RBI Grade B FAQs 2022: All Your Questions Answered

RBI Grade B FAQs 2022: The Reserve Bank of India (RBI) is recruiting Grade B Officers through its annual RBI Grade B Officer Exam 2022. The Phase-II exam for General candidates was conducted on June 25, 2022, and the RBI Grade B exam date for DEPR and DISM is August 6, 2022. Previously, the RBI Grade B notification was published by the authorities on March 28, 2022.

Practice RBI Grade B Mock Tests Here!

*Steps to attempt a mock test are mentioned below in this article.

The RBI exam is one of the most sought-after exams in the country, and it offers a very attractive package and a reputed job profile to candidates. In this RBI Grade B Exam FAQs article, we answer all the questions related to the exam dates, vacancies, exam pattern, syllabus and much more. Let’s get started with the RBI Grade B Frequently Asked Questions.

RBI Grade B 2022 Exam Overview

Before heading into the FAQs of RBI Grade B 2022, let us take a quick look at the important details of the RBI Grade B notification.

Steps to Take RBI Grade B Mock Test

Access the unlimited RBI Grade B mock test from Embibe and improve the preparation level. Candidates can follow the below-mentioned steps to take the RBI Grade B mock test series:

• 1st Step: Visit Embibe’s official website, i.e., Embibe.
• 2nd Step: Use the mobile number/email to log in
• 3rd Step: Then select Goal as ‘RBI Grade B’ under Banking.
• 4th Step: Click Next and select the preferred language.
• 5th Step: Once done, click on the below-mentioned links to take the TEST.

RBI Grade B FAQs – Important Dates

Q.1: When will RBI release the official RBI Grade B notification for the 2022 examination?
Ans: The official notification has been released by the authorities on March 28 2022, on the official RBI website https://www.rbi.org.in/ 

Q.2: When will the RBI Grade B 2022 for Officer (DR) General Exam be held?
Ans: The RBI Grade B Exam for Officer (DR) – General will be held in two phases. The Phase-1 exam was conducted on May 28, 2022, and the Phase-2 exam was conducted on June 25, 2022.

Q.3: When will the RBI Grade B 2022 for Officer (DR) – DEPR Exam be held?
Ans: The RBI Grade B Exam for Officer (DR) – DEPR will be held in two phases. The Phase-1 exam was held on July 2, 2022, and the Phase-2 exam will be held on August 6, 2022.

Q.4: When will the RBI Grade B 2022 for Officer (DR) – DISM Exam be held?
Ans: The RBI Grade B Exam for Officer (DR) – DISM will be held in two phases. The Phase-1 exam was held on July 2, 2022, and the Phase-2 exam will be held on August 6, 2022.

Q.5: When will the RBI Grade B Phase-2 Admit Card be released?
Ans: The RBI Grade B Phase-2 Admit Card was released online on June 13, 2022 on the official website.

Q.6: When will the RBI Grade B Exam 2022 results be declared?
Ans: The RBI Grade B Exam result declaration date has not yet been announced. We will update the same on this page whenever it is released.

Q.7: When will the RBI Grade B interview process be held?
Ans: The interview process dates have not been released on the RBI Grade B Notification 2022. Stay tuned to this page for further updates.

Q.8: When will RBI declare the final RBI Grade B exam 2022 results?
Ans: The final result declaration date has not yet been announced by the authorities. We will update the same on this page whenever it is released.

RBI Grade B Exam FAQs – Vacancies

Q.1: How many vacancies are to be filled from the RBI Grade B exam 2022?
Ans: A total of 303 vacancies will be filled from the RBI Grade B Exam 2022.

Q.2: How many vacancies are announced for each RBI Grade B post for 2022?
Ans: The total vacancies for Officers in Grade ‘B’(DR) – General is 238, Officers in Grade ‘B’(DR)- DEPR is 31, Officers in Grade ‘B’(DR)- DSIM is 25, Assistant Manager – Rajbasha is 6 and Assistant Manager – Protocol & Security is 3.

RBI Grade B FAQs – Application Process

Q.1: When and where can I apply for the RBI Grade B 2022 examination?
Ans: The RBI Grade B application window was open from March 28 until April 18, 2022, on the RBI official website. Refer to the RBI Grade B Application form page for more details.

Q.2: What is the application fee to apply for the examination?
Ans: General category candidates have to pay an application fee of Rs. 850. SC/ST/PwD candidates will have to pay Rs. 100/- to apply for the RBI Grade B examination.

RBI Grade B FAQs – Selection Process

Q.1: What is the selection process for the RBI Grade B examination?
Ans: Candidates have to undergo three rounds of selection to clear the RBI examination, i.e Phase-1/Prelims examination, Phase-2/Mains examination and Interview process.

RBI Grade B FAQs – Eligibility Criteria

Q.1: What is the age limit to apply for the RBI Grade B Exam?
Ans: Aspirants applying for the RBI Grade B Exam must be between the ages of 21 to 30 years as of 1st January 2022. However, the RBI has set certain age relaxations for candidates belonging to reserved categories.

