TReDS (Trade Receivables Electronic -Discounting System) is an online platform that helps Micro, Small, and Medium Enterprises (MSMEs) finance their trade receivables. It allows MSMEs to discount their invoices and bills of exchange to large corporations, which can help them reduce working capital needs, improve liquidity, and manage cash flow better. The concept of TReDS to facilitate the financing of trade receivables of MSMEs was introduced by the RBI in 2014 . Accordingly , the RBI, in 2017 , issued licence to three players – RXIL, Invoicemart and M1Xchange.
Indian Institute of Sugarcane Research is located in?
Prahlad Joshi inaugurated the ____ crore Angul - Balram rail line in which state of India?
Which city ranked 350th in the 2024 Oxford Economics Global Cities Index?
Which of the following is considered a good indicator of economic growth?
In which districts of Uttar Pradesh, flowers are used to produce scents and perfumes?
The 2nd phase of 36 ‘Saansad Khel Mahakumbh 2022-23’ has been inaugurated in which district of the state Uttar Pradesh?
Which two district connected in Ganga Expressway ?
Who is the famous poet from Uttar Pradesh who wrote 'Madhushala'?
Consider the following statements in regard to Zero Base Budgeting (ZBB) :
(1) Existing Government programmes can be discarded under ZBB if they ...
Who has won the title of Abu Dhabi Grand Prix 2022?
