Question

    What is the primary focus of the Unified Lending Interface (ULI) initiative launched by the RBI?  

    A Promoting microloans Correct Answer Incorrect Answer
    B Streamlining credit assessment and disbursement Correct Answer Incorrect Answer
    C Reducing interest rates on loans Correct Answer Incorrect Answer
    D Enhancing cybersecurity for digital payments Correct Answer Incorrect Answer
    E Boosting fintech investments Correct Answer Incorrect Answer

    Solution

    ULI aims to streamline credit assessment and disbursement, similar to how UPI transformed payments.  

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