Q.2: What are the age relaxations for reserved categories to apply for the RBI Grade B exam?
Ans: The age relaxation for the RBI Grade B exam for SC/ST category is 5 years, OBC is 3 years, physically handicapped is 10 years, PH+OBC is 13 years and PH+SC/ST is 15 years.

Q.3: What is the educational qualification of candidates applying for the Officers post in Grade ‘B’ (DR) – General?
Ans: Candidates applying for Officers in Grade ‘B’ (DR) – General post must possess 60% of marks in 10th standard, 12th standard as well as in bachelors’ degree from a State or Central Board/ University respectively (50% for SC/ ST/ PWD). Or post-graduation with equivalent technical qualification marks with a minimum of 55% marks in aggregate.

Q.4: What is the educational qualification of candidates applying for Officers post in Grade ‘B’ (DR) – DEPR?
Ans: Candidates applying for Officers in Grade ‘B’ (DR) – DEPR must have a Masters’s Degree in Economics/ Finance/ Mathematical Economics/ Econometrics/ Integrated Economics Course/ Quantitative Economics with at least 55% of marks. (50% for SC/ ST/ PWD).

Q.5: What is the educational qualification of candidates applying for the Officers post in Grade ‘B’ (DR) – DSIM?
Ans: Candidates applying for Officers in Grade ‘B’ (DR) – DSIM must have a master’s degree in Mathematics/ Economics/ Mathematical Statistics/ Econometrics/ Statistical and Informatics from IIT Kharagpur with at least 55% in all years OR Master Degree in Mathematics/ PG Diploma in Statistics from reputed an Institute, or M. Statistics from ISI with 55% mark in all semesters OR PG Diploma in Business Analytics from ISI Kolkata, IIT Kharagpur, IIM Calcutta with 55% of marks. (5% relaxation for SC/ ST/ PWD).

Q.6: What is the maximum number of attempts permitted for a candidate to attempt the RBI Grade B examination?
Ans: A candidate from the General category can attempt the RBI Grade B exam for a maximum of 6 times. Candidates from SC/ST/OBC/PwBD/EWS categories do not have any limit on the number of attempts.

Q.7: Can NRIs apply for the RBI Grade B exam?
Ans: Candidates having valid proof of Indian citizenship, and are citizens of any Indian state only can apply for the examination. Also, subjects of Bhutan, and Nepal are also eligible to apply for the examination with valid consent from the central government. Check the official notification for the detailed citizenship criteria.

RBI Grade B Exam FAQs – Salary

Q.1: What is the salary for RBI Grade B Officers?
Ans: The candidates selected for RBI Grade B Officer posts will receive a basic pay of Rs.55,200/- per month. The Exact Pay Scale for the RBI Grade B Officer is Rs.55,200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750. Refer to the RBI Grade B Salary page for more details.

Q.2: How much increment will the RBI Grade B officers receive every year?
Ans: Annual increments of Rs.2850/- will be applicable for the first nine years. On completion of these nine years, the officers will get into the executive band wherein the basic pay will increase to Rs. 80,850/-. Check the official notification for the in-detail salary break up and increments.

Q.3: What allowances will RBI Grade B officers be eligible for?
Ans: Apart from the Basic Pay, RBI Grade B officers will be eligible for allowances such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance, Medical Allowance, Education Allowance, Bank Loan facility, Leave Fare Concession and more.

Q.4: What is RBI Grade B job?
Ans: The job profile of RBI Grade B officers includes handling the currency issue and its circulation, ensuring the nation’s financial stability and handling government and central bank accounts.

Q.4: What are the working hours of RBI Grade B Officers?
Ans: RBI Grade-B officers are expected to work from 9:00 A.M to 5:00 P.M for five days a week.

RBI FAQs for RBI Grade B – Admit Card

Q.1: When will the RBI Grade B 2022 Admit Card be released?
Ans: The RBI Grade B Admit Card 2022 Phase-1 was released online on May 13, 2022, on the official website, and Phase-2 was released on June 13, 2022. Phase-2 admit cards were released only to candidates who successfully cleared the Phase-1 examination.

Q.2: Where can I download the Admit Card for the RBI Grade B exam?
Ans: The RBI Grade B admit card will be released on the RBI official website. Phase-1 and Phase-2 admit cards will be released separately. Stay tuned to the RBI Grade B Admit Card page for further updates.

Q.3: Will the RBI Grade B Admit Card be sent to my postal address?
Ans: No. All candidates have to download the admit cards from the official website and take a printout of the same. Admit Cards will not be sent to any candidate through post or courier.

RBI Grade B FAQs – Exam Pattern

RBI FAQs for Phase-1/Prelims Examination

Q.1: What are the subjects that have to be studied for the RBI Grade B Phase-1 exam?
Ans: The candidates will have to prepare for 4 sections, i.e Quantitative Aptitude, Reasoning, English Language and General Awareness. Refer to the RBI Grade B exam pattern page for more details.

