Consider the following statements regarding the Telecom Technology Development Fund (TTDF) scheme:1. It funds research and development in rural-specific communication technology applications.2. It was launched by the Universal Service Obligation Fund.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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Consider the following statements regarding the Telecom Technology Development Fund (TTDF) scheme:

1. It funds research and development in rural-specific communication technology applications.

2. It was launched by the Universal Service Obligation Fund.

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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Daily Current Affairs MCQ- March 11, 2024

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Consider the following statements regarding the Telecom Technology Dev...

Recently, C-DOT, and Indian Institute of Technology, Kharagpur (IIT-K) signed an agreement for ‘Developing Prototypes for 10-Gigabit-capable symmetric Passive Optical Network (i.e., XGS-PON) Optical Line Terminal (OLT) and Optical Network Unit (ONU) under the Telecom Technology Development Fund (TTDF) scheme.

It has been notified for domestic companies and institutions involved in technology design, development, commercialization of telecommunication products and solutions to enable affordable broadband and mobile services in rural and remote areas.
It was launched by the Universal Service Obligation Fund (USOF), a body under the Department of Telecommunications.
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.
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.
Project Period:
Project timelines are generally up to two years.
However, it may be decided project-wise in consultation with the applicant as per the terms and conditions of the agreement.
Extension of six months each at a time may be granted at the sole discretion of USOF/DoT.

Hence both statements are correct.

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Consider the following statements regarding the Telecom Technology Dev...

Telecom Technology Development Fund (TTDF) Scheme

The Telecom Technology Development Fund (TTDF) scheme aims to support research and development in the field of rural-specific communication technology applications. It was launched by the Universal Service Obligation Fund (USOF), which is a fund set up by the Government of India to provide access to telecommunication services in rural and remote areas.

Correctness of the Statements

1. Statement 1: It funds research and development in rural-specific communication technology applications.
This statement is correct. The primary objective of the TTDF scheme is to support the development of innovative communication technologies that can cater to the specific needs of rural areas. By funding research and development in this area, the scheme aims to bridge the digital divide and improve connectivity in remote regions.

2. Statement 2: It was launched by the Universal Service Obligation Fund.
This statement is also correct. The TTDF scheme was indeed launched by the Universal Service Obligation Fund (USOF), which operates under the Department of Telecommunications, Ministry of Communications. The USOF plays a crucial role in promoting universal access to telecommunication services, especially in underserved and unserved areas.

Therefore, both statements are correct, and the correct answer is option C - Both 1 and 2.

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Consider the following statements regarding the Telecom Technology Development Fund (TTDF) scheme:1. It funds research and development in rural-specific communication technology applications.2. It was launched by the Universal Service Obligation Fund.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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