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With reference to the Personal Data Protection Bill of 2019, consider the following statements:
1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.
2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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With reference to the Personal Data Protection Bill of 2019, consider ...
The Joint Parliamentary Committee (JPP) on the Personal Data Protection Bill of 2019 is said to have adopted the final draft. The Bill is slated to be tabled in the Winter Session.
- One of the major changes that the final draft of the PDP Bill is believed to have pushed for is to include non-personal data within its ambit, which changes the nature of the Bill from personal data protection to just data protection.
- The final draft is also said to have sought additional compliance for companies that deal exclusively with children’s data, by asking them to register with the Data Protection Authority — a regulatory body that will have powers to decide on implementing the law’s various provisions.
- A third key aspect that the committee is said to have pushed for is to consider all social media companies as publishers, and to hold them accountable for the content on their platform if they are not acting as intermediaries.
- It is said to have recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.
- Other aspects such as setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system, are also said to have been suggested.
- Hence both statements are correct.
Most Upvoted Answer
With reference to the Personal Data Protection Bill of 2019, consider ...
Statement 1: It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.
This statement is correct. According to the Personal Data Protection Bill of 2019, it is recommended that social media companies should establish a physical presence in India. This requirement is aimed at ensuring that these companies are accountable and can be regulated effectively. By having an office in India, it would be easier for the government to enforce regulations related to data protection and privacy. It would also make it easier for authorities to seek cooperation from these companies in cases of legal investigations or data breaches.
Statement 2: It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.
This statement is correct. The Personal Data Protection Bill of 2019 recommends the establishment of an indigenous architecture for payments, which can serve as an alternative to the internationally accepted SWIFT payment system. The SWIFT (Society for Worldwide Interbank Financial Telecommunication) system is widely used for secure and standardized messaging for financial transactions between banks globally. However, the Indian government aims to develop its own architecture to reduce dependency on international systems and enhance data security. This indigenous architecture would provide a secure and efficient payment system within the country.
Conclusion:
Both statements 1 and 2 are correct. The Personal Data Protection Bill of 2019 recommends that social media companies should establish a physical presence in India, and also calls for the development of an indigenous architecture for payments as an alternative to the SWIFT system. These recommendations are aimed at ensuring data protection, privacy, and enhancing the security of financial transactions within the country.
This statement is correct. According to the Personal Data Protection Bill of 2019, it is recommended that social media companies should establish a physical presence in India. This requirement is aimed at ensuring that these companies are accountable and can be regulated effectively. By having an office in India, it would be easier for the government to enforce regulations related to data protection and privacy. It would also make it easier for authorities to seek cooperation from these companies in cases of legal investigations or data breaches.
Statement 2: It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.
This statement is correct. The Personal Data Protection Bill of 2019 recommends the establishment of an indigenous architecture for payments, which can serve as an alternative to the internationally accepted SWIFT payment system. The SWIFT (Society for Worldwide Interbank Financial Telecommunication) system is widely used for secure and standardized messaging for financial transactions between banks globally. However, the Indian government aims to develop its own architecture to reduce dependency on international systems and enhance data security. This indigenous architecture would provide a secure and efficient payment system within the country.
Conclusion:
Both statements 1 and 2 are correct. The Personal Data Protection Bill of 2019 recommends that social media companies should establish a physical presence in India, and also calls for the development of an indigenous architecture for payments as an alternative to the SWIFT system. These recommendations are aimed at ensuring data protection, privacy, and enhancing the security of financial transactions within the country.
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With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Personal Data Protection Bill of 2019, consider the following statements:1. It is recommended that no social media company be allowed to operate in India unless the parent company handling the technology sets up an office in India.2. It also recommended setting up of an indigenous architecture, which can be an alternative to the internationally accepted SWIFT payment system.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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