How Many People Actually Attend the RBI Grade B Exam: An Insight into the Selection Process
The Reserve Bank of India (RBI) Grade B exam is a highly sought-after career opportunity for young graduates and professionals looking to join the central banking system.
The Application Statistics
Each year, a large number of individuals apply for the RBI Grade B exam, with the number fluctuating between 150,000 to over 200,000 applicants. However, the actual number of candidates who attend the exam varies significantly. Based on recent trends, around 70-80% of the registered candidates usually show up for the exam.
For instance, in 2016, around 150,000 candidates applied for the exam, but only about 100,000 appeared for the preliminary round. This trend has persisted, with the average attendance typically ranging from 100,000 to 160,000 throughout the years.
It is crucial to refer to the official RBI website or recent announcements for the most accurate and current statistics, as these figures can vary from year to year.
The Selection Process
The RBI Grade B exam typically consists of three phases: the Preliminary Exam, the Main Exam, and the Interview. The journey is as follows:
The Preliminary Exam: Initially, around 2.5 to 3 lakh candidates apply, but only 100,000 to 160,000 actually appear for the preliminary round. This phase narrows down the field to the next phase.
The Main Exam: After the Preliminary Exam, around 3,000 candidates advance to the Main Exam phase. This marks the second round of elimination, further reducing the number of aspirants.
Interview Phase: Finally, out of these 3,000 candidates, around 450 are selected for the interview phase. From this final round, the RBI selects around 160 candidates, based on their performance in the previous rounds.
Key Insights and Advice
While the application statistics may seem daunting, it is important to remember that the exam is designed to challenge and evaluate the candidates. As a potential applicant, your focus should be on preparing thoroughly and performing your best.
Challenging exams like the RBI Grade B are not just about the numbers; they are about facing adversities and performing under pressure. If you are well-prepared and confident, such challenges can only enhance your preparation further.
At the end of the day, what matters most is your performance in the exam. Even if the competition is fierce, your hard work and dedication can make a significant difference.
RBI Grade B Exam Key Points Summary
Average annual applications range between 150,000 to 200,000.
Approximately 70-80% of applicants attend the exam.
Final selection numbers are around 160 out of the thousands who make it to the interview stage.
Focus on thorough preparation and balanced practice to increase your chances of success.