(4 out of 5 based on 229 Ratings)

Reserve Bank of India is one financial institution that could do without an introduction. Responsible for policy formation the bank takes stock of the financial situation of every sector of the country and is also anchored with the constant and difficult responsibility of upholding the state of economic affairs. RBI exams in India are conducted as per a planned scheme of recruitment that phased is out during the entire calender year.
RBI Exam 2019 Eligibility:-
Reserve Bank of India (RBI) conducts exams for recruitment of Grade B officers and Assistant post. 

Eligibility for Grade B Officer (DR):-


Educational Qualification:-

A Minimum of 60% marks (50% in case of SC/ST/PWD) or equivalent in Bachelor’s Degree as well as in 12th and 10th standard examinations.

Age Criteria and Age Relaxation in upper age limit

(i) The present age criteria of “Between 21 to 30 years” will be retained.

(ii) For M. Phil and Ph. D candidates the upper age limit will be 32 and 34 years, respectively.

(iii) As per extant practice age relaxation will be available to experienced candidates viz. candidates having experience as an officer in Commercial Bank/ Financial Institution in Public Sector as also candidates with prior experience in Reserve Bank of India, to the extent of number of years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

(iv) There are relaxations in upper age limit as per statutory requirements and for the staff.

As per existing practice cumulative age relaxation will not be available in combination with any items mentioned at (ii) (iii) & (iv).



Eligibility for Assistant:-

Age:- Between 18 and 28 years.

Age Relaxation:-

SC/ST - 5 years
OBC - 3 years

Educational Qualifications:-

i) At least a Bachelor’s Degree in any discipline with a minimum of 50% marks (pass class for SC/ST/PWD candidates) in the aggregate and the knowledge of word processing on PC.

ii) A candidate belonging to Ex-servicemen category should either be a graduate from a recognized University or should have passed the matriculation or its equivalent examination of the Armed Forces and rendered at least 15 years of defence service.

iii) Candidates applying for post in a particular state should be proficient in the language of the state i.e. know to read, write, speak and understand the language.

RBI Registration / Application Form

RBI Exam 2019 Application Form / Registration:-


Apply online through Bank’s website www.rbi.org.in

Before applying online, candidates should

(i) scan their photograph and signature ensuring that both the photograph and signature adhere to the required specifications as given in Annex I to this advertisement.

(ii) if desiring to make online payment of application fees/ intimation charges keep the necessary details/documents ready (In case of Offline Payment i.e. CBS candidates have to apply online, obtain a fee payment challan and then remit the necessary application fees/ intimation charges).

(iii) have a valid personal email ID, which should be kept active till the declaration of results. RBI may send call letters for the Examination etc. through the registered e-mail ID. Under no circumstances, a candidate should share with/mention e-mail ID to / of any other person. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID before applying on-line and must maintain that email account.

Candidates have the option of making the payment of requisite fees/ intimation charges either through the ONLINE mode or the OFFLINE mode:-

Payment of fees/ intimation charges via the ONLINE MODE:-

(i) The application form is integrated with the payment gateway and the payment process can be completed by following the instructions.

(ii) The payment can be made by using only Master/ Visa Debit or Credit cards or Internet Banking by providing information as asked on the screen.

(iii) After Final Submit, an additional page of the application form is displayed wherein candidates may follow the instructions and fill in the requisite details.

(iv) If the online transaction has not been successfully completed then candidates are advised to login again with their provisional registration number and password and pay the Application Fees/ Intimation Charges online.

(v) On successful completion of the transaction, an e-receipt will be generated.

(vi) Candidates are required to take a printout of the e-receipt and online application form. Please note that if the same cannot be generated online transaction may not have been successful.

(vii) Amount of fees debited for unsuccessful transaction will be refunded to the candidate’s account in due course.

Payment of fees/ intimation charges via OFFLINE MODE (at counters of specified Bank branches):-

Payment of fee/ intimation charges through the offline mode can be made through the CBS branches of any one of the following 7 Public Sector Banks-

Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Indian Overseas Bank, Punjab National Bank, United Bank of India.

Once the application is filled in completely, candidate should submit the data. Candidates should take a printout of the system generated fee payment challan immediately. No change/edit will be allowed after submission.

