CS Professional · Banking and Insurance - Laws and Practice · Digital Banking
Ananya Iyer accepted a DSC issued for her use in internet banking authorisations. Under Section 41(2), by accepting it, what does she certify to all who reasonably rely on the information in the certificate?
She certifies that she holds the private key matching the public key listed in the certificate and is entitled to hold it. Section 41(2)(a) makes this a subscriber's certification to those who reasonably rely on the certificate, along with truth of her representations and known information.
- AThat she holds the private key corresponding to the public key listed and is entitled to hold itCorrect
- BThat the Certifying Authority has no knowledge of any adverse material fact about the certificate
- CThat the bank relying on the certificate has verified her identity independently
- DThat the certificate cannot be suspended or revoked during its validity
Explanation
Section 41(2)(a) provides that the subscriber certifies that she holds the private key corresponding to the listed public key and is entitled to hold it. The statement about the Certifying Authority having no knowledge of adverse facts is a representation by the Certifying Authority under Section 36(f), not by the subscriber.
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