Reserve Bank Grade 'A'/'B' Officer's Examination : Introduction
Banking has become one of the most challenging sectors in the country.
It is a well-paid, secure and satisfying career prospect. Openings are
available in banks at various levels, from Bank Clerical to Probationary
Officers (PO). Often it is perceived as a career option for commerce/economics
students, but in reality, a majority of bank officers are from different
streams of education. Bright graduates from any subject can get entry
in the Public Sector Banks through an All India
Examination conducted by them. The exam is a stepping-stone for a career
in the Banking Industry.
The Indian banking can be broadly categorized into Nationalized (government
owned), Private banks and Specialized banking institutions.The Reserve
Bank of India www.rbi.org.in acts a centralized monitoringbody in the
Indian financial sector.
The Reserve Bank of India was established on April 1,
1935, as the Central Bank of the country, in accordance with the provisions
of the Reserve Bank of India Act, 1934 with its Central Office at Mumbai.
RBI is governed by the Central Board, which is appointed/nominated by
the Government of India for a period of four
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years and there are four Local Boards one each for the four regions of
the country in Mumbai, Calcutta, Chennai and New Delhi. The function of
Central Board is to look after general superintendence and direction of
the Bank's affairs, and the Local Boards is to advise the Central Board
on local matters and to represent territorial and economic interests of
local cooperative and indigenous banks.
The Recruitment to Reserve Bank Officers 'Grade 'A'/'B'
exam is conducted by Reserve Bank of India Service Board, Mumbai.
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