Current Affairs · Digital Personal Data Protection Act
Consider the following statements regarding the emergence of the Consent Management startup ecosystem spurred by the Digital Personal Data Protection (DPDP) Act: 1. The DPDP Act mandates the establishment of consent managers, enabling startups like Leegality, Signzy, and IDfy to enter the space. 2. These startups intend to monetize compliance strictly through a flat annual fee, completely rejecting per-consent revenue models. 3. Sectors such as banking, financial services, and insurance (BFSI), retail, and telecom are expected to be the primary adopters of these consent management solutions. 4. Leegality is a government-funded entity established explicitly to manage the compliance needs of the BFSI sector. Select the correct option:
- 13 and 4 only
- 21 and 3 only✓
- 32 and 4 only
- 41 and 2 only
Correct answer
1 and 3 only
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