Question 1

The Micro Finance Institutions (MFI) differ from one another in terms of -

Accepted Answer

A) Product offering 
B) Loan repayment Structure 
C) Product offerings 
D) All of these 
A) Product offering 
B) Loan repayment Structure 
C) Product offerings 
D) All of these D

Question 2

In the self-help group, the loan and saving decisions are taken by

Accepted Answer

A) Government 
B) Non-government organisation 
C) Bank 
D) Group members 
A) Government 
B) Non-government organisation 
C) Bank 
D) Group members D

Question 3

What does the microfinance model Not predict:

Accepted Answer

A) A decrease interest rates when repayment is regular & in time 
B) Homogeneous risk groups 
C) Self-selection of best borrowers 
D) None of the above 
A) A decrease interest rates when repayment is regular & in time 
B) Homogeneous risk groups 
C) Self-selection of best borrowers 
D) None of the above C

Question 4

What is TRUE of group lending clause?

Accepted Answer

A) Dealing with groups instead of individuals reduces transaction costs for the bank 
B) Group arrangements teach the bank a great deal about who is safe and who is risky 
C) Group lending reduces inequality between borrowers: all benefit from the same interest rate 
D) Group loans are always cheaper than individual loans 
A) Dealing with groups instead of individuals reduces transaction costs for the bank 
B) Group arrangements teach the bank a great deal about who is safe and who is risky 
C) Group lending reduces inequality between borrowers: all benefit from the same interest rate 
D) Group loans are always cheaper than individual loans

Question 5

Who introduced the concept of Micro Finance in Bangladesh in the form of the "Grameen Bank"? He is the Nobel laureate known by many as the "father of micro finance systems".

Accepted Answer

A) C. D. Deshmukh 
B) Amartya Sen 
C) Muhammad Yunus 
D) Sheik Haseena 
A) C. D. Deshmukh 
B) Amartya Sen 
C) Muhammad Yunus 
D) Sheik Haseena

Question 6

A small loan amount given to low-income households or groups is known as ________ .

Accepted Answer

A) Cash credit 
B) Micro credit 
C) Rural credit 
D) Simple credit 
A) Cash credit 
B) Micro credit 
C) Rural credit 
D) Simple credit

Question 7

Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28th June 2013 ?

Accepted Answer

A) SBI 
B) ICICI 
C) SIDBI 
D) Exim Bank 
A) SBI 
B) ICICI 
C) SIDBI 
D) Exim Bank

Question 8

Indian Micro Finance Institutes (MFI) usually adopt the group-based lending models, which are of two types. SHG model and JLG model. SHG means Self Help Group and JLG means ?

Accepted Answer

A) Joint Liability Game 
B) Josh Liability Group 
C) Joint Loan Group 
D) Joint Liability Group 
A) Joint Liability Game 
B) Josh Liability Group 
C) Joint Loan Group 
D) Joint Liability Group

Question 9

Self Help Group involves

Accepted Answer

A) Group of 5 to 20 people 
B) Regular saving habits 
C) Inter-lending within the group members 
D) All of above 
A) Group of 5 to 20 people 
B) Regular saving habits 
C) Inter-lending within the group members 
D) All of above

Question 10

In which year the Regional Rural Banks Act was passed?

Accepted Answer

A) 1986 
B) 1976 
C) 1992 
D) 1988 
A) 1986 
B) 1976 
C) 1992 
D) 1988

Question 11

The informal sector loans incorporate _______ .

Accepted Answer

A) State Bank of India 
B) Moneylenders 
C) NABARD 
D) Both (
A)  and (
B)  
A) State Bank of India 
B) Moneylenders 
C) NABARD 
D) Both (
A)  and (
B)

Question 12

What is NOT a potential limit of group lending?

Accepted Answer

A) Monitoring group members can be costly for borrowers 
B) Group lending uses social sanctions instead of collateral foreclosure 
C) Group lending brings added risks for borrowers, those of others members' default. 
D) Exclusion of all group members after one of them default is too harsh a punishment. 
A) Monitoring group members can be costly for borrowers 
B) Group lending uses social sanctions instead of collateral foreclosure 
C) Group lending brings added risks for borrowers, those of others members' default. 
D) Exclusion of all group members after one of them default is too harsh a punishment.

Question 13

What is not a mechanism that contributes to the success of Micro- credits?

Accepted Answer

A) Dynamic incentives 
B) Peer monitoring 
C) Regular payment schedules 
D) Collaterals 
A) Dynamic incentives 
B) Peer monitoring 
C) Regular payment schedules 
D) Collaterals

Question 14

The following statements are related to Micro Finance System. Locate the wrong option ?

