Question
What was the primary focus of the new RBI directive
regarding gold hedging?Solution
The RBI directive expanding hedging options was primarily aimed at facilitating more efficient risk management for entities dealing with gold price exposure, giving them additional flexibility in hedging strategies.
What does the final step, making the decision, involve?
Which of the following will not be a part of decision making process?
What is the benefit of using problem-solving techniques, such as the 5 Whys?
Which of the following correctly defines decision making?
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
Rational decision making is relies on _______
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
Why is it crucial to clearly define the problem in decision-making?
What type of bias relies too heavily on one piece of information in making a final decision?
How does feedback play a role after making a decision?
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