CMA Foundation · Fundamentals of Business Laws and Business Communication · E-Contracts and E-Signature - Meanings and Requirements
Which of the following is NOT a duty of a Certifying Authority under Section 30 of the IT Act, 2000?
Guaranteeing the commercial success of contracts signed with its Certificates is not a Certifying Authority duty. Section 30 of the IT Act, 2000 lists secure systems, reliability, secrecy and privacy, acting as repository, publishing practices and Certificate status, and observing regulatory standards.
- ABe the repository of all electronic signature Certificates issued under the Act
- BAdhere to security procedures ensuring the secrecy and privacy of electronic signatures
- CPublish information regarding its practices, Certificates and current status of Certificates
- DGuarantee the commercial success of every contract signed using its CertificatesCorrect
Explanation
Section 30 requires secure hardware, software and procedures, reasonable reliability, secrecy and privacy of signatures, acting as repository of Certificates, publishing practices and Certificate status, and observing other standards. Guaranteeing the commercial success of contracts is not among these duties.
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