Nasscom Model Questions

Module 9
Module 9: Blockchain and Robotic Process
Automation

Question 1

The workings of the Blockchain technology is such that if you make a change to the
information recorded in a particular block, you don't rewrite it, instead the change is
stored in a new block.

(a) True

(b) False

Answer: a) True

Question 2

How did Blockchain technology impact Walmart Canada's supply chain management?
(a) It increased disputed invoices to 90%.

(b) It reduced disputed invoices from 70% to 1%.

(c) It eliminated all manual work in payables.

(d) It doubled the time required for carrier payments.

Answer: b) It reduced disputed invoices from 70% to 1%.

Question 3

What major trend is associated with the adoption of Blockchain technology?

(a) Mass adoption of centralization

(b) Mass adoption of decentralization

(c) Decreased security

(d) Increased regulation

Answer: b) Mass adoption of decentralization

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Question 4

Which one of the following Blockchain trends enables users to build their own digital
products with Blockchain technology?

(a) Blockchain as a Product

(b) Blockchain as a Service

(c) Blockchain with AI

(d) Blockchain with IoT

Answer: b) Blockchain as a Service

Question 5

Federated Blockchain is a type of Private Blockchain.

(a) True

(b) False

Answer: a) True

Question 6

What is a key characteristic of Blockchain technology?

(a) High transaction fees

(b) Centralized control

(c) Decentralization

(d) Limited access

Answer: c) Decentralization

Question 7

What does the term 'digital ledger' refer to in the context of Blockchain?

(a) A type of cryptocurrency

(b) A shared record of transactions

(c) A physical notebook

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d) A banking system

Answer: b) A shared record of transactions

Question 8

While using Blockchain, fragmented internal systems are centralized allowing

interoperability.

(a) True

(b) False

Answer: a) True

Question 9

Cryptocurrency is the technology that serves as the Distributed Ledger that forms the
Network.

(a) True

(b) False

Answer: b) False

Question 10

Bitcoin allows anyone to send money across borders almost instantly and with very low
fees.

(a) True

(b) False

Answer: a) True

Question 11

Which of the following are the benefits of employing Blockchain in financial

transactions?

A. Faster Transactions

B. Error-Free Transactions

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C. Centralized Verification

(a) A and B

(b) B and C

(c) A and C

Answer: a) A and B

Question 12

Which factor of blockchain makes it disruptive for the banking sector?

(a) The fact that it is fast.

(b) The fact that it reduces interactions with intermediaries.

(c) The fact that it is secure.

Answer: b) The fact that it reduces interactions with intermediaries.

Question 13

How can Blockchain technology enhance Central Bank Digital Currencies (CBDCs)?

(a) By reducing financial access for individuals

(b) By compromising user security and privacy

(c) By providing transparency to track transactions

(d) By increasing the need for physical currency

Answer: c) By providing transparency to track transactions

Question 14

In financial services, Blockchain technology is used for:

(a) Automation

(b) Digital Connection

(c) Digital Instruments

Answer: c) Digital Instruments

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Question 15

Blockchain can improve data quality for banks by ensuring that data does not exist in
duplicate locations.

(a) True

(b) False

Answer: a) True

Question 16

How can Blockchain be utilized in creating an efficient workplace?

(a) By helping recruiters to quickly verify the employment history of potential candidates
(b) By linking the accounts of employees with company accounts

(c) Easier and faster payments of salaries

(d) By helping the employers outsource tasks

Answer: a, c, d

Question 17

Blockchain makes data private and secure by using cryptographic techniques and
Merkle trees, which makes it possible for only permissioned users within the ecosystem
to access even publicly accessible data.

(a) True

(b) False

Answer: a) True

Question 18

Controlling career credentials data through blockchain can be beneficial for which of
the following job search-related processes?

(a) Employment creation

(b) Job match

(c) Job advertisements

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(d) Relevant hiring organisations

(e) Proof of career history for immigrants

Answer: b, d, e

Question 19

On a blockchain, private data such as medical conditions or performance history can

be immutably recorded. Once recorded, employees do not have control on their own
data because records cannot be deleted from a blockchain.

