Question

    What is the key focus of the newly launched Unified Lending Interface (ULI)?

    A Streamlining stock market trades Correct Answer Incorrect Answer
    B Facilitating seamless credit delivery Correct Answer Incorrect Answer
    C Improving online banking security Correct Answer Incorrect Answer
    D Reducing insurance fraud Correct Answer Incorrect Answer
    E Simplifying tax filing Correct Answer Incorrect Answer

    Solution

    The Unified Lending Interface (ULI) aims to integrate data from governments, banks, and credit agencies to provide frictionless credit delivery, transforming lending similar to the Unified Payments Interface (UPI).

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