Step 1: Understanding the Concept
The question asks about the psychological or perceived effect of the colour blue. This relates to the concept of colour temperature and colour psychology.
Step 2: Detailed Explanation
As discussed in previous questions, colours are categorized as warm or cool.
Warm colours (reds, yellows) are associated with fire and sun and produce a feeling of warmth or heat ("hot").
Cool colours (blues, greens) are associated with water and sky and produce a feeling of coolness or calm ("cold").
Blue is the archetypal cool colour. It is psychologically linked to feelings of calmness, serenity, and coldness.
Step 3: Final Answer
Blue colour produces a "cold" effect on the eyes and mind.