NLFT Financial Literacy Test By CBSE on 12 January 2014

Monday, December 16, 2013

NLFT Financial Literacy Test By CBSE on 12 January 2014

NLFT Financial Literacy Test 2014 Details, Syllabus of NLFT Financial Literacy Test 2014 By CBSE, CBSE NLFT Financial Literacy Test Paper Pattern, Mard Distribution & Sample Paper NLFT Financial Literacy Test 2014, Timetable of NLFT Test CBSE 2014.

NLFT Financial Literacy Test Jan 2014 Details - WITH a view to make students aware about finance scenario. Central Board of Secondary Education (CBSE) has planned to hold the first ever National Financial Literacy Test (NLFT) across the country.

The lest will be for students from Class VIII to X. the National Financial Literacy Test (NFSE) is India's first national-level test to measure the level of Financial literacy and basic knowledge on economics among school students. CBSE is collaborating with die National Institute of Securities Markets (NISM) Mumbai. to hole the examination.

The main motto of CBSE to conduct this test is to encourage students lo obtain basic financial skills and give them a measure of financial literacy. It is part of a larger plan of the Board to train students in different skills such as communication, leadership and management, among others.

In education curriculum, two things students miss mostly, one is communication and oilier is financial aspects. Fiscal knowledge plays an important role that would help resolving crucial problems. This test would help children study in this direction and understand economics better, said a CBSF teacher.

The test is scheduled on January 12, 2014. and is a bilingual (Hindi and English) test, comprising of 75 questions analyzing the basic concept of finance and business.

NISM is the nodal agency for implementation of the National Centre for Financial Education (NCFE) in association with the CBSE. 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).

Important Points & Details about NLFT Financial Literacy Test 12 Jan 2014 :

It is optional in nature. Only those students who wish to take this test willingly may appear.
It will be conducted in the month of April. 2014 as per the following schedule.