Asset Liability Management- Expanded form of ALM
Q. What is the expanded form of the term ALM used in banking sector?- Published on 20 Jul 15a. Asset Liability Maintenance
b. Asset Liability Management
c. Asset Liability Manipulation
d. Asset Liability Maximisation
ANSWER: Asset Liability Management
ALM is the practice of managing risks that arise due to mismatches between the assets and liabilities.