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

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

(a). Bond market (b). Forex market (c). Money market (d). Stock market Explanation: Collateral Borrowing and Lending Obligations (CBLOs) are instruments of the money market in the Indian economy. CBLOs are short-term agreements between a borrower and a lender that allow the borrower to receive cash from the lender in exchange for collateral, typically government securities. CBLOs are used to manage liquidity. The money market is a part of the financial market that deals in short-term assets, such as loans, securities, and other instruments with maturities of one year or less. Money market funds often invest in low-risk, highly liquid securities, like government securities, certificates of deposit, and commercial paper The answer is: (c).