What is the Difference Between Active Vs Passive Investing?

Difference Between Active Vs Passive Investing
1) What are the pros and cons of active and passive funds?
2) What is better – ETF or index funds?
3) How should one select a passive fund? What factors one should consider?
4) Which categories are good for passive and which are good for going for passive funds?
5) How should investors decide allocation between active and passive funds?

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