BT Related Questions
Q1.
Which of the following is/are true about Bitcoin?
A) Is a decentralized cryptocurrency
B) Does not require a bank or government for transaction
C) Is not a fiat currency
D) all of the above
Q2.
Who is Satoshi Nakamoto?
A) Prof. Satoshi
B) Warren Buffet
C) Anonymous
D) None of the above
Q3.
Bitcoin is a _________________ currency. Which of the below fills the gap correctly?
A) Digital currency
B) Cryptocurrency
C) Decentralized
D) All of the above
Q4.
Select fiat currency/currencies for the below list
A) The dollar
B) The Euro
c) the Yen
D) all of the above
E) none of the above
Q5.
Where does the Bitcoin transaction occurs?
A) on the Bitcoin network
B) on the WWW
C) Nodes connected on P2P Network
D) National Bank Servers
Q6.
Bitcoin is stored in a digital Wallet.
A) True
B) False
Q7.
What is a miner?
A) Type of blockchain
B) An algorithm that predicts the next part of the chain
C) A person doing the calculation to verify a transaction on the block chain
D) A computer that validates and processes blockchain transactions
Q8.
What is a blockchain?
A) Distributed ledger on P2P network
B) A type of cryptocurrency
C) An Exchange
D) A centralized ledger
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BT Related Questions
Q9.
The term ___________ refers to a network or internat. Fill in the blank with correct response.
A) Cloud Computing
B) Cloud
C) Computing
D) CRM
Q10.
Cloud Computing refers to?
A) Assessing the hardware
B) Configuring the hardware
C) Manipulation of the hardware
D) All of the above
Q11.
The ___________________ allows systems and services to be accessible by a group of
organization. Select an option that correctly fills the gap.
A) Private Cloud
B) Public Cloud
C) Community Cloud
D) Hybrid Cloud
Q12.
The ___________________ allows systems and services to be accessible within the organization.
Select an option that correctly fills the gap.
A) Private Cloud
B) Public Cloud
C) Community Cloud
D) Hybrid Cloud
Q13.
The ___________________ can be shared by many organizations. Select an option that correctly
fills the gap.
A) Private Cloud
B) Public Cloud
C) Community Cloud
D) Hybrid Cloud
Q14.
The ___________________ strategy provides business with greater flexibility by moving
workloads between cloud solutions as needs and costs fluctuate. Select an option that correctly
fills the gap.
A) Private Cloud
B) Public Cloud
C) Community Cloud
D) Hybrid Cloud
Q15.
What is an ICO?
A) A new cryptocurrency
B) Crowdfunding using cryptocurrency
C) An extension of bitcoin
D) An Initial coin Offering
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BT Related Questions
Q16.
Which of the following is a disadvantage to ICO?
A) It extends the options of raising money
B) It allows the viability of new ideas to be tested in the markets
C) They are popular with uninformed retail investors
D) it is useful when the product exist in the blockchain
Q17.
Why is the increase in ICOs making people nervous?
A) Because cryptocurrencies are volatile and mostly unregulated
B) Because cryptocurrencies are not particularly well understood, which creates the volatility
C) Because cryptocurrencies are often invented by untrustworthy people, so they can turn out to
be valueless
D) Because they are far more limited than traditional investments, so you have to invest quicky
Q18.
Which one of the following statements about crowdfunding is false?
A) it is the use of small amounts of money from a large number of people who agree to finance a
start-up
B) it uses social media to connect with potential investors
C) Crowdfunding will provide rewards of some kind that is based on the level of contribution
D) Crowdfunding can be achieved through concerts or other similar public events
Q 19
Kickstarter and IndieGoGo are examples of equity crowdfunding.
A) True
B) False
Q20.
_______________ is a practice of raising small amounts of capital for a cause, project or a
business venture from a large group of people – that can be launched over social media. Correctly
complete this sentence.
A) Kickstarter
B) Indiegogo
C) Crowdfunding
D) Both A & B
E) None of the above
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