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1. Applications
(App.) are
invited for the post mentioned below in
Reserve Bank of India (RBI/Bank) from Indian
citizens, citizens of Nepal and subjects of
Bhutan, persons of Indian origin who have
migrated from Myanmar and Sri Lanka with the
intention of permanently settling in India
and in whose favour Eligibility Certificates
have been issued by Government of India.
| IMPORTANT DATES:* |
| Event |
Important
Dates |
| Website Link Open –For
On-Line Registration of Applications
and Payment of Fees/Intimation Charges |
Mid July to Start of
August |
| Phase-I Online
Examination |
September |
| Phase-II Online
Examination |
September |
|
2.
ELIGIBILITY 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. 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 is relaxed to the
extent of number of completed 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. Refer item
8 below
for relaxation in upper age limit for
specified categories.
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. The minimum qualifying
percentage or an equivalent grade for the
Bachelor's Degree will be in aggregate for
all semesters / years.
c.
Number of attempts: Candidates
belonging to unreserved i.e. General
Category, who had already appeared Six 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.
3.
SCHEME OF SELECTION:
Selection
will be through ON-LINE Examinations and
interview. Examinations will be held in two
phases as described in following paragraphs.
(I)
Phase-I online Examination (Objective
Type):
This
Paper for 200 marks will be held on
September 4, 2016. Depending on the number
of candidates, the examination may be held
on some other days also. A candidate,
however, has to appear for examination in
only one shift on the given day. The date,
time and venue on which a candidate has to
appear for examination will be specified in
the Admission Letter (AL) to be downloaded
by the candidate. The ‘corrected-scores’
obtained by each of the candidates in
different sessions (if held) will be
normalized using equipercentile method. The
Paper consists tests of (i) General
Awareness (ii) English Language (iii)
Quantitative Aptitude and (iv) Reasoning,
with composite time of 120 minutes. Other
detailed information regarding the
examination will be given in an Information
Handout, which will be made available for
the candidates to download along with the
Admission letter for examination from the
RBI website.
Candidates
have to secure minimum marks separately for
each test as well as aggregate, as
prescribed by the Board. 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. The
minimum aggregate cut-off marks for being
shortlisted for Phase-II of the examination
will be decided by the Board in relation to
the number of vacancies. Roll No. of the
candidates shortlisted for Phase-II
examination will be published on RBI
web-site, tentatively within a week after
Phase-I examination.
(II)
Phase-II online Examination: The
Phase-II online Examination will be
conducted on September 19, 2016, only for
the candidates who are shortlisted on the
basis of results of Phase-I. 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. The time-table for Phase-II
will be intimated to the candidates
concerned along with Admission Letter for
Phase-II. 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 |
| NOTE:
All question papers (in both the
Phases, except the test of English)
will be set bilingually in Hindi and
English. |
(III)
Interview: Candidates
will be shortlisted for the interview, based
on aggregate of marks obtained in Phase-II
(Paper-I +Paper-II +Paper-III). The minimum
aggregate cut off marks for being
shortlisted for Interview will be decided by
the Board in relation to the number of
vacancies. Roll No. of the candidates
shortlisted for interview will be published
on RBI website at appropriate time and
interview call letters will be sent on
registered email ID. Interview will be of 50
marks. Candidate may opt for interview
either in Hindi or English. Final Selection
will be through merit list which will be
prepared by adding marks secured by
candidates in Phase-II examination and
interview.
8.
RELAXATION IN THE UPPER AGE LIMIT:
Upper
age is relaxable by-
-
Three
years in the case of OBC candidates if
the posts are reserved for them.
-
Five
years in the case of: i) SC/ST
candidates if the posts are reserved for
them ii) Ex-employees of banking
institutions whose services had to be
terminated for reasons of economy or as
a result of bank going into liquidation
and personnel retrenched from Government
Offices after at least one year's
service and currently registered with
Employment Exchange, iii) Ex-servicemen
(including Emergency Commissioned
Officers/Short Service Commissioned
Officers) provided applicants have
rendered at least five years continuous
Military Service and have been released
on completion of assignment (including
those whose assignment is due to be
completed within one year) otherwise
than by way of dismissal or discharge on
account of misconduct or inefficiency or
on account of physical disability or
have been released on account of
physical disability attributable to
Military Service or on invalidment, iv)
Emergency Commissioned Officers/Short
Service Commissioned Officers who have
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, v) Candidates who had
ordinarily been domiciled in Kashmir
Division of the State of Jammu and
Kashmir between 1st January, 1980 and
31st December, 1989.
-
10
years for PWD(GEN); 13 years for
PWD(OBC) and 15 years for PWD(SC/ST)
candidates.
-
For
eligible staff candidates the relaxation
in age limit is according to RBI
circular CO. HRMD. No. G-75/ 5599/
05.01.01/ 2013-2014 dated December 20,
2013.
NOTE:
CUMULATIVE AGE RELAXATION WILL NOT BE
AVAILABLE EITHER UNDER THE ABOVE ITEMS OR IN
COMBINATION WITH ANY OTHER ITEMS.
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