Question : Which of these is not one of the rationales behind microfinance?
Option 1: Many innovative institutional mechanisms have developed across the world to enhance credit, even in the absence of formal mortgages.
Option 2: More than access to credit needs subsidies
Option 3: The absence of formal employment makes the poor non 'bankable'
Option 4: More than subsidies need access to credit
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Correct Answer: More than access to credit needs subsidies
Solution : The incorrect option is More than access to credit needs subsidies.
A subset of financial services Microfinance is aimed at people and small enterprises without access to traditional banking and associated services. Through microfinance, people can safely and ethically take out small business loans that are reasonable and adhere to ethical lending standards. Financial services are offered to low-income individuals by MFI.
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Question : Select the most appropriate synonym of the word 'Flung' from the given sentence. The entrepreneur's innovative strategies propelled his startup to success.
Option 1: Strategies
Option 2: Innovative
Option 3: Success
Option 4: Propelled
Question : If the income of R is 30% more than the income of Q and the income of Q is 20% more than the income of P, the income of R is how much percentage more than the income of P?
Option 1: 56%
Option 2: 28%
Option 3: 44%
Option 4: 51%
Question : The marginal revenue of a monopolist is
Option 1: more than price .
Option 2: equal to price .
Option 3: less than price .
Option 4: less than marginal cost .
Question : Find the part of the given sentence that has an error in it. If there is no error, choose 'No error'.
More than 40 percent of the world's population lives in regions where water has becoming increasingly scarce.
Option 1: has becoming increasingly scarce.
Option 2: lives in regions where water
Option 3: More than 40 percent of the world's population
Option 4: No error
Question : Directions: There are five friends I, J, K, L, and M. K's income is more than L's income but less than M's income. J's income is the least. I's income is less than K's income. Whose income is the maximum?
Option 1: L
Option 2: I
Option 3: K
Option 4: M
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