Notification

All MFC 4th semester students are requested to send their updated resumes on dbfsku@gmail.com

Monday, October 11, 2010

RESERVE BANK OF INDIA Officers in Grade 'B' (General) - (Direct Recruitment -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 favour Eligibility Certificates have been issued by Government of India.
*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 Orthopaedically Handicapped (OH) and Visually Handicapped (VH) candidates. However, Orthopaedically 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.

For more details:
http://www.rbi.org.in/scripts/bs_viewcontent.aspx?Id=2280

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