It is India’s first of it’s kind national-level test to measure the level of financial literacy among school students. The Assessment would test students about their basic financial knowledge on topics such as money, budgeting, investment, banking, savings, insurance, retirement planning and financial planning. Targeted towards school students of Classes VIII to X, this is the first of it’s kind test in India aimed at encouraging students to obtain basic financial skills and also giving a measure of Financial Literacy of students at the national-level.
We believe that imparting real life financial skills to school students is critical to their holistic development. This test is the first step in that direction to build a nation which not only understands the value of money but also has the right knowledge and skills required for taking responsible financial decisions.
School students appearing for the National Financial Literacy Assessment Test (NCFE-NFLAT) can check their Financial Literacy score and also get an opportunity to win lots of prizes like laptops, tablets and cash rewards!
There are prizes for schools too!