Current Affairs · MSME Financing and TReDS
Evaluate the following statements regarding the regulatory approval and operational scope of the Trade Receivables Discounting System (TReDS) platform launched by KredX: 1. KredX has received RBI approval to commercially launch its TReDS platform under the brand name Domestic Trade Exchange (DTX). 2. The TReDS platform is specifically designed to help Micro, Small, and Medium Enterprises (MSMEs) by enabling early payment of their trade receivables. 3. Following this approval, KredX is recognized as the first and only RBI-regulated TReDS platform in India. 4. The TReDS initiative is part of the RBI's broader efforts to create an efficient ecosystem for trade receivables financing to mitigate MSME liquidity challenges. Select the correct option:
- 11, 2, and 3 only
- 22, 3, and 4 only
- 31 and 3 only
- 41, 2, and 4 only✓
Correct answer
1, 2, and 4 only
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