Q. With reference to Universal Service Obligation Fund (USOF) consider the following statements:
1.Its aim is to provide accessible funds to the climate activists in generating climate awareness in India.
2.The Indian Telegraph (Amendment) Act, 2003 gave statutory status to the Universal Service Obligation Fund (USOF).
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. The USOF’s main aim is to provide universal telecom services and ensure that even the unconnected areas in the country reap the benefits of inclusive development. The Draft Indian Telecommunication Bill,2022 proposes to replace the Universal Service Obligation Fund (USOF) with the Telecommunication Development Fund (TDF).

Statement 2 is correct. The Indian Telegraph (Amendment) Act, 2003 gave statutory status to the Universal Service Obligation Fund (USOF).

Source: ForumIAS