WorksheetsCrypto Currency
Total questions: 20
Worksheet time: 10mins
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
Which bank has increased security features for its YONO and YONO fat-free apps, known as 'SIM Binding'?
A.SBI
B.PNB
C.HDFC
D.ICICI
What does P2P stand for?
Password to Password
Peer to Peer
Product to Product
Private Key to Public Key
What is a node?
A type of cryptocurrency
A Blockchain
A computer on a Blockchain network
An exchange
Where do you store your cryptocurrency?
Bank account
Floppy Disk
Wallet
In your pocket
Where is the LEAST SAFE place to keep your cryptocurrency?
In your pocket
On an exchange
On a hot wallet
At your work desk
What is a miner?
A type of blockchain
An algorithm that predicts the next part of the chain
A person doing calculations to verify a transaction
Computers that validate and process blockchain transactions
What are the different types of tokens?
Platform
Privacy
Currency
All of the above
Where can you buy cryptocurrency?
A private transaction
An exchange
A Bitcoin ATM
All of the above
Which is NOT a part of asymmetric encryption?
Mining
Public key
Passphrase
Private Key
What is a blockchain?
A distributed ledger on a peer to peer network
A type of cryptocurrency
An exchange
A centralized ledger
