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      Question

      The TReDS platform, Receivables Exchange of India Ltd

      (RXIL) is jointly promoted by SIDBI with _________  
      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.  

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