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Welcome to Silverzone

Educational Excellence Awards

Entries are invited from individuals and educational institutions who have assumed a pioneering role in developing education in various domains and levels.

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Educational Excellence Awards

Eligibility Criteria

A school which has made noticeable contribution for the growth of education.

Innovation and introduction of development strategies by a school which has contributed in the extension of education & services to the larger section of the society.

Innovative management practices, which has brought a noticeable positive impact in the overall atmosphere and propagation of ethical practices, in the school.

Principal, Vice-Principal of a school who has made noticeable contribution, in the current academic year, addressing the issues related to education pro-actively, which have made substantial difference in the lives of students or growth of education as a whole.

Any teacher/academician who has made noticeable contribution in the last 5-10 years and is recognized by one national level award.

Person should be credited with having done pioneering work in his/her field and contributed to the body of knowledge or growth of education.

Prizes

Prizes & Awards

Category-A
Category-B
Category-C
Awards

Educational Excellence Awards

Entries are invited from individuals and educational institutions who have assumed a pioneering role in developing education in various domains and levels. SilverZone Foundation recognizes and appreciates the efforts of teachers, schools and management committees who have participated in organizing the Olympiads and have made their contributions to the education industry through innovation, excellence and leadership

Eligibility Criteria

    Silverzone Institution of the Year (25 Nos)

  • A school which has made noticeable contribution for the growth of education.
  • Innovation and introduction of development strategies by a school which has contributed in the extension of education & services to the larger section of the society.
  • Innovative management practices, which has brought a noticeable positive impact in the overall atmosphere and propagation of ethical practices, in the school.
  • Silverzone Educationist of the Year (25 Nos)

  • Principal, Vice-Principal of a school who has made noticeable contribution, in the current academic year, addressing the issues related to education pro-actively, which have made substantial difference in the lives of students or growth of education as a whole.
  • Silverzone Teacher Of the Year (50 Nos)

  • Any teacher/academician who has made noticeable contribution in the last 5-10 years and is recognized by one national level award.
  • Person should be credited with having done pioneering work in his/her field and contributed to the body of knowledge or growth of education.

Marking Scheme

Chapter-wise marking Scheme will help students to perform better in SilverZone Olympiads.


ACCOUNTANCY

No. of Questions

(15)
  • Marks (2) (Each question)
  • Total Marks (30)

Chapters

    Part A: Financial Accounting-I
  • Theoretical Framework
  • Accounting Process
  • Part B: Financial Accounting-II
  • Financial Statements of Sole Proprietorship

BUSINESS STUDIES

No. of Questions

(15)
  • Marks (2) (Each question)
  • Total Marks (30)

Chapters

    Part A: Foundations of Business
  • Nature and Purpose of Business
  • Forms of Business Organisations
  • Public, Private and Global Enterprises
  • Business Services
  • Emerging Modes of Business
  • Social Responsibility of Business and Business Ethics
  • Part B: Finance and Trade
  • Sources of Business Finance
  • Small Business
  • Internal Trade
  • International Business

ECONOMICS

No. of Questions

(10)
  • Marks (3) (Each question)
  • Total Marks (30)

Chapters

    Part A: Statistics for Economics
  • Introduction
  • Collection, Organisation and Presentation of Data
  • Statistical Tools and Interpretation
  • Part B: Introductory Microeconomics
  • Introduction
  • Consumer's Equilibrium and Demand
  • Producer Behaviour and Supply
  • Forms of Market and Price Determination under perfect competition with simple
  • applications

ICSI

No. of Questions

(10)
  • Marks (1) (Each question)
  • Total Marks (10)

Chapters

  • Introduction to ICSI
  • Benefits of Opting for ICSI
  • Career Opportunities read more >>
  • Total Questions (50)
  • Total Marks (100)

ACCOUNTANCY

No. of Questions

(15)
  • Marks (2) (Each question)
  • Total Marks (30)

Chapters

    Part A: Accounting for Partnership Firms and Companies
  • Accounting for Partnership Firms
  • Accounting for Companies
  • Part B: Financial Statement Analysis
  • Analysis of Financial Statements
  • Cash Flow Statement
  • Computerised Accounting

BUSINESS STUDIES

No. of Questions

(15)
  • Marks (2) (Each question)
  • Total Marks (30)

Chapters

    Part A: Principles and Functions of Management
  • Nature and Significance of Management
  • Principles of Management
  • Business Environment
  • Planning
  • Organising
  • Staffing
  • Directing
  • Controlling
  • Part B: Business Finance and Marketing
  • Financial Management
  • Financial Markets
  • Marketing Management
  • Consumer Protection

ECONOMICS

No. of Questions

(10)
  • Marks (3) (Each question)
  • Total Marks (30)

Chapters

    Part A: Introductory Macroeconomics
  • National Income and Related Aggregates
  • Money and Banking
  • Determination of Income and Employment
  • Government Budget and the Economy
  • Balance of Payments
  • Part B: Indian Economic Development
  • Development Experience (1947-90) and Economic Reforms since 1991
  • Current Challenges facing Indian Economy
  • Development Experience of India – A Comparison with Neighbours

ICSI

No. of Questions

(10)
  • Marks (1) (Each question)
  • Total Marks (10)

Chapters

  • Introduction to ICSI
  • Benefits of Opting for ICSI
  • Career Opportunities read more >>
  • Total Questions (50)
  • Total Marks (100)

How to Participate

  • Students need to register through their 'respective schools.
  • Each school must ensure that at least 20 students register for the Olympiad.
  • Any school can become an exam center without any fee.
  • Schools that have not registered can get the registration forms by emailing info@silverzone.org or calling 011-69114100.
  • The filled registration forms must be submitted to SilverZone Foundation by the due date.

