Maths Talent Search Examination or MTSE is conducted by Indian Institute of Studies in Mathematics and is for students of class 3 to class 9. It serves as a springboard to prepare students for various competitive examinations. The top 200 students from each batch are awarded a certificate of merit and cash prizes worth over Rs. 3.5 lakhs.
The test consists of 50 objective questions with one correct answer. The time limit is 90 minutes and test can be both offline and online. The syllabus is basic mathematics till the standard of the student. Except for class 3 and 4, the other students get +2, and -0.5 for each correct and wrong answer resp.
To apply please visit the website of IISMA. The registration fees is Rs. 250 which can be paid either by card or online payment.
Hope this was of help!