RBI Grade B Eligibility 2024, Attempts, Educational Qualification, Age
RBI Grade B Eligibility 2024: The minimum age limit to apply for the RBI Grade B exam is 21 years whereas the maximum age limit is 30 years as on the reference date which is 1st July 2024. Candidates who aspire to apply for the RBI Grade B 2024 examination should ensure that they meet the eligibility criteria mentioned in the notification. In this blog, we will discuss the RBI Grade B Eligibility in detail, so go through the complete blog.
RBI Grade B Eligibility 2024
The candidates will have to satisfy the RBI Grade B Eligibility based on various parameters as mentioned in RBI Grade B Notification 2024. Some of the parameters are mentioned below:
- Educational Qualification
- Age Limit
- Nationality
- No. of Attempts
All the aspirants must make a note that if they fail to meet any of the RBI Grade B Eligibility then they can be rejected at any stage of the selection process. This means that even after clearing the exam, if found that the aspirant doesn't meet eligibility, then he/she will not be entitled to get the RBI Grade B Posting.
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RBI Grade B Eligibility- Educational Qualification
Educational Qualification is one of the most important parameters of RBI Grade B Eligibility. The minimum educational qualifications required for the RBI Grade B 2024 examination are as follows:
| Post | RBI Grade B Educational Qualification |
| 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 in any discipline / equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in the aggregate of all semesters/years. |
| Officers in Grade 'B' (DR) - DEPR | a. 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, and Industrial Economics) OR b. A 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). For a) and b) above, a minimum of 55 percent marks or an equivalent grade is required in aggregate of all semesters/years from a recognized Indian or foreign University / Institute. |
| Officers in Grade 'B' (DR) - DSIM | Essential: a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics 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. Master's degree course in Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics, with a minimum of 55% marks or equivalent grade in aggregate of all semesters/ years from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved programme; OR d. Four-year Bachelor's degree with a minimum of 60% marks or equivalent grade in aggregate of all semesters/ years in Data Science/ AI/ ML/ Big Data Analytics from a recognized University/ Institute, an institute of national importance, UGC/ AICTE approved program; OR e. Two years Post Graduate Diploma in Business Analytics (PGDBA) with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years from a recognized University/ Institute, an institute of national importance, UGC/AICTE-approved program. |
RBI Grade B Educational Qualification for General
The RBI Grade B Educational Qualification for General is a Bachelor's degree/ Master's Degree. The graduation/ bachelor's/post-graduation/ master's can be in any discipline. Check out the table given below to know the minimum percentage required in graduation/post-graduation for RBI Grade B.
| Categories | Graduation | Post Graduation |
| General/OBC/EWS | 60% | 55% |
| SC/ST/PwBD | 50% | Pass Marks |
RBI Grade B Educational Qualification for DEPR
The RBI Grade B Educational Qualification for DEPR is a Master's degree in Economics/ Finance or any equivalent stream. The minimum requirement of marks for candidates with a master's degree is 55%.
RBI Grade B Educational Qualification for DSIM
The RBI Grade B Educational Qualification for DSIM is a Master's degree in Mathematics/ Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics/ Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics. Apart from these, the candidate can also have 2 2-year Post Graduate Diploma in Business Analytics (PGDBA) or 4 years bachelor's degree in a relevant discipline.
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RBI Grade B Eligibility - CGPA to Percentage Conversion
Some institutes/ universities grant CGPAs, so for those who define the criteria for conversion of CGPA to percentage, the same will be accepted. Those who have not defined the criteria can follow the below-mentioned criteria:
| CGPA/ OGPA/ CPI on 10 point scale | Aggregate Percentage |
| 6.75 | 60% |
| 6.25 | 55% |
| 5.75 | 50% |
RBI Grade B Age Limit
The RBI Grade B Age Limit must be between 21 and 30 years. There is a reference date for the calculation of the age limit which has been notified. The reference date is 1st July 2024. Certain age relaxations are provided to candidates belonging to specific categories.
