The parameters of RBI Grade B Officer 2022 were explained below clearly:

1.Nationality:
A candidate must be an Indian citizen
or a citizen of Nepal
or a subject of Bhutan
or a Tibetan refugee (who came to India before 1 January 1962)
or a person of Indian origin who migrated from Myanmar and Sri Lanka to permanently settle in India.

Age Limit:
The candidates as on 01/07/2022 should have been between 21 and 30 years (candidates must have been born not earlier than 02/07/1987 and not later than 01/07/1996).
For candidates possessing M.Phil. and Ph.D. qualification, upper age limit was 32 and 34 years respectively.
For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit was relaxed to the extent of the number of completed years of such experience subject to a maximum of three years.
For such candidates, upper age limit should not have exceeded 33 years including experience. For experience, probationary period will not be reckoned.

RBI Grade B Officers Exam 2016 Eligibility – Age Relaxation in Upper Age Limit
5 years for SC/ST if posts are duly reserved for this category.
10 years for PwD (General), 13 years for PwD (OBC) and 15 years for PwD (SC/ST) candidates.
5 years for Ex-employees of banking institutions whose services were terminated due to reasons of economy or as of bank liquidation and personnel retrenched from Government Offices after at least one year’s service and currently registered with Employment Exchange.
5 years for Emergency Commissioned Officers/Short Service Commissioned Officers who completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment.
3 years for OBC if posts are duly reserved for this category.
5 years for Candidates who were domiciled in Kashmir Division of the State of Jammu and Kashmir.
5 years for Ex-servicemen (including Emergency Commissioned Officers/Short Service Commissioned Officers) if they have rendered at least five years continuous Military Service and released on completion of assignment (including those whose assignment is due to be completed within one year) otherwise than dismissal or discharge for misconduct/inefficiency/physical disability.

Educational Qualification :
As on 01/07/2022, the candidates should have secured a minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th standard examinations.
The minimum qualifying percentage or an equivalent grade for the Bachelor’s Degree will be in aggregate for all semesters / years.

RBI Grade B Officer Eligibility Criteria 2022 – Conversion Parameters
In case the University/Institute does not convert marks to grade, the following parameters would be employed.

Experience :
As per the RBI Grade B Officers 2022 Eligibility Criteria, upper age relaxation is applied to candidates with experience as an officer in any Commercial Bank/Financial Institution in Public Sector. Their upper age limit must not exceed 33 years which includes the work experience.

Number of Attempts as per RBI Grade B Eligibility Criteria 2022
Candidates belonging to unreserved i.e. General Category, who had already appeared 6 times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.

AREAS ONE ONE MAY GET TO WORK IN AS GRADE B OFFICER IN RBI

Monetary Authority The Reserve Bank of India constantly works towards keeping inflation under check and ensuring adequate supply of liquidity for the productive sector as also towards financial stability.

Supervisor of the Financial System Prescribes regulations for sound functioning of banks and financial institutions, including non-banking finance companies – Promotes best practices in risk management and corporate governance to protect depositors’ interest and to enhance public confidence in the financial system of the country – Encourages use of technology in banks to provide cost-effective service to consumers.

Issuer of Currency Ensures good quality coins and currency notes in adequate quantity – Mops up notes and coins unfit for circulation – Advises the Government on designing of currency notes with the latest security features.

Manager of Foreign Exchange Formulates policies to facilitate external trade and payments, facilitates foreign investments in India and Indian investments abroad and promotes orderly development of foreign exchange markets.

Banker to the Government Maintains accounts of central and state governments. Performs merchant banking function for the central and the state governments – Encourages development and orderly functioning of Government securities market – Advises central and state governments in better cash management.

Payment Systems Work towards stablishment of modern, robust, efficient, secure and integrated payment and settlement system for the country.

Bankers’ Bank Ensures adequate liquidity in the financial system and in individual banks, on a daily basis – Performs lender of the last resort function.

Developmental Role Performs a wide range of functions to support national objectives such as ensuring orderly growth and development of financial markets and institutions, creating institutions to serve specialised financial needs and extending the organised financial sector to all parts of the economy.

Under Research Serves as the primary source of information on Indian economy and financial system – Analyses the issues and problems affecting the Indian economy – Renders advice for policy formulation and shaping monetary, banking and financial policies – Prepares the Bank’s publications – Warehouses data to enable decision-making