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  1. What is the expanded form of the term ALM used in the banking sector?
    2. A.
    Asset Liability Maintenance
    B.
    Asset Liability Management
    C.
    Asset Liability Manipulation
    D.
    Asset Liability Maximisation

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    Answer : Option B

    Explanation :

    ALM is the practice of managing risks that arise due to mismatches between the assets and liabilities.

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