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EXAM

Total questions: 55

Worksheet time: 45mins

Name
Class
Date
1.

What does CARD stands for?

a)

Center for Assistance and Rural Development

b)

Center for Agriculture and Rural Development

c)

Cooperative Association for Rural Development

d)

Community Agency for Rural Development

2.

Self-awareness is the reflection of one’s own ___________.

a)

Community

b)

Personality

c)

Family         

d)

Environment

3.
  1. The ROSCA Model operates through:

a)

Bank deposits        

b)

Rotating savings and credit associations

c)

Government subsidies

d)

Insurance groups

4.

Which of the following is NOT an advantage of self-awareness?
                                      
                        

a)

Boosts acceptance  

b)

Leads to better decision-making

c)

Causes misunderstanding

d)

Encourages positive self-development

5.

  CARD Mutually Reinforcing Institutions (MRI) is composed of how many institutions?
                                                                  

a)

15    

b)

  20

c)

25   

d)

31

6.

In the ASA Model, borrowers have:
             
                           

a)

a. Group liability

b)

b. Individual liability

c)

c. No liability   

d)

d. Shared property

7.

  Family awareness involves understanding and appreciation of each member’s ___________.
                                  
                                            

a)

Appearance and possessions 

b)

Job and income  

c)

Needs, feelings, and dynamics

d)

Social status

8.

  CARD MRI offers microinsurance through which of the following programs?
                                                      

               

a)

CARD Hospital 

b)

    CARD MBA

c)

CARD Savings Bank 

d)

CARD Foundation

9.

     Community awareness fosters ___________.



a)

Individual isolation

b)

Shared responsibility and collective action

c)

Competition among members

d)

Disconnection

10.

  The CARD MRI Model originated in what year?

a)

1990

b)

1984

c)

1986

d)

1988 

11.

Consciousness means being ___________ of yourself and your situation.

a)

Aware

b)

Afraid   

c)

Defensive  

d)

Indifferent

12.

    The Credit Union Model is owned and governed by:

a)

Its members   

b)

The government 

c)

Bank officials

d)

Private investors

13.

Which CARD MRI institution provides health services to the poor?

a)

CARD Insurance Inc. 

b)

CARD SME Bank 

c)

CARD Pioneer Microinsurance Inc.

d)

CARD Finance Center

14.

Consistency means having ___________ in behavior or actions.

a)

Irregularity 

b)

Harmony and fairness

c)

Conflict

d)

Change and confusion

15.

Which principle promotes the consistent adherence to ethical standards?

a)

Humility

b)

Simplicity

c)

Integrity

d)

Stewardship

16.

  Carefulness refers to being ___________.

a)

Unconcerned

b)

Careless   

c)

Reckless 

d)

Cautious and thoughtful

17.

CARD MRI’s core values are collectively known as:

a)

CIRCLE   

b)

CFISHES 

c)

CARES  

d)

PLEDGE

18.

  Emotional self-control helps leaders ___________.

a)

Avoid decision-making 

b)

Blame others

c)

Stay calm under pressure

d)

Lose control during crisis

19.

   The CARD MRI Model was founded in which province of the Philippines?

a)

Davao   

b)

Cebu   

c)

San Pablo City, Laguna

d)

Batangas

20.

  Achievement orientation focuses on ___________.

a)

Ignoring performance

b)

Meeting or exceeding standards of excellence

c)

Avoiding competition

d)

Staying average

21.

The founder of the CARD MRI Model is:

a)

Dr. Muhammad Yunus

b)

Dr. Jaime Aristotle B. Alip   

c)

Dr. Dolores M. Torres

d)

Dr. Flordeliza Sarmiento 

22.

Positive outlook means ___________.

a)

Seeing the good in people and situations

b)

Blaming others

c)

Seeing only problems

d)

Ignoring challenges

23.

Which CARD MRI institution provides banking services to small and medium entrepreneurs?

a)

CARD MBA         

b)

CARD SME Bank    

c)

CARD Inc. 

d)

CARD BDS

24.

