Microfinancing

Microfinancing

1st - 3rd Grade

10 Qs

quiz-placeholder

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Microfinancing

Microfinancing

Assessment

Quiz

Other

1st - 3rd Grade

Practice Problem

Medium

Created by

Jona Marquez

Used 19+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is when money is given to another party in exchange for repayment of the principal amount plus interest

Insurance

Loan

Savings

Transfer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An individual or entity receives financial protection or reimbursement against losses.

Loan

Transfer

Savings

Insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.

Loans

Insurance

Savings

Transfer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

BSP stands for__________________________

Banko Sentral ng Pilipinas

Bank Security of the Philippines

Banking System of the Philippines

Bank Statement of the Philippines

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Microfinance is also called as ____________

Micro environment

Microeconomics

Microcredit

Micro investor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Microfinance offers financial services except:

Microinsurance

Microinvestment

Microsavings

Microcredit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Microfinance is a financial service that offers loans, savings and insurance to entrepreneurs and small business owners who don't have access to traditional sources of capital, like banks or investors.

True

False

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