Micro Credit and Micro Finance

41. Which of the following is a key principle of micro-finance?

a) Social impact

b) Sustainability

c) Non-discrimination

d) All of the above

View Answer >

42. What is the role of micro-credit in disaster recovery efforts?

a) To provide financial assistance to affected communities

b) To support the reconstruction of infrastructure

c) To stimulate economic activity in disaster-stricken areas

d) All of the above

View Answer >

43. What is the primary objective of micro-finance institutions?

a) Profit maximization

b) Social impact

c) Poverty reduction

d) Financial stability

View Answer >

44. Which of the following is an example of a successful micro-finance program?

a) Kiva

b) Accion

c) BRAC

d) All of the above

View Answer >

45. How does micro-credit help in fostering economic development?

a) By providing capital for small businesses

b) By reducing income inequality

c) By promoting entrepreneurship and job creation

d) All of the above

View Answer >

Leave a Comment

Note:- All Study Material Job Notice/Results/Exams/Marks/Admit Card published on this website is only for immediate information purpose. This information is not to be a Legal Document/Information. If in case any mistake, error and maybe wrong, then this website is not responsible. WE DONT HAVE ANY YOUTUBE CHANNEL.