Question:
Providing small loans that are repaid within short periods of time used by low income individuals is called
Providing small loans that are repaid within short periods of time used by low income individuals is called
Show Hint
'Micro' means small. Microfinance refers to small-scale financial services for people who can't access large banks.
Updated On: Sep 22, 2025
- Credit
- Microfinance
- Capital
- Bonus
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
Microfinance is a category of financial services targeted at individuals and small businesses who lack access to conventional banking and related services. It includes microcredit (small loans), savings, and insurance, all designed for low-income individuals.
Was this answer helpful?
0
0
Top Questions on Project Management
- The reduction in project time normally results in
- CUET (PG) - 2025
- Water Engineering and Management
- Project Management
- Earliest finish of an activity is always:
- CUET (PG) - 2025
- Water Engineering and Management
- Project Management
- Arrange the steps in sequential manner as followed for Programme Evaluation and Review Technique (PERT).
A. Planning
B. Organising
C. Scheduling
D. Coordinating and Controlling
Choose the correct answer from the options given below:- CUET (PG) - 2025
- Healthcare and Hospital Management
- Project Management
Match the LIST I with LIST II
LIST-I LIST-II A. Retail market I. Books B. Local market II. World Trade Organization C. World market III. Final consumers D. Capital market IV. Village
Choose the correct answer from the options given below:- CUET (PG) - 2025
- Animal Science
- Project Management
- The process of raising capital to carry out various activities in marketing is called
- CUET (PG) - 2025
- Animal Science
- Project Management
View More Questions
Questions Asked in CUET PG exam
- What is the least number which, when divided by 7, 12 and 15 leaves 1 as the remainder in each case?
- CUET (PG) - 2025
- LCM and HCF
- The following table shows the total number of people who were stuck in traffic jam while going to their office on working days of a week due to construction of a flyover. Table also shows the ratio of male to female among them. Find the average number of females who were stuck in traffic on working days.
- The following table shows the total number of people who were stuck in traffic jam while going to their office on working days of a week due to construction of a flyover. Table also shows the ratio of male to female among them. If 30% males on Tuesday and 60% males on Wednesday reached their office on regular time of the office, then how many males got late on Tuesday and Wednesday taken together?
- Study the following table and answer the question that follows. If the population of state B is 42,00,000 and the population of state C is 32,00,000, then what is the sum of number of females below poverty line in state B and number of males below poverty line in state C?
- Correct the following sentence by replacing the underlined word from the given options: Chanakya, also known as Kautilya the strategist, lived ............ the reign of Chandragupta Maurya.
- CUET (PG) - 2025
- Prepositions
View More Questions