The RBI Grade-B 2023 Exam, conducted by the Reserve Bank of India, is a highly competitive recruitment process aimed at selecting officers for the Grade B post. These officers play a pivotal role in various aspects of central banking, encompassing responsibilities like monetary policy implementation, financial regulation, and supervision.
RBI Grade-B 2023 Exam Notification
The RBI organizes the RBI Grade-B 2023 Exam annually, known for its intense competition and lucrative remuneration. This exam garners interest from aspirants nationwide. Scheduled for 30th July, 2nd September, and 19th August 2023, it is imperative to commence preparations early. Keep in mind that the selection process comprises Preliminary and Main exams, culminating in an interview.
For those aspiring to excel in the RBI Grade-B 2023 Exam, Sreedhar\’s CCE provides invaluable support. As a trusted resource for exam preparation, we furnish comprehensive study materials, conduct mock tests, and offer expert guidance, ensuring candidates are well-equipped to crack the exam.
RBI Grade-B 2023 Exam Summary
Below is a concise yet comprehensive overview of all essential details concerning the RBI Grade-B 2023 Exam, crucial for prospective candidates.
| RBI Grade B 2023- Important Details | |
| Organization | Reserve Bank of India |
| Exam Name | RBI Grade B 2023 |
| Posts | Grade B Officers |
| Vacancies | 291 |
| Category | Govt Jobs |
| RBI Grade B 2023 Phase 2 Exam | 30th July, 19th August, 2nd September 2023 |
| Recruitment Basis | Direct Recruitment |
| Selection Process | Phase I, Phase II & Interview |
| RBI Grade B Salary | Rs. 55,200/- Basic Pay [Revised] |
| Job Location | Across India |
| Official website | https://www.rbi.org.in/ |
RBI Grade B 2023 Exam Date Announcement
The RBI has officially unveiled the exam schedule for the RBI Grade-B 2023 Exam, which will be conducted in three phases:
- Preliminary Exam: July 9, 2023,
- Main Exam:
- General: July 30, 2023,
- DEPR: September 2, 2023,
- DSIM: August 19, 2023,
- Interview: Dates to be announced
| RBI Grade-B 2023: Important Dates | |
| Events | Dates |
| Release of RBI Grade-B 2023 Notification | 26th April 2023 |
| RBI Grade B Apply Online 2023 Starts | 09th May 2023 |
| Online Application Last Date | 16th June 2023 (6 pm) |
| Online Payment of Application Fees Last Date | 16th June 2023 (6 pm) |
| RBI Grade B Phase-I Exam Date 2023 | 09th & 16th July 2023 |
| RBI Grade B Phase-II Exam Date 2023 | 30th July, 19th August, 2nd September 2023 |
| RBI Grade B Mains Result 2023 | 28th August 2023 |
| RBI Grade B Mains Scorecard 2023 | September 2023 |
RBI Grade B 2023 Exam Schedule
Check out the updated schedule for RBI Grade-B 2023 Officer Prelims, Mains, and Interviews.
| RBI Grade-B Exam Dates 2023 | ||
| RBI Grade-B Events | Date | |
| Officers in Gr B (DR)- General | Phase-I – Online Examination | 09th July 2023 |
| Phase-II – Paper I, II & III Online Examination | 30th July 2023 | |
| Officers in Gr B (DR) – DEPR | Phase I – Paper – I – Online Examination | 16th July 2023 |
| Phase II – Paper – II & III Online/Written Examination | 02nd September 2023 | |
| Officers in Gr B (DR)- DSIM | Phase I – Paper – I – Online Examination | 16th July 2023 |
| Phase II – Paper – II & III Online/Written Examination | 19th August 2023 | |
| Interview Process | To be notified | |
| Declaration of Final result | To be notified |
RBI Grade-B 2023 Vacancies
The Reserve Bank of India recently announced 291 new job openings for its RBI Grade B 2023 exam. They released a notification with information about the exam and how the openings will be broken down. Let\’s discuss what this means for the RBI Grade B 2023 Exam.
| RBI Grade-B 2023 Vacancy | ||||||
| Posts | UR | SC | ST | OBC | EWS | Vacancies |
| Officers in Grade ‘B’ (DR)–(General) | 109 | 25 | 17 | 49 | 22 | 222 |
| Officers in Grade ‘B’ (DR)–DEPR | 14 | 04 | 06 (04) | 11 | 03 | 38 |
| Officers in Grade ‘B’ (DR)–DSIM | 09 | 08 (05) | 05 (05) | 06 | 03 | 31 |
| Total | 291 |
RBI Grade-B 2023 Online Application
Apply Online for RBI Grade-B 2023 – Click to Apply
RBI Grade B 2023 Application Fees
The application fee for the RBI Grade-B 2023 exam is Rs. 850 for candidates belonging to the General and OBC categories. For candidates belonging to the SC/ST/PWD categories, the application fee is Rs. 100.
| Category | Application Fee |
| General/OBC | Rs. 850/- + 18% GST |
| SC/ST/PWD | Rs. 100/- + 18% GST |
| Staff@RBI | Nil |
RBI Grade-B 2023 Eligibility Criteria
To be eligible for the RBI Grade-B 2023 Exam, candidates must meet the following criteria, which are the same as those in the previous year\’s notification:
- Educational Qualification: A bachelor\’s degree in any discipline from a recognized university, with a minimum of 60% marks (50% for SC/ST/PwBD candidates).
