RBI scholarship scheme 2019: Only 5 days left! Check details, how to apply

RBI scholarship scheme 2019: The Reserve Bank of India has invited applications as per prescribed format from full-time faculty members, teaching economics or finance in any University Grants Commission (UGC) or All India Council for Technical Education (AICTE) recognised Universities/Colleges in India to undertake short term research in the areas of monetary and financial economics, banking, real sector issues and other areas of interest to the Reserve Bank. The aim of the scholarship scheme is to increase awareness about the activities of the Reserve Bank among faculty members and student community and to provide exposure to faculty members teaching economics and/or finance in different areas/activities of operations in the Reserve Bank.

"The scholarship scheme for faculty members aims at bringing on board scholars, who would be able to undertake and pursue critical projects successfully and thereby contribute to the Reserve Bank’s research universe. The Reserve Bank of India invites full-time faculty members teaching economics or finance in any UGC or AICTE recognised Universities/ Colleges in India to undertake short-term research in the areas of monetary and financial economics, banking, real sector issues and other areas of interest to the Reserve Bank," RBI said. 

There are a total of five scholarships. The candidates will be shortlisted on the basis of the (a) research proposal of not more than 1000 words, (b) curriculum vitae and (c) interview by a selection panel, RBI said in a notification. 
Duration of Project: Three months, commencing August 1, 2019.

Last date for application: May 31, 2019.

Eligibility

The eligibility criteria for the scheme are as follows:
Full-time faculty teaching economics and/or finance in any UGC-recognised Universities/Colleges in India.
Indian nationals.

Age below 55 years.

Selection Procedure

The applicants need to send a research proposal of not more than 1000 words and detailed curriculum vitae along with the duly filled in application form. The candidates will be shortlisted on the basis of the research proposal and curriculum vitae. The shortlisted candidates will then be interviewed by a selection panel. The candidates found suitable would be invited to undertake research on the theme decided by the Reserve Bank.

How to apply

The application in hard copy may be forwarded to ‘The Director, Development Research Group, Department of Economic and Policy Research, 7th Floor, Central Office Building, Reserve Bank of India, Fort, Mumbai - 400 001’. The application should be sent along with detailed curriculum vitae and the research proposal.

The soft version of the application (in addition to hard copy) and/or any queries related to the scheme may be sent to email. For more details check RBI official website.