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

* 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.