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 is meant by “credit rating”?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat is “currency devaluation”?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat is “quantitative easing”?
View QuestionWhat is “inclusive growth”?
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