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Satisficing is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.2It would require a great deal of effort – and may not even be possible – to gather all the necessary information in order tomake the best decision, and satisficing thus represents the kinds of decisions we are actually capable of making. Satisficing is all about making ‘good enough’ decisions instead of perfect ones.
___________ poet Nilmani Phookan has won the 56th Jnanpith Award for his contribution to Indian literature.
Which of the following statements about the RBI's monetary penalties on cooperative banks is/are correct?
1. Shikshak Sahakari Bank Limited, Nagp...
Identify the correct statements regarding the employment growth rate in FY24:
1. Employment growth in India increased by 6% in 2023- 24.
2...
Who has been selected to carry out the remaining three packages of Mongolia's first oil refinery project?
How much annual transit fee will Afghanistan receive from the TAPI pipeline project?
If a non-government employee receives leave encashment payments from more than one employer in the same previous year, what is the maximum aggregate amo...
Which youth-focused educational initiative was launched by Amazon in Bengaluru to promote STEM learning?
Global Innovation Policy Center of the U.S. Chamber of Commerce has come up with International IP Index 2022. Which of the following country is not in t...
India’s first “Physical National Yoga Asana Championships” has been organised in which state?
Which Indian- American has been appointed as the new Chief Financial Officer of Tesla?
