Skip to content

CMA Foundation · Fundamentals of Business Laws and Business Communication · E-Contracts and E-Signature - Meanings and Requirements

Which of the following must an applicant satisfy before a licence to issue electronic signature Certificates can be issued, as per Section 21(2) of the IT Act, 2000?

The applicant must meet the requirements prescribed by the Central Government relating to qualification, expertise, manpower, financial resources and other infrastructure facilities. Section 21(2) of the IT Act, 2000 makes this a precondition for any licence to issue electronic signature Certificates.

  1. AA minimum number of Certificates already issued by the applicant in the previous year
  2. BRequirements on qualification, expertise, manpower, financial resources and other infrastructure facilities, as prescribed by the Central GovernmentCorrect
  3. CApproval from every State Government in which it will operate
  4. DA minimum paid-up capital fixed by the Controller through a notice in the Gazette

Explanation

Section 21(2) bars issue of a licence unless the applicant meets the prescribed requirements regarding qualification, expertise, manpower, financial resources and other infrastructure facilities. These are prescribed by the Central Government, not by State Governments, and no prior-issuance condition exists.

Did you get it right without looking?

One question tells you little. A timed set on E-Contracts and E-Signature - Meanings and Requirements shows your real accuracy, how long you take and where you lose marks.

Practise E-Contracts and E-Signature - Meanings and RequirementsFree diagnostic mock

More E-Contracts and E-Signature - Meanings and Requirements questions