Correct Answer: Correct answer is: (B) Three year imprisonment or 1 lakh rupees penalty or both.
Exam Relevance: Reserve Bank of India Examination, UPSC Civil Services Examination, SSC CGL, Banking Exams
Difficulty: Moderate
Concept notes: The Information Technology Act, 2000, as amended, specifies the penalties for various cybercrimes, including identity theft. The punishment for identity theft under the IT Act is defined in Section 66C.
Common Mistakes: Students often confuse the penalties for different cybercrimes under the IT Act, leading to incorrect answers.
Explanations: According to Section 66C of the Information Technology Act, 2000, whoever, fraudulently or dishonestly uses the electronic signature, password, or any other unique identification feature of any other person, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine which may extend to one lakh rupees, or with both.
Option Analysis: - Option A: Incorrect. The imprisonment period is three years, not two years.
- Option B: Correct. The punishment is three years imprisonment or 1 lakh rupees penalty or both.
- Option C: Incorrect. The fine is 1 lakh rupees, not 2 lakh rupees.
- Option D: Incorrect. The correct punishment is specified in the options.
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