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<html><body><h2 id="content-id-7043615289-2"><b>Para Inference Questions Overview</b></h2><p>Para Inference Questions have a good weightage in the Ibps Po Exam and the type of question asked in Ibps Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Para Inference Questions.</p><h2 id="content-id-0271568439-3"><b> Comprehension On Para Inference Questions</b></h2>Read the following passage carefully and answer the questions given below it.

In one recent experiment, Paul Glimcher(opens a new tab), a neuroscientist at New York University, and collaborators asked people to choose among a variety of candy bars, including their favorite — say, a Snickers. If offered a Snickers, a Milky Way and an Almond Joy, participants would always choose the Snickers. But if they were offered 20 candy bars, including a Snickers, the choice became less clear. They would sometimes pick something other than the Snickers, even though it was still their favorite. When Glimcher would remove all the choices except the Snickers and the selected candy, participants would wonder why they hadn’t chosen their favorite. Economists have spent more than 50 years cataloging irrational choices like these. Nobel Prizes have been earned; millions of copies of Freakonomics have been sold. But economists still aren’t sure why they happen. “There had been a real cottage industry in how to explain them and lots of attempts to make them go away,” said Eric Johnson(opens a new tab), a psychologist and co-director of the Center for Decision Sciences at Columbia University. But none of the half-dozen or so explanations are clear winners, he said.
 
<h2 id="content-id-7546802319-4"><b>Question On Para Inference </b></h2>Based on the passage, what can be logically inferred about the traditional economic theories regarding human behavior?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 89 Seconds </h3></div></div><h2 id="content-id-5964701238-5"><b> Para Inference Questions Options</b></h2><ol><li><p>They fully account for complex psychological quirks shown in large selection choices.</p>
</li><li><p>They were completely replaced by psychological models in the late 19th century.</p>
</li><li><p>They rely heavily on animal behavior studies to explain consumer purchasing habits.</p>
</li><li><p>They historically assumed humans consistently make rational choices that reflect clear preferences.</p>
</li><li><p>They successfully eliminated irrational consumer behavior through policy changes.</p>
</li></ol> <h2 id="content-id-8092543167-6"><b> Para Inference Questions Solution</b></h2><p>The correct answer is <strong>option</strong> <strong>4</strong> i.e. <strong>They historically assumed humans consistently make rational choices that reflect clear preferences.</strong></p>

<p>The passage discusses the long-standing study of <strong>irrational choices</strong> and the difficulty economists have had in explaining them. This implies a contrast with the traditional economic assumption that people generally make rational decisions based on their preferences. The passage does not suggest that economic theories were completely replaced or that they eliminated irrational behavior.</p>

<p>Hence, the chosen option is correct.</p>

<h3> </h3>
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Who sits at the extreme l - Seating Arrangement Questions for Sbi Clerk

Which of the following pa - Seating Arrangement Questions for Sbi Clerk

The correct answer is option 4 i.e. They - Para Inference Questions are asked in Ibps Po exams and your question has been explained by experts like Neetu Mam.

 Comprehension On Para Inference Questions

 Para Inference Questions Tips and Tricks

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