What is the threshold f or mandatory onboarding in TReDS

Q: Answer-What is the threshold f or mandatory onboarding in TReDS for buyers?

The TReDS Trade Receivables Discounting System platforms mandatory onboarding threshold for buyers has been reduced from Rs. 500 crores to Rs. 250 crores in the Union Budget 2024-25.

for buyers?

A Buyers with a turnover of Rs. 500 crores Correct Answer Incorrect Answer

B Buyers with a turnover of Rs. 250 crores Correct Answer Incorrect Answer

C Buyers with a turnover of Rs. 100 crore Correct Answer Incorrect Answer

D Buyers with a turnover of Rs. 300 crore Correct Answer Incorrect Answer

E Buyers with a turnover of Rs. 600 crores Correct Answer Incorrect Answer

Solution

The TReDS (Trade Receivables Discounting System) platform's mandatory onboarding threshold for buyers has been reduced from Rs. 500 crores to Rs. 250 crores in the Union Budget 2024-25.

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