Recruitment in RBI is basically determined by its' own vision about the role of the apex institution in the economy in next 10/15 years, foreseeable pace of computerization and mechanization of its activities, number of retiring staff each year, program of outsourcing of non-core activities and host of other factors.
There are altogether 11 steps of employee from Support Staff (workmen employee including clerical and sub-staffs) at the bottom to the Governor at the top. One full time Governor and not more than four Deputy Governors are appointed/nominated by Government of India in keeping with the RBI Act, 1934. The top people are highly reputed experts in different related fields and usually with background of World Bank, IMF, Finance Ministry Experience or renowned academician.
By promotion, Grade B direct recruits (Managers) can go up to Executive Director Post, just below Deputy Governors.
RBI has 19 regional offices, 9 sub-offices and five Training Establishments for which recruitments are conducted by RBI in association with other agencies as and when required by the Bank. There is no definite periodic recruitment policy for each kind of staff in the institution. However, as a whole, full –time employees of the Bank is reducing over the last two decades.
At the bottom level as per understanding with the All India Employees Association 1500 full-time Assistants (Clerical Staff) have been recruited in 2012 and 2013. Another 1000 are likely to be recruited as per the same understanding in the next two years. Small number of Class IV (Sub-Staff) full- time recruitment is also going on. Grade-B recruitment also takes place almost every year. The above recruitments are in the Common Category.
Another channel of Special Category recruitment has been observed in recent years. Some contractual Executive Trainees (officer cadre) for five years at a time have been recruited a few years back. However, their extension is subject to satisfaction of the Bank. Special Category recruitment also includes full-time Law Officers, Security Officers, Statisticians, Engineers etc. But their number is very small.
Besides full-time, part-time Doctors, Pharmacists etc. are also recruited occasionally. Out-sourced workers under contractors are being used permanently at present in fresh currency note, chest note, coin vaults operations and cleaning and beautification jobs.
Grade-B (General) Recruitment
There are three phases of examination for Grade- B recruitment.
Phase I examination is ON LINE for short listing the candidates for Phase II written examination.
In the on line test there are four subjects viz. General Awareness, English Language, Quantitative Aptitude and Test of Reasoning with varying cut-off marks for General, OBC and SC/ST candidates.
Phase II written examination consists of three papers viz. English, Economic & Social Issues and Finance & Management. Time allowed for each paper is 3 hours.
Last phase of the exam, Interview, carries 100 marks – heavily weighted in the exam.
Age Bar for Grade B General candidates is 27 years. For OBC it is 30 years.
Minimum academic qualification for Grade- B is 60% in graduation.
In 2013, 98 Grade- B recruitment process is going on. Total initial emoluments for Grade-B is not less than 48,000/- at present.
1. Age limit - 28 years.
2. Minimum marks - 50% in graduation.
3. Quota rules - As per central government rules.
4. Candidate must know to Read, Write, Speak and understand language of the state from where he/she is applying.
1. Online application only.
2. Online test to be conducted by IBPS(Institute of Banking Personnel Selection)
3. Rs. 400/- are to be paid by General and OBC candidates. SC/ST/PWD/EXS/Staff are exempted.
- Written test time allowed: 2 hours
- Objective type questions: 200
- Forty questions each in Mathematics, Computer related, English, General Awareness and Test of Reasoning.
- Negative marking for wrong answer.
- Successful candidates answerd 180 questions on an average.
- Nearly 18000 candidates appeared in the written test for 145 posts in Kolkata center.
- Nearly 3 times the number of posts will be offered interview call according to written test marks.
- Duration of Interview - 20/25 minutes.
- Usually 3 persons, 2 from central office, Mumbai and 1 from local office, are interviewers.
- Questions generally on banking industry in general and Reserve Bank of India in particular and Indian economy related.
Medical TestsCandidates declared successful in the interview are sent for medical tests by an outside medical establishment, which was Appollo Clinic in West Bengal in 2012. Test report will be scrutinized by RBI's medical officer before issuing appointment letter.
Total EmolumentsRs. 21,419/- per month at present. However cost per employee from the view point of RBI is not less than Rs. 2,90,000/- per annum.
2013 Objective Test Structure
5 sections, each with 40 questions and 40 marks -
Candidate must pass each section individually.
- Test of Reasoning - RBI Model Questions for Reasoning
- Test of English Language - RBI Model Questions for English Language
- Test of Numerical Ability - RBI Model Questions for Numerical Ability
- Test of General Awareness - RBI Model Questions for General Awareness
- Test of Computer Knowledge - RBI Model Questions for Computer Knowledge
Vacancies in 4 Metros in 2013
Rest 275 posts are shared by all other RBI centers like Bangaluru, Patna, Bhubaneswar, Guahati, Ahmedabad, Lucknow etc.
- Kolkata - 50 - against 145 in 2012
- Mumbai - 131 - against 200 in 2012
- Delhi - 28 - against 65 in 2012
- Chennai - 35 - against 100 in 2012
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