Question

According to the textbook, the maturing of the liability management techniques, coupled with more volatile interest rates, gave birth to the __________________ approach which dominates banking today. The term that correctly fills in the blank in the preceding sentence is:

Answer 1

Funds management

Step-by-step explanation:

Funds management -

It refers to the process of management , where the cash flow is managed within the organisation , is referred to as funds management .

The process of handling the money and its flow , comes under the control of a funds manager .

For the management of the funds the assets and liabilities both are considered .

Hence , from the given information of the question ,

The correct term is funds management .