Accepted Answer

A) It provides micro credit having scope for small savings and remittance of funds 
B) It based on the principle of livelihood creation 
C) The livelihood mission means engaging in activities in a routine fashion to generate cash or non-cash income 
D) None 
A) It provides micro credit having scope for small savings and remittance of funds 
B) It based on the principle of livelihood creation 
C) The livelihood mission means engaging in activities in a routine fashion to generate cash or non-cash income 
D) None

Question 15

The beneficiaries of Micro finance business are _____________

Accepted Answer

A) Land Less labour 
B) Marginal farmers 
C) Vendors in the small markets 
D) All the above 
A) Land Less labour 
B) Marginal farmers 
C) Vendors in the small markets 
D) All the above

Question 16

What is NOT a source of difficulty in the estimation of the impact of microfinance projects?

Accepted Answer

A) we do not observe what would have happened in absence of the microfinance project 
B) participants systematically differ from non participants in their propensity to benefit from micro-loans 
C) microfinance programs are not located randomly, they are often located in disfavoured areas 
D) microfinance programs are often targeted to women 
A) we do not observe what would have happened in absence of the microfinance project 
B) participants systematically differ from non participants in their propensity to benefit from micro-loans 
C) microfinance programs are not located randomly, they are often located in disfavoured areas 
D) microfinance programs are often targeted to women

Question 17

Which option blocks the poor to get bank loans?

Accepted Answer

A) Absence of collateral 
B) High rates of interest 
C) Complexity of procedure 
D) None of the above 
A) Absence of collateral 
B) High rates of interest 
C) Complexity of procedure 
D) None of the above

Question 18

Which of the following takes the decisions regarding loans and savings in a self-help group (SHG)?

Accepted Answer

A) Government 
B) Non-government organisation 
C) Bank 
D) Group members 
A) Government 
B) Non-government organisation 
C) Bank 
D) Group members

Question 19

In microfinance the demand side constraints

Accepted Answer

A) Is lack of awareness 
B) distance from bank branch 
C) unsuitable product 
D) communication 
A) Is lack of awareness 
B) distance from bank branch 
C) unsuitable product 
D) communication

Question 20

Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed ?

Accepted Answer

A) Ponzi schemes 
B) Micro Finance System 
C) Money Laundering Schemes 
D) Money tampering finance 
A) Ponzi schemes 
B) Micro Finance System 
C) Money Laundering Schemes 
D) Money tampering finance

The Micro Finance Institutions (MFI) differ from one another in terms of -

In the self-help group, the loan and saving decisions are taken by

What does the microfinance model Not predict:

What is TRUE of group lending clause?

Who introduced the concept of Micro Finance in Bangladesh in the form of the "Grameen Bank"? He is the Nobel laureate known by many as the "father of micro finance systems".

A small loan amount given to low-income households or groups is known as ________ .

Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28^th June 2013 ?

Indian Micro Finance Institutes (MFI) usually adopt the group-based lending models, which are of two types. SHG model and JLG model. SHG means Self Help Group and JLG means ?

Self Help Group involves

In which year the Regional Rural Banks Act was passed?

The informal sector loans incorporate _______ .

What is NOT a potential limit of group lending?

What is not a mechanism that contributes to the success of Micro- credits?

The following statements are related to Micro Finance System. Locate the wrong option ?

The beneficiaries of Micro finance business are _____________

What is NOT a source of difficulty in the estimation of the impact of microfinance projects?

Which option blocks the poor to get bank loans?

Which of the following takes the decisions regarding loans and savings in a self-help group (SHG)?

In microfinance the demand side constraints

Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed ?

Microfinance and Small Finance Banks in India

Payment Banks and Entrepreneurship in India

Prepaid Payment Instruments (PPIS) and Venture Capital

Filters

Exam 1: Microfinance and Self-Help Group Lending

The Micro Finance Institutions (MFI) differ from one another in terms of -

In the self-help group, the loan and saving decisions are taken by

What does the microfinance model Not predict:

What is TRUE of group lending clause?

Who introduced the concept of Micro Finance in Bangladesh in the form of the "Grameen Bank"? He is the Nobel laureate known by many as the "father of micro finance systems".

A small loan amount given to low-income households or groups is known as ________ .

Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28th June 2013 ?

Indian Micro Finance Institutes (MFI) usually adopt the group-based lending models, which are of two types. SHG model and JLG model. SHG means Self Help Group and JLG means ?

Self Help Group involves

In which year the Regional Rural Banks Act was passed?

The informal sector loans incorporate _______ .

What is NOT a potential limit of group lending?

What is not a mechanism that contributes to the success of Micro- credits?

The following statements are related to Micro Finance System. Locate the wrong option ?

The beneficiaries of Micro finance business are _____________

What is NOT a source of difficulty in the estimation of the impact of microfinance projects?

Which option blocks the poor to get bank loans?

Which of the following takes the decisions regarding loans and savings in a self-help group (SHG)?

In microfinance the demand side constraints

Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed ?

Microfinance and Small Finance Banks in India

Payment Banks and Entrepreneurship in India

Prepaid Payment Instruments (PPIS) and Venture Capital

Filters

Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28^th June 2013 ?