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    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 ).

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