The Reserve Bank of India acts as the centralized body for monitoring the financial sector of the country and also the banking sector. The RBI conduct recruitment exam for the officers post, called RBI Grade A/B officers exam and is one of the common banking exams in the Indian scenario.

Structure

The RBI Exam consists of two parts, the descriptive and the objective paper. The exam is of three hours and the objective exam consist of topics from

• Test of Reasoning
• Test of Quantitative Aptitude
• Test of Comp Lit/English
• Test of General Awareness.

The descriptive exam is conducted for the eligible candidates of the objective exam. The descriptive include three papers and are

• English
• Economic and Social Issues and
• Finance and Management

Syllabus of Objective type exam

• Test of Reasoning
• Analogies
• Analysis And Judgment
• Analytical Functions
• Arithmetical Computation
• Arithmetical Number Series
• Arithmetical Reasoning
• Decision-Making
• Differences
• Discrimination
• Observation
• Problem-Solving
• Relationship Concepts
• Similarities
• Space Visualization
• Symbols And Their Relationships
• Verbal And Figure Classification
• Visual Memory
• English Language
• Antonyms
• Comprehension Of A Passage
• Grammar
• Sentence Completion
• Synonyms
• Vocabulary
• Numerical Ability
• Arithmetical Computation of Whole Numbers
• Concepts and Relationship Between Numbers
• Decimals and Fractions and Relationship
• General Knowledge and General Awareness

Includes the questions from the current happenings and issues

Syllabus for the subjective exam

Paper I – English

• Business/Office Correspondence
• Comprehension
• Essay
• Précis writing

Paper II - Economic and Social Issues

• Economic Reforms in India
• Globalization
• Growth and Development
• Health and Education
• Indian Political System
• International Economic Institutions
• Poverty Alleviation and Employment Generation in India
• Role of Economic Planning
• Social Justice
• Social Sectors in India
• Social Structure in India
• Urbanization and Migration

Paper III - Finance and Management

• Capital Market
• Capital Market Intermediaries and their Regulation
• Corporate Governance
• Disinvestment in Public Sector Units
• Exchange Risk Management
• Human Resource Development
• Leadership
• Management: its nature and scope
• Regulation of Banks and Financial Institutions
• Role of Information Technology
• Role of SEBI
• Stock Exchanges and their Regulation
• The Foreign Exchange Market
• The Management Processes
• The Role of a Manager in an Organization
• The Union Budget

Eligibility Criteria

The basic eligibility is gradation from the recognized university with 60% marks in the qualifying examination. The postgraduate with 55% marks or the candidates from IIM is also eligible to appear for the examination. A PhD holder with 50% marks or a CA/CS/Accountant is also eligible to apply for the exam. The Indian citizen between the age limit 21-30 is eligible for taking the exam. The reservation for the eligible category and foreign residents are there as per the rules.

How to Apply?

One can apply for the exam either by online and the offline mode. The students can follow the link for online application http://onlinedr.rbi.org.in. The application form can be purchased from the designated post offices or can use the same one given in eh advertisement. The filled application from should reach to the designated office before the deadline.

How to fill the Form?

One who is going for the online mode can fill the application form using the given URL and take the print out of the form along with the application fee and the needed documents send to the examination body. The offline applicants have to carefully fill the form using pencil or pen, whatever required, and fill the correct information. Any error will cause to the rejection of your application. Only send the original application form, don’t send any copy or the duplicate one to the examination center. The deadlines are very important in these examinations, the application reached after the time wont be consider for the screening process.

Important Dates

Normally there won’t be any prescribed dates for the RBI officer’s exam. The exam is conducted by the reserve bank as per the vacancies are arise. Usual dates can be

• Exam Notification: Mid of October, 2011/2012
• Closing date of online application form: First week of November, 2011/2012
• Closing Dates of Postal application forms: Second Week of November, 2011/2012
• Date of Exam: First Week of February, 2012/2013

List of RBI GR A/B Exam centers

• Agartala
• Ahmedabad
• Aizawl
• Bangalore
• Bhopal
• Bhubaneswar
• Chandigarh
• Chennai
• Guwahati
• Hyderabad
• Imphal
• Itanagar
• Jaipur
• Jammu
• Kanpur
• Kochi
• Kohima
• Kolkata
• Lucknow
• Mumbai
• Nagpur
• New Delhi
• Panaji
• Patna
• Port Blair
• Pune
• Shillong
• Thiruvananthapuram

Contact Address for RBI Exam

• The General Manager, Reserve Bank of India Services Board, Post Bag No. 1450, Mumbai Central Post Office, Mumbai-400008
• Website: http://www.rbi.org.in/

Reference Books for RBI Exam

• Bank PO Exam by V.V.K.Subburaj
• Concise Handbook of Indian Economy: Special Interaction with World by Jawahars
• Indian Economy by Ruddra Dutt and Sundaram
• Indian Economy by Tr Jain abd  Mukesh Trehan
• Indian Economy: Performance And Policies by Uma Kapila
• Money Banking & Finance: Magical Book Series by N.K. Sinha
• Principles & Practice Of Management by C. B. Gupta
• Ramesh RBI Grade B Officers Exam Guide by RPH Editorial Board by Prasanna Chandra
• RBI Grade B Officers Exam Guide
• Social Issues of India by Smarak Swai
• Upkar SBI PO exam
• Coaching Centers for
• APEX Academy
• Career Plus
• Gandhi IAS Study Circle
• Mr.Madhava Janarthanan K.P.
• Pace Setter
• Tara Institutes

Study Plan

The RBI exam is one of the common and most competitive bank exams in the country. Lakhs of aspirants are trying to get one of the most promising jobs in the country. So the aspirants who are wishing to take the exam must start their practice very early, at least one year before. You must have good practice for the objective exam and must have in-depth knowledge for the subjective part.

There are many practice books and guides are available in the market written by the experienced authors in the filed or fro the prominent publishing houses. You must take a daily practice with these materials. Online study materials are also available for the RBI aspirants. Time management is one of the necessary qualities for the exam aspirants; the best way to manage and practice your time is to take other competitive and bank exams, which will definitely help you to cutting the edge.

How and Where To Get the Results?

The result of both examinations is available in the official bank website, http://www.rbi.org.in/. The qualified candidates in the objective exam also are informed through their personal email ID.

Sectional Cutoff

The cutoff can vary from each year according to the competitive nature of the exam. The candidates need to attend every section and there will be some minimum mark is required to consider for the rank list. Last year the sectional cut off is given as the following. One should get minimum marks in each section in the as below:

• English 17-22
• Numerical 13-18
• Reasoning 32-37

Score Validity

The score is valid until the vacancies are filled mostly before the next exam is conducted.