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Economy & Business MCQs - 2026-07-07

11.
According to the RBI's 2026 digital lending guidelines, what is the primary objective behind mandating a cooling-off period for digital loans?
A To allow borrowers to compare loan offers from multiple platforms.
B To prevent borrowers from taking on excessive debt.
C To ensure that borrowers fully understand the loan terms and conditions before committing.
D To provide a grace period for initial loan repayments.
12.
As per the new guidelines issued by the RBI in 2026 for digital lending platforms, which of the following is NOT a mandatory requirement for a Digital Lending App (DLA)?
A Disclosure of all-in-one pricing.
B Appointment of a Chief Compliance Officer.
C Submission of a certificate of registration from RBI.
D Clear mention of the lending service provider (LSP) on the DLA.
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