Economics · Financial Platforms & MSME Financing
With reference to the Trade Receivables Discounting System (TReDS), consider the following statements: I. TReDS is an electronic platform that enables MSMEs to discount their trade receivables through multiple financiers. II. Under TReDS, only banks are permitted to act as financiers on the platform. III. MSMEs can obtain collateral-free financing on the basis of invoices uploaded on the platform. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I and II only
- 2II and III only
- 3I and III only✓
- 4I, II and III
Correct answer
I and III only
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