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Question 47

Question MCQ▾

Consider the following statements about Soulbound Tokens:

(i) ‘Soulbound Tokens’ were recently issued by the Idol Wing of Tamil Nadu Police Department to its outstanding team members.

(ii) Soulbound token represents the traits, features, and achievements of an individual or an entity.

(iii) It is being held by “Souls” representing blockchain accounts or wallets.

(iv) Soulbound Token concept comes from the video game World of Warcraft.

Which of the statement/statements given above is/are correct?

Choices

Choice (4)Response

a.

ii, iii and iv Only

b.

ii and iii Only

c.

i and ii Only

d.

All a., b. and c. are correct

Edit

Question 48

Question MCQ▾

Consider the following statements about UPI՚s Single Block and Multiple Debit Facility:

(i) The RBI has recently stated that India՚s most popular digital retail payment system UPI would soon have a new functionality with single-block-and-multiple-debits.

(ii) At present, the UPI could process payment mandates for recurring as well as single-block-and-single-debit transactions.

(iii) The customers at present could block multiple debit transactions in their accounts for their choice of payment.

(iv) Instructions would be issued by the RBI to the National Payments Corporation of India (NPCI) which runs and manages UPI, on this functionality shortly.

Which of the statement/statements given above is/are incorrect?

Choices

Choice (4)Response

a.

i and ii Only

b.

i and iv Only

c.

iii Only

d.

i, ii and iii Only

Edit