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Do you want to prepare for one of the most prestigious government exams, RBI Grade B? Then you must be looking for RBI Grade B Phase 1 eligibility before starting your preparation. The Reserve Bank of India (RBI) has set specific eligibility criteria for candidates to apply for Grade B Officers.
The eligibility criteria include educational qualification, age, and nationality. RBI Grade B eligibility criteria for 2023 have not been released yet. But candidates can check the previous year’s eligibility criteria to get an idea as it will not be changed. This article will provide all the crucial information regarding RBI Grade B Phase 1 eligibility. Check out the details below.
Candidates can check the RBI exam eligibility criteria below.
According to the RBI Officer Grade B Phase 1 Eligibility set by the RBI, the candidate must fulfil the below criteria.
Candidates interested in the RBI Grade B Phase 1 exam must note the educational criteria for its recruitment process. The table below indicates that candidates must meet the minimum educational standards from a recognised university or board. According to the RBI’s Grade B Officer eligibility guidelines, candidates waiting for their results cannot apply for any open positions. Check the table below.
| Post | Required Educational Qualification |
|---|---|
| Officers in Grade ‘B’ (DR) – (General) | Graduation in any discipline or equivalent technical or professional credentials with a minimum of 60% marks (50% for SC/ST/PwBD candidates) or Post-Graduation or Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD candidates) in aggregate of all semesters or years |
| Officers in Grade ‘B’ (DR) –DEPR | A Master’s Degree in Economics or Econometrics or Quantitative Economics or Mathematical Economics or Integrated Economics Course Finance, with a minimum of 55% marks or equivalent marks in all semesters or years from a recognised Indian or Foreign University or Institute; OR PGDM or MBA Finance with minimum 55% marks or an equivalent marks in aggregate of all semesters or years from a recognised Indian or Foreign University or Institute; OR Master’s Degree in Economics in any of the sub-categories of economics including agricultural or business or developmental or applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters or years from a recognised Indian or Foreign University or Institute. |
| Officers in Grade ‘B’ (DR) –DSIM | A Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years; OR Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from an institute of repute; OR M. Stat. degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters/years OR Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years. |
The RBI sets an upper and lower age limit for candidates who wish to appear for the RBI Grade B Exam. The upper age limit for candidates, depending on their category, is given in the table below.
| Category | Age in Years |
|---|---|
| SC/ST | 35 |
| OBC | 33 |
| General | 30 |
| Ex-employees of Banking Institutions [Terminated for reasons of economy or bank going into liquidation] | 35 |
| Ex-Servicemen | 35 |
| The persons with benchmark disabilities | 40 |
Candidates from the reserved categories get certain relaxation on the RBI Grade B Age limit. The age relaxation on the RBI Grade B exam for candidates under the reservation category is available below:
| Category | Age Relaxation |
|---|---|
| Physically Handicapped | 10 years |
| OBC | 3 years |
| SC/ST | 5 years |
| PH + SC/ST | 15 years |
| PH+OBC | 13 years |
Check out the frequently asked questions on RBI Grade B Phase 1 eligibility below.
Ans. Candidates appearing for the RBI Grade B exam must not be under 21 years, and the maximum age limit differs for candidates belonging to different reserved categories.
Ans. Candidates must mention their final Graduation marks while filling out the RBI Grade B exam application form. Therefore, candidates waiting for the final year results cannot apply for the RBI Grade B Phase 1 exam.
Ans. Yes, all those RBI employees who joined before 2004 are entitled to a pension. But now all the Government Organisations come under the No Pension Scheme. Therefore, there is no pension for recently recruited RBI employees.
Ans: The educational qualification is different for each post. Candidates can check the details in this article.
Ans: Candidates can install the Embibe app and log in by entering their mobile number or email ID to attempt RBI Grade B mock tests for.
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