ABOUT RBI GRADE B EXAM

Life with RBI is not just another career. It’s a commitment. Commitment to serve the Nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves. Under Grade-B, RBI offers the following posts:

  1. Officers in Grade B (DR) – General
  2. Officers in Grade B (DR) – (Department of Economic and Policy Research)
  3. Officers in Grade B (DR) – (Department of Statistics and Information Management, DSIM)

WHAT WE OFFER?

We at World of Economics offer Coaching for RBI Grade B Exam Pattern (DR)- General and RBI- Grade-B (DR)- DEPR.

HIGHLIGHTS OF THE COURSE

  • Detailed study material
  • Free Test series.
  • Free access to Daily, Weekly and Monthly Current Affairs.
  • Both online/offline classes available.
  • Recorded lectures will be provided in case you miss the lecture.
  • Classroom discussion of MCQs with sample worksheets.
  • Registered Students will get free complementary book Indian Economy authored by Dr. Madhur M. Mahajan published by Pearson.
  • Students can interact with the faculty via Live Classes, Whatsapp Chats, Instant Messaging and calling, Doubt Sessions.

ELIGIBILITY CRITERIA

EDUCATIONAL QUALIFICATION FOR POSTS OF GRADE-B (DR) (GENERAL)

A Minimum of 60% marks (50% in case of SC/ST/PWD) or equivalent in Bachelor’s Degree as well as in 12th and 10th standard examinations or Post-Graduation/ Equivalent technical qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.

EDUCATIONAL QUALIFICATION FOR POSTS OF GRADE-B (DR) (ECONOMICS AND POLICY RESEARCH DEPARTMENT,DEPR) –

    1. A Master’s Degree in Economics/Econometrics/Mathematical Economics/Quantitative Economics/Integrated Economic Course/Finance, with a min. of 55% marks or an equivalent grade in aggregate of all semesters/years .
    2. PGDM/MBA Finance with a min. of 55% marks or an equivalent grade in aggregate of all semesters/years
    3. Master’s degree in Economics in any of the sub-categories – Agricultural/business/developmental/applied,etc.,with a min. of 55% marks or an equivalent grade in aggregate of all semesters/years .

EDUCATIONAL QUALIFICATION FOR POSTS OF GRADE-B (DR) (STATISTICS AND INFORMATION MANAGEMENT DEPARTMENT,DSIM)-

  1. A Master’s Degree in statistics/Mathematical Statistics/Mathematical Economics/Econometrics/Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informaics from IIT-Bombay with a min. of 55% marks or an equivalent grade in aggregate of all semesters/years .
  2. Master’s degree in Mathematics with a min. of 55% marks or an equivalent grade in aggregate of all semesters/years and one-year Postgraduate diploma in statistics or related subjects from an institute of repute.
  3. Master’s degree in Statistics of ISI with a min. of 55% marks in aggregate of all semesters/years
  4. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata,IIT Kharagpur and IIM Calcutta with a min. of 55% marks or equivalent grade in aggregate of all semesters/years.

AGE CRITERIA-

  1. The present age criteria of “Between 21 to 30 years” will be retained.
  2. For M. Phil and Ph. D candidates the upper age limit will be 32 and 34 years, respectively.
  3. As per extant practice age relaxation will be available to experienced candidates viz. candidates having experience as an officer in Commercial Bank/ Financial Institution in Public Sector as also candidates with prior experience in Reserve Bank of India, to the extent of number of years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

EXAMINATION PATTERN

RBI GRADE B EXAM PATTERN (DR)- GENERAL

Phase of the Exam Sections No of Questions Marks Duration
Phase I General Awareness 80 80 120 Minutes
Quantitative Aptitude 30 30
English Language 30 30
Reasoning 60 60
Phase II Paper I: Economic and Social Issues

50% Objective & 50% Descriptive

 

30 Objective Questions & 6 Descriptive Questions of which 4 have to be answered 100 120 Minutes
Paper II: English (Writing Skills) 3 100 90 Minutes
Paper III: Finance and Management

50% Objective & 50% Descriptive

30 Objective Questions & 6 Descriptive Questions of which 4 have to be answered 100 120 Minutes
Interview 75

 

SYLLABUS: RBI GRADE B EXAM PATTERN (DR)- DEPR

  • Standard of papers on Economics would be that of Master’s Degree examination in Economics of any Central University in India.
  • Syllabus for English: The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic

NUMBER OF ATTEMPTS

The maximum permissible number of attempts (which were applicable for candidates belonging to Unreserved/General Category) has been increased from 4 to 6.

RECOMMENDED STUDY MATERIAL

  • MA Economics Level Books of Economics
  • Indian Economy Book by Dr. Madhur M. Mahajan published by Pearson
  • RBI publications viz., Annual Report, Report on Trend and Progress of Banking in India, Monetary Policy Report and the Financial Stability Report and the Economic Survey published by the Government of India over the previous two years.
  • World of Economics Study Material

MICRO ECONOMICS

  • Modern Microeconomics: Koutsoyiannis
  • Microeconomics: Robert S. Pindyck, Daniel L. Rubinfeld
  • World of Economics Microeconomics RBI Grade B Booklet

MACRO ECONOMICS

  • Macroeconomics: Rudiger Dornbusch, Stanley Fischer
  • Principles of Macroeconomics: David Shapiro
  • World of Economics Macroeconomics RBI Grade B Booklet

INTERNATIONAL ECONOMICS

  • International Economics: Dominick Salvatore
  • World of Economics International Economics RBI Grade B Booklet

DEVELOPMENT ECONOMICS

  • Economic Development: Michael Todaro, Stephen Smith
  • Growth and Development: M.L. Jhingan
  • World of Economics Development Economics RBI Grade B Booklet

INDIAN ECONOMY

  • Indian Economy: Dr. Madhur M. Mahajan by Pearson
  • Latest Economic Survey Government of India
  • Latest Budget Documents
  • RBI Monthly Bulletins

PUBLIC FINANCE

  • Public Finance in Theory and Practice: Richard Musgrave
  • Public Finance: H.L. Bhatia
  • World of Economics RBI Grade B Booklet

STATISTICS

  • Statistics: S.P. Gupta
  • World of Economics Statistics MA Entrance Booklet

MATHEMATICAL ECONOMICS

  • World of Economics Mathematical Economics RBI Grade B Booklet

ECONOMETRICS

  • Basic Econometrics: Damodar N. Gujarati.
  • World of Economics Econometrics RBI Grade B Booklet

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