Q. 1
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
In blockchain technology, what is a 'ledger'?
💡
Step-by-Step Explanation & Concept Rationale
A ledger is a decentralized record of all transactions across a network.
Q. 2
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
Which of these is a 'stablecoin'?
💡
Step-by-Step Explanation & Concept Rationale
Stablecoins like USDT are pegged to a stable asset like the US Dollar.
Q. 3
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is a 'Smart Contract'?
💡
Step-by-Step Explanation & Concept Rationale
Smart contracts automate agreements without the need for an intermediary.
Q. 4
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is 'Cryptocurrency' mining?
💡
Step-by-Step Explanation & Concept Rationale
Mining involves using computer power to verify and record blockchain transactions.
Q. 5
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is a 'Cold Wallet' in crypto?
💡
Step-by-Step Explanation & Concept Rationale
Cold wallets are not connected to the internet, making them safer from hacks.
Q. 6
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is 'NFT'?
💡
Step-by-Step Explanation & Concept Rationale
NFTs are unique digital assets verified using blockchain technology.
Q. 7
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is 'Blockchain'?
💡
Step-by-Step Explanation & Concept Rationale
A decentralized system of recording information that is hard to change.
Q. 8
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What does 'PoS' stand for in modern Blockchain?
💡
Step-by-Step Explanation & Concept Rationale
PoS is an energy-efficient way for blockchains to reach consensus on transactions.
Q. 9
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is a 'Cold Wallet' in cryptocurrency?
💡
Step-by-Step Explanation & Concept Rationale
Cold wallets are much more secure against hacking compared to "hot" online wallets.
Q. 10
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is 'Blockchain'?
💡
Step-by-Step Explanation & Concept Rationale
Blockchain is the underlying technology for cryptocurrencies like Bitcoin.
Q. 11
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is an 'NFT' (Non-Fungible Token)?
💡
Step-by-Step Explanation & Concept Rationale
NFTs are used to represent ownership of digital art, music, and collectibles.
Q. 12
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is a 'Smart Contract'?
💡
Step-by-Step Explanation & Concept Rationale
Smart contracts remove the need for middlemen in many transactions.
Q. 13
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is 'Stablecoin'?
💡
Step-by-Step Explanation & Concept Rationale
They are used to avoid the high volatility of coins like Bitcoin.
Q. 14
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is 'DeFi'?
💡
Step-by-Step Explanation & Concept Rationale
DeFi allows for lending and trading without traditional banks.
Q. 15
Computer Aptitude Test
Difficulty: Medium
(1 Mark)
What is a 'DAO'?
💡
Step-by-Step Explanation & Concept Rationale
DAOs allow for community-governed projects without centralized leaders.
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