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Micro Finance

Total questions: 10

Worksheet time: 7mins

Name
Class
Date
1.

Installment loans are repaid in

a)

Montly EMIs

b)

Daily EMIs

c)

Weekly EMIs

d)

Yearly EMIs

2.

Inspection will include

a)

Residence inspection only

b)

Business Activity inspection only

c)

Both residence and business activity inspection

d)

None of the above

3.

Which of the following moves the customer’s transactions from origination to its conclusion?

a)

Transaction processing

b)

Account processing

c)

Loan Processing

d)

Application processing

4.

Data Capture is important to

a)

Identify customers

b)

Identify defaulters

c)

Expand markets

d)

All of the above

5.

Loans are generally given on the basis of suggestion or recommendation of the

a)

Field officer

b)

Loan Officer

c)

Both of the above

d)

None of the above

6.

Which of the following is not done by Field Officer of a microfinance company?

a)

Identify the right source of funds to borrow

b)

Counsel the borrowers on managing the loan

c)

Select the right borrowers for lending

d)

Collect the loan repayments on time

7.

Outreach and (a)   is the process of informing the potential target clients of the MFI's existence, services and procedures

8.

(a)   office is engaged in data entry and enrichment.

9.

Data is part of Data Management.

(a)  

10.

(a)   department supports the front office in various ways though they do not directly deal with the customers of the MFI.