Economics · Microfinance
Match the microfinance concepts in List I with their descriptions in List Ii. List I (Concepts): (a) Microcredit (b) Microsavings (c) Microinsurance (d) Social Collateral List II (Descriptions): (i) Small, often peer-monitored savings products designed for low-income individuals (ii) Financial protection against specific perils for low-income populations (iii) The use of group responsibility as a guarantee for loan repayment (iv) Small loans provided to entrepreneurs too poor to qualify for traditional bank loans
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a-(ii), b-(iii), c-(i), d-(iv)
- 2a-(i), b-(ii), c-(iii), d-(iv)
- 3a-(iii), b-(iv), c-(i), d-(ii)
- 4a-(iv), b-(i), c-(ii), d-(iii)✓
Correct answer
a-(iv), b-(i), c-(ii), d-(iii)
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