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.
According to the author, what has enhanced the likelihood of success for Grameen in America at the present?

• A. Its success in Bangladesh and other developing countries.
• B. The absence of other microfinance institutions for competition.
• C. The fact that America is currently in the midst of a recession.
• D. It provides loans at nominal rates of interest, i.e., below 15%.
• E. None of the above.

Answer 1

The correct option is E None of the above.

None of the above.