Applications have been invited by Shri Ram College of Commerce (SRCC) for the National Economics Olympiad (NEO)- a nationwide school level economics olympiad for the students of classes 11 and 12. The top three participants from each class will be awarded cumulative cash scholarships worth Rs 40,000 and all participants will get a certificate. The olympiad is being jointly organised by SRCC and Vedantu.

The last date to apply is October 30. Those interested can apply at ‘ecosocsrcc.com/NEO’. NEO consists of two rounds, both of which will be held online on November 1 and 8, respectively. Candidates are required to pay a registration fee of Rs 209, however, to encourage more participation, there is an early bird offer in which the students can register for the olympiad for Rs 189 only.

There are four sections in the preliminary round— economic concepts, logical reasoning, case studies, and data interpretation with 10 questions each. Each question accounts for one mark and there will be no negative marking in this round. The final round is a surprise round, details of which will be shared only at the time of the test.

SRCC is offering a 100 percent financial aid mechanism to encourage students from under-privileged sections of the society. Through the olympiad, SRCC claims, students will get a chance to test their acumen and broaden their understanding of economics in terms of its application in the real world.

The olympiad will be conducted online due to the current pandemic. In the olympiad held last year, SRCC had received over 3,700 participants from across 500 schools and 100 cities, across five countries.

Source: The Indian Express