______ is the provision of small credit to those who would have no other access to financial services.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Microfinance.
Microfinance is the provision of small credit to individuals who would otherwise have no access to financial services. It is aimed at helping low-income individuals, especially in rural or underserved areas, by offering small loans to start or expand businesses. Microfinance institutions provide these services without collateral, allowing people to improve their economic conditions. Microfinance aims to reduce poverty, encourage entrepreneurship, and promote financial inclusion for marginalized groups in society.