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Multiple Choice Questions

With reference to Digital Bharat Nidhi consider the following statements It is used to fund the expa...........

Economic Affairs Rural Development

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With reference to Digital Bharat Nidhi, consider the following statements

It is used to fund the expansion of telecom networks in remote and rural areas.
The central government appoints an administrator and he/she will select Digital Bharat Nidhi implementers through a bidding process.
The contributions made by telecom companies towards the Digital Bharat Nidhi will first be credited to the Public Account of India.

How many of the above statements is/are correct?

Only One

Only Two

All Three

None

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Explanation:

Digital Bharat Nidhi

It would replace the erstwhile Universal Service Obligation Fund (USOF), which is a pool of funds generated by a 5 per cent Universal Service Levy charged upon all the telecom fund operators on their Adjusted Gross Revenