RBI Assistant Exam: Eligibility, Age Limit, Qualification 2023

The RBI Assistant exam is conducted for eligible candidates with a bachelor’s degree in any discipline from a recognized university or equivalent qualification. Candidates must also have secured a minimum of 50% marks in their aggregate. They should also be between the ages of 21 and 28 years.

The RBI Assistant exam is a national level exam conducted by the Reserve Bank of India (RBI) to recruit eligible candidates for the post of assistant in various offices of the bank. To be eligible for this examination, candidates must have a bachelor’s degree in any discipline from a recognized university or institute. Candidates who are in their final year/semester of their degree course are also eligible to apply for this examination. The age limit for appearing in this examination is 21-28 years as on December 01, 2022.

Candidates from reserved categories, such as SC/ST/OBC/PWD, are granted age relaxation in accordance with government regulations.

RBI Assistant 2023- Overview
Conducting Body Reserve Bank of India (RBI)
Post RBI Assistant
No of Vacancy to be notified
Category Bank Jobs
Exam Level National level Exam
Selection Process Prelims, Mains, and Language Proficiency Test
Official Site www.rbi.org.in

 

How Can I Get RBI Assistant?

The Reserve Bank of India (RBI) is the central banking institution of India and controls monetary policy in the country. It also regulates banks and provides financial services to the government. The RBI is looking for eligible candidates who can be appointed as assistant in various departments.

The selection process for RBI assistant includes a written examination followed by an interview. Candidates who qualify the written examination will be called for the interview. To be eligible for RBI assistant, candidates must have a bachelor’s degree with at least 50% marks in aggregate from a recognized university/institution.

Candidates must also have knowledge of computer operations and should be proficient in English and Hindi language. The age limit for RBI assistant is between 21-28 years as on 1st January 2019.

The written examination will consist of objective-type questions from topics like Reasoning, English Language, Numerical Ability, General Awareness and Computer Knowledge. Candidates will have to secure minimum Cut-off marks in each section as well as overall to qualify for the interview round. The total weightage given to written examination and interview is 80:20 respectively.

Candidates who are shortlisted after written examination will be called for an Interview which will carry 30 marks.

How Many Times RBI Assistant Exam is Conducted in a Year?

The Reserve Bank of India (RBI) Assistant exam is conducted every year to recruit eligible candidates for the post of Assistants in various RBI offices across the country. The number of vacancies notified for this post varies from year to year. The selection process for this post consists of an online examination (preliminary and main) and a language proficiency test.

Candidates who are shortlisted on the basis of their performance in the online examination are called for the language proficiency test. Candidates who have been successful in the preliminary examination are required to appear for the main examination. The main examination will be held on December 20, 2020.

Candidates who qualify in both the preliminary and main examinations will be subsequently called for a language proficiency test (LPT).

Which is Better between SBI PO and RBI Assistant?

The State Bank of India (SBI) PO and the Reserve Bank of India (RBI) Assistant are two very popular banking exams in India. Both these exams offer a good career opportunity in the banking sector. So, which one should you choose?

Let us compare the two exams on various parameters to help you make an informed decision.

Eligibility: The eligibility criteria for SBI PO is that the candidate must be between 21-30 years of age and must have a graduation degree in any discipline from a recognised university. For RBI Assistant, the candidate must be between 20-28 years of age and must have a graduation degree with minimum 50% marks in any discipline from a recognised university.

Selection process: The selection process for SBI PO includes three stages – preliminary exam, main exam and interview. The preliminary exam is qualifying in nature and candidates who clear it are eligible to appear for the main exam. The main exam consists of objective as well as descriptive-type questions.

Candidates who clear the main exam are called for an interview. The selection process for RBI Assistant also consists of three stages – preliminary exam, main exam and interview/language proficiency test (if applicable). Similar to SBI PO, the preliminary exam is qualifying in nature and only those candidates who clear it can appear for the main exam.

However, there is no descriptive type paper in RBI Assistant main examination. Candidates who clear this round are further shortlisted for an interview or language proficiency test depending on their post preference during registration process i.e., if they have applied under Hindi Speaking States category then they will face language proficiency test while others will directly go through an interview round conducted by either RBI officials or representatives from banks participating under this recruitment drive via video conferencing mode only due to ongoing pandemic situation across nation.

