pyq/2016/prelims/66

With reference to ‘Bitcoins’ sometimes seen in the news, which of the following statements is/are correct?

1. Bitcoins are tracked by the Central Banks of the countries.

2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address.

3. Online payments can be sent without either side knowing the identity of the other.

Select the correct answer using the code given below.

(A) 1 and 2 only

(B) 2 and 3 only

(C) 3 only

(D) 1, 2 and 3