Results announced for national test on financial literacy

As many as one lakh students had appeared for the first ever 'National Financial Literacy Assessment Test' held this month, the results of which have now been announced.
The national level test is an initiative by National Centre for Financial Education (NCFE) and was held on January 11 and 12, this year.
The test was conducted to motivate school students (of classes VIII to X) to learn the concepts of finance and also measure their financial awareness so that they acquire the skill of managing finances at an early age.
Abhinav Agarwal of Kendriya Vidyalaya, ONGC, Panvel, Maharashtra secured the all India first rank in the test, as per statement by market regulator Sebi today.

The maximum participation was from Rani Public School in Kerala with a total of 929 students appearing for the test from this school.
Besides, Darbari Lal Dev Model School and Sachdeva Public School in New Delhi were the best performing schools in the test with all students scoring more than 50 percentile.
NCFE has been set up by National Institute of Securities Markets (NISM) with the support of all regulators in India such as Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi).