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NCFE National Financial Literacy Week Quiz(FLW) for School Students

by National Centre for Financial Education (NCFE)

Grade 6 to 12Free

₹2.75 Lakh in Cash Prizes

The NCFE Financial Literacy Quiz is an online competition for students in Classes 6-12, held during Financial Literacy Week to boost financial knowledge. Participants answer 30 MCQs in English or Hindi and receive e-certificates.

Mode

Online

Fee

Free

Participation format

Individual

Duration

30 minutes

Time needed

One 30-minute quiz

Eligibility

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.

Grade level
Grade 6 to 12
Age range
11 to 18 years
Eligibility region
Available nationwide across India
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)

See if your child qualifies.

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

Reserve Bank of India (RBI)Securities and Exchange Board of India (SEBI)Insurance Regulatory and Development Authority of India (IRDAI)Pension Fund Regulatory and Development Authority (PFRDA)

Recognition

National Level Recognition

Skills your child builds

Financial understandingAnalytical thinkingDecision makingProblem solvingRisk managementFinancial planningInformation retention

Key dates

Last edition

Registration opened
15 Dec 2025
Registration closed
31 May 2026
Competition
5 Jan 2026 to 30 Jun 2026
Results
31 Jul 2026

How to apply

  1. 1Visit the official NCFE FLW Quiz registration portal.
  2. 2Fill in all required details accurately in the Student Registration Form, including a valid email ID and mobile number.
  3. 3Re-verify all details before final submission.
  4. 4After successful registration, participants can attempt the quiz online during the specified dates (February 24th to February 28th, 2025).

Rules and guidelines

  • Only one entry per person is allowed; multiple entries will lead to disqualification.
  • Participants must be currently enrolled in Class 6th to 12th in any School/Junior College in India.
  • The quiz will be conducted in online mode only and is proctored.
  • NCFE reserves the right to verify the genuineness of participants and incomplete applications will be disqualified.
  • NCFE's decision regarding the quiz results and rules will be final and binding.

Technology requirements

  • Reliable internet connection
  • Computer, laptop, tablet, or smartphone for online quiz participation
  • Supported browsers: Latest versions of Chrome, Firefox, Edge, or Safari

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.

Exam format

Total marks
30
Duration
30 minutes
Format
Multiple Choice Questions (MCQ)
Language
English, Hindi

Rounds and 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.

Academic details

Financial LiteracyEconomicsGeneral KnowledgePersonal FinanceBankingInvestmentsInsurancePension

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.

Frequently asked questions

How can students effectively prepare for the NCFE Financial Literacy Week Quiz?

Students can prepare by regularly reviewing NCFE's e-library materials, which cover essential financial concepts. Practicing with sample questions and understanding the quiz format can also significantly enhance performance.

What strategies can participants use to manage time effectively during the online quiz?

Participants should read each question carefully, allocate time per question, and avoid spending too much time on a single difficult question. It is advisable to answer all known questions first and then revisit challenging ones.

How does participation in this national-level competition benefit a student's academic profile?

Engaging in a national competition like this demonstrates initiative and a commitment to learning beyond the curriculum. The e-certificate, recognized by major financial regulators, adds significant value to academic records and future applications.

What are the common mistakes students should avoid during the quiz to ensure fair participation?

Students should avoid multiple entries, ensure all registration details are accurate, and maintain a stable internet connection. Any attempt at unfair means during the proctored quiz will lead to disqualification.

How are the cash prizes distributed among the different categories of participants?

Cash prizes are awarded to top performers across Junior (Classes 6-8), Intermediate (Classes 9-10), and Senior (Classes 11-12) categories. Specific prize distribution details are announced by NCFE, encouraging competition at all levels.

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Organization

National Centre for Financial Education (NCFE)

View organization

Categories

General KnowledgeQuizProblem SolvingCritical ThinkingFinance and CommerceFinance and Commerce OlympiadEntrepreneurship Olympiad

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