Thursday, 8 September 2011

Job openings for Officers in Grade ‘B’ (General) in Reserve Bank of India - Last Date: 26.10.2011

Company Name: Reserve Bank of India

Job Title: Officers in Grade ‘B’ (General)

Educational Qualifications:
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.

Pay Scale:
Selected Candidates will draw a starting basic pay of Rs.21,000/- p.m. in the scale of Rs.21000-1000-30000-EB-1000-32000-1100-36400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family Allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments for Research Officer in Gr. ‘B’ DR are Rs.38,853/- (approx.).

Location: India

General Rules / Instructions:
Application format (for off-line mode) is given at the end. Candidates applying by off-line mode should apply stricly in conformity with the format as prescribed.
App. Not accompanied by prescribed fees (unless exempted) or incomplete/illegible/not in the prescribed format/without photograph/without signature will be rejected and no correspondence in this regard will be entertained by the board.
Application must be completed in all respects. Incomplete applications will not be considered.
Candidates should not enclose any certificates or copies thereof with the application. Their candidature will be considered on the strength of the information declared in the application. If at any stage, it is found that any information furnished in the app. Is false/incorrect or if according to the board, the candidate does not satisfy the eligibility criteria, his/her candidature / appointment is liable to be cancelled / terminated.
All educational qualifications must have been obtained from recognised universities/institutions in india or abroad. If grades are awarded instead of marks, candidates should clearly indicate their numerical equivalent.
Candidates should satisfy themselves about their eligibility for the post applied for. The board would admit to the ‘we’ all the candidates applying for this post with the requisite fee (wherever applicable) on the basis of the information furnished in the app. And shall determine their eligibility only at the final stage i.e. While calling them for interview.
The board shall not entertain requests from the candidates seeking advice about their eligibility to apply.
The list of admitted candidates for ‘we’ will be displayed on rbi website at the appropriate time. If the candidate does not receive admission letter (al) for ‘we’/any other communication from the board, he/she should contact the in-charge of the rbi office during office hours at the examination centre indicated in the application along with duly signed passport size photograph, on any day starting from four days before the date of examination for necessary guidance. Failure to comply with above instructions will deprive the candidate of any claim for consideration.
Candidates will have to appear for the ‘we’ at their own expenses. However, those called for interview, will be reimbursed to and fro actual first class fare or ii ac railway fare by the shortest route from the place of their residence/place of work to the place of interview whichever is nearer.
In all correspondence with the board, roll no. Indicated in ‘al’ must be quoted.
Change of address, if any, should be informed to the board immediately. Although every effort will be made to take on record such changes, the board does not accept any responsibility in the matter, particularly when the time gap between receipt of intimation and date of examination / interview is very short.
Candidates already in service of govt./quasi-govt. Organisations and public sector banks /undertakings will have to produce a “no objection certificate” from their employer, at the time of interview. However, before appointment in rbi, a proper discharge certificate from the employer will have to be produced. If the app. Is required to be routed through the employer and in the process it reaches the board’s office after the closing date, it will not be considered even though the applicant submitted the app. To the employer before the closing date. In such cases, app. Marked ‘advance copy’ should be sent to the board’s office direct, together with fee (wherever applicable) and the regular copy (without fee) should be routed through the employer.
Canvassing in any form will be a disqualification.
In all matters regarding eligibility, conduct of examinations, interview, assessment, prescribing minimum qualifying standards in ‘we’ and interview, in relation to number of vacancies and communication of result, the board’s decision shall be final and binding on the candidates and no correspondence shall be entertained in this regard.
Mobile phones, pagers, or any other communication devices are not allowed inside the premises, where the examination is being conducted. Any infringement of these instructions shall entail disqualification including ban from future examinations.
The board does not furnish the mark-sheet to candidates. However, ‘we’ and interview marks may be available on the bank’s website after the declaration of the final result.
The post is also open to the employees of rbi (staff candidates) who satisfy the eligibility criteria separately stipulated by the bank.

Last Date: 26.10.2011

About Us:
The Reserve Bank of India is the central bank of the country entrusted with monetary stability, the management of currency and the supervision of the financial as well as the payments system.

Established in 1935, its functions and focus have evolved in response to the changing economic environment. Its history is not only intrinsically interwoven with the economic and financial history of the country, but also gives insights into the thought processes that have helped shape the country’s economic policies. Here we present some facets of the Bank’s history for the layperson. We look forward to the viewer’s suggestions and comments.

The Bank began its operations by taking over from the Government the functions so far being performed by the Controller of Currency and from the Imperial Bank of India, the management of Government accounts and public debt. The existing currency offices at Calcutta, Bombay, Madras, Rangoon, Karachi, Lahore and Cawnpore (Kanpur) became branches of the Issue Department. Offices of the Banking Department were established in Calcutta, Bombay, Madras, Delhi and Rangoon.

Burma (Myanmar) seceded from the Indian Union in 1937 but the Reserve Bank continued to act as the Central Bank for Burma till Japanese Occupation of Burma and later upto April, 1947. After the partition of India, the Reserve Bank served as the central bank of Pakistan upto June 1948 when the State Bank of Pakistan commenced operations. The Bank, which was originally set up as a shareholder’s bank, was nationalised in 1949.

An interesting feature of the Reserve Bank of India was that at its very inception, the Bank was seen as playing a special role in the context of development, especially Agriculture. When India commenced its plan endeavours, the development role of the Bank came into focus, especially in the sixties when the Reserve Bank, in many ways, pioneered the concept and practise of using finance to catalyse development. The Bank was also instrumental in institutional development and helped set up insitutions like the Deposit Insurance and Credit Guarantee Corporation of India, the Unit Trust of India, the Industrial Development Bank of India, the National Bank of Agriculture and Rural Development, the Discount and Finance House of India etc. to build the financial infrastructure of the country.

With liberalisation, the Bank’s focus has shifted back to core central banking functions like Monetary Policy, Bank Supervision and Regulation, and Overseeing the Payments System and onto developing the financial markets.

Apply Here:

    Aapki Naukri Tips:
  • Read Instructions carefully before apply.
  • All all required documents with your application.
  • Take a photocopy of your application for your reference.
  • Visit directly to the website for more information.

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