Economics · Economy
Consider the following statements regarding cryptocurrencies: 1. Transactions in decentralized cryptocurrencies are recorded and verified using blockchain technology without a central authority. 2. Cryptocurrencies allow pseudonymous peer-to-peer payments across borders without traditional financial intermediaries. 3. All cryptocurrencies are officially issued and regulated by the central banks of their respective countries. How many of the above statements are correct?
- 1Only one
- 2Only two✓
- 3All three
- 4None of the statements
Correct answer
Only two
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy