In context with banking and Finance markets, what is Collateralized Borrowing and Lending Obligation (CBLO)”, ?

[A] Its an scheme for exporters who need to fulfill some obligations while seeking its benefit
[B] It’s a process of Reserve bank of India to lend money to the State Governments for short term under certain obligations
[C] It’s a money Market Instrument of Reserve bank of India
[D] It’s a future trading obligation in currency future markets

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