The 'Trade Receivables Discounting System' platform helps MSMEs by: MCQ with Answer and Explanation

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The 'Trade Receivables Discounting System' platform helps MSMEs by:

A. providing land

B. discounting their receivables from corporate buyers

C. insuring their factories

D. providing direct subsidies

Answer: Option B

Solution (By JKSSB Mock Tests)

TReDS helps MSMEs obtain working capital by discounting their receivables.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'replacement level fertility' is generally considered to be about how many children per woman?

A. 1.0

B. 4.0

C. 3.0

D. 2.1

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Correct Answer: Option D

Explanation:
Replacement level fertility is about 2.1 children per woman.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'International Labour Organization' is headquartered in:

A. Geneva

B. Paris

C. New York

D. Rome

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Correct Answer: Option A

Explanation:
The International Labour Organization is headquartered in Geneva.

This question belongs to: Economy GK Economy Set 1

Question #3

The sacrifice ratio measures:

A. the ratio of tax revenue to GDP

B. the ratio of exports to imports

C. the cost of unemployment in terms of inflation

D. the cost of inflation in terms of lost output

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Correct Answer: Option D

Explanation:
The sacrifice ratio is the cumulative output loss required to reduce inflation by one percentage point.

This question belongs to: Economy GK Economy Set 1

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