Official Answer Key & Detailed Solution
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Correct Answer: Option (C) — Money market
Concept & Option Breakdown
Standard Reference Verified• Collateralized Borrowing and Lending Obligations (CBLO) are short-term money market instruments developed by the Clearing Corporation of India Ltd. (CCIL) and approved by the RBI. • It allows financial institutions and market participants without access to the traditional inter-bank call money market to borrow and lend short-term funds against government securities as collateral.
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