What do you understand by stock of resources?
Stock assets are assets that can be enduringly consumed, and are accordingly non-inexhaustible. Their amount is generally communicated in outright sums as opposed to in rates.
Examples are coal and oil stores.
Potential resources are known to exist and might be utilized from here on out.
Examples: Hydroelectric plant of Niagara falls.
Resources that have been created and whose amount and quality have been characterized for use and are presently being utilized are known as evolved assets.
- Natural gas.
Reserved resources are the resources that are characterized, and their current sum is perceived, however since they are saved for the future, they are not being utilized.
Example:-USA has oil and gas reserves in large amounts but still they import it in order to use it in the future.
Question 1: What is meant by Stock?
It refers to resources for which at present the technology is not present to extract them.
Question 2: What are group of stocks called?
A group of stocks is called sector, which is group of similar securities.