Question
Consider the following statements about electronic
signatures: 1. Electronic signature includes digital signature. 2. Only those electronic authentication techniques which are considered reliable can be notified in the Second Schedule. 3. Once an electronic signature method is notified in the Second Schedule, it cannot be omitted. Â Which of the above are correct according to the IT Act, 2000?Solution
Answer A – Electronic signature includes digital signature and must be reliable and notified; it can be added/omitted by notification (Sec 3A).
A bank needs liquidity for which of the following?
                     I.       Meeting deposit withdrawals
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1. Scheduled Commercial Banks (excl Local Area Banks)
2. Small Finance Banks and Paym...
Provision for bad and doubtful debts is based on the principle of
If the Reserve Bank of India wants to contract credit in the economy, it would most likely: