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    Question

    Which organisation has the authority to whitelist the

    Digital Lending Apps?
    A TRAI Correct Answer Incorrect Answer
    B DOT Correct Answer Incorrect Answer
    C RBI Correct Answer Incorrect Answer
    D SEBI Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    After detailed deliberations on legal, procedural and technical aspects of the issue, Finance minister asked the Reserve Bank of India to prepare a whitelist of all the legal apps, and the ministry of electronics and information technology would ensure that only the white-listed apps are hosted on app stores.

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