 2020 exam will commence after the release of official notification. Students need to apply online on the official website of RBI Grade B by following the instructions given in the notification. The exact details will be notified to you here in due course of time.

RBI Grade B Exam Vacancies

Reserve Bank of India (RBI) has released the total number of vacancies for RBI Grade B 2020-21 in the RBI Grade B Notification 2020 along with other details on its official website. The total number of vacancies released in the 2020-2021 notification is 331. The breakup of the vacancies is given below:








Officers in Grade ‘B’(DR)- General







Officers in Grade ‘B’(DR)- DEPR







Officers in Grade ‘B’(DR)- DSIM









RBI Grade B Exam Salary

The details of the salary of an RBI Grade B officer is given below:

  • RBI Grade B Officer Salary (Basic Pay): Rs. 35,150
  • Pay Scale: 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400
  • Initial Monthly Gross Emoluments: Rs.77,208/- (approx)

Read more | Life of RBI Grade B Officer: Salary, Perks & Other Benefits

RBI Grade B Exam Pattern

RBI Grade B 2020 exam will be conducted in three-phase namely:

  • Phase I (Prelims)

  • Phase II (Mains)

  • Interview

RBI Grade B Exam Pattern For Phase-I


Number of Questions

Marks Allotted

Time duration

General Awareness



Total time of 2 hours (120 minutes) is given to the candidate to complete the exam.

Quantitative Aptitude



English Language









RBI Grade B Exam Pattern For Phase-II

Name of the Paper

Type of the Paper

Duration (in minutes)


Paper I Economic & Social Issues

Objective Type



Paper-II English (Writing Skills)

Descriptive Type



Paper III Finance & Management

Objective Type



Read more | Detailed Exam Pattern for RBI Grade B Exam 2020

RBI Grade B Exam Syllabus

RBI Grade B Phase 1 Syllabus

Quantitative Aptitude

Simplification, Profit & Loss, Mixtures & Allegations, Simple Interest, Compound Interest, Surds & Indices, Work & Time

Time & Distance, Mensuration, Cylinder,, Cone, Sphere, Data Interpretation

Ratio & Proportion, Percentage, Number Systems, Sequence & Series

Permutation, Combination & Probability

Logical Reasoning

Logical Reasoning, Alphanumeric Series, Ranking/Direction/Alphabet Test, Data Sufficiency, Coded Inequalities, Seating Arrangement, Puzzle, Tabulation, Syllogism

Blood Relations, Input-Output, Coding-Decoding


Reading Comprehension, Cloze Test, Para jumbles, Fill in the blanks, Multiple Meaning /Error Spotting, Paragraph Completion

General Awareness

Current Affairs, Indian Financial Systems, Indian Banking Systems, Monetary Plans, National Institutions, Banking Terms

Check out the detailed syllabus and preparation strategy in the linked article

RBI Grade B Phase 2 Syllabus

RBI Grade B Phase 2 is a subject-specific paper comprising of three papers namely Economic & Social Issues, Finance & Management, and English. The syllabus of these papers are tabulated below:

Economic & Social Issues

Economic Reforms In India:

  • Industrial and Labour Policy

  • Monetary and Fiscal Policy

  • Privatization

  • Role of Economic Planning


  • Opening Up of the Indian Economy

  • Balance of Payments

  • Export-Import Policy

  • International Economic Institutions

  • IMF and World Bank

  • WTO

  • Regional Economic Cooperation

Growth And Development

  • Measurement of growth: National Income and per capita income

  • Poverty Alleviation and Employment Generation in India

  • Sustainable Development and Environmental issues

Social Structure In India

  • Multiculturalism

  • Demographic Trends

  • Urbanization & Migration

  • Gender Issues

  • Social Justice: Positive Discrimination in Favor of the Underprivileged

  • Social Movements

  • Indian Political System

  • Human Development

  • Social Sectors in India

  • Health and Education

English Writing Skills

  • Essay Writing

  • Precis Writing 

  • Comprehension

Finance & Management


Financial System

  • Regulators of Banks & Financial Institutions

  • Functions of RBI, the conduct of monetary policy, the Banking system of India, Financial Institutions (SIDBI, NABARD, EXIM, NHB)

Financial Markets

  • Primary & Secondary markets (Forex, Money, Bond, Equity), Functions, Instruments, Recent developments.

