RBI DEPR 2027 Exam Preparation – Complete Guide


Why Choose Our RBI DEPR 2027 Online Course?

Are you preparing for the RBI DEPR 2027 Exam? Our comprehensive RBI DEPR Online Course is designed to help you succeed with expert coaching, in-depth coverage of the RBI DEPR Syllabus, and high-quality RBI DEPR Test Series. Whether you aim to strengthen theoretical knowledge or sharpen exam-taking skills, our tailored approach ensures you’re fully prepared for every aspect of the RBI DEPR 2027 Exam. With proven strategies, interactive learning, and personalized support, our RBI DEPR Coaching offers the best resources to help you achieve top scores. Start your RBI DEPR 2027 journey today!


How to Prepare for RBI DEPR 2027 – A Strategic Approach

A strategic and comprehensive preparation plan is essential to maximize your chances of success in RBI DEPR 2027. Begin by acquainting yourself with the RBI DEPR Syllabus, ensuring a thorough understanding of topics covered in RBI DEPR Phase-1 and Phase-2. To bolster your preparation, consider enrolling in Testonomics’ top-notch RBI DEPR Online Courses, which provides expert guidance and in-depth curriculum coverage. Complement your studies with targeted RBI DEPR Test Series to gauge progress and identify areas needing attention. By adopting this holistic approach to RBI DEPR 2027 Preparation, you’ll be well-equipped to navigate the exam and secure a competitive edge.


1. What is the RBI DEPR Exam?

The RBI DEPR Exam refers to the Reserve Bank of India (RBI) Department of Economic and Policy Research (DEPR) Exam, conducted by the RBI to recruit candidates for the position of Grade B Officer (DEPR) . This is the entry-level position in departments such as the Department of Economic and Policy Research, Monetary Policy Department, and others. The exam provides an ideal opportunity for students with a Master’s degree in Economics / Finance to pursue a career in Economic Research with RBI.


2. RBI DEPR 2027 – Expected Exam Dates

 
EventExpected Date
RBI Grade-B 2027 Newspaper NotificationMid-2027
RBI DEPR 2027 Phase-1 & Phase-2 Exams~40 days after notification 

3. RBI DEPR Job Description (Post-Selection)

Candidates who qualify the RBI DEPR Exam are posted as Grade-B (Manager) Officers in the Reserve Bank of India. Initial postings are usually in the Department of Economic and Policy Research (DEPR) or Monetary Policy Department (MPD) , where they provide research inputs for policy-related decision making.

Research Agenda Includes:

  • Macroeconomic challenges facing the Indian economy

  • Monetary policy, growth, and inflation dynamics

  • Financial markets and forecasting of macroeconomic variables

  • Banking sector analysis, financial stability, and external sector management


4. RBI Grade B DEPR Salary & Perquisites

Working at the central bank of the fastest-growing economy comes with an attractive compensation package—and RBI doesn’t disappoint.

Pay Scale:
₹78,450/-p.m. in
the pay scale of ₹78450-4050(9)-114900-EB-4050(2)-123000-4650(4)-
141600 (16years)

Gross Emoluments (April 2026, without HRA): ~₹1,54,936/month
Annual CTC (initial): ~30+ lakh

Perquisites Include:

  • Bank accommodation (subject to availability) or leased housing (e.g., up to ₹90,000/month rent in Mumbai)

  • Vehicle maintenance, newspaper, telephone, book grant, furnishing allowance

  • Free dispensary + OPD/hospitalization reimbursement

  • Interest-free festival advance

  • Leave Travel Allowance (LTA) once every 2 years (self + spouse + dependents)

  • Concessional loans for housing, vehicle, education, consumer articles, PC, etc.


5. RBI DEPR 2027 Selection Criteria

Selection in the RBI DEPR Exam depends on marks scored in Phase-1Phase-2, and the Interview Stage. Vacancies are filled by selecting candidates scoring the highest total marks in their respective categories.

