world_organizations hard Fill in the Blank

The EU's General Data Protection Regulation (GDPR), effective from 2018, establishes a comprehensive framework for data privacy, granting individuals rights over their personal data and imposing strict obligations on organizations, with fines up to _____ of global annual turnover for violations.

  1. 2%
  2. 4%
  3. 6%
  4. 10%

Answer: 4%

GDPR's enforcement mechanism includes tiered fines: up to €20 million or 4% of global annual turnover (whichever higher) for serious infringements. It has become a global benchmark, influencing data protection laws worldwide and enhancing individuals' control over personal information.

Topic European Union
Exam Relevance UPSC, Banking, SSC
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