Reserve Bank of India – Recruitment of Officers in Grade B- DR-2021

Recruitment of Officers in Grade B- DR (General), DEPR/DSIM-2021

Reserve Bank of India-Scheme of selection and syllabus for officers in GR B (DR)-GENERAL- 2021

Candidates to Ensure their Eligibility for the Posts:
Before applying, candidates should ensure that they fulfil the eligibility criteria for the advertised posts. Reserve Bank of India Services Board, hereinafter referred to as ‘Board’, would admit to the Examinations all the candidates applying for the post with the requisite fee/intimation charges (wherever applicable) based on the information furnished in the ONLINE application and shall determine their eligibility only at the final stage i.e. interview stage. If at that stage, it is found that any information furnished in the ONLINE application is false/ incorrect or if according to the Board, the candidate does not satisfy the eligibility criteria for the post, his/ her candidature will be cancelled and he/she will not be allowed to appear for interview, claim any reimbursement towards travelling and can be removed from service without notice, if he/she has already joined the Bank.

Mode of Application:
Candidates are required to apply ONLINE only through the Bank’s website www.rbi.org.in. No other mode for submission of application is available.
Brief Instructions for filling up the “Online Application Form” are given in Appendix-I:
(i) Online applications for Gr B – (DR) – GENERAL/DEPR/DSIM – 2021

Important Dates:

Events Important Dates**
Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges January 28, 2021 to February 15. 2021
1. Officers in Gr B (DR)- Phase-I – Online Examination March 6, 2021$
General Phase-ll – Paper I, II & III Online Examination April 1,2021
2. Officers in Gr B (DR) – Phase I – Paper -1 – Online Examination March 6, 2021
DEPR* Phase II – Paper – II & III Online/Written Examination March 31, 2021£

(To be confirmed in Admit cards)

3. Officers in Gr B (DR)- DSIM@ Phase I – Paper -1 – Online Examination March 6, 2021
Phase II – Paper – II & III Online/Written Examination March 31, 2021£

(To be confirmed in Admit cards)

The Reserve Bank of India Services Board (Board) invites applications from eligible candidates for the post mentioned below in Reserve Bank of India (RBI/Bank):

Posts Number of Vacancies
Unreserved i.e.,
General
(GEN/UR)
Scheduled
Castes (SC)
Scheduled Tribes
(ST)
Other Backward
Classes (OBC) S
EWSs@ TOTAL
1. Officers in Grade B’(DR)- General 108 49 27 59 27 270
2. Officers in Grade B’(DR)- DEPR 13 5 3 6 2 29
3. Officers in Grade B’(DR)- DSIM 9 5 5# 3 1 23

Pay Scale: Selected Candidates will draw a starting basic pay of ₹35,150/-p.m. in the pay scale of Rs. 35150-1750(9)-50900-EB-1750 (2) – 54400-2000(4)-62400 (16 years) applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly gross emoluments are ₹83254/- (approx) The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.

Perquisites: Bank’s accommodation, subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Fare Concession (once in two years for self, spouse and eligible dependents). Loans and Advances at concessional rates of interest for Housing, Vehicle, Education, Consumer Articles, Personal Computer, etc. Selected candidates will be governed by ‘the defined contribution New Pension Scheme (NPS)’, in addition to the benefit of Gratuity.

Eligibility Conditions
I. Nationality: a candidate must be either:
(a) a citizen of India, or
(b) a subject of Nepal, or
(c) a subject of Bhutan, or
(d) a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India, or
(e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.
Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination, but the offer of appointment may be given only after the necessary eligibility certificate is issued to him/her by the Government of India.

Minimum Educational Qualifications
1. Officers in Grade ‘B’ (DR) – (General)
Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
2. Officers in Grade ‘B’ (DR) – DEPR
a. A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
b. PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute; OR
c. Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognised Indian or Foreign University /Institute.
3. Officers in Grade ‘B’ (DR) – DSIM
a. 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
b. Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR
c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR
d. 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.

Last date of receipt of applications : : The Online Applications can be filled up to February 15, 2021 till 12:00 midnight.

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