RBI Jobs 2018: 06 Research Position Vacancy for M.Phil/Ph.D Salary 62,400 published on 20th November 2017

On 20/11/2017, RBI announced Job notification to hire candidates who completed M.Phil/Ph.D for the position of Research Position.
Vacancy 1 Research Position
Qualification M.Phil/Ph.D
Vacancies 06 Posts
Salary Rs. 35,150 - Rs. 62,400/- Per Month
Experience 5 - 7 years
Job Location Mumbai
Last Date to Apply 08/12/2017
Other Qualification Details:

1. Post: PhDs in Grade ‘B’ for Research Positions - 06 (General -03, SC - 01, ST - 0, OBC - 02)

2. Educational Qualifications (to be completed as on 01/11/2017): Ph.D. in areas of Economics or Finance from reputed universities (Indian or Foreign) is the minimum required educational qualification. The Bank will also look at those with interest and expertise in related areas in econometrics, computational and theoretical economics. High quality research potential and communication skills of international standards are essential.

3. Job Profile: Specific areas of our research interest include Monetary economics, ebanking and financial institutions, central banking, corporate finance, financial markets, financial regulation, financial stability, household finance, liquidity, payment systems and related areas of macro finance such as real‐financial sector linkages and international economics and finance. Candidates will be expected to do policy oriented research to assist in RBI’s economic policy formulation. Candidates should have the ability, background, and motivation to conduct quality research independently and also help develop a vibrant research environment. Candidates will also be expected to conduct high quality original research directed at the top economics and finance journals.

4. Nature of appointment Candidates may choose the option regarding appointments i.e. either (i) On regular appointment (on permanent basis) with a probation period or (ii) On contract basis. Choice for the option to be

5. Pay scale: Selected Candidates will draw a basic pay of Rs.42,150/- p.m. (four advance increments to candidates in the basic pay) in the scale of Rs.35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade ‘B’. They will also be eligible for Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs.82,745/-.

 

Age: The applicant should be below 34 years of age.
Application Fee: SC/ST/PWD - Rs.100/-, GEN/OBC - Rs.600/-, STAFF@ - Nil

General Instruction

1. Board does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of or for any reason beyond the control of the Board.Any canvassing by or on behalf of the candidates or to bring political or other outside influence with regard to their selection/recruitment shall be considered as disqualification.

2. The eligibility for availing reservation against the vacancies reserved for the physically disabled persons shall be the same as prescribed in "The Persons with Disability (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995." Provided further that the physically disabled candidates shall also be required to meet special eligibility criteria in terms of physical requirements/functional classification (abilities/disabilities) consistent with requirements prescribed.

3. Candidates seeking reservation/ relaxation benefits available for SC/ST/ OBC/PH/Ex-servicemen must ensure that they are entitled to such reservation/ relaxation as per eligibility prescribed. They should also be in possession of all the requisite certificates in the prescribed format in support of their claim as stipulated for such benefits, and these certificates should be dated earlier than the due date (closing date) of the application.

Important Date

1. Website Link Open – For On-Line Registration of Applications and Payment of Fees/Intimation Charges - November 20th, 2017 to December 08th, 2017

2. Last date for online Applications with prescribed fee - December 08th, 2017

Selection Procedure

Selection will be through interview only. A preliminary screening of the applications will be carried out for making, if necessary, a short-list of eligible candidates to be called for the interview/s. Preliminary interview of short listed candidates will be carried out by the Screening Committee. If required, candidates will further be short listed for second interview. Final selection will be made in the second round of interview.

How to Apply

1. The Online Applications can be filled up to December 08, 2017 till 12:00 midnight (IST).Candidates are required to apply only online using the website www.rbi.org.in. No other means / mode of application will be accepted. IThe applicants are advised to submit only single application; however, if due to any unavoidable situation, if he/she submits another/multiple applications, then he/she must ensure that application with the higher Registration ID (RID) is complete in all respects like applicants’ details, photograph, signature, fee, etc.

2. The applicants who are submitting multiple applications should note that only the last completed applications with higher RID shall be entertained by the Board and fee paid against one RID shall not be adjusted against any other RID.At the time of joining, the recommended candidates will have to bring proper discharge certificates from their PSU/Government/Quasi –Government employer.


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