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Question

Collateralised Borrowing and Lending Obligation (CBLO) is a

A
Money Market Instrument
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B
Monetary Policy Instrument
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C
Investment Fund
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D
Capital Market Instrument
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Solution

The correct option is B Money Market Instrument
Option A is correct.
A collateralized borrowing and lending obligation (CBLO) is a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan.

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