Microfinance and Socio-Economic Development in India Quiz

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5 Questions

What aspect of socio-economic development in India has microfinance addressed?

Financial exclusion among the low-income population

Who has notably benefited from microfinance in India?

India's vast rural population, especially women in rural areas

What has microfinance in India contributed to poverty reduction?

Providing opportunities for entrepreneurship and self-employment

Which group has microfinance initiatives in India notably focused on?

Women, recognizing their potential to manage finances effectively

What has microfinance facilitated in rural India?

The growth of rural economies, supporting agricultural activities and small-scale industries

Test your knowledge of how microfinance has contributed to socio-economic development in India with this quiz. Explore specific aspects such as financial inclusion, rural outreach, and impact on low-income populations.

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