Question
What was the percentage of persons below the Poverty
Line in rural areas in India, as per the Census 2011?Solution
As per the Census 2011, 25.7% of the population in rural areas in India lived below the Poverty Line, indicating significant economic challenges in rural communities.
- As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature. 
- When the decision maker chooses the optimal solution to a problem that maximises the outcome, after careful analysis, it is known as ________ 
- What is a common barrier to accurately identifying a problem? 
- What is the first step in the decision-making process? 
- The tendency to blame others when things go wrong, instead of looking objectively at the situation is known as __________ bias. 
- What is the purpose of evaluating the feasibility of possible solutions? 
- Which technique of decision-making involves generating multiple ideas in a group setting without criticism? 
- Which of the following style of decision-making focuses on long term? 
- Which of the following would be a decision which is for repetitive or routine problems for which the responses have been already been decided? 
- Which of the following decision is concerned with solving problems of structured nature?