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Bhopal, September 19-20, 2026 –– The National Institute of Securities Markets (NISM), in collaboration with the Securities and Exchange Board of India (SEBI), successfully conducted
the Central Regional Round of the National Financial Literacy Quiz (NFLQ) 2026 at Sant Hiradam Institute of Management for Women (SHIM), Bhopal on September 19 and 20. The two-day event brought together undergraduate and postgraduate students from Madhya
Pradesh and Chhattisgarh who competed in an interactive format covering financial markets, investment principles, investor protection and responsible financial practices.
The Central round marks the sixth and last regional round of NFLQ 2026, following the North Eastern Regional Round held in Guwahati, Eastern Regional Round held in Kolkata, Southern Regional Round held in Bengaluru, Northern Regional Round held in New Delhi and the Western Regional Round held in Mumbai. The nationwide initiative received participation from more than 4 lakh students in the college and online qualifying rounds. Based on their performance, leading teams progressed to the regional rounds being held across the North Eastern, Eastern, Southern, Northern Western and Central regions of India.
NFLQ 2026 is part of NISM’s broader outreach programme aimed at strengthening students’
understanding of the securities market and encouraging informed financial decision-making. The quiz covers areas including financial products, market mechanisms, investor rights, regulations and the role of market intermediaries, helping participants develop practical knowledge of India’s financial ecosystem. The initiative is being conducted from July to September 2026, with regional rounds scheduled across Mumbai, New Delhi, Bengaluru, Bhopal, Guwahati and Kolkata. The top- performing teams from these rounds will advance to the National Finale in November 2026, where they will compete for national honors at the NISM Campus, Patalganga, Rasayani, Maharashtra.
The Grand Finale will be held at NISM Campus, Patalganga, Rasayani, Maharashtra, where the top- performing teams from across the country will compete for national honors.
Prizes for Top three winners in each category of the regional rounds:
Undergraduate Category:
1st Prize – Rs. 40,000/- BTech and BBA VIT Bhopal University, Bhopal
2nd Prize – Rs. 30,000/- Department of Commerce, St. Aloysius’ College, Jabalpur
3rd Prize – Rs. 20,000/- Survey Department (LLB), Amity School of Law, Gwalior
Postgraduate Category:
Additionally, 12 UG colleges from the Central Zone qualified to advance to the National Rounds. The list of selected institutions is as follows:
| 1 | BTech and BBA, VIT Bhopal University, Bhopal |
| 2 | Department of Commerce, Vindhya Institute of Technology and Science, Satna |
| 3 | Survey Department (LLB), Amity School of Law, Gwalior |
| 4 | Department of Arts, Commerce and Science, Saifia Science College, Bhopal |
| 5 | Department of Commerce, St. Aloysius’ College, Jabalpur |
| 6 | Department of Management, Shri Vaishnav Institute of Management and Science, Indore |
| 7 | Department of Business Administration, Symbiosis University of Applied Sciences, Indore |
| 8 | Department of Commerce and Management, SAM Girls College, Bhopal |
| 9 | Faculty of Management Studies, Medicaps University, Indore |
| 10 | Faculty of Management, Jagran Lakecity Business School, Bhopal |
| 11 | Department of Management, School of Management OP Jindal University, Raigarh (Wild card) |
| 12 | Department of Commerce and Management, Lakshmi Narain College of Technology, Bhopal (Wild card) |
There were 12 PG colleges from the Central Zone qualified to advance to the National Rounds. The list of selected institutions is as follows:
| 1 | Department of Finance and Accounts, Indian Institute of Management (IIM), Raipur |
| 2 | Department of Management, International Institute of Professional Studies, Indore |
| 3 | Department of Commerce, Maharaja Agrasen International College, Raipur |
| 4 | Department of Finance and Accounts, Jaipuria Institute of Management, Indore |
| 5 | MBA, Sant Hirdaram Institute of Management, Bhopal |
| 6 | Department of Management, Shri Vaishnav Institute of Management and Science, Indore |
| 7 | MBA, Amity Business School, Amity University, Raipur |
| 8 | School of Economics, Devi Ahilya Vishwavidyalaya, Indore |
| 9 | MBA, Symbiosis University of Applied Sciences, Indore |
| 10 | MBA, Vindhya Institute of Technology and Science, Satna |
| 11 | MBA, Sage University, Bhopal (Wild card) |
| 12 | Faculty of Management Studies, Shri Shankaracharya Technical Campus, Bhilai (Wild card) |
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