Microfinance in Bangladesh
  • 1. What is microfinance?
A) Investing in large corporations.
B) Financial services for low-income individuals or those who lack access to traditional banking services.
C) Credit cards for high-income individuals.
D) Providing loans only to the wealthy.
  • 2. Who is considered the pioneer of microfinance in Bangladesh?
A) Sheikh Hasina
B) Aung San Suu Kyi
C) Rohingya refugees
D) Muhammad Yunus
  • 3. Which organization did Muhammad Yunus found to provide microcredit in Bangladesh?
A) Barclays Bank
B) Grameen Bank
C) HSBC Bank
D) World Bank
  • 4. What is the importance of social collateral in microfinance lending?
A) It is not a factor in microfinance lending decisions.
B) It relies on social networks and group support to ensure loan repayment.
C) It is solely based on the borrower's credit history.
D) It requires physical assets as security for loans.
  • 5. How has technology been utilized in microfinance in Bangladesh?
A) Technology has led to the closure of all microfinance institutions.
B) Technology is only used for luxury banking services.
C) Mobile banking and digital payments have expanded access to financial services.
D) Technology has not been integrated into microfinance practices.
  • 6. What is the primary goal of microfinance in Bangladesh?
A) Economic instability
B) Wealth accumulation
C) Profit maximization
D) Poverty alleviation
  • 7. How does microfinance help empower women in Bangladesh?
A) By restricting their financial freedom.
B) By providing them with access to financial resources and opportunities for economic independence.
C) By enforcing traditional gender roles.
D) By discouraging education for women.
  • 8. How does microfinance contribute to economic development in Bangladesh?
A) By restricting access to capital and stifling innovation.
B) By promoting dependency on external aid.
C) By providing financial services to the poor and promoting entrepreneurship.
D) By focusing solely on large-scale investments.
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