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With reference to the Telecom Technology Development Fund (TTDF), consider the following statements:
1. It 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.
2. The Scheme 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.
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?
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Most Upvoted Answer
With reference to the Telecom Technology Development Fund (TTDF), cons...
Universal Service Obligation Fund (USOF) recently launched Telecom Technology Development Fund scheme.
- Telecom Technology Development Fund (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.
- Additionally, the Scheme 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.
- Under the scheme, USOF is also targeting to develop standards to meet countrywide requirements and create the ecosystem for research, design, prototyping, use cases, pilots, and proof of concept testing, among others.
- The scheme entails grants to Indian entities to encourage and induct indigenous technologies tailor-made to meet domestic needs.
Hence both statements are correct.
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With reference to the Telecom Technology Development Fund (TTDF), cons...
Statement Explanation:
1. Telecom Technology Development Fund (TTDF)
The Telecom Technology Development Fund (TTDF) aims to fund R&D in rural-specific communication technology applications and to form synergies among academia, start-ups, research institutes, and the industry to build and develop the telecom ecosystem. This initiative is crucial in promoting innovation and technological advancements in the telecom sector, especially in rural areas where access to communication technology is limited.
2. Objectives of the Scheme
The Scheme aims to promote technology ownership and indigenous manufacturing, create a culture of technology co-innovation, reduce imports, boost export opportunities, and foster the creation of Intellectual Property. By encouraging indigenous manufacturing and innovation, the scheme not only contributes to the growth of the telecom industry but also helps in reducing dependency on imports and creating valuable intellectual property.
Therefore, both statements are correct as they highlight the key objectives and focus areas of the Telecom Technology Development Fund (TTDF). This initiative plays a significant role in driving innovation, fostering collaboration, and promoting indigenous technology development in the telecom sector.
1. Telecom Technology Development Fund (TTDF)
The Telecom Technology Development Fund (TTDF) aims to fund R&D in rural-specific communication technology applications and to form synergies among academia, start-ups, research institutes, and the industry to build and develop the telecom ecosystem. This initiative is crucial in promoting innovation and technological advancements in the telecom sector, especially in rural areas where access to communication technology is limited.
2. Objectives of the Scheme
The Scheme aims to promote technology ownership and indigenous manufacturing, create a culture of technology co-innovation, reduce imports, boost export opportunities, and foster the creation of Intellectual Property. By encouraging indigenous manufacturing and innovation, the scheme not only contributes to the growth of the telecom industry but also helps in reducing dependency on imports and creating valuable intellectual property.
Therefore, both statements are correct as they highlight the key objectives and focus areas of the Telecom Technology Development Fund (TTDF). This initiative plays a significant role in driving innovation, fostering collaboration, and promoting indigenous technology development in the telecom sector.
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With reference to the Telecom Technology Development Fund (TTDF), consider the following statements:1. It 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.2. The Scheme 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.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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