CAIIB · ITDB

IT ACT 2000

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Information Technology and Digital Banking (Elective) — CAIIB.

1 video class 65 one-liners
Quick revision

One-liners from this chapter

Free sample — 8 of 65 rapid-fire Q&A cards.

Q

In which year was the Information Technology Act enacted in India?

A

The IT Act was enacted in the year 2000 and came into force on 17th October 2000, making India one of the first countries to have cyber laws.

Q

What is the maximum penalty for damage to a computer system under Section 43 of the IT Act 2000?

A

Compensation up to one crore rupees to the affected party

Q

What is the primary objective of the IT Act 2000?

A

The IT Act 2000 aims to provide legal recognition to electronic transactions, facilitate e-commerce and e-governance, and prevent cybercrime in India.

Q

Under which section of the IT Act 2000 is hacking of computer systems punishable?

A

Section 66 with imprisonment up to three years

Q

Which international model law served as the basis for the IT Act 2000?

A

The IT Act 2000 is based on the UNCITRAL (United Nations Commission on International Trade Law) Model Law on Electronic Commerce, 1996.

Q

What type of signature technology does the IT Act 2000 recognise as legally valid besides digital signatures?

A

Electronic signatures using reliable authentication techniques

Q

What legal recognition does the IT Act 2000 grant to electronic records?

A

The IT Act 2000 grants electronic records the same legal validity as paper-based documents, making them admissible as evidence in courts.

Q

Which schedule of the IT Act 2000 lists offences amended in Indian Penal Code?

A

First Schedule of the IT Act 2000

Unlock all 65 one-liners

Self-quiz mode with hidden answers + printable deck.

Open the deck
Watch & learn

Video classes for this chapter

Master the full ITDB syllabus

Every chapter of Information Technology and Digital Banking (Elective) — videos, tests, notes and one-liner decks in one place.