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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. When does Yunus meet Governor Bill Clinton?
(a) March 1985.
(b) February 1986.
(c) February 1987.
(d) March 1989.

2. Grameen Bank provides housing loans at what interest rate?
(a) 5 percent.
(b) 20 percent.
(c) 10 percent.
(d) 8 percent.

3. How many women are required for a Full Circle Fund group to begin borrowing?
(a) Two.
(b) Three.
(c) Five.
(d) Ten.

4. Which European government gives the CARD program a poor rating?
(a) Spain.
(b) France.
(c) Germany.
(d) Sweden.

5. What percentage of the aid money given to Bangladesh is estimated to actually be spent in the country?
(a) 75 percent.
(b) 25 percent.
(c) 85 percent.
(d) 45 percent.

6. In what year does Grameen receive a cellular phone license?
(a) 2001.
(b) 1996.
(c) 1998.
(d) 2002.

7. Yunus calls the ____________ the "Grameen micro-credit highway."
(a) Housing loan.
(b) Basic loan.
(c) Pension fund.
(d) Education loan.

8. Yunus argues that World Bank policies affect who the most?
(a) New poor.
(b) Old poor.
(c) Farmers.
(d) Investors.

9. When does Yunus tell Governor Clinton that he can start a Grameen program in Arkansas?
(a) The next month.
(b) Six months.
(c) One year.
(d) The next day.

10. What is the source of power for the cellular phones in the villages of Bangladesh?
(a) Electricity.
(b) Generators.
(c) Solar energy.
(d) Wind turbines.

11. At an annual workshop held by the Grameen Bank in 1982, what proposal is drawn up?
(a) Survival Rules.
(b) Laws of Grameen.
(c) Ten Decisions.
(d) Rules of Prosperity.

12. How long does it take to transition all the branches into Grameen Bank II?
(a) Two months.
(b) Eight months.
(c) One year.
(d) Two years.

13. Yunus would define development by focusing on the quality of life for what part of the population?
(a) Upper 50 percent.
(b) Lower 25 percent.
(c) Lower 50 percent.
(d) Upper 25 percent.

14. The first Microcredit Summit was held in what year?
(a) 2002.
(b) 1997.
(c) 1990.
(d) 1996.

15. What international aid agency is Yunus particularly critical of?
(a) United Nations.
(b) UNICEF.
(c) World Bank.
(d) Habitat for Humanity.

Short Answer Questions

1. Who does the Prime Minister of Bangladesh call during the launching ceremony of GrameenPhone?

2. Grameen believes that _________ is one of the primary components of moving individuals out of poverty.

3. What organization in Chicago starts the Full Circle Fund?

4. Yunus estimates that Internet use worldwide is __________ every year.

5. What is one of the hardest years ever for Grameen on many fronts?

(see the answer keys)

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