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      Question

      The RBI’s PRAVAAH portal, mentioned in the context of

      NBFCs, is used for: 
      A Payment settlements Correct Answer Incorrect Answer
      B Loan disbursement Correct Answer Incorrect Answer
      C Regulatory application submission Correct Answer Incorrect Answer
      D Fraud detection Correct Answer Incorrect Answer
      E Customer grievance redressal Correct Answer Incorrect Answer

      Solution

      PRAVAAH stands for Platform for Regulatory Application, Validation and Authorisation, used for submitting regulatory applications.  

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