CAT Questions

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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.

Aruna Budda Reddy has created history by becoming the first Indian to win an individual medal at the Gymnastics World Cup in Melbourne, Australia. She clinched a Bronze medal in the Women’s Vault.

Indian Navy 5th largest in world.

In economy, the currency value depends on imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices.

the gaseous form of water is called water vaour.

Same charges will repel each other and the charges that are different will attract each other.

Veena Sendre from Chhattisgarh was the India's first Miss Trans Queen.