Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
Fintech platforms innovate credit delivery through instant loans, data-driven risk assessment, and app-based customer interfaces. However, unscrupulous digital lenders can misuse user data or charge exorbitant rates. RBI guidelines aim to protect borrowers by mandating transparency, secure data handling, and fair recovery practices. For exam queries, note how digital lending expands financial inclusion for underserved demographics, while robust regulation ensures consumer protection and macro-financial stability.
What does the term “capital account” refer to in the balance of payments?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhich organization is responsible for estimating India’s Gross Domestic Product (GDP)?
View QuestionWhat is “CRR” in banking terminology?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
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