2022 · Q68
Nowadays, ‘nonfungible tokens’ are talked about in the context of
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- Adigital assets on a blockchain
- Boperations of ‘banking correspondents’ in rural areas
- Cmultifactor authentication security requirement in banking transactions
- Dtransactions through ‘small finance banks’
Explanation
Non-fungible tokens (NFTs) are talked about in the context of digital assets on a blockchain — unique cryptographic tokens certifying ownership of digital art, collectibles and other digital items. They have nothing to do with banking correspondents in rural areas (option B), multifactor authentication in banking (option C), or small finance banks (option D). Hence option A.