RBI invites Officers in Grade 'B' (General)

Officers in Grade 'B' (General) - (Direct Recruitment -DR)

80

Qualification

No of post

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.

80 (Gen--40, SC-15, ST-5, OBC-20)

Pay Scale: Rs.21000-36400


Age Limit: 21-30 Yrs


Selection will be through Written Examinations (WE) and Interview. Written Examinations 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.


(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 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.


(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.


How to apply
Candidates can apply for the post either on the prescribed Application (Offline) or submit the application Online followed up by sending a printout (hardcopy) of the online application. For Online submission, candidates need to take a printout (hard copy) of their online Application after submission of the data through the system. A signed photograph must be pasted (not to be stapled) at the specified place on the printout and the candidate must sign on the printout of the application and attach DD or IPO of Rs.100 (if required to pay fee). The online applications can be submitted till 11.59 P.M. on November 8, 2010. Applications should be sent to
The General Manager, Reserve Bank of India Services Board, Post Bag No. 14501, Mumbai Central Post Office, Mumbai-400008. 
The cover should be superscribed "Application for the post of Officers in Gr.B (General) - (DR)". Offline or the printout of the online application, as the case may be, should reach the Board's Office on or before 6.00 P.M. on November 15, 2010.

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