term ‘beta’ refers to UPSC PRELIMS 2023 – The Core IAS

term ‘beta’ refers to UPSC PRELIMS 2023

.       In the context of finance, the term ‘beta’ refers to

        (a)   the process of simultaneous buying and selling of an asset from different platforms

        (b)   an investment strategy of a portfolio manager to balance risk versus reward

        (c)   a type of systemic risk that arises where perfect hedging is not possible

        (d)   a numeric value that measures the fluctuations of a stock to changes in the overall stock market

ANS .D