LIC AAO 12 May 2013 Paper

Question : 124 of 160

Marks: +1, -0

What is CGAP’s fear with respect to new entities providing microfinance ?

NGO will be unable to survive in an environment of cut throat competition ijjq
The poor will hesitate to take advantage of credit facilities because of the formalities involved.
The poor in the developed world will be overlooked
The interests of the most deserving among the poor will be neglected.
Shareholders interest will be ignored

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