Reference no: EM132238320
1. According to the CGAP paper "Financial Services Apps in India" what was an issue in app development which created a barrier to access?
a. Low-income users are experienced with using smartphones
b. English-only user interface
c. None of these
d. Andriod is optimized for entering plain phone numbers or accounts
2. According to the WSJ Article "Turning African Phones Into Wallets" what is a major source of demand for mobile money in sub Saharan Africa?
a. loans
b. none of these
c. transfers and remittances
d. savings
3. According to the Financial Times article "Potential for Social Change if Networks Can Fix Problems" M-Pesa is serving customers who did not have access to banking services previously.
True
False
4. According to the Economist Article "A Better Mattress", which of the following is a reason why local savings are interesting as a form of liquidity of an MFI?
a. to target women
b. to limit foreign exchange impacts
c. none of these
d. as a way to use mobile technology
5. In the case study Opportunity International Bank Malawi, what was used to reduce cost and increase financial access? Select all that apply.
a. Use Grameen style group meetings
b. Post offices as branches
c. Phone banking
d. Trucks as branches
6. According to the Women's World Banking Note "Microinsurance that Works", how do poor women typically manage risk in the absence of insurance? Select all that apply.
a. Open M-pesa accounts
b. None of these
c. Pulling children out of school
d. Selling assets
7. Which financial product is associated with Stuart Rutherford's concept of "saving down"?
a. transfers and remittances
b. loan
c. insurance
d. savings
8. Which of the following is true about M-Pesa?
a. virtual cash can be swapped and transferred between mobile users with a simple text message and a system of codes
b. a network which provides financial and policy advocacy suppot to MFIs
c. a for profit insurance company that provides simplified single risk products to microfinance customers
d. a zero interest peer to peer lending platform
9. According to the webinar Ghana Mobile Banking "Barriers to Mobile Money Transfer Uptake in Ghana" what is a country context issue raised?
a. Culture
b. Foreign Exchange
c. None of these
d. GDP growth
10. Which of the following is true according to Stuart Rutherford's remarks?
a. Grameen's passbook savings program solves the high frequency liquidity needs of clients
b. Grameen's long term savings program solves the high frequency liquidity needs of clients
c. None of these
d. The informal sector is good at financing large sums for life cycle events such as marriage or funeral costs