\nThus, this is the correct answer. "},"encodingFormat":"text/html","position":1,"text":"Asset and Liability Management"},"comment":{"@type":"Comment","text":"It is the practice of managing financial risks. "},"eduQuestionType":"Multiple choice","encodingFormat":"text/markdown","learningResourceType":"Practice problem","suggestedAnswer":[{"@type":"Answer","comment":{"@type":"Comment","text":"It is a wrong option."},"encodingFormat":"text/html","position":0,"text":"Asset Liasoning Management"},{"@type":"Answer","comment":{"@type":"Comment","text":"It is a wrong option."},"encodingFormat":"text/html","position":2,"text":"Asset Level Management"},{"@type":"Answer","comment":{"@type":"Comment","text":"It is a wrong option."},"encodingFormat":"text/html","position":3,"text":"All Legal Modes"},{"@type":"Answer","comment":{"@type":"Comment","text":"It is a wrong option."},"encodingFormat":"text/html","position":4,"text":"Assertive Legal Management"}],"text":"In economics, ALM stands for _____. "},"name":"Quiz on National Bank for Agriculture and Rural Development (NABARD)","typicalAgeRange":"10-17","url":"https://www.embibe.com/questions/In-economics%2C-ALM-stands-for-_____.-/EM2232501"}
A. National Bank for Agriculture and Rural Development (NABARD) is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts.
B. NABARD was established on the recommendations of the Shivaraman Committee, by an act of Parliament on th July .
C. Dr.Prakash Bakshi is the chairman of NABARD.
Which of the statements given above is/are incorrect?
Which of the following acts empowers NABARD to conduct an inspection of State Cooperative Banks (SCBs), Central Cooperative Banks (CCBs) and Regional Rural Banks (RRBs)?