Which of the following statements are correct regarding Data Localization is correct 1 Data Localiza...........

Economic Affairs Digital Economy

Which of the following statements are correct regarding Data Localization is correct?

1. Data Localization means storing data within the borders of a specific country where only the Government has access to the data.

2. BN Srikrishna committee recommended for Data Localization.

Code:

1 only

2 only

Both 1 and 2

none of the above

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Explanation:

Data localization is the act of storing data on any device that is physically present within the borders of a specific country where the data was generated.

Recommendations by the RBI, the committee of experts led by Justice BN Srikrishna, the draft ecommerce policy and the draft report of the cloud policy panel show signs of data localisation.