RBI Officer in Group B General DR Recruitment 2014Mumbai

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  • CategoryBanking
  • Sub CategoryOfficer
  • LocationMumbai
  • CompanyRBI
  • Posted date on our Website04 June 2014
  • Expiration Date23 June 2014

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Here are the details of RBI Officer in Group B General DR Recruitment 2014 job in RBI. This job or placement paper has been sourced from either company website or newspaper or other media and from students who appeared for this job. User is requested to verify the data before applying for the job.

Reserve Bank of India (RBI) is accepting applications from interested and eligible candidates for direct recruitment to the post of Officer in Grade B (General). The process of selection would consist of an online examination and interview. Individuals wishing to apply for RBI Officers in Grade 'B' (General)  - DR Recruitment 2014 are required to apply online. The last date for online application for this latest RBI vacancy is June 23, 2014 (Monday).

Name of the Post:- Officers in Grade 'B' (General) – Direct Recruitment - (DR)

Total No of Vacancies:-


Age (as on 01/06/2014):
Individuals aged between 21 and 30 years of age are eligible to apply.

For candidates possessing M.Phil. and Ph.D. qualification, the upper age limit is relaxable to 31 and 33 years respectively.

Other age relaxations in upper age limit:

(a) Three years in the case of OBC candidates if the posts are reserved for them.
(b) Five years in the case of: i) SC/ST candidates.

Educational Qualifications (as on 01/06/2014):-

Candidates should posses any one of the following qualifications:
i) A First Class Bachelor's Degree with a minimum of 60% marks or an equivalent grade, in aggregate of all semesters / years
ii) A Second Class Master's Degree with minimum of 55% marks or an equivalent grade, in aggregate of all semesters / years
iii) A Doctorate Degree; with minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Master's Degree;  iv) Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor's Degree
v) A Post Graduate Diploma in Management / MBA qualification from institutions recognized by Government of India / University Grants Commission, with Graduation / Bachelor’s Degree.

SC/ST/PWD candidates having second class with a minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Bachelor's Degree examination OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply.

Selection Procedure:-

Selection will be through examinations and interview.

RBI Officers in Gr ‘B’ (General) - DR Exam Paper Pattern:-

The Examination will be held in two phases
Phase-I ON-LINE Examination (Objective Type)
Phase-II Written Examination (Descriptive type)

(I) Phase-I ON-LINE Examination (Objective Type):

This Paper for 200 marks will be held on August 2/3/9/10, 2014. Depending on the number of candidates, the examination may be held on some other days also. A candidate, however, has to appear for examination on only one day. The date & 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 normalized using equipercentile method.

Sections of Objective test
 i) General Awareness
 ii) English Language
iii) Quantitative Aptitude 
iv) Reasoning

Time: 130 minutes

Candidates have to secure minimum marks separately for each test as well as aggregate, as prescribed by the Board. Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Phase-II of the Examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted in Phase-I of the On Line Examination (‘OE’) will be published on RBI website and a brief notice thereof in leading newspapers in August/ September 2014.

(II) Phase-II Written Examination (Descriptive Type):

The Phase-II Written Examination (WE) will be conducted in September/ October 2014 (tentative) only for those candidates who are shortlisted for the same. The date and time-table will be intimated to the candidates concerned at the appropriate time.

Sections of the descriptive test:
(i) Paper I – English
(ii) Paper II – Economic and Social Issues 
(iii) Paper III – Finance and Management.

Each of these papers is of 3 hours duration carrying 100 marks.

RBI Officers in Gr ‘B’ (General) - DR Exam Syllabus (Phase-II):-

(i) Paper I – English: Essay, Précis writing, Comprehension and Business/Office Correspondence.

(ii) Paper II – Economic and Social Issues: Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatisation – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice : Positive Discrimination in favour of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

(iii) Paper III – Finance and Management:

Finance :The Union Budget – Direct and Indirect taxes; Non-tax sources of revenue; Outlays; New Measures; Financial Sector Reforms; Capital Market, Money Market and Foreign Exchange Market; Stock Exchanges and their Regulation; Capital Market Intermediaries and their Regulation; Role of SEBI; Functions of the Money Market; Growth and Operation of the Money Market; The Foreign Exchange Market; From FERA to FEMA; Exchange Rate Management; Exchange Risk Management; Role of Banks and Financial Institutions in Economic Development; Regulation of Banks and Financial Institutions; Disinvestment in Public Sector Units.

Management: Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counseling – Career Planning – Training and Development – Rewards – Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanics of Corporate Governance.

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

How to Apply:-

Interested and eligible candidates wishing to apply for RBI Officers in Gr ‘B’ (General) - DR Recruitment 2014 are required to apply online www.rbi.org.in from June 03, 2014 (Wednesday)  to June 23, 2014 (Monday).

RBI Officers in Gr ‘B’ (General) - DR Exam 2014 Important dates:-

•Apply online on website:- www.rbi.org.in from 03/06/2014 to 23/06/2014
•Payment of Fees /Intimation Charges- ON LINE - 03/06/2014 to 23/06/2014
•Payment of Fees/Intimation Charges at Bank Branches (Off-Line) - 05/06/2014 to 26/06/2014
•Phase-I ON-LINE Examination (Objective Type): This Paper for 200 marks will be held on August 2/3/9/10, 2014.

Click Here to know more.

About RBI:-

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Why RBI - Why should i join RBI?:-

Life with the RBI is not just another career. It's a commitment. Commitment to serve the nation, where your decisions make an impact on the way the economy and the financial sector in the country evolves.

In RBI you get an opportunity to diversify your skills. You can move between departments and work on areas from formulation of monetary policy to dealings and trading in forex and government bonds, managing public debt and bank accounts to facilitating exchange remittances by residents and non residents, regulating and supervising 34,000 financial entities, spearheading technology within the RBI or in the financial system and even training and researching for self-development.

Contact Details:

Address of RBI - Reserve Bank of India:-

Mumbai - 400 001, India.
6-1-56, Secretariat Road, Saifabad,
Hyderabad-500 004.
Tel : +91 (040) 232337982-87,
Fax: +91 (040) 23230533

6, Sansad Marg,
New Delhi - 110 001, India.
Tel: +91 11 23710538 to 42
Fax: +91 11 23711250.

10/3/8, Nrupthunga Road,
Bangalore-560 001, India.
Tel: +91 80 22275020,
Fax: +91 80 22210185.

Fort Glacis, Rajaji Salai,
Chennai-600 001, India.
Tel: +91 44 25361631.

15, Netaji Subhas Road,
Kolkata-700 001, India.
Tel: +91 33 22312121,
Fax: +91 33 22309589.

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