1. What does the transformation of Peru’s nonprofit organization into a bank illustrate?
(A) To compete with commercial banks, microfinance institutions should convert into banks and offer a wide variety of services.
(B) Microfinance institutions turn higher profits as banks since interest rates on loans are at their discretion.
(C) The poor prefer to go to large banks rather than NGOs to obtain loans.
Responda
None
Both (A) & (B)
All (A), (B) & (C)
Only (A)
None of these
Questão 2
Questão
2. What was the impact of the non disclosure of their interest rates by lending institutions ?
Responda
The Government issued sanctions against such firms. ,
Shareholders interests were not protected.
More microfinance institutions were motivated to go public.
The poor were exploited.
None of these
Questão 3
Questão
3. What is the author’s opinion about the competition for customers among micro financiers?
Responda
It benefits the poor by providing them with loans they would have otherwise not had access to.
It is futile since the poor have to pay high rates of interest on property loans.
It is not beneficial since firms waste their profits on marketing rather than helping the poor.
It is a disadvantage since micro financiers use any means possible to recover loans.
None of these
Questão 4
Questão
4. Which of the following is/are the challenge/s faced by Mibanco at present from big banks ?
(A) Ensuring loyalty of their customers. .
(B) Retention of employees.
(C) Maintaining low interest rates.
Responda
Only (C)
Both (A) & (B)
Both (B) & (C)
Only (B)
None of these
Questão 5
Questão
5. Which of the following is/are consequence/s of micro financiers altering their business models ?
(A) Larger loan amounts get sanctioned.
(B) Debt among the poor has fallen in some countries.
(C) Drop in the loans awarded to women.
Responda
Both (A) & (B)
Both (A) & (C)
Only (C)
All (A), (B) & (C)
None of these
Questão 6
Questão
6-8.Choose the word which is most similar in meaning to the word printed in bold as used in the passage.
6. depart :
Responda
absent
retirement
divide
expire
vary
Questão 7
Questão
7. piqued :
Responda
provoked
irritated
disturb
offended
fascinated
Questão 8
Questão
verge :
Responda
tend
crossroad
ascent
slope
threshold
Questão 9
Questão
9-10.Choose the word which is most opposite in meaning of the word printed in bold as used in the passage.
9. aspiring :
Responda
uninterested
ungrateful
anxious
miserable
fraudulent
Questão 10
Questão
core :
Responda
clear
unnecessary
crust
beside
uncoordinated
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