Q128. With reference to ‘Bitcoins’, sometimes seen in the news, which of the following statements is/are correct? 1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other. Select the correct answer using the code given below.

With reference to “Blockchain Technology” consider the following statements: 1. It is a public ledger that everyone can inspect but which no single user control

With reference to Central Bank digital currencies, consider the following statements: 1. It is possible to make payments in a digital currency without using the

The establishment of ‘Payment Banks’ is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context?

With reference to Web 3.0, consider the following statements: 1. Web 3.0 technology enables people to control their own data. 2. In Web 3.0 world, there can be

The term ‘Core Banking Solution’ is sometimes seen in the news. Which of the following statements best describes/describe this term? 1. It is a network of a ban

Consider the following statements: The Reserve Bank of India’s recent directives relating to ‘Storage of Payment System Data’, popularly known as data diktat, c

Consider the following statements in respect of the digital rupee: 1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its

Consider the following statements: A digital signature is __________ 1. an electronic record that identifies the certifying authority issuing it 2. used to serv

With reference to the 'Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)', consider the following statements: 1. A property transaction is not tr

With reference to digital payments, consider the following statements: 1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.

The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following? 1. Other banks retain their deposits with the RBI. 2. The RBI

With reference to the Indian economy, “Collateral Borrowing and Lending Obligations” are the instruments of:

Consider the following statements: Other things remaining unchanged, market demand for a good might increase if 1. price of its substitute increases 2

“Gold Tranche” (Reserve Tranche) refers to:

With reference to the Indian economy, consider the following statements: 1. ‘Commercial Paper’ is a short-term unsecured promissory note. 2. ‘Certific

What is/are the purpose/purposes of the Government’s ‘Sovereign Gold Bond Scheme’ and ‘Gold Monetization Scheme’? 1. To bring the idle gold lying with

What does venture capital mean?

A rise in the general level of prices may be caused by: 1. An increase in the money supply 2. A decrease in the aggregate level of output 3. An increa

Which of the following measures would result in an increase in the money supply in the economy? 1. Purchase of government securities from the public b