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RBI Recruitment 2017 – 526 Posts – Office Attendant – 10th Pass

RBI Reserve Bank of India is India’s central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India’s independence on 15 August 1947, the RBI was nationalized on 1 January 1949.

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RBI FullformReserve Bank of India
HeadquartersMumbai, Maharashtra
Established1 April 1935; 81 years ago
GovernorUrjit Patel
Central bank of India
CurrencyIndian rupee
ProductsAirports
AddressC/o CGM and Secretary, Secretary’s Department, Reserve Bank of India
16th floor, Central Office Building, Shahid Bhagat Singh Marg, Mumbai – 400 001
Websitewww.rbi.org.in

The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The general superintendence and direction of the RBI are entrusted with the 21-member Central Board of Directors: the Governor, 4 Deputy Governors, 2 Finance Ministry representatives, 10 government-nominated directors to represent important elements of India’s economy, and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these local boards consists of 5 members who represent regional interests, the interests of co-operative and indigenous banks.

A Central Bank is an independent apex monetary authority which regulates banks and provides important financial services like storing of foreign exchange reserves, control of inflation, monetary policy report. A Central Bank is known by different names in different countries. The functions of a Central Bank vary from country to country and are an autonomous or quasi-autonomous body and perform or through another agency vital monetary functions in the country. A central bank is a vital financial apex institution of an economy and the key objects of central banks may differ from country to the country still they perform activities and functions with the goal of maintaining economic stability and growth of an economy.The bank also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion (AFI).The bank is often referred to by the name Mint Street.

The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as:

“…to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.”

Structure of RBI: The Central Board of Directors is the main committee of the Central Bank. The Government of India appoints the directors for a 4-year term. The Board consists of a Governor, and not more than 4 Deputy Governors, 4 Directors to represent the regional boards, 2 from the Ministry of Finance and 10 other directors from various fields. RBI wants to create a post of Chief Operating Officer (COO) and re-allocate work between the five of them(4 Deputy Governor and COO).

The bank is headed by the Governor and the post is currently held by economist Urjit Patel. There are 4 Deputy Governors R Gandhi, S S Mundra, N S Vishwanathan and Viral Acharya. Two of the four Deputy Governors are traditionally from RBI ranks and are selected from the Bank’s Executive Directors. One is nominated from among the Chairpersons of public sector banks and the other is an economist. An Indian Administrative Service officer can also be appointed as Deputy Governor of RBI and later as the Governor of RBI as with the case of Y. Venugopal Reddy. Other persons forming part of the central board of directors of the RBI are Dr. Nachiket Mor, Y C Deveshwar, Prof Damodar Acharya, Ajay Tyagi and Anjuli Duggal.

Main Functions of RBI;

Monetary Authority:

  • Formulates, implements and monitors the monetary policy.
  • Objective: maintaining price stability and ensuring adequate flow of credit to productive sectors.

Regulator and supervisor of the financial system:

  • Prescribes broad parameters of banking operations within which the country’s banking and financial system functions.
  • Objective: maintain public confidence in the system, protect depositors’ interest and provide cost-effective banking services to the public.

Manager of Foreign Exchange

  • Manages the Foreign Exchange Management Act, 1999.
  • Objective: to facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India.

Issuer of currency:

  • Issues and exchanges or destroys currency and coins not fit for circulation.
  • Objective: to give the public adequate quantity of supplies of currency notes and coins and in good quality.

Developmental role: Performs a wide range of promotional functions to support national objectives.
Related Functions:

  • Banker to the Government: performs merchant banking function for the central and the state governments; also acts as their banker.
  • Banker to banks: maintains banking accounts of all scheduled banks.

Offices: RBI has 19 regional offices, most of them in state capitals and 9 Sub-offices.

Training Establishments: RBI has five training establishments

  • Two, namely, College of Agricultural Banking and Reserve Bank of India Staff College are part of the Reserve Bank
  • Others are autonomous, such as National Institute for Bank Management, Indira Gandhi Institute for Development Research (IGIDR), Institute for Development and Research in Banking Technology (IDRBT)

Subsidiaries: Fully owned Subsidiaries of RBI are: Deposit Insurance and Credit Guarantee Corporation of India(DICGC), Bharatiya Reserve Bank Note Mudran Private Limited(BRBNMPL), National Housing Bank(NHB)

  • Deposit Insurance and Credit Guarantee Corporation of India(DICGC)
  • Bharatiya Reserve Bank Note Mudran Private Limited(BRBNMPL)
  • National Housing Bank(NHB)

Central Board of RBI: The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.

