📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • 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
      ask-question