Q:

Which of the following statements about Bitcoin is/are correct?

1.It is a decentralized virtual currency.

2.It is generated through complex computer software systems.

3.The Reserve Bank of India recognized it as a legal tender in January 2016.

Select the correct answer using the code given below.

A) 1 only	B) 1 and 2 only
C) 2 and 3 only	D) 1, 2 and 3

Answer & Explanation Answer: B) 1 and 2 only

Explanation:

Bitcoin is the world's first cryptocurrency, a form of electronic cash.It is the first decentralized digital currency: the system was designed to work without acentral bankor single administrator.Bitcoins are sent from user to user on the peer-to-peer bitcoin network directly, without the need for intermediaries. These transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto. Bitcoins are not recognised as a legal tender by Reserve Bank of India.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 47484

Q:

The process of transferring of charge from a charged object to the earth is called ______________.

A) neutralisation	B) negation
C) terraforming	D) earthing

Answer & Explanation Answer: D) earthing

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

2 47448

Q:

Read the following information and answer the questions given below:

A has 28 elements, B has 32 elements and A U B has 40 elements.

How many elements does A $\cap$ B have?

A) 12	B) 8
C) 10	D) 20

Answer & Explanation Answer: D) 20

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

0 47390

Q:

Match the correct Memory units.

A) a-r, b-p, c-s, d-q	B) a-p,b-s, c-q, d-r
C) a-r, b-s, c-q, d-p	D) a-r, b-q, c-s, d-p

Answer & Explanation Answer: A) a-r, b-p, c-s, d-q

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

11 47371

Q:

Which of the following Harappan sites was not located in Gujarat?

A) Lothal	B) Daimabad
C) Surkotda	D) Dholavira

Answer & Explanation Answer: B) Daimabad

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

2 47360

Q:

Valency of an element depends on which of the following?

I. Number of losing electron

II. Number of gaining electron

III. Number of sharing electron

A) Only I and II	B) Only I and III
C) Only II and III	D) All I, II and III

Answer & Explanation Answer: D) All I, II and III

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

0 47333

Q:

The vast amount of sea weeds present in oceans may produce an endless source of

A) Methane	B) Ocean thermal energy
C) Sea wave energy	D) Nuclear energy

Answer & Explanation Answer: A) Methane

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 47293

Q:

Jog Falls is situated on which river?

A) Sharavati	B) Cauvery
C) Narmada	D) Chambal

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