Skip to main content

RBI Assistant Recruitment Notification – 2023

Reserve Bank of India (RBI) has a released notification on recruitment for the post of Assistant in RBI for the year 2023.

What are the vacancies for the post?

The number of vacancies for the post of Assistant in Reserve Bank of India (RBI) are 450.

What are the timelines for the application and exam?

Website Link Open September 13, 2023 – October 04, 2023
Payment of Examination Fees (Online) September 13, 2023 – October 04, 2023
Schedule of Online Preliminary Test (Tentative) October 21, 2023 & October 23, 2023
Schedule of Online Main Test (Tentative) December 02, 2023

What is the age criteria?

The age of the candidate shall be between 20 and 28 years as on September 01, 2023.

Upper age limit is relaxed for following candidates –

Category Relaxation in Age
Scheduled Caste / Scheduled Tribe (SC / ST) 5 years, i.e., up to 33 years
Other Backward Classes (OBC) 3 years, i.e., up to 31 years
Persons with Benchmark Disabilities (PwBD) 10 years (GEN / EWS), 13 years (OBC) & 15 years (SC / ST)
Ex-Servicemen Service rendered in Armed Forces + 3 years, subject to maximum of 50 years
Widows / divorced women / women judicially separated who are not re-married Upto 35 years (40 years for SC / ST)
Candidates having work experience in RBI Number of years of such experience, subject to maximum of 3 years

What are the required educational qualifications?

The educational qualifications of a candidate as on September 01, 2023 shall be –

  • At least a Bachelor’s Degree in any discipline with a minimum of 50% marks (pass class for SC / ST / PwBD 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 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.

What is the scheme of selection?

Selection will be through Preliminary examination, Main examination and Language Proficiency Test (LPT).

Preliminary Examination (Multiple Choice)

Name of Tests (Objective) No. of Questions Maximum Marks Total Time
English Language 30 30 20 minutes
Numerical Ability 35 35 20 minutes
Reasoning Ability 35 35 20 minutes
Total 100 100 60 minutes

Main Examination (Multiple Choice)

Name of Tests (Objective) No. of Questions Maximum Marks Duration
Test of Reasoning 40 40 30 minutes
Test of English Language 40 40 30 minutes
Test of Numerical Ability 40 40 30 minutes
Test of General Awareness 40 40 25 minutes
Test of Computer Knowledge 40 40 20 minutes
Total 200 200 135 minutes

  • The online tests except the Test of English Language will be available bilingually, i.e., in English and Hindi.
  • A candidate has to qualify in each part of the Objective test separately.
  • A candidate has to qualify in Preliminary Examination for appearing in Main Examination.
  • There will be negative marks for wrong answers in the Objective tests (Preliminary and Main). 1/4th marks will be deducted for each wrong answer.

Language Proficiency Test (LPT) 

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

What are the application fees?

SC / ST / PwBD / EXS Intimation charges only ₹50/- (+ 18% GST)
GEN / OBC / EWS Application fee including intimation charges ₹450/- (+ 18% GST)
RBI Staff Nil Nil

How to apply?

Candidates are required to apply online only at https://ibpsonline.ibps.in/rbiaaaug23/.

Before applying online, candidate should –

  • Scan their photograph and signature as per the specifications given in the Notification.
  • Keep the necessary details ready to make online payment of application fees / intimation charges.
  • Have a valid personal email ID, which should be kept active till the declaration of results. RBI may send call letters for the Examination etc. through the registered e-mail ID. 

 

References

Reserve Bank of India. (2023, September 13). 'Recruitment for the Post of Assistant - 2023'. Retrieved from https://opportunities.rbi.org.in/scripts/bs_viewcontent.aspx?Id=4315


Follow at - Telegram   Instagram   LinkedIn   Twitter   Facebook

Labels:

Comments

Post a Comment

Popular Posts

Highlights of RBI Annual Report 2023-24 – Chapter 7 to 12

Reserve Bank of India (RBI) has published its annual report for the financial year 2023-24. In a series of articles, we will go through the highlights of the report. This is the fifth and last article in the series.  Chapter 7 – Public Debt Management Ways And Means Advances (WMA) limit for the Government of India (GoI) for H1:2023-24 (April to September 2023) was fixed at ₹1,50,000 crore and for H2:2023-24 (October 2023 to March 2024) was fixed at ₹50,000 crore. RBI issued an ultra-long security of 50-year tenor aggregating ₹30,000 crore to cater to the growing needs of long-term institutional players. Issuance of Sovereign Green Bonds (SGrBs) for an aggregate amount of ₹20,000 crore included maiden issuance of 30-year (₹10,000 crore) SGrB in addition to 5-year (₹5,000 crore) and 10-year (₹5,000 crore) SGrBs. A new 3-year benchmark security was introduced as part of government market borrowing programme during H1:2023-24.  The basket of products offered through the ‘Retail ...
Post a Comment
Read more

RBI’s Monetary Policy (August 06, 2025): In A Nutshell

The bi-monthly monetary policy of Reserve Bank of India (RBI) was announced on August 06, 2025. Here are some of the highlights of the monetary policy announcement. Rates   Change Rate Policy repo rate Unchanged 5.50% Standing deposit facility (SDF) rate 5.25% Marginal standing facility (MSF) rate 5.75% Bank rate 5.75% Monetary policy stance Monetary policy stance unchanged as ‘neutral’. Domestic Economy  Real GDP growth for 2025-26 is projected at 6.5%. CPI headline inflation declined for the eighth consecutive month to a 77-month low (since January 2019) of 2.1% in June, driven primarily by a sharp decline in food inflation. Food inflation recorded its first negative print since February 2019 at (-) 0.2% in June. CPI inflation for 2025-26 is projected at 3.1%. India’s current account deficit (CAD) moderated to 0.6% of GDP in 2024-25 from 0.7% of GDP in 2023-24 due to robust services exports and strong remittances receipts despite higher merchandise trade deficit. As on Augus...
Post a Comment
Read more

What is Financial Inclusion (FI) Index?

Achieving complete financial inclusion is one of the important goals of the nations and central banks across the world. But how do we measure the extent to which the population of the country is financially included? Well, there is an index in India for this. What is Financial Inclusion (FI) Index? The composite Financial Inclusion (FI) Index was constructed by Reserve Bank of India (RBI) in August 2021, to capture the extent of financial inclusion across the country. FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with Government and respective sectoral regulators.   What are the parameters of FI-index? The FI-index comprises of three broad parameters (comprising of 97 indicators) with different weights assigned to each parameter. Ease of Access (35%) Availability and usage of services (45%) Quality of services (20%) The 'Quality' parameters captures the qua...
Post a Comment
Read more

Co-Lending Arrangements (CLAs)

Reserve Bank of India (RBI) has issued directions on co-lending arrangements which will replace the existing guidelines on co-lending by banks and Non-Banking Financial Companies (NBFCs) to priority sector. What is Co-Lending Arrangement (CLA)? Co-Lending Arrangement (CLA) refers to an arrangement, formalised through an ex-ante agreement, between a regulated entity (RE) which is originating the loans (‘originating RE’) and another RE which is co-lending (‘partner RE’), to jointly fund a portfolio of loans, comprising of either secured or unsecured loans, in a pre-agreed proportion, involving revenue and risk sharing. To whom shall the directions be applicable? The directions shall be applicable to CLAs entered into by the following REs – Commercial Banks (excluding Small Finance Banks, Local Area Banks and Regional Rural Banks) All-India Financial Institutions Non-Banking Financial Companies (including Housing Finance Companies) Which lending arrangements are exempt from the applicabil...
Post a Comment
Read more

Pre-payment Charges on Loans

Reserve Bank of India (RBI) has issued directions on pre-payment charges on loans. What issues were observed by RBI during supervisory reviews? Divergent practices were observed amongst Regulated Entities (REs) with regard to levy of pre-payment charges in case of loans sanctioned to Micro and Small Enterprises (MSEs) which lead to customer grievances and disputes.  Certain REs were found to include restrictive clauses in loan contracts / agreements to deter borrowers from switching over to another lender, either for availing lower rates of interest or better terms of service. To whom shall the directions be applicable? The directions shall apply to all commercial banks (excluding payments banks), co-operative banks, Non-Banking Financial Companies (NBFCs) and All India Financial Institutions (AIFIs). To which loans shall the direction be applicable? The directions shall be applicable to all floating rate loans and advances sanctioned or renewed on or after January 01, 2026. Which ...
Post a Comment
Read more