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Digital Currency and CBDC Basics Quiz

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12 Questions

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Digital Currency and CBDC Basics: a General level Computers & Tech quiz. Test your knowledge with 12 questions!

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Questions

Question 1

Which of these is a popular digital currency?

A Gold

B Bitcoin

C Checks

D Paper money

Question 2

What is the primary purpose of a CBDC?

A To sell stocks

B To digitize sovereign currency

C To replace all physical gold

D To mine new minerals

Question 3

Are cryptocurrencies generally decentralized?

A Only for banks

B Only on weekends

C Yes

D No

Question 4

What technology often powers digital currencies?

A Telegraphy

B Paper printing

C Steam engine

D Blockchain

Question 5

Which of these is a characteristic of digital currency?

A It exists only in electronic form

B It is always made of metal

C It cannot be sent online

D It is stored in physical vaults

📋 This quiz has 12 questions in total.