6. What is the role of technology in financial inclusion?
a) It helps to increase the cost of financial services
b) It allows for the remote delivery of financial services
c) It makes financial services inaccessible to individuals
7. What is a microfinance institution?
a) A bank that offers services exclusively to wealthy individuals
b) A financial institution that provides small loans to low-income individuals
c) An organization that promotes financial exclusion
8. How does financial inclusion contribute to economic growth?
a) It increases income inequality
b) It allows individuals to invest and start businesses
c) It restricts the flow of capital within an economy
9. Which region has the highest level of financial inclusion?
a) Asia
b) Africa
c) Europe
10. What is a key barrier to financial inclusion?
a) Lack of trust in financial institutions
b) Availability of financial services in rural areas
c) High income levels among low-income individuals