Economics of Microfinance — DU B.A. (V.S.) Small And Medium Enterprise Previous Year Question Papers

1. Answer any two out of the three parts of the question. (a) Define Microfinance and discuss its core components and objectives in the Indian context. (b) Trace the evolution and growth of Microfinance in India, highlighting key phases, institutions, and policy shifts since the 1970s. (c) Evaluate the contribution of Microfinance to poverty reduction and women's empowerment in rural India. Support your answer with examples from any government or NGO-led programme. 2. Answer both parts of the question. (a) Discuss various rural financial products. What are the constraints in the provision of rural financial services in India? (b) Why do the poor need microfinance? What are some key principles of microfinance? (9,9) 3. Answer any two out of the three parts of the question. (a) Discuss the various credit lending models. (b) How to form a Self-Help Group? Discuss the stages of forming a Self-Help Group. (c) Why has Grameen Bank been more successful in Bangladesh, and why have Self-Help Groups been more successful in India? (9,9) : 4. Discuss in detail the various strategies of risk minimisation for MFIs. (18) 5. Answer all parts of the question. (a) Define social rating and credit rating in the context of Microfinance Institutions (MFIs). (b) Discuss two major challenges faced in rating MFIs in India. (c) What are the lending abuses by MFIs, and what are the protective measures from donors? 6. Answer all parts of the question. (a) State the objectives and core features of the MUDRA Yojana. (b) Discuss how PMJDY has supported micro-enterprises and financial inclusion for low- income households in India. (c) Evaluate the complementarity between MUDRA Yojana and other government initiatives, such as