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Microfinance Practice Test
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Avg score: 72% Most missed: “What option block the poor to get bank loans?”

Microfinance is a category of financial services targeting individuals and small businesses (low-income individuals or groups) who lack access to conventional banking and related services. (Source: Wikipedia)

Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services.

Microfinance Practice Test
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16 Questions

1. Self Help Group involves
2. Debt equity ratio ascertains soundness of………. financial position
3. Balance sheet is the summary of …………………
4. Which of these was the first RRB to be set up in India?
5. Financial statements are the ………….
6. What is Pradhan Mantri Suraksha Bima Yojana (PMSBY) Life insurance cover
7. In which year the Regional Rural Banks Act was passed?
8. What is the share of Sponsor Banks in the Regional Rural Banks?
9. In which year the Regional Rural Banks Act was passed?
10. Self Help Group involves
11. What option block the poor to get bank loans?
12. Balance sheet is the summary of …………………
13. Which microfinance institution is known as the Universal Bank?
14. What is the share of Sponsor Banks in the Regional Rural Banks?
15. Which microfinance institution is known as the Universal Bank?
16. What option block the poor to get bank loans?