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161.
What is the primary objective of the RBI's enhanced transparency measures in digital lending?
A To increase the profitability of digital lending platforms.
B To protect borrowers from unfair practices and ensure fair treatment.
C To reduce the overall cost of borrowing for consumers.
D To encourage more banks to enter the digital lending space.
162.
Which of the following measures has been introduced by the RBI to enhance transparency in digital lending?
A Mandatory disclosure of all charges and fees by lenders.
B Introduction of a standardized Key Fact Statement (KFS) for all digital loans.
C Requirement for lenders to provide a cooling-off period for borrowers.
D All of the above.
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