Question
How does blockchain achieve its tamper-resistant
quality?Solution
Blockchain's tamper-resistant quality comes from its decentralized nature. Data is replicated across multiple nodes in a network, and each block contains a cryptographic hash of the previous block's data, making it extremely difficult to alter historical records without consensus from the majority of the network.
Under IRAC norms, an ad hoc limit sanctioned to a borrower is treated as NPA if not reviewed or renewed within how many days?
______ of the Companies Act, 2013 deals with the Powers and Duties of Auditors and Auditing Standards.
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
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For a company, the cost of issuing new equity shares is generally higher than the cost of issuing debt because:
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A type of market in which securities with less than one year maturity are traded, is classified as
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What type of banking transaction allows a customer to temporarily invest their money with the bank in exchange for higher interest rates, but with limit...
With respect to self-balancing ledgers, which of the statement is incorrect?