n NISM Certifications
XXI NISM Series XXI-A
Medium

_________ is considered as a Behavioural bias.

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Occurrence of unintentional errors while making a decision

  2. Processing of information based on previous experiences

    Correct answer

  3. C

    Opting for a loss-making alternative even when there are alternatives that give gain

  4. D

    Taking a decision opposite to the one that is generally accepted

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

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