To
encourage learning about the Reserve Bank of India (RBI) - the central bank of
India, among the youth of the country, RBI has decided to launch ‘RBI
Young Scholars Award Scheme’. The purpose of the scheme is to expose youngsters
to an actual banking and financial environment and also to inculcate a sense of
pride in the selected ones of having had the opportunity to associate themselves
with a prestigious organisation, the central bank of the country.
1 Eligibility (A) Educational
Qualification: All students across India who have completed 10 + 2 years
of formal education or its equivalent from recognized institutions/boards and
are currently pursuing their undergraduate studies. However, those having enrolled
for or having acquired degree(s) higher than graduation will not be eligible.
(B) Age : Candidates should be of more than 18 years
of age but less than 23 years as on December 1, 2007.
2 Number of Seats A maximum of 150 young scholars
would be awarded scholarship by the RBI every year under the scheme. Out of these,
a maximum of 50 candidates may be selected through a test conducted in English
medium. The rest, up to a maximum number of 100 shall be selected on regional
basis through a test conducted in vernacular medium.
3 Entrance Examination The entrance exam will
be conducted in English, Hindi and 11 other regional languages. The list of languages
is given below. The exam will be held at around 100 different locations spread
all across the country. The List of Centres is given below 4
Examination Pattern and Syllabus The examination
will be of objective type with multiple choices for answers. The paper will be
of approximately 90 minutes duration and will have questions related to role and
functioning of the RBI, the trend of banking industry in India and general economic
and financial environment of the country. 5 How
to prepare for the Exam Candidates
willing to appear for the exam may take help of the material available on RBI
Website www.rbi.org.in/youngscholars
The last two issues of the Report on Currency
& Finance, Report on Trend & Progress of Banking in India and the Annual
Report of RBI and such other documents will form part of the syllabus.
6 Placements and
Project Assignment The selected All India candidates
and the Regional Candidates will be placed at the nearest Regional Office designated
for the purpose, depending on the size of the office. The selected candidates
will be required to work within the RBI on projects/assignments allocated to them
by the respective Regional Director/Head of Central Office Department of the RBI.
They will be expected to complete the same in a reasonable time, subject to a
maximum of 3 calendar months. 7 Stipend During
their stint with the RBI, they will be paid a consolidated monthly stipend of
Rs.7500/- per head. For broken periods, the amount will be calculated on a pro
rata basis. 8 Accommodation During
their stay with the RBI, the selected scholars who do not have a place to reside
at the centre of placement will be assisted with accommodation for the duration
of their project. 9 How to Apply
Candidates willing
to apply for the scholarship may apply in the prescribed application form available
on www.rbi.org.in/youngscholars
either on line or offline. There is no fee for application or examination.
(A) Guidelines
for Online Application : - Candidates
should have a valid email ID.
- Go to the website
and follow the instructions.
- After applying
online, the registered candidates should obtain a system generated printout of
the registered information and sign at the appropriate place. A recent photograph
should be pasted on the print-out and sent along with attested copies of the certificate
on the address given below :
Project Coordinator,
RBI Young Scholars Award Scheme, PO Box 9055, Goregaon east, Mumbai -
400063. (B) Guidelines for filling Application Offline
- Go to the website www.rbi.org.in/youngscholars
- Download
the application
form for off-line mode.
- Fill the form completely and paste
your photograph at the appropriate place, sign at appropriate space and attach
attested copies of all the relevant documents.
Project Coordinator, RBI Young Scholars Award Scheme, PO Box 9722, Borivali
east, Mumbai - 400066. Superscribe
the envelope 'Application for the RBI Young Scholars Award Scheme 2007-08'. All
applications - sent online or offline - should be sent to the given address by
ordinary post only. 10. Last Date for Receipt of Application The
application and/or print-outs of application made online should reach the address
mentioned above before January 21, 2008 by ordinary post. For the candidates staying
abroad and for those posting print-out from Andaman & Nicobar Islands, Lakshadweep,
Minicoy Islands, Assam, Meghalaya, Arunachal Pradesh, Mizoram, Manipur, Nagaland,
Tripura, Sikkim, Ladakh Division of J & K State, Lahaul and Spiti District
and Pangi Sub-Division of Chamba District of Himachal Pradesh, the last date for
receipt of Print-out will be January 31, 2008. A print-out received after the
last date will not be entertained. The Bank/IBPS will not
be responsible for any loss of application/print-out in transit or for rejection
of application print-out because of non-receipt of print-out on or before the
stipulated date. 11. List of Centers
Sr.No. |
Centres |
Sr. No. |
Centres |
Sr.No |
Centres |
Sr. No |
Centres |
1. |
Agartala |
28. |
Dehradun |
55 |
Kolkata |
82 |
Rourkela |
2. |
Ahmedabad |
29. |
Delhi |
56 |
Kozhikode |
83 |
Rajahmundry |
3. |
Allahabad |
30. |
Dibrugarh |
57 |
Kareemnagar |
84 |
Raichur |
4. |
Amrtisar |
31. |
Dharwad |
58 |
Kottayam |
85 |
Shimla |
5. |
Anand |
32. |
Dharamsala |
59 |
Kanpur |
86 |
Sambalpur |
6. |
Aurangabad |
33. |
Ernakulam |
60 |
Kolhapur |
87 |
Silchar |
7. |
Asansol |
34. |
Guwahati |
61 |
Kohima |
88 |
Secunderabad |
8. |
Ajmer |
35. |
Gorakhpur |
62 |
Lucknow |
89 |
Salem |
9. |
Agra |
36. |
Gwalior |
63 |
Ludhiana |
90 |
Satna |
10. |
Aligarh |
37. |
Gandhinagar |
64 |
