UPSC PRELIMS · ECONOMICS · INDIAN ECONOMY: FINANCIAL MARKETS
Collateral Borrowing and Lending Obligations are instruments of which one of the following markets?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
Collateral Borrowing and Lending Obligations, or CBLOs, are short-term money-market instruments used for secured borrowing and lending. They are associated with the money market.
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