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QUIZ 1

Authored by Sheilla Mhay

Business

Professional Development

Used 2+ times

QUIZ 1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individual model does not include the formation of groups or generating peer pressures to ensure repayment.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  ASA model features include a group liability approach, withdrawable savings, systems compliant with accounting standards, and easy to audit and detect fraud.

FALSE

TRUE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

CARD-MRI model is a straight-forward credit lending model where microloans are given directly to the borrower.

FALSE

TRUE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A group of five prospective borrowers is formed in ASA model in which only two of them are eligible for and received a loan in the first stage.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Village banking model is very much like associations and Community Banks except that their ownership structure does not include the poor.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Group members in cooperative are jointly accountable for the repayment of each other’s loans and usually meet weekly to collect repayments.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

CARD-MRI Model is the most prevalent microfinance delivery in the world because of its high focus on standardization, discipline, and poverty eradication programs.

TRUE

FALSE

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