Apply Now Student Hub Feedback
JKPSC · Prelims · 2022
General Studies (Paper 1) from JKPSC JKAS 2022 Prelims
Subject: General Studies (Paper 1) Science and Technology Jammu & Kashmir Public Service Commission Last updated May 9, 2026
JKPSC Prelims 2022 General Studies (Paper 1)

Consider the following statements regarding Non-Fungible Tokens (NFTs):

1. Digital assets like art, music, videos, tweets, and selfies can be tokenized as NFTs.
2. NFTs can be traded or exchanged using blockchain technology.

Which of the above statements is/are correct?

Answer & Explanation

Click "Check Answer" to reveal
Correct Answer: Option C — Both 1 and 2
To determine the correct answer, let's look at the defining characteristics of Non-Fungible Tokens (NFTs):

Statement 1 is Correct: Any unique digital item can be "tokenized" to create an NFT. This includes digital art, music, videos, and even social media posts like tweets or selfies. By tokenizing these assets, the creator establishes a digital certificate of authenticity and ownership.

Statement 2 is Correct: NFTs are built on blockchain technology (primarily Ethereum, but also Solana and others). The blockchain acts as a decentralized ledger that records every transaction, allowing these tokens to be securely traded, bought, or exchanged on various digital marketplaces.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.
Try another question from JKPSC JKAS 2022 Prelims Try another question from General Studies (Paper 1)

About this question

JKPSC JKAS 2022 Prelims

Details

Exam JKPSC
Recruitment JKAS
Stage Prelims
Year 2022
Subject General Studies (Paper 1)
View all questions from this paper

More General Studies (Paper 1) questions

From across UPSC, JKPSC, and JKSSB papers — same subject, different years.

With reference to Open Network Digital Commerce (ONDC), consider the following statements:1. It is an initiative of the Ministry of Scien... JKPSC JKAS 2022 Prelims · General Studies (Paper 1) The Sangam literature can be divided into two groups named Narrative and Didactic.Consider the following statements: 1. The narrative tex... JKPSC JKAS 2022 Prelims · General Studies (Paper 1) Dolomite deposits have been found in:  JKPSC JKAS 2021 Prelims · General Studies (Paper 1) Consider the following statements: 1. It is a large pale water bird declared Threatened species by IUCN. 2. They live in lowland fresh wa... JKPSC JKAS 2022 Prelims · General Studies (Paper 1) “Quotas are the building blocks of the IMF’s financial and governance structure. An individual member country’s quota broadly reflects it... JKPSC JKAS 2024 Prelims · General Studies (Paper 1)

Practice 1,142+ more PYQs interactively

Filter by subject, year, and exam in real time. Get instant feedback, detailed explanations, and track your progress.

Open practice portal