Those aspiring for a career in the Reserve Bank of India (RBI) will have to rework their method of preparation, thanks to the revised examination pattern for Grade B officers cadre.

A Grade B officer (direct recruitment) post is the launch pad to a bright career in central banking, with the possibility of reaching chief general manager and other top executive positions.

According to the announcement made by the RBI a couple of weeks ago, the scheme of two-phased examination, which is open to all graduates with the prescribed age limit as per the existing norms, has been modified from recruitment year 2015.

In place of the objective-cum-descriptive papers, candidates will now have to take wholly objective-type, multiple choice questions. However, the English language test will be descriptive and taken online.

Choice of paper

For the first time, candidates need to choose one optional subjects out of three — banking & finance, economics and statistics. Again in a first, for…

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