Question
With reference to “Blockchain Technology”, consider
the following statements: (2020) 1.It is a public ledger that everyone can inspect, but which no single user controls. 2.The structure and design of blockchain is such that all the data in it are about cryptocurrency only. 3.Applications that depend on basic features of blockchain can be developed without anybody’s permission. Which of the statements given above is/are correct?Solution
A blockchain is a form of public ledger, which is a series (or chain) of blocks on which transaction details are recorded and stored on a public database after suitable authentication and verification by the designated network participants. A public ledger can be viewed but cannot be controlled by any single user. The blockchain is not only about the cryptocurrency but it turns out that blockchain is actually a pretty reliable way of storing data about other types of transactions, as well.
As per the Companies Act no company limited by shares shall issue any preference shares which are______________
Partner's liability for acts of the firm is___?
Mark the correct statements:
1. An agreement without consideration is void
2. Consideration should have some value in the eyes of law...
Which of the following is not true with respect to shareholding in a recognized stock exchange as given in Securities Contract (Stock Exchanges and Clea...
 IPC defines theft as ………..
Which one is not an advantage of Arbitration?
What, as per Payment of Gratuity Act, 1972 is the maximum imprisonment term for the purpose of non-payment of any gratuity payable under this act ?
As per the Industrial Employment (Standing Orders) Act, 1946 Standing Orders shall come into operation —
Which of the following country is not included in BRICS ?
Who are not competent to Contract as per the Contract Act?     Â
