RBI Grade B Officer (General / DEPR / DSIM) 2025 · Question 247 of 259

- Read the passage given below and answer the following questions: Micro, Small and Medium Enterprises (MSMEs) play a crucial role in India’s economic development by contributing significantly to employment, exports, and industrial output. Despite their importance, MSMEs often face challenges related to delayed payments and limited access to formal credit. To address these issues, digital platforms have been introduced to improve liquidity and working capital availability. One such mechanism enables MSMEs to discount their trade receivables online in a transparent manner. These platforms connect MSME sellers, buyers, and financiers to facilitate invoice-based financing. The system reduces dependence on collateral-based lending and improves cash flow for small businesses. It also promotes financial inclusion and strengthens supply-chain financing. The platform operates under a regulated framework to ensure safety, transparency, and efficiency. Participation is voluntary but encouraged for faster realization of dues. Such initiatives support the overall resilience of the MSME sector. (This is a recreated passage and not the exact one asked in the exam) The Trade Receivables Discounting System (TReDS), a digital platform that enables MSMEs to discount their invoices, is regulated and controlled by which authority?

Financial Markets

1. AA. Securities and Exchange Board of India (SEBI)
2. BB. Ministry of MSME
3. CC. Reserve Bank of India (RBI)Correct
4. DD. Clearing Corporation of India Ltd. (CCIL)
5. EE. National Payments Corporation of India (NPCI)