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    Question

    The TReDS platform, Receivables Exchange of India Ltd

    (RXIL) is jointly promoted by SIDBI with _________ Ā 
    A SBI Correct Answer Incorrect Answer
    B PNB Correct Answer Incorrect Answer
    C BSE Correct Answer Incorrect Answer
    D NSE Correct Answer Incorrect Answer
    E LIC Correct Answer Incorrect Answer

    Solution

    I ndia’s first TReDS exchange platform, Receivables Exchange of India Limited (RXIL) is a joint venture promoted by SIDBI and the National S tock E xchange ( NSE ) . Established on December 3, 2016, RXIL facilitates financial growth in the country by providing MSMEs the access to credit through invoice discounting. Ā 

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