Question
Which of the following best describes the Trade
Receivables Discounting System ( TReDS ) platform?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 ).
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The total age of A, B and C five years hence will be 85 years. Find the age of C four years hence, if the present age of A and B is 32 years and 21 year...
Four years ago, the combined ages of Linda and Joan was 56 years. Four years hence, the ratio of their ages will be 4:5. Find the current age of Linda.
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