Bank PO Exams - Grade B Officer Recruitment in RBI ,Reserve Bank of India

Reserve Bank of India- RBI Invited Applications for Grade B Officer Recruitment .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,(candidates must  have been born not earlier than 02/07/1979 and not later than 01/07/1988).

Pay Scale :

 Rs.13700-24400 At present, initial monthly Gross emoluments to direct recruit Grade B Officers are approximately Rs.22755/-. 

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 from un-banked areas may pay fee by crossed Indian Postal Orders in favour of Reserve Bank of India payable at GPO, Mumbai. 

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.

How to Apply :

Rs.100/- (Rupees one hundred only) for each application.  No fee is payable by SC/ST/PH candidates.  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).  Fees sent separately not  accompanied with proper application or payment in any other manner will not be accepted.  Fees once paid will not be refunded under any circumstances. 

 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. 

Scheme of Selection

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

Results

Roll No. of the successful candidates are likely to be published aroundNovember 2009 in Employment News/ Rozgar Samachar and on the RBI website and a brief notice thereof in leading newspapers.

i) Phase  I Objective Type Test):  

This Paper of 3 hours duration for 200 marks will be held on Sunday, the October 11, 2009The 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.  

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.

SUBMISSION OF THE APPLICATION :

i) Candidates applying for the post may send their applications to the General Manager, RBI Services Board, Post Bag No.14501, Mumbai Central Post Office, Mumbai-400008 by ordinary post.  The cover should be superscribed for the post applied for e.g.  "App. for the post of Officers in Gr.'B'(DR)". 

ii) App. in closed covers may also be deposited in the box specially kept for the purpose at the Board's Office at Reserve Bank of India, Opp. Mumbai Central Railway Station, Mumbai Central, Mumbai-400008.

CLOSING DATE:

i) App. should reach the Board's Office on or before  6.00 P.M. on August 24,  2009.

CHECK-LIST FOR SUBMISSION OF THE APPLICATION FORM:

i) The App. strictly in conformity with the Format must be typed or neatly hand-written in Hindi or English on a good quality white foolscap paper and duly affixed with a signed latest passport size photograph.   Candidates should ensure that all the entries have been correctly filled in. App. without signature,  not in the prescribed Format/incomplete/without photograph shall be rejected.

ii) Name and Address should be written in capital letters in English only, since processing is computerized.

iii) 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).

iv) On the top of the cover containing the App., the post applied for should be superscribed.

Syllabus of RBI

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.

Syllabus for Paper I – English: Essay, Précis writing, Comprehension, Business/Office Correspondence.

iv) Syllabus for 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.

Syllabus for Paper III – Finance and Management:

(i) 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.

(ii) 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.

EXAMINATION CENTRES

• Kochi (23) and Thiruvananthapuram (31) 

Further details and application form available at http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2005