Question
Download Solution PDFWho among the following is a Nobel laureate, also known as the father of micro finance systems?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Muhammad Yunus.Key Points
- Muhammad Yunus is a Nobel Prize winner and also known as the father of microfinance.
- Microfinance refers to providing small loans to people who are unable to access traditional banking services, especially in developing countries.
- Muhammad Yunus pioneered this concept and founded Grameen Bank in Bangladesh in 1983.
Additional Information
- Amartya Sen is an Indian economist and philosopher who won the Nobel Prize in Economics in 1998 for his work on welfare economics.
- He is known for his contributions to the study of social choice theory and development economics.
- Raghuram Rajan is an Indian economist who served as the Governor of the Reserve Bank of India from 2013 to 2016.
- He is known for his work on financial regulation and macroeconomics.
- Sandra Rothenberg is an American professor and researcher who is known for her work on corporate social responsibility and sustainability.
- She has written several books and articles on these topics.
Last updated on Jul 12, 2025
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