What is Event

Event means updating your site video's and other information in YouTube.
You add events in google analytic page by customization section.
 
Events are user interactions with content that can be tracked independently from a web page or a screen load. Downloads, mobile ad clicks, landline tracker,gadgets, Flash elements, AJAX embedded elements, and video plays are all examples of actions you might want to track as Events.
Category
A category is a name that you supply as a way to group objects that you want to track. Typically, you will use the same category name multiple times over related UI elements that you want to group under a given category.

Suppose you also want to track how many times the video is downloaded. You could use:

Category: "Videos"
Action: "Downloaded"
Label: "Gone With the Wind"
more: http://mobilenumbertrackr.com
 
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