Question
What type of bias relies too heavily on one piece of
information in making a final decision?Solution
Anchoring is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor'') when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments. This bias is the tendency to jump to conclusions.
Where is the Tuticorin International Container Terminal located?
Rating agencies are registered with RBI
First Indian governor of the RBI-
The only snake which forms the nest is
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