New Delhi, Sept 16 (KNN)  In an effort to ensure financial literacy and inclusion in the country in a collaborative manner, National Centre for Financial Education (NCFE) is planning to conduct a National Financial Literacy Assessment Test 2015-2016 on November 28-29.

National Financial Literacy Assessment Test (NCFE-NFLAT) is a step in the direction of financial literacy and financial inclusion. By conducting a national level test, NCFE plans to motivate school students (of classes VIII to X) to learn the concepts of finance and also measure their financial awareness for inculcating important life skills leading to sound financial decisions later, an RBI release said yesterday.

NCFE is the nodal agency for implementation of the National Strategy for Financial Education (NSFE).  School students from classes VIII to X can participate in the test.

National Centre for Financial Education (NCFE) has been set up by National Institute of Securities Markets (NISM) with the support of all the financial sector regulators in India, namely, 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) and Forward Markets Commission (FMC) to further the cause of financial literacy and inclusion in India in a collaborative manner.

Registration for NCFE-NFLAT had started from September-1, 2015 and will be accepted only through schools. Schools may enrol themselves by following http://www.ncfeindia.org/nflat.  (KNN)