Question

​Which of the following best describes the Trade Receivables Discounting System ( TReDS ) platform?

A A platform for online trading of stocks and securities. Correct Answer Incorrect Answer
B An electronic marketplace facilitating the financing of trade receivables. Correct Answer Incorrect Answer
C A system for tracking and managing inventory in supply chains. Correct Answer Incorrect Answer
D A platform for conducting international trade transactions. Correct Answer Incorrect Answer
E None of these 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

Relevant for Exams:

×
×