📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Data Fiduciaries must appoint a Data Protection Officer

    if classified as:
    A Startup companies Correct Answer Incorrect Answer
    B Significant Data Fiduciaries Correct Answer Incorrect Answer
    C Non-profit organizations Correct Answer Incorrect Answer
    D Educational institutions Correct Answer Incorrect Answer
    E Individual professionals Correct Answer Incorrect Answer

    Solution

    Explanation: Certain fiduciaries may be classified as Significant Data Fiduciaries (SDFs) by the Central Government based on factors like volume and sensitivity of data processed, risk to rights of individuals, or impact on sovereignty. SDFs are mandated to appoint a Data Protection Officer (DPO) and conduct regular audits. This ensures higher accountability from entities handling large-scale or sensitive personal data, creating a risk-based compliance framework to safeguard privacy and minimize potential harms.

    Practice Next
    More Other Laws and Acts Questions
    ask-question