Correct Answer:
B. Muhammad Amjad Saqib
The correct answer is Muhammad Amjad Saqib because he was officially honored with the Ramon Magsaysay Award for his monumental contributions to global poverty alleviation.
- Muhammad Amjad Saqib: This is the correct choice. Dr. Muhammad Amjad Saqib founded Akhuwat, which grew to become the largest interest-free and collateral-free microfinance program in the world. He was selected for the award in recognition of his inspiring belief that human goodness and solidarity can eradicate financial deprivation.
- Incorrect Options:
- Reza Baqir: This is incorrect. He is a prominent economist who formerly served as the Governor of the State Bank of Pakistan.
- Shoukat Tareen: This is incorrect. He is a banker and politician who served as the Finance Minister of Pakistan.
- Sharmila Faruqi: This is incorrect. She is a well-known Pakistani politician from Sindh and has not been involved in establishing international microfinance frameworks.