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