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    Question

    TReDS is the acronym for which of the

    following?
    A Trade System Correct Answer Incorrect Answer
    B Trade Recharge Discounting System Correct Answer Incorrect Answer
    C Trade Receivables electronic Discounting System Correct Answer Incorrect Answer
    D Trade Disbursal System Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Explanation: 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).

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