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NCFE India NFLAT 2015 National Financial Literacy Assessment Test

Organisation : National Centre for Financial Education
Announcement : NCFE – NFLAT 2015 – 16 National Financial Literacy Assessment Test
Reference Number : CBSE/Acad./AD(R&I)/ NCFE/2015

Register : ncfenflat.sifyitest.com
Notification : https://www.contest.net.in/uploads/1868-NFLAT_brochure.pdf
Home Page : http://ncfeindia.org/nflat
Detailed syllabus : https://www.contest.net.in/uploads/NFLAT_Detailed_Syllabus.pdf
Mock test / Sample Exam Question Paper : https://www.ncfe.org.in/

NCFE-NFLAT  :

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

Update : NCFE NFLAT 2018-19 National Financial Literacy Assessment Test : www.contest.net.in/38186.html

National Institute of Securities Markets (NISM) has been identified as the nodal agency for the implementation of the National Strategy for Financial Education (NSFE) in the country. In this regard, NISM has set up National Centre for Financial Education (NCFE) with the support of all the financial sector regulators in India, namely, 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 this 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 skill at an early age leading to sound financial decisions later.

In continuation with CBSE supported NCFE-NFLATs conducted in years 2013-14 and 2014-15, the 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 (NCFE-NFLAT 2015-16) being conducted on 28 and 29 November, 2015.

Awards :

Schools: Top 30 Schoolswill be given cash award of Rs. 25000/- along with Trophy/ Shield.
Students:Winners will be felicitated with laptops,tablets,medals, cash awards and certificates.

Important Dates :

Registration Opens: 1st September 2015
Registration Closes: 17th October 2015
Examination Date: 28th & 29th November 2015

Test Specifications :

No Fee: The test is completely free
Registration: Online & on first come first serve basis
Venue: 250+ test centers across India
Duration of examination: 1 hour
Medium of examination: English and Hindi
Number of Questions: 75
Type of questions: Multiple choices with combinations of 1-mark, 2-marks and 3-marks questions.
Negative marking of 25% for wrongly attempted questions i.e., -0.25 for 1-mark questions, -0.5 for 2-marks questions, -0.75 for 3-mark questions.

General Instructions :

** School registration is mandatory for the student registrations. No direct registration is available for students.
** As there are only limited seats available for this test, these seats will be allotted on first come first served basis. Registration may close early if the available seats are filled early.
** The examination consists of 75 questions to be completed in 1 hour.
** There is no passing mark for this test and all participants will receive a certificate.
** Please note that there is negative marking of 25% for wrongly attempted questions i.e., -0.25 for 1-mark questions, -0.5 for 2-marks questions, -0.75 for 3-mark questions, etc.
** The National award winners of last year (NCFE -NFLAT 2014-15) shall not be considered for national & regional Awards in this year’s NFLAT (i.e. NCFE-NFLAT 2015-16).
** The Regional award winners of last year (NCFE -NFLAT 2014-15) shall not be considered for regional awards in this year’s NFLAT (i.e. NCFE-NFLAT 2015-16) but they would be considered for national awards in this year’s NFLAT (i.e. NCFE-NFLAT 2015-16).
** Test would be available in two languages i.e. English & Hindi

** Punctuality in Attendance:
You should be present at the examination hall before the time given in the hall ticket/ admit card. Candidates arriving late will not be permitted to enter the Examination Hall.

** Hall ticket/ admit card to be submitted before Test:
Bring this hall ticket/ admit card in original with a passport size photo duly pasted & attested by the head of the institution (with school stamp).You will not be permitted to appear for the examination if you do not bring the hall ticket/ admit card as instructed. You should hand over your hall ticket/ admit card to the invigilator in the examination hall

** Compliance with instructions:
You should scrupulously follow the instructions given by test administrator and the invigilators at all the stages of the examination. If you violate the instructions you will be disqualified and may also be asked to leave the examination hall.

** Use of Books, Notes and Copying or Receiving/Giving Assistance Not Allowed:
No calculator, separate or with watch, pagers, cellphones, books, slide rules, foot rules, note-books or written notes will be allowed inside the examination hall. Any candidate who is found either copying or receiving or giving assistance will be disqualified.
** Do not leave your seat unless you are allowed.

** Use of Stationery:
You must bring a ball point pen with you.

** Rough work to be done on the sheet provided: You should do all the necessary rough work on the sheet provided only. After the test is over, you should hand over the sheet, given for rough work to the invigilator before leaving the examination hall.

** Travelling Allowance not admissible:
No travelling allowance or other expenses in connection with the examination will be paid.
** The travelling, boarding & lodging expenses for attending the Grand Award Ceremony will be reimbursed to all award winners as per the NCFE norms.
** NCFE’s decision in this regard shall be final and binding on all the participants.

Contact Us :

For any queries, write to us at nflat@nism.ac.in or Call us at 022- 66735100/01/02/03/04/05
NISM Bhavan,
Plot No. 82, Sector – 17,
Vashi, Navi Mumbai – 400 703
Maharashtra, India

This post was last modified on June 18, 2021 1:12 PM

Categories: ZZ-Old-Archived-Posts
Tags: ncfeindia.org

View Comments (95)

  • I want to know this test is only for school students or anyone will be able to apply for this test?

    • From the Website :

      The National Winners, Regional Winners and Winning Schools would be awarded in the Award Ceremony (Invitations to which would be sent separately).

    • From the Website :

      The National Winners, Regional Winners and Winning Schools would be awarded in the Award Ceremony.

