ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A portfolio is a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs). People generally believe that stocks, bonds, and cash comprise the core of a portfolio.

Detailed explanation-2: -Financial assets, also referred to as financial instruments or securities, are intangible assets. They are often used to finance the ownership of tangible assets as equipments and real estate.

Detailed explanation-3: -financial asset a contractual claim to something of value; modern economies have four main types of financial assets: bank deposits, stocks, bonds, and loans.

Detailed explanation-4: -Active Portfolio Management. The aim of the active portfolio manager is to make better returns than what the market dictates. Passive Portfolio Management. Discretionary Portfolio Management. Non-Discretionary Portfolio Management.