Question
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 IndiaSolution
While P2P lending platforms are banned in Japan and Israel, they are regulated as banks in France, Germany and Italy, and are exempt from any regulation in China and South Korea (Annual Report RBI). In India, there are currently many online P2P lending platforms and the sector has been growing at a rapid pace. The Reserve Bank released a consultation paper on P2P lending in April 2016. P2P platforms are proposed to be regulated as a separate category of NBFCs.
In each of the following questions, an idiomatic expression/a proverb has been Highlighted – followed by four alternatives. Choose the one which best...
Pull yourself together
An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may ...
Pitch in
In the question below, a sentence is given with a part missing. From the options below, choose the correct combination of idioms that can fit in the bl...
- Select the most appropriate meaning of the idiom given in bold.
After the product failed, the marketing team tried to wash their hands of the whole... For some, good education is a necessary evil to get a chance at a better life.
Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
After three failed start-ups, Arjun reluctantly ab...
Select the most appropriate meaning of the given idiom.
Be hard up
Choose the correct meaning of the bold idiom.
The speaker broke down in the middle of his speech.
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