Quiz on Grameen Bank and Microfinance

Who founded Grameen Bank?

• Muhammad Yunus

• Elon Musk

• Amartya Sen

• Bill Gates

In which year was Grameen Bank established?

• 1995

• 1990

• 1983

• 1980

What percentage of Grameen Bank's clientele are women?

• 100%

• 90%

• 70%

• 50%

What is the core philosophy of Grameen Bank?

• Credit as a human right

• Profit maximization

• High-interest loans

• Government funding

Which of the following is a key feature of Grameen Bank?

• Legal documentation needed

• High-interest rates

• Peer-lending model

• Collateral required

What award did Muhammad Yunus and Grameen Bank receive in 2006?

• Nobel Peace Prize

• Oscar

• Grammy Award

• Bharat Ratna

Which country has NOT adopted the Grameen model?

• Australia

• USA

• Kenya

• India

What is a significant challenge faced by microfinance institutions?

• Excessive government support

• High savings rates

• Over-indebtedness

• Low interest rates

What is the Self-Help Group-Bank Linkage Programme (SHG-BLP)?

• A peer-lending structure

• An agricultural support program

• A government loan scheme

• A digital banking initiative

Which bank was founded as an NGO before becoming a full-fledged bank?

• Bandhan Bank

• SKS Microfinance

• Rajasthan Gramin Bank

• Ujjivan Small Finance Bank