Economics · Banking and Finance
What is the primary function of the Trade Receivables Discounting System (TReDS) in MSME financing?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Guarantees export credit insurance for international trade
- 2Issues direct government grants for modernization
- 3Enables electronic discounting of invoices to facilitate faster cash flows✓
- 4Provides long-term collateral-free loans
Correct answer
Enables electronic discounting of invoices to facilitate faster cash flows
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