Reserve Bank of India (RBI) Research Officer Recruitment
Advertisement for the post of Research Officer in Grade ‘B’ (DR) for Department of Economic and Policy Research (DEPR)
SUBMISSION OF THE APPLICATION :
Candidates can apply for the post either on the prescribed Application (OFF-LINE) or submit the application ON-LINE followed up by sending a printout (hardcopy) of the online application to the Board’s office.
i. ON–LINE: The candidate can apply ON-LINE using the link/URL http://onlinedr.rbi.org.in Detailed ‘Instructions for Applying ON-LINE’ are available on this link. Candidates should read the instructions carefully and then click on “Apply” link. Salient features of the system of ON-LINE Application are given hereunder :
a) Before starting filling up of ON–LINE application, a candidate must purchase the DD or IPO for Rs. 100/- (except SC/ST/PWD candidates who are exempted from payment of fees).
b) Fee exempted category candidates can straightway fill the ON–LINE application.
c) Candidates NEED to take a PRINTOUT (hard copy) of their ON-LINE Application after submission of the data through the system. A signed photograph must be pasted (not to be stapled) at the specified place on the printout and the candidate must sign on the printout of the application and attach DD or IPO of Rs.100/- (if required to pay fee).
d) Candidates need to send the system generated print out (hard copy) of the ONLINE Application to the Reserve Bank of India Services Board’s Office (RBISB) by ordinary post. In case the print out (hard copy) is not received by the Board by the CLOSING DATE mentioned in this advertisement, the ON-LINE application will not be entertained and will be rejected.
e) Applications should not be submitted more than once. Duplicate applications will not be entertained and will be rejected.
f) The ON-LINE applications can be submitted till 11.59 P.M. on June 27, 2011 after which the link will be disabled.
ii. OFF–LINE: The candidates must apply in the Application format published in this advertisement. It should be typed or neatly handwritten in Hindi or English on a good quality “White A- 4 size” paper. All the relevant columns in the application (except PWD category and Fee, if not applicable) must be filled legibly or typed. Incomplete and illegible applications will be rejected.
iii. OFF-LINE Application or printout of the ON-LINE Application (hard copy), as the case may be, have to be sent by ordinary post to “The General Manager, Reserve Bank of India Services Board, Post Bag No. 4618, Mumbai Central Post Office, Mumbai-400008” The cover should be superscribed "APPLICATION FOR THE POST OF RESEARCH OFFICERS IN GRADE ‘B’ for DEPR"
iv. OFF-LINE Application or printout of the ON-LINE Application (hard copy), as the case may be, in closed cover, may also be deposited in the box specially kept for the purpose at Reserve Bank of India, Opposite Mumbai Central Railway Station, Mumbai Central, Mumbai 400 008.
v. Candidates should apply either by ON-LINE mode (followed up by sending a printout of the online application) or OFF-LINE mode. They should not submit application by both the modes. Duplicate applications will be rejected.
(i) The ON-LINE applications can be submitted till 11.59 P.M. on June 27, 2011.
(ii) OFF-LINE Application or the printout of the ON-LINE Application (hard copy), as the case may be, should reach the Board’s Office on or before 6.00 P.M. on July 4, 2011.
(iii) In the case of App. received only by post from candidates living abroad, in Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura; Ladakh division of Jammu and Kashmir State; Lahaul and Spiti Districts and Pangi Sub-division of Chamba district of Himachal Pradesh; Andaman and Nicobar Islands and Lakshadweep, the last date of receipt of Applications will be on or before 6.00 P.M. on July 11, 2011. For Applications received in any manner other than by post, the benefit of extended time will not be available.
(iv) The Board takes no responsibility for any delay in receipt of Applications or loss thereof in postal transit.
For details visit: http://www.rbi.org.in/scripts/bs_viewcontent.aspx?Id=2362
Reserve Bank Of India
The Reserve Bank of India is an institution established in 1935 under the Reserve Bank of India Act of 1934 under the British Raj. The Reserve Bank of India is the central bank of India which controls the financial policy of the rupee. The Reserve Bank of India has its headquarters in Mumbai and 22 other regional offices. The current governor of RBI is Dr. D. Subbarao.
The main functions of the Reserve Bank of India include,
The RBI issues and destroys currency which is unfit for exchange.
This helps in ensuring adequate supply of Currency with good quality.
Manage of Exchange Control
The RBI has to manage the Foreign Management Act of 1999.
This helps maintain Foreign Exchange market orderly development, payment, and external trade.
Supervisor and Regulator of Financial System
The RBI prescribes the limits of bank operations in the country.
This helps provide cost –effective banking services to the public, public confidence in the system and protect the depositor’s interest.
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