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) Providing loans only to the wealthy.
D) Credit cards for high-income individuals.
  • 2. Who is considered the pioneer of microfinance in Bangladesh?
A) Sheikh Hasina
B) Aung San Suu Kyi
C) Muhammad Yunus
D) Rohingya refugees
  • 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 primary goal of microfinance in Bangladesh?
A) Poverty alleviation
B) Profit maximization
C) Wealth accumulation
D) Economic instability
  • 5. 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 discouraging education for women.
D) By enforcing traditional gender roles.
  • 6. What is the importance of social collateral in microfinance lending?
A) It relies on social networks and group support to ensure loan repayment.
B) It is solely based on the borrower's credit history.
C) It requires physical assets as security for loans.
D) It is not a factor in microfinance lending decisions.
  • 7. How has technology been utilized in microfinance in Bangladesh?
A) Technology has led to the closure of all microfinance institutions.
B) Mobile banking and digital payments have expanded access to financial services.
C) Technology has not been integrated into microfinance practices.
D) Technology is only used for luxury banking services.
  • 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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