ISBN: 9789350317914    Publisher: Virtuous Publications Year of publishing: 2014     Format:  Paperback No of Pages: 148        Language: English

In a developing country like India, it is important that our future generations, both boys and girls, to know about the finance, economies of country and round the world. It is also important that they understand the concept of money, its various facets and also the current fiscal scenario prevailing in the country. Towards this end, the Central Board of Secondary Education (CBSE) has tied up with the National Institute of Securities Markets (NISM), Mumbai. The latter is the nodal agency of the National Centre for Financial Education (NCFE) together they conduct the National Financial Literacy Test (NFLAT) which is the first national level test to measure and improve the level of financial literacy and basic knowledge among students of class VI to X. This initiative is aimed at encouraging school students to obtain basic financial literacy and also provide the level of financial skills required for taking responsible financial decision in their life. Virtuous NFLAT Handbook covers each and every topic starting from Money Management, Budgeting, Investments & its Spectrums, Banking & Savings, Insurance & Risk Management, Retirement as financial goals to Stocks & bonds. Special MCQs is included along with detailed explanations under the guidelines & syllabus prescribed by NCFE. The book also contains the model test papers for students to practice. The book will not only help them to learn about various financial and economic terms but will also help them in their future, for their higher studies and various competitive exams.
Read less