PhasesNumber of PapersMarks
Phase-12200 Marks
Phase-22200 Marks
Interview StageNA75 Marks
Total4 Papers475 Marks


6. RBI DEPR 2027 Exam Pattern – Phase-1 & Phase-2

Selection in RBI DEPR 2027 will follow the revised scheme of examination. The pattern consists of 4 Papers – 2 at Phase-1 and 2 at Phase-2 – followed by an Interview before the RBI Services Board.

RBI Grade-B DEPR Examination: Scheme of Selection

PhaseName of the PaperDurationMaximum Marks
Phase-IPaper – I : Objective Type (on Economics)120 Minutes100
Paper-II: Descriptive English (Answers to be typed with the help of Keyboard)120 Minutes100
Phase-IIPaper-I: Descriptive Type (on Economics)
Question paper displayed on computer screen, Answers to be written on paper)
120 Minutes100
Paper-II: Descriptive Type (on Economics)
Question paper displayed on computer screen; Answers to be written on paper)
120 Minutes100
Total400


7. RBI DEPR Phase-1 – Paper-1: Economics (Objective)

Questions in this paper can be expected from core economics fields, including:

  • Microeconomics

  • Macroeconomics

  • Statistics

  • Econometrics

  • Indian Economy

RBI Grade-B DEPR Examination: Phase-I Details

PhaseName of the PaperNumber of QuestionsMaximum MarksTime
Phase-IPaper-I: Objective Type (on Economics)65 MCQs (each having 4 options)
30 Questions carrying 1-mark each and 35 Questions carrying 2-marks each
100120 Minutes
Number of Questions – 4
(Paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic)
100120 Minutes
Total200 Marks

Negative Marking:

  • 1-mark questions → –⅓ mark for wrong answers

  • 2-mark questions → –½ mark for wrong answers


8. RBI DEPR Phase-1 – Paper-2: Descriptive English

This paper assesses writing skills, including expression and understanding of the topic. Questions include:

  • Essay (~520–550 words)

  • Précis writing

  • Reading Comprehension

  • Letter writing


9. RBI DEPR Previous Year Trends (Phase-1 Economics)

 
YearPaper Style
2019, 2021Heavily numerical-based
2022, 2023Mix of basic + factual + some numericals
2024, 2025Factual questions across subjects, including Indian Economy
2026Mostly numericals or APPLIED questions ; only a few factual questions

Strategy Tip: Keep your RBI DEPR 2027 preparation broad-based – cover theoretical, factual, and numerical dimensions of all subjects using our RBI DEPR Online Course and RBI DEPR Test Series to practice effectively.


10. Criteria to Qualify RBI DEPR Phase-1 Examination

To qualify each Phase, candidates must secure minimum marks (cut-off) as prescribed by the RBI Services Board. Based on the Phase-1 Examination, candidates who score above the prescribed cut-off in Paper-1 and Paper-2 will be shortlisted for Phase-2 of the RBI DEPR 2027 examination.

11. RBI DEPR 2027 Phase-2 Exam – Papers Overview

The RBI DEPR 2027 Phase-2 Exam consists of 2 descriptive Papers (Paper-3 and Paper-4) on Economics. These papers test candidates’ understanding of core subjects and their ability to write well-structured descriptive answers.

A strong command of the RBI DEPR Syllabus and regular practice through our RBI DEPR Test Series and RBI DEPR Online Course are essential to excel in this stage.


RBI DEPR 2027 Paper-3: Microeconomics and Macroeconomics

This paper assesses conceptual clarity and analytical ability in core economic theory.

Select Microeconomics Topics :

  • Consumer’s Equilibrium

  • Producer Theory

  • Market Structure

  • Welfare Economics / General Equilibrium

Select Macroeconomics Topics :

  • IS-LM Model

  • AD-AS Framework

  • International Economics

  • Growth & Development Theories


RBI DEPR 2027 Paper-4: Quantitative Economics and Indian Economy

This paper tests quantitative skills, statistics, econometrics, and knowledge of the Indian economy.

