Press Release - National Financial Literacy Assessment Test 2015-16 for School Children - Policy Holder

IRDAI Admin

    28 Sep 2015

Press Release - National Financial Literacy Assessment Test 2015-16 for School Children

National Centre for Financial Education (NCFE) has been set up by National Institute of Securities Markets (NISM) with the support of all the financial sector regulators in India, namely, Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC) to further the cause of financial literacy and inclusion in India in a collaborative manner. It has been identified as the nodal agency for implementation of the National Strategy for Financial Education (NSFE).

 

NCFE’s National Financial Literacy Assessment Test (NCFE-NFLAT) is a step in the direction of financial literacy and financial inclusion. By conducting a national level test, NCFE plans to motivate school students (of classes VIII to X) to learn the concepts of finance and also measure their financial awareness for inculcating important life skills leading to sound financial decisions later.

Schedule

Registration for NCFE-NFLAT has started from September 1, 2015 and will be accepted only through schools. Schools may enroll themselves by following http://www.ncfeindia.org/nflat.

Important dates are as follows:

Particulars

Date

Registration opens

1st September ,2015

Registration Close

17th October , 2015

Exam

28th and 29th November,2015

Results Declaration

16th December,2015

The duration of the test will be 60 minutes in which students will have to answer 75 questions. The test will be conducted in both English and Hindi and would include topics related to basic concepts of finance. Syllabus of topics is available on http://www.ncfeindia.org/nflat.


The test is free of cost and registration is on first come first serve basis.

Prizes  

For Schools: Top 30 Schools will be awarded cash rewards of Rs. 25000/- along with a  trophy/shield. 

For Students: Winners of the NCFE-NFLAT exam will be felicitated with laptops, tablets, medals, cash reward and certificates. 

  • For more details,  visit NCFE website: - http://www.ncfeindia.org/nflat 
  • For further queries/ information please contact – National Institute of Securities Markets, NISM Bhavan, Plot No. 82, Sector-17, Vashi, Navi Mumbai - 400703.
  • Phone Number: 022- 66735100-05 I Fax: 022-66735100-05