Mohammad Yunus established which of the following banks in 1983?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Grameen Bank.
- In 1983, Mohammad Yunus established the Grameen Bank.
- The Grameen Bank is a microfinance organization and community development bank in Bangladesh.
- It was founded with the goal of providing small loans to the impoverished without requiring collateral, empowering them to engage in self-employment projects and improve their economic conditions.