CRPTOCURRENCY Flashcards

1
Q

BITCOIN WAS INTRODUCED IN

A

2009

BASED ON OPEN SOURCE PROTOCOL

NOT ISSUED BY GOVT.

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2
Q

MSIDENTITY SUPPOSED TO BE OF GRP INTRODUCED BOTCOIN AFTERMATH OF 2008 FINANCIAL CRISIS

A

SATOSHI NAKAMOTO

SMALLER FRACTION OF BITCOIN

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3
Q

RECORD OF BITCOIN

A

BLOCKCHAIN

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4
Q

BITCOIN …….UNIT CAN ONLY BE CREATED

A

ONLY 21 MILLION

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5
Q

NFT OR NON FRUGILE TOKEN

A

IS A DIGITAL OBJECT CERTIFICATE OF AUTHENCITY CREATED BY BLOCKCHAIN TECHNOLOGY

EXCHANGE AND SOLD WITH CRTIFICATE THUS , HOLD DIFFERENT VALUE

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6
Q

FIRST SALE OF PAINTING USING NFT

A

HOUSE CHRISTIES BY ARTIST BEEPLE

$70 MILLION

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7
Q

FIRST GROUP RELEASE ALBUM USING DIGITAL TOKEN

A

ROCK BAND KINGS OF LEON

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8
Q

ETH (ETHEREUM BLOCKCHAIN )IS WORLD …….NO. OF CRPTO

A

SECOND LARGESTS

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9
Q

COUNTRY TO RECOGNISE BITCOIN AS LEGAL TENDER

A

EL SALVADOR

IS GOING BUILT A CITY USING BITCOIN

PRESIDENT : NAYIB BUKELE

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10
Q

CRPTO WILL COME UNDER

A

PMLA 2002

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11
Q

LITECOIN

A

PEER TO PEER CRYPTO AND DOPEN SOURCE SOFTWARE

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12
Q

LITE COIN INTROSUCED IN

A

2011

CREATED BY CHRRLIE LEE

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13
Q

INDIAS FIRST BITCOIN EXCHANGE ANAD MERCHANT PROCESSOR

A

UNOCOIN (2014_)

BY VIKRAM NIKKAM AND SATHVIK VISHWANATH

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14
Q

2017 RBI SET UP A …

A

SUBHAS GARG COMMITTEE

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15
Q

2020

A

SC REMOVED BAN ON CROPTO IMPOSED BY RBI IN 2019

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16
Q

JULY 2022

A

TDS IMPOSED ON RATE OF 1 %

17
Q

COUNRTRIES = BITCOIN LEGAL MEANS OF PAYMENT

A

GERMANY
SWITZERLAND

18
Q

REGULATION ON CRPTO IS ISSUED ……BY COUNTRIES

A

JAPAN
SOUTH KOREA

19
Q

RBI LAUNCH DEGITAL RUPPEE ON

A

1 NOV 2022

20
Q

FIRSTLY DIGITAL RUPPEE WILL COVER

A

MUMBAI
NEW DELHI
BENGALURU
BHUBANESHWAR

21
Q

….WILL BE CONSIDERED AS MEDIUM OF PAYKENT

A

CBDC