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Q. Statement I The set of letters needed to spell 'CATARACT' and the set of letters needed to spell 'TRACT' are equal.
Statement II All the subsets of the set $\{-1,0,1\}$ are $\phi,\{-1\},\{0\},\{1\},\{-1,0\},\{-1,1\}$ and $\{0,1\}$

Sets

Solution:

Let $X$ be the set of letters in word 'CATARACT'. Then,
$X=\{ C , A , T , R \}$
Let $Y$ be the set of letters in word 'TRACT'. Then,
$Y=\{ T , R , A , C , T \}=\{ T , R , A , C \}$
Since, every element in $X$ is in $Y$ and every element in $Y$ is in $X$. It follows that $X=Y$.
Hence, Statement I is true.
Let $A=\{-1,0,1\}$. The subset of $A$ having no element is the empty set $\phi$. The subsets of $A$ having one element are $\{-1\}$, $\{0\}$ and $\{1\}$. The subsets of $A$ having two elements are $\{-1,0\},\{-1,1\}$ and $\{0,1\}$. The subset of $A$ having three elements of $A$ is $A$ itself. So, all the subsets of $A$ are $\phi,\{-1\}$, $\{0\},\{1\},\{-1,0\},\{-1,1\},\{0,1\}$ and $\{-1,0,1\}$.
Hence, Statement II is false.