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With reference to BharatNet Project, consider the following statements:
1. It is being funded by the Universal Service Obligation Fund (USOF).
2. It is being implemented by Bharat Broadband Network Limited (BBNL).
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
With reference to BharatNet Project, consider the following statements...
Statement 1 is correct: The BharatNet project originally aimed to provide broadband services at 100 Mbps to around 2.5 lakh gram panchayats of the country. The entire project is being funded by the Universal Service Obligation Fund (USOF), which was set up for improving telecom services in rural and remote areas of the country.
Statement 2 is correct: The project is being implemented by Bharat Broadband Network Limited (BBNL) through a Special Purpose Vehicle (SPV).
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With reference to BharatNet Project, consider the following statements:1. It is being funded by the Universal Service Obligation Fund (USOF).2. It is being implemented by Bharat Broadband Network Limited (BBNL).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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