RBI Grade B Officers selection process, RBI Grade B Officers online examination, RBI Grade B Officers interview, RBI Grade B Officers interview questions and types of questions asked in RBI Grade B Officers interview

RBI Grade B Officers selection process

The much awaited RBI Grade B Officers Recruitment 2016 notification is looked upon to generate a lot of responses among bank job aspirants. Recently, Reserve Bank of India (RBI/Bank) invited applications for the Officers in Grade ‘B’ (General) - DR – Batch Year 2016 from Indian citizens, citizens of Nepal and subjects of Bhutan, persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been issued by Government of India.



SELECTION PROCESS OF RBI GRADE B OFFICERS


The RBI Grade B Officers selection process constitutes of two phase of RBI Grade B Officers online examination and RBI Grade B Officers interview. The exam is of objective type and is online

  • Phase-I RBI Grade B Officers online examination: 
    This Paper for 200 marks will be held on September 4, 2016. Depending on the number of candidates, the examination may be held on some other days also. A candidate, however, has to appear for examination in only one shift on the given day. The date, time and venue on which a candidate has to appear for examination will be specified in the Admission Letter (AL) to be downloaded by the candidate. The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalised using equipercentile method. The Paper consists of tests from the subjects including:

(i) General Awareness

(ii) English Language

(iii) Quantitative Aptitude and

(iv) Reasoning, with composite time of 120 minutes. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website.

  • Phase-II RBI Grade B Officers online Examination: 
    The Phase-II online Examination will be conducted on September 19, 2016, only for the candidates who are shortlisted on the basis of results of Phase-I. The Phase-II examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The time-table for Phase-II will be intimated to the candidates concerned along with Admission Letter for Phase-II. Phase–II online examination will consist of three papers as under:

Name of Paper

Type of Paper

Time (Minutes)

Marks

Paper-I:
Economic and Social Issues

Objective Type

90

100

Paper II:
English (Writing Skills)

Descriptive, to be typed with the help of the keyboard

90

100

Paper-III:
Finance and Management

Objective type

90

100


The next phase of the RBI Grade B Officers selection process is of RBI Grade B Officers interview. Candidates will be shortlisted for the RBI Grade B Officers interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III). The minimum aggregate cut off marks for being shortlisted for Interview will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted for interview will be published on RBI website at appropriate time and interview call letters will be sent on registered email ID. RBI Grade B Officers interview will be of 50 marks. Candidate may opt for 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.




Types of Questions asked in RBI Grade B Officers Interview

Candidates who get through both phase of online examination have to appear for RBI Grade B Officers interview . To prepare for the RBI Grade B Officers interview many competitive exam preparation books with solved papers and tentative types of questions asked in RBI Grade B Officers interview are available in the market.

Here below are a few types of questions asked in RBI Grade B Officers interview that can help in the preparations:

  • Why you want to enter in Banking industry?

  • Why are you not working anywhere from past 6 months ?

  • Can you shift to another city ?

  • Why you left your previous job ?

  • Why don't you join your father's business ?

  • What is CRR?

  • What is SLR?

  • What is Bank rate?

  • What are open market operations?

  • What is Sensex and how it is calculated?

  • What is CP ?

  • What are various services provided by a commercial bank ?

  • What is PPF?

  • What are various investments under section 80(C) of Income Tax act?

  • What are NPAs?

  • What was the purpose of setting up NABARD?

  • NABARD is the apex institution for the development of farm sector cottage What are various functions of RBI?

  • What is IRDA and what are its functions?

  • What are Derivatives ?

  • What is an Option in derivative market ?

  • What is Call option and Put option ?

  • What is GDP ?

  • What is GNP ?

  • What is Monetary Policy?

  • What is Fiscal policy?

  • What is Fiscal deficit?

  • What is DeMat account ?

  • What is RuPay card?

  • Bull and Bear market?

  • What is SWIFT?

  • What is Service Tax?

  • What is Mutual Fund ?

  • What is safest type of fund ?

  • Mutual Fund is a pool of fund where investors invest their money for a common?

  • What is GST?

I hope this complete guide to RBI Grade B Officers selection process along with types of questions asked in RBI Grade B Officers interview will help you in your bank examination preparations.

Website link will be open for online registration of applications and payment of fees/intimation charges from 18 July, 2016 to August 9, 2016 while Phase-I Online Examination is on September 4, 2016 and Phase-II Online Examination is on September 19, 2016.

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RBI Grade B Officers selection process


Reserve Bank of India (RBI/Bank) invited applications for the Officers in Grade B (General) - DR Batch Year 2016 from Indian citizens, citizens of Nepal and subjects of Bhutan, persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been issued by Government of India.

 

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