When did Dr. Muhammad Yunus won the Nobel Prize?

A. 1996
B. 2006
C. 2009
D. None of these

Dr. Muhammad Yunus won the Nobel Peace Prize in 2006 for his work in microfinance and social business.

Muhammad Yunus won the Nobel Peace Prize in 2006. He was awarded the prize for founding the Grameen Bank and for his work in microfinance and microcredit.
Explanation
Yunus is a Bangladeshi economist, businessman, and politician.
He founded the Grameen Bank in Bangladesh to provide small loans to the poor.
The Grameen model is based on groups of five borrowers who meet with bank managers.
The model uses peer pressure instead of traditional loan collateral.
Yunus has also focused on spreading the concept of “social business”, which is a company that aims to create social good rather than profit.
Yunus has received many other awards, including the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010.
He is also a member of the board of the United Nations Foundation.