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      Question

      What is the enhanced scope for mandatory onboarding in

      TReDS for buyers as per the Budget 2024-25?
      A Buyers with turnover of Rs. 500 crore Correct Answer Incorrect Answer
      B Buyers with turnover of Rs. 250 crore Correct Answer Incorrect Answer
      C Buyers with turnover of Rs. 100 crore Correct Answer Incorrect Answer
      D Buyers with turnover of Rs. 750 crore Correct Answer Incorrect Answer
      E Buyers with turnover of Rs. 1,000 crore Correct Answer Incorrect Answer

      Solution

      TheĀ  TReDS Ā (Trade Receivables Discounting System) platform's mandatory onboarding threshold for buyers has been reduced fromĀ  Rs. 500 crore to Rs. 250 crore Ā in the Budget 2024-25.

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