Madurai |
91 |
Shahdol |
11. |
Amravati |
38. |
Gangtok |
65 |
Mangalore |
92 |
Satara |
12. |
Bangalore |
39. |
Hyderabad |
66 |
Mumbai |
93 |
Surat |
13. |
Baroda |
40. |
Hazaribagh |
67 |
Mysore |
94 |
Siliguri |
14. |
Bhilai |
41. |
Howrah |
68 |
Muzaffarpur |
95 |
Shillong |
15. |
Bhopal |
42. |
Haldwani |
69 |
Machhlipatnam |
96 |
Srinagar |
16. |
Bhubaneswar |
43. |
Hissar |
70 |
Meerut |
97 |
Thiruvananthapuram |
17. |
Berhampur |
44. |
Imphal |
71 |
Nagpur |
98 |
Trichi |
18. |
Bhagalpur |
45. |
Indore |
72 |
Nashik |
99 |
Tirunelvelli |
19. |
Bikaner |
46. |
Itanagar |
73 |
Nellore |
100 |
Thane |
20. |
Bareilly |
47. |
Jaipur |
74 |
Nadiad |
101 |
Udaipur |
21. |
Bhavnagar |
48. |
Jammu |
75 |
Patna |
102 |
Udupi |
22. |
Belgaum |
49. |
Jodhpur |
76 |
Port Blair |
103 |
Varanasi |
23. |
Chandigarh |
50. |
Jalpaiguri |
77 |
Panaji |
104 |
Vijayawada |
24. |
Chennai |
51. |
Jamshedpur |
78 |
Pune |
105 |
Visakhapatnam |
25. |
Coimbatore |
52. |
Jorhat |
79 |
Raipur |
106 |
Vellore |
26. |
Cuttack |
53. |
Jabalpur |
80 |
Rajkot |
107 |
Warangal |
27. |
Cuddapah |
54. |
Kochi |
81 |
Ranchi | | |
12 Call Letter for
the Written Test Call letters for the written
test to be held on March 16, 2008 will be posted to all the candidates through
ordinary post under certificate of posting well in advance. However, if somebody
does not get the same by March 12, 2008 he/she should download the same from the
website. To download the duplicate call letter candidates should know their application
registration number which will also be available on the website.
GENERAL
INSTRUCTIONS a) Before applying for the scheme, the
candidate should ensure that he / she fulfills the eligibility and other norms
mentioned in the advertisement. Decision of the RBI in all matters regarding eligibility
of the candidate, the stages at which such scrutiny of eligibility is to be undertaken,
the documents to be produced for the purpose of the conduct of examination, selection
and any other matter relating to scheme will be final and binding on the candidate.
The RBI in this behalf shall entertain no correspondence or personal enquiries.
In case it is detected at any stage of selection that a candidate does not fulfill
the eligibility norms, and / or that he / she has furnished any incorrect / false
information or has suppressed any material fact(s), his / her candidature will
stand cancelled. If any of these shortcomings is / are detected even after selection,
his / her scholarship / stipend are liable to be terminated.
b) (i) Candidates must submit the attested photocopies of all the certificates
in support of educational qualification, date of birth and caste / disability
(if any). (ii) Candidates, belonging to SC/ST/OBC and category
should send an attested copy of their caste certificate issued by the competent
authority. However, these candidates will have to produce
original caste certificate / relevant certificates at the time of reporting failing
which his / her candidature will be cancelled. c) A print-out
not accompanied by copies of relevant certificates, where necessary, or not in
prescribed format or not signed by the candidate or incomplete in any respect
will not be entertained. d) A recent, recognisable passport
size photograph should be firmly pasted on the application and should be signed
across by the candidate. Three copies of the same photograph should be retained
for use at the time of written examination. Candidates are advised not to change
their appearance till the selection process is complete. Failure to produce the
same photograph at the time of written test may lead to disqualification. e)
Candidates should be willing to stay anywhere in India for project work / assignment.
f) Any request for change of address will not be entertained.
g) Any dispute relating to this Scheme shall be subject to the sole jurisdiction
of the Courts situated at Mumbai only. h) The RBI/IBPS
takes no responsibility to connect any certificate sent separately.
i) In case any dispute arises on account of interpretation in version other than
English, English version will prevail. j) No candidate
is permitted to use calculator, telephones of any kind, pagers or any other such
instruments. k) The candidates, including SC/ST candidates
will appear for the written examination at the allotted centres at their own expense.
l) The RBI/IBPS may at its discretion hold re-examination wherever necessary in
respect of a centre / venue / specific candidate(s). m)
Final selection of the candidates is subject to his / her being declared medically
fit as per the requirement of the RBI. n) Action against
candidates found guilty of misconduct : Candidates are advised
in their own interest that they should not furnish any particulars that are false,
tampered, fabricated or should not suppress any material information while registering
the information. At the time of Written Examination if a
candidate is (or has been) found guilty of : i) using unfair
means during the examination or ii) impersonating or procuring impersonation
by any person or iii) misbehaving in the examination hall or taking away the
question booklet/ answer sheet from the examination hall or
iv) resorting to any irregular or improper means in connection with his / her
candidature by selection or v) obtaining support for his
/ her candidature by any means, such a candidate may in addition to rendering
himself / herself liable to criminal prosecution, be liable : a)
to be disqualified from the examination for which he/she is a candidate b)
to be debarred, either permanently or for a specified period, from any examination
or recruitment conducted by RBI/IBPS. vi) The RBI would
be analyzing the responses of a candidate with other appeared candidates to detect
patterns of similarity. If as per the laid down procedure it is suspected that
the responses have been shared and the scores obtained are not genuine / valid,
the RBI / IBPS reserves the right to cancel his / her candidature. |