QUESTION

Easy

Economy

Prelims 2024

With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of :

Select an option to attempt

Explanation

  • Collateral Borrowing and Lending Obligations (CBLO) are instruments of the: C. Money market

  • CBLO is a money market instrument that facilitates borrowing and lending operations on a collateralized basis. It is used by banks, financial institutions, and other entities to manage their short-term liquidity requirements.

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