  • Can I get my email id again?
    Name : vasu sareen
    class : 10
    School : Modern Public School Shalimar Bagh.

  • Can you please send some of the sample questions for this?
    Is this paper based on our school syllabus or anything else?
    Please send some sample questions.

    • FRIEND, THIS EXAM HAS NO PARTICULAR SYLLABUS. EVERY THING IS BASED ON UR FINANCIAL KNOWLEDGE AND THE SAMPLE QUESTIONS ARE AVAILABLE ON THE MOCK TEST WEBSITE.

    • It will provide only 1 hour. There will be 75 questions, there will be 1 mark question, 2 mark question, 3 mark questions. And you have to reach at what time is given in your admit card.

    • Can I stop the course in the middle of the module?
      Yes, you can stop the module when needed, and re-open it and navigate to the page you left off. The system will save the details about the module that you have completed, and the ones that are still incomplete. So when you revisit the course you can start again where you left off.

    • You have to read the instructions given to you in the question paper given to you for the exam.

      If it is an online exam, there will be a provision to correct your marking.
      If it is an offline paper and pen exam, you have to read the instruction and act accordingly.

    • I think this is an online exam and there must be a provision to change the answer during exam. All the best to you.

    • You could register for the course here : http://www.dhangyan.com

      FAQ for this course:
      I registered last year; do I use that user ID, password or create a new one?
      If you have not logged in for more than three months, then you will need to register again to reactivate your ID.

      Can I register in my mother/fathers name?
      You have to register with your own name and surname for this course. This is because the certificate you receive at the end will have the same name that you use at registration.

      Can I stop the course in the middle of the module?
      Yes, you can stop the module when needed, and re-open it and navigate to the page you left off. The system will save the details about the module that you have completed, and the ones that are still incomplete. So when you revisit the course you can start again where you left off.

      Can I put the sound off?
      Yes, there is a mute button on the upper right hand corner of the screen that you can click on to put the sound off.

      I do not have a mobile number.
      If you do not have a mobile number, you can leave that entry field blank.

      I do not have an email ID, can I register?
      Yes, the screen has an option “Create your email ID”, click on that and create an ID to complete the registration. If you are under 13 years old, you can also register for the course without an Email ID.

      I forgot my Login ID.
      There is an option to retrieve your login ID from our system. Click on the link for “Forgot my Login ID” and it will guide you through a process of entering some details and will then provide you with your Login ID.

      I completed the a module, but I want to do it again, can i?
      Yes, all the modules can be completed more than once by the user. You need to click on the icon of the particular module to access it again.

      I want to do one of the locked modulea now.
      The locked modules cannot be accessed until the user completes all the modules before it. The user must follow the sequence of the modules and do each module as it gets unlocked.

      I have completed all 9 modules but did not get my certificate.
      After you complete all 9 modules, you will have to complete a course-end assessment. If you score more than 50% on this assessment, you will get the Tata Capital and CERE verified certificate. You can attempt this assessment as many times as you want to improve your score.

      I want to give the NFLAT. How do I register for it?
      Your school has to first register for the NFLAT. Approach your teacher or principal about the NFLAT exam if you are interested. You can find more information about it at https://ncfeindia.org/

      I have done 6 modules, I want my certificate. Why isn’t it getting generated?
      The TATA Capital verified certificate will be issued only once the user has successfully completed all 9 modules and the course-end assessment.

    • NFLAT would cover the following topics:
      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 and Bonds
      Investments: The wider Spectrum
      Beyond Savings: Borrowing
      Retirement as a financial goal

  • Can I please have the detailed syllabus for nflat class 8?
    I cannot find it in the site given by our school or ncfeindia.org/nflat

  • The syllabus for this exam is too large. It is very difficult for a child to understand all these concepts in a little time. As we know that difficulty level is must but not like this

  • The syllabus for this exam is too big,both content and standard wise, for students of 8,9 and 10. I have seen the text books of these standards in CBSE,very less of the given syllabus is there. Don’t you think it would be little more for the students?

  • My doubt is that what type of questions are going to ask on this exam and what are the benefits of attending this exam and what are the benefits of the certificate?

    • NFLAT would cover the following topics :
      ** 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 and Bonds
      ** Investments: The wider Spectrum
      ** Beyond Savings: Borrowing
      ** Retirement as a financial goa

      About NCFE-NFLAT :
      We believe financial literacy is an important life skill for the holistic development of each student. NCFE's National Financial Literacy Assessment Test (NCFE-NFLAT) is a step in that direction. This is a first of its kind national level test, conducted by the National Centre for Financial Education (NCFE), to measure the level of financial literacy among school students. Through this test NCFE aims to encourage school students to obtain basic financial skills which are essential for their full participation in society

  • Need to have syllabus for my son Nisarg Bhatt, studying in Std. 8 at Ahmedabad.
    Ref. National Financial Literacy Assessment Test 2015-2016 on 28-29 November 2015
    NCFE/NFLAT.
    Not able to find syllabus on network, if possible please provide through scan facility at my below E-Ml. address & oblige.

  • Class 8, 9, 10 students have to give exam together may be the questions are also same. So it will quite difficult for student of class 8?

  • Check out: play.google.com/store/apps/details?id=air.com.callystro.games.nflatfinlitapp (Close 1000 practice questions for each module)
    and
    finlitgame.com (20 great games for learning the concepts)

    This would help.

  • The syllabus for this exam is too big,both content and standard wise, for students of 8,9 and 10. I have seen the text books of these standards in CBSE,very less of the given syllabus is there, don't you think it would be little more for the students?

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