Question

    What is the purpose of the Unified Lending Interface

    (ULI) platform developed by RBI?
    A Simplify the taxation process for MSMEs Correct Answer Incorrect Answer
    B Enable seamless credit delivery with faster processing times Correct Answer Incorrect Answer
    C Provide direct subsidies to farmers Correct Answer Incorrect Answer
    D Manage international trade finance systems Correct Answer Incorrect Answer
    E Establish a centralized loan recovery mechanism Correct Answer Incorrect Answer

    Solution

    The ULI platform integrates financial and non-financial data to facilitate quick and efficient loan disbursal.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question