RBI (Reserve bank of India) is an apex body of Banks and was founded in 1935 in Kolkata as a private Bank. But after Nationalisation in 1949, it was shifted to Mumbai and became a Government Bank of India. Its function is to look after the functioning of:
· It controls Inflation
· Regulates Banking System
· Issues Bank Notes
· Acts as a lender to private as well commercial banks
· It controls Credit
· Takes care of Monetary Policy
It has 27 offices all over the country and 4 sub – Offices which are divided into 34 Departments. The RBI Recruitment which is for the post of RBI Assistant is 27.
The Minimum Education Qualification requirement for applying for RBI Recruitment for an assistant is Bachelor’s Degree in any discipline from any recognized. The age limit is 20 years and the upper age limit is 28 years with the age relaxation for SC/ST is 5 years, OBC it is 3 years and for PWD Candidates is 10 years.
The Job of the RBI Assistant are:
· To ensure financial stability, currency issue and circulation, banking document verification, data entry and replying to mail, attending to government treasury work and file work.
This exam enables RBI to find the best for the job. The salary ranges 14000 to 35000.