Chennai School of Banking (CSB), the Leading Training Institute in Chennai, trains candidates for the RBI GRADE B OFFICER examination, according to the latest pattern and with previous year question papers. Join CSB and face the Phase I and Phase II exams and the following interview with confidence. 

Table of Contents

What is RBI Grade B?

  • The Reserve Bank of India conducts the RBI Grade B examination every year, to recruit Officers in Grade B (General) – DR, DEPR, and DSIM in the Common Seniority Group (CSG).


RBI Grade B Eligibility Criteria

Age Limit:

  • Minimum Age for RBI Grade B Officers – 21 years
  • Maximum Age for RBI Grade B Officers – 30 years

Age Relaxation

  • SC/ST – 5 years
  • OBC –3 years
  • Physically challenged candidate –10 Years
  • Ex-Servicemen / Ex-Employee of Banking Institutions – 5 years

Number of Attempts

  • The candidates can take 6 attempts. More than that the candidate will not be eligible to apply.


Educational Qualification:

  • The candidates must have 60% of marks scored in Bachelor’s degree, 10th Std and 12th Std. In the case of reserved category candidates, the above percentage of mark scored will be reduced to 50%.
  • The candidates who are holding a Master’s Degree 55% will be allowed to apply. Furthermore, clarification on an educational category can refer to the official notification at the RBI web portal.


Educational Qualifications

Officers in Grade ‘B’ (DR) – (General)

Applicants must possess 60% of marks 10th standard, 12th standard as well as in bachelors’ degree from a state or Central Board/ University respectively (50% for SC/ ST/ PWD)

Officers in Grade ‘B’ (DR) – DEPR

Applicants must have a Masters Degree in Economics/ Finance/ Mathematical Economics/ Econometrics/ Integrated Economics Course/ Quantitative Economics with at least 55% of marks. (50% for SC/ ST/ PWD)

Officers in Grade ‘B’ (DR) – DSIM

·       Applicants must have a master’s degree in Mathematics/ Economics/ Mathematical Statistics/ Econometrics/ Statistical and Informatics from IIT Kharagpur with at least 55% in all years, or

·       Master’s Degree in Mathematics/ PG Diploma in Statistics from reputed an Institute, or M. Statistics from ISI with 55% mark in all semesters, or

·       PG Diploma in Business Analytics from ISI Kolkata, IIT Kharagpur, IIM Calcutta with 55% of marks. (5% relaxation for SC/ ST/ PWD)

RBI Grade ‘B’ Selection Process

  • The RBI Grade B selection process consists of three stages as mentioned in the official notification of RBI Grade B. The candidates will have to qualify each of the stages in order to get the final selection as an RBI Grade B officer after clearing the respective cut-offs.

– Phase I

– Phase II

– Interview process

RBI Grade ‘B’ Phase-I Pattern





General Awareness



120 Minutes,  section-wise timing

Quantitative Aptitude



English Language










RBI Grade ‘B’ Phase-II Pattern:

Officer in DR (Department of Economic & Policy Research) General




Economics and Social Issues (Objective Type)


90 minutes

Finance and Management (Objective Type)


90 minutes

English (Writing Skills) – (Descriptive)


90 minutes

RBI Grade ‘B’ – Interview Process

  • Shortlisted candidates from the Phase II examination will be called for the Interview Process.
  • Candidates will be shortlisted for the interview, based on an aggregate of marks obtained in Phase-II (Paper-I + Paper-II + Paper-III).
  • Interview of RBI Grade B carries 50 marks.
  • The candidate may opt for an interview either in Hindi or English.
  • Final Selection will be through merit list which will be prepared by adding marks secured by candidates in Phase-II examination and interview.
  • Interview –50 Marks

RBI Grade ‘B’ – Phase II Exam Syllabus

  • RBI Grade Officers selection will be based on two-phase examination such as Phase I and II. The Mains exam score will be calculated for final merit.
  • Interview and Mains exams score only decide the candidates who are going to be selected for RBI Grade B. In RBI Grade B mains syllabus contain 3 different topics that are Economic & Social Issues, Finance, and Management.



