Latest news with #SBIScholarQuiz2025
Time of India
2 days ago
- Business
- Time of India
SBI Scholar Quiz 2025: Building financially smart young minds
The State Bank of India (SBI) in association with The Times of India , recently announced the launch of the SBI Scholar Quiz 2025 — a prestigious national-level initiative designed to nurture financial literacy, critical thinking, and a deeper understanding of economic systems among high school students across India. Organised at a pan-India level, this exciting competition marks the beginning of a transformative journey aimed at preparing young minds for the evolving world of finance, economics, and policymaking. Despite the growing access to financial services, surveys show that financial literacy is still missing in large sections of the population. Banking plays a crucial role in our lives as it helps us manage money, make transactions easier, and build financial security. When we save money in a bank, it not only keeps our funds safe but also earns us interest, helping our savings grow over time. Banks also provide loans to individuals and businesses, supporting major purchases like homes, vehicles, and entrepreneurial ventures. In addition, they offer services like savings accounts, checking accounts, and debit or credit cards, simplifying payments and enabling secure, fast money transfers. Banking makes everyday life more convenient and contributes significantly to the growth of a strong, stable economy. In today's fast-paced world, learning how to manage money, therefore, is an essential life skill. It empowers young people to make smart financial decisions and plan for their future. The SBI Scholar Quiz 2025, presented in association with The Times of India, has been designed with this very purpose of sharpening financial literacy of school students from Classes IX to XII. Through this quiz, students will not only learn about money management but also understand the deep connection between SBI and the growth of modern India. The goal is to equip them with financial acumen and decision-making skills that will serve them well throughout their lives. This quiz series is being conducted in 2 broad phases- one across North and East India, and the second across Western, Central and Southern India. This one-of-its-kind quiz has seen participation by over 1,000 schools across the country, not just from the cities where the quiz is being organised, but also from the hinterland. Students have shown their interest and aptitude in a field essential in the modern world, but one that is not necessarily taught as part of their formal education. In each city quiz, hundreds of teams have participated in a preliminary written test, based on the State Bank of India, as well as history of banking, financial literacy, concepts of saving, investment and financial security. The six best schools were then selected for the city grand finale which was conducted on the same day. The final city stage rounds are multimedia extravaganzas, with different rounds challenging awareness levels of the students as well as their ability to connect the dots. Several quizzes have gone down to the wire, with all teams in the fray till the last round. The city round winners received a trophy, certificates of merit and cash prizes totalling ₹1.75 lakhs. The runners-up school received a trophy and certificates, in addition to ₹85,000, whilst the second runners-up received ₹40,000, as well as trophies and certificates of merit. Uniquely, the mentor teachers from the 3 winning schools received cash prizes as well. All teachers were honoured with a special 'Certificate of Appreciation,' whilst all students received participation certificates. Commenting on both the participation as well as performance thus far, quizmaster Kunal Savarkar said, 'Teams from across India have demonstrated high levels of knowledge about State Bank of India and its role in the life of Indians as a nation, while the high scoring reflects the increasing awareness and understanding about financial and banking concepts'. Content curator and author, Seema Chari said, 'Students were up to the task of answering and solving the multiformat questions, demonstrating the talent in the next generation'. In a statement, the State Bank of India mentioned that although the bank is observing its 70th anniversary this year, in actual fact its history is 219 years old! The bank sees students as the future stakeholders in India's progress, growth and development into a world leader. The bank is committed to fostering financial literacy among students and an increased awareness about banking, savings and investment. As evident from the event, State Bank of India is committed to contribute to the building of a financially robust generation through this innovative quiz series. In the first phase quizzes were conducted at 7 cities– Chandigarh, Delhi, Guwahati, Jaipur, Kolkata, Lucknow and Patna. In the second phase, quizzes have been conducted at Thiruvananthapuram, Hyderabad, Bengaluru, Ahmedabad and Chennai, Mumbai & Pune . The series will culminate in a national round which will be conducted in the last week of June in Mumbai, where the 16 city champions will battle it out in 4 semi-finals and a final.
