Match the following microfinance concepts with their descriptions.
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List I (Concepts) |
List II (Descriptions) |
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|
(a) |
Microcredit |
(i) |
Small, often peer-monitored savings products designed for low-income individuals |
|
(b) |
Microsavings |
(ii) |
Financial protection against specific perils for low-income populations |
|
(c) |
Microinsurance |
(iii) |
The use of group responsibility as a guarantee for loan repayment |
|
(d) |
Social Collateral |
(iv) |
Small loans provided to entrepreneurs too poor to qualify for traditional bank loans |
1
a-(ii), b-(iii), c-(i), d-(iv)
2
a-(i), b-(ii), c-(iii), d-(iv)
3
a-(iii), b-(iv), c-(i), d-(ii)
4
a-(iv), b-(i), c-(ii), d-(iii)
5
Question Not Attempted