
Digital Currency Quiz
Authored by Archana Shimpi
Computers
12th Grade
Used 2+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a digital currency?
A form of physical money
A currency stored electronically without physical form
A currency used only in gaming
A type of cryptocurrency mining tool
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of digital currency?
Bitcoin
US Dollar
Gold
Credit Card
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which technology is primarily used to track digital currency transactions?
Cloud Computing
Blockchain
Artificial Intelligence
Internet of Things (IoT)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of blockchain in digital currency?
To create a physical version of digital money
To secure and verify transactions in a decentralized manner
To increase the value of digital currency
To control the supply of money by banks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which feature of blockchain makes it secure?
It is controlled by a single organization
Transactions are reversible
It uses cryptographic hashing and decentralization
All transactions are stored on a single computer
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the process of verifying transactions in a blockchain?
Encrypting
Mining
Uploading
Downloading
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic of digital currency?
It can be transferred electronically
It requires a physical bank to operate
It can be decentralized
It is often secured using cryptography
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