Comprehensionhard · Past Paper
Read the passage: Cryptocurrencies, though volatile, represent a significant innovation in the financial sector. They utilize blockchain technology to ensure transparency and security, bypassing traditional banking intermediaries. Question: What is the primary technological foundation of cryptocurrencies according to the passage?
AStandard encryption
BBlockchain technology
CCentral bank servers
DSocial media platforms
✓ Correct Answer: B — Blockchain technology
The passage states that cryptocurrencies utilize blockchain technology.
Share this question
More from Comprehension
- Passage: Solar energy is the most abundant energy resource on Earth. It can be captured and used in several ways, and as a renewable energy source, is an important part of our clean energy future. Nepal, with over 300 sunny days a year, has massive potential for solar power. Q11. How many sunny days does Nepal have on average per year?
- Passage: A library is not just a building full of books; it is a sanctuary for the mind. Q30. What literary device is used in the phrase 'sanctuary for the mind'?
- Passage: The Red Panda is a small mammal native to the eastern Himalayas and southwestern China. It has reddish-brown fur, a long, shaggy tail, and a waddling gait due to its shorter front legs. It feeds mainly on bamboo but is also an omnivore, eating eggs, birds, and insects. Q2. What does the term 'omnivore' imply about the Red Panda's diet?
- Whenever Bina visits her grandmother, she leaves with a bag full of fruit and home-made pickles. What can be inferred about the grandmother?
- Passage: The advancement in battery technology is crucial for the widespread adoption of solar energy to ensure a steady supply. Q18. What can be inferred about the future of solar energy?