RBI invites application for Scholarship Scheme for Faculty Members from Academic Institutions for undertaking short term research
The Reserve Bank of India invites application 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.
Number of scholarships are maximum of five and last date for application is May 31, 2019.
Applications are invited by Reserve Bank of India (RBI) for Scholarship Scheme for Faculty Members from Academic Institutions. 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.
1. Objectives
The broad objectives of the scheme are:
2. Eligibility
The eligibility criteria for the scheme are as follows:
3. Schedule of the Scheme
4. 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.
P.S.: Incomplete application/application received after the due date will not be considered for shortlisting.
5. Theme
The exact theme of the research for the scholars will be decided by RBI based on the research proposals submitted by the respective candidates.
6. Submission of Application
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 application (in addition to hard copy) and/or any queries related to the scheme may be sent to email.
7. Number of Scholarship
A maximum of five scholarships would be considered for 2019. The Reserve Bank, at its discretion, may vary the number of scholarships for any year.
8. Duration of the Project
The duration of the project is maximum three months.
9. Location of the Scheme
The scheme would be administered by the Department of Economic and Policy Research, Central Office, RBI, Mumbai. The selected candidates will be required to complete the study from their place of work. However, in certain cases, the Reserve Bank may ask the scholar to visit the RBI Central Office or its Regional Offices for a specified period during the study period.
10. Facilities
The major facilities that will be made available to the selected scholar would include:
Note: No accommodation or allowance for accommodation will be provided during the period of scholarship.
11. Responsibilities
The selected scholar will have the following responsibilities:
12. Guidelines for publishing/presenting the research paper outside RBI
During/after completion of the project and subsequent submission of the final report, if the scholar desires to publish/present the study outside RBI, the following guidelines are to be followed by the scholar –
The said study should not be considered as a ‘RBI funded project’.
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