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The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937 RBI Young Scholar Exam Reserve Bank of India (RBI) introduced a new scheme for Young Scholars throughout country i.e RBI Young Scholars Award Scheme, all the students who are in the young age and holding graduation courses in any of the university can have a chance to participate in the scholarship award scheme, every year Awards will be divided into different categories. Educational Qualification: All students across India 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. Age : Candidates should be of age 18 years or more but less than 23 years Address: Project Coordinator, RBI Young Scholars Award Scheme, PO Box 9722, Borivali east, Mumbai – 400066.
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