Top 50+ Solved Micro Finance MCQ Questions Answer
Q. Which of these was the first RRB to be set up in India?
a. Gaur Gramin Bank
b. Pratham Bank
c. Himachal Bank
d. Aruchal Rural Bank
Q. Which microfinance institution is known as the Universal Bank?
a. A) Bandhan Financial Services Private Ltd
b. B) Arohan Financial Services Private Ltd
c. C) Disha Microfinance Private Ltd
d. D) SKS Microfinance Private Ltd
Q. What option block the poor to get bank loans?
a. A) Absence of collateral
b. B) High rates of interest
c. C) Complexity of procedure
d. D) None of the above
Q. In the self-help group, the loan and saving decisions are taken by
a. A) Government
b. B) Non-government organisation
c. C) Bank
d. A) Absence of collateral
Q. In India, which organizations take care of the agriculture and rural development credits
a. A) IDBI
b. B) NABARD
c. C) ICAR
d. D) FCI
Q. What is Pradhan Mantri Suraksha Bima Yojana (PMSBY) Life insurance cover
a. Accidental insurance cover
b. Life insurance cover
c. Overdraft up to Rs.5,000/-
d. d) None of above
Q. Self Help Group involves
a. Group of 5 to 20 people
b. Regular saving habits
c. Inter-lending within the group members
d. All of above
Q. The Financial statement provides accurate and time ……………. Which is useful for all.
a. Financial Information
b. Liabilities.
c. Assets Information
d. Marketing Information
Q. Balance sheet is the summary of …………………
a. General Information
b. Financial position
c. profit and loss position
d. loan status
Q. Financial statements are the ………….
a. Trading account , Profit and Loss account
b. Balance sheet
c. (a) and (b)
d. Neither (a) nor (b)
Q. EPS helps in determining the …………. of the equity share of the MFI
a. market price
b. Earning per share
c. Average price
d. cost price
Q. Debt equity ratio ascertains soundness of………. financial position
a. long term
b. Short term
c. Yearly
d. all of above
Q. Two basic measures of liquidity are :
a. (A) Inventory turnover and Current ratio
b. (B) Current ratio and Quick ratio
c. (C) Gross Profit ratio and Operating ratio
d. (D) Current ratio and Average
Q. Current Ratio is :
a. (A) Solvency Ratio
b. (B) Liquidity Ratio
c. (C) Activity Ratio
d. (D) Profitability Ratio