No, the “not active” means you’re sending emails to subscribers not in those lists. For example: you create a new list, the “marketing tips”, maybe associated to an automated channel. Example: tou want to send a newsletter to all your subscribes NOT ALREADY in the list to invite them:
“hey guys, a new fantastic marketing tips channel for you. Enter your {profile_url} and activate it now!”
You’ll select that list with the option “not active”. The all lists not active is similar, probably not really useful or maybe in some special cases.
Stefano.