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Also note that the candidate must have been born not earlier than 2nd July, 1994 and not later than 1st July, 2003
RBI Grade B Age Relaxation
We have shared the complete RBI Grade B Age Relaxation in the table below:
| Categories | RBI Grade B Age Relaxation |
| Scheduled Caste / Scheduled Tribe (SC/ST) | 5 years |
| Other Backward Classes (OBC) | 3 years |
| Persons with Disabilities (PWD) | 10 years for UR/Gen 13 years for OBC 15 years for SC/ST |
| Ex-Servicemen (including military services) | 5 years |
| Ex-Bank Employees | 5 years |
| Experienced Candidates | Scheduled Commercial Banks, Public Sector Insurance Companies, All India Financial Institutions, RBI: Should not exceed 33 years of experience. |
| ECOs/SSCOs | 5 years |
| Candidates with M.Phil. and Ph.D | 32 & 34 years respectively |
RBI Grade B Age Limit for SC
The RBI Grade B Age Limit for SC is 35 years as 5 years age relaxation is given to SC (Schedule Caste) candidates.
RBI Grade B Age Limit for ST
The RBI Grade B Age Limit for ST is 35 years as 5 5-year age relaxation is given to candidates belonging to the ST (Schedule Tribe) category.
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RBI Grade B Age Limit for PWD
The RBI Grade B Age Limit for PWD is 40 years for General category candidates, 43 years for OBC, and 45 years for SC/ST.
RBI Grade B Age Limit for Ex-Servicemen
The RBI Grade B Age Limit for Ex-Servicemen is 35 years. This includes military service.
RBI Grade B Age Limit for Bank Employees
RBI Grade B Age Limit for Bank Employees is 35 years. Please note that this is for the ex-bank employees.
RBI Grade B Age Limit for M. Phil Students
RBI Grade B Age Limit for M. Phil Students is 32 years.
RBI Grade B Age Limit for PhD Students
RBI Grade B Age Limit for PhD Students is 34 years.
RBI Grade B Experience Required
It is expected that there will be no requirement of experience for the RBI Grade B 2024 examination. So, even if you are a fresher and satisfy all other RBI Grade B Eligibility, you can apply.
RBI Grade B Eligibility 2024 - Nationality
To fulfill the nationality needs, candidates must be either of the following:
- A citizen of India
- A subject of Nepal or Bhutan
- A Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India.
- A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, and the 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.
How Many Attempts for RBI Grade B
The maximum RBI Grade B attempts is six for candidates belonging to the General category. However, for candidates belonging to SC/ST/OBC/PWD categories, there is no limit on the RBI Grade B attempts.
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FAQs
A. The RBI Grade B exam is conducted in three stages: Phase I (Prelims), Phase 2 (Mains), and the Interview round.
A. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).
A. Yes, the RBI Grade B exam will be conducted in 2024.
A. If you are a general category candidate, you have 6 attempts, whereas there is no bar on the number of attempts for SC/ST/OBC/PWD candidates. By 6 attempts, it means you should have taken the RBI Grade B Phase 1 exam 6 times. If you have already taken the RBI Grade B Phase 1 exam 6 times, then you are not eligible to apply.
A. Yes, there is negative marking in Phase 1 of the RBI Grade B exam. There is a negative marking of 0.25 marks for every incorrect answer in RBI Grade B Phase 1.
Expected Application fee for the RBI Grade B is as follows:
For GEN/OBC/EWSs - Rs 850 + 18% GST
For SC/ST/PwBD - Rs 100 + 18% GST
For RBI Staff - Nil.
There will be no application fee for the RBI staff.
A. Oliveboard's RBI Grade B online course is at present the best course for your preparation.
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A. No, your 10th and 12th class/standard marks/percentage do not matter. You will need a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor's degree OR a minimum of 55% percentage in your Post Graduation if you are a postgraduate (pass marks for SC/ST/PwBD applicants).
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