Question
What is the full form of TReDS ?
Solution
TReDS (Trade Receivables Electronic -Discounting System) is an online platform that helps Micro, Small, and Medium Enterprises (MSMEs) finance their trade receivables. It allows MSMEs to discount their invoices and bills of exchange to large corporations, which can help them reduce working capital needs, improve liquidity, and manage cash flow better. The concept of TReDS to facilitate the financing of trade receivables of MSMEs was introduced by the RBI in 2014 . Accordingly , the RBI, in 2017 , issued licence to three players – RXIL, Invoicemart and M1Xchange.
Conclusions:
I. No Lid being Utensil is a possibility.
II. Some Spoons are not Plates.
III. Some Spoons are Cups.
Statements:
- Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance wi...
Statement:
Each girl is boy.
Only a few girls are men.
Few girls are not women.
Conclusion:
1. All boys can be wome...
Statements:
All pineapple are peach.
All peach are cherry.
All cherry are papaya.
Conclusions:
I. All cherry are...
Statements:
No curtain is wall.
None of the walls is windows.
All windows are roofs.
Conclusions:
I. Mostly roofs bei...
Statements : Some eggs are chickens.
No chicken is a hen.
No hen is a pigeon.
Conclusions : I. Some eggs may be hens.
II....
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements :
All SBI is RBI.
Only a few RBI is UCO.
Only a few UCO is UGB.
No UGB is IDBI.
Conclusions :
I. ...
Statements:All circles are rectangles.
No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
Statements:
No poem is a story.
All stories are novels.
All novels are articles.
Conclusions:
I. All articles are...