RBI Exam Dates

RBI Exam 2019 Date:-

RBI Assistant Recruitment 2019 -
Apply Online through the Bank’s website www.rbi.org.in from 23/12/2019 to 24/01/2020
Schedule of Online Preliminary Test (Tentative) - February 14 & 15, 2020. However, RBI reserves the right to change the dates of examination.
Schedule of Online Main Test (Tentative) - March 2020. However, RBI reserves the right to change the dates of examination.
Click here for more details.
RBI Recruitment of Officers in Grade B- DR (General), DEPR/DSIM 2019
Total Number of Vacancies - . 
Officers in Grade ‘B’(DR)- General - 156 posts
Officers in Grade ‘B’(DR)- DEPR - 20 posts
Officers in Grade ‘B’(DR)- DSIM - 23 posts
Apply ONLINE only through the Bank's website www.rbi.org.in from 21st September 2019 to 11th October 2019.
1. Officers in Gr B (DR) General
Phase-I – Online Examination - November 9, 2019 
Phase-II – Paper I, II & III Online Examination - December 1, 2019
2. Officers in Gr B (DR) – DEPR
Phase I - Paper - I  Online Examination - November 9, 2019
Phase II - Paper - II & III - Online/Written Examination - December 2, 2019 (To be confirmed in Admit cards)
3. Officers in Gr B (DR) - DSIM
Phase I - Paper - I - Online Examination - November 9, 2019
Phase II - Paper - II & III Online/Written Examination - December 2, 2019 (To be confirmed in Admit cards)
Click here for more details.


RBI Syllabus

RBI Grade B Officer (DR) Exam Syllabus 2019:-


1. English (Writing Skills):

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

2. 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 – Privatization – 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 – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

Suggested reference material:


    Indian Economy: Uma Kapila.(Series of Books)
    Indian Economy: Mishra Puri. (Latest Edition)
    Growth And Development: Devraj Ray
    Sociology: C.N. Shankar Rao

News Papers:

    Economic Times
    Business Standard

Weekly/Monthly Magazines/Bulletins /Reports:

    Economic and Political Weekly
    Southern Economist
    Business India
    RBI Bulletins


    World Development Report
    Economic Survey of India

3. Finance and Management:

(A) Finance

(a) Financial System

    Regulators of Banks and Financial Institutions

    Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.

(c) General Topics

    Risk Management in Banking Sector

    Basics of Derivatives: Forward, Futures and Swap

    Changing Landscape of Banking sector

    Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments

    Financial Inclusion- use of technology

    Alternate source of finance, private and social cost-benefit, Public-Private Partnership

    Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.

    The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),

    Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.

Suggested reference material:

    An introduction to Economics – A W Stonier and D C Hauge

    Monetary Theory and Public Policy – Kenneth Kurihara

    Indian Economy – Mishra and Puri

    Indian Economy – R. Dutt and KPM Sundaram

    Economic Growth and Development – Mayer and Baldwin

    Major economic newspapers and Economic and Political Weekly

    Public Finance – K K Andley and Sundaram

    Financial Management – Prasanna Chandra

(B) 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 Counselling – 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; Mechanisms of Corporate Governance.

The questions on this section will be basic in nature.

4. Economics

(a) Microeconomics

    Consumers behaviour and firms; value of resources like land, labour and capital

    Markets-monopoly, perfect and imperfect competition

    General Equilibrium of price and activity, economic welfare and case for regulatory / policy interventions

(b) Macroeconomics

    Measuring national income and its components; basic macro identities and idea of macro-balance; Goods and Financial Market Equilibrium (IS-LM Framework)

    Major macro-economic school of thoughts; Classical, Keynesian and Monetarist

    Consumption and Investment demand; demand management policies and their effectiveness

    Money demand and supply; monetary and fiscal policies

(c) International Economics

    Benefit of International trade; comparative and absolute advantage; effect of International trade on resources allocation and factor price equalisation; non-conventional trade barriers, optimum currency areas and effect of customs union

    International finance and exchange rates issues in an open economy, benefits and costs of an inter-connected financial markets; evolution of international financial architecture

(d) Public Economics

    Public Goods, instruments of financing, government tax and non-tax revenue

    Direct and Indirect taxes, efficiency costs of commodity taxes, income taxation, labour supply and savings, corporate taxation and corporate behaviour

    Government expenditure policy-various components, deficit financing and its impact on the economy, government debt and crowding out of private capital

(e) India’s Economy and Development Issues

    India’s experimentations with planned development models and the outcomes, structural issues-savings and investment, demography, urbanization, productivity, etc., issues with poverty, inequality and employment

    Agriculture- policy and developments, manufacturing competitiveness; what is holding India back, role of public sector enterprises in the key economic sectors, India’s resilient service sector; trade, tourism, communication, ITES, etc.

    Financial sector regulation and reforms-banking, insurance and capital market, fiscal policy and the changing priorities of government, emergence of monetary policy and its new role

Suggested reference material:

    Microeconomics, Student Value Edition (8th edition) by Robert Pindyck, Daniel Rubinfeld

    Intermediate Microeconomics : A modern Approach (8th edition) by Hal R. Varian

    Macroeconomics (2011) by Rudiger Dornbusch, Stanley Fisher, Richard Starz

    Macroeconomics by N. Gregory Mankiw, (Seventh Edition),

    International Economics (2013) by Domimick Salvatore

    International Economics (2011) by Paul Krugman and Maurics Obstfeld

    International Finance and Open Economy Macroeconomics (1993) by Francisco L. Rivera- Batiz, Luis A. Rivera- Batiz

    Public Finance in Theory and Practice (1989) by Richard Abel Musgrave and Peggy B. Musgrave

    The Concise Oxford Companion to Economics in India, Edited by Kaushik Basu & Annemie Maertens

    Indian Economy since Independence (2014) edited by Uma Kapila

    Indian Economy : Performance and Policies (2015) edited by Uma Kapila

    India Development Report (2015) edited by S. Mahendra Dev

5. Statistics:

(1) Probability: Random variables, Theorems of probability, Conditional probability, Independent events, Bayes' theorem and its application, expectation, moments, distribution functions, Binomial, Poisson, Geometric, Exponential, Negative binomial, Hyper geometric, Cauchy, Laplace, Logistic, Pareto, Log-normal, Beta and Gamma distributions, Weibull, Uniform, Bivariate normal distribution and truncated distributions, Markov’s inequality, Chebyshev’s inequality, Cauchy-Schwarz inequality, Laws of large numbers, Central limit theorems and applications.

(2) Statistical Methods: Population and sample, Measures of central tendencies Parameter and Statistic, Correlation and Regression, intra-class correlation, multiple and partial correlations, Spearman's coefficient of rank correlation, Z, chi-square, t and F statistics and their properties and applications, Large sample distributions, Variance stabilizing transformations, sin inverse, square root, logarithmic and z transformation.

(3) Linear Models: General Linear models, BLUE, method of least squares, Gauss-Markoff theorem, estimation of error variance, Simple and Multiple linear regression models, Important assumptions and treatments in case of assumption’s violation, Regression diagnostics, Analysis of variance in one, two and three-way classifications, Analysis of Covariance in one and two-way classifications.

(4) Statistical Inference: Properties of estimators, MVUE, Rao-Blackwell and Lehmann-Scheffe theorems, Cramer-Rao inequality, methods of estimation, properties of maximum likelihood and other estimators, confidence intervals. Simple and composite hypotheses, Type I and Type II errors, size and power of a test, Most Powerful and Uniformly Most Powerful tests, Neyman-Pearson lemma, Likelihood Ratio test and its properties and applications. SPRT, OC and ASN functions, Tests of goodness of fit. Parametric vs. Non-parametric Test, Frequently-used non-parametric inferential statistical methods.

(5) Multivariate Analysis: Bivariate and Multivariate normal distribution, marginal and conditional distribution, Estimation of mean vector and covariance matrix, Asymptotic properties of estimators, Sampling distribution of X and S, Mahalanobis D2 and Hotelling's T2 and its applications.

(6) Optimisation Techniques and Statistical Quality Control: Linear Programming, Transportation Problem, Assignment Problem, Basics of Simulation, Quality control, Process Control and Product Control, control charts, Acceptance Sampling plan, single and double sampling plans (ASN, OC, ATI, LTPD, AOQL).

