Question
The Act allows withdrawal of consent:
Solution
Explanation: The Act empowers individuals (Data Principals) to withdraw consent at any time. This ensures that control over personal data remains with the individual, not the fiduciary. Withdrawal must be as easy as giving consent, and fiduciaries must respect the choice. Once withdrawn, processing based on such consent must stop. This right reflects the principle of autonomy and user control, aligning India’s framework with global best practices like the GDPR and safeguarding individual privacy. Â
The process by which market participants try to find an equilibrium price?Â
The risk arising out of human errors, technical faults or lack of internal controls is called-
Which of the following acts is/are associated with management of foreign exchange and prevention of money-laundering?
Last year, bad bank- NARCL was established. What does the “R” stand for in NARCL?
RBI has been using CAMELS based supervision for banks. Which of the following is not included in CAMELS?Â
__________Â is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the com...
RBI recently superseded the boards of directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), citing governan...
Which of the following statements is False regarding Municipality Bonds?
If a bond is issued when prevailing interest rates are 8% at Rs.1,000 par value with a 8% annual coupon. Which of the following is NOT correct?
...What is FCCB?
