What is the proposed penalty amount for violating provisions under the draft Digital Personal Data Protection (DPDP) Bill, 2023?
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the draft Digital Personal Data Protection (DPDP) Bill, 2023. The bill will be presented in the upcoming monsoon session of Parliament for approval. The draft bill proposes a significant increase in penalty amounts of up to Rs 500 crore for violating provisions. It also includes provisions to ease rules on cross-border data flows. The bill establishes a new regulatory body called the Data Protection Board. The board can impose penalties of up to Rs 500 crore for significant non-compliance. The draft bill introduces six types of penalties for non-compliance, including penalties for failure to maintain security safeguards, failure to notify data breaches, and non-fulfillment of obligations related to children's data.
Legal responsibility of a fiduciary to safeguard assets of beneficiaries is termed as?
Which of the following is not one of the stages in product life cycle?
What is the minimum group size in Micro Insurance Schemes?
____________ is the ratio of the number of life insurance policy that lapsed within a given period to the number of policy in Force at the beginning of...
_____ is the length of time after a premium is due and unpaid during which the policy, including all riders, remains in force.
Which of the following institution was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country?
_________ indicates the level of development of insurance sector in a country.
A person who makes an insurance claim is called?
In which year New India Assurance Co Ltd nationalized?
“Uberrimae fidei” or "uberrima fides" means -