With reference to the Indian economy, "Collateral Borrowing and Lendi...

UPSC Prelims 2024 Economy

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

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.