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CS Professional · Banking and Insurance - Laws and Practice · Digital Banking

Which of the following is NOT among the matters a subscriber certifies to those who reasonably rely on the DSC upon accepting it under Section 41(2)?

The statement that the Certifying Authority has no knowledge of adverse material facts is not a subscriber certification. It is a Certifying Authority representation under Section 36(f). Section 41(2) covers only private key entitlement, truth of representations to the CA, and truth of information within the subscriber's knowledge.

  1. AThe subscriber holds the private key corresponding to the public key listed and is entitled to hold it
  2. BAll information in the DSC within the subscriber's knowledge is true
  3. CThe Certifying Authority has no knowledge of any material fact adversely affecting the reliability of the DSCCorrect
  4. DAll representations made to the Certifying Authority are true

Explanation

Section 41(2) lists three subscriber certifications: holding and entitlement to the private key, truth of representations and material to the Certifying Authority, and truth of information within the subscriber's knowledge. The Certifying Authority having no knowledge of adverse material facts is a representation by the Certifying Authority under Section 36(f), not by the subscriber.

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