“Rapid expansion of retail credit can deepen financial inclusion while simultaneously creating pockets of financial vulnerability.” Explain the safeguards required for responsible retail lending in India.

Topic: Inclusive growth and issues arising from it. Q6. “Rapid expansion of retail credit can deepen financial inclusion while simultaneously creating pockets of financial vulnerability.” Explain the safeguards required for responsible retail lending in India. (10 M) Difficulty Level: Medium Reference: IE Why the question The rapid expansion of retail and unsecured credit in India, …

Assess the role of NBFCs in bridging the credit gap in the Indian economy. Analyse the factors responsible for their growing relevance. Recommend reforms to enhance their developmental role.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5.  Assess the role of NBFCs in bridging the credit gap in the Indian economy. Analyse the factors responsible for their growing relevance. Recommend reforms to enhance their developmental role. (15 M) Difficulty Level: Medium Reference: IE Why the question …