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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