Introduction

Are you worried about the declining job security and high competition amongst law graduates?

Are you a law graduate looking for a secure government job?

Do you want a top-tier legal job that has no complicated qualification requirements?

If you are wondering whether there is an opportunity for law graduates in the most reputed central bank of this country that provides job security, high pay, and assured growth over the duration of your career, then the RBI Grade B Law Officer exam is perfect for you.

The RBI Grade B Law officer exam can get you a Law Officer’s appointment with posting in metropolitan cities of Mumbai, Kolkata, Delhi and Chennai.  The job has a heavy focus on the banking and regulatory sector, one of the highest pays in the government sector, and the perks of being a public sector employee. 

The exam is consistently held every year, and you have an opportunity to work in big cities because the legal team of these banks is posted in big cities and works closely with their headquarters.  

Why you should attempt the RBI Grade B Law Officers Exam

• Lower competition compared to exams like judiciary and civil services
• If you don’t crack RBI Grade B Law officers exam you can still prepare for  SEBI Grade A or SBI SO (Law) Exam as the syllabus is complementary - reach out to our counsellors for a plan.  
• Opens up opportunities for lucrative private sector jobs in the financial sector

Key features of the RBI Grade B Law Officers Exam

The selection takes place through a written exam as well as an interview. The written exam is divided into 2 papers of 3 hours each. 

Paper 1  consists of objective and descriptive questions pertaining to the knowledge of law. The objective questions are of 30 marks while the descriptive element is for 120 marks. 

Paper 2 is of 100 marks. It tests English language skills pertaining to Essay, Precis writing, comprehension and business/office correspondence and is descriptive in nature.

Both the papers are conducted on the same day, one in the morning and second in the afternoon. 

Eligibility:  Minimum age is 21 years and maximum is 32 years. 

There are age relaxations for.  

Candidates possessing LLM degree - 3 years and candidates possessing Ph.D in Law - 5 years

There is no limit on the number of attempts.   

You must have obtained an LLB degree with a minimum of 50% marks. 

 Additionally, you should have 2 years of experience in any one of the following: 

• Be enrolled as an advocate with the State Bar and practise as an Advocate/ Legal Consultant/ Legal Assistant/ Associate in Advocates or Solicitor’s office or,
• You may be appointed as a Law Officer in the Legal Department of a large bank, financial institution, statutory corporation, company, State or central Government or, 
• You may be working as a full time teacher in a Law College or University. 

Key highlights of LawSikho’s RBI Grade B Legal Officer exam training program

• Minimum two live classes per week of 1-1.5 hrs each, recordings available
• Updated study materials on our Learning Management System
• Weekly timetable and target setting  
• Hard copies provided, no need to buy additional books 
• Dedicated preparation for interviews, start studying for both papers and interview from Day 1 
• English language covered from scratch specifically to cater to needs of law students and law graduates
• Practice assignments every week
• More than 100 mocks for both papers (self-assessment) + monthly mocks
• Specialised sessions and mocks for last-minute revision
• Guest lectures from Specialist Officers who cleared the exam
• Daily support on current affairs and financial awareness
• One on one counselling support via Zoom sessions

Syllabus of LawSikho’s RBI Grade B Law Officer Training Program

Concept and exhaustive practice modules comprising difficulty levels of easy, tough and assorted on the basis of comprehensive notes, quizzes and written assignments: 

Part 1: General Knowledge of Law 

I. Constitutional Law 
II. Administrative Law 
III. Principles of Statutory Interpretation
IV. Law of Evidence 
V. Contract Act, 1872
VI. Transfer of Property Act, 1872 
VII. Negotiable Instruments Act, 1881 
VIII. Registration Act, 1908 
IX. Code of Civil Procedure, 1908 
X Legal Drafting 
XI. Banking Regulations 
XII. Financial Laws 

Part 2: English 

- Essay Writing 
- Precis Writing 
- Comprehension 
- Business and Office Correspondence

Part 3: Interview 

- Technical support on legal and non legal knowledge component

- Regular sessions with experts on how to prepare for the interview round 

- Detailed feedbacks of personality rounds
 
- 5 Panel interviews 

Money-back policy

After following the weekly time-schedules, attending all the live classes and attempting weekly Practice Tests for the initial one month, if you feel that the course is not up to the mark, we guarantee you a refund.

View Refund Policy

What is the career potential after doing this course?

If you qualify as an RBI Grade B Law Officer you can start at the level of Assistant Manager with one of the highest pay scales in a government sector job of Rs. 1,08,404.
 
