BANK P.O., SSC, NDA, MBA CAT, MCA, & OTHER ENTRANCE EXAM...
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1. 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, 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.

Post Number of vacancies
 

Unreserved
i.e.,General
(GEN/UR)

Other
Backward
Classes

OBC)#

Schduled
Castes

(SC)

Scheduled

Tribes(ST)
TOATAL
    77 26 8 163

IMPORTANT DATES

Event Important Dates
Website Link Open—For On-Line Registration of Application and Payment of Fees/ Intimation Charges 18 july, 2016 to August 9, 2016
Phase – I Online Examination September 4, 2016
Phase – II Online Examination Septembetr 19, 2016

* The Board reserves the right to make any change in these dates.
$ Candidate will have to appear in only one shift of Phase-I online examination.
£ Candidate will have to appear in all the shifts of Phase-II online examination.

2. ELIGIBILITY CRITERIA:

a. Age (as on 01/07/2016): Between 21 and 30 years (candidates must have been born not earlier than 02/07/1986 and not later than 01/07/1995). For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively. For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed 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 8 below for relaxation in upper age limit for specified categories.

b. Educational Qualifications (as on 01/07/2016): A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be in aggregate for all semesters / years.

NOTE:

(1) Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be accepted. However, where the University/ Institute/ Board does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:

Equivalent CGPA/OGPA or similar terminologies allotted on a 10 point scale Aggregate percentage of marks
6.75 60%
5.75 50%

(2) Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.
(3) Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per item (1) above.
c. Number of attempts: Candidates belonging to unreserved i.e. General Category, who had already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them. 3.SCHEME OF SELECTION: 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): This Paper for 200 marks will be held on September 4, 2016. Depending on the number of candidates, the examination may be held on some other days also. A candidate, however, has to appear for examination in only one shift on the given day. The date, time and venue on which a candidate has to
(2) Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.
(3) Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per item (1) above.


c. Number of attempts: Candidates belonging to unreserved i.e. General Category, who had already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.
3.SCHEME OF SELECTION: Selection will be through ON-LINE Examinations and interview. Examinations will be held in two phases as described in following paragraphs.
(II) Phase-I online Examination (Objective Type): This Paper for 200 marks will be held on September 4, 2016. Depending on the number of candidates, the examination may be held on some other days also. A candidate, however, has to appear for examination in only one shift on the given day. The date, time and venue on which a candidate has to



NOTE: 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.


4. SYLLABI (Phase-II)
Paper-I - 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 – Privatization – 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 – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education. Suggested reference material: Books:

1. Indian Economy: Uma Kapila.(Series of Books)
2. Indian Economy: Mishra Puri. (Latest Edition)
3. Growth And Development: Devraj Ray
4. Sociology: C.N. Shankar Rao

News Papers:

1. Economic Times
2. Hindu
3. Business Standard


Weekly/Monthly Magazines/Bulletins /Reports:

1. Economic and Political Weekly
2. Southern Economist
3. Yojana
4. Business India
5. RBI Bulletins

Reports:

1. World Development Report
2. Economic Survey of India



Paper-II -English (Writing Skills):
The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic. Paper-III -Finance and Management: (I) Finance (a) Financial System
1. Regulators of Banks and Financial Institutions
2. Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.
(b) Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity,etc.), functions, instruments, recent developments.
(c) General Topics
1. Risk Management in Banking Sector
2. Basics of Derivatives: Forward, Futures and Swap
3. Changing Landscape of Banking sector
4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
5. Financial Inclusion- use of technology
6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
8. The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.
Suggested reference material:
a. An introduction to Economics – A W Stonier and D C Hauge
b. Monetary Theory and Public Policy – Kenneth Kurihara
c. Indian Economy – Mishra and Puri
d. Indian Economy – R. Dutt and KPM Sundaram
e. Economic Growth and Development – Mayer and Baldwin
f. Major economic newspapers and Economic and Political Weekly
g. Public Finance – K K Andley and Sundaram
h. Financial Management – Prasanna Chandra

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