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 awareness 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.
Eligibility: Class VI to X
Student registration through School only
The test registration period shall be from 15th October, 2016 to 22nd November, 2016
For 2016-17 the NFLAT shall be conducted for students from Class 6th to 10th Standard.
NFLAT Jr. 2016-17: This test will be conducted for students of 6th to 8th Standard
NFLAT 2016-17: This test will be conducted for students of 9th and 10th Standard
NFLAT Test is available in Online (within school) or Offline (Pen & Paper) Mode
The Online test shall be conducted over a period of 44 days i.e. 25 November 2016 – 7 January, 2017.
The Offline test shall be available from 1 December 2016 to 10 December 2016 (10 days).
After the first round of offline/online test, NISM/NCFE shall compile scores of all the appeared candidates for NFLAT (6th to 10th Std) through suitable moderation, if required, and rank the top 10 schools from each zone (South, East, West, North and Central).
No Fee: The test is completely free
Students can refer the following study materials to prepare for the test.
· Introduction to Retirement Planning English
· Commodity Futures Market English
· Personal Finance for School Students English
· Financial Education Material by RBI Basics of Banking
· Financial Education Material by IRDAI Basics of Insurance
The above materials are for reference only. Students are advised to prepare for the test based on the topics mentioned in the detailed NFLAT syllabus.
Prizes and Recognition
Cash reward of Rs. 35,000 and a Shield/Trophy
Certificates, Medals & Laptops.
Cash reward of Rs. 25,000 and a Shield/Trophy
Certificates, Medals & Tablets/Kindles
All students who have appeared in the second round but failed to advance to the next shall be felicitated with a Certificate and Cash Rewards/Gift vouchers categorized as Certificate of Special Recognition and their respective schools would be felicitated with a Shield.
Certificate of Participation
All the remaining students participating in the test (NFLAT Jr. and NFLAT)
Visit the website at http://www.ncfeindia.org/nflat for further information