1) CBDCs are regulated by a country's central bank, while stablecoins are not controlled by any government. a) True b) False 2) What is CBridge – QAZ Empire trying to do? a) Make it easier for people to use regular money (like dollars) and digital money from banks. b) Help people play video games with digital money. c) Teach people how to save their money in a piggy bank. d) Create a new kind of candy. 3) Which type of stablecoin is backed by a physical asset like gold, silver, or oil? a) Fiat-Collateralized Stablecoin b) Commodity-Backed Stablecoin c) Crypto-Collateralized Stablecoin d) Algorithmic Stablecoin 4) What is the primary purpose of Wholesale CBDCs? a) Enables everyday consumers to make low-value transactions. b) To be used by financial institutions for high-value transactions and inter-bank settlements. c) To act as a digital form of cash for the general public d) To create a new cryptocurrency for online shopping. 5) What is the main purpose of Retail CBDCs? a) To provide a digital currency for financial institutions to settle high-value transactions. b) To allow the general population to access digital finance without a bank card, helping build credit history and acting as digital cash. c) To create a new cryptocurrency for online shopping only. d) To eliminate all bank transactions and create a cashless society. 6) What is a Hybrid CBDC? a) A digital currency that is only used by central banks for inter-bank settlements. b) A digital currency that combines features of both wholesale and retail CBDCs, issued by a reserve bank with a commercial bank as an intermediary. c) A cryptocurrency that is not regulated by any government d) A CBDC for a Tesla. 7) What is a key difference between Stablecoins and CBDCs? a) Stablecoins are issued by governments, while CBDCs are created by private companies. b) Stablecoins are decentralized and tied to a fiat currency or commodity, while CBDCs are centralized and tied to a country's legal tender. c) Stablecoins are used for domestic payments only, while CBDCs are only for international trade. d) Stablecoins are more volatile than CBDCs because they are not tied to fiat currency. 8) CBDCs are programmed by "White Hats" and are designed to reduce payment fraud, while cryptocurrencies do not need to be backed by anything a) True b) False 9) What is one public psyop about CBDCs that is misleading? a) CBDCs provide complete freedom and privacy for users b) Governments or central banks could control who can use the CBDC and how the money can be spent. c) CBDCs are decentralized and cannot be influenced by any government. d) Biometrics are encouraged to enhance privacy and protect user data. 10) The Quantum Stellar Financial System (QSFS) has three governance layers, with Layer 1 managed by a global military alliance, Layer 2 by CBDCs and continents, and Layer 3 run by individual countries. a) True b) False 11) Statement: Protocol 19 focuses on liquidity and involves institutions such as BNDES, Innova Capital, NDB, and DBSA, while Protocol 20 is related to Smart Contracts. a) True b) False 12) Which of the following SEPs (Stellar Ecosystem Proposals) are related to connecting to Central Bank Digital Currencies (CBDCs)? a) SEP-0006 - Deposit and Withdrawal API b) SEP-0010 - Stellar Web Authentication c) SEP-0034 - Wallet Request Attribution for Anchors d) SEP-0024 - Hosted Deposit and Withdrawal e) All the above 13) What is CBridge designed to do? a) It connects different Central Bank Digital Currencies (CBDCs) and traditional fiat currencies using Stellar, enabling seamless cross-border transactions for self-banking. b) It DOES NOT focus on providing self-banking tools for banks to manage their accounts. c) It only focuses on traditional fiat currencies, without incorporating blockchain technology. d) It is designed to track and manage cryptocurrency wallets without any involvement in CBDCs. 14) Statement: CBridge is designed to layer multiple streams of passive income and is used to integrate CBDCs on the Stellar network, including testing new features with CBDCs like eTENGE and auto-updating them with CBridge AI a) True b) False 15) What is Monero (XMR) known for? a) It is a centralized cryptocurrency with complete transparency. b) It was launched before Stellar in 2014. c) It is only used for public transactions and has no privacy features. d) It focuses on financial privacy by being secure, private, and untraceable. 16) Ripple + Monero = XELMO   a) True b) False 17) Stellar + Monero offers fast and efficient transaction of Stellar with the privacy and anonymity feature of Monero a) True  b) False 18) The QSI "PEOPLESBANK" project, developed by Mr. Potato's House, aims to take control of the PBoC and eliminate corruption and inefficiencies, using the Ethereum blockchain to build a transparent and efficient financial system for humanity. a) True b) False 19) SMARTCBDC is a cutting edge technology that integrates AI and Blockchain to create a dynamic and adaptive monetary system a) True b) False 20) Which of the following is the main reason the introduction of a Central Bank Digital Currency (CBDC) is unlikely to reduce the international role of the U.S. dollar as a store of value? a) The introduction of a CBDC would directly reduce the liquidity of U.S. Treasuries. b) A U.S. CBDC would be a more attractive option than foreign CBDCs or stablecoins c) The U.S. economy and political system have long been stable and will continue to support the dollar's role in global finance. d) The U.S. dollar is the only currency used for global transactions, making any other currency irrelevant. 21) Central bank digital currencies (CBDCs) are expected to become widespread and will be used for international payments as a norm within the next… a) 5 Years b) 3 Years c) 10 Years d) 17 Years 22) The Bank of England was the first central bank that started this entire mess! a) True b) False 23) Which developer created the AUSRESERVE ICO? a) BunBun b) Grandpa Ivan c) Seraphim Kim d) Mr Potato 24) India is one of the few countries that have launched both wholesale and retail CBDCs. a) True b) False 25) What are the major pillars for the CBUAE ICO a) Soft launch of the ongoing project mBridge b) Proof of concept work for a bilateral CBDC bridge (cBridge) with India c) Proof of concept work for a domestic wholesale/retail CBDC d) All of the above e) None of the above 26) Africa CBDCs in progress include a) Nigeria, South Africa, Zimbabwe b) Morocco and Somalia c) Germany and France d) Sudan and Kenya 27) What countries are part of the Asia-Pacific Economic Cooperation (APEC)? a) China b) Vietnam c) Thailand d) Both A & B 28) The countries that make up the Central Asia Region are Russia, Kazakhstan and India a) True b) False 29) The Gulf Cooperation Council are made up of Saudi Arabia, UAE, Bahrain and Kuwait? a) True b) False 30) What is the Xelmo Stablecoin for Australia? a) QSAU b) AUSReserve c) AUDX d) AUDT 31) Which one of these is NOT a Stablecoins? a) EURX b) GBPX c) CHFX d) PLNX 32) USMCA is one of the world’s largest free trade zones, with more than 510 million people and an economy of $30.997 trillion in nominal GDP, nearly 30 percent of the global economy. a) True b) False 33) Bun Bun is the developer for Brazil’s CBRIDGE CBDC a) True b) False 34) The coins that are exempt from QSI beta tests are? eTenge (Kazakhstan), eAED (UAE), eBNY (Belarus), eRUB (Russia)? a) True b) False

CBDC's Wealth Transfer Wheel

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

Continue editing: ?