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      Question

      Which of the following is correct about RBI's Unified

      Lending Interface (ULI)?
      A ULI is designed to provide lenders with consent-based digital access to customers' financial and non-financial data. Correct Answer Incorrect Answer
      B ULI will only be available to government banks. Correct Answer Incorrect Answer
      C ULI is intended exclusively for urban lending. Correct Answer Incorrect Answer
      D ULI will be integrated into the UPI system. Correct Answer Incorrect Answer
      E ULI will replace the credit bureau system in India. Correct Answer Incorrect Answer

      Solution

      ULI is designed to provide lenders with consent-based digital access to customers' financial and non-financial data, including land records, to streamline credit appraisal.

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