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NCFE to conduct Financial Literacy Test for children

India Infoline News Service

12:29:00, Nov 14, 2013

The National Centre for Financial Education (NCFE) has invited all school students from classes VIII to X to participate in its National Financial Literacy Assessment Test (NCFE-NFLAT). To be conducted on January 12, 2014, the test would be of 60 minutes and would contain 75 questions.

The test would be conducted in both, English and Hindi and it would include topics related to basic concepts of finance. Interested schools can register or know more about this test on: Apart from attractive prizes to be won for students and schools, all students appearing for the test will also receive a participation certificate. There is no fee to appear in the test.

The objective of NCFE is to further the cause of financial literacy and inclusion in India in a collaborative manner. The 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 acquire the important life skill of managing finances at an early age leading to sound financial decisions later.

Registrations for the test have opened from November 1, 2013 and will be accepted only through schools. No individual registrations would be entertained. Before registrations open, the schools could enroll themselves by following the link on the NISM website-