November 29, 2013, 12:27 pm
In a bid to make its students economically more aware and educate them on the current fiscal scenario, the Central Board of Secondary Education in association with National Institute of Securities Markets (NISM), Mumbai is going to hold the National Financial Literacy Test (NFLT). This will be first national-level test to measure the level of financial literacy and basic knowledge among school students.
The test will be conducted for students from Classes VIII to X, across the country. The initiative is aimed at encouraging students to obtain basic financial skills and give a measure of financial literacy at the national-level. This test is the first step to build a nation, which not only understands the value of money but also has the right knowledge and skills required for taking responsible financial decisions.
NISM is the nodal agency for the implementation of the National Centre for Financial Education (NCFE) in association with the CBSE. It is one step towards better job prospects and improved financial knowledge among the students.
NCFE is a joint initiative of India’s financial services regulators Reserve Bank of India (RBI),Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority ( IRDA), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC).
The test is scheduled for January 12, 2014 and is a bilingual (Hindi and English) test comprising of 75 questions analyzing the basic concept of finance and business.
Registration for the NFLT ends on Friday. CBSE chairman Vineet Joshi said: It is important to educate the next generation on economics. Fiscal knowledge plays such an important role in our lives that crucial decisions depend on it. This test would help children study in this direction and understand economics better."
View: 15075
September 11, 2025, 8:47 pm
Dubai, September 11, 2025 – In a significant step toward enhancing educational opportunities for the Indian diaspora, India’s Union Minister of Education, Dharmendra Pradhan, revealed plans for the Central Board of Secondary Education (CBSE) Read more...September 7, 2025, 2:26 pm
New Delhi, September 7, 2025: In a landmark move, the Supreme Court has ruled that the Central Teacher Eligibility Test (CTET) is now mandatory for teachers to continue in service. This decision, aimed at raising the bar for quality education, means Read more...September 7, 2025, 12:49 pm
New Delhi, September 7, 2025 : The Central Board of Secondary Education (CBSE) has rolled out an exciting new initiative to make board exams more inclusive for Children With Special Needs (CWSN). Starting September 9, 2025, schools can register eligi Read more...July 22, 2025, 1:42 pm
Students who appeared for the Central Board of Secondary Education (CBSE) Class 12 compartment examinations 2025 are keenly awaiting their results, which are anticipated to be released in the first week of August 2025. While an official date from the Read more...July 22, 2025, 1:41 pm
The Central Board of Secondary Education (CBSE) is set to expand its two-tier subject system to Science, Technology, Engineering, and Mathematics (STEM) for students in Classes 11 and 12. This move, which is an extension of a model already in place f Read more...July 22, 2025, 1:39 pm
The Central Board of Secondary Education (CBSE) is exploring a new system where Class 11 and 12 students could choose between two difficulty levels for Science and Mathematics. This initiative, part of the National Education Policy (NEP) 2020, aims t Read more...June 2, 2025, 1:35 pm
New Delhi, June 2, 2025 : The Indian Institute of Technology (IIT) Kanpur has officially declared the JEE Advanced 2025 results today, June 2, 2025, at 10:00 AM IST. Candidates who appeared for the highly competitive exam can now check their results Read more...May 30, 2025, 10:14 pm
The Central Board of Secondary Education (CBSE) has officially opened the registration window for the Supplementary Exams 2025 starting today. Students who were unable to clear one or more subjects in the CBSE Cl Read more...May 13, 2025, 11:30 am
New Delhi, May 13, 2025 – The Central Board of Secondary Education (CBSE) has officially declared the Class 12 board examination results for the academic year 2025, bringing relief and excitement to over 16 lakh students across India. The results, Read more...May 9, 2025, 2:42 pm
However, based on the latest updates and previous year’s trends, the results are expected to be declared soon, most likely in the second week of May 2025. Some sources suggest the results might be announced between May 8th and May 13th, 2025. � Read more...
