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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

      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.

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