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Which one of the followings do differentiate between active and passive management? I. Reliance on financial statements analysis II. Reliance on following indices III. Reliance

Which one of the followings do differentiate between active and passive management?

I. Reliance on financial statements analysis

II. Reliance on following indices

III. Reliance on formal valuation

I and II

I and III

Only I

Only II

I, II and III

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