Microfinance in Bangladesh
  • 1. What is microfinance?
A) Credit cards for high-income individuals.
B) Financial services for low-income individuals or those who lack access to traditional banking services.
C) Investing in large corporations.
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) HSBC Bank
B) World Bank
C) Barclays Bank
D) Grameen Bank
  • 4. What is the primary goal of microfinance in Bangladesh?
A) Economic instability
B) Profit maximization
C) Poverty alleviation
D) Wealth accumulation
  • 5. How does microfinance help empower women in Bangladesh?
A) By restricting their financial freedom.
B) By enforcing traditional gender roles.
C) By discouraging education for women.
D) By providing them with access to financial resources and opportunities for economic independence.
  • 6. 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.
  • 7. How has technology been utilized in microfinance in Bangladesh?
A) Mobile banking and digital payments have expanded access to financial services.
B) Technology has led to the closure of all microfinance institutions.
C) Technology is only used for luxury banking services.
D) Technology has not been integrated into microfinance practices.
  • 8. How does microfinance contribute to economic development in Bangladesh?
A) By providing financial services to the poor and promoting entrepreneurship.
B) By focusing solely on large-scale investments.
C) By promoting dependency on external aid.
D) By restricting access to capital and stifling innovation.
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