NABARD or The National Bank of Agriculture and Rural Development is known as the primary banking body, which is responsible for the overall development of the rural populace. The organization offers credit as well as other financial services, especially to the rural population. NABARD established itself in the Indian banking sector.
Many youths these days are aspiring for the NABARD examinations. Due to this reason, the selection process turned out to be quite competitive. Also, the NABARD Grade A vacancies as well as Grade B vacancies are limited, but with proper guidance and preparation technique, things won’t be an obstacle. Mainly, there are two grades, NABARD Grade A and Grade B. While Grade A is the assistant manager’s post, Grade B is the post of manager.
Differences
Talking about the differences, there are a few that set apart Grade A from Grade B. Here are some of the differences that you need to know about the NABARD examination.
Exam pattern as well as syllabus
The Grade A exam takes place in three stages, the prelims, mains, and the interview exam. If you want to know about the syllabus, then all three stages include a similar syllabus pattern. Prelims works as the screening test and the vacancies are sorted carefully. As a result, the merit list is designed accordingly.
Once you are selected for the mains, you have to attempt two papers. The first one is for all posts and the second one is for the specific post. To check your grammar and language skills, the first paper contains general English. This is more like a descriptive paper. Another paper is meant for the general post and contains questions from social issues, rural India, etc.
The other paper focuses on specific posts and centers on post-related topics. The final stage is the interview and contains 25 marks. Therefore, you have to perform well for getting selected.
The Grade B examination is divided into three stages. NABARDS Grade B exam syllabus is similar to the Grade A syllabus. However, the main contains five papers. The first one contains General English and is quite descriptive in nature. However, the second paper focuses on economic as well as social issues. Also, rural India is focused as well and the third paper emphasizes statistics, finance, and management, etc.
At last, the interview process is held and you have to consider it as the biggest hurdle since it can make or break the chances of selection.
Salary as well as pay
The assistant managers, which is the Grade A post have a basic salary of Rs. 28150- p.m. within the scale of 28150-1550(4) -34350-1750(7) – 46600 –EB – 1750(4)- 53600-2000(1)-55600.
Currently, the monthly gross emoluments are almost Rs. 61,000 p.m. However, the Grade B officers enjoy a basic salary of Rs. 35150 p.m. within the salary scale of 35150 – 1750 (9) – 50900 – EB – 1750(2) – 54400 – 2000 (4) – 62400.
At present, the initial monthly gross emoluments are almost Rs. 66864 p.m.
Types of perks and benefits
There are plenty of benefits and allowances that both Grade A and B officers enjoy. Due to this reason, many candidates target the NABARD examination. Listed below are some of the attractive benefits that you can get if you are selected in NABARD.
- Bank’s accommodation is subjected to availability.
- You will get reimbursement of expenses for maintaining vehicles, especially the ones used for official purposes, book grant, telephone charges, and internet and newspaper charges as per eligibility.
- You can get a free dispensary facility along with the reimbursement of the medical expenses, especially for the OPD treatment.
- Loans and advances that too at concession rates of interest when it comes to housing, education of children, car, and personal computer.
- In few centers, there are a limited number of residential quarters and you can get residential accommodation on lease.
- Coming to the Grade B post, the allowance rate is a bit higher.
Job profile
Coming to the job profile of Grade A, the post of assistant manager is the lowest when it comes to the hierarchy of the managerial posts. Talking about the probation period is of two years; however, you can extend it for a maximum of one year as per the direction of the bank.
As there is no particular work profile for the assistant manager, you have to go through multitasking. Also, an assistant manager has to work on different policies as well as programs of Central or State governments related to rural development or agriculture.
You might face issues with the postings throughout India. However, you will get posting only in the state capitals.
The managerial post is the next in the hierarchy to the assistant manager. Being a manager, you have to take up many responsibilities like maintaining customer relationships, approving loans, handling the smooth functioning of the office, etc. This is quite a demanding job and requires patience. Therefore, if you want to perform all these responsibilities, then you can apply for the Grade A or B post.
If you want to reach success, you cannot avoid obstacles. NABARD is one such organization that has achieved quite a huge name and fame. As a result, candidates every year fight for achieving the Grade A or B post. Hence, these are differences that you need to know about the Grade A and B post of NABARD.
