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  9. Q11

HPSC HCS 2021 · Question 11 of 177

Which of the following is true in reference to Blockchain Technology? 1. It is a cryptographically secure database or distributed ledger shared across a number of participants. 2. It՚s a digital ledger of transactions 3. Blockchain is a Cryptocurrency.

Science & Technology

  1. A1 & 3 only
  2. B1 & 2 onlyCorrect
  3. C2 & 3 only
  4. D1,2 & 3 only

Answer: B. 1 & 2 only

Explanation

Blockchain is a cryptographically secure distributed digital ledger of transactions; it is the underlying technology, not itself a cryptocurrency.

Source: HPSC HCS (Ex.Br.) Prelims Paper-I (General Studies) held 12-Sep-2021 (exampyq/doorsteptutor compilation); answers per official HPSC answer key

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