Multiple choice

The Grameen Bank has been successful because:

  1. it gives loans to risky borrowers

  2. it has broken the monopoly of commercial banks

  3. its repayment rate is 95%

  4. it has changed the system, of guarantee
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

All the given options are correct as evidenced by the information provided by passage so we have to choose the most appropriate reason for success of Grameen Bank. The commercial success of a bank depends upon to whom, how or at what rate a loan is given but how much of loan has been repaid. Therefore option (3) is most appropriate answer choice.

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