Q. With reference to Telecom Technology Development Fund (TTDF) consider the following statements:
1.It aims to create a fund dedicated to enhancing the effectiveness and reliability of public-owned telecommunication networks, leading to improved services for consumers.
2.The scheme also aims to promote technology ownership and indigenous manufacturing, create a culture of technology co-innovation, reduce imports, boost export opportunities and creation of Intellectual Property.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation –

Statement 1 is incorrect. TTDF aims to fund R&D in rural-specific communication technology applications and form synergies among academia, start-ups, research institutes, and the industry to build and develop the telecom ecosystem.

Statement 2 is correct. The scheme also aims to promote technology ownership and indigenous manufacturing, create a culture of technology co-innovation, reduce imports, boost export opportunities and creation of Intellectual Property.

Source: ForumIAS

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