RBI Grade B Officers Recruitment 2014: RBI Grade B Officers 2014

RBI Grade B Officers Recruitment 2014. RBI Grade B Officers 2014 Recruitment.

Reserve Bank of India (RBI)RBI-Reserve Bank of India is inviting online application from eligible candidates for the recruitment of 117 Grade ‘B’ Officers (General) – Direct Recruitment (DR) in RBI. The Reserve Bank of India has released the notification of RBI Grade ‘B’ Officers (General) – Direct Recruitment (DR) for 2014 on its website.

Vacancy Details:

  • Total Vacancy: 117
  • Category-wise Vacancy:
    1. SC – 13
    2. ST – 08
    3. OBC – 38
    4. General – 58

Important Dates:

  • Date of Commencement of On-Line registration of Application:03/06/2014
  • Date of Closure:23/06/2014
  • Date of Closure for Edit:23/06/2014
  • Last Date for Reprint of Application:03/07/2014
  •  Online Fee Payment:03/06/2014 to 23/06/2014 (both dates inclusive)
  • Offline Fee payment (through CBS challan):05/06/2014 to 26/06/2014 (both dates inclusive)

ELIGIBILITY CRITERIA:

(a) Age (as on 01/06/2014): Between 21 and 30 years (candidates must have been born not earlier than 02/06/1984 and not later than 01/06/1993). For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 31 and 33 years respectively. For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed 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. Refer item 5 below for relaxation in upper age limit for specified categories.

(b) Educational Qualifications (as on 01/06/2014): i) A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade, in aggregate of all semesters / years ; OR ii) A Second Class Master’s Degree with minimum of 55% marks or an equivalent grade, in aggregate of all semesters / years; OR iii) A Doctorate Degree; with minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Master’s Degree; OR iv) Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor’s Degree; OR v) A Post Graduate Diploma in Management / MBA qualification from institutions recognized by Government of India / University Grants Commission, with Graduation / Bachelor’s Degree.

NOTE: (1) SC/ST/PWD candidates having second class with a minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Bachelor’s Degree examination: OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply.

(2) Some Universities/Institutes do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute defines criteria for conversion of Aggregate Grade Point into Class and/or percentage of marks, the same will be accepted. However, where the University/ Institute does not define criteria for conversion of Aggregate Grade Point into Class and/or percentage of marks, or not stating class in the degree certificates, the undefined parameter(s) would be worked out as under:

Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10 point scale

Class / Division

Aggregate Percentage of Marks

6.75

I (First)

60%

6.25

II (Second)

55%

5.75

II (Second)

50%

(3) Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.

(4) Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per item (2) above.

Pay Scale: Selected Candidates will draw a starting basic pay of `21,000/- p.m. in the scale of `21000-1000-30000-EB-1000-32000-1100-36400 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 approximately `47,855/-. (Under Revision)

Selection Process :

Scheme of Selection: Selection will be through Examinations and Interview. Examinations will be held in two phases [Phase-I ON-LINE Examination (Objective Type) and Phase-II Written Examination (Descriptive type)] as under:

(I) Phase-I ON-LINE Examination (Objective Type): This Paper for 200 marks will be held on August 2/3/9/10, 2014. Depending on the number of candidates, the examination may be held on some other days also. A candidate, however, has to appear for examination on only one day. The date & venue on which a candidate has to appear for examination will be specified in the Admission Letter (AL) to be downloaded by the candidate. The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method. The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude and iv) Reasoning, with composite time of 130 minutes. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the Admission letter for examination from the RBI website.

Candidates have to secure minimum marks separately for each test as well as aggregate, as prescribed by the Board. Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the Examination based on the aggregate marks obtained in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Phase-II of the Examination will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates shortlisted in Phase-I of the On Line Examination (‘OE’) will be published on RBI website and a brief notice thereof in leading newspapers in August/ September 2014.

(II) Phase-II Written Examination (Descriptive Type): The Phase-II Written Examination (WE) will be conducted in September/ October 2014 (tentative) only for those candidates who are shortlisted for the same. 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 – (i) Paper I – English (ii) Paper II – Economic and Social Issues and (iii) 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 will be ONLINE (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 in English at the candidate’s option.

Syllabus (Phase-II):

(i) Paper I – English: Essay, Précis writing, Comprehension and Business/Office Correspondence.

(ii) Paper II – Economic and Social Issues: Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatisation – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanisation and Migration – Gender Issues – Social Justice : Positive Discrimination in favour of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

(iii) Paper III – Finance and Management:

Finance :The Union Budget – Direct and Indirect taxes; Non-tax sources of revenue; Outlays; New Measures; Financial Sector Reforms; Capital Market, Money Market and Foreign Exchange Market; Stock Exchanges and their Regulation; Capital Market Intermediaries and their Regulation; Role of SEBI; Functions of the Money Market; Growth and Operation of the Money Market; The Foreign Exchange Market; From FERA to FEMA; Exchange Rate Management; Exchange Risk Management; Role of Banks and Financial Institutions in Economic Development; Regulation of Banks and Financial Institutions; Disinvestment in Public Sector Units.

Management: Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counseling – Career Planning – Training and Development – Rewards – Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

The Reserve Bank of India (RBI) will shortlist it’s candidates for Grade-B Officers based on two exams – One Objective and One Descriptive – and Interview. The final selection will be done based on total marks secured by candidates during this recruitment process.

IMPORTANT LINK:

To Read the Complete Advertisement – RBI Grade B 2014 Recruitment Notification Click Here.

To Apply for RBI Grade B Officers Recruitment 2014 Click Here.

 

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