With reference to the Telecom Technology Development Fund (TTDF) Scheme, consider the following statements:1.The scheme has been launched by the Universal Service Obligation Fund (USOF), a body under the Department of Telecommunications.2.The goal of the TTDF Scheme is to develop new telecom technologies and products that will benefit Indian consumers and businesses.3.Telecommunications firms from overseas that have established offices in India are eligible for the TTDF Scheme.Which of the statements given above are correct?

Q. With reference to the Telecom Technology Development Fund (TTDF) Scheme, consider the following statements:
1.The scheme has been launched by the Universal Service Obligation Fund (USOF), a body under the Department of Telecommunications.
2.The goal of the TTDF Scheme is to develop new telecom technologies and products that will benefit Indian consumers and businesses.
3.Telecommunications firms from overseas that have established offices in India are eligible for the TTDF Scheme.
Which of the statements given above are correct?:

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A

Notes:

Explanation –

Statements 1 and 2 are correct. The scheme has been launched by the Universal Service Obligation Fund (USOF), a body under the Department of Telecommunications. The goal of the TTDF Scheme is to develop new telecom technologies and products that will benefit Indian consumers and businesses.

Statement 3 is incorrect. The TTDF scheme is aimed at promoting technology ownership and indigenous manufacturing in India, and only Indian companies/start-ups, academic institutions, and R&D institutions are eligible to receive funding under the scheme.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS