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The Global Impact of Microfinance in Empowering Entrepreneurs - Exam
  • 1. What is microfinance?
A) Financial services to low-income individuals.
B) Investment banking services.
C) Large loans for businesses.
D) Government grants for startups.
  • 2. Which organization is known for pioneering microfinance?
A) International Monetary Fund.
B) Grameen Bank.
C) Asian Development Bank.
D) World Bank.
  • 3. How does microfinance primarily help entrepreneurs?
A) By giving away free goods.
B) By providing tax reductions.
C) By providing small loans.
D) By including them in stock markets.
  • 4. What is a common criticism of microfinance?
A) Lack of available capital.
B) Exclusivity of loans to males.
C) Inefficient methods.
D) High interest rates.
  • 5. What role do NGOs play in microfinance?
A) Facilitators of programs.
B) Regulators of the banks.
C) Providers of government funding.
D) Major financiers of corporations.
  • 6. What is an essential training component often offered with microloans?
A) Technology development skills.
B) Financial literacy.
C) Armed security training.
D) Advanced business management.
  • 7. Which demographic benefits most from microfinance?
A) Government officials.
B) Low-income individuals.
C) High-net-worth individuals.
D) Corporate executives.
  • 8. What is 'social performance' in microfinance?
A) Impact on clients' lives and communities.
B) Interest rate competitiveness.
C) Market share growth.
D) Profitability of the microfinance institution.
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