Economic & Social Issues

Growth and Development, Economic Reforms in India,
Globalization, Social Structure in India,


Financial System, Financial Markets, Risk Management
Basics of Derivatives, Development in the Financial Sector, Union Budget, Inflation


Role of Manager, Human Resource Development,
Motivation, Morale, and Incentives Communication
Corporate Governance.

RBI Grade B Prelims Syllabus


  • Alphanumeric, Alphabetical Series
  • Syllogism
  • Coding and Decoding
  • Ranking
  • Direction Sense
  • Blood Relation
  • Inequality
  • Machine Input Output
  • Seating Arrangement
  • Cause and Effect
  • Puzzles
  • Statement – Course of Action
  • Statement Argument
  • Statement – Assumption
  • Data Sufficiency
  • Statement Conclusion

Quantitative Aptitude

  • Discount, Profit and Loss
  • Simple and Compound Interest
  • Number System
  • Percentage
  • Simplification
  • Pipes and Cistern
  • Time Speed and Distance
  • Ratio and Proportion
  • Time and Work
  • Number Series
  • Average
  • Area Volume
  • Mixture
  • Partnership
  • Data interpretation
  • Ages
  • Probability
  • Quadratic Equation


  • Reading Comprehension
  • Vocabulary
  • Error Detection
  • Sentence Rearrangement

General Awareness

  • Current Affairs
  • Banking and Financial Awareness
  • Economic Terms
  • Banking Terms, Rates, Processes
  • Financial and Economic News
  • Government Schemes
  • Monetary Policies
  • Static GK


RBI Grade B Mains Syllabus

RBI Grade B Mains syllabus for all papers is provided below in the table:

Paper 1: Economic and Social Issues (ESI)

  • Poverty Alleviation and Employment Generation in India
  • Indian Economy – Economic History of India – Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991
  • Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and Reserve Bank in the development process
  • Poverty Alleviation and Employment Generation in India
  • Industrial Developments in India
  • Priorities and recommendations of Economic Survey and Union Budget
  • Political Economy
  • Sustainable Development and Environmental issues
  • Public Finance
  • Growth and Development – Measurement of growth: National Income and per capita income
  • Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy
  • Social Structure in India – Multiculturalism
  • Indian Agriculture
  • International Economic Institutions – IMF and World Bank – WTO – Regional Economic Cooperation
  • Gender Issues – Social Justice: Positive Discrimination in favour of the underprivileged
  • The services sector in India
  • International Economic Issues
  • Demographic Trends – Urbanisation and Migration
  • Social Sectors in India, Health and Education.
  • Indian Political System
  • Social Movements
  • Human Development

Paper 2: English (Writing Skills)

  • Essay Writing
  • Reading Comprehension
  • Precise Writing

This paper is conducted to assess the writing skill of the candidate that’s why it contains only 3 questions.

Paper 3: Finance and Management

  • Financial System – Banking System in India, Regulators of banks and Financial Institutions, Impact of the Global Financial Crisis of 2007- 2008 and the Indian Response, Reserve Bank of India – Functions and Conduct of Monetary policy.
  • Financial Markets – Recent Development of Primary and Secondary Markets, Instruments and Functions of Primary and Secondary Markets.
  • General Topics – Financial Inclusion, Risk Management in Banking Sector, Alternate source of Finance, private and Social Cost-Benefit, Public Private Partnership, Basics of Derivatives, Corporate Governance in Banking Sector, the role of e-governance in addressing issues of corruption and inefficiency in the government sector, Global Financial Markets and International Banking, Fintech, Inflation: Definition, trends, estimates, consequences, and remedies, The union Budget: Concept approach and Broad Trends.
  • Management – Leadership, Fundamental of Management and Organizational Behaviour, Ethics at the workplace and Corporate Governance.

RBI Grade B Interview

The interview is the 3rd phase of the RBI Grade B Recruitment Process 2023. Phase 3 includes a Psychometric Test which will be followed by an Interview. Before the interview, there will be a test namely, Psychometric Test. Every candidate of RBI Grade B Recruitment has to undergo the test first. There will be no marks given for the Psychometric Test. After the Psychometric Test, the interview carries 75 marks and the candidates can choose the language of the interview.

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