www.rbi.org.in Recruitment 2009 : Officer Grade B

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    www.rbi.org.in Recruitment 2009 : Officer Grade B

    This job is from 2009 and has thus expired.

    Recruitment for officers in Grade 'B' (DR)

    RESERVE BANK OF INDIA RBI SERVICES BOARD, MUMBAI
    Telegraphic Address : "SERVBOARD", Mumbai
    Advt.No. 1A /2009-10
    (This advertisement and the format of the Application Form can be accessed on RBI Website www.rbi.org.in)


    Applications (App.) are invited for the post mentioned below in Reserve Bank of India (RBI/Bank) from Indian citizens, subjects of Nepal and 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 favour Eligibility Certificates have been issued by Government of India.


    Number of Vacancies 79

    2. FOR OFFICERS IN GRADE B (DR)
    a) Age (as on 01-07-2009)
    : Between 21 and 30 years (candidates must have been born not earlier than 02/07/1979 and not later than 01/07/1988).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 01/07/2009
    ): 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 from IIM only.
    NOTE:
    SC/ST/VH/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 October 11, 2009. 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. Roll No. of the successful candidates are likely to be published around November 2009 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 early 2010 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 –
    1) Paper I – English 2) Paper II – Economic and Social Issues and 3) 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 for Paper I – English: Essay, Prιcis writing, Comprehension, Business/Office Correspondence.
    iv) Syllabus for 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.
    v) Syllabus for Paper III – Finance and Management:
    (i) 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.
    (ii) 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\PH, if the posts are reserved for them.

    e) Pre-examination training for SC/ST/PH candidates:
    The Bank arranges pre-examination training for Phases I and II of the examination for SC/ST/PH 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 August 24, 2009. 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.

    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 PH (Gen.); 13 years for PH (OBC) and 15 years for PH (SC/ST) candidates.
    NOTE :CUMULATIVE AGE RELAXATION WILL NOT BE AVAILABLE EITHER UNDER THE ABOVE ITEMS OR IN COMBINATION WITH ANY OTHER ITEMS.
    5. SERVICE CONDITIONS / CAREER PROSPECTS :
    i) Pay Scale:
    a) Selected Candidates will draw a starting basic pay of Rs.13700/- p.m. in the scale of Rs.13700-700-20000-EB-700-21400-750-24400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Allowance, Family allowance as per rules in force from time to time. At present, initial monthly Gross emoluments to direct recruit Grade B Officers are approximately Rs.22755/-.
    ii) Perquisites:
    Bank’s accommodation subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Fare concession (once in two years for self, spouse and eligible dependents). Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. The posts also carry benefits of Provident Fund, Pension and Gratuity. Total pay and allowances along with admissible perquisites attached to the post work out at the minimum of Rs.6.00 lakhs p.a. (approx.) on a cost to the Bank basis.
    NOTE: For candidates possessing very high academic or professional qualification/ experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at the sole discretion, will consider requests for higher emoluments on account of higher qualification/special experience of value to the Bank at the interview stage only. Such information may be furnished in the Bio-data form in the appropriate column. The number of maximum increments will be 4. The Board/Bank will not entertain any request received after the interview.
    iii) At certain centres, limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all centres.

