CAT Questions

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World Consumer Rights Day is being observed globally on 15 March which is an awareness day for the consumers.

3 Nucleotides make up a Codon. 

The nucleotide triplet that encodes an amino acid is called a codon.

Each group of three nucleotides encodes one amino acid.

A fossil is a traces or remainings of plants and animals that lived in the past. The fossil record provides evidence of a common ancestor to many species is the option that best describes the fossil record.

Prices do not reflect the full social cost of production is an example of Market failure.

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

Photoautotrophs are those organisms that can make their own food using sun light with the help of the process of photosynthesis.

Plants can prepare their own food using sunlight. Hence they are Photoautotrophs.