Mathematics For Economic Analysis 1 Set 1

On This Page

This set of Mathematics for Economic Analysis 1 Multiple Choice Questions & Answers (MCQs) focuses on Mathematics For Economic Analysis 1 Set 1

Q1 | The objects constituting a set are called
  • estimates
  • elements
  • set objects
  • none of these
Q2 | Who is regarded as the founder of theory of sets?
  • adam smith
  • karl frederich gauss
  • george cantor
  • euller
Q3 | A collection of well-defined distinct objects thought of as a whole is called
  • union
  • derivative
  • set
  • integral
Q4 | “No two elements of a set are identical”. This statement is
  • always true
  • sometimes true
  • not true
  • all of the above is possible
Q5 | A set containing no element is called
  • null set
  • empty set
  • void set
  • all the above
Q6 | A set containing only one element is termed as
  • unit set
  • singleton set
  • both (a) and (b)
  • none of these
Q7 | A set of totality of elements from all possible sets is called
  • union set
  • intersection set
  • universal set
  • unit set
Q8 | If two sets contain the same distinct elements, then they are called
  • equal sets
  • unequal sets
  • equivalent sets
  • all the above
Q9 | If two sets contain same number of distinct elements but not the same elements are called
  • equal sets
  • unequal sets
  • equivalent sets
  • all the above
Q10 | Sets and set operations can be represented by drawing diagrams termed as
  • pie diagrams
  • venn diagrams
  • histogram
  • ogives
Q11 | If every element of a set B is also an element of A, then
  • a is a subset of b
  • b is a subset of a
  • a is not a subset of b
  • b is not a subset of a
Q12 | In Venn diagram, the universal set is represented by
  • points within a rectangle
  • points within a circle
  • both (a) and (b)
  • none of these
Q13 | “Null set is a proper subset of all the non-null sets”. This statement is
  • always true
  • sometimes true
  • never true
  • true subject to some conditions
Q14 | The set which contains all the elements of the two given sets A and B, avoiding duplication, iscalled
  • intersection of a and b
  • union of a and b
  • set of a and b
  • none of these
Q15 | Union of A with A, that is, A U A =
  • complement of a
  • a itself
  • cannot be determined
  • none of these
Q16 | Union of A and the universal set is
  • a
  • a’
  • universal set
  • none of these
Q17 | Union of A and a null set is equal to
  • intersection of a and null set
  • null set
  • both (a) and (b)
  • a
Q18 | Union of A with B is same as union of B with A, that is, A U B = B U A is termed as
  • associative law of union
  • cumulative law of union
  • reflective law
  • all the above
Q19 | The associative law of union is
  • a u (b u c) = (a u
  • u c = a u b u c (b) a u b = b u a
  • a u b = a u c
  • b u c = b u a
Q20 | If B is a subset of A, then A U B =
  • b
  • a
  • intersection of a and b
  • none of these
Q21 | If a set C contain all the elements which are present in both the sets A and B, then set C is called
  • union of a and b
  • intersection of a and b
  • complement of a
  • complement of b
Q22 | If two sets do not have any common element, then they are called
  • complement sets
  • joint sets
  • disjoint sets
  • none of these
Q23 | A set containing all the elements of the universal set except those of set A is called
  • complement of set a
  • complement of universal set
  • union of a and universal set
  • universal set itself
Q24 | The set of all elements belonging to A but not to B is
  • b – a
  • a – b
  • a’
  • b’
Q25 | The set of all subsets of a set A is called
  • power set of a
  • complement of a
  • both (a) and (b)
  • none of these