APPSC Group-II Mains 2019 Paper III · Question 144

Question 144 of the APPSC Group-II Mains 2019 Paper III (30 August 2019). Try it first, then open the answer and explanation.

1. Mains 2019 · P-III · Q144 · Economy (India & AP) · Money, Banking & Inflation

   Peer-to-peer (P2P) lending implies lending money

   పీర్ టు పీర్ లెండింగ్ వర్తింపు ద్రవ్య ఋణాలకు

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   Answer: To individuals through online services

   సమాధానం: ఆన్ లైన్ సేవల ద్వారా వ్యక్తులకు

   P2P platforms connect lenders directly with borrowers online. The RBI has regulated them as NBFC-P2P since 2017.

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