- Age: Between 21 and 30 years of age (as of January 1, 2023), with relaxations for reserved categories.
- Nationality: Indian citizen
RBI Grade-B 2023 Age Limit (as of 01/05/2023)
The Reserve Bank of India (RBI) has set the age limit for the RBI Grade B Officer examination to be between 21 and 30 years of age as of January 1, 2023. Candidates with an M.Phil. or PhD degrees are eligible to apply up to the age of 32 and 34 years respectively.
RBI Grade B Age Relaxation
The Reserve Bank of India (RBI) has announced age relaxation for reserved category candidates appearing for the RBI Grade B Officer examination. As per the RBI\’s rules, the following age relaxations are available for reserved category candidates.
| Category | Age relaxation |
| SC/ST | 5 years |
| OBC | 3 years |
| Physically Handicapped | 10 years |
| PH + OBC | 13 years |
| PH + SC/ST | 15 years |
RBI Grade-B Educational Qualification (as of 01/05/2023)
Posts: Officers in Grade \’B\’ (DR) – (General)
Graduation in any discipline /Equivalent technical or professional qualification with a minimum of 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation / Equivalent technical qualification with a minimum of 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters/years.
Note: Further details regarding educational qualifications for other posts are available in the official notification.
RBI Grade B 2023 Selection Process
The RBI Grade B 2023 Exam comes in three stages. It\’s simple – the Prelims is purely objective, while the Mains mixes it up with both objective and descriptive tests.
- Phase-I exam
- Phase-II exam and
- Interview process
RBI Grade B 2023 Exam Overview
Securing a position as an RBI Grade B Officer necessitates success in all three crucial stages of the examination: the prelims, mains, and the interview. It is imperative for candidates to channel their efforts effectively into preparing for each of these stages.
RBI Grade B Prelims Exam Structure
The RBI Grade-B Officer Prelims for 2023 comprises a single 200-mark paper. Candidates are allotted 120 minutes to tackle all questions, with specified time limits for each section.
| SNo | Section Asked | No. of Questions | Maximum Marks | Duration |
| 1. | General Awareness | 200 | 200 | Composite time of 2 hours |
| 2. | Quantitative Aptitude | |||
| 3. | English Language | |||
| 4. | Reasoning |
It is worth noting that the RBI Grade B prelims exam is a 120-minute endeavor divided into individual sections. An Information Handout, inclusive of time allocations for each section, will be provided along with the call letter.
Achieving the minimum cut-off marks in each individual test, as well as the overall exam is a prerequisite for progression to the next stage. Thus, giving each test one\’s utmost attention is crucial.
RBI Grade B Mains Exam Pattern
The RBI Grade B Mains exam comprises three papers, each with its unique format:
Paper I: Economics and Social Issues
- Type: 50% Objective, 50% Descriptive (to be typed)
- Maximum Marks: 50
- Duration: 90 minutes
Paper II: English (Writing Skills)
- Type: Descriptive (3 questions)
- Maximum Marks: 100
- Duration: 90 minutes
Paper III: Finance and Management
- Type: 50% Objective, 50% Descriptive
- Maximum Marks: 50
- Duration: 120 minutes
RBI Grade B Officer Interview Process
Candidates for the RBI Grade B interview are shortlisted based on their total marks in the first three papers of Phase II. The interview carries a weightage of 50 marks. Success in both Phase II and the interview is paramount for selection as an RBI Grade B Officer.
RBI Grade B 2023 Exam Syllabus
The RBI Grade B Syllabus for the preliminary exam shares commonalities with other Bank Exams. The primary categories from which questions are derived encompass:
- Reasoning
- Quantitative Aptitude
- General Awareness
- English Language
Within these categories, specific topics include:
| English | Quantitative Aptitude | Reasoning | General Awareness |
| Grammar | Mensuration | Puzzles | Banking and financial Awareness |
| Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
| Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
| Comprehension | Speed, Distance and Time | Data Sufficiency | Current Affairs |
| Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
| Jumble Words | Permutation and Combination | Syllogism | Static GK |
| Fill in the Blanks | Data Interpretation | Coding-Decoding | Government Schemes, Agreement & Deals |
| Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
For an in-depth overview of the RBI Grade B 2023 Syllabus, you can refer here
RBI Grade B Number of Attempts
General category candidates are allowed a total of 6 attempts for the RBI Grade B Exam. Reserved category candidates (SC/ST/PWD/EXSM) have the privilege of taking the exam an unlimited number of times, provided they are within the age limit.
