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_____________ is the primary purpose of TReDS platforms?

Daily Quiz on Current Affairs by Gkseries – 12 June 2023

(a) Facilitating financing for large corporations
(b) Improving cash flows for insurance companies
(c) Ensuring a steady supply of goods for buyers
(d) Enhancing cash flows for MSMEs

Ans.(d)
Sol. TReDS platforms were introduced by the RBI with the objective of facilitating the financing of trade receivables for Micro, Small, and Medium Enterprises (MSMEs) to improve their cash flows.

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