Behavioural Finance

A vibrant and engaging illustration of diverse people interacting in social settings, emphasizing connections, camaraderie, and team spirit in a financial context.

Understanding Behavioural Finance

Explore the fascinating world of behavioral finance with this engaging quiz! Test your understanding of how social influences shape our financial decisions and perceptions.

4 thought-provoking questions
Multiple choice format
Learn about biases and social behaviors

4 Questions1 MinutesCreated by ConnectingMind21

You’re traveling abroad and see someone in a hat that says they’re your hometown. It’s natural to feel more comfortable or trusting when you know someone similar is around.

TRUE

FALSE

For example, you may have joined interest-based groups in high school or college such as swing choir, drill team, or the chess club. Perhaps you were part of an athletic team or sport. Or maybe you belong to a religion, organisation, or association. When you were part of these groups, did you ever feel like you favoured people within that selective social circle?

TRUE

FALSE

People engage in a variety of fervent, loud, and boisterous support of their own team and express their dislike and disdain for the opposing team. They favour the members of those who they view as part of their team, including the players and their fellow fans, while at the same time disparaging anyone who is outside of their group.

TRUE

FALSE

If you see someone wearing a sweatshirt from the college you went to, you automatically feel more comfortable or trusting.

TRUE

FALSE

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