Match the List-I with List-II

List-I (Term)	List-II (Meaning)
A. Decision making	IV. Evaluating alternatives and making choices among them.
B. Confirmation bias	III. The tendency to search for and use information that supports our ideas rather than refuses them.
C. Belief perseverance	I. The tendency to hold on a belief in the face of contradictory evidence.
D. Overconfidence bias	II. The tendency to have more confidence in judgment and decisions than we should based on probability.

Choose the correct answer from the options given below:

Correct option is C

A. Decision Making → IV. Evaluating alternatives and making choices among them. Decision-making involves assessing various options and selecting the most suitable one based on goals, values, or priorities.
B. Confirmation Bias → III. The tendency to search for and use information that supports our ideas rather than refutes them. Confirmation bias occurs when individuals focus on evidence that supports their preexisting beliefs and ignore evidence that contradicts them.
C. Belief Perseverance → I. The tendency to hold on to a belief in the face of contradictory evidence. Belief perseverance describes the resistance to changing beliefs even when faced with strong evidence to the contrary.
D. Overconfidence Bias → II. The tendency to have more confidence in judgment and decisions than we should based on probability. Overconfidence bias occurs when individuals overestimate their abilities or the accuracy of their knowledge and judgments.
Thus, the correct matches are A-IV, B-III, C-I, D-II, corresponding to (c).
Information Booster:
Decision Making: Critical in all fields, from personal choices to business and policy decisions. Effective decision-making requires weighing pros and cons.
Confirmation Bias: Can lead to flawed conclusions by selectively focusing on favorable evidence. This bias is a common pitfall in research and everyday reasoning.
Belief Perseverance: Makes it difficult for individuals to revise beliefs, even when disproved, contributing to persistent misconceptions.
Overconfidence Bias: Overestimation of abilities can lead to poor outcomes in business, finance, and personal decisions.