IT ACT 2000
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Information Technology and Digital Banking (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
In which year was the Information Technology Act enacted in India?
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.
What is the maximum penalty for damage to a computer system under Section 43 of the IT Act 2000?
Compensation up to one crore rupees to the affected party
What is the primary objective of the IT Act 2000?
The IT Act 2000 aims to provide legal recognition to electronic transactions, facilitate e-commerce and e-governance, and prevent cybercrime in India.
Under which section of the IT Act 2000 is hacking of computer systems punishable?
Section 66 with imprisonment up to three years
Which international model law served as the basis for the IT Act 2000?
The IT Act 2000 is based on the UNCITRAL (United Nations Commission on International Trade Law) Model Law on Electronic Commerce, 1996.
What type of signature technology does the IT Act 2000 recognise as legally valid besides digital signatures?
Electronic signatures using reliable authentication techniques
What legal recognition does the IT Act 2000 grant to electronic records?
The IT Act 2000 grants electronic records the same legal validity as paper-based documents, making them admissible as evidence in courts.
Which schedule of the IT Act 2000 lists offences amended in Indian Penal Code?
First Schedule of the IT Act 2000
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