Bank Exams Questions

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1) Former President - Pranab Mukherjee

2) Social activist Late - Nanaji Deshmukh

3) Singer Late - Bhupen Hazarika

were confirmed with the India's highest civilian honour Bharat Ratna for 2018.

Indian War of Independence 1857 was written by Vinod Damodar Savarkar.

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.