Question : Who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance?
Option 1: Muhammad Yousuf
Option 2: Muhammad Yunus
Option 3: Mohammad Wasim
Option 4: Mohammad Asif
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Correct Answer: Muhammad Yunus
Solution : The correct option is Muhammad Yunus .
The Nobel Peace Prize was awarded to Muhammad Yunus, a social entrepreneur, banker, economist, and leader of civil society from Bangladesh. He founded the Grameen Bank and invented the ideas of microcredit and microfinance.
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