Officers in Grade ‘B’ (General) Reserve Bank of India

Advertisement for the post of Officers in Grade ‘B’ (General) – DR

RESERVE BANK OF INDIA

SERVICES BOARD, MUMBAI

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, Tibetan refugees (who came over to India before 1st January 1962) and persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favor Eligibility Certificates have been issued by Government of India.

Post Officers in Grade ‘B’ (General) – (Direct Recruitment -DR)

Unreserved i.e. General (GEN) 40

Scheduled Castes (SC) 15

Scheduled Tribes (ST) 05

Other Backward Classes (OBC) 20

TOTAL 80*

*Out of the 80 vacancies mentioned above, 6 vacancies are reserved for Hearing Impaired (HI) candidates under Persons with Disability (PWD) category, but no vacancy is reserved for Orthopedically Handicapped (OH) and Visually Handicapped (VH) candidates. However, Orthopedically Handicapped and Visually Handicapped candidates may also apply for the post but they will not be eligible for any relaxation/concession except for age and application fee. Persons with Disability may belong to any category (GEN/SC/ST/OBC).

Note: (i) Hearing Impaired are those in whom the sense of hearing is non-functional for ordinary purposes of life. They do not hear, understand sounds at all, even with amplified speech. The cases included in this category will be those having hearing loss more than 60 decibels in the better ear (profound impairment) or total loss of hearing in both ears. The degree of disability should not be less than 40 per cent.

(ii) The Persons with Disability (PWD) candidates should possess a latest Certificate to this effect issued by an authorized Government of India/State Government Department/ Hospital.

2 (a) Age (as on 01-10-2010): Between 21 and 30 years (candidates must have been born not earlier than 02/10/1980 and not later than 01/10/1989). For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 31 and 33 years respectively. For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector, upper age limit is relaxed to the extent of number of 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 4 below for relaxation in upper age limit for specified categories.

(b) Educational Qualifications (as on 01-10 -2010): i) A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade OR ii) A Second Class Master’s Degree with a minimum of 55% marks or an equivalent grade OR iii) A Doctorate Degree with 50% marks in Master’s Degree or equivalent grade OR iv) Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor’s Degree OR v) A Post Graduate Diploma in Management / MBA qualification from institutions recognized by Government of India / University Grants Commission, with Graduation / Bachelor’s Degree.

NOTE: SC/ST/HI candidates having second class with a minimum of 50% marks or equivalent grade in Bachelor’s Degree examination OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply.

(c) Scheme of Selection:

Selection will be through Written Examinations (WE) and Interview. ‘WE’ will be held in two phases as under:

(I) Phase I (Objective Type Test): This Paper of 3 hours duration for 200 marks will be held on Sunday, the February 6, 2011. The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude and iv) Reasoning.

Candidates have to secure minimum marks separately for each test as prescribed by the Board. Candidates who secure minimum marks separately for each Test as prescribed will be shortlisted for Phase II of the ‘WE’ based on the aggregate marks obtained in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Phase II of the WE will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates successful in Phase I of the WE are likely to be published around March/April 2011 in Employment News/ Rozgar Samachar and on the RBI website and a brief notice thereof in leading newspapers.

(II) Phase II (Descriptive Type Test): The Phase II Examination will be conducted in May/ June 2011(tentative) only for those candidates who are successful in Phase I (Objective Type Test). The date and time-table will be intimated to the candidates concerned at the appropriate time. The Examination will consist of three Descriptive Type papers –

(i) Paper I – English (ii) Paper II – Economic and Social Issues and (iii) Paper III – Finance and Management. Each of these papers is of 3 hours duration carrying 100 marks.

NOTE: Phase I (except the test of English) and Papers II and III of Phase II will be set bilingually in Hindi and English. Phase I is Objective Type and only marking the correct choice is required. However, Papers II and III of Phase II can be answered either wholly in Hindi or English at the candidate’s option.

(III) Syllabus (Phase II):

(i) Paper I – English: Essay, Précis writing, Comprehension, Business/Office Correspondence.

(ii) Paper II – 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 – Privatisation – 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 – Urbanisation and Migration – Gender Issues – Social Justice : Positive Discrimination in favour of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

(iii) Paper III – Finance and Management:

Finance : The Union Budget – Direct and Indirect taxes; Non-tax sources of revenue; Outlays; New Measures; Financial Sector Reforms; Capital Market, Money Market and Foreign Exchange Market; Stock Exchanges and their Regulation; Capital Market Intermediaries and their Regulation; Role of SEBI; Functions of the Money Market; Growth and Operation of the Money Market; The Foreign Exchange Market; From FERA to FEMA; Exchange Rate Management; Exchange Risk Management; Role of Banks and Financial Institutions in Economic Development; Regulation of Banks and Financial Institutions;

Disinvestment in Public Sector Units.

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 Counseling – 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.

