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This set of Business Regulations Multiple Choice Questions & Answers (MCQs) focuses on IT ACT 2000
Q1 | Which of the following statement is incorrect?
- The Certifying Authority issuing the Digital Signature Certificate may suspend it on receipt of a request to that effect from the subscriber
- The Certifying Authority issuing the Digital Signature Certificate certifies that subscriber’s public key and private key constitute a functioning key pair
- The Certifying Authority issuing the Digital Signature Certificate may revoke it upon the death of the subscriber
- The Digital Signature Certificate once issued cannot be revoked by the Certifying Authority as the power of revocation is vested in the Cyber Appellate Tribunal
Q2 | An adjudicating officer, under the IT Act, 2000, for holding inquiry and imposing penalty isappointed by the
- Controller
- Central Government
- Cyber Appellate Tribunal
- High Court
Q3 | Any person who, without the permission of the owner, damages any computer, computersystem or computer network shall be liable to pay damages by way of compensation under the IT Act, 2000 upto:
- one lakh rupees
- ten lakh rupees
- one crore rupees
- none of these
Q4 | The Information Technology Act is popularly known as
- cyber law
- electronic law
- hacking law
- security law
Q5 | Key pair includes
- public key
- private key
- both (a) & (b)
- pass key
Q6 | __________ is the unique value for message or content
- Hash
- Encryption
- Message digest
- Private key
Q7 | The electronic governance means and includes
- filing any form online
- make application online
- filing any form offline
- both (a) & (b)
Q8 | What are the benefits of electronic governance?
- low cost
- efficient working of government
- transparency in working of government
- all of the above
Q9 | Appeal can be made to the ___________ against the order of appellate tribunal
- Magistrate Court
- Supreme Court
- High Court
- both (a) & (b)
Q10 | Appeal can be made to high court against the order of appellate tribunal within ____ days.
- 30
- 60
- 45
- 90
Q11 | The digital signature can be suspended by the certifying authority in case of
- public interest
- interest of user
- interest of any person
- both (a) & (c)
Q12 | The controller shall publish notice of _______ of licence in the database maintained by him.
- suspension
- revocation
- both (a) & (b)
- none of these
Q13 | The effect of refusal to accept a properly made offer of performance is that:
- the promisor is not responsible for non-performance and can sue the promisee for the breach of contract.
- such offer lapses on rejection by the offeree.
- the contract is rendered voidable at the option of promisor.
- the contract is discharged by anticipatory breach.
Q14 | In which of the following circumstances a contract can be treated as discharged under theconcept of supervening impossibility?
- spurt in prices
- change in import policy
- non-receipt of raw material from the supplier
- shortage of working capital
Q15 | The consent is said to be free when:
- two or more persons agree upon same thing in the same sense.
- all parties to the contract benefit from the contract.
- it is not the result of coercion or undue influence or fraud or misrepresentation or
- all of the above.
Q16 | Which of the following may employ an agent?
- any person who is capable of understanding the contract and forming a rational judgment as to its effect upon his interest.
- any person who is engaged in business or profession.
- any person who is of the age of majority according to the law to which he is subject and who is of sound mi
Q17 | Fraud means
- suggestion as a fact, of something which is not true, by a person who does not believe it to be true
- active concealment of a fact
- promise made without any intention of performing it
- all of the above
Q18 | In a contract of sale of goods, condition as to merchantable quality of goods applies
- where goods are bought by description.
- where the goods are bought from the person who deals in the goods for that description.
- where goods are sold under a trade mark.
- all of the above
Q19 | When a person has done some work under a contract and the other party repudiates thecontract, then the party who performed the work can claim remuneration for the work done. This is based on the principle of
- rescission
- quantum meruit
- injunction
- specific performance
Q20 | X contract to deliver 1000 bags of wheat at Rs. 100 per bag on a future date. On the duedate, he refuses to deliver. The market price on that day is Rs. 120 per bag. Which damages can be granted by the court
- Ordinary damage
- Special damage
- Remote
- Vindictive damage
Q21 | Under the pledge, the person who pledges is known as a pledgor and the bailee is known asa
- bailor
- bailee
- pledgee
- pledgor