True or False Modified True or False 1 TRUE 1 C 2 TRUE 2 C 3 TRUE 3 C 4 TRUE 4 C 5 TRUE 5 C 6 TRUE 6 C 7 FALSE 7 B 8 FALSE 8 B 9 FALSE 9 C 10 FALSE 10 D 11 TRUE 11 C 12 FALSE 12 A 13 FALSE 13 A 14 TRUE 14 C 15 FALSE 15 C 16 TRUE 16 B 17 TRUE 17 C 18 TRUE 18 C 19 TRUE 19 C 20 FALSE 20 A 21 TRUE 21 A 22 TRUE 22 C 23 TRUE 23 C 24 FALSE 24 A 25 FALSE 25 C Questions: Modified True or False A - Statement 1 is TRUE; Statement 2 is FALSE B - Statement 1 is FALSE; Statement 2 is TRUE C - Both Statements are TRUE D - Both Statements are FALSE 20. Psychological profiling in financial context Statement 1: Main approach is to altitudinally segment respondents based on measurable attributes according to their money attitude. TRUE Statement 2: Value added is unavailable to extent that money attitude can explain investor behavior over and above pure demographics. FALSE 21. Can avoiders be made into planners through financial education? Statement 1: To some extent, it is likely you are either born a planner or an avoider. TRUE Statement 2: But it is also likely that planning may be somewhat not amenable to educational effort. FALSE 22. Consideration of style in portfolio formation can mean different things Statement 1: Given that style returns are cyclical, gains in risk reduction can be obtained by consciously diversifying over different styles TRUE Statement 2: Within this diversification approach, given that historically value has outperformed growth, and small-cap has outperformed large-cap, it may be advisable to tilt towards small-cap and value, while still investing in different styles TRUE 23. Researchers performed regression of returns on: Statement 1: Past returns TRUE Statement 2: Differentiating between winners & losers TRUE 24. Is expertise innate? Statement 1: Practice and repetition are common ingredients across successful experts. TRUE Statement 2: Successful traders does not devote their time to practice which gives them the ability to connect what they know about a market to the action they should take. FALSE 25. Unlocking secrets of brain Statement 1: Microfinance and neuroeconomics use neurotechnology to examine how the brain behaves while a person is making decisions FALSE(NOT SURE) Statement 2: Neuroscience uses brain imaging to understand brain activity and how the brain works. TRUE