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Microfinance (Laghubitta) Officer Exam — Practice Quiz (Set 3)

By sushil / October 6, 2026

Microfinance (Laghubitta) Officer Exam — Practice Quiz (Set 3)

10 questions · 15 minute time limit

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Microfinance institutions (Laghubitta) primarily aim to provide financial services to: Low-income individuals and small entrepreneurs who lack access to traditional banking Only large multinational corporations Government ministries exclusively Foreign tourists visiting Nepal

'Financial inclusion' refers to: Ensuring access to useful and affordable financial products and services for all segments of society Excluding small businesses from banking services A tax policy for large corporations A type of insurance exclusive to the wealthy

A 'group lending' model commonly used in microfinance relies on: Peer support and joint liability among group members to ensure loan repayment Individual collateral of high-value property Government guarantees for every loan Lending only to registered corporations

Which of the following is a typical feature of a microfinance loan? Small loan size tailored to low-income borrowers' needs Extremely large loan amounts exceeding bank limits No repayment schedule at all Available only to publicly listed companies

A cooperative in the financial sector operates on the principle of: Member-owned and democratically controlled enterprise for mutual benefit Maximizing profit for a single external owner Government-only ownership and control Serving exclusively foreign investors

'Microcredit' specifically refers to: Small loans extended to individuals, often without traditional collateral Large corporate loans from international banks Government subsidies for farmers Loans given only to university students

Why might microfinance institutions charge relatively higher interest rates than commercial banks? Higher per-unit administrative costs of processing many small, uncollateralized loans Because they aim to discourage all borrowing Government mandates uniformly higher rates for the poor They are legally required to match stock market returns

A key social objective of microfinance, beyond profit, is often to: Reduce poverty and empower underserved communities economically Replace all commercial banks entirely Maximize shareholder dividends above all else Focus exclusively on urban wealthy clients

'Savings mobilization' in microfinance refers to: Encouraging and collecting small regular savings deposits from clients Discouraging any form of saving among clients Investing exclusively in foreign currency markets A government tax collection program

Which regulatory body typically oversees microfinance institutions in Nepal's financial system? Nepal Rastra Bank (the central bank) The Ministry of Foreign Affairs The Department of Transport Management The Election Commission

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