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      Question

      RXIL (Receivables Exchange of India Ltd.) is a joint

      venture of which two institutions?
      A RBI and BSE Correct Answer Incorrect Answer
      B SIDBI and NSE Correct Answer Incorrect Answer
      C NABARD and SEBI Correct Answer Incorrect Answer
      D NSE and Ministry of MSME Correct Answer Incorrect Answer
      E SIDBI and RBI Correct Answer Incorrect Answer

      Solution

      RXIL is a TReDS platform for invoice discounting, jointly promoted by SIDBI and NSE. It helps MSMEs get faster access to working capital by enabling the sale of receivables to financiers online.

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