NCFE-NFLAT - National Financial Literacy Assessment Test (NCFE-NFLAT) 2018-19 - Competitions and Contests for Indian Students

Thursday, 18 October 2018

NCFE-NFLAT - National Financial Literacy Assessment Test (NCFE-NFLAT) 2018-19

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 the school students to obtain basic financial skills which are essential for their full participation in society and life time of well being.
NCFE-NFLAT was launched in the year 2013-14 by the NCFE which is setup as part of NISM, with support from all financial sector regulators i.e. RBI, SEBI, IRDAI & PFRDA for implementation of the National Strategy for Financial Education (NSFE).

Eligibility:  Class VI to X

Student registration through School only

Approach for NFLAT 2018-19
For 2018-19 the NFLAT shall be conducted for students from 6th to 12th Standard.
a. NFLAT Jr. : This test will be conducted for students of 6th to 8th Standard
b. NFLAT: This test will be conducted for students of 9th and 10th Standard
c. NFLAT Sr.: This test will be conducted for students of 11th and 12th Standard

Registration process
NFLAT 2018-19 is open till 31st March 2019.

Direct registration by the students is not allowed. For participating in the test, the student must approach his/her school.

Currently, registration is available only for those schools who want to conduct the Online Test (computer based) in their premises.

The registration and enrollment process involves the following 4 steps:

1. School Registration: In the first step the school needs to register itself for NFLAT 2018-19. Once the registration is complete, the school will receive a ‘User ID’ and ‘Password’.

2. Student Registration: in the second step, using the ‘User ID’ and ‘Password’ received, the school needs to upload the details of students interested to participate in the test. This completes the registration process.

3. Student Enrollment: After completing the registration process, schools are required to enroll their students by selecting a ‘Date and Time’ of their choice from the available list on the page. Accordingly, each enrolled student will receive a specific ‘User ID’ and ‘Password’.

4. Take the Test: Once a student has been enrolled for a particular ‘Date and Time’, the school must ensure that he/she appears for the test using the given ‘User ID’ and ‘Password’.

Study Materials
Students can refer the following study materials to prepare for the test.
NFLAT Sr. (Class 11th and 12th) students can refer the following additional study materials also to prepare for the test.
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.

Rewards and Recognition
To encourage students for obtaining basic financial skills, each participating student is awarded a certificate, based on their performance.

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