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)
The Paper consists tests of (i) General Awareness (ii) English Language (iii) Quantitative Aptitude and (iv) Reasoning, sections with composite time of 120 minutes.
RBI Grade B Officer (Phase 1) Exam Pattern
| S.No | Subject | Number of Questions | Marks | Duration of Exam |
| 1 | General Awareness | 80 | 80 | 120 Minutes |
| 2 | English Language | 30 | 30 | |
| 3 | Quantitative Aptitude | 30 | 30 | |
| 4 | Reasoning | 60 | 60 | |
| Total | 200 | 200 | ||
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 websiteshttps://opportunities.rbi.org.in or https://www.rbi.org.in/, tentatively within a week after Phase-I examination.
(II) Phase-II Online Examination:
The Phase-II online Examination will be conducted only for the candidates who are shortlisted on the basis of results of Phase-I. 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: (Optional) Finance and Management or Economics or Statistics |
Objective type | 90 | 100 |
NOTE: In Paper-III, candidates have to choose one of the three subjects at the time of online application. 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.