Grameen Bank of Bangladesh was started by:
Show Hint
- Mohammad Ali
- Mohammad Amir
- Mohammad Irshad
- Mohammad Yunus
The Correct Option is D
Solution and Explanation
This question tests knowledge of microfinance and the establishment of the Grameen Bank, a pioneering institution in the field of microfinance.
Step 2: Background of Grameen Bank:
The Grameen Bank was established in Bangladesh in 1983.
It was founded by Professor Mohammad Yunus.
The bank is renowned for its innovative microcredit system, which provides small loans to poor individuals, particularly women, to help them start small businesses and lift themselves out of poverty.
Mohammad Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize in 2006 for their efforts to create economic and social development from below.
Step 3: Evaluating Other Options:
• (A) Mohammad Ali: An American boxer and activist, not related to the Grameen Bank.
• (B) Mohammad Amir: A Pakistani cricketer.
• (C) Mohammad Irshad: Not associated with the Grameen Bank.
• (D) Mohammad Yunus: The correct answer, founder of the Grameen Bank.
Step 4: Final Answer:
The Grameen Bank of Bangladesh was started by Mohammad Yunus. Therefore, option (D) is correct.
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