Crypto Currency

What is a crypto-currency?

• A. A form of virtual currency.

• B. A form of fiat currency.

• C. A form of legal tender.

• D. None of them

Who is the man behind the concept of crypto-currency ?

• A. John Cardano

• B. Michael Polkadot

• C. Key Binance

• D. Satoshi Nakamoto

Which country has recognized Bit-coin as a means of payment?

• A. China

• B. India

• C. Japan

• D. Russia

Which one of the followings is not a form of virtual currency?

• A. Ethereum

• B. Ripple

• C. Cardano

• D. Nakamoto

Which financial institution has banned Crypto-Currency in India in 2018?

• A. SBI

• B. RBI

• C. Finance Ministry

• D. NITI Ayog

Crypto-Currency is also known as?

• A. Peer to Peer electronic cash system

• B. Satoshi Nakamoto currency

• C. Bitcoin

• D. None of them

The first use of Bitcoin was made in 2010 for buying Papa John’s?

• A. Two Burger

• B. Two Pizza

• C. Two full French Fries

• D. Two Hotdog

Which court of India in 2020 has striked down the ban on Crypto-currency in India?

• A. Delhi High Court

• B. Bombay High Court

• C. Supreme Court

• D. Madras High Court

What does ‘hash’ refer to in the use of Bit-coin or Crypto-currency?

• A. Transaction

• B. Receiving of crypto-currency

• C. Investment in crypto-Currency

• D. Signature

What does ‘Wallet’ refer to in the use of Bit-coin or Crypto-currency?

• A. A Digi-locker

• B. A software for managing address, public and private keys for making transaction.

• C. Both A & B

• D. Neither A nor B