RBI Recruitment 2016 Job: 163 Officers Vacancy in Grade-B Cadre

Reserve Bank of India (RBI) invites applications from eligible candidates for recruitment to the post of Officers in Grade ‘B’(General). The initial appointment of General Officer (Grade-B) will be subjected to a probation period of two years from the date of joining. The posts will be regularized with RBI after successful completion of probation period. At the discretion of RBI, the probation period may extend up to 4 years at certain cases.

Officers in Grade ‘B’(General)- 163 Vacancies

Important Dates:
Starting Date for Online Registration/ Payment of Fees: 18-July-2016
Last Date for Online Registration/ Payment of Fees: 09-August-2016
Phase I Online Examination: 04-September-2016
Phase II Online Examination: 19-September-2016

Academic Requirements: The applicant must have obtained a First Class Bachelor’s Degree with a minimum of 60% marks in aggregate of all semesters/ years.
NOTE: For SC/ ST/ PWD candidates the academic norm will be relaxed up to a 2nd Class with a minimum of 50% marks in aggregate of all semesters/ years in Bachelors Degree. SC/ ST/ PWD candidates having a Post-graduate Degree or equivalent are also eligible to apply. The academics must have been obtained from a recognized university/ Institution as per the sovereign regulations of the Government of India.

Age Requirements: The applicants interested for these posts should have obtained a minimum age of 21 years and should not have exceeded 30 years of age as on 01-July-2016. The upper age limit for candidates having M.Phil. qualification will be 32 years as on the scheduled date. Similarly, for the candidates having Ph.D. the upper age limit will be relaxed up to 34 years with reference to the scheduled date. The upper age limit is also relaxed for SC/ ST/ PWD and candidates having significant Banking Industry Exposure as per standard rules of RBI.

Number of Attempts: The maximum permissible number of attempts for candidates belonging to Unreserved/ General Category has been increased from 4 to 6.

Selection Process: Candidates will have to appear in the computer based examination (Objective type with Multiple Choice Question pattern) consists of two phases, viz., Phase-I and Phase-II, followed by Interview.

Phase-I [Duration of Exam- 02 Hours, Total Marks- 200]: There are four modules in Phase-I Examination, as General Awareness, English Language, Quantitative Aptitude, and Reasoning.

Phase-II [Duration of Exam- 04 Hours and 30 Minutes that is 01 Hour and 30 Minutes for each paper, Total Marks- 300 that is 100 Marks for each paper]: There are three papers in Phase-II Examination as English (writing skills), Economic & Social Issues, and Finance & Management/ Economics/ Statistics.

Note: Only successful candidates of Phase-I will be allowed to appear for Phase-II examination.

Interview [Total Marks- 50]:  Candidates will be shortlisted for interview on the basis of the results of Phase-II examinations.

Final selection of candidates will be based on marks secured by candidates in Phase-II (Paper-I + Paper-II + Paper-III) and Interview.

Service Liability: The applicants selected for these posts are liable to be posted anywhere in India as per All India Service Liability (AISL)

Application Fee: 
Rs. 100/- for SC/ ST/ PwD candidates
Rs. 850/- for General/ OBC category candidates

How to Apply: Apply Online
The candidates can apply Online only through the website of RBI at www.rbi.org.in
Before applying for these coveted posts, candidates should refer to the original advertisement available at www.rbi.org.in
For complete detail on this recruitment, please go through official recruitment notification from RBI, here, opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=3212. The candidates are requested to log in to the portal of RBI at www.rbi.org.in to know about detailed information and updates periodically.

With the present announcement from the Reserve Bank of India Services Board, Mumbai, 134 vacancies are notified for selection of candidature for the Positions of Officers in Grade-B cadre. The details of the vacancies and the criteria for recruitment are detailed as under:

Important Dates to Cater for:
Opening of web-gateway for Online Registration of Application: 05-October-2015
Closing of web-gateway for Online Registration of Application: 23-October-2015
Payment of Application Fees/ Intimation Charges can be made: From 05-October-2015 till 23-October-2015
Date of Phase 1 Online Examination: 21-November-2015, and 22-November-2015
Date of Phase 2 Online Examination: 07-December-2015

Details of Job Position: General Officer (Grade B)
Number of vacancies: 134 vacancies

Period of Probation: The initial appointment of General Officer (Grade-B) will be subjected to a probation period of two years from the date of joining. The posts will be regularized with RBI after successful completion of probation period. At the discretion of RBI, the probation period may extend up to 4 years at certain cases.

