NCFE National Financial Literacy Week Quiz(FLW) for School Students
by National Centre for Financial Education (NCFE)
₹2.75 Lakh in Cash Prizes
NCFE National Financial Literacy Week Quiz(FLW) for School Students is a competition by National Centre for Financial Education (NCFE) for students in Grade 6 to 12, open to students across India. It is free to take part.
Mode
Online
Eligibility
Grade 6 to 12
Fee
Free
Duration
30 minutes
Format
Individual
Time needed
Approximately 30 minutes for the online quiz.
About this opportunity
The National Financial Literacy Week (FLW) Quiz is an online competition organized by the National Centre for Financial Education (NCFE) in collaboration with key financial sector regulators including RBI, SEBI, IRDAI, and PFRDA. This proctored quiz aims to assess and improve financial literacy among school students across India, aligning with the National Strategy for Financial Education.
The competition is open to all students currently enrolled in any school or junior college in India, from Class 6 to Class 12. Participants are divided into three categories: Junior (Classes 6-8), Intermediate (Classes 9-10), and Senior (Classes 11-12). Only one entry per person is allowed, and participants must provide a valid email ID and mobile number for registration and communication. All participants receive an e-participation certificate, and top performers stand a chance to win exciting cash prizes up to ₹2.75 lakh.
Eligibility
- Grade level
- Grade 6 to 12
- Age range
- 11 to 18 years
- Location
- Nationwide
Academic requirement
Currently enrolled in any School/Junior College in India.
Prerequisites
- Basic understanding of financial concepts (refer to NCFE's e-library materials for preparation)
This quiz is open to all Indian students in Classes 6-12 (ages 11-18) who are currently enrolled in any school or junior college across India. Participants must be Indian citizens and can only submit one entry. A valid email ID and mobile number are required for registration and communication.
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Academic details
Difficulty: Advanced
What's covered
The quiz covers basic financial literacy concepts, aligning with the objectives of the National Strategy for Financial Education 2020 - 2025. Participants can refer to NCFE's financial education materials available on their e-library for preparation. Topics include financial planning, savings, investments, credit, insurance, and digital financial services.
Rewards and recognition
Award
₹2,75,000 in Prizes
Cash prizes from a total pool of ₹2.75 lakh will be awarded to the top-performing students across the Junior, Intermediate, and Senior categories.
Certificate
Certificate from NCFE & RBI
All participants receive an e-participation certificate upon successful completion of the quiz, recognized by NCFE and India's top financial regulators.
Recognized by
Recognition
National Level Recognition
Skills your child builds
Highlights
- Proctored online quiz for fair assessment
- Bilingual questions (English and Hindi)
- Collaboration with major financial sector regulators (RBI, SEBI, IRDAI, PFRDA)
- Focus on promoting financial literacy as a national objective
Exam format
- Total marks
- 30
- Duration
- 30 minutes
- Format
- Multiple Choice Questions (MCQ)
- Language
- English, Hindi
Rounds & format
The quiz consists of a single online round. Participants will answer 30 multiple-choice questions within a 30-minute duration. The quiz is proctored remotely.
How entries are judged
Students will be ranked based on the highest marks obtained. In case of a tie, the student who completes the quiz in the least amount of time will be ranked higher. If a tie still persists, the student who attempted the quiz earlier will be given preference.
Selection process
Selection for prizes is based on performance in the online quiz, considering marks, time taken, and submission date in case of ties.
How to apply
- 1Visit the official NCFE FLW Quiz registration portal.
- 2Fill in all required details accurately in the Student Registration Form, including a valid email ID and mobile number.
- 3Re-verify all details before final submission.
- 4After successful registration, participants can attempt the quiz online during the specified dates (February 24th to February 28th, 2025).
Fees & financial support
Fee details
Participation in the National Financial Literacy Week Quiz is completely free of cost. There are no registration or participation fees.
Refund policy
Not applicable as there are no fees.
Frequently asked questions
Is NCFE National Financial Literacy Week Quiz(FLW) for School Students free?
This opportunity is free to participate in.
Who can participate in NCFE National Financial Literacy Week Quiz(FLW) for School Students?
Students in Grade 6 to 12. Children aged 11 to 18.
What will my child gain from NCFE National Financial Literacy Week Quiz(FLW) for School Students?
Opportunity to win cash prizes up to ₹2.75 lakh. Enhance financial literacy and awareness. Gain national-level recognition from NCFE and financial regulators. Develop critical thinking and decision-making skills related to finance. Access to NCFE's financial education reference materials. E-participation certificate recognized by NCFE and financial regulators.. Gain national-level recognition from a prestigious financial education body.. Receive an e-certificate recognized by NCFE, RBI, SEBI, IRDAI, and PFRDA..
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