Current Affairs · MSME Financing
What is the primary objective of the Trade Receivables Discounting System (TReDS) platform regulated by the RBI?
- 1To directly finance the government's fiscal deficit deficits
- 2To regulate international commodity derivatives markets
- 3To facilitate the discounting of invoices and provide MSMEs easier access to working capital✓
- 4To allow foreign institutional investors in fintech NBFCs
Correct answer
To facilitate the discounting of invoices and provide MSMEs easier access to working capital
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