Economy and Business Current Affairs MCQs

191.

As per the updated RBI guidelines on digital lending (as of 2026), which entity is primarily responsible for ensuring compliance by Digital Lending Apps (DLAs)?

A The Ministry of Electronics and Information Technology (MeitY).

B The Digital Lending Association of India (DLAI).

C The regulated entity (e.g., bank or NBFC) that owns or partners with the DLA.

D The individual borrower through self-declaration.

192.

In 2026, the Reserve Bank of India (RBI) enhanced its digital lending framework. Which of the following is a key objective of these enhancements aimed at borrower protection?

A To increase the number of digital lending apps available to consumers.

B To ensure greater transparency in fees, charges, and repayment schedules.

C To allow lending institutions to charge higher interest rates on digital loans.

D To reduce the data privacy requirements for digital lending platforms.

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Economy & Business MCQs