A Few Quantitative Economics Topics:

  • Measures of Central Tendency & Dispersion

  • Index Numbers

  • Probability Theory

  • Econometrics

  • Numericals from Microeconomics and Macroeconomics

Select Indian Economy Topics :

  • Monetary Policy

  • Fiscal Policy

  • Inflation Targeting

  • Exchange Rate & Interest Rate Dynamics

  • Financial Sector Reforms

  • Employment & Growth


Detailed RBI DEPR 2027 Syllabus

For a complete breakdown of all topics across Phase-1 and Phase-2, refer to the detailed RBI DEPR Syllabus


12. How Our RBI DEPR Online Course & Test Series Help You Crack Phase-2

  • ✅ In-depth Video Coverage – Each topic in the RBI DEPR Syllabus is explained from basics to advanced level.

  • ✅ RBI DEPR Test Series – Includes Phase-1 to simulate real exam conditions.

  • ✅ Numerical & Econometrics Focus – Special emphasis on problem-solving and quantitative sections.

RBI DEPR Interview

The number of candidates to be called for interview will be decided by the Board. Interview will be of 75 marks. Candidate may opt for interview either in Hindi or English

RBI DEPR Exam Notification, RBI DEPR Cut-Off, RBI DEPR Marks of Selected Candidates 

RBI Grade-B DEPR: Previous Years’ Notification, Phase-I Exam, Phase-II Exam, Interview and Final Result Dates

Panel YearNewspaper Advertisement DateApplication Link Open on RBI WebsitePhase-I Exam DatePhase-II Exam DateInterview MonthFinal Result Date
2019Sep 2019Sep 20199 November 201902 December 201919 October 2020
202125 Jan 202128 Jan 20216 March 202131 March 202128 – 31 August 202111 September 2021
202221 March 202228 March 20222 July 202206 August 202212-14 October 202222 October 2022
202326 April 202309 May 202316 July 202302 September 2023 (Result on 20 October 2023)05 – 12 January 2024 (DSIM Inteviews ended on 20 Jan)25 January 2024
202419 July 202425 July 202414 September 202426 October 2024 (Result on 17 December 2024)Jan 2025 (DEPR interviews ended on 21 Jan)04 Feb 2025
202508 Sep 202510 Sep 202519 October 202507 December 2025 ((Result on 30 January 2026)23 March – 10 April 202627 April 2026
202628 April 202629 April 202614 June 202626 July 2026—-

Panel YearOfficial NotificationVacanciesCut-OffMarks of Selected Candidates
2019RBI DEPR Notification 201920RBI DEPR Cut-off 2019RBI DEPR 2019_Marks of Selected Candidates
2021RBI DEPR Notification 202129RBI DEPR Cut-off 2021RBI DEPR 2021_Marks of Selected Candidates
2022RBI DEPR Notification 202231RBI DEPR Cut-off 2022RBI DEPR 2022_Marks of Selected Candidates
2023RBI DEPR Notification 202338RBI DEPR Cut-off 2023RBI DEPR 2023_Marks-of-Selected Candidates
2024RBI DEPR Notification 202421RBI DEPR Cut-off 2024
2025RBI DEPR Notification 202517RBI DEPR Cut-off 2022—-
2026RBI DEPR Notification 202510

Crack RBI DEPR Exam : Summary

The RBI DEPR Exam has become a highly competitive over the last few years. Serious Candidates appear for the RBI DEPR Exam after an extensive preparation and practice.

To crack the RBI DEPR Exam in your next attempt, you should devote time to completion of the syllabus and practice on a regular basis.

Begin with Subjects, such as Econometrics, that you find more difficult. Complete its syllabus as per a deadline. Then, begin attempting the Mock Tests. Similarly, try to complete all subjects well before the official RBI Grade B notification is released.

Attempt Mock Tests and Learn from your Mistakes.

All the Best for the RBI DEPR Exam !