Hello and welcome to ExamPundit. Huge changes have been made for RBI Grade B 2015 Recruitment which will be coming very soon. Here are the changes. Thanks Nikhil for sharing with us.
A. Examination 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
- Paper-I – online- English-( writing skills)- 1½ hours - 100 marks
- Paper-II – Economic and Social Issues – 1½ hours – 100 marks
- Paper-III - Optional Paper (Finance & Management/ Economics/ Statistics) – 1½ hours - 100 marks
(iii) Interview: 50 marks
The interview will continue in its existing format.
C. 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.
D. 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).
E. Number of attempts:
The maximum permissible number of attempts (which were applicable for candidates belonging to Unreserved/General Category) has been increased from 4 to 6.
Source: RBI Website