Entrance Exam For Reserve Bank Of India
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The central office is located in Mumbai. The central office is where the governor sits and where policies are formulated. Though originally privately owned, since nationalization in 1949, the reserve bank of India is fully owned by the Government of India.
The Reserve Bank of India performs the functions under the guidance of the board for Financial Supervision. Primary objective of this board is to undertake consolidated supervision of the financial sector comprising commercial banks, financial institutions and non-banking finance companies.
The Reserve Bank of India acts as a centralized monitoring body in the Indian financial sector. Recruitment in Reserve Bank of India is conducted by the Reserve Bank of India Service Board. RBI exam is one of the common Banking exams in India.
RBI EXAM ELIGIBILITY:
A first class Bachelor’s degree with a minimum of 60% marks or 55% marks of second class Master’s Degree or Doctorate Degree of 50% marks or a post graduate Diploma in Management From IIM only. The candidate should be between the age group of 21 years and 30 years.A candidate must be either a citizen of India or one holding eligibility certificates issued by the Government of India
RBI EXAM PATTERN:
Candidate will called for an objective and descriptive type written examination. Question paper will be in bilingual form i.e., in Hindi and English except the test of English language. The objective type examination will consist of test of reasoning, quantative aptitude, English, general awareness. Minimum of 3 hr type is allocated to the candidate. After that descriptive type exam is held for those candidates who are successful in written exam. Qualifying candidates are called for interview.
The notification is released in the websites and on newspaper. Candidates willing to enter this zone can apply in both offline mode and also in online mode.