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