Applications are invited from Indian Citizens and certain other categories of persons for appointments to the following posts. The details of the posts are as follows :

Officers in Grade ‘B’ : 79 posts (UR-39,SC-11,ST-6, OBC-23) (PH-7)

Age :

21-30 years

Pay Scale :

Rs.13700-24400

Qualification :

(i) A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade OR (ii) A Second Class Master’s Degree with a minimum of 55% marks or an equivalent grade OR (iii) A Doctorate Degree with 50% marks in Master’s Degree or equivalent grade OR (iv) Chartered/ Cost Accountant/ Company Secretary (ACS) with a Bachelor’s Degree OR (v) A Post Graduate Diploma in Management from IIM only. (SC/ ST/ VH/ HI candidates having second class with a minimum of 50% marks or equivalent grade in Bachelor’s Degree examination OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply)

Application Fee :

Rs.100/- (No fee is payable by SC/ST/PH candidates) payable by Demand Draft favouring Reserve Bank of India and payable at Mumbai only. Candidates should write their name and address on the reverse of the Demand Draft and in the space provided for the purpose on the Postal Orders (if fee is payable) and enclose them to the application with a pin (should not be stapled). However, candidates from un-banked areas may pay fee by crossed Indian Postal Orders in favour of Reserve Bank of India payable at GPO, Mumbai.

How to Apply :

Applications in the prescribed format and completd in all respect to be sent to General Manager, Reserve Bank of India Services Board, Post Bag No. 14501, Mumbai Central Post Office, Mumbai-400008 by ordinary post on or before 24/08/2009. (Last date is 31/08/09 for candidates from far-flung areas.)

Scheme of Selection

Selection will be through Written Examinations (WE) and Interview.  ‘WE’ will be held in two phases as under:

i) Phase  I (Objective Type Test): This Paper of 3 hours duration for 200 marks will be held on Sunday, the October 11, 2009.  The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude and iv) Reasoning.  Candidates have to secure minimum marks separately for each test as prescribed by the Board.  Roll No. of the successful candidates are likely to be published around November 2009 in Employment News/ Rozgar Samachar and on the RBI website and a brief notice thereof in leading newspapers.

ii) Phase II (Descriptive Type Test): The  Phase II Examination will be conducted in early 2010 only for those candidates who are successful in Phase I (Objective Type Test).  The date and time-table will be intimated to the candidates concerned at the appropriate time.  The Examination will consist of three Descriptive Type papers –

1) Paper I – English  2) Paper II – Economic and Social Issues  and 3)  Paper III – Finance and Management.  Each of these papers is of 3 hours duration carrying 100 marks.

NOTE: Phase I (except the test of English) and Papers II and III of Phase II will be set bilingually in Hindi and English.  Phase I is Objective Type and only marking the correct choice is required.  However, Papers II and III of Phase II can be answered either wholly in Hindi or English at the candidate’s option

Number of attempts:

Candidates belonging to Unreserved Category, who had already appeared four times for ‘WE’ for this post in the past, are not eligible to apply.  No such restriction to candidates belonging to SC\ST\OBC\PH, if the posts are reserved for them.

For furter details and application form, please visit http://www.rbi.org.in