NCFE-National Financial Literacy Assessment Test

It is India’s first of it’s kind national-level test to measure the level of financial literacy among school students.  The Assessment would test students about their basic financial knowledge on topics such as money, budgeting, investment, banking, savings, insurance, retirement planning and financial planning.  Targeted towards school students of Classes VIII to X, this is the first of it’s kind test in India aimed at encouraging students to obtain basic financial skills and also giving a measure of Financial Literacy of students at the national-level.

Schedule

Registration Opens: 1st November 2013 (Register here)

Registration Closes: 29th November 2013

Test Date*: 12th January 2014  (Sunday) - National Youth Day

Result Declaration: 23rd January 2014 - Netaji Subhash Chandra Bose's Birth Anniversary

Prizes

Level	For	Number	Certificate Type	Prizes
National	All India Toppers	National Top-5 (1-2-3-4-5) - Total 5 national awards	Certificate of Accomplishment	Medal, Laptop, Felicitation at an event conducted for this.
Regional	North, South, East, West & Central (5 regions)	Regional Top-3 (1-2-3) – Total 15 regional awards (National winners excluded)	Certificate of Accomplishment	Medal, Tablet Computer, Felicitation at an event conducted for this.
National	All India Top-100 after excluding the above 20 national and regional medal winners	All India Top-100 after excluding the above 20 national and regional medal winners	Special Recognition Certificate	Cash reward of Rs.2,000/- per student.
Participants  in the top 50 percentile	These are in the top-half of the total test-takers based on their performance in the test	This number varies based on the number of test-takers. For eg.: If 100,000 take the test, then 50,000 will be placed in this category.	Merit Certificate	-
All the remaining participants	-	-	Certificate of Participation	-

Registration and details