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              3.  A blockchain transaction is virtually impossible to delete because each transaction has to be
                                       on the network.

              4.  The disadvantage of blockchain technology is that it cannot be understood by people who
                 know coding. (True/False)

              5.  The transactions in blockchain technology are slow, expensive and consume                      .
              6.  Threat to privacy is a major concern with blockchain technology. (True/False)


             B   Choose the correct answer.                                                   (2 × 1 = 2 marks)


              1.  The applications of blockchain technology are
                   a.  limited.              b.  tedious.              c.  extensive.           d.  useful.

              2.  Which word in paragraph 6 is the antonym of ‘simple or straightforward’?
                   a.  easy                  b.  complex               c.  effortless           d.  clear

              A.  1.  security   2.  transaction information   3.  validated   4.  false   5.  a lot of power   6.  true
              B.  1.  c.  extensive.    2.  b.  complex


                                                    2. gender pay gap

              1.  The World Economic Forum’s ‘Global                 experience, educational qualification and
                 Gender Gap Report 2017’ saw India                   rise in occupational hierarchy.
                 ranked 108th. Both formal and informal           3.  According to the Monster Salary Index
                 labour services in India have seen a large          on gender for 2016, women in India earn
                 pay gap between women and men for                   25% less than men. The report shows the
                 decades. For the labour sector, women are           biggest gap in the IT and communications
                 considered to be unable to work longer              industry at a whopping 38.2%. The
                 hours or do any work that requires a lot of         gap in the manufacturing industry is at
                 physical strength. In India, the expectation        29.9%, banking and insurance at 21.5%,
                 is that women will bear the primary                 construction at 18.1%, social work
                 responsibility for running the household,           and healthcare at 22.6%, and legal and
                 even if they are employed outside the               business at 27.5%. Education and research
                 house. This idea influences the hiring of           is the only industry where the pay gap
                 women in the formal sector. Employers               decreased to –3.4% from 2015–16, but
                 tend to see women as less reliable                  averages out at 14.7% in the period from
                 employees, who would be distracted by               2014–16. The smallest gap can be found
                 domestic responsibilities, and thus are             in the transport and logistics industry at
                 reluctant to support, promote and pay               7.7%.
                 women employees as much as men.
                                                                  4.  However, there are countries in the world
              2.  According to the 2012 report ‘Gender               where gender equality isn’t a distant
                 Pay Gap in the Formal Sector’ by the                dream. According to Universum’s survey,
                 WageIndicator Foundation and the Indian             the nation with the smallest gap in
                 Institute of Management, Ahmedabad, the             expected business salary is Malaysia, where
                 pay gap increases with women’s age, work
                                                                     women expect to be paid 96.51% of the



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