Question

    Digital lending guidelines issued by the RBI in 2022

    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.

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