Service Liability: The applicants selected for these posts are liable to be posted anywhere in India as per All India Service Liability (AISL)

Academic Requirements: The applicant must have obtained a First Class Bachelor’s Degree with a minimum of 60% marks in aggregate of all semesters/ years.
NOTE: For SC/ ST/ PWD candidates the academic norm will be relaxed up to a 2nd Class with a minimum of 50% marks in aggregate of all semesters/ years in Bachelors Degree. SC/ ST/ PWD candidates having a Post-graduate Degree or equivalent are also eligible to apply. The academics must have been obtained from a recognized university/ Institution as per the sovereign regulations of the Government of India.

Age Requirements: The applicants interested for these posts should have obtained a minimum age of 21 years and should not have exceeded 30 years of age. The upper age limit for candidates having M.Phil. qualification will be 32 years as on the scheduled date. Similarly, for the candidates having Ph.D. the upper age limit will be relaxed up to 34 years with reference to the scheduled date. The upper age limit is also relaxed for SC/ ST/ PWD and candidates having significant Banking Industry Exposure as per standard rules of RBI.

Number of Attempts: The maximum permissible number of attempts for candidates belonging to Unreserved/ General Category has been increased from 4 to 6.

Selection Process:  Reserve Bank of India introduced a new scheme of selection for recruitment of officers in Grade-‘B’, from recruitment year 2015. Candidates will have to appear in the computer based examination (Objective type with Multiple Choice Question pattern) consists of two phases, viz., Phase-I and Phase-II, followed by Interview.

Phase-I [Duration of Exam- 02 Hours, Total Marks- 200]: There are four modules in Phase-I Examination, as General Awareness, English Language, Quantitative Aptitude, and Reasoning.

Phase-II [Duration of Exam- 04 Hours and 30 Minutes that is 01 Hour and 30 Minutes for each paper, Total Marks- 300 that is 100 Marks for each paper]: There are three papers in Phase-II Examination as English (writing skills), Economic & Social Issues, and Finance & Management/ Economics/ Statistics.

Note: Only successful candidates of Phase-I will be allowed to appear for Phase-II examination.

Interview [Total Marks- 50]:  Candidates will be shortlisted for interview on the basis of the results of Phase-II examinations.

Final selection of candidates will be based on marks secured by candidates in Phase-II (Paper-I + Paper-II + Paper-III) and Interview.

How to Apply: Apply Online
The candidates can apply Online only through the website of RBI at www.rbi.org.in
Before applying for these coveted posts, candidates should refer to the original advertisement available at www.rbi.org.in
The candidates are requested to log in to the portal of RBI at www.rbi.org.in to know about detailed information and updates periodically.

Established on 01-April, 1935, the Reserve Bank of India (RBI) came into existence in India with the provision of the Reserve Bank of India Act, 1934. As on date, RBI is the premier banking institution of India acting as the regulating authority of banking and finance in the country. Since its establishment in
the year 1935, the RBI is working tirelessly to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India. The RBI generally operates the currency and credit system of the country to its advantage as per the banking regulatory norms. Governed by a central Board of Directors, appointed by the Government of India, RBI works in the best interest of the country in controlling the foreign reserves and regulating the value of currency with respect to the currencies of other nations. The Board for Financial Supervision (BFS) guides the RBI for smooth functioning as per the RBI Act, with the main objective of maintaining price stability and ensuring adequate flow of credit to productive sectors. A job with RBI is considered to be the most respectable job in Indian banking sector. The RBI is operating presently from its headquarter in Mumbai, the financial capital of India.

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