Which of the Following Statements Captures the Idea of Microcredit

question 206

Multiple Choice

Which of the following statements captures the idea of microcredit that has developed in South Asia?

• A) accepts development loans only from lenders in the developing world
• B) forgives all but a meager 5 percent of foreign debt owed by countries
• C) makes small loans available to poor entrepreneurs
• D) offers collateral-free loans to private, locally owned companies

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Definitions:

Percentile

A statistical value indicating the relative position of a score within a larger set, showing the percentage of scores that fall below it.

Harry Potter Trivia

Facts, details, or pieces of information related to the Harry Potter series, typically used in quizzes or as entertainment.

Potterhead

A fan or enthusiast of the Harry Potter series, often deeply knowledgeable about the universe created by J.K. Rowling.

Standardized

The process of making something conform to a standard, ensuring consistency across different instances or measurements.