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