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Generate QuizTechnology – True/False – GK Questions
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India's crypto tax framework requires reporting of all virtual digital asset transactions regardless of profit/loss.
- True
- False
Answer: True
Section 115BBH taxes crypto transfers at 30% on gross value, with 1% TDS. No loss offset allowed. Critical for comprehensive tax compliance and transaction tracking.
CBDC can enable programmable tax collection at point of transaction.
- True
- False
Answer: True
Programmable CBDC with smart contracts can automate tax withholding on transactions, reducing compliance burden and evasion. Requires careful design to balance efficiency with privacy.
Renewable energy procurement can significantly reduce data center carbon footprint.
- True
- False
Answer: True
Data centers can purchase renewable energy via PPAs, RECs, or on-site generation. Combined with efficiency measures, enables net-zero operations. Critical for corporate climate commitments.
Article 6.2 of Paris Agreement enables bilateral trading of emission reductions between countries.
- True
- False
Answer: True
Article 6.2 allows countries to cooperate through internationally transferred mitigation outcomes (ITMOs), with corresponding adjustments to avoid double counting. Critical for flexible climate action.
Small satellite launch vehicles like SSLV enable cost-effective access to space for dedicated missions.
- True
- False
Answer: True
SSLV (ISRO) and similar small launchers provide dedicated launches for mini/micro satellites, reducing cost and schedule uncertainty vs rideshare. Critical for responsive space access and innovation.
Wholesale CBDC can enable real-time gross settlement of interbank transactions.
- True
- False
Answer: True
e₹-W enables instant, final settlement between banks and financial institutions, reducing counterparty risk and liquidity needs. Critical for payment system modernization and financial stability.
Liquid cooling systems for data centers can achieve higher energy efficiency than air cooling.
- True
- False
Answer: True
Liquid cooling (direct-to-chip, immersion) removes heat more efficiently than air, enabling higher server density and lower PUE. Critical for high-performance computing and sustainable data center design.
Carbon border adjustments aim to prevent carbon leakage by taxing imports from countries with weaker climate policies.
- True
- False
Answer: True
CBAM (EU) and similar mechanisms level playing field by imposing carbon costs on imports. Encourages global climate action while protecting domestic industries. India monitoring developments for trade policy.
Electric propulsion systems provide higher specific impulse than chemical rockets for satellite station-keeping.
- True
- False
Answer: True
Electric propulsion (ion, Hall thrusters) offers 5-10x higher specific impulse than chemical rockets, enabling longer satellite life with less propellant. Critical for GEO satellite operations and deep space missions.
India's crypto tax framework allows deduction of acquisition cost when computing taxable income.
- True
- False
Answer: False
Section 115BBH taxes crypto income at 30% on gross transfer value, no deduction for acquisition cost except cost of acquisition. No loss offset allowed. Critical for accurate crypto tax compliance.
CBDC can enable programmable welfare payments with usage restrictions to prevent misuse.
- True
- False
Answer: True
Programmable CBDC allows conditional transfers: subsidies usable only for food, education, healthcare. Enhances policy effectiveness while requiring careful design to balance control with user autonomy.
Algorithmic efficiency improvements can reduce computing energy consumption without hardware changes.
- True
- False
Answer: True
Optimized algorithms reduce computational complexity, lowering CPU/GPU usage and energy. Examples: efficient ML models, database query optimization, caching strategies. Critical for sustainable software engineering.
Voluntary carbon markets allow corporations to purchase offsets for ESG commitments.
- True
- False
Answer: True
Voluntary markets enable companies to buy carbon credits for net-zero pledges, beyond regulatory requirements. Quality concerns: additionality, permanence, double counting. Standards: Verra, Gold Standard ensure integrity.
Inter-satellite laser links enable data routing between LEO satellites without ground stations.
- True
- False
Answer: True
Optical inter-satellite links create space-based backbone, reducing ground infrastructure needs and latency. Used in Starlink, OneWeb constellations. Critical for global broadband coverage and resilience.
Retail CBDC can coexist with commercial bank deposits without causing disintermediation.
- True
- False
Answer: True
CBDC design can include holding limits, tiered remuneration, and intermediation models to preserve bank deposit role. Critical for financial stability while enabling digital payment innovation.
Stablecoins maintain value parity through reserves, algorithms, or hybrid mechanisms.
- True
- False
Answer: True
Stablecoin types: fiat-collateralized (USDC), crypto-collateralized (DAI), algorithmic (failed Terra). Regulatory focus: reserve transparency, redemption rights, systemic risk mitigation. Critical for crypto ecosystem understanding.
Edge computing can reduce overall energy consumption by processing data closer to source.
- True
- False
Answer: True
Edge computing reduces data transmission to cloud, lowering network energy use. Local processing enables real-time decisions with lower latency. Trade-off: managing distributed infrastructure complexity.
Article 6.4 of Paris Agreement establishes a centralized mechanism for international carbon trading.
- True
- False
Answer: True
Article 6.4 creates UN-supervised mechanism for trading emission reductions between countries, replacing CDM. Aims to ensure environmental integrity, avoid double counting, and support sustainable development.
Carbon credits represent one tonne of CO2 equivalent emission reduction or removal.
- True
- False
Answer: True
One carbon credit = 1 tonne CO2e reduced/removed. Traded in compliance markets (regulated caps) and voluntary markets (corporate ESG). Quality depends on additionality, permanence, and verification standards.
Cubesats are standardized small satellites measuring 10x10x10 cm per unit.
- True
- False
Answer: True
Cubesat standard (1U = 10x10x10 cm, up to 12U) enables low-cost access to space for research, technology demos, and education. India promotes Cubesats via ISRO and academic programs for capacity building.