Time of India
09-05-2025
- Business
- Time of India
SBI Scholar Quiz 2025 launches to nurture financial literacy among high schoolers
The State Bank of India (SBI), The Banker to Every Indian , in association with The Times of India , has announced the launch of the SBI Scholar Quiz 2025 — a prestigious national-level initiative designed to nurture financial literacy, critical thinking, and a deeper understanding of economic systems among high school students across India. Organised at a pan-India level, this exciting competition marks the beginning of a transformative journey aimed at preparing young minds for the evolving world of finance, economics, and policymaking. Unlike traditional academic contests, the SBI Scholar Quiz goes beyond textbook knowledge. Operation Sindoor 'Did not want to...': Pak def min gives absurd excuse for army's failure to withstand Op Sindoor Blackouts, sirens & Pak's failed attacks: 10 things that happened in the last 36 hrs '1971 war was not remotely as terrifying': Residents of border areas shell-shocked It is designed to challenge students on a broad spectrum of topics such as Banking, Financial Services, and Insurance (BFSI), the evolution of money and currency, global economic systems, and the rich legacy of the State Bank of India — India's oldest banking institution, with a proud history of 219 years. By weaving together these themes, the quiz bridges classroom learning with real-world applications, offering students an opportunity to broaden their horizons and engage meaningfully with the financial world around them. In its inaugural year, the SBI Scholar Quiz 2025 will unfold across multiple stages, beginning with City Rounds hosted in 16 key cities across India: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, New Delhi, Patna, Pune, and Thiruvananthapuram. Each City Round will see schools nominating teams of two students to represent their institutions in intense head-to-head quiz battles. These rounds will test factual knowledge, analytical thinking, quick decision-making, and the ability to apply concepts in real-world scenarios. The top-performing teams from each city will qualify for the National Semi-Finals and Finals, to be held in Mumbai, India's financial capital. The top 3 national winners will have the distinguished honour of being felicitated by SBI's top management on July 1st — celebrated as SBI's Foundation Day — marking a moment of pride and achievement on one of the most significant days in the institution's history. The SBI Scholar Quiz 2025 brings with it more than just recognition and intellectual stimulation — it offers a prize pool of over ₹50 lakhs, featuring cash awards, trophies, and certificates at various stages of the competition. Participation itself will be an achievement, but excelling at this platform will serve as a confidence booster and a shining highlight in students' academic and professional journeys. Although the City Rounds will be physically hosted in selected urban centres, the SBI Scholar Quiz 2025 is open to high school students from every corner of India. The organisers are committed to making this initiative truly inclusive and far-reaching. To aid preparation, students can access study resources, reading material, and sample quizzes available on the official website: . The preparatory content thoughtfully covers a wide range of subtopics: Fundamentals of Banking Basics of Insurance and Financial Planning History of Indian and Global Currencies Milestones in the Journey of the State Bank of India Key Economic Events and Trends Real-life Banking and Business Case Studies The SBI Scholar Quiz is crafted not only to reward those who already have a keen interest in finance but also to cultivate curiosity among others, encouraging a new generation of financially literate citizens. What sets the SBI Scholar Quiz apart is its deep-rooted commitment to education and empowerment. Banking in SBI since 1955 has been a blending of business goals with social obligations and banking with purpose. Over the years, the SBI Group has assumed a multi-dimensional role in extending support to practically every sphere of economic activity. In an increasingly interconnected and financially complex world, understanding the basics of economies and banking systems is not just an advantage—it is essential. Through the SBI Scholar Quiz, students get a unique chance to: Learn financial literacy in an engaging, competitive format Understand how economic policies influence daily life Gain insights into India's banking history and economic evolution Develop critical thinking, public speaking, and teamwork skills Connect with experts and mentors in finance, economics, and education Additionally, SBI continues to maintain its premier position in India by consistently extending high-quality customer service, adopting modern technology, and setting new benchmarks in banking performance. The SBI Scholar Quiz is a natural extension of this ethos, fostering excellence, innovation, and leadership among India's youth. SBI encourages teachers and mentors to act as knowledge partners, guiding students with enthusiasm and helping them prepare for this intellectually enriching journey. The brand shares that SBI Scholar Quiz 2025 is more than just a competition—it's a celebration of curiosity, intellect, and ambition. If you are ready to challenge yourself, broaden your understanding of the financial world, and be part of a national movement toward academic excellence and financial literacy, visit , register today, and take your first step toward national recognition!
