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Options
-
Herd mentality
Correct answer
- B
Loss Aversion
- C
Confidence bias
- D
Anchoring
Why this is the answer
Suresh is exhibiting Herd Mentality, which refers to the tendency to follow the actions or decisions of others without independent analysis, especially when influenced by emotion or instinct. In this case, Suresh blindly invests because others are doing it, not based on careful evaluation.
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