Potential Questions Question 1: The International Development Association (IDA)

Question

Potential Questions Question 1: The International Development Association (IDA) helped Bangladesh by donating $26 billion for policy reforms and investment projects. They helped Bangladesh with all of the following except A. Education B. Infrastructure C. Private Firms D. Health Question 2: How has the Grameen bank reversed conventional banking techniques and practices? A. By not expecting to ever be paid back by their customers and valuing mutual trust and respect above all else B. By removing the need for collateral and created a banking system based on mutual trust, accountability, participation and creativity C. By instlling certain principles within the community that allow for loans to be given without contracts D. They haven't Question 4: Microfinance influence economic development by: Helping the unemployed to become self-employed. B. It opens access to capital for individuals previously shut out from financial services. C. It increases the choices that millions of near-poor and poor people have to basic financial A. services such as savings funds and insurance services. Question 5: As the country starts to become more developed, what happens to the level of corruption ? A. Increases C. Stays the same D. All of the above

Explanation / Answer

Q1)

IDA helped Bangladesh by donatiing $26 bn with all the following such as Education, Infrastructure, Health but not Private Firms

Hence answer for this question is C

Q2)

Conventional banking is based on Collateral where as Grameen Banking is collateral free banking

therfore our answer is B

Q4)

Microfinance opens an access to capital for individuals previously shut out from financial services.

Hence option B

Q5)

Developing countries are more corrupt in comaprison with other developed nations hence Corrpution will decrease aaaas development starts

Hence option B

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