Question 1

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

Accepted Answer

A) Government 
B) Non-government organisation 
C) Bank 
D) Absence of collateral 
A) Government 
B) Non-government organisation 
C) Bank 
D) Absence of collateral

Question 2

Financial statements are the ………….

Accepted Answer

A) Trading account , Profit and Loss account 
B) Balance sheet 
C) (a) and (b) 
D) Neither (a) nor (b) 
A) Trading account , Profit and Loss account 
B) Balance sheet 
C) (a) and (b) 
D) Neither (a) nor (b)

Question 3

EPS helps in determining the …………. of the equity share of the MFI

Accepted Answer

A) market price 
B) Earning per share 
C) Average price 
D) cost price 
A) market price 
B) Earning per share 
C) Average price 
D) cost price

Question 4

The Financial statement provides accurate and time ……………. Which is useful for all.

Accepted Answer

A) Financial Information 
B) Liabilities. 
C) Assets Information 
D) Marketing Information 
A) Financial Information 
B) Liabilities. 
C) Assets Information 
D) Marketing Information

Question 5

Which microfinance institution is known as the Universal Bank?

Accepted Answer

A) Bandhan Financial Services Private Ltd 
B) Arohan Financial Services Private Ltd 
C) Disha Microfinance Private Ltd 
D) SKS Microfinance Private Ltd 
A) Bandhan Financial Services Private Ltd 
B) Arohan Financial Services Private Ltd 
C) Disha Microfinance Private Ltd 
D) SKS Microfinance Private Ltd

Question 6

What is 'Bank rate'?

Accepted Answer

A) The rate at which commercial banks borrow 
B) The rate at which commercial banks 
C) The rate at which commercial banks. 
D) none of the above 
A) The rate at which commercial banks borrow 
B) The rate at which commercial banks 
C) The rate at which commercial banks. 
D) none of the above

Exam 1: Banking and Microfinance: Exploring Policies and Practices in India