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Objective Questions

The document contains objective questions and answers related to blockchain technology, cryptocurrency, and digital identity across three units. It includes fill-in-the-blank and multiple-choice questions that cover key concepts, functionalities, and applications of blockchain. The answers provided indicate a focus on understanding the decentralized nature, security, and implications of blockchain in various fields.
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0% found this document useful (0 votes)
5 views

Objective Questions

The document contains objective questions and answers related to blockchain technology, cryptocurrency, and digital identity across three units. It includes fill-in-the-blank and multiple-choice questions that cover key concepts, functionalities, and applications of blockchain. The answers provided indicate a focus on understanding the decentralized nature, security, and implications of blockchain in various fields.
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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OBJECTIVE QUESTIONS

UNIT -1
Fill in the blanks:

1. _________________ refers to the underlying block chain technology platform.


2. ___________________ is the decentralized transparent ledger with the transaction
records.
3. Bitcoin is a __________________ cash, a way of buying and selling things over the
internet.
4. _________________- is a push technology, not pull technology.
5. An element of personal cryptosecurity that many experts recommend is _____________
mixing.
6. _____________ is the largest and first crptocurrency.
7. The __________________ of the stack is the protocol –the software system that transfers
the money over the blockchain ledger.
8. A separate block chain means a coin has its own _________________ ledger.
9. In Bitcoin there is no ______________ account for registering with another company.
10. In cryptocurrency ______________ software can keep a copy of the block chain
transactions.

Multiple Choice Questions

11. What are the risks of crowdfunding? [ ]


a) Validate their business
b) Failed campaigns damages reputation
c) Backers may help you define your business idea
d) Gain knowledge of the market potential with a pitch

12. In block chain, ___________________ tree stores all the transactions in a block by
producing a digital finger print of the entire set of transactions. [ ]
a) Merkle b) Binary c) AVL d) Red Black.

13. Which among the following is not correct regarding the crypto currency Bitcoin? [ ]
a) It runs on the technology of block chain
b) Bitcoins are hidden in data blocks and can be mined
c) Bitcoins as a medium of payment is authorized by RBI
d) Bitcoin can be sold and bought on exchange Platforms.

14. What is block chain?


a) A block chain is a centralized digital ledger consisting of records called blocks
b) A block chain is a decentralized, distributed, digital ledger consisting of records
called blocks.
c) A block chain is a digital database consisting of records called class.
d) None of the above

15. The generalized structure of crptocurrency include ____________


a) Block Chain b) protocol c) currency d) All the above

16. Which of the following is not a block chain component?


a) Ledger b) Wallet c) Certificate authority d) Hash

17. Identify on
18. e of the types of the block chain network.
a) Open block chain network
b) Constraint block chain network
c) Private block chain network
d) Restricted block chain network

19. What are the benefits of block chain technology?


a) No hidden fees b) Fraud Control & security c) Access levels d) All

20. The term used for a block chain splits is______________.


a) Merger b) fork c) division d) None

21. What are the pillars of block chain technology?


a) Transparency b) Immutability c) Decentralization d) All

Answers:
1 Bit coin 6 Bitcoin 11 D 16 C
2 Block Chain 7 Middle Tier 12 A 17 C
3 Digital 8 Decentralized 13 C 18 D
4 Block Chain 9 Centralized 14 B 19 B
5 coin 10 Wallet 15 C 20 D

UNIT 2
Fill in the blanks

1. ____________________ Functionality enable free speech and provide counter measure


to the centralized control of the internet.
2. The block chain allows a rethinking and decentralization of all Internet network
operations such as __________________.
3. _________________ Challenges are specified in Zooko’s triangle.
4. ______________ uses beyond DNS for storing information more generally.
5. The core functionality of Name coin is that it is a ______________ store system.
6. Using the ___________________ name spaces of Name Coin.
7. ______________ and BitId are examples of block chain based digital identity services.
8. ____________________ Services take advantage of the fact that all Bit coin users have a
personal wallet and address.
9. ___________________ means access for the unbanked and under banked.
10. ________________________ has typically referred to the gap between those who have
access to certain technologies.

Multiple Choice Questions:

11. Extensibility of block chain technology includes ___________________


a) Public and Private key cryptography
b) Peer-Peer file sharing
c) Distributed Computing
d) All the above.
12. What role does Blockchain technology play in enhancing Digital Identity Verification?

A. Storing identity information in a centralized database

B. Distributing and securing identity data across a decentralized network


C. Encrypting identity data on individual devices

D. Verifying identity through biometric authentication only

13. How does Blockchain contribute to the security of digital identities?


A. By relying on a single point of failure for authentication
B. Through the use of complex and hard-to-remember passwords
C. Ensuring data integrity and immutability across a distributed ledger
D. Storing identity information on public servers

14. What is the primary concept behind Blockchain Neutrality?

A. Allowing blockchain networks to favor specific users or entities

B. Ensuring equal access and treatment for all participants in a blockchain network

C. Prioritizing certain transactions based on financial incentives

D. Restricting access to blockchain technology for government entities

15. Why is Blockchain Neutrality considered important in decentralized systems?

A. To promote favoritism and prioritize certain transactions

B. To allow centralized control for efficient decision-making

C. To prevent censorship and ensure fair participation in the network

D. To limit access to blockchain technology for security reasons

16. In a blockchain environment, what is the purpose of consensus mechanisms?

A. To centralize control and decision-making

B. To ensure equal distribution of tokens

C. To validate and agree on the state of the blockchain across nodes


D. To encrypt all transactions for security purposes

17. How does a private blockchain differ from a public blockchain in terms of access?
A. Private blockchains allow open access to anyone, while public blockchains

restrict participation.