Examination Details

  • The ICSI - SilverZone Commerce Olympiad is a single-level examination held in participating schools during school hours.
  • Each class will have its own unique question paper featuring objective-type questions with no negative marking for incorrect answers.
  • The test comprises 50 multiple-choice questions to be completed within a 60-minute timeframe.
  • The questions cover Accountancy, Economics, Business Studies and about Company Secretaryship Course and The ICSI.
  • The Olympiad is conducted in English and aligns with the CBSE, ICSE/ISC, and State Board syllabi.

Olympiad Structure

  • Total number of Multiple Choice Questions (MCQs): 50
  • Section A: Accountancy (15 Questions)
  • Section B: Business Studies (15 Questions)
  • Section C: Economics (10 Questions)
  • Section D: The ICSI (10 Questions)
  • Total Marks: 100

Raw Score Calculation

The raw score is computed by multiplying each correct answer by its corresponding base marks and summing the results. In mathematical terms: Raw Score = SUM (correct answer × subsequent base Marks).


Total Marks Calculation

Total Marks are determined by adding the raw score to the sum of the weightage of correct answers. Each question carries an additional weightage, starting from .0001 and increasing incrementally (.0002, .0003, and so forth). For instance, Question No. 1 has a weightage of .0001, Question No. 2 has .0002, and so on. This weightage is utilized to resolve ties when calculating Class/Zonal/Olympiads ranks.


Schedule

The Olympiad is held annually on two dates within the school premises. Schools can choose from the two suggested dates for conducting the examination, with each date featuring a distinct set of question papers.


Student Registration Process

For Schools Registered with SilverZone Foundation: Prospectuses containing Registration Forms for the ICSI - SilverZone Commerce Olympiad are automatically dispatched to all schools registered with the SilverZone Foundation. However, please note that these prospectuses may not always contain the latest updates regarding syllabus changes, prize details, and other important information. For the most current updates, please refer to our website.


For Schools Not Registered with SilverZone Foundation

Schools that are not yet registered with the SilverZone Foundation may request a prospectus by sending an email to info@silverzone.org. Upon receiving the prospectus, schools must ensure that the Registration Forms are properly filled out and complete in all respects. These forms must be returned to the SilverZone Foundation by the specified due date to complete the registration process.


Note to Principals/Teachers

Any school has the opportunity to become a registered center for the ICSI - SilverZone Commerce Olympiad, free of charge. However, for feasibility purposes, a minimum of 20 students must be registered from the school. Principals and teachers are encouraged to reach out to SilverZone Foundation via email at info@silverzone.org for any clarifications regarding rules, paper format, or any other inquiries. We are here to assist you every step of the way.

Sample Papers

Sample Question Papers

he syllabus for the ICSI-SilverZone Commerce Olympiad includes Business Studies, Accountancy, Economics, and The ICSI section. This examination is designed to offer an enriching educational experience that enhances students' cognitive skills. Below are PDFs that provide a brief overview of the actual Olympiad test paper. Please note that the final test paper will contain additional questions.

Prizes

The International Olympiad
rank Prize .

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1st Olympiad rank

The 1st International Olympiad rank holder in each class will receive a Prize of Rs. 10,000/-.

2nd Olympiad rank

The 2nd International Olympiad rank holder in each class will receive a Prize of Rs. 7,500/-.

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3rd Olympiad rank

The 3rd International Olympiad rank holder in each class will receive a Prize of Rs. 5000/-.

Other Prizes

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Zonal & Categorization

Zone/State Categorization

Delhi NCR, Haryana, Punjab, Himachal Pradesh, Uttarakhand, J&K, Ladakh, Chandigarh, Rajasthan, Uttar Pradesh

Maharashtra, Goa, Gujarat, Daman & Diu, Dadara & Nagar Haveli, Madhya Pradesh

West Bengal, Bihar, Jharkhand, Odisha, Assam, Arunachal Pradesh, Tripura, Sikkim, Meghalaya, Mizoram, Nagaland, Manipur, Chhattisgarh

Tamil Nadu, Karnataka, Kerala, Telangana, Puducherry, Lakshadweep, Andhra Pradesh, Andaman & Nicobar

All countries except India

Sample Answer Sheet (PDF)

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Sample Answer Sheet (PDF)
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