Science and Technology · Blockchain Technology
With reference to Non-Fungible Tokens (NFTs), consider the following statements: 1. They enable the digital representation of physical assets. 2. They are unique cryptographic tokens that exist on a blockchain. 3. They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions. Which of the statements given above is/are correct?
- 11 and 2 only✓
- 22 and 3 only
- 31 and 3 only
- 41, 2 and 3
Correct answer
1 and 2 only
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 Science and Technology?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Blockchain Technology?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Science and Technology · Blockchain Technology