**Summary:**
The Securities and Exchange Board of India (SEBI), in partnership with the National Institute of Securities Market (NISM), is conducting the National Financial Literacy Quiz (NFLQ) 2025 to enhance financial literacy and securities market knowledge among undergraduate and postgraduate students in India. The NFLQ 2025 saw 477,489 student registrations. A preliminary online college round was held from December 1, 2024, to April 30, 2025, with 234,036 students participating, and 167,623 students qualifying for the Regional Rounds. The Eastern Regional Round took place in Kolkata on June 21-22, 2025, with 60 undergraduate and 50 postgraduate institutes from West Bengal, Odisha, Jharkhand, and Bihar participating. The Southern Regional Round was held in Bengaluru on July 5-6, 2025, with 50 undergraduate and 60 postgraduate institutes from Andhra Pradesh, Karnataka, Kerala, Puducherry, Tamil Nadu, and Telangana participating. Upcoming Regional Rounds are scheduled for the North (NCR, July 26-27, 2025), Central (Indore, August 16-17, 2025), North East (Guwahati, August 30-31, 2025), and West (Ahmedabad, September 13-14, 2025) regions. The top 10 colleges from each zone will advance to the National Round, to be held at the NISM Campus in Patalganga, Maharashtra, on November 8-9, 2025.
Key Entities Referenced
National Financial Literacy Quiz NFLQ 2025: A financial literacy and securities market knowledge quiz for undergraduate and postgraduate students across India, conducted by SEBI and NISM.
Securities and Exchange Board of India SEBI: The regulatory body conducting the National Financial Literacy Quiz NFLQ 2025.
National Institute of Securities Market NISM: Partner organization with SEBI in conducting the National Financial Literacy Quiz NFLQ 2025. They also host the National Round at their campus.
Kolkata, West Bengal: Location of the Eastern Regional Round of NFLQ 2025.
Bengaluru, Karnataka: Location of the Southern Regional Round of NFLQ 2025.
NCR: Location of the North Regional Round of NFLQ 2025.
Indore, Madhya Pradesh: Location of the Central Regional Round of NFLQ 2025.
Patalganga, Maharashtra: Location of the NISM Campus where the National Round of NFLQ 2025 will be held.
PR No.41/2025
SEBI and NISM Launch National Financial Literacy Quiz (NFLQ) 2025
The National Financial Literacy Quiz (NFLQ) 2025, conducted by the Securities and
Exchange Board of India (SEBI) in partnership with the National Institute of Securities
Market (NISM), is currently underway.
As part of SEBI’s broader efforts to promote financial awareness, this initiative aims to
bolster financial literacy and securities market knowledge among undergraduate and
postgraduate students across India.
This year's NFLQ saw 4,77,489 student registrations. Of these, 2,34,036 participated in
the preliminary online college round, held between December 1, 2024 and April 30, 2025
with 1,67,623 students qualifying for the Regional Rounds.
The Eastern Regional Round was held in Kolkata on June 21 - 22, 2025 and saw
participation of 60 undergraduate and 50 postgraduate institutes from states across West
Bengal, Odisha, Jharkhand, and Bihar. The Southern Regional Round was held in
Bengaluru on July 5 - 6, 2025 with participation from 50 undergraduate and 60
postgraduate institutes across Andhra Pradesh, Karnataka, Kerala, Puducherry, Tamil
Nadu, and Telangana.
Upcoming Regional Rounds are scheduled as follows:
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No. Region Date Location
1 North 26th - 27th July, 2025 NCR
2 Central 16th - 17th August, 2025 Indore
3 North East 30th - 31st August, 2025 Guwahati
4 West 13th - 14th September, 2025 Ahmedabad
The top 10 colleges from each zone will proceed to the National Round, which will be held
at the NISM Campus in Patalganga, Maharashtra, on November 8 and November 9, 2025.
SEBI remains committed to enhancing financial education through engaging student-
centric programs.
Mumbai
July 15, 2025
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