(7) Sample Surveys and Design of Experiments: Simple and Stratified random sampling, ratio and regression methods of estimation, Double sampling, Systematic, Cluster, two stage and PPS sampling. Sampling and Non-sampling errors. Principles of Design of Experiments, Completely Randomized Design, Randomized Block Design, Latin Square Design, missing plot technique, 22 and 23 factorial designs, Split-Plot Design and Balanced Incomplete Block Design, Fractional factorial experiments

(8) Applied Economic Statistics: Time Series vs. cross sectional data, Multiplicative and additive models, Auto-correlation, Partial autocorrelation, Smoothing techniques, Seasonal and cyclical adjustment. Price and Quantity Index numbers, Types of index numbers and their properties. Chain and Fixed base index numbers, Cost of Living Index numbers, Wholesale Price Index, Consumer Price Index, Index of Industrial Production, Gini’s coefficient, Lorenz curves, Application of Pareto and Lognormal as income distributions.

(9) Vital Statistics: Sources of vital statistics compilation, Errors in census and registration data, Measurement of population, rate and ratio of vital events, Stationary and Stable population, Life Tables, Measures of Fertility, Mortality and Reproduction, Crude rates of natural growth, Pearl’s Vital Index.

(10) Numerical Analysis: Principles of floating point computations and rounding errors, Linear Equations factorization methods, pivoting and scaling, residual error correction method, Iterative methods, Jacobi, Gauss-Seidel methods, Newton and Newton like methods, unconstrained optimization, Lagrange interpolation techniques, Cubic Splines, Error estimates, Polynomials and least squares approximation; Integration by interpolation, adaptive quadratures and Gauss methods.

(11) Basic Computer Applications: Functional organization of computers, algorithms, basic programming concepts, Program testing and debugging, Subprograms and Subroutines, Sorting/searching methods, Database Management Systems, Software Engineering, Basic of Networking, Internet Technologies, Web and HTML, Distributed systems, Programming using C, MINITAB and FORTRAN.

Suggested reference material:

    Atkinson, K.E. (1989): An Introduction to Numerical Analysis, Wiley.

    Bhat, B.R. (2007): Modern Probability Theory, New Age International.

    Cochran, William G. (1977): Sampling Techniques. John Wiley and Sons, New York

    Das, M.N. and N. C. Giri (1986): Design and Analysis of Experiments. Wiley Eastern Ltd.

    Draper, N.R. and H. Smith (1998): Applied Regression Analysis, John Wiley & Sons.

    Goon, A.M., M. K. Gupta and B. Dasgupta (2001): Fundamentals of Statistics. (2 Vols.), World Press, Kolkata.

    Gibbons, J.D. & S. Chakrabarti (2007): Non parametric Statistical Inference, Chapman and Hall.

    Gupta, S.C. and V. K. Kapoor (2007): Fundamentals of Mathematical Statistics, Sultan Chand and Sons.

    Gupta, S.C. and V. K. Kapoor (2008): Fundamentals of Applied Statistics, Sultan Chand and Sons.

    Hollander Myles and Douglas A. Wolfe (2006): Non Parametric Statistical method, Wiley.

    Kshirsagar, A.M. (1983): A Course in Linear Models Marcel Dekker, New York.

    Montgomery, D. C. (2008): Design and Analysis of Experiments, John Wiley and Sons.

    Montgomery, D.C., E. A. Peck and G. G. Vining(2006): Introduction to Linear Regression Analysis, John Wiley and Sons.

    Murthy, M.N. (1967): Sampling Theory and Methods. Statistical Publishing Society, Kolkata.

    Rajaraman, V. (2010): Fundamentals of Computers, Prentice-Hall India.

    Rohatgi, V. K. and A. K. Md. Ehsanes Saleh (2009): An Introduction to Probability and Statistics, John Wiley and Sons.

    Saxena, H.C. (2005): Finite Differences and Numerical Analysis, S. Chand and Co.

    Silberschatz, A., H. F. Korth and S. Sudarshan (1997): Database System Concepts, McGraw-Hill.

    Sinha, P.K. (2010): Computer Fundamentals, University Science Press.

    Sukhatme, P.V., B. V. Sukhatme, S. Sukhatme and C. Asok (1984): Sampling Theory of Surveys with Applications, Iowa State University Press, Iowa, USA.

    Swaroop, K., P. K. Gupta and M. M. Singh (1985): Operations Research, Sultan Chand and Sons.