What is the main goal of the CARD MRI Model?

a)

To fund large businesses

b)

To eradicate poverty through microfinance and social development

c)

To promote banking competition

d)

To increase corporate profit

25.

   What is the first rural bank evolved from a microfinance NGO under CARD MRI?

a)

CARD Bank, Inc.     

b)

CARD Rizal Bank, Inc.    

c)

CARD SME Bank, Inc.

d)

CMDI, Inc.

26.

Teamwork involves ___________.

a)

Working well with others

b)

 Competing constantly 

c)

Rejecting help

d)

Avoiding cooperation

27.

Which CARD MRI institution provides education and training services?

a)

CARD MBA, Inc. 

b)

CARD BDSFI, Inc. 

c)

CARD SME Bank, Inc

d)

CMDI, Inc.     

28.

CARD MRI received the Ramon Magsaysay Award for Public Service in what year?

a)

2008         

b)

2006     

c)

2010    

d)

2012

29.

  CARD MRI’s Vision is to be a:

a)

Government-accredited cooperative

b)

Global financial corporation

c)

Profit-centered banking group

d)

World-class leader in microfinance and community-based social development

30.

The CARD MRI Model began as what type of organization?

a)

Non-Government Organization (NGO)    

b)

Credit union

c)

Bank 

d)

Cooperative 

31.

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

(a)  

32.

The acronym “CFISHES” represents the core values of CARD MRI. Identify what “C” stands for.



(a)  

33.

It is a type of banking service provided to unemployed or low-income individuals who have no access to traditional financial institutions

(a)  

34.

This CARD MRI company bridges microentrepreneurs to the mainstream market and promotes locally made products

(a)  

35.

This microfinance model often forms part of larger community development programs that include savings and income-generating projects.



(a)  

36.

Identify CARD MRI’s information technology arm that provides ICT support to its institutions.



(a)  

37.

A model that group of five prospective borrowers is formed. In the first stage, only two of them are eligible for and receive a loan.

(a)  

38.

The person who introduced the Grameen Bank concept in Bangladesh.

(a)  

39.

This institution was established in partnership with Pioneer to offer non-life microinsurance products.



(a)  

40.

It is a model has a unique, member-driven, and self-help financial institution.

(a)  

41.

The mobile application developed to help micro-entrepreneurs manage their sari-sari stores through digital tools.

(a)  

42.

This microfinance model started in 1986 as an NGO focusing on health, education, microinsurance, and market support.

(a)  

43.

The official pharmacy of CARD MRI that provides discounted generic medicines to members.



(a)  

44.

A model that is a community-based credit and savings associations.

(a)  

45.

The first rural bank that evolved from a microfinance NGO.

(a)  

46.

Microfinance provides financial services to low-income individuals who lack access to traditional banking.

a)

TRUE

b)

FALSE

47.

The main goal of microfinance is to help the rich expand their businesses.

a)

TRUE

b)

FALSE

48.

The first rural bank that evolved from a microfinance NGO under CARD MRI is CARD SME Bank, Inc.

a)

TRUE

b)

FALSE

49.

CARD MRI Hijos Tours, Inc. promotes tourism, culture, and local heritage.

a)

TRUE

b)

FALSE

50.

CARD MRI is composed of 35 mutually reinforcing institutions

a)

TRUE

b)

FALSE

51.

CARD Astro Laboratory, Inc. manufactures technology products for agriculture

a)

TRUE

b)

FALSE

52.

Microfinance supports entrepreneurship among poor and marginalized individuals.

a)

TRUE

b)

FALSE

53.

Bakawan Data Analytics, Inc. focuses on using data analytics for financial inclusion.

a)

TRUE

b)

FALSE

54.

Fortress Data Services PTE. LTD. is a Singapore-based IT company partnered with CARD MRI.

a)

TRUE

b)

FALSE

55.

CARD MRI focuses only on providing financial services.

a)

TRUE

b)

FALSE