Economics · Banking and Finance
Regarding the Trade Receivables Discounting System (TReDS) platform, which of the following statements is/are true? 1. It allows MSMEs to unlock working capital by discounting invoices raised against corporate buyers. 2. It addresses the problem of delayed payments by facilitating competitive bidding from financiers. 3. TReDS platforms are legally classified as stock exchanges. Select the correct answer:
- 1Only 1 and 3
- 2Only 2 and 3
- 3Only 1 and 2✓
- 4Only 1
Correct answer
Only 1 and 2
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