RBI's Officers in Grade 'B'(General) Direct Recruitment - (DR), 2016 Notifiaction out for 163 posts

Reserve Bank of India(RBI)  has released the Notification regarding the Officers in Grade 'B'(General) Direct Recruitment - (DR), 2016.

Number of Posts:

Post	Number of Vacancies
	Unreserved (GEN/UR)	OBC#	SC	ST	TOTAL
Officers in Grade 'B'(General) Direct Recruitment - (DR)	77	52	26	8	163

# Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation. They should indicate their category as 'General (GEN)’. *

Note: Out of 163. vacancies mentioned above, 6 vacancies are reserved for candidates belonging to Persons with Disability (PWD) category – 2 vacancies for Visually Handicapped (VH) and 4 vacancies for Hearing Impaired (HI). Persons with Disability may belong to any category - GEN/SC/ST/OBC.

Important Dates:

Website Link Open –For On-Line Registration of Applications and Payment of Fees/Intimation Charges	18 July , 2016 to August 9, 2016
Phase-I Online Examination	September 4, 2016
Phase-II Online Examination	September 19, 2016

Last date:

The Online Applications can be filled upto 12th August, 2016 till 11.59 PM after

which the link will be disabled.

Apply: Candidates are required to apply online by using this link

Eligibity Criteria:

a. Age (as on 01/07/2016): Between 21 and 30 years (candidates must have been born not earlier than 02/07/1986 and not later than 01/07/1995). For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively .

 b. Educational Qualifications (as on 01/07/2016): 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. 

Fee :

SC/ST/PWD : 100/-
General/OBC : 850/-
Staff : Nill

Scheme of Selection:

Selection will be through ON-LINE Examinations and interview.

Examinations will be held in two phases.

(I) Phase-I online Examination (Objective Type): This Paper for 200 marks will be held on September 4, 2016.

The Paper consists tests of

(i) General Awareness

(ii) English Language

(iii) Quantitative Aptitude and

(iv) Reasoning, with composite time of 120 minutes.

Candidates, who secure minimum marks separately for each Test, as prescribed, will be shortlisted for Phase-II of the examination based on the aggregate marks obtained in Phase-I.

(II) Phase-II online Examination: The Phase-II online Examination will be conducted on September 19, 2016.

The Phase-II examination will be in shifts. Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift.

Phase–II online examination will consist of three papers as under:

Name of Paper	Type of Paper	Time (Minutes)	Marks
Paper-I: Economic and Social Issues	Objective Type	90	100
Paper II: English (Writing Skills)	Descriptive, to be typed with the help of the keyboard	90	100
Paper-III: Finance and Management	Objective type	90	100

(III) Interview: Candidates will be shortlisted for the interview, based on aggregate of marks obtained in Phase-II (Paper-I +Paper-II +Paper-III).

Syllabus for Phase- II:

Paper-I - 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 – Privatization – 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 – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education

Paper-III -Finance and Management:

(I) Finance

(a) Financial System 1. Regulators of Banks and Financial Institutions 2. Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets Primary and Secondary Markets (Forex, Money, Bond, Equity,etc.), functions, instruments, recent developments.

(c) General Topics 1. Risk Management in Banking Sector 2. Basics of Derivatives: Forward, Futures and Swap 3. Changing Landscape of Banking sector 4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments 5. Financial Inclusion- use of technology 6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership 7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector. 8. The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM), 9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.

(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 Counselling – 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.

--All the best.