RBI Assistant 2018 Notification

The RBI (Reserve Bank of India) is India’s central banking institution for controlling the issue and supply of Indian Rupee. RBI was established on April 01, 1935 which has headquarters at Mumbai, Maharashtra. RBI plays an important role in the Development policy of the Indian Government and it is also known as the banker’s bank. It is a leading member of the Alliance for Financial Inclusion (AFI) and is also active in promoting the financial inclusion policy.

RBI conducts the recruitment exam for the post of Assistant each year. There are a total of 623 vacancies (approximately) in various offices of the RBI. The RBI notification for 2018 was released on the month of October 2018. The interested candidates have applied for the Assistant job and the candidates are waiting for the mains exam for.

Important dates for RBI Assistant 2018:

Events Important dates
Starting of the application process October 2018
End date to apply November 2018
Preliminary examination November 2018
Preliminary result December 2018
Mains exam December 2018

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Eligibility criteria:

Age limit:

The age relaxation for RBI Assistant will be applicable as per the Government rules.

Criteria Age limit
Minimum age Above 20 years
Maximum age Below 28 years

Educational Qualification:

Name of the post

Educational qualification

RBI Assistant The candidates should have a bachelor’s degree in any recognized University or College.  Or its equivalent

The candidates should have a Proficiency in the Local language as prescribed by the RBI Board

Desirable: the candidates should have working knowledge in Computer.

Application fee:

Categories Fee
General & OBC candidates Rs 450
SC/ ST/ PWD/ Ex-Servicemen candidates Rs 50

The selection process for the RBI Assistant Exam:

The selection process for RBI Assistant exam will have 3 stages. They are Preliminary examination and Mains examination.

  • Preliminary Examination:
Sections Number of questions Total marks
Reasoning ability 35 35
Numerical ability 35 35
English language 30 30
Total 100 100

The candidates who are eligible to write the prelims exam will be allowed to appear for the preliminary examination. This stage will have 3 sections. They are Reasoning ability (35 marks), Numerical ability (35 marks) and English Language (30 marks). Each question will carry one mark and this exam will be held for a period of 1 hour. The candidates should clear the prelims exam in order to qualify for the mains exam. The results for the prelims exam will be released within 15- 20 days of the commencement of the exam.

  • Mains Examination:
Sections Number of questions Time duration Total marks
Reasoning ability 40 30 minutes 40
Numerical ability 40 30 minutes 40
English language 40 30 minutes 40
General awareness 40 25 minutes 40
Computer knowledge 40 20 minutes 40
Total 200   200

The mains examination will have 5 sections in it. They are Reasoning Ability, Numerical Ability, English Language, General Awareness and Computer Knowledge. There is also a separate time duration for each section. It will be conducted for a total of 200 marks. Each section will have 40 questions in it. In order to get selected for the next stage, the candidates must clear the cutoff marks fixed by the exam board. The cutoff marks will be fixed by the authority themselves.

  • Language Proficiency Test:

The candidates qualifying in both the stages of the RBI selection process will be called for the language proficiency test. This test will be of qualifying nature. If a candidate fails in the language proficiency test, he/ she will not be recruited for the job irrespective of the prelims and mains scores. So it is mandatory for the candidates to qualify in all the three stages of the selection process.

Result:

There will be no interview process for RBI Assistant post. The results for the main exam will be declared within 2- 3 months of the commencement of the exam process. The candidates can view the result in the official website of the RBI after it has been declared.