Reserve Bank Of India (RBI): 79 Officers in Grade ‘B’ (DR)

Reserve Bank Of India Services Board, invites applications for the Recruitment of officers in Grade 'B' (DR)

Advt.No. 1A /2009-10

Official Website:

http://www.rbi.org.in

Post Name:

Officers in Grade 'B' (Direct Recruitment - DR)

Number of Posts:

79 (GEN: 39, SC: 11, ST: 06, OSC: 23)

Age Limit (as on July 01, 2009):

21 to 30 years

For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 31 and 33 years respectively. For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector, upper age limit is relaxed to the extent of number of years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.

Educational Qualifications (as on July 01, 2009):

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.

NOTE: SC/ST/VH/HI candidates having second class with a minimum of 50% marks or equivalent grade in Bachelor's Degree examination OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply.

Selection Procedure:

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

i) Phase I (Objective Type Test):

This Paper of 3 hours duration for 200 marks will be held on Sunday, the October 11, 2009. The 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. Roll No. of the successful candidates are likely to be published around November 2009 in Employment News/ Rozgar Samachar and on the RBI website and a brief notice thereof in leading newspapers.

ii) Phase II (Descriptive Type Test):

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. The Examination will consist of three Descriptive Type papers:

1) Paper I – English

Syllabus:

Essay, Précis writing, Comprehension, Business/Office Correspondence.

2) Paper II – Economic and Social Issues and

Syllabus:

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.

3) Paper III – Finance and Management.

Syllabus:

(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.

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.

Application Fee:

Rs.100/- (Rupees one hundred only) for each application. No fee is payable by SC/ST/PH candidates. Fee is payable by Demand Draft favouring Reserve Bank of India and payable at Mumbai only. However, candidates from un-banked areas may pay fee by crossed Indian Postal Orders in favour of Reserve Bank of India payable at GPO, Mumbai. 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.

Submission Of Application:

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.

Last Date:

August 24, 2009 (before 6.00 P.M.)

For remote areas: August 31, 2009

Download More Details and Application Form:

http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2005

Sample Question Papers:

Arithmetic Sample Paper

Previous Paper for Quantitative Aptitude

Mental Ability Sample Paper

Reasoning Sample Paper

Previous Paper for Reasoning

Current GK 2009 - 2010

Sample Paper for General Knowledge

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