  • Appointed/nominated for a period of four years
  • Constitution:
    • Official Directors
      • Full-time: Governor and not more than four Deputy Governors
    • Non-Official Directors
      • Nominated by Government: ten Directors from various fields and two government Official
      • Others: four Directors – one each from four local boards

RBI RECRUITMENT


Office Attendant – 10th Pass – Posted Date 17-Nov-2017

  • Designation Name : Office Attendant
  • Date Posted : 17-Nov-2017
  • Last Date : 07-Dec-2017
  • Total Vacancies : 526
  • Location : All India(jobs in All India)

 

Details regarding Office Attendant job post at RBI

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  • Age Limit : Minimum & Maximum age limit is 18 to 25 years as on 01.11.2017
  • Age Relaxation: For SC/ST Candidates 05 years, For OBC Candidates 03 years & For PWD Candidates 10 years.
  • Pay Scale : Rs. 23700/- Per Month
  • Nationality : Indian
  • Minimum Qualification: Candidate should have passed 10th Standard (S.S.C./Matriculation) from the concerned State/UT and candidate should be a domicile of the State/UT coming under the Regional Jurisdiction of the Recruitment Office to which he/she is applying. (10th-pass-jobs)
  • Selection Process : Selection will be based on Online Test and Language Proficiency Test (LPT).
  • Application Fee : Candidates have to pay Rs.450/- (Rs.50/- for SC/ST/PWD/EXS) hrough Online using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
  • Application Mode : Apply Online
  • How To Apply : Interested candidates may apply online through the website http://www.rbi.org.in from 17.11.2017 to 07.12.2017. there after link will be disabled.

 

Important Dates for Office Attendant at RBI

 

  • Application Opening Date : 17.11.2017
  • Application Closing Date : 07-Dec-2017
  • Date of Exam : December 2017/January 2018

 

Important Links

 

Click here for more bank Jobs


Assistant – Graduate – Posted Date 18-Oct-2017

  • Designation Name : Assistant
  • Date Posted : 18-Oct-2017
  • Last Date : 10-Nov-2017
  • Total Vacancies : 623
  • Location : Mumbai (Maharashtra)(jobs in Maharashtra)

 

Details regarding Assistant job post at RBI

 

  • Age Limit : Minimum & Maximum age limit is 20 to 28 years as on 01.10.2017
  • Age Relaxation: For SC/ST Candidates 05 years, For OBC Candidates 03 years & For PWD Candidates 10 years.
  • Pay Scale : Rs. 34900/- Per Month
  • Nationality : Indian
  • Minimum Qualification: Candidates should be a Bachelor’s Degree in any discipline with a minimum of 50% marks (pass class for SC/ST/PWD candidates) in the aggregate and the knowledge of word processing on PC. (graduate-jobs)
  • Selection Process : Selection will be based on Preliminary Test, Main Test & Interview .
  • Application Fee : Candidates have to pay Rs.450/- (Rs.50/- for SC/ST/PWD/EXS) hrough Online using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
  • Application Mode : Apply Online
  • How To Apply : Interested candidates may apply online through the website http://www.rbi.org.in from 18.10.2017 to 10.11.2017. there after link will be disabled.Note:-
    Online Preliminary Test (Tentative) : 27 & 28.11.2017

 

Important Dates for Assistant at RBI

 

  • Application Opening Date : 18.10.2017
  • Application Closing Date : 10-Nov-2017
  • Date of Exam : 20.12.2017

 

Important Links

 

Click here for more bank Jobs


Chief Financial Officer – Post Graduate – Posted Date 12-Oct-2017

  • Designation Name : Chief Financial Officer
  • Date Posted : 12-Oct-2017
  • Last Date : 30-Oct-2017
  • Total Vacancies : 01
  • Location : Mumbai (Maharashtra Mazi Naukri)(jobs in Maharashtra)

 

Details regarding Chief Financial Officer job post at RBI

 

  • Age Limit : Maximum age limit is 57 years as on 01.10.2017
  • Age Relaxation: NA
  • Pay Scale : Rs. 120500/- Per Month
  • Nationality : Indian
  • Minimum Qualification: Candidates should be a qualified Chartered Accountant / Cost Accountant / MBA (Finance). (post-graduate-jobs)
  • Selection Process : Selection will be based on Interview.
  • Application Fee : NA
  • Application Mode : Apply Offline
  • How To Apply : Interested candidates may apply in prescribed application form along with relevant documents send to The General Manager, Reserve Bank of India Services Board, IIIrd Floor, RBI Building, Opp. Mumbai Central Railway Station, Byculla, Mumbai – 400008 on or before 30.10.2017.

 

Important Dates for Chief Financial Officer at RBI

 

  • Application Opening Date : NA
  • Application Closing Date : 30-Oct-2017
  • Last Date for Challan Generation : NA
  • Last Date for Payment of Fee : NA
  • Date of Exam : NA
  • Date of Interview : NA

 

Important Links

 

Click here for more bank Jobs


RBI Result – Officer (Grade-B) Final Result

With Reference to Vacancy for the post of Officer advertised by RBI. Based on performance Reserve Bank of India has Declared final result for the Post of Officer . Aspirant may check their result at below link…

Click Here Officer (Grade-B) Final Result (16 Nov 2017)

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