CAT Questions

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The "Pradhan Mantri Shram-Yogi Maandhan" scheme was launched on 15-02-2019. Under the PM-SYM scheme, the workers will get amount of Rs. 3,000 pension after attaining the age of 60 years. 

Atal Bihari Vajpayee was a Member of Parliament for 12 times i.e, 10 times for lok sabha and 2 times for rajya sabha.

All the above given options are the examples of social interaction. In sociology, interactions are of five types.They are :

1) Exchange

2) Competition

3) Cooperation

4) Coercion

5) Conflict

The term for classifying and grouping organisms is Taxonomy. It is the science of defining and naming groups of biological organisms on the basis of shared characteristics.

Opportunity cost is the cost of other alternative choices for making your interested choice of work. Oppurtunity cost is also called as alternative cost.

For example on a holiday, you have two choices to do, either you can go to movie or a function. And if you chose to go to moavie, the oppurtunity cost of going to movie is the value that would have gotten if you had gone to function.

The law of increasing opportunity costs states that as you increase production of one good, the opportunity cost to produce an additional good will increase.