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Question

Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
Which of the following can be inferred from the passage?

A
Microfinance has been successful only in Asian countries.
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B
Microfinance makes individual borrowers dependent rather than independent.
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C
America has the largest number of banks in the world.
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D
There is scope for microfinance institutions to be profitable in developed countries.
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E
There are no informal sources of credit in developed countries.
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Solution

The correct option is D There is scope for microfinance institutions to be profitable in developed countries.
'There is a scope for microfinance institutions to be profitable in developed countries' can be inferred from the passage.

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