Question

    What is the full form of TREDS?

    A Trade Receivable Discounting System Correct Answer Incorrect Answer
    B Trade Reporting Discounting System Correct Answer Incorrect Answer
    C Trade Receivable Depository System Correct Answer Incorrect Answer
    D Trade Reporting discounting System Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    TReDS is an electronic platform for facilitating the financing / discounting of trade receivables of Micro, Small and Medium Enterprises (MSMEs) through multiple financiers. These receivables can be due from corporates and other buyers, including Government Departments and Public Sector Undertakings (PSUs).

    Practice Next
    More Current Financial Awareness Questions

    Relevant for Exams:

    ask-question