Question
What is the enhanced scope for mandatory onboarding in
TReDS for buyers as per the Budget 2024-25?Solution
The TReDS  (Trade Receivables Discounting System) platform's mandatory onboarding threshold for buyers has been reduced from Rs. 500 crore to Rs. 250 crore  in the Budget 2024-25.
More Banking System in India Questions
Match the following:
Which Indian state recently became the first to implement a 'Right to Water' law?
- Which of the following crops is cultivated during the monsoon (Kharif) season?
The Ministry of Education's recently launched PM-YUVA 3.0 (Young, Upcoming, and Versatile Authors) scheme mentors young authors below what age?
What is India’s first indigenous aircraft carrier called?
- In economic terminology, what does the acronym 'BoP' represent?
- What is the full form of SLR, an important tool used by RBI to control money supply?
Recently, where was the first Joint Commanders’ Conference (JCC) held?
- Which social reformer worked for the advancement of the Ezhava community in Kerala?
Which technology was used to discover a lost Mayan city in the Mexican jungle?
