Economics · Economy
Which of the following statements are correct regarding the TReDS (Trade Receivables Discounting System) platform? 1. TReDS allows only MSMEs to participate as sellers, while corporates, Government Departments, and PSUs can participate as buyers. 2. The maximum limit for remittances under TReDS is ₹1 lakh per transaction for MSME sellers. 3. TReDS platform deals with both receivables factoring and reverse factoring.
- 11 and 3 only✓
- 23 only
- 32 only
- 41 only
Correct answer
1 and 3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy