Question
_________ areĀ mental shortcuts that allows people to
solve problems and make judgments quickly and efficiently.Solution
HeuristicsĀ are mental shortcuts that can facilitate problem-solving and probability judgments. These strategies are generalizations, or rules-of-thumb, that reduce cognitive load, and can be effective for making immediate judgments. These rule-of-thumb strategies shorten decision-making time and allow people to function without constantly stopping to think about their next course of action. Daniel Kahneman and Amos Tversky identified different kinds of heuristics: availability, representativeness, anchoring and affect.
Consider the following statements:
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In the OBICUS survey, what does U stand for?
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Which of the folloinwg statement is not correct about Urban Co-operative Banks (UCBs):
Of which of the following organisations is India NOT a member?
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CAPTCHA is a type of security measure known as challenge-response authentication. What does P stand for?
The first railway line in India was laid in the year 1853 from Bombay to _______.
In which year was The Reserve Bank of India was established?
Select the option that shows the correct match of an organisation and its headquarters.
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