Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q36: Scenario: "Alpha Corp," a public limited company manufacturing auto parts, reported an annual turnover of Rupees 300 Crore in its audited balance sheet for the year ending March 31, 2025.

Question: As per the Ministry of MSME Notification dated November 2024, is Alpha Corp required to register on the TReDS platform?
A
No, because mandatory registration applies only to companies with turnover exceeding Rupees 500 Crore.
B
Yes, because the mandatory turnover threshold was reduced to Rupees 250 Crore.
C
No, because TReDS registration is voluntary for all private sector buyers.
D
Yes, but only if they procure goods exclusively from Micro enterprises.
✅ Correct Answer: B
Originally, the Department of Public Enterprises and MSME Ministry mandated TReDS registration for companies with turnover exceeding Rupees 500 Crore.
However, by Notification No.
S.O. 4845(E) dated November 7, 2024, the government reduced this threshold.
As of the current status in 2026, all companies registered under the Companies Act, 2013 with a turnover exceeding Rupees 250 Crore and all CPSEs are mandatorily required to onboard TReDS platforms to ensure timely payments to MSMEs.
Since Alpha Corp has a turnover of Rupees 300 Crore (which is above Rupees 250 Crore), it must register.