Top 80+ Solved Trends and Cases in Finance MCQ Questions Answer
Q. Loans to poor people by banks have many limitations including lack of securityand high operating cost. So to help them which type of finance system developed ?
a. Ponzi schemes
b. Micro Finance System
c. Money Laundering Schemes
d. Money tampering finance
Q. The following statements are related to Micro Finance System. Locate the wrongoption ?
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
Q. 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. C. D. Deshmukh
b. Amartya Sen
c. Muhammad Yunus
d. Sheik Haseena
Q. The beneficiaries of Micro finance business are _____________
a. Land Less labour
b. Marginal farmers
c. Vendors in the small markets
d. All the above
Q. The Micro Finance Institutions (MFI) differ from one another in terms of –
a. Product offering
b. Loan repayment Structure
c. Product offerings
d. All of these
Q. 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 ?
a. Joint Liability Game
b. Josh Liability Group
c. Joint Loan Group
d. Joint Liability Group
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. In microfinance the demand side constraints
a. Is lack of awareness
b. distance from bank branch
c. unsuitable product
d. communication
Q. Which microfinance institution is known as the Universal Bank?
a. Bandhan Financial Services Private Ltd
b. Arohan Financial Services Private Ltd
c. Disha Microfinance Private Ltd
d. SKS Microfinance Private Ltd
Q. 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 ?
a. Ponzi schemes
b. Micro Finance System
c. Money Laundering Schemes
d. Money tampering finance
Q. The following statements are related to Micro Finance System. Locate the wrong option ?
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
Q. 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. C. D. Deshmukh
b. Amartya Sen
c. Muhammad Yunus
d. Sheik Haseena
Q. What is Pradhan Mantri Suraksha Bima Yojana (PMSBY) Life insurance
a. cover Accidental insurance
b. cover Life insurance cover
c. Overdraft up to Rs.5,000/-
d. None of above