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National test on financial literacy for school children

The National Centre for Financial Education (NCFE) will be holding a national level test on finance for school students next 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 VIII to X, a statement issued by market regulator Sebi said today.

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).PTI


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