CAIIB · BRBL · Chapter 62

Information Technology Act, 2000

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Banking Regulations and Business Laws — CAIIB.

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Q

30 Jan 1997?

A

UN General Assembly Resolution A/RES/51/162 adopted UNCITRAL Model Law on E-Commerce.

Q

May 2000?

A

Indian Parliament passed the IT Bill.

Q

9 June 2000?

A

Presidential assent received.

Q

17 October 2000?

A

Act notified and brought into force.

Q

2002 Amendment?

A

Inserted Sec. 81A enabling application to electronic and truncated cheques.

Q

2008 Amendment Act (No. 10 of 2009)?

A

Effective 27 October 2009; introduced data-protection (Sec. 43A), gender-neutral "electronic signature", new offences (Sec. 66A–F, 67A–C), blocking power (Sec. 69A), CERT-In (Sec. 70B).

Q

2017 Amendment?

A

Through Finance Act 2017 (Part XIV of Chapter VI), w.e.f. 26 May 2017, replaced Cyber Appellate Tribunal with Telecom Disputes Settlement and Appellate Tribunal (TDSAT).

Q

Addressee — Sec. 2(1) / Meaning?

A

Sec. 2(1): (b); Meaning: Person intended by originator to receive electronic record; excludes intermediary.

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