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    Question

    Which type of loans come under RBI’s digital lending

    norms introduced in 2022 and revised in 2024?
    A Only loans above ₹50,000 Correct Answer Incorrect Answer
    B All loans sanctioned and disbursed digitally Correct Answer Incorrect Answer
    C Loans with biometric verification only Correct Answer Incorrect Answer
    D Only MSME loans Correct Answer Incorrect Answer
    E Loans by NBFCs only Correct Answer Incorrect Answer

    Solution

    Explanation: RBI’s digital lending norms cover all loans where customer onboarding, approval, and disbursal occur digitally, including those by banks, NBFCs, and fintechs. It emphasizes transparency, data protection, and grievance redressal.

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