Question

    Fi was able to acquire an NBFC license from RBI in part

    to address regulatory changes impacting:
    A Credit ratings Correct Answer Incorrect Answer
    B Online credit distribution Correct Answer Incorrect Answer
    C Offshore banking licenses Correct Answer Incorrect Answer
    D Cryptocurrency transactions Correct Answer Incorrect Answer
    E Stock market investments Correct Answer Incorrect Answer

    Solution

    The acquisition of the NBFC license by Fi was partly in response to RBI's stringent regulations on online credit distribution, indicating an alignment with regulatory changes to enhance their business model.

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