Sample Questions on Microfinance

Sample Questions on Microfinance

Assessment

Quiz

Business

University

Easy

Created by

Estrullo Mae

Used 2+ times

FREE Resource

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35 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Republic Act 10693 is also known as “Microfinance NGOs Act.”

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Microfinance provides service to people who are underserved by commercial banks.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Microfinance serves people who can provide collateral for their loan.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Members of Microfinance are mostly women. TRUE

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

JP Morgan is a global nonprofit organization founded in 1997 by Alex Counts, inspired by the work of Nobel laureate Muhammad Yunus and his Grameen Bank.

TRUE

FALSE

6.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

These are people served by Microfinance Institutions:

Low-income families

Poor people

People with lack access to commercial banks.

Urban families

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Microfinance's dynamics include:

I. Providing services to wider geographical areas and diverse markets, including multinational corporations. II. Effectively mitigating risks
III. Balancing financial sustainability
IV. Prioritizing borrowers who are connected to politicians

The first statement only

Second and third statements

First and last statements

All statements

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