(a) True

(b) False

Answer: b) False

Question 20

Which of the following is NOT true about the impact of Blockchain on the workforce?

(a) Salaries and bonuses will be more transparent if they are put on an open
blockchain.

(b) Workplaces can use blockchain to track the work outsourced to independent or
freelance staff, having a verified and tracked record of completed tasks.

(c) In the near future, all employers and universities will adopt blockchain technology,
which will significantly simplify the resume verification process for recruiters.

(d) Blockchain as a career tool can help refugees and immigrants find jobs in the new
country according to their skillsets and professional experience.

Answer: c)

Question 21

Blue Prism is a RPA tool used widely in the industry.

(a) True

(b) False

Answer: a) True

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Question 22

Which of the following are the benefits of RPA tools?

(a) Helps you to automate large numbers of the processes

(b) Helps you to increase scalability

(c) Helps in connecting different devices

Answer: a, b

Question 23

A well-controlled and scalable RPA platform in any organization needs a partnership

between:

(a) HR and IT

(b) Operation and IT

(c) Support and IT

Answer: b) Operation and IT

Question 24

One RPA process can work with only one application.

(a) True

(b) False

Answer: b) False

Question 25

What are the two things necessary for the execution of a complete RPA solution?

(a) Operation Studio and HBO

(b) Process Studio and VBO

(c) Automation Studio and RBO

Answer: b) Process Studio and VBO

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Question 26

The Core Technologies of RPA include which of the following?

(a) Artificial Intelligence

(b) Machine Learning

(c) Workflow Automation

(d) Screen Scraping

(e) Natural Language Processing (NLP)

Answer: a, c, d

Question 27

RPA tools enable a robust integration into the UI layer, which ensures that the layout
and screen resolution changes in your application do not adjust.

(a) True

(b) False

Answer: b) False

Question 28

Screen Scraping is useful when working with application interfaces that are
_____________ through available UI frameworks or code.

(a) accessible

(b) not accessible

(c) readable

(d) not formattable

Answer: b) not accessible

Question 29

Which of the following statements is NOT true about Workflow Automation?

a) Workflow Automation refers to the process of automating a set of manual processes

or tasks based on a set of pre-defined rules or conditions.

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(b) Workflow Automation automates both external and internal workflows in a more
customized and personalized manner.

(c) Workflow Automation increases the accuracy of consumer data being handled.

(d) With Workflow Automation, because of automated responses, it is difficult to track

and respond to individual follow-ups and status updates.

Answer: d)

Question 30

Which AI capabilities help drive the business value of RPA?

(a) Natural Language Processing (NLP)

(b) Computer vision

(c) Chatbots

(d) Optical Character Recognition (OCR)

Answer: a, b, d

Question 31

In Insurance Industry, workers spend more than half of their time in:

(a) Collecting and processing data

(b) Arranging offline paper data

(c) Printing reports

Answer: a) Collecting and processing data

Question 32

Using RPA bots, which one of the following functions can NOT be automated?

(a) Data entry into key systems

(b) Meeting customers one-to-one

(c) Downloading policyholder data from multiple sources

(d) Reading and scanning data

Answer: b) Meeting customers one-to-one

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Question 33

RPA implementation should never involve orchestrating the robots to automate

processes, the robots can do it without supervision.

(a) True

(b) False

Answer: b) False

Question 34

Which of the following will be a huge field of application of RPA in regulatory

compliance processes in Insurance and Banking sectors?

A. Process workflows

B. Control costs

(a) Only A

(b) Only B

(c) Both A and B

Answer: c) Both A and B

Question 35

Traditional Insurance systems are undergoing transformation and technologies like RPA
are inducing:

(a) Slow Speed to action

(b) Multi Channel Integration

(c) Heavy Cost of Implementation

: b) Multi Channel Integration

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