Sets, Relations and Functions
217 Practice MCQs available for CA Foundation
Paper
Paper 3: Quantitative Aptitude
Exam Weightage
3-5 Marks
Key Topics
Sets, Relations, Functions
This chapter covers Sets, Relations, Functions and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.
Exam Strategy Tip
This topic carries 3-5 Marks weightage. Focus on understanding core concepts rather than memorizing.
Key Terms
Quick Ratio
A stringent liquidity ratio (also called Acid-Test Ratio) that measures the ability to meet short-term obligations using only the most liquid assets, excluding inventories and prepaid expenses. Formula: (Current Assets − Stock − Prepaid Expenses) ÷ Current Liabilities. Ideal is 1:1.
Set
A well-defined collection of distinct objects (called elements or members). Sets are denoted by capital letters and elements are listed within curly braces. Key operations include Union (∪), Intersection (∩), and Complement.
Function
A relation from a set A (Domain) to a set B (Codomain) such that every element in A is associated with exactly one element in B. Written as f: A→B. Types include Linear, Quadratic, Polynomial, and Exponential functions.
Comparison Tables
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