    iv) Initial appointment will be on probation for a period of two years which may, at Bank's discretion, be extended upto a maximum period of four years.
    v) There are reasonable prospects for promotion to higher grades.
    vi) Selected candidates are liable to be posted and transferred anywhere in India.
    6.APPLICATION FEE (NON-REFUNDABLE) : Rs.100/- (Rupees one hundred only) for each application. No fee is payable by SC/ST/PH candidates. Fee is payable by Demand Draft favouring Reserve Bank of India and payable at Mumbai only. However, candidates from un-banked areas may pay fee by crossed Indian Postal Orders in favour of Reserve Bank of India payable at GPO, Mumbai. Candidates should write their name and address on the reverse of the Demand Draft and in the space provided for the purpose on the Postal Orders (if fee is payable) and enclose them to the application with a pin (should not be stapled). Fees sent separately not accompanied with proper application or payment in any other manner will not be accepted. Fees once paid will not be refunded under any circumstances.
    8. SUBMISSION OF THE APPLICATION :
    i) Candidates applying for the post may send their applications to the General Manager, RBI Services Board, Post Bag No.14501, Mumbai Central Post Office, Mumbai-400008 by ordinary post. The cover should be superscribed for the post applied for e.g. "App. for the post of Officers in Gr.'B'(DR)".
    ii) App. in closed covers may also be deposited in the box specially kept for the purpose at the Board's Office at Reserve Bank of India, Opp. Mumbai Central Railway Station, Mumbai Central, Mumbai-400008.
    9.CLOSING DATE :
    i) App. should reach the Board's Office on or before 6.00 P.M. on August 24, 2009.
    ii) In the case of App. received only by post from candidates living abroad; in Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura; Ladakh division of Jammu and Kashmir State; Lahaul and Spiti Districts and Pangi Sub-division of Chamba district of Himachal Pradesh; Andaman and Nicobar Islands and Lakshadweep, the last date of receipt of App. will be on or before 6.00 P.M. on August 31, 2009. For App. received in any manner other than by post, the benefit of extended time will not be available. The Board takes no responsibility for any delay in receipt of App. or loss thereof in postal transit.

    10.CHECK-LIST FOR SUBMISSION OF THE APPLICATION FORM:

    i) The App. strictly in conformity with the Format must be typed or neatly hand-written in Hindi or English on a good quality white foolscap paper and duly affixed with a signed latest passport size photograph. Candidates should ensure that all the entries have been correctly filled in. App. without signature, not in the prescribed Format/incomplete/without photograph shall be rejected.
    ii) Name and Address should be written in capital letters in English only, since processing is computerized.
    iii) Candidates should write their name and address on the reverse of the Demand Draft and in the space provided for the purpose on the Postal Orders (if fee is payable) and enclose them to the application with a pin (should not be stapled).
    iv) On the top of the cover containing the App., the post applied for should be superscribed

    http://www.rbi.org.in/Scripts/bs_vie...t.aspx?Id=2005

  2. Post Count Number #2
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    Re: RBI Recruitment 2009 : Officers Grade B

    Myself Lata Kolekar having total 6+ yrs exp in Banking & Insurance. I have worked with ICICI for 3yrs as Senior Executive leading a team of 15 in consumer loan closure (Operation) & currently working with Birla Sun life Insurance as Associate Unit Support Manager.

    I am looking for Operation / Backoffice job (DAY SHIFT) Please let me know if my profile matches to your requirement.

    Alternate Email id- lata.2kolekar@gmail.com / lata.kolekar@birlasunlife.com

  3. Post Count Number #3
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    Re: RBI Recruitment 2009 : Officers Grade B

    CURRICULUM VITAE
    Rajani Maddula
    rajani.maddula AT gmail.com

    Career Objective :
    i would lke to work in banks.i will wokhard and i will do best for my job
    Academic Qualifications :
    Course
    Institution Year of passing % of Marks
    M.Sc (CS) Krishna Chaitanya P.G College, Nellore. 2007-09 75
    B.Sc (CS) Krishna Chaitanya Degree College, Nellore. 2004-07 80
    Intermediate Sri Chandra Reddy Mahila Kalasala, Nellore 2002-04 72
    S.S.C Sri Balaji Vidyalayam, Nellore. 2001-02 75
    Software Proficiency :
    Languages C,C++
    Web Technologies HTML
    Database ORACLE-8i, SQL,PL/SQL
    Operating Systems Windows98, 2000, XP
    Microsoft Technologies DotNet, MS-Access
    Project Details :
    As a part of my final year course requirements, i have done a project on “SOFTWARE PROJECT MANAGEMENT”. The software required is as follows :
    Operatingsystem : windows2000 server/professional
    Framework : dotnet 2002 framework
    Languages : SQLserver
    Web server : IIS 5.0 or above
    Personal Details :
    Father’s Name M.Chandrasekhar Rao
    Date of Birth 22, June 1986
    Nationality Indian
    Gender
    Marital Status Single

    E-Mail rajani.maddula AT gmail.com

    Declaration :
    I here by declare that the above furnished information is true as to my knowledge.