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      Question

      Expand the term ALM as used in Banking/Finance

      sector.
      A Asset Liability Mismatch Correct Answer Incorrect Answer
      B Asset Liability Maturity Correct Answer Incorrect Answer
      C Asset Liability Management Correct Answer Incorrect Answer
      D Asset Liability Manpower Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Asset and liability management (ALM) is the practice of managing financial risks that arise due to mismatches between the assets and liabilities as part of an investment strategy in financial accounting.

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