B. Public blockchains are open to the public, while private blockchains restrict

access to authorized participants.

C. Both public and private blockchains have the same access policies.

D. Private blockchains require permission from the government for access, while

public blockchains do not.

18. How does blockchain technology enhance the authenticity of digital art?

A. By embedding digital watermarks in the artwork files

B. Through the use of centralized authentication servers

C. By creating unique and tamper-proof certificates of authenticity on the blockchain

D. Using artificial intelligence to verify the artist's style

19. What role do non-fungible tokens (NFTs) play in the digital art space on the blockchain?

A. They provide a standardized format for digital art files.

B. They represent unique ownership of digital art and can be traded on blockchain

markets.

C. They automatically generate digital art based on predefined algorithms.

D. They encrypt digital art files for secure storage.


20. How does blockchain technology address issues of copyright and intellectual property in
the digital art realm?

A. By allowing artists to waive copyright protections for wider distribution

B. Through the use of centralized copyright databases

C. By automatically granting copyright to the first person to access the digital art

D. Through transparent and immutable records of ownership and provenance on the

blockchain

1 DNS 6 Non domain 11 d 16 C


2 DNS services, Digital Identity 7 One Name 12 B 17 B
3 Bitcoin 8 Digital Verification. 13 C 18 C
4 Name Coin 9 Bitcoin Neutrality 14 B 19 B
5 Name,value 10 Digital Divide. 15 C 20 D

UNIT -3
Fill in the blanks

1. Blockchain science combines principles from ____________, cryptography, and


distributed systems to create secure and transparent decentralized networks.

2. The decentralized nature of blockchain eliminates the need for a ____________


authority, fostering trust among participants.

3. Consensus mechanisms such as Proof-of-__________ and Proof-of-Stake are crucial in


maintaining the integrity of the blockchain.

4. Smart contracts, which are self-executing contracts with the terms of the agreement
directly written into code, contribute to the automation of processes on the
____________.
5. In blockchain, each block is linked to the previous one through a ____________, creating
an immutable and tamper-resistant ledger.

6. Non-fungible tokens (NFTs) use blockchain to represent ____________ ownership of


unique digital assets like art or collectibles.

7. Blockchain's ability to provide a transparent and unchangeable record of transactions


makes it an ideal technology for enhancing ____________.

8. The process of adding new transactions to the blockchain involves solving complex
____________ puzzles through a process called mining.

9. Blockchain's application in supply chain management ensures ____________ of products


by recording each step of the production and distribution process.

10. Decentralized finance (DeFi) leverages blockchain to provide financial services without
traditional ____________ intermediaries.

Multiple Choice Questions

11. How does blockchain contribute to genomics research?


A. By encrypting DNA sequences for added security
B. Through the creation of decentralized genomic databases
C. By restricting access to genomic data for privacy concerns
D. Using blockchain to alter genetic information

12. What is a key advantage of using blockchain in genomics for data sharing?
A. Centralized control over genomic data
B. Enhanced privacy and data security
C. Faster DNA sequencing algorithms
D. Unlimited storage capacity for large genomic datasets

13. How does blockchain improve the traceability of genomic data?


A. By obfuscating the origin of genetic samples
B. Through transparent and immutable records of data provenance
C. By limiting access to genomic data
D. Using biometric authentication for access control

14. Which consensus mechanism is commonly used in blockchain-based genomics


platforms?
A. Proof-of-Work (PoW)
B. Proof-of-Stake (PoS)
C. Delegated Proof-of-Stake (DPoS)
D. Proof-of-Genome (PoG)

15. In blockchain genomics, what is the role of smart contracts?


A. DNA sequencing algorithms
B. Executing and enforcing agreements related to genomic data
C. Encrypting genomic data for privacy
D. Decentralized storage of genomic information

16. What does MOOC stand for in the context of Bitcoin education?
A. Massive Open Office Classes
B. Micro Organisms of Online Courses
C. Massive Open Online Courses
D. Modern Online Outcomes Certification

17. How do Bitcoin MOOCs typically deliver educational content?


A. Exclusively through in-person lectures
B. Via traditional textbooks and written materials
C. Through online platforms accessible to a large number of participants
D. Only through private tutoring sessions

18. What is a common focus of Bitcoin MOOCs?


A. Cooking and culinary arts
B. Literature and poetry
C. Cryptocurrency and blockchain technology
D. Fashion and design

19. Why are MOOCs particularly beneficial for learning about Bitcoin?
A. They are only accessible to a select group of learners
B. They provide limited resources and materials
C. They offer flexibility and reach a global audience
D. They focus exclusively on theoretical concepts

20. How might a Bitcoin MOOC enhance understanding of blockchain technology?


A. By ignoring the principles of blockchain
B. By providing hands-on experience with blockchain coding
C. Through theoretical discussions without practical applications
D. By excluding information about Bitcoin's decentralized nature

1 Computer Science 6 unique 11 B 16 C


2 Central authority 7 transparency 12 B 17 C
3 Proof-of-Work 8 Cryptographic 13 B 18 C
4 Block Chain 9 transparency 14 A 19 C
5 Cryptographic hash 10 banking 15 B 20 B

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