NOTE: The above syllabus is only indicative and not exhaustive. Keeping in view that candidates from different faculty backgrounds apply for the post, the questions in Papers II and III will be basic in nature. Candidates will be short-listed for interview based on the aggregate marks obtained only in Phase II – Papers I, II and III. The minimum cut off marks for being short-listed for interview will be decided by the Board in relation to the number of vacancies. Candidates may answer the Interview either in Hindi or English at their option. Final selection will be based on the performance of the candidate in Phase II of the ‘WE’ and Interview.

(d) Number of attempts: Candidates belonging to Unreserved Category, who had already appeared four times for ‘WE’ for this post in the past, are not eligible to apply. No such restriction to candidates belonging to SC\ST\OBC\PWD, if the posts are reserved for them.

(e) Pre-examination training for SC/ST/PWD candidates: The Bank arranges pre-examination training for Phases I and II of the examination for SC/ST/PWD candidates, free of cost, at the centres where the Bank has its offices. Candidates who desire to avail of the training may apply separately to the

Regional Director/General Manager, Reserve Bank of India at any one of the centres marked (**) below, whichever is convenient to them in the format furnished below on or before November 15, 2010. Candidates should not send their application for training to the Reserve Bank of India Services Board’s Office (Board) as the Board will not entertain such applications.

FORM OF APPLICATION FOR TRAINING

The Regional Director/General Manager Reserve Bank of India **—————————

Place:
Date:

Dear Sir,

Pre-examination training – Officers in Gr.’B’ (General) – (DR)

I have applied to the RBISB for the post of Officer in Gr.’B’ (General) (DR). Please register my name for training in English/Hindi# medium. I enclose an attested copy of the Caste/Physically Handicapped Certificate. I note that I will have to make my own arrangements for stay and meet all my expenses. I also note that undergoing the training will not confer on me any right to be called for the Examination or for recruitment in the Bank’s service.

Yours faithfully
(Signature)
Name and Address
Encl.: Attested copy of the Caste/Physically Handicapped Certificate.
# Delete inapplicable.
(Note: Training in Hindi will be held only if sufficient no. of candidates are registered)

**Addresses of the Centre: One Centre to be chosen from the list given below:

P.B. No.1, Ahmedabad-380014;

P.B. No.5467, Bangalore-560001; P.B. No.32, Bhopal-462011;

P.B. No.16, Bhubaneswar-751001; Sector 17, Chandigarh-160017;

P.B. No.40, Chennai-600001;

P.B. No.120, Guwahati-781001 (for Agartala/ Aizawl /Guwahati/ Imphal/ Itanagar/ Kohima/Shillong centres);

P.B. No.1, Hyderabad-500004;

P.B. No.12, Jaipur-302004;

P.B. No.1, Jammu-180012; M.G. Road, Kanpur-208001;

P.B. No.3065, Kochi-682018; P.B. No.552, Kolkata-700001 (for Kolkata/Port Blair centres);

P.B. No.24, Lucknow-226001;

P.B. No.4528, Plot No.3, Sector 10, H.H. Nirmaladevi Marg, CBD Belapur, Navi Mumbai- 400614;

P.B. No.15, Nagpur-440001; 6, Sansad Marg, New Delhi-110001;

P.B. No.20, Panaji-403001;

P.B. No.162, Patna-800001; College of Agricultural Banking, Ganeshkhind Road, Pune-411016;

P.B. No.6507, Thiruvananthapuram-695033.

3. EXAMINATION CENTRES:

‘WE’ will be held at the following centres (Code Numbers indicated in the brackets):

Name of the Centre	Code No.	Name of the Centre	Code No.
Ahmedabad	(11)	Mumbai	(25)
Bangalore	(12)	Nagpur	(26)
Bhopal	(13)	New Delhi	(27)
Bhubaneswar	(14)	Panaji	(28)
Kolkata	(15)	Patna	(29)
Chandigarh	(16)	Pune	(30)
Chennai	(17)	Thiruvananthapuram	(31)
Guwahati	(18)	Agartala	(32)
Hyderabad	(19)	Aizawl	(33)
Jaipur	(20)	Imphal	(34)
Jammu	(21)	Itanagar	(35)
Kanpur	(22)	Kohima	(36)
Kochi	(23)	Port Blair	(37)
Lucknow	(24)	Shillong	(38)

Candidates can select only one centre and must indicate its Name and Code No. in the application. Centre and dates of ‘WE’ are liable to be changed at the Board’s discretion. In the event of cancellation of ‘WE’ at any centre the Board may at its discretion allot an alternative centre to the candidates concerned. Candidates admitted to the ‘WE’ will be intimated dates, time table and venue of ‘WE’ through Admission Letters (AL). Candidates will not be admitted to the ‘WE’ without the AL. Request for change of centre will not be entertained.

4. RELAXATION IN THE UPPER AGE LIMIT:

Upper age is Relaxable by:

(a) 3 years in the case of OBC candidates if the posts are reserved for them.

(b) 5 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 applying through Employment Exchanges, 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.

(c) 10 years for PWD (GEN); 13 years for PWD (OBC) and 15 years for PWD (SC/ST) candidates.

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