General Topics

  • Risk Management in the Banking sector

  • Basics of Derivatives: Forward, Futures, and Swap

  • Changing Landscape of Banking sector

  • Recent developments in the Financial sector, Portfolio investment, Public sector reforms, Disinvestments

  • Financial Inclusion – Use of technology

  • Alternate source of finance, private and social cost-benefit, Public-Private partnership

  • Corporate Governance in the Banking sector, the role of e-governance in addressing the issues of corruption & inefficiency in the government sector

  • The Union budget – Direct and indirect taxes; Non-tax sources of Revenue, GST, 13th Finance Commission and GST, Finance Commission, Fiscal policy, Fiscal responsibility, and budget management act

  • Inflation: Definition, trends, estimates, consequences, and remedies: WPI, CPI – components of trends



  • Nature & Scope

  • Processes (Planning, Organizing, Staffing, Directing, Controlling)

  • Role of a Manager in an organization


  • Tasks of a leader

  • Styles & theories

  • Successful vs Effective leader

  • Human Resource Development:

  • Concepts & goals of HRD

  • Performance appraisal – Potential appraisal & development – Feedback & Performance counseling – Career planning – Training & development – Rewards – Employee welfare.


  • Theories

  • Morale & Incentive

  • How managers motivate

  • Morale concept

  • Factors influencing morale

  • Role of incentives in building up morale


  • Steps in the communication process

  • Communication channels

  • Communication types: Oral vs Written; Verbal vs Non-verbal; Upward, downward & lateral

  • Role of IT

  • Barriers to communication

Corporate Governance

  • Mechanisms

  • Factors affecting corporate governance

Read more | RBI Grade B Phase 2 syllabus

RBI Grade B Cutoff

In order to assess your preparation, you need to have a fair bit of idea about the cutoff for both Prelims and Mains. While the score of prelims is not added for determining the final rank owing to its qualifying nature, it is very important that you have an idea about the cutoff so that you can qualify the prelims with a sufficient score. Last year, the cutoff for the General category was 122/200 for Prelims. In the following article, we have given the category-wise as well as the section-wise cutoff for both Phase-I and Phase-II. Check it out to get complete information on the previous years’ cutoff.

Read more | Detailed Analysis of RBI Grade B Cutoff

RBI Grade B Exam Preparation

RBI Grade B exam is one of the trickiest exams among the banking exams in India. Hence, you need to have a proper strategy to clear the exam. There is sufficient time left for the preparation of the RBI Grade B exam 2020, hence you need to gear up and start preparing for the exam NOW! Following are the tips that will help you in kickstarting your preparation:

  • Know the syllabus well : Read the entire syllabus of the RBI Grade B exam from the notification as well as from our page where we’ve discussed it in detail. It will give you an idea of what you need to study.
  • Glance through Previous Year Questions: Previous year questions will introduce you to just the right kind of questions that you need to prepare for this exam. Solve one of the previous year papers in the stipulated time to know where you stand and how much you need to prepare.
  • Make a study plan: The third and most important prerequisite for kickstarting your RBI Grade B preparation is a study plan. Make a proper and feasible study plan covering all the topics. Try and stick to the timeline. Incorporate sufficient time for revision in your study plan. If you need mentoring, join in an online course to boost your preparation and accelerate your chances of selection.

Read more | Everything you want to know about RBI Grade B Preparation

Career Launcher brings to the banking aspirants an exhaustive RBI course that will help in step-by-step preparation for the Mains. The syllabus of Mains is very wide and you get only about 15 days in between Prelims and Mains. Hence, it is important to prepare for the mains along with the Prelims. Our expert educators give strategic guidance to the candidates to ensure they perform well in the exam. Get in touch with our counselors to know more about our course offerings.

Looking for Guidance on RBI Grade B?