n NISM Certifications
XVII NISM Series XVII
Medium

Mr. A holds a stock of Rs 500 which has fallen to Rs 300. He believes it will rise again. What bias is this?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Herd mentality

  2. B

    Recency bias

  3. Anchoring

    Correct answer

  4. D

    Familiarity bias

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

Test yourself for real

Take a full NISM Series XVII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.