General Studies · Cognitive Psychology and Decision Making
Which cognitive fallacy describes the tendency to continue a failing endeavor based on the emotional bias regarding past investments of time, money, or effort?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Gambler's Fallacy
- 2Sunk Cost Fallacy✓
- 3Conjunction Fallacy
- 4Hot-Hand Fallacy
Correct answer
Sunk Cost Fallacy
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for General Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cognitive Psychology and Decision Making MCQs →Want more practice questions on Cognitive Psychology and Decision Making?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in General Studies · Cognitive Psychology and Decision Making