3. EXPERIENCE BIAS
• Even though the clerical officers are well
qualified with knowledge and achievements,
they are promoted only after conducting
examinations
4. DISTANCE BIAS
• currency Chest located far away place has a
lesser value than getting amount from the
bank itself
5. SAFETY BIAS
• Even though the interest given to the deposit
amount is less, the positive fact is that the
money is safe and still yields income. This
motivates people to deposit their savings in
bank than lending it to the people outside
might be risk