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Yes. Public Key encryption (or asymmetric encryption) requires a pair of keys; a public and a private key for exchanging data in a secure manner.
the public key
This is known as RSA encryption. Encryption involving a public and private key combination is known as asynchronous cryptography, as opposed to synchronous cryptography. It is also known as public key cryptography. RSA is an algorithm that may be used (but there are others that can be used), in public key cryptography. (A key pair)
A public and private key
The public key concerning the CAC refers to the authorized key that is open to all the concerned people. The encryption procedure ranges according to the key.