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Consider the following statements regarding the Digital Bharat Nidhi (DBN):
1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.
2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.
3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.
Which of the statements given above is/are correct?
1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.
2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.
3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.
Which of the statements given above is/are correct?
- a)1 Only
- b)1 and 3 Only
- c)2 and 3 Only
- d)1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding the Digital Bharat Nidhi ...
1. Statement 1 is correct: The Digital Bharat Nidhi (DBN) is indeed a reformation of the Universal Service Obligation Fund (USOF), which was established in 2003. The USOF aimed at enhancing telecom connectivity in rural areas through a fund generated by a 5% levy on the Adjusted Gross Revenue (AGR) of telecom operators.
2. Statement 2 is incorrect: Contributions made by telecom companies towards the Digital Bharat Nidhi are first credited to the Consolidated Fund of India (CFI). The Centre then deposits the collected funds to the DBN from time to time, making the statement inaccurate.
3. Statement 3 is correct: The funds collected under the Digital Bharat Nidhi are intended to promote access to telecommunication services in underserved rural, remote, and urban areas. Additionally, it supports research and development of telecommunication services, technologies, and products, as well as pilot projects, consultancy assistance, and advisory support for improving connectivity.
Thus, the correct answer is Option B: 1 and 3 Only.
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Community Answer
Consider the following statements regarding the Digital Bharat Nidhi ...
Understanding Digital Bharat Nidhi (DBN)
The Digital Bharat Nidhi (DBN) represents a significant shift in India's approach to enhancing telecommunications in underserved areas. Let's examine the statements regarding DBN:
Statement 1: Reformation of USOF
- The Digital Bharat Nidhi is indeed a reformation of the Universal Service Obligation Fund (USOF) established in 2003.
- This indicates a continuity of purpose, aiming to bridge the digital divide.
Statement 2: Funding Procedure
- Funds collected under the DBN will be directly credited to it without passing through the Consolidated Fund of India.
- This statement is incorrect as funds typically go through the Consolidated Fund before allocation, reflecting standard governmental financial procedures.
Statement 3: Aims and Objectives
- The DBN aims to promote access to telecommunication services in underserved rural, remote, and urban areas.
- It also supports research and development in telecommunication technologies, indicating its comprehensive focus on enhancing connectivity and innovation.
Conclusion
- Based on the analysis, only Statements 1 and 3 are correct. Thus, the correct answer is option 'B', which states that 1 and 3 are correct.
- This highlights the DBN’s role in fostering equitable access to telecommunications while reforming existing frameworks to better serve the population.
The Digital Bharat Nidhi (DBN) represents a significant shift in India's approach to enhancing telecommunications in underserved areas. Let's examine the statements regarding DBN:
Statement 1: Reformation of USOF
- The Digital Bharat Nidhi is indeed a reformation of the Universal Service Obligation Fund (USOF) established in 2003.
- This indicates a continuity of purpose, aiming to bridge the digital divide.
Statement 2: Funding Procedure
- Funds collected under the DBN will be directly credited to it without passing through the Consolidated Fund of India.
- This statement is incorrect as funds typically go through the Consolidated Fund before allocation, reflecting standard governmental financial procedures.
Statement 3: Aims and Objectives
- The DBN aims to promote access to telecommunication services in underserved rural, remote, and urban areas.
- It also supports research and development in telecommunication technologies, indicating its comprehensive focus on enhancing connectivity and innovation.
Conclusion
- Based on the analysis, only Statements 1 and 3 are correct. Thus, the correct answer is option 'B', which states that 1 and 3 are correct.
- This highlights the DBN’s role in fostering equitable access to telecommunications while reforming existing frameworks to better serve the population.
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Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Digital Bharat Nidhi (DBN):1. The Digital Bharat Nidhi is a reformation of the Universal Service Obligation Fund (USOF) which was established in 2003.2. Funds collected under the Digital Bharat Nidhi will be directly credited to the Digital Bharat Nidhi without passing through the Consolidated Fund of India.3. The Digital Bharat Nidhi aims to promote access to telecommunication services in underserved rural, remote, and urban areas, and support research and development in telecommunication technologies.Which of the statements given above is/are correct?a)1 Onlyb)1 and 3 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
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