It takes 7 years for a Grade B officer to get promoted as Grade C and 5 years to be eligible to get promoted from Grade C to D and D to E both. The hierarchy level is as follows:

• Assistant Manager 
• Manager 
• Assistant General Manager 
• Deputy General Manager 
• General Manager 
• General Manager 
• Chief General Manager 
• Principal Chief General Manager 
• Executive Director
• Deputy Governor 
• Governor 

If you want, you can always shift to working in international private sector banks or other international institutions such as IMF and World Bank, NBFCs or other financial-sector organisations after working for a few years, due to your vast experience which is extremely valuable for any such organisation.

Training Methodology

Online 24/7 access

Access to basic study material through online learning management system, Android and iOS app

Hard Copy Study Material

Hard copy study material modules to be couriered to your address at extra printing cost

Practical Exercises

Daily quizzes as per Weekly targets and bi-monthly time bound mocks based on the syllabus covered.

Live Online Classes

There will be live video based online live classes based on concepts and practice sessions. You can ask questions, share your screen, get personal feedback in this class.TBased on the exercises, there will be a live video based online class. You can ask questions, share your screen, get personal feedback in this class.

Convenient Class timings

Classes are held at conducive timings after regular work hours keeping in mind the requirements of college students as well as working professionals. Weekend classes are given preference.

Live Doubt Clearing

You can ask questions, get your doubt cleared live, through counselling support as well as through online forums

Certification

This course is recognized by the National Skill Development Corporation, a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. You will receive a certificate cobranded by NSDC and Skill India on successful completion.

This is how the certificate from NSDC and Skill India will look as per the current applicable format (may change as per the approval authorities):

Client Opportunities & Recruitment Support where required

Many employers, law firms and companies are happy to recruit our high performing students. If you do well in your exercises and classes, we can help you to get jobs, internships and assessment internships in good law firms, with renowned lawyers as well as in various companies and fast-growing startups. 

Our team helps our students in building their profile on LinkedIn and freelancing platforms to increase their reach to the potential recruiters or clients, and earn on the side by performing remote work.

We also share multiple internship/recruitment opportunities every week in our course groups. 

Our experts guide the students on how to crack interviews, including assisting with mock interviews.

Our mentorship team helps students to design their own path based on their personal interests.

What are my backups if I am unable to clear this exam?

No matter how seriously you prepare, success in a competitive exam is never a certainty. 

The most relevant backups are attempting the SEBI Grade A exam, IBPS SO (Law) exam as well as the SBI SO exam.   

In addition, you can also attempt the UGC Net exam in case you are planning to do a Masters or have attained an LLM degree. While the syllabus is not entirely similar, there are many common subjects. With some additional preparation, you can prepare for these exams effectively.  

If you do not qualify any of these exams despite preparing seriously, you can opt for private sector jobs. You will have a huge advantage over other applicants due to hundreds of hours of preparation in financial sector subjects which others will not have.    

We also recommend that you clear the Limited Insolvency Exam organised by the IBBI, even if you do not have 10 years of experience as a practitioner. 

This will give you another advantage while applying for private sector jobs in law firms,  accountancy and CS firms, banks, supply chain financing companies, NBFCs, and other securities and financial sector organisations, as many of these organisations prefer to hire IBBI Limited Insolvency Exam qualified candidates. 

Speak to our counsellors for any available packages regarding preparation for backups. 

How can I be financially independent while I prepare for this exam?

Our team assists you to learn skills which will help you in performing remote freelance work as a paralegal for startups, lawyers, law firms and companies in developed countries like US, UK and Canada and earn on the side. Please reach out to our counsellors to learn more about how you can access these services.

Note: Hard Copy

We provide for Hard Copies, but the cost is not originally included in the current sum charged. Upon undertaking the Course you may order for hardcopies by incurring an approximate cost of Rs. 5000 (Shipping Charges extra).  The content that is covered in hard copies has further been demonstrated in the Course guidelines.

Scheme of the Exam

Syllabus for Paper 1 

General Knowledge of Law (Objective and Descriptive Type):

I. Constitutional Law II. Administrative Law III. Principles of Statutory Interpretation IV. Law of Evidence V. Contract Act, 1872 VI. Transfer of Property Act, 1882 VII. Negotiable Instruments Act, 1881 VIII. Registration Act, 1908 IX. Code of Civil Procedure, 1908 X. Legal Drafting, etc. 

The above syllabus is only indicative and not exhaustive 

Syllabus for Paper 2

Essay, Precis writing, Comprehension and Business/ Office Correspondence

Scheme of Selection 

Selection will be through Online and Offline Examinations and Interview. 

Examinations shall consist of objective and descriptive type of question papers as detailed below:

Question Paper 1 (General Knowledge of Law) will be set in Hindi and English. Answers may be written either in Hindi or in English. Candidates may answer the interview questions in Hindi or English at their option. 

The number of candidates to be called for an interview will be decided by the Board based on the marks scored in the examination. Final selection will be on the basis of the performance in the examination (Paper I and II) and interview taken together.