Reserve Bank of India is the central banking institute of India, which is responsible for monetary stability, and management of currency. It was established on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. After Indian Independence, RBI was nationalised on 1 January 1949.

RBI is the most prestigious bank of India, and RBI grade B is the most coveted job profile of the Indian Banking System. The government recruits officers in the Reserve Bank of India, through the RBI Grade B examination.



The exam is conducted in three stages:

1. Phase I – Preliminary Examination

The exam is of the duration of 2 hours.

2. Phase II – Mains Examination

This exam is conducted in MCQ pattern, carrying a total of 300 marks, except for Paper I which is English (writing skills). This phase is classified into three Papers:

PAPER I – English (writing skills)

  • It is of descriptive type, of 100 marks and to be completed within 1.5 hours.
  • The paper on English is framed in a manner to assess the writing skills including expression and understanding of the topic.

PAPER II – Economics and Social Issues

PAPER III – Finance and Management/ Economics/ Statistics (optional subjects)

3. Phase III – Interview

Interview is of 50 marks.

Candidates are shortlisted on the basis of total marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam, and Interview.

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      Dr. RS Aggarwal
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