(Notification) NCFE-NFLAT 2015-16 "National Financial Literacy Assessment Test (NFLAT) for students of Classes VIII, IX and X."

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National Centre for Financial Education (NCFE) - ‘National Financial Literacy Assessment Test’ (NFLAT) for the students of Classes VIII, IX and X.

In continuation to NCFE-NFLAT 2013-14 and 2014-15, National Institute of Securities Markets (NISM), Navi Mumbai, invites all school students from classes VIII to X to participate in the National Financial Literacy Assessment Test (NCFENFLAT 2015-16) being conducted on 28 & 29 November, 2015.

National Institute of Securities Markets (NISM) has been identified as the nodal agency for the implementation of the NSFE. In this regard, NISM has set up National Centre for Financial Education (NCFE) with the support of all the financial sector regulators in India: 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.

NCFE’s National Financial Literacy Assessment Test (NCFE-NFLAT) is one such step in this direction. 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 so that they inculcate an important life skills at an early age leading to sound financial decisions later.

Registrations would start from 1st September, 2015 and will be accepted only through schools. School registration is mandatory for the student registrations. No direct registration is available for students.

The schools may enroll themselves by following the link on the NCFE website: (http://www.ncfeindia.org/nflat)

Important dates are as follows:-

Particulars	Dates
Registration opens Date:	1st September, 2015
Registration Close Date:	17th October, 2015
Exam Date:	28th & 29th November, 2015
Result Declaration:	16th December, 2015

The duration of the test would be 60 minutes and it would contain 75 questions. The test would be conducted in both English & Hindi and it would include topics related to basic concepts of finance. Syllabus topics available on the NCFE website: - http://www.ncfeindia.org/nflat

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

For School:

Top 30 Schools would be awarded cash rewards of Rs. 25000/- along with Trophy/ Shield.

For Students:

Winners of the NCFE-NFLAT exam would be felicitated with laptops, tablets, medals & cash reward & certificates. For more details NCFE website: - http://www.ncfeindia.org/nflat

All schools are requested to avail this opportunity.