RBI Grade B DEPR Detailed Notification has been released on 25th July 2024. The application window is open on 25th July 2024 and close on 16th August 2024. The phase 1 exam will be conducted on 14th September 2024 and the phase 2 exam will be conducted on 26th October 2024. Check out the detailed information on RBI DEPR Notification 2024 here.
RBI Grade B DEPR Notification
RBI Grade B DEPR Notification 2024 is released on 25th July 2024 on the official website. The vacancies for DEPR are released along with the Generalist & DSIM posts. The short notice was out for RBI DEPR on 19th July 2024. The aspirants must utilize this time to give their months of preparation a final touch. Go through the complete blog to know more details on RBI Grade B DEPR 2024.
RBI Grade B DEPR Notification 2024
The DEPR RBI Full Form is Department of Economic and Policy Research in Reserve Bank of India. Every year, RBI Grade B DEPR vacancies are released along with the Generalist and DSIM posts. The candidates must start applying for RBI Grade B DEPR Notification as the application is open. As the RBI Grade B Notification 2024 for DEPR is out, the candidates must check out the notification for reference.
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RBI Grade B DEPR Notification 2024 - Overview
We have tried to help you get a brief overview of what all the RBI Grade B DEPR 2024 notification will pertain to. Please have a look at the table given below:
| Particulars | Details |
| Name of the Exam | RBI Grade B DEPR |
| Exam Conducting Body | Reserve Bank of India |
| Exam Category | Regulatory Body Exam |
| Exam Level | National |
| Exam Mode | Online |
| RBI Grade B DEPR Vacancies | 21 |
| Language of Exam | English and Hindi |
| Periodicity | Once a Year |
| Selection Process | Phase 1, Phase 2 and Interview |
| Maximum Number of Attempts | 6 for a General Category Candidate
(If you have attempted the Phase 1 exam 6 times, then you are not eligible) |
| Application Fee (Expected) | Rs. 850 for General Category Candidate
Rs. 100 for ST/SC/PWD |
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RBI Grade B DEPR Notification PDF 2024
The RBI Grade B DEPR Notification PDF is released and the short notice had been released on 19th July 2024. The detailed notification for RBI Grade B DEPR is out on 25th July 2024. The detailed notification have all the important details such as eligibility, RBI DEPR syllabus, exam pattern and more.
Download RBI Grade B DEPR Notification PDF
RBI Grade B DEPR Vacancy 2024
The RBI Grade B DEPR Vacancy is out. The category wise distribution of the vacancies have also been announced.
| Category | RBI Grade B DEPR Vacancy 2024 |
| Unreserved | 8 |
| OBC | 5 |
| SC | 1 |
| ST | 6(3) |
| EWS | 1 |
| Total | 21 |
| PWBD (C category) | 2(2) |
| PWBD (D category) | 3(2) |
RBI Grade B DEPR 2024 - Important Dates
The RBI Grade B DEPR Exam Dates for Phase 1 and Phase 2 are announced in the official notification along with the registration start and end date. Please take a look at all the RBI Grade B DEPR Important Dates:
| RBI Grade B 2024 Important Dates | Dates |
| Release of RBI Grade B Notification 2024 | 19th July 2024 (Short Notice)
25th July 2024 (Detailed) |
| RBI Grade B Apply Online Starts | 25th July 2024 |
| RBI Grade B Apply Last Date | 16th August 2024 |
| RBI Grade B Application Fee Last Date | 16th August 2024 |
| Phase I Exam Date | 14th September 2024 |
| Phase II Exam Date | 26th October 2024 |
RBI DEPR Eligibility
Before applying, you should ensure that you fulfill the RBI DEPR Eligibility. This is important because the candidate who does not fulfill the eligibility may be disqualified at any stage of the RBI Grade B DEPR Selection Process, if found ineligible.
RBI Grade B DEPR Age Limit
The candidate must be between 21 and 30 years of age. There is a reference date for the calculation of RBI Grade B DEPR Age limit which is 1st July 2024.