    Taha, H.A. (1982). Operations Research: An Introduction, Macmillan Publishing Company.


Paper Pattern

RBI Exam 2019 Pattern:-


RBI Grade B Officers (DR) Pattern:-

(i) Examination will consist of two phases, viz. - Phase-I & Phase-II followed by interview.

(ii) Phase-I examination will be objective type with Multiple Choice Questions (MCQs). The Phase-I examination will continue as per the existing Phase-I examination for Grade-‘B’ (DR). There are four modules in Phase-I, viz.- General Awareness, English Language, Quantitative Aptitude and Reasoning.

(iii) Phase-II examinations will consist of three papers in MCQ pattern (except Paper-I) – viz. Paper-I on English (writing skills); Paper-II – Economic & Social Issues and Paper-III – (optional subjects) – Finance & Management/ Economics/ Statistics.

(iv) Candidates will be required to write all the papers online.

(v) Only successful candidates of Phase-I will appear for Phase-II examination on a later date.

(vi) Based on the results of Phase-II examinations candidates will be shortlisted for interview.

(vii) Final selection will be through merit lists which will be prepared by adding marks secured by candidates in Phase-II (Paper-I + Paper-II + Paper-III) and Interview.

B. Duration of Examinations and Distribution of Marks

(i) Phase-I : Objective Type - 2 hours - 200 marks

(ii) Phase-II: Three Papers - 300 marks

  1. Paper-I – online- English-( writing skills)- 1½ hours - 100 marks
  2. Paper-II – Economic and Social Issues – 1½ hours – 100 marks
  3. Paper-III - Optional Paper (Finance & Management/ Economics/ Statistics) – 1½ hours - 100 marks

(iii) Interview: 50 marks.


RBI Assistant Exam Pattern:-


The Online Examination will be for 200 marks.


Sr. No.

Name of Tests (Objective)

No of Questions

Maximum Marks

Total Time


Test of Reasoning



2 Hours


Test of English Language




Test of Numerical Ability




Test of General Awareness




Test of Computer Knowledge







i) The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi.

ii) A candidate has to qualify in each part of the Objective test separately. There will be negative marks for wrong answers in the Objective tests. 1/4th marks will be deducted for each wrong answer. Candidates will have to pass in each of the objective tests.

RBI Preparation

RBI Exam Books                 RBI Exam Preparation Tips

RBI Exam Sample Papers         RBI Exam Coaching Institutes

RBI Notification

RBI Exam 2019 Notification:-

RBI Assistant Recruitment 2019 -
Apply Online through the Bank’s website www.rbi.org.in from 23/12/2019 to 16/01/2020
Schedule of Online Preliminary Test (Tentative) - February 14 & 15, 2020. However, RBI reserves the right to change the dates of examination.
Schedule of Online Main Test (Tentative) - March 2020. However, RBI reserves the right to change the dates of examination.
Click here for more details.
RBI Recruitment of Officers in Grade B- DR (General), DEPR/DSIM 2019
Total Number of Vacancies - . 
Officers in Grade ‘B’(DR)- General - 156 posts
Officers in Grade ‘B’(DR)- DEPR - 20 posts
Officers in Grade ‘B’(DR)- DSIM - 23 posts
Apply ONLINE only through the Bank's website www.rbi.org.in from 21st September 2019 to 11th October 2019.
1. Officers in Gr B (DR) General
Phase-I – Online Examination - November 9, 2019 
Phase-II – Paper I, II & III Online Examination - December 1, 2019
2. Officers in Gr B (DR) – DEPR
Phase I - Paper - I  Online Examination - November 9, 2019
Phase II - Paper - II & III - Online/Written Examination - December 2, 2019 (To be confirmed in Admit cards)
3. Officers in Gr B (DR) - DSIM
Phase I - Paper - I - Online Examination - November 9, 2019
Phase II - Paper - II & III Online/Written Examination - December 2, 2019 (To be confirmed in Admit cards)
Click here for more details.




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Note : The Information provided here is taken from official websites and in some cases other websites. We are just aggregators of the information students are requested to check the official websites and respective admission authorities for more information their word will be final. We keep updating the information regularly but sometimes the information can be outdated or human error while typing is possible we are not responsible in such cases.