Reserve Bank of India (RBI) Young Scholars Award Scheme-2012
Designation: Young Scholars Award Scheme
Eligibility : Any Graduate, Other Courses
Location : Mumbai
Job Details:
Reserve Bank of India (RBI/Bank), invites applications for Young Scholars Award Scheme-2012
Educational Qualification: All students across India who have completed 10 + 2 years of formal education or its equivalent from recognized institutions/boards in 2011 or before and are currently pursuing their undergraduate studies. However, those having enrolled for or having acquired degree (s) higher than graduation will not be eligible. Candidates who have qualified and worked at RBI as a Young Scholar in any of the previous years are not eligible to apply again.
Number of Seats : A maximum of 150 young scholars would be awarded scholarship by the RBI every year under the scheme.
Age: Candidates should be of age 18 years or more but less than 23 years as on September 1, 2011.
Entrance Examination : The entrance exam will be conducted in English, Hindi and 11 other regional languages. The regional languages will be Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Oriya, Punjabi, Tamil, Telugu and Urdu. The exam will be held at around 100 different locations spread all across the country.
Examination Pattern : 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.
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 of RBI. They will be expected to complete the same in a reasonable time, subject to a minimum of 2 months and a maximum of 3 calendar months
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.
Company Profile :
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
How To Apply:
Candidates willing to apply for the scholarship may apply online. There is no fee for application or examination. Applications sent through any other mode such as by post or courier etc will not be accepted. The application should be filed online before 16th December , 2011.
Edit/ Update Application Details :
Date of Commencement of Application 08/11/2011
Date of Closure 12/12/2011
Date of Closure for Edit 14/12/2011
Last Date for Reprint 27/12/2011
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