RBI SO Exam 2024: [Notification, Syllabus and Exam Date]

RBI SO Exam 2024: [Notification, Syllabus and Exam Date]

Reserve Bank of India conducts RBI SO Exam 2024 to shortlist candidates for special department posts. This examination is held annually and the registration starts between March and April.

The exam is organized for various posts, including human resource development, risk modelling, professional copy editing, finance, and forensic audit.

The RBI SO application form date will be soon, and you will be notified via its official website: https://www.rbi.org.in/.

To get more information, stay tuned till the end!

 

Overview!

Exam Name RBI Specialist officer
Conducting Authority Reserve Bank of India
Purpose Specialist officer recruitment
Exam Level National
Exam Frequency Every year
Positions Data analytics, forensic audit, finance, risk modelling, professional copy editing, HR management
Exam mode Online
Official Website https://www.rbi.org.in/

 

RBI Grade B 2024 Exam Date:

Following are the RBI Grade B 2024 Exam Date:

 

Important Events Dates (Tentative)
Commencement of online registration March/April 2024
Closure of registration of application March/April 2024
Closure for editing application details April/May 2024
Last date for printing your application April/May 2024
Online Fee Payment April/May 2024
RBI Grade B exam date for Phase 1 June/July 2024
RBI Grade B exam date for Phase 2 July 2024

 

Note: All the details mentioned in this blog are expected. Once the official notification is released, the information will be updated here.

Syllabus

RBI Grade B Phase 1 Syllabus

Section Syllabus
Quantitative Aptitude Data Interpretation, Quantity Based Questions (Q1, Q2, Q3 etc), Data Sufficiency, Simplification, Approximation, Quadratic Inequalities, Number Series (missing and wrong no. series)

Important Arithmetic Topics: Partnership, Average, Ages, Profit & Loss, Time & Work, Speed-Time-Distance, Boat & Stream, Trains, Simple Interest and Compound Interest, Percentage, Ratio & Proportion

Reasoning Alphanumeric Series, Order and Ranking, Direction Sense, Alphabet Test, Data Sufficiency, Inequalities, Seating Arrangement, Puzzle, Syllogism, Blood Relations, Input-Output, Coding-Decoding, and Logical Reasoning
English Cloze Test, Fillers, Spotting the Errors, Para Jumbles, New Pattern Questions, Idioms and Phrases, Word Rearrangement, Column Based Questions, Sentence Improvement, Paragraph Completion, Grammar, Reading Comprehension
General Awareness Current Affairs, Indian Financial System, Indian Banking System, Monetary Plans, National Institutions, Banking Terms, etc
Specific Topics for Current Affairs
Appointments/ Committees/ Constituencies, Sports, Awards/Film Festivals, Meetings/ Summits, Schemes/ Campaigns/ Portals, International News/ India’s initiative with other countriesMiscellaneous – Ports/Industrial Parks, museums, Power plants, nuclear plants, any missile launch etc, Reports/Indices, Obituary, Banking Terminology, Headquarters of Banks, Economic and Financial news (like news related to Monetary Policy; Important Guidelines), Census Data, Socio-Economic Caste Census, Union Budget, Economic Survey

Topics that are marked in bold are specific to Phase 1.
General Awareness – Specific Topics for Static GK
Biography/Autobiography, Abbreviations, Festivals, Stadiums, National Parks / Sanctuaries, Books, Sports, Places of Importance like World Heritage Sites/Lakes/Rivers/Mountains/Temples, Currency, Headquarters, Capitals, National and International Days/Themes, Dams, Miscellaneous, Airports

 

RBI Grade B Phase 2 Syllabus

Check the below table for RBI Grade B Syllabus

Section Syllabus
ESI a) Growth and Development: Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues.

b) Indian Economy: Economic History of India – Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991 – Priorities and recommendations of Economic Survey and Union Budget – Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and Reserve Bank in the development process – Public Finance – Political Economy – Industrial Developments in India- Indian Agriculture – Services sector in India.

c) Globalization: Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Cooperation; International Economic Issues.

d) Social Structure in India: Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice: Positive Discrimination in favour of the underprivileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

Descriptive English The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic, Essay writing, Letter writing, Precis’ etc.
Finance and Management a) Financial System
1. Regulators of Banks and Financial Institutions
2. Reserve Bank of India- functions and conduct monetary policy
3. Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Changing landscape of banking sector.
4. Impact of the Global Financial Crisis of 2007-08 and the Indian responseb) Financial Markets
Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, and recent developments.

c) General Topics
1. Risk Management in Banking Sector
2. Basics of Derivatives
3. Global financial markets and International Banking – broad trends and latest developments.
4. Financial Inclusion
5. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
6. Corporate Governance in the Banking Sector, the role of e-governance in addressing issues of corruption and inefficiency in the government sector.
7. The Union Budget – Concepts, approach and broad trends
8. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends; striking a balance between inflation and growth through monetary and fiscal policies.
9. FinTech

d) Management
Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory.

Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big five model of personality; the concept of reinforcement; Perception: concept, perceptual errors.

Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory) & Process theories (Adams equity theory, Vroom’s expectancy theory).

Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources, Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).

Ethics at the Workplace and Corporate Governance: Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc. Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.

Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.

RBI SO Exam Pattern 2024

Below, you can check the detailed exam pattern for Prelims and Mains:

Prelims exam consists of four sections such as English Language, Reasoning, Quantitative Aptitude, and General Awareness. Detailed information about this exam pattern is mentioned below:

 

Phase 1 Exam Pattern

Sections Total Questions Marks Duration
Reasoning 60 60 45 minutes
General Awareness 80 80 25 minutes
English Language 30 30 25 minutes
Quantitative Aptitude 30 30 25 minutes
Total 200 200 2 hours

 

Phase 2 Exam Pattern

Mains exam consists of three papers i.e., Paper I, II, & III. Paper I and III contains both objective and descriptive questions while paper II is descriptive in nature.

 

For General Posts

 

Papers Type of test Total Marks Duration
Paper 1 – Economic and Social Issues 50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
50 marks
50 marks
30 mins
90 mins
Paper 2 – English (Writing Skills) Descriptive Test 100 marks 90 mins
Paper 3 – Finance and Management 50% Objective Test (30 objective questions)
50% Descriptive Test (6 descriptive questions out of which 4 need to be answered)
50 marks
50 marks
120 minutes

 

Eligibility Criteria for RBI SO Exam 2024

The eligibility criteria are always set by the reserve bank authority which is mandatory for candidates to fulfil. The candidates must check the eligibility criteria before applying for the exam.

 

Nationality

  • The candidates should be a citizen of India.
  • The candidates from Nepal and Bhutan are allowed to give the exam.

 

 Age limit

  • The minimum age limit for candidates is 21 years while the maximum age limit is 30 years.
  • For students holding M.Phil and PhD qualifications, the upper age limit is between 32 to 34 years.

 

Age Relaxation

The age relaxation is provided to reserved categories in the table below:

 

Category Age Relaxation
OBC 33
SC/ST 35
Ex-servicemen 35
Ex Employees 35
PwD(General/EWS) 40
PwD (OBC) 43
PwD (ST/SC) 45

 

Educational Qualifications

  • Students must have Master’s degree with at least 55% marks in Econometrics/Finance/Economics/Integrated Economics Course/Mathematical Economics/Quantitative Economics from a recognized Indian or Foreign University.
  • Have PGDM/MBA in Finance or its equivalent with a minimum of 55% marks from a recognized University.
  • They must have a master’s degree in Having a Master’s Degree in economics with a minimum of 55% marks from a recognized University.

How to apply for RBI Grade B?

Follow the provided steps to apply for this exam:

  1. Visit the official website i.e., https://www.rbi.org.in
  2. Click “Recruitment or Career” option
  3. Find the RBI Grade B notification.
  4. Now, click on the application form link.
  5. Fill out the form with all the required details.
  6. Next, upload scanned copies of documents or certificates.
  7. Pay the application fee.
  8. Lastly, submit the application form.

 

RBI SO Application Fee 2024

Category Amount Charges
General/ OBC ₹ 850/- Application fee and intimation charges
SC/ ST/ PWD ₹ 100/- Intimation charges

 

Note: Application fee can only be paid via debit cards, credit cards, internet banking, cash cards, mobile wallets, and IMPS.

 

RBI SO Vacancy 2024

The numbers of vacancies for RBI SO are listed in the table below. This data is mentioned as per the previous year insights

 

Posts Total Vacancies
Officers in Grade ‘B’ (DR) – General 222
Officers in Grade ‘B’ (DR) – DEPR 38
Officers in Grade ‘B’ (DR) – DSIM 31
Total Vacancies 291

 

Selection Process

A personal interview follows the entire section procedure of the RBI SO examination. Students who qualify for the written/online examination will get a call for a personal interview.

Additionally, there will be document verification round after selecting the candidates. In this round, you must show proof of your government-authorized identity to get hired for the post. The candidates are shortlisted for Data analytics, forensics, finance, professional copy editing, HR management, and many other posts.

 

Frequently Asked Questions-

What is RBI SO exam?

RBI SO is a government exam conducted by Reserve Bank of India to recruit candidates for various specialist officer posts.

 

What is RBI assistant salary?

The basic salary of an RBI assistant is around Rs 20,700/month. If you are an experienced person, the salary will definitely grow.

 

How can I become a RBI grade-A officer?

Candidates must have a bachelor’s degree in Economics, Mathematics, Quantitative Economics, etc with a minimum of 50% marks. After that, you can prepare and apply for the RBI exam.

 

What is the eligibility for RBI Grade B officer?

The eligibility criteria to apply for the RBI Grade B exam is students must have a bachelor’s degree with at least 60% marks from a recognized board/university.

 

Final Remark!

From here, I expect you to get everything about RBI SO Exam 2024 Application Form, Exam Date, and Eligibility. Get more educational stuff regularly, and stay tuned to SpinOnEducation.com.

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