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.
What does the writ of Certiorari mean?
Section 149(1): A company shall have a Board of Directors consisting of “not less than 3 directors in public company.” Consider:
(1) Private ...
In the landmark case Selvi v. State of Karnataka (2010), the Supreme Court examined the admissibility of scientific investigative procedures and the rig...
As per Section 17(2), on receipt of inquiry report, the Commission shall advise Central Government, corporations etc. as to:
What is the requisite quorum for the meeting of a private company?
Section 31 of the Specific Relief Act, 1963, deals with which of the following?
A property dealer receives an offer from a person to purchase a luxury apartment for Rs. 3 crores in cash with no documentation of the source. The deal...
Which one of the following under Indian Evidence Act is not a kind of estoppel?
The rent controller shall execute the order through one of more than one mode:
According to Section 38, the right of private defence of the body extends to causing death if the assault reasonably causes apprehension of:
Relevant for Exams:
