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National Financial Literacy Assessment Test (NCFE-NFLAT)
Financial literacy is an important life skill for the holistic development of each student. NCFE's National Financial Literacy Assessment Test (NCFE-NFLAT) is a step in that direction. This is a first of its kind national level test, conducted by the National Centre for Financial Education (NCFE), to measure the level of financial literacy among school students. Through this test, NCFE aims to encourage the school students to obtain basic financial skills which are essential for their full participation in society and life time of well being. NCFE-NFLAT was launched in the year 2013-14 by the NCFE which is setup as part of NISM, with support from all financial sector regulators i.e. RBI, SEBI, IRDAI & PFRDA for implementation of the National Strategy for Financial Education (NSFE).
Commerce department conducted first round online test for students of DPSG , Palam Vihar. Students from classes VI to X were the participants more than 1300 Students were enrolled in this test. Students enthusiastically participated in NFLAT on line test and updated their financial literacy.