RBI and IBPS Exam Coaching Centre in Chennai: Shankar Banking Academy
Name of the Recruiting Body : RBI Grade B
Type of Services :RBI Officers (Grade-B)
RBI Grade B 2021 Vacancy :
RBI Grade B Vacancy 2020 will be updated once the official notification is released. The number of vacancies for the post of RBI Grade-B 2019 was 199. Willing students can fill the application form for the preferred post. In the year 2018, the total number of vacancies was 166. Complete details of RBI Grade B 2019 vacancies are given in the table below:
|1.||Officers in Grade ‘B’(DR) – General||156|
|2.||Officers in Grade ‘B’(DR) – DEPR||20|
|3.||Officers in Grade ‘B’(DR) – DSIM||23|
RBI Grade B Exam: Eligibility Criteria :
Eligibility criteria include Age limit and Educational Qualification. For RBI Officers (Grade-B) examination, the lower and upper age limits were 21 years and 30 years respectively. Complete Eligibility criteria will be updated once the official notification is released. Certain relaxation is also given based on the certain factor as given below:
|Physically Handicapped||10 years|
|PH + OBC||13 years|
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.
RBI Grade-B Educational Qualification :
|Posts||Minimum Educational Qualifications|
|Officers in Grade 'B' (DR) - (General)||
|Officers in Grade 'B' (DR) - DEPR||
|Officers in Grade 'B' (DR) - DSIM||
Salary Package :
RBI Officers (Grade-B) Salary
- As per the official notification of the RBI, the starting salary of RBI Grade B Salary in hand will be around ₹35,150/-.
- The RBI Grade B Salary is tabulated below:
|RBI Grade B Basic Pay||₹35,150/-|
|RBI Grade B Pay Scale||35150–1750(9)–50900–EB–1750(2)–54400–2000(4)–624000|
|RBI Grade B Grade Pay||Not applicable|
|RBI Grade B Salary : NET Salary Including All Allowances||₹67,933/-|
- That is not it, there are other perks as well like Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.
RBI Grade B 2021: Application Fees :
Based on the previous year’s exam fee, it is expected to be the same this year as well which is a total of ₹850/- is the application fee to be paid by candidates belonging to the General and OBC category for RBI Grade B 2020 exam while the same amount is reduced to ₹100/- for candidates belonging to SC/ST/PWD category.
LEVEL OF EXAMS :
RBI Grade B 2021 Exam Pattern :
|1.||General Awareness||80||80||-0.25 marks||Composite time of 120 minutes.|
- However, separate time will be allotted for each test. Other detailed information regarding the examination will be given in an Information Handout.
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|
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.
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.Phase – III : IBPS PO Interview :
- The total marks allotted for Interview are 100. The qualifying marks in the interview are 40% (35% for SC/ST/OBC/PWD candidates). The weightage (ratio) of CWE (Main exam) and interview for final merit list will be 80:20 respectively.
Detailed RBI Officers (Grade-B) Syllabus 2021 :
Phase – I
RBI Grade B Examination has three phases of Online Test for which candidates have to thoroughly study the following subjects :
|English Language :||Reading Comprehension|
|Vocabulary based questions|
|Paragraph Based Questions (Paragraph Fillers, Paragraph Conclusion, Paragraph/Sentences Restatement)|
|Reasoning Ability :||Puzzles|
|Order and Ranking|
|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)|
|Approximation and Simplification|
|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|
|Govt. Schemes and Policies|
Phase – II
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|
|Indian Political System|
|Health and Education|
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.|
Finance and Management :
|Regulators of Banks and Financial Institutions|
|RBI and its functions|
|The Union Budget|
|Corporate Governance in Banking Sector|
|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 Grade B Result 2021 :
RBI Grade B Result 2021 will be updated for all the stages i.e. Prelims, Mains followed by Interview once it is released on the official website of the Reserve Bank of India (RBI).
RBI Grade B Cut Off 2019: Check 2019 Cut off :
Test wise and aggregate cut-off marks in Phase-I examination held on November 9, 2019 for shortlisting the candidates for Phase-II examination for the post of Officers Grade-B (General)- DR-BY-2019
|GENERAL AWARENESS (Maximum Marks = 80)||20.00||20.00||16.00||14.25||14.25||14.25|
|REASONING (Maximum Marks = 60)||15.00||15.00||12.00||10.75||10.75||10.75|
|ENGLISH LANGUAGE (Maximum Marks = 30)||7.50||7.50||6.00||5.25||5.25||5.25|
|QUANTITATIVE APTITUDE (Maximum Marks = 30)||7.50||7.50||6.00||5.25||5.25||5.25|
|TOTAL SCORE/ Aggregate (Maximum Marks = 200)||122.00||122.00||115.50||108.00||108.00||108.00|
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)|
|PWD (OH/ HI/VH/MD)||14.25||10.75||5.25||5.25||91.75|
BANKING CLASSROOM PROGRAMS :
Total Classes -62
Total Duration-124 hours.
Total Mock Test-40 sets (Both Online & Offline)
Total Course Duration-3 months
Total Discussion Class-5
|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.
|Class Room||Admission Office|
|Plot No.1742, 1st Floor, 18th Main Road, Anna Nagar Chennai – 600 040 Contact No. 044 - 45543082||Shankar IAS Academy
Door No 18, Old Plot No 109, New Plot No 259, AL Block, 4th Avenue, Shanthi Colony, Anna Nagar, Chennai ‐ 600040.
|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. Mobile : 97896 22555 [land mark: Suguna Bus Stand, Second left]||N.R.Towers A9( N), Salai Road, Thillai Nagar, Trichy – 620018 Contact : 0431-4976911 | 97896 64555 Land Mark – LIC -Rock fort branch building||No. 207/5 United Arcade, Kauveri Avenue, State Bank Colony, Junction Main Road, Salem – 636 004. Tamil Nadu. Contact : 0427-2441961 | 89400 80039|
www.shankariasacademy.com | www.iasparliament.com
7667766266 | email@example.com
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