What is RBI Grade A and B?

RBI Grade B exam is a national level competitive exam conducted by Reserve Bank of India for recruitment of Officers in Grade ‘B’ DR- General, DEPR, and DSIM in Common Seniority Group (CSG). RBI Grade B 2020 recruitment is conducted in three phases – Preliminary, Main Exam, and Interview Round.

Which is better Grade A or B in RBI?

Whether it is RBI Grade B or NABARD Grade A both the examinations are considered one of the toughest and most competitive examinations in India. According to most aspirants, the RBI Grade B exam is tougher than the NABARD Grade A exam. The RBI Grade B syllabus and NABARD Grade A Syllabus are almost 60 % the same.

Which degree is best for RBI Grade B?

RBI Grade B Educational Qualification Requirements. At least 60% marks in aggregate for all semester/ years (50% for SC/ ST/ PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations from recognized University and Boards respectively.

What is the highest grade in RBI?

The new pay scale of RBI Grade-B Officers is 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. This means, your initial basic pay will be Rs. 35,150 and you will receive an increment of Rs. 1750 for up to 9 years of your service.

Which government job is best?

Top 10 Highest Paying Government Jobs in India

• Indian Administrative Services [IAS]
• Indian Foreign Services [IFS]
• Indian Police Services [IPS]
• Indian Engineering Services [IES]
• Public Sector Companies [PSUs]
• Indian Forest Services.
• RBI Grade B.
• SEBI Grade A.

Is nabard exam easy?

As far as the toughness of questions is concerned, all Banking examinations have almost the same difficulty level, at least in the Prelims round. But if you talk about the Mains, NABARD might seem harder to you, as it entertains a variety of topics compared to SBI PO, or Bank PO in general.

Is Master degree necessary for RBI grade B?

RBI Grade B Eligibility Criteria: Educational Qualification Candidates must have a valid Master’s Degree in any one of the following: Econometrics, Economics, Quantitative Economics, Integrated Economics Course, Mathematical Economics, Finance, or equivalent from a recognized Indian/Foreign University or Institute.

How many hours should I study for RBI grade B?

How much time do you need for RBI Grade B Preparation? Ideally, you need at least 8-10 months for RBI Grade B Preparation. It will also depend on how much time you can devote to the preparation. Analyze your strengths and weaknesses in the syllabus, make your study plan and stick to it.

What is the salary of a Grade B officer in RBI?

The basic pay of a Grade B Officer in the Reserve Bank of India is Rs. 35,150. This is only the initial basic pay; the salary increases as an employee gains experience in the Organisation. Q 3. What is the CTC of RBI Grade B Officer?

What are the perks enjoyed by RBI Governor?

The RBI Governor is a Class 1 Group officer and the salary he receives comprise the following benefits: – 1. Basic pay : ₹90,000/- annual increment ₹1,600/- 2. Grade Allowance: ₹10,000/- 3. Monthly Reimbursements: a. Educational: ₹2,000/- b. Household: ₹4,000/- 4. Conveyance Allowances: (Monthly) a.

How much education allowance does RBI give to its employees?

Selected RBI Officers get Education Allowance for their children. ii. The annual reimbursement amount accounts for approximately Rs.4000 per month. i. LFC/LTC is offered to the employee and his/her family once every two years. ii. RBI provides Rs.10,7000 (approx.) per head for this purpose.

What is the salary of Reserve Bank of India?

There is a huge increase in the salary of Reserve Bank Governor Urjit Patel along with the Deputy Governors. The government has increased their basic salaries by more than twice. Urjit Patel’s basic salary has been increased to Rs. 2.5 lakh and Deputy Governor’s salary has been increased to Rs. 2.25 lakh.