
Microfinance Operations Quiz
Authored by Justine Plucena
Business
University
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30 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This insurance product is offered because of natural phenomena that often affect the livelihood of MFI clients
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This insurance has been in existence among MFIs where clients contribute a certain amount to cover loan balance of deceased members.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The benefit of this insurance is given upon the death of the client who paid a certain premium for a particular period of time, and is directly given to the client’s beneficiaries.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This insurance covers the hospitalization and medicines.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insure means protection from harm.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insurance allows individuals to pay for some or all of a financial loss that is linked to unpredictable events or risk.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Risk pooling is a system where each member pays a small amount called amortization.
True
False
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