Q1. The Trade Receivables Discounting System (TReDS), as regulated by the RBI, is best described as which one of the following?
- A. An electronic platform for the financing/discounting of trade receivables of MSMEs through multiple financiers
- B. A guarantee fund that solely compensates banks for all defaults on MSME term loans
- C. A government grievance portal exclusively for registering delayed-payment complaints by MSMEs
- D. A digital ledger meant only for archiving GST invoices generated by MSMEs