n NISM Certifications
XV NISM Series XV
Medium

In which type of bias do investors tend to follow the investment choices of other investors?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Loss-aversion bias

  2. Herd mentality

    Correct answer

  3. C

    Confirmation bias

  4. D

    Gambler’s fallacy

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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