Economics · Financial Market Regulations
The Trade Receivables Discounting System (TReDS) is an electronic platform designed to facilitate the financing of trade receivables of MSMEs. Identify its primary regulatory body and the governing statutory framework in India.
- 1IRDAI under the Insurance Regulatory and Development Authority Act, 1999
- 2RBI under the Payment and Settlement Systems (PSS) Act, 2007✓
- 3SIDBI under the Micro, Small and Medium Enterprises Development Act, 2006
- 4SEBI under the Securities and Exchange Board of India Act, 1992
Correct answer
RBI under the Payment and Settlement Systems (PSS) Act, 2007
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