Common Admission Test
Table:
Common Admission Test
Acronym	CAT
Type	Computer-based standardized test
Administrator	Indian Institutes of Management
Skills tested	Quantitative Aptitude, Data Interpretation, Data Sufficiency, Verbal Ability, Reading Comprehension, Logical Reasoning, and Analytical Reasoning
Purpose	Admission to post-graduate management programs
Year started	1950 (1950)
Duration	3 hours
Score range	-100 to 300
Score validity	1 year
Offered	Once a year (usually in November/December).
Regions	354 centres in 99 cities and towns all over India.
Languages	English
Annual number of test takers	232,434 in 2016
Prerequisites	Bachelor's degree (or equivalent) with at least 50 % marks or equivalent GPA (45 % in case of SC, ST, PWD candidates). Final year undergraduate students also eligible
Fee	₹1,800 (US$22) for general category candidates.[1]
₹900 (US$11) for SC / ST / DA (PWD) category candidates
Used by	Various business schools in India
Website	iimcat.ac.in

Looking at the table, assess whether the statement is entailed, neutral, or refuted. Provide the verdict inside {"answer": "YOUR ANSWER"} as JSON.

Statement: The CAT's scores are good for a lifetime.

answer: refuted