Reserve Bank of India-RBI jobs for Grade B Officer in Mumbai. Last Date to apply: 18 Apr 2022
Job Description
Reserve Bank of India (RBI) invites application for the position Grade B Officer
Direct Recruitment for the post of Officers in Grade ‘B’ (Direct Recruit-DR) (On Probation-OP) (General/DEPR/DSIM) Streams- Panel Year 2022
Post Name: Grade B Officer
No of Vacancies: 294
i. Officers in Grade ‘B’(DR)- General-PY: 238
ii. Officers in Grade ‘B’(DR)- DEPR -PY: 31
iii. Officers in Grade ‘B’(DR)- DSIM-PY: 24
Educational Qualification: Any Bachelor’s degree, M.A, MBA/ PGDM, Any Master’s Degree, PGDBA
I) Officers in Grade 'B' (DR) - (General):
Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Note:
a) Graduation Level: Any such course from a recognised University / Institute that is taken after Class XII and is at least of 3 years’ duration/ candidates possessing professional or technical qualifications which are recognised by the Government as equivalent to professional or technical graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
b) Post-Graduation Level: Any such course from a recognised University / Institute that is taken after Graduation and is at least of 2 years’ duration / recognised by the Government as equivalent to professional or technical Post-graduation will be eligible for admission to the examination, subject to obtaining minimum marks prescribed above.
II) Officers in Grade 'B' (DR) - DEPR:
Essential:
a. A Master's Degree in Economics (or any other master's degree where "Economics" is the principal constituent* of the curriculum/syllabus, namely MA / MSc in Quantitative Economics, Mathematical Economics, Financial Economics, Business Economics, Agricultural Economics, Industrial Economics) OR
b. A Master's Degree in Finance (or any other master's degree where "Finance" is the principal constituent* of the curriculum / syllabus, namely MA / MSc in Quantitative Finance, Mathematical Finance, Quantitative Techniques, International Finance, Business Finance, Banking and Trade Finance, International and Trade Finance, Project and Infrastructure Finance, Agri Business Finance) OR
c. PGDM / MBA with specialization# in Economics / Finance.
For a) to c) above, minimum 55 per cent marks or an equivalent grade in aggregate of all semesters / years from a recognized Indian or foreign University / Institute.
1. "Principal constituent" with respect to syllabus / curriculum means half or more of the total courses / electives / credits must be in Economics or Finance.
2. "Specialization" in Economics / Finance means a third or more of the total courses / electives / credits in the second year must be in Economics / Finance.
Note I: For SC, ST and PwBD candidates, the minimum marks required in Master's Degree as in items (a), (b) and (c) above is 50% marks or an equivalent grade in aggregate of all semesters / years.
a)Desirable: A Doctorate Degree in Economics, or research or teaching experience in economics, or publication in the field/area of Economics in standard journals.
Note II: (i) Candidates having M.PhiI Degree and Doctorate Degree from a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in the upper age limit by 2 years and 4 years respectively.
(ii) Candidates having Master's Degree with research / teaching experience at a recognized Indian / Foreign University / Institute in economics will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.
(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.
III) Officers in Grade 'B' (DR) - DSIM:
Essential:
a. A Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics/ Applied Statistics & Informatics with a minimum of 55% marks or equivalent grade in aggregate of all semesters / years; OR
b. Master's Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters / years and one year post graduate diploma in Statistics or related subjects from an Institute of repute; OR
c. M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks in aggregate of all semesters / years; OR
d. Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.
Note: For SC, ST and PwBD candidates, the minimum marks required in Master’s Degree as in items (a), (b), (c) and (d) above is 50% or an equivalent grade in aggregate of all semesters/ years.
Desirable:
(i) Candidates with a Doctorate in topics related to above subjects will be given preference.
(ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.
Note: (i) Candidates possessing M.Phil. and Ph.D qualification in the specified subjects will be eligible for relaxation in upper age limit by 2 years and 4 years respectively.
(ii) Candidates with research / teaching experience at a recognized Indian / Foreign University/Institute will be eligible for relaxation in upper age limit to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.
(iii) The above age relaxations will not be cumulatively available with age relaxations available to various categories as mentioned in Para 3 II (b) above.
Age Limit: 21 years - 30 years
Pay Scale: Selected Candidates will draw a starting basic pay of ₹ 55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly gross emoluments are 1,08,404/- (approximately) The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.
Application Fees:
- SC/ST/PwBD: Intimation Charges only: 100/-
- GEN/OBC/EWSs: Application fee including intimation charges: 850/-
- STAFF: Nil
Job Particulars
Role hr admin
Who can apply Freshers
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id1458681
Job Category Govt Jobs , MBA , Bank , Recruitment
Locality Address
State Maharashtra
Country India
About Company
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.
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