Name of the Recruiting Body : RBI Grade B

Type of Services :RBI Officers (Grade-B)

Educational Qualification :

A minimum of aggregate 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.

Salary Package :

RBI Officers (Grade-B) Salary

As you will be working in the central bank of the country, the job profile of your’s is going to be very dynamic and versatile. After getting selected as RBI Grade B officer, you will be on probation for 2 years including 15 weeks training at Reserve Bank Staff College. Also, your job profile will depend on the location and department you will be going to work in and the departments can be as follows:

Currency Issue and Circulation

Being an RBI Grade B officer, you have to maintain the circulation of currency and coins issued by RBI. Work related to the currency is managed by this department in which you are working with a team of assistants and officers.

Maintaining Financial Stability

In this department, work is very interesting as you have to continuously check on the inflation. You have to control the supply of liquidity in the market. You will be working with the energetic team where you will play an important role in decision making and managing liquidity in marked by various policies.

Currency Issue and Circulation

Being an RBI Grade B officer, you have to maintain the circulation of currency and coins issued by RBI. Work related to the currency is managed by this department in which you are working with a team of assistants and officers.

Management of Government Accounts

As said RBI is bankers bank so same in this department your role going to be. You will have to manage various government and central bank accounts and need to perform all the banking functions of RBI. You will be managing various government sector's bank account.

RBI Grade B officer: Salary and Allowances

An RBI Grade-B Officer draws 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. 75,831/-(approx). One can also take benefits of Telephone charges, Newspaper, book grant, Spectacles, Furnishing of Residence Allowance, Life Insurance Coverage, Sodexo meal, Medical Insurance, and Educational Leaves etc. as per eligibility.

Out of the 4 Deputy Governors, 2 are selected from within the RBI ranks and these are those who joined as Grade B Officer level. Most of the Grade B direct recruits can reach to CGM (Chief General Manager) level before retirement. After CGM promotions, avenues are limited to Executive Director and DG and that depends on age and other factors at that time. Also, there are examinations to get promotion and reach the next level.

RBI Officers (Grade-B) Eligibility Conditions :

Eligibility criteria include Age limit and Educational Qualification. For RBI Officers (Grade-B) 2018 examination, the lower and upper age limits were 21 years and 30 years respectively.

RBI Grade-B Dates 2019 :

In the year 2018, the Preliminary and Mains examinations were conducted in the month of August and September respectively. The objective type examinations are then followed by a Personal Interview round which is held in the month of October. To get an idea of the complete schedule followed by RBI every year, you can check the details of RBI Grade-B 2018 events mentioned in the table given below :

S.No. Event Date
1. Release of online application form 03rd July 2018
2. Last date to submit online application form 23rd July 2018
3. The release of Admit card for Phase-I Exam August 2018
4. Commencement of Phase-I exam 16th August 2018
5. Declaration of the result of Phase-I Exam August 2018
6. The release of Admit Card for Phase-II Exam August 2018
7. Commencement of Phase-II exam 07th September 2018
8. Declaration of the result of Phase-II Exam September 2018
9. Interview Process October 2018
10. Declaration of final result November 2018


RBI Officers (Grade-B) 2019 Preliminary (OBJECTIVE) :

S.No. Subjects No.of.Questions Marks Remarks Duration
1. General Awareness 80 80 -0.25 marks Composite time of 120 minutes.
2. Maths 30 30
3. English Language 30 30
4. Reasoning Ability 60 60
Total 200 200

Mains Examination Pattern :

S.No. Name of the Paper Type of the Paper Time (Mins) Marks
1. Paper I Economic & Social Issues Objective Type 90 100
2. Paper II English (Writing Skills) Descriptive (to be typed with the help of keyboard) 90 100
3. Paper III Finance & Management Objective Type 90 100

Important Note

Interview (50 marks) :

Candidates are shortlisted for the personal interview round based on an aggregate of marks obtained in Phase-II (Paper-I + Paper-II + Paper-III). Candidates are given the option to opt for interview either in Hindi or English. Final Selection is done through merit list which is prepared by adding marks secured by candidates in Phase-II examination and interview.

Marks obtained by the candidates in the Main examination will be considered for shortlisting for Interview and preparation of final merit list.

Note :

The penalty for Wrong Answers (Applicable to both - Preliminary and Main examination) :

There is a penalty for wrong answers marked in the Online Objective Tests. For each wrong answer, one-fourth of the marks assigned to that question is deducted as penalty to arrive at corrected score. No marks are deducted for un-attempted questions.

