RRB Group D 22-Sep-2018 Shift 1 Solved Paper

Question : 14 of 100

Marks: +1, -0

An online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers is:

OLPS
TIPS
OPIS
TReDS

Validate

Solution:

The Reserve Bank of India had published a concept paper on "Micro, Small & Medium Enterprises (MSME) FactoringTrade Receivables Exchange" in March

2014 .

The scheme for setting up and operating the institutional mechanism for facilitating the financing of trade receivables of MSMEs from corporate buyers through multiple financiers is known as Trade Receivables Discounting System (TReDS).

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