CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has decided to set up an e-commerce regulatory body to monitor the sector properly?
A
Bangladesh
B
Japan
C
India
D
Pakistan
Explanation: 

Detailed explanation-1: -1. China. China is the world’s biggest e-commerce market, led by e-commerce subsidiaries of the Alibaba group – Taobao, Alibaba.com and Tmall.

Detailed explanation-2: -Section 84A of the IT Act cast a duty on the Central Government for the promotion of e-governance and e-commerce. It also has to provide for secures use of electronic mean. Provisions regarding the data protection are contained in Section 43A of the IT Act.

Detailed explanation-3: -With nearly half of its retail sales conducted over the internet, China is forecast to be the world’s most penetrated e-commerce market in 2022. The UK and South Korea follow, with over 36 percent and 32 percent, respectively, of retail sales expected to take place online.

There is 1 question to complete.