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Question
State True or False.
Dr. Muhammad Yunus is known as the ‘Father of Rural Banking.
Options
True
False
Solution
The statement is False.
Explanation:
Dr. Muhammad Yunus is known as the "Father of Microfinance" or "Father of Microcredit" for founding the Grameen Bank in Bangladesh to provide small loans to rural poor. He is remembered for his microfinance work, not as the "Father of Rural Banking."
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