RBI Young Scholars Award Scheme 2009

The Reserve Bank of India (RBI) has launched the RBI Young Scholars Award Scheme to generate interest in and awareness about the Indian banking sector and RBI. Under the scheme, the RBI will select a maximum of 150 young scholars through a countrywide competitive examination and awarded a scholarship.

Selection test will focus on the role and functions of RBI and banks in India and will be held in English as well as all major regional languages. Selected candidates will be required to work on projects in select offices of RBI for 2 to 3 months and will be paid a consolidated stipend of Rs 7,500/- per month during the duration of the project. RBI will assist outstation awardees in boarding and lodging. The awareness shall have no right/claim for an appointment in the RBI. Any candidate who had qualified and worked at RBI under the RBI Young Scholar Award Scheme in any of the previous years need not apply again.

Eligibility

All students across India, between 18 to 23 years age, who have completed 10 + 2 years of formal education or its equivalent from recognized institutions/boards in 2009 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.

There is no application fee

Important Dates

Last date for application: online by 21.10.2009, offline by 28.10.2009.

The selection test will be held on January 10, 2010 at various centres across India.

The results of the selection test are likely to be announced in the middle of March 2010.

How to Apply

Desirous candidates may submit applications to

Project Coordinator, RBI Young Scholars Award Scheme, Project no 8709, Post Box no. 7632, Malad (West), Mumbai-400064

For application forms, details of centres, syllabus and model question papers visit RBI Young Scholars Award Scheme