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    Question

    ALM is concerned with strategic balance sheet management

    involving all market risks. ‘M’ in ALM stands for____________.
    A Market Correct Answer Incorrect Answer
    B Management Correct Answer Incorrect Answer
    C Maturity Correct Answer Incorrect Answer
    D Maintenance Correct Answer Incorrect Answer
    E Measurement Correct Answer Incorrect Answer

    Solution

    In Asset/Liability Management (ALM), the 'M' stands for Management, referring to the strategic process of balancing a financial institution's assets and liabilities to control risks (like interest rate, liquidity, and market risks) and achieve profitability

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