Induction Test 01

What is Microfinance ?

• Small Loans
• Micro-management of finance
• Micro income
• Micro product

Why Micro Loans are given to women?

• For daughter's marriage
• For Shopping
• For income generation
• For buying medicines

What we give as a loan?

• Small loans
• Small loans with keeping security
• Small loans with guarantee of repayment
• Small loans without any security

Who is our borrower?

• Small children
• Women
• Low Income Women
• Only Rural people

Whom do we enroll as our client

• only interested women
• only eligible women
• only poor women
• poor, intersted and eligible women

Where collection is done?

• At the Branch
• At the Centre
• At customer's house
• Anywhere as per comfort of customer

Why do we give loans to women clients only?

• Women empowerment
• Women have good savings habit
• Women have good spending habit
• All of the above

Forming a group involves

• Proximity
• Mutual Trust
• Age Limit
• All of the above

KYC Means

• Know Your Company
• Know Your Customer
• Know Your Client
• Know Your Cash

Aadhar Card is a

• Proof of Identity
• Proof of Address
• Proof of Identity and Address
• None of these