Examination paper leakage is a critical issue that threatens the integrity, fairness, and credibility of academic evaluation systems. Conventional security approaches such as physical locks, sealed containers, and manual supervision are highly vulnerable to tampering, insider threats, and delayed response mechanisms. To address these challenges, this paper presents an Electronic Protection System for Exam Paper Leakage Prevention using a multi-level security framework. The proposed system integrates RFID-based authentication, Real-Time Clock (RTC)-based time restriction, and One-Time Password (OTP) verification to ensure that examination papers are accessed only by authorized personnel and only at the predefined scheduled time. Any unauthorized access attempt triggers immediate alerts and security responses. By combining time-controlled access with dynamic authentication, the system minimizes human intervention and enhances confidentiality, reliability, and trust in the examination process.