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Online Application 2014
The National Centre for Financial Education (NCFE) will be holding a national level test on finance for school students in 2014 year, with an aim to measure their awareness on the subject. The National Financial Literacy Assessment Test (NCFE-NFLAT) would be held on January 12, 2014, for students studying in classes 8 to 10. NCFE has been set up by National Institute of Securities Markets (NISM) with the support of all the financial sector regulators in India such as Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI).

Important Dates:
Registration opens                                        : November 1st, 2013
Registration closes                                    : November 29th, 2013
Examination Date                                           : January 12th, 2014 (Sunday)
Results Declaration                                      : January 23rd, 2014

Exam Pattern:
Exam Duration                                         : 1 Hour
Question Paper Language                    : Hindi or English (as per student Choice)
Number of Questions                 : 75 Multiple Choice Questions
Negative Marks                               : 25% (0.25 Mark one wrong answer)

Award for Schools:

Highest Participation  : Top 25 Schools will be a awarded Rs.25K( at least 50 Students appeared for the test)
Highest Success         : Highest Level of Financial Literacy among its students. Top 6 Schools will be awared Rs.25K

Syllabus for the test:
- Money Matters: Smart Goals and Financial Analysis
- Budgeting: Balancing the Means and the Ends
- Understanding insurance and risk management
- Understanding Investments
- Basics of Banking
- Introduction to Stocks
- Investments: The wider Spectrum
- Beyond Savings: Borrowing
- Retirement as a financial goal 

Written by:Srinivas Reddy
Look Results Updated at: 6:57 AM