Digital lending guidelines issued by the RBI in 2022

Q: Answer-Digital lending guidelines issued by the RBI in 2022 emphasized which of the following?

RBIs guidelines on digital lending mandate that loans must be originated and disbursed only by regulated entities to curb malpractices and protect borrowers.

emphasized which of the following?

A Mandating blockchain use Correct Answer Incorrect Answer

B Loan disbursal only through regulated entities Correct Answer Incorrect Answer

C Capping interest rates for NBFCs Correct Answer Incorrect Answer

D Mandatory physical KYC Correct Answer Incorrect Answer

E Linking credit to crypto wallets Correct Answer Incorrect Answer

Solution

RBI's guidelines on digital lending mandate that loans must be originated and disbursed only by regulated entities to curb malpractices and protect borrowers.

Practice Next

Relevant for Exams:

SBI CBO

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question