RBI Grade B Salary 2023
- Starting basic pay: Rs. 55,200/-
- Yearly increment:
- First 9 years: Rs. 2850/
- Executive band (9th to 11th year): Rs. 2850/-
- After executive band (12th to 16th year): Rs. 3300/-
- Maximum basic pay after 16 years: Rs. 99,750/-
- Additional perks include Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, and Conveyance Allowance.
For a detailed breakdown of the RBI Grade B Salary, Allowances & Promotions, click here
RBI Grade B Exam Centers
Below is the list of RBI Grade B Exam Centers for Phase I and Phase II:
| Name of the Examination Cities | |
| Ahmedabad | Jammu |
| Bengaluru | Kanpur |
| Bhopal | Kochi |
| Bhubaneswar | Lucknow |
| Kolkata | Mumbai |
| Chandigarh | Nagpur |
| Chennai | New Delhi |
| Guwahati | Patna |
| Hyderabad | Pune |
| Jaipur | Thiruvananthapuram |
RBI Grade B 2023 Result
The RBI Grade B 2023 Exam results will be released after each phase of the exam concludes. To advance through the process, candidates must clear both Phase-I and Phase-II exams. Following the interview process, a merit list is compiled based on the candidates\’ scores. Final selection is contingent on performance in the interview.
For an in-depth understanding of the RBI Grade-B Result, visit
Click Here to View RBI Grade-B Result
RBI Grade B Exam Cut Off
The RBI Grade B 2023 Exam cut-off is revealed in stages, providing candidates with an opportunity to evaluate their performance. The Phase I cut-off is published post-exam, followed by the Phase II cut-off. Candidates can use the previous year\’s RBI Grade B Exam cut-off as a reference for this year\’s exam.
| RBI Grade-B Cut-Off 2022 for Phase-I Exam | ||||||
| Section | Category | |||||
| GENERAL/UR | EWS | OBC | SC | ST | PwBD (OH/HI/VH/MD) | |
| GENERAL AWARENESS (Maximum Marks = 80) | 12.00 | 12.00 | 8.00 | 6.25 | 6.25 | 6.25 |
| REASONING (Maxi55.25 50.75 49.75 mum Marks = 60) | 9.00 | 9.00 | 6.00 | 4.75 | 4.75 | 4.75 |
| ENGLISH LANGUAGE (Maximum Marks = 30) | 4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| QUANTITATIVE APTITUDE (Maximum Marks = 30) | 4.50 | 4.50 | 3.00 | 2.25 | 2.25 | 2.25 |
| TOTAL SCORE/ Aggregate (Maximum Marks = 200) | 63.75 | 63.75 | 60.25 |
RBI Grade B Cut Off Previous Year- Click Here
RBI Grade B 2023 Exam Preparation
To excel in the RBI Grade B 2023 Exam, it is imperative to acquaint oneself with the latest exam pattern and syllabus alterations. Developing a strategic preparation plan is key to staying ahead of the competition.
Various avenues for enhancing one\’s skills for the RBI Grade B Exam include:
- Joining an Offline Coaching Program like Sridhar\’s CCE for comprehensive guidance.
- Engaging in Mock Test Papers for effective self-assessment.
- Enrolling in specialized coaching programs, such as Sridhar\’s CCE Academy, which boasts a track record of success.
Sridhar\’s CCE Academy has consistently helped numerous students qualify for the exam each year.
RBI Grade B 2023- FAQs
Q1. What is the date for RBI Grade B 2023?
A: The RBI Grade B 2023 Exam is scheduled for 9th and 16th July, 2023.
Q2. What is the Application Fee for the RBI Grade B 2023 Exam?
A: The application fee is Rs. 850/- for General and OBC category candidates, and Rs. 100/- for SC/ST/PWD category candidates.
Q3. Does the RBI Grade B exam have negative markings?
A: Yes, incorrect answers in both Preliminary and Main RBI Grade B exams result in a 0.25-point deduction.
Q4. What is the salary of an RBI Grade B officer?
A: An RBI Grade B Officer starts with a monthly wage of Rs. 35,600, which increases over time.
Q5. What are the selection criteria for RBI Grade B Officer 2023?
A: Candidates must hold a bachelor\’s degree with specific percentage requirements and fall within the age range of 21-30. Additionally, age relaxations are applicable for reserved categories.
Q6. What are the eligibility criteria required for RBI Grade B Officer 2023?
A: Candidates must possess either a Graduation in any discipline with a minimum of 60% (50% for SC/ST/PwBD) or a Post-Graduation with a minimum of 55% (pass marks for SC/ST/PwBD). All marks are calculated as an aggregate across all semesters/years.