Q.2: What is the total time duration for the RBI Grade B prelims examination?
Ans: The total duration provided to complete the prelims exam will be 2 hours or 120 mins.

Q.3: What is the total number of questions asked in the prelims examination?
Ans: There will be a total of 200 Objective Type questions to be answered which will make up a total of 200 marks in the RBI Grade B prelims examination.

Q.4: Is there a negative marking in the RBI Grade B Phase-1 exam?
Ans: Yes. 0.25 marks will be deducted for every wrong answer in the Phase-1 examination.

Q.5: Will I lose marks if I don’t attend any questions?
Ans: If the candidate chooses not to attend any question, it does not make a difference in the final score. There will be no marks awarded or deducted if the candidate does not answer that question.

Q.6: Is the exam bilingual?
Ans: Yes. The RBI Grade B exam paper will be available in both English and Hindi.

Q.7: Will there be a sectional time cut-off in the examination?
Ans: No. There won’t be any sectional time cut-off in the examination.

RBI FAQs for Phase-2/Mains Examination

Q.1: What are the subjects that have to be studied for the RBI Grade B Phase-2 exam?
Ans: The candidates will have to prepare for 3 papers, i.e Economic and Social Issues, English (writing skills), and Finance and Management.

Q.2: What is the total time duration for the RBI Grade B Mains examination?
Ans: The total duration provided to complete the mains exam will be 270 minutes, which will be divided into 3 sections.

Q.3: Will there be a sectional time cut-off in the mains examination?
Ans: Yes. Candidates need to complete each section of the paper in a duration of 90 minutes.

Q.4: Will the RBI Grade B exam be conducted online?
Ans: Yes. The RBI Grade B prelims and mains exam will be conducted online and will be a Computer-Based Test (CBT).

RBI Grade B FAQs – Syllabus

Q.1: What are the important topics to be studied for the Quantitative Aptitude section of the paper?
Ans: The important topics to be covered for the Quantitative Aptitude section are Mensuration, Time and Work, Average, Ratio, Percentages, Speed, Distance and Time, Mixture and Allegations, Permutation and Combination, Data Interpretation and Probability. Refer to the RBI Grade B Syllabus page for more details.

Q.2: What are the important topics to be studied for the Reasoning section of the paper?
Ans: The important topics to be covered for the Reasoning section are Puzzles, Seating Arrangement, Directions and Distance, Data Sufficiency, Blood Relations, Syllogism, Coding-Decoding and Inequality.

Q.3: What are the important topics to be studied for the English Language section of the paper?
Ans: The important topics to be covered for the English Language section are Grammar, Vocabulary, Error Spotting, Comprehension, Passage Making, Jumble words, Fill in the blanks and Sentence Framing.

Q.4: What are the important topics to be studied for the General Awareness section of the paper?
Ans: The important topics to be covered for the General Awareness section are Banking & Financial Awareness, Monetary Policies, Economic Terms, Current Affairs, Financial & Economics News, Static GK, Government Schemes, Agreement & Deals, Banking terms, rates, and processes.

RBI Grade B FAQs – Exam Centres

Q.1: How many exam centres are allocated for the RBI Grade B Exam 2022?
Ans: The RBI Grade B exam will be conducted in several towns and cities across the country. Click on this link to find out the examination centre for each state.

RBI Grade B Exam FAQs – Results

Q.1: When will the RBI Grade B Exam results be declared?
Ans: The official results declaration date of the RBI Grade B Exam has not yet been announced. However, it will be announced approximately a month after the examination.

Q.2: Where can I check the results of the RBI Grade B 2022 examination?
Ans: The results will be declared on the RBI Official Website https://www.rbi.org.in/

Q.3: Are the results of all phases declared together?
Ans: No. The RBI Grade B results will be declared separately for each phase. Candidates clearing Phase-1 will be eligible to attend the Phase-2 exam. Candidates clearing the Phase-2 exam will be called for the interview process. The final selection will be based on performance in the interview round.

RBI Grade B FAQs – Cut-Off Marks

Q.1: What are the factors deciding the cut-off marks for the RBI Grade B exam?
Ans: The factors deciding the cut-off marks are:

• Total number of vacancies.
• Difficulty level of the exam.
• Marks obtained by all candidates.
• Total number of applicants appearing for the exam.

Q.2: Where can I check the cut-off scores for RBI Grade B Exam 2022?
Ans: The cut-off scores for the examination will be released by the RBI on their official website.

Q.3: When will the cut-off scores be released for RBI Grade B Exam 2022?
Ans: The cut-off scores for the examination will be released by the authorities a few days after the examination is completed.

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We hope this article on RBI Grade B Officer Exam 2022 FAQs has cleared all your doubts and queries. Stay tuned to Embibe for more details regarding the RBI Grade B Exam 2022.