RBI Grade B 2023 Selection Process: The Reserve Bank of India annually conducts the RBI Grade B recruitment exam. Since it is ranked as one of the top banking exams in India, many banking aspirants take the exam. Therefore, it is crucial for applicants to review the selection criteria to make better preparation strategies. RBI uses a three-tiered examination method to select candidates, which comprises Phase I, Phase II, and GD/interview.
RBI Grade B 2023 Selection Process
Phase I and Phase II are online objective/descriptive exams followed by interviews. The final merit lists will be determined by the total scores acquired during phase 2 and the interview.
Candidates interested in applying for the position of Grade B officer in the RBI should read the following article to learn more about the selection process and the RBI Grade B 2023 exam pattern. Before applying for the post, candidates must check the RBI Grade B 2023 eligibility criteria.
RBI Grade B 2023 Phase I
The first phase of the exam is of a qualifying nature. The final selection does not take into account the marks earned in this phase. However, candidates must meet both the overall and sectional cut-offs in order to take the next phase exam.
The exam is divided into four sections of 200 questions each worth one mark, with a negative marking worth 0.25 points. Candidates will have 120 minutes to complete all the sections of the exam.
RBI Grade B 2023 Phase I- Exam Pattern
| Sections | Number of questions | Total marks allotted | Duration |
|---|---|---|---|
| General Awareness | 80 | 80 | 25 minutes |
| English Language | 30 | 30 | 25 minutes |
| Quantitative Aptitude | 30 | 30 | 25 minutes |
| Reasoning Ability | 60 | 60 | 45 minutes |
| Total | 200 | 200 | 120 minutes |
RBI Group B 2023 Phase II
The second phase of the RBI Group B selection process consists of both objective and descriptive questions. Qualified candidates from Phase I will appear for the Phase II exam. The sections included in this phase are economic and social issues, finance and management, and English.
The exam comprises a total of 300 marks, and candidates get a time frame of 3 hours and 30 minutes to finish all the sections. The scores earned in this round, coupled with the marks earned in the group discussion and interview, will determine the selection of candidates. Candidates should also review the RBI Grade B 2023 Syllabus to know the topics included in the subjects.
RBI Grade B 2023 Phase II- Exam Pattern
| Sections | Exam Type | Total question | Total Marks | Duration |
|---|---|---|---|---|
| Economic and Social issues | Objective- 50% Descriptive-50% | 30 04 | 50 50 | 30 minutes 90 minutes |
| English | Descriptive | 03 | 100 | 90 minutes |
| Finance and Management. | Objective- 50% Descriptive-50% | 30 04 | 50 50 | 30 minutes 90 minutes |
RBI Grade B 2023 GD/Interview
The interview is the final round of the RBI Grade B 2023 Selection process. Candidates will be shortlisted for the interview based on their marks obtained in Phase II.
Only those candidates who have obtained sectional and overall cut-offs will be shortlisted and appear for an interview. The interview consists of 75 marks. Candidates can choose either Hindi or English as their interview language. The marks obtained in the interview will be added to the final selection.
Questions about banking knowledge, current events, the RBI, as well as personal and academic matters, are asked during the interview. Candidates are advised to carry all the important documents mentioned, such as an interview call letter, photo ID proof, education qualification certificate, caste certificate, etc.
RBI Grade B 2023 Selection Process FAQs
Ans- The RBI Grade B selection process consist of phase I, Phase II followed by GD/Interview
Ans-For the general category, there are a total of six attempts, while for the reserved category, there is no limit to appearing in the exam.
Ans-The age limit is between 21 and 30 years. Age relaxation will be given to reserved category candidates.
Ans- Yes, there is a negative marking of 0.25 marks in the RBI Grade B exam.
Does the RBI Grade B exam include any negative scoring?
Yes, the candidates would lose 0.25 points for each incorrect response.
Can I pass RBI Grade B on my first try?
One can easily pass the RBI Grade B exam on their first attempt if they put in the necessary effort and attention.
When is the RBI Grade B Phase 1 test in 2023 expected to take place?
The expected date for the RBI Grade B Phase I test is February 2023.
Do you take the RBI Assistant test online or offline?
The Reserve Bank of India conducts its CBT online exam for the RBI Assistant. Candidates must get ready for the exam using the CBT format.
How are candidates chosen for the RBI Grade B Interview?
The Phase 2 exam serves as the basis for choosing the candidates. The first exam is a qualifying one. Interview calls are made for the candidates who qualify for the phase 2 exam. The phase 2 exam and interview serve as the foundation for the final merit list and the hiring process.