Detailed RBI Officers (Grade-B) Syllabus 2019 :

Phase – I

RBI Assistant Examination has two phases of Online Test for which candidates have to thoroughly study the following subjects :

English Language : Reading Comprehension
Cloze Test
Sentence Errors
Vocabulary based questions
Sentence Improvement
Jumbled Paragraph
Paragraph Based Questions (Paragraph Fillers, Paragraph Conclusion, Paragraph/Sentences Restatement)
Reasoning Ability : Puzzles
Seating Arrangements
Direction Sense
Blood Relation
Order and Ranking
Machine Input-Output
Alpha-Numeric-Symbol Series
Data Sufficiency
Logical Reasoning (Passage Inference, Statement and Assumption, Conclusion, Argument)
Quantitative Aptitude : Data Interpretation (Bar Graph, Line Chart, Tabular, Caselet, Radar/Web, Pie Chart)
Inequalities (Quadratic Equations)
Number Series
Approximation and Simplification
Data Sufficiency
Miscellaneous Arithmetic Problems (HCF and LCM, Profit and Loss, SI & CI, Problem on Ages, Work and Time, Speed Distance and Time, Probability, Mensuration, Permutation and Combination, Average, Ratio and Proportion, Partnership, Problems on Boats and Stream, Problems on Trains, Mixture and Allegation, Pipes and Cisterns)
General Awareness : Banking and Insurance Awareness
Financial Awareness
Govt. Schemes and Policies
Current Affairs
Static Awareness

Phase – II

Paper-I :
Economic and social Issues :
Growth and Development
National Income and per capita income
Economic Reforms in India
Monetary and Fiscal Policy
Balance of Payments
IMF and World Bank, WTO
Social Structure in India
Social Justice
Indian Political System
Health and Education
Paper-II :
English (Writing Skills) :
The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.
Paper-III :
Finance and Management :
Regulators of Banks and Financial Institutions
RBI and its functions
Financial Markets
The Union Budget
Corporate Governance in Banking Sector
Financial Inclusion
Risk Management in Banking Sector
Basics of Derivatives: Forward, Futures, and Swap
Changing Landscape of Banking sector
An alternate source of finance
Public-Private Partnership (PPP)

RBI Officers (Grade-B) Cut Off 2018 :

RBI Grade-B Phase-I 2018 Exam :

Test wise and aggregate Cut–off marks in Phase- I examination held on August 16, 2018 and September 2, 2018 for shortlisting the candidates for Phase-II examination for the post of Officers Grade-B (General)–DR – BY-2018 :
Section GENERAL AWARENESS (Maximum Marks = 80) REASONING (Maximum Marks = 60) ENGLISH LANGUAGE (Maximum Marks = 30) QUANTITATIVE APTITUDE (Maximum Marks = 30) TOTAL SCORE/ AGGREGATE (Maximum Marks = 200)
GENERAL/UR 20.00 15.00 7.50 7.50 105.75
OBC 16.00 12.00 6.00 6.00 95.75
SC 14.25 10.75 5.25 5.25 91.75
ST 14.25 10.75 5.25 5.25 91.75
PWD (OH/ HI/VH/MD) 14.25 10.75 5.25 5.25 91.75


  • Total Classes -62
  • Total Duration-124 hours.
  • Total Mock Test-40 sets (Both Online & Offline)
  • Total Course Duration-3 months
  • Total Discussion Class-5
S. No. Batch Duration Timing
1. Regular Batch (Monday – Friday) 3 months 7.00 a.m. to 9.00 a.m
10.00 a.m. to 12.00 p.m.
6.00 p.m. to 8.00 p.m.
2. Weekend Batch (Sunday Only) 4 months 10.00 a.m. to 2.00 p.m.


Interview Class for Banking :

In 3 days intensive classroom training programme by banking specialist.

Mock Interview conducted by senior PSO Bankers/ Government officials.

Banking & Current Affairs recap.


Note :

The orientation class will conducted on every Saturday at 6.00 p.m.


Admission Office Class Room
Shankar IAS Academy
Door No 18, Old Plot No 109, New Plot No 259, AL Block, 4th Avenue, Shanthi Colony, Anna Nagar, Chennai ‐ 600040.
Plot No.1742, 1st Floor, 18th Main Road, Anna Nagar Chennai – 600 040 Contact No. 044 - 45543082

Branch Office

Adyar-Chennai Madurai Trichy
No-2/23, 3rd Cross Street, Padmanabhanagar, Opposite to Sishya School, Adyar Chennai – 600 020, Tamilnadu 044 - 24 418886 Plot no:409/B, Mall Super Market, Second floor, Church Road, Anna Nagar, Sathamangalam, Madurai- 625020. Contact : 97896 22555 | 0452-4255455 [land mark: near Suguna stores bus stop, Second left towards Ambiga college] N.R.Towers A9( N), Salai Road, Thillai Nagar, Trichy – 620018 Contact : 0431-4976911 | 97896 64555 Land Mark – LIC -Rock fort branch building
www.shankariasacademy.com | www.iasparliament.com
7667766266 | enquiry@shankarias.in


Online Exams Coming Soon