RBI Young Scholars Award Scheme - Eligibility

Reserve Bank Of India (RBI) has Young Scholars Awards Scheme. The purpose of this initiative is to create awareness among youngsters about actual banking, functions of Reserve Banks, State Banks etc.

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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.