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RBI Grade B DEPR Age Limit - Relaxation
Certain relaxations have been provided to certain categories. Check out the detailed age relaxation criteria for RBI Grade B DEPR below:
| Category | Age Relaxation |
| OBC | 3 years |
1. SC/ST
2. Ex-servicemen & Ex-bank employees
3. Emergency Commissioned Officers/Short Service Commissioned
Officers
4. Children/family members of victims died in the 1984 riots | 5 years |
PWBD
1. General
2. OBC
3. SC/ST | 10 years
13 years
15 years |
Candidates with :
1. M.PhiI Degree
2. Master's Degree with Research/Teaching experience
3. Doctorate Degree | 2 years
3 years
4 years |
RBI Grade B DEPR Educational Qualification
Below is the detailed RBI Grade B DEPR Educational Qualification required:
- A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR
- Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance).
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RBI Grade B DEPR Apply Online 2024
Candidates must apply only online through the Bank's website i.e. www.rbi.org.in within the application window. No other means/mode of applications will be accepted. Click on the link below to apply for RBI Grade B DEPR 2024.
RBI Grade B DEPR Apply Online Link 2024
RBI Grade B DEPR Apply Online Steps
Step 1: Visit the URL "Recruitment for the post of "Officers in Gr.'B' (DR) General/DEPR/DSIM" on the Bank's website i.e., www.rbi.org.in > Opportunities @RBI > Current Vacancies > Vacancies and click on the hyperlink "Online Application Form" in the advertisement page for filling the ‘Online Application'.
Step 2: To register for the application, choose the tab "Click here for New Registration" and enter your Name, Contact details, and Email-id. A Provisional Registration Number and Password will be generated and displayed on the screen. Note down the details. An email and SMS will be sent to your registered email and phone number.
Step 3: After registration, login and enter your basic details and upload the photograph, signature, left thumb impression, and a hand-written declaration in the online application form as per the specifications given.
Step 4: Preview your application and verify the entire application form before final submit.
Step 5: Click on the 'Submit' button.
RBI Grade B DEPR Application Fee
The category-wise RBI Grade B DEPR Application Fee is mentioned below :
| Sr.No. | Category | Charges | Amount |
| 1. | SC/ST/PwBD | Intimation Charges only | ₹ 100/- + 18% GST |
| 2. | GEN/OBC/EWSs | Application fee including intimation charges | ₹ 850/- + 18% GST |
| 3. | STAFF | Nil | Nil |
RBI Grade B DEPR Exam Pattern 2024
Knowing the exam pattern will help you understand what to study and the type of questions asked. The RBI Grade B DEPR Exam Pattern 2024 is given below :
| | Name of Paper | Duration | Maximum Marks |
| Phase 1 | Paper-I Objective Type (on Economics)
Paper - II Descriptive (English) (Type on Keyboard) | 120 minutes each | 100 marks each |
| Phase 2 | Paper-I Descriptive Type (on Economics)
(Question paper displayed on a computer, answers to be written on paper)
Paper-II Descriptive Type (on Economics)
(Question paper displayed on a computer, answers to be written on paper) | 120 minutes each | 100 marks each |
| Total | - | - | 400 |
RBI Grade B DEPR Syllabus 2024
The RBI Grade B DEPR Syllabus is divided into different phases and different papers so we have bifurcated all of them in the table below:
| Phases | RBI Grade B DEPR Syllabus |
| Phase 1 Paper 1 Objective Type on Economics | (1) Microeconomics (Theories of consumer's demand; Production; Market Structures and Pricing; Distribution; and Welfare Economics)
(2) Macro Economics (Theories of Employment, Output and Inflation; Monetary Economics; ISLM Model; Schools of Economic Thought)
(3) International Economics (Theories of International Trade; Balance of Payments; Exchange Rate Models)
(4) Theories of Economic Growth and Development (Classical neo-classical approaches to economic growth and major theories of economic development)
(5) Public Finance (Theories of taxation and public expenditure and Public Debt Management)
(6) Environmental Economics (Green GDP, Environmental Valuation, Environmental policy instruments)
(7) Quantitative Methods in Economics (Mathematical and Statistical Methods for Economics, Ordinary Least Square Regression)
