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IFS (Indian Forest Service) Economy — practice by topic

Browse 16 questions across 6 Economy topics. Choose what you want to revise, then open a question to check its answer and worked solution.

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Economy topics

Indian Economy (16)Indian Polity and Economy (15)Mixed Gs (15)Financial Regulators (1)Planning And Economy (1)Taxation (1)

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With reference to the Indian economy, “Collateral Borrowing and Lending Obligations” are the instruments of :Read the answer and worked solution →

Worked practice questions

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

  1. Bond market
  2. Forex market
  3. Money market
  4. Stock market
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Correct answer: C. Money market

Answer: C. Collateralized Borrowing and Lending Obligation (CBLO) is a MONEY MARKET instrument. CBLO is a money-market product introduced by Clearing Corporation of India Ltd (CCIL) in 2003 for short-term funds. It allows borrowing and lending against eligible collateral (mainly G-Secs) with maturities ranging from one day to one year. Discontinued in 2018 and replaced by the Tri-party Repo (TREPS). CBLO/TREPS are short-tenor instruments serving banks, mutual funds, insurance companies and other institutions for liquidity management. The money market deals with such short-term debt instruments (typically less than one year), as opposed to bond market (long-term debt), forex (currency), or stock market (equities). Source: RBI Money Market documentation / CCIL website.

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