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Generate QuizTechnology – Medium Level – GK Questions
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The global standard for crypto asset classification is developed by ________.
- Utilization / CCU
- Precision
- FATF / Financial Action Task Force
- Entanglement
Answer: FATF / Financial Action Task Force
FATF provides international standards for virtual asset definition, VASP regulation, and AML/CFT requirements. Countries implement through domestic laws for cross-border consistency.
Which CBDC design enables offline transactions with deferred settlement?
- Secure Hardware Storage
- Delayed Synchronization
- Both A and B
- Neither
Answer: Both A and B
Offline CBDC uses secure hardware (SE/TEE) to store transactions locally, synchronizing with central ledger when connectivity restored. Critical for inclusion in connectivity-challenged areas.
India's crypto tax framework requires reporting of all virtual digital asset transactions regardless of profit/loss.
- True
- False
Answer: True
Section 115BBH taxes crypto transfers at 30% on gross value, with 1% TDS. No loss offset allowed. Critical for comprehensive tax compliance and transaction tracking.
Which technology enables confidential CBDC transactions while allowing regulatory oversight?
- Zero-Knowledge Proofs
- Confidential Transactions
- Both A and B
- Neither
Answer: Both A and B
Privacy-preserving CBDC: ZK-proofs verify validity without revealing details; confidential transactions hide amounts using cryptographic commitments. Enable auditability for regulators while protecting user privacy.
The CBDC feature that enables transaction limits to prevent illicit flows is called ________ Controls.
- Footprint
- FOSS / Free and Open Source Software
- Board
- Transaction / AML
Answer: Transaction / AML
AML controls in CBDC: transaction size limits, velocity checks, suspicious pattern detection. Balance financial inclusion with regulatory compliance and security requirements.
CBDC can enable programmable tax collection at point of transaction.
- True
- False
Answer: True
Programmable CBDC with smart contracts can automate tax withholding on transactions, reducing compliance burden and evasion. Requires careful design to balance efficiency with privacy.
Which Indian authority issues guidelines for crypto advertising and investor protection?
- RBI
- SEBI
- ASCI
- All of these
Answer: All of these
Multi-regulator approach: RBI warns on risks, SEBI regulates security tokens, ASCI sets advertising standards. Critical for consumer protection and market integrity in evolving crypto landscape.
The CBDC pilot testing interoperability with UPI is called ________ Integration Pilot.
- Platform
- e₹-UPI / Digital Rupee
- FOSS / Free and Open Source Software
- India
Answer: e₹-UPI / Digital Rupee
e₹-UPI integration tests seamless transactions between CBDC wallets and UPI apps, enabling user choice and ecosystem interoperability. Critical for digital payment evolution and adoption.
Which CBDC feature enables conditional welfare payments with usage restrictions?
- Smart Contracts
- Programmable Money
- Both A and B
- Neither
Answer: Both A and B
Programmable CBDC enables subsidies usable only for specific goods/services (food, education), preventing misuse while ensuring benefits reach intended purposes. Critical for social welfare efficiency.
Renewable energy procurement can significantly reduce data center carbon footprint.
- True
- False
Answer: True
Data centers can purchase renewable energy via PPAs, RECs, or on-site generation. Combined with efficiency measures, enables net-zero operations. Critical for corporate climate commitments.
Which mechanism ensures carbon credits represent permanent emission reductions?
- Buffer Pools
- Insurance Mechanisms
- Long-term Monitoring
- All of these
Answer: All of these
Permanence safeguards: buffer pools set aside credits for reversals; insurance covers unexpected losses; monitoring verifies long-term storage. Critical for credible carbon offset markets.
The technology that uses satellite data to monitor deforestation and forest degradation is called ________ Monitoring.
- Forest / REDD+
- MP / Digital India Land Records Modernisation Programme
- Identity
- DigiLocker
Answer: Forest / REDD+
Satellite-based forest monitoring (Sentinel, Landsat) enables near-real-time detection of deforestation, supporting REDD+ programs and climate reporting. Critical for environmental governance.
Which practice reduces software energy consumption by optimizing code execution?
- Algorithm Efficiency
- Resource Management
- Caching Strategies
- All of these
Answer: All of these
Energy-efficient software: optimized algorithms reduce computational complexity; resource management minimizes idle time; caching avoids redundant processing. Critical for sustainable application development.
Article 6.2 of Paris Agreement enables bilateral trading of emission reductions between countries.
- True
- False
Answer: True
Article 6.2 allows countries to cooperate through internationally transferred mitigation outcomes (ITMOs), with corresponding adjustments to avoid double counting. Critical for flexible climate action.
Which technology enables carbon-negative concrete by sequestering CO2 during curing?
- Mineral Carbonation
- Bio-based Aggregates
- Both A and B
- Neither
Answer: Both A and B
Carbon-negative concrete: mineral carbonation captures CO2 in cement; bio-based aggregates (hemp, mycelium) store carbon. Critical for decarbonizing construction, major emission source.
The international framework for coordinating lunar activities and preventing conflicts is called ________ Governance.
- Regolith
- Lunar / Space
- Middle
- Model
Answer: Lunar / Space
Lunar governance involves: Outer Space Treaty principles, Artemis Accords cooperation, UN COPUOS guidelines. Aims to ensure peaceful, sustainable exploration and resource utilization.
Which technology enables dynamic beam forming for targeted satellite coverage?
- Phased Array Antennas
- Digital Beamforming
- Both A and B
- Neither
Answer: Both A and B
Phased array antennas with digital beamforming steer signals electronically without moving parts. Enables adaptive coverage, interference mitigation, and capacity optimization for satellite broadband.
Small satellite launch vehicles like SSLV enable cost-effective access to space for dedicated missions.
- True
- False
Answer: True
SSLV (ISRO) and similar small launchers provide dedicated launches for mini/micro satellites, reducing cost and schedule uncertainty vs rideshare. Critical for responsive space access and innovation.
Which CBDC design enables interoperability with existing payment systems?
- API-Based Integration
- Common Standards
- Both A and B
- Neither
Answer: Both A and B
CBDC interoperability: APIs enable integration with UPI, cards, wallets; common standards (ISO 20022) ensure seamless data exchange. Critical for user adoption and payment ecosystem evolution.
The international standard for crypto asset service provider registration is developed by ________.
- AI-based / Machine Learning
- Parquet
- FATF / Financial Action Task Force
- chmod
Answer: FATF / Financial Action Task Force
FATF sets global AML/CFT standards for VASPs: registration, KYC, Travel Rule compliance. Countries implement through domestic laws. Critical for cross-border crypto regulatory alignment.