(8) Current developments in Indian Economy (Growth, inflation, poverty, unemployment, financial sector developments, external sector developments, fiscal developments, agriculture, industry, infrastructure, and services) |
| Phase I Paper II Descriptive Type (on English) | Will assess the writing skills including expression and understanding of the topic |
| Phase II Paper I Descriptive Type (on Economics) | Microeconomic Module
Consumer Theory: Cardinal and Marginal Utility Analysis, Consumer Surplus, Indifference Curve Analysis, Price, Income and Substitution Effects, Game Theory
Production Theory: Forms of Production function; Laws of Returns to Scale; Partial Equilibrium Vs General Equilibrium Analysis
Market Theory: Pricing under different market structures
Distribution Theories: Ricardo, Marx, Kalecki and Kaldor
Welfare Economics: Pareto Optimality, Schools of Welfare Thought including Arrow, Coase and Sen
Macroeconomic Module
National Income Accounting: Various methods for measurement of National Income
Theory of employment and Output: Classical and Neo-classical approaches, Keynesian theory of Employment and output, Post-Keynesian developments, Business Cycles
Inflation: Types of Inflation, Philip's curve, Taylor's Rule, Lucas Critique
Money and Banking: Quantity theory of Money, Neutrality of money, IS - LM Model and AD-AS Models, Money Multiplier, Monetary Policy – Scope, Objectives and instruments, Inflation targeting
Theories of Economic Growth and Development: Theories of growth, Classical and neoclassical approaches, Theories of Economic Development
International trade and Balance of payments: Theories of international trade, Determination of exchange rates, Impossible Trinity
Public Finance: Theories of taxation, Theories of public expenditure, Theories of public debt management |
| Phase II Paper II Descriptive Type (on Economics) | Module on Quantitative Methods in Economics
• Mathematical Methods in Economics: Differentiation and Integration, Optimisation, Sets, Matrices, Linear algebra and Linear programming
• Statistical Methods in Economics: Measures of central tendency and dispersions, Probability, Time series, Index numbers.
• Econometrics and advanced Applications: Regression analysis, Panel data econometrics, Time Series econometrics, Basics of Bayesian Econometrics, Basic application of Artificial Intelligence/ Machine Learning
Module on Indian Economy – Policy and Trends
• Fiscal policy in India: Evolution, scope and limitations, current trends
• Monetary Policy in India: Evolution, Functions of the Reserve Bank of India, Monetary Fiscal coordination, Inflation targeting, Operating framework of Monetary Policy, Current trends
• Banking and financial sector development in India: Banks and other constituents of Indian financial markets and related developments, Current trends
• Inflation in India: Trends and drivers
• External sector developments in India: Exchange rate management, external debt, Balance of payments, Current trends
• Sectoral and other developments in India: Agriculture, industry, services and social sector-related developments |
RBI Grade B DEPR Cut Off 2024
RBI Grade B DEPR Cut-off 2024 will be announced along with the results after the conduction of the exam. Knowledge about Cut off will help you understand the level of questions asked in the exam and plan your preparation accordingly. Check the Previous Years' Cut off below.
RBI Grade B DEPR Cut Off (2023)
For the last cycle, below is the RBI Grade B DEPR Cut Off in detail.
| Recruitment Stage | UR | OBC | SC | ST | EWS | PwBD |
| Aggregate Cut off marks in Phase 1 (Paper 1 & 2) Out of total 200 marks | 112.00 | 102.00 | 98.00 | 98.00 | 112.00 | 98.00 |
| Aggregate cut-off marks in Phase 1 & Phase 2 taken together in the written examination for shortlisting the candidates for interview (Out of a total of 400 marks). | 254.17 | 234.50 | 226.17 | 226.17 | 254.17 | 226.17
(No candidate shortlisted for interview phase) |
| Aggregate cut-off marks in Phase 1, Phase 2 & Interview taken together (Out of a total of 475 marks) | 322.00 | 293.17 | 275.17 | 258.17 | 301.67 | No candidate shortlisted for interview phase |
Exam Date
Phase 1: 14th September 2024, Phase 2: 26th October 2024
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