What is the primary purpose of the Information Technology Act, 2000?

To regulate the global e-commerce market.

To establish regulations for foreign exchange transactions.

To provide a legal framework for e-commerce and e-governance.

To control the expansion of the Internet in India.

What role does the digital signature play in electronic records?

It guarantees the tangible form of electronic documents.

It ensures that electronic records are altered or tampered with.

It converts electronic records into physical copies.

It regulates the authenticity of handwritten signatures.

What is the primary objective of introducing e-governance?

To establish global communication networks.

To foster competition among government agencies.

To modernize government services and improve citizen interaction.

To enforce stricter control over digital transactions.

Why is transparency crucial in the context of e-governance?

To encourage citizens to take up government jobs.

To attract foreign investments.

To reduce corruption and make government dealings more visible.

To ensure government dealings remain confidential.

What is the primary challenge in implementing e-governance?

Lack of appropriate hardware for electronic transactions.

Difficulty in adapting to technological advancements.

A shortage of skilled computer personnel.

What is a key benefit of using electronic signatures in e-commerce?

They ensure confidentiality of data.

They eliminate the need for secure payment gateways.

They allow for handwritten signatures on electronic records.

They provide legal recognition to electronic documents.

What is the main purpose of having a financial and banking framework compatible with digital trade transactions?

To restrict foreign exchange outflow on account of e-commerce.

To eliminate the need for financial institutions in digital transactions.

To establish government control over digital trade.

To promote foreign exchange transactions in e-commerce.

Why is the Information Technology Act criticized for its security provisions?

It provides excessive power to banks for electronic fund transfers.

It lacks regulations for certifying authorities.

It restricts free speech and access to information.

It does not address issues related to electronic signatures.

What is the significance of the OECD guidelines on the protection of privacy and trans-border flows of personal data?

They dictate international trade regulations.

They define the duties of subscriber organizations.

They establish global digital payment standards.

They provide a foundation for privacy protection in e-commerce.

What purpose does the concept of "Triple-S + E" serve in the context of electronic payment systems?

It defines the security protocol for payment gateways.

It outlines the key components of e-governance.

It addresses challenges in digital trade transactions.

It categorizes the principles of safety, security, soundness, and efficiency.

Legal Aspects of E-Commerce - 1 Free MCQ Practice Test with Solutions

	E-Commerce 100 videos\|55 docs\|19 tests

	E-Commerce 100 videos\|55 docs\|19 tests

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