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Reserve Bank of India (RBI) is the central bank of India. It is the institution which controls the monetary policy of India. RBI has a very important role in the development strategies of India. To make all of this possible, it needs capable professionals who can handle the complexities and responsibilities of the job that comes with being the Central Banker of the country. So almost every year, RBI recruits professionals for the position of Assistant at various offices of the RBI.

Emoluments:

Selected candidates will draw a starting basic pay of ₹ 14,650/- per month (i.e. ₹ 13,150/- plus two advance increments admissible to Graduates) in the scale of ₹ 13150 – 750(3) – 15400 – 900(4) – 19000 – 1200(6) – 26200 – 1300(2) – 28800 –1480(3) – 33240 – 1750(1) – 34990 (20 years) and other allowances, viz. Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance etc., as admissible from time to time. At present, initial monthly Gross emoluments for Assistants approximately ₹ 36091/-. * House Rent Allowance will not be paid to the employee, if Bank’s accommodation is provided and license fee will be recovered from her/him @ 0.3% of pay at the starting stage of the pay scale of Class III.

Vacancies:

The total vacancies in RBI Assistant 2019 are 926.

Exam date and registration:

The registration happened between December 2019 – January 2020. The exams scheduled between February-April 2020. Visit the RBI website to register.

Essential scademic qualifications and experience:

The candidate should have atleast a Bachelor’s Degree in any discipline with a minimum of 50% marks (pass class for SC/ST/PWD candidates) in the aggregate and the knowledge of word processing on PC.

A candidate belonging to Ex-servicemen category (except dependents of ex-servicemen) should either be a graduate from a recognized University or should have passed the matriculation or its equivalent examination of the Armed Forces and rendered at least 15 years of defence service.

Candidates applying for post in a particular recruiting office should be proficient in the language (i.e. know to read, write, speak and understand the language) of the state/ any of the states falling under the recruiting office.

Age and number of attempts:

General candidates should not be below 20 years and should not be above 28 years. There are provisions for category based age relaxation according to existing government norms. There is no limit to the number of attempts for a candidate.

Any eligible candidate, who aspires to join RBI as an Assistant is required to register online for the recruitment process. The application fee for general candidates is Rs. 450 and for reserved category candidates is Rs. 50.

To know about the procedure in detail you can click on the link given below.

RBI Assistant 2019 Official Notification

RBI Assistant Exam is conducted in three phases – Prelims, Mains and Language Proficiency Test.

Phase-I: Preliminary examination:

Preliminary Examination consisting of Objective Test for 100 marks is conducted. The test contains 3 Sections with a composite timing of 1 hour. There is negative marking for the wrong answers attempted by the candidate (1/4th of the total marks alloted). No marks will be deducted if the question is left unanswered or blank.

Preliminary Exam pattern (2019)

Section No. of questions Maximum Mark Duration
English Language 30 30 20 mins
Numerical Ability 35 35 20 mins
Reasoning Ability 35 35 20 mins
Total 100 100 60 mins

Phase – II: Main Examination:

Main Examination consists of Objective Tests for 200 marks and the mode of exam is online. The questions in Objective Test are in English and Hindi both (except English Language). There is negative marking for wrong answers in the Objective Test (1/4th of total marks allotted for that question). No marks will be deducted if the question is left unanswered or blank.

Main Objective Exam pattern (2019)

Section No. of questions Maximum Mark Duration
Test of Reasoning 40 40 30 mins
Test of English Language 40 40 30 mins
Test of Numerical Ability 40 40 30 mins
Test of General Awareness 40 40 25 mins
Test of Computer Knowledge 40 40 20 mins
Total 200 200 135 mins

Language Proficiency Test

The candidates shortlisted from the main on-line examination will have to undergo a language proficiency test (LPT) which will be qualifying in nature. The language proficiency test will be conducted in the Official / Local Language of the State concerned. Candidate not proficient in the Official / Local Language shall be disqualified.

Final selection:

The marks obtained in Objective Examination (Phase-II) are considered for preparing the final merit list.

Candidates should realise that to perform in competitive exams such as RBI Assistant, they should be good at both concepts and application. Rather than going through concepts from various sources, one should concentrate on a single resource for conceptual clarity. Once concepts are clear, practicing regularly is key to performing well in competitive exams like these. We have provided playlists of important concept lectures below. Candidates can take help of these lectures from Meritshine to strengthen their fundamentals for this exam.

Our Free Resources (click on the links below for accessing the relevant content)

Lectures for Objective Paper (Prelims and Mains):-

Lectures for Interviews:-

Our Paid Programs

While we do not conduct a separate program for RBI Assistant, our other paid courses such as RBI Grade B , IBPS PO and SBI PO are designed on similar lines and we recommend them to the aspirants for all such exams. Look out and register for these programs for a more intensive preparation.

The cut-offs are released state-wise, category-wise. The cut-offs differ every year, according to the competition and the paper’s difficulty level. One year's cut-off is in no way predictive of subsequent years' cut-offs.

For any queries, write to us at info@meritshine.com