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Previous Year Questions

Civil Services (PT) Exam 2022

69. 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 are correct?

    Click on the right option
    a) 1 and 2 only ✅
    b) 2 and 3 only
    c) 1 and 3 only
    d) 1, 2 and 3
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Q69: With reference to Non-Fungible Tokens (NFTs), consider the | Civil Services (PT) Exam 2022 | Learnup IAS