Consider the following statements with respect to “Quantum Technology’:1.IBM was the first company to make an actual quantum computer available on the cloud.2.Quantum computing can explore problems in chemistry and pharma related to protein folding and drug design.3.Quantum computing can have application in currency arbitrage, credit scoring and portfolio optimisation for a client in the financial services domain.Which of the statements given above are correct?

Q. Consider the following statements with respect to “Quantum Technology’::
1.IBM was the first company to make an actual quantum computer available on the cloud.
2.Quantum computing can explore problems in chemistry and pharma related to protein folding and drug design.
3.Quantum computing can have application in currency arbitrage, credit scoring and portfolio optimisation for a client in the financial services domain.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: D

Notes:

Explanation –

Statement 1, 2 and 3 are correct. IBM was the first company to make an actual quantum computer available on the cloud in 2016. Quantum computing can explore problems in chemistry and pharma related to protein folding and drug design. Quantum computing can have application in currency arbitrage, credit scoring and portfolio optimisation for a client in the financial services domain.

Source: ForumIAS

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