Pattern: As far as pattern is concerned, both SBI PO and RBI Assistant prelims comprise 100 objective type questions each carrying 1 mark with a time duration of 60 minutes (1 hour). There is negative marking of 0.25 marks for every wrong answer attempted by candidates in both these exams Prelims paper I sections include English Language & Quantitative Aptitude while Paper II comprises Reasoning Ability subject questions .

What is the Difference between RBI Assistant and RBI Grade B?

The Reserve Bank of India (RBI) is the central bank of India and it controls the monetary policy of the Indian currency. The RBI is also responsible for issuing currency, maintaining reserves, managing public debt, regulating banks and providing banking services to the government. The RBI has two main departments-the Department of Banking Regulation (DBR) and the Department of Economic Policy and Research (DEPR).

The RBI Assistant is a clerical level position in Junior Management Grade Scale I while RBI Grade B is in Middle Management Grade Scale II. Both these positions are filled through an open competitive examination which is conducted by the Reserve Bank every year. The selection process for both these positions include a written examination followed by an interview. read: Patwari Vacancy: What is the Qualification of Patwari in MP?

However, the syllabus for assistant level exam is different from that of grade b officers exam. Also, those who wish to apply for grade b officer posts must have at least 2 years experience as a reserve bank employee or working knowledge in commercial banks/financial institutions/public sector undertaking/Government organization etc., whereas there is no such requirement for assistant level posts. The written examination for both these post consists of objective type questions from various sections like reasoning ability, quantitative aptitude, English language, general awareness and computer knowledge etc.

Candidates must score minimum qualifying marks separately in each section as well as overall to be shortlisted for interview round. There are three papers in grade b officers exam- paper 1 & 2 are common for all candidates while paper 3 is optional and candidates can choose any one out of eight subjects offered according to their educational qualification and work experience etc., Depending on their choice they will be allotted 45 minutes to attempt 50 questions each in paper 1 & 2 while 90 minutes to attempt 100 questions in Paper 3.

RBI Assistant 2023 Notification – Important Dates

The RBI Assistant notification for the year 2023 is not out yet! The Reserve Bank of India (RBI) is one of the most prestigious organizations to work for in the country and the Assistant role is a highly coveted position. This year, there are a total of 926 vacancies that have been notified by the RBI across various offices.

RBI Assistant 2023 – Important Dates
Events Dates
RBI Assistant Notification 2023 January 2023 (Expected)
RBI Assistant Apply Online Starts To be notified
RBI Assistant Apply online Last Date To be notified
RBI Assistant Prelims Admit Card To be notified
RBI Assistant Prelims Exam Date To be notified
RBI Assistant Prelims Result To be notified
RBI Assistant Mains Admit Card To be notified
RBI Assistant Mains Exam Date To be notified
RBI Assistant Mains Result To be notified
RBI Assistant Final Result To be notified

The selection process for the RBI Assistant consists of three rounds – Preliminary examination, Main examination, and Language Proficiency Test. Candidates who pass the preliminary examination will be eligible to appear in the main rbi assistant examination. Those who qualify in both rounds will then be called for the Language Proficiency Test.

The Preliminary examination will be held online and consist of objective questions from five sections – General English, Quantitative Aptitude, Reasoning Ability, Computer Knowledge, and General Awareness. Candidates will have to secure a minimum cut-off score in each section as well as an overall aggregate cut-off score in order to qualify for the Main examination. The Main examination will also be held online and will have two parts – Objective type questions and Descriptive type questions.

The Objective section will again have five sections – General English, Quantitative Aptitude, Reasoning Ability & Computer Aptitude, General Awareness (Special reference to Banking Industry), and Financial Markets: Instruments & Terminology. For each correct answer in this section, candidates will be awarded one mark while no negative marking is applicable. In contrast, the descriptive section will test candidates’ writing skills on topics such as Letter Writing & Essay Writing.

Candidates will have to secure a minimum qualifying marks in this section separately as decided by the RBI in order tobe shortlisted for the Language Proficiency Test round. Finally, those who qualify in all three rounds with flying colours will be tenured with a job offer at any oneoftheRBI’s Offices across India!

Conclusion

The Reserve Bank of India (RBI) Assistant exam is a national level examination conducted to recruit eligible candidates for the post of Assistants in the RBI. The selection process for this exam consists of two phases – a preliminary examination followed by a main examination. Candidates who clear the preliminary examination with flying colours are shortlisted for the main examination.

The main examination is further divided into two parts – Objective and Descriptive. To qualify for the RBI Assistant exam, candidates must score minimum marks prescribed by the RBI in each section as well as in the overall aggregate.

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