Question
What is NOT correct about P2P lending in India?
What is NOT correct about P2P lending in India?
i. This is unsecured lending by crowd-funding
ii. Individual or businesses can borrow from the P2P platforms
iii. P2P lending platforms are banned in few countries
iv. Expecting tight regulation the number of P2P player is declining rapidly in India
More Economy and Banking and Finance Static Concepts Questions
- Which electronic funds transfer system in India is available 24/7 throughout the year, including on holidays also?
- Which of the following is not the function of ATM?
- __________________ is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a na...
- Which of the following is true about Cash Credit (Bank Loan)? I. Cash credit is an arrangement whereby the bank allows the borrower to draw amount up to a...
- How much penalty is to be paid by a person having more than one Permanent Account Number (PAN card)?
- Axis Bank has its Head office in __________ and Registered office in _________ .
- .............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers to ...
- Exim Bank was established in the year
- KYC guidelines followed by the Banks have been framed on the recommendations of the ______
- DRT and SARFAESI are the two methods adopted by Bank for
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
