On-line exam debuts in State
Source: The Sangai Express
Imphal, January 12 2014 :
In the first of its kind in the State, 99 Manipuri students today appeared in the NCFE-NFLAT (National Centre for Financial Education - National Financial Literacy Assessment Test) on-line examination with Xtreme Wave, Khoyathong (DM College Road) facilitating appearance in the examination.
All the NCFE-NFLAT debutantes hail from Bishnupur district schools namely Mother's Pride Academy (Bishnupur), Ideal Academy (Kumbi) and Little Bird School (Moirang) .
It is said that the online test for class VIII to X standard students is organised throughout the country by NCFE and co-sponsored by Reserve Bank of India, Security and Exchange Board of India (SEBI), Insurance Regulatory & Development Authority (IRDA), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC).
Objective of conducting the one-hour and 75 questions in English and Hindi medium test is to enhance basic financial knowledge of the young students.
As the name suggest, syllabus, study materials, registration or other relevant details could be accessed or downloaded from the website [email protected] .
Students should be from educational institutions registered to recognised board or trusts.
Based on performance/merit of the students, five national winners would be selected for award of medals and laptops at a National level function, medals and tablet PCs presented to 15 regional winners as well as cash award to the top 100 examinees.
There are also merit certificates for all india top 50 percentile, participation certificates, Rs 25,000 each for top 25 schools with highest participation and cash award to five top schools with highest success rate.
According to Mother's Pride Academy Principal, Khomdram Basanta Meitei, on whose initiative Bishnupur district students appeared en-mass in the test today, Manipuri students need to participate in such on-line test to not only explore their hidden potential but also get familiar with financial intricacies.