New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Collateralized Borrowing and Lending obligation is a

    money market instrument for the benefit for entities not having access to the interbank call money market. It is operated by which institution?
    A Reserve Bank of India Correct Answer Incorrect Answer
    B Securities and Exchange Board of India Correct Answer Incorrect Answer
    C Foreign Exchange Commission Correct Answer Incorrect Answer
    D Clearing Corporation of India Limited Correct Answer Incorrect Answer
    E Insurance Regulatory and Development Authority of India Correct Answer Incorrect Answer

    Solution

    Collateralized Borrowing and Lending obligation is a money market instrument operated by Clearing Corporation of India Limited for the benefit for entities not having access to the interbank call money market.

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