Economics · Banking and Finance
Consider the following statements regarding the Grameen Bank Model: 1. Professor Muhammad Yunus is known as the father of Grameen Bank. 2. Grameen Bank was officially established as an independent bank in the year 1978. 3. The historical loan repayment rate of Grameen Bank is approximately 80%. Which of the above statements is/are NOT correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 2Only 1 and 3
- 3Only 2 and 3✓
- 4Only 1 and 2
Correct answer
Only 2 and 3
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