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

Comments

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 ...

Lending against Gold and Silver collateral

Reserve Bank of India (RBI) has issued directions on lending against the collateral of gold and silver. To whom are the directions applicable? The directions are applicable to the following regulated entities (REs) – Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks, but excluding Payments Banks). Primary (Urban) Co-operative Banks (UCBs) & Rural Co-operative Banks (RCBs), i.e., State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs). Non-Banking Financial Companies (NBFCs), including Housing Finance Companies (HFCs). Which loans are covered under the directions? The directions shall apply to all loans offered by an RE for the purpose of consumption or income generation (including farm credit) where eligible gold or silver collateral is accepted as a collateral security. What is eligible collateral? Eligible collateral means the collateral of jewellery, ornaments or coins made of gold or silver. A lender shall not grant any ad...

Prior approvals from or intimations / reporting to RBI by NBFC-BL

Non-Banking Financial Companies (NBFCs) are required to obtain prior approvals from Reserve Bank of India (RBI) or intimate / report to RBI various events. This article lists out some of such important events where prior approvals or intimations / reporting is required for Base Layer NBFCs (NBFC-BL). Events requiring prior approval from RBI  Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 dated October 19, 2023 Para 30 – NBFCs shall prepare its balance sheet and profit and loss account as on March 31 every year. Whenever an NBFC intends to extend the date of its balance sheet as per provisions of the Companies Act, 2013, it shall take prior approval of RBI before approaching the Registrar of Companies for this purpose. Even in cases where RBI and the Registrar of Companies grant extension of time, the NBFC shall furnish to RBI a proforma balance sheet (unaudited) as on March 31 of the year and the statutory returns ...

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

The bi-monthly monetary policy of Reserve Bank of India (RBI) was announced on June 06, 2025. Here are some of the highlights of the monetary policy announcement. Rates   Change Rate Policy repo rate Reduced by 0.50% 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 was changed from ‘accommodative’ to ‘neutral’. Domestic Economy  The Indian economy presents a picture of strength, stability, and opportunity. The 5x3x3 matrix of fundamentals provides the necessary core strength to cushion the Indian economy against global spillovers and propel it to grow at a faster pace.  First, strength comes from the strong balance sheets of the 5 major sectors - corporates, banks, households, government, and the external sector.  Second, there is stability on all 3 fronts – price, financial, and political – providing policy and economic certainty.  Third, the Indian ec...

What is KYC?

Be it opening a new bank account, applying for a new credit card, registering for new e-wallet, or any other account or facility involving financial matters, the application process is incomplete until KYC is done.  What is KYC? KYC or Know Your Customer is a process of customer identification and verification while opening an account or undertaking a financial transaction. Why is KYC process needed? To prevent money laundering To combat financing of terrorism What is verified under KYC? The banks / financial institutions collect the relevant documents from the customers to verify the following – Proof of identity Proof of address Which documents can be collected for KYC? As per RBI’s Master Direction - Know Your Customer (KYC) Direction, 2016 (Updated as on May 10, 2021), “Officially Valid Document” (OVD) means – Passport Driving licence Proof of possession of Aadhaar number Voter's Identity Card issued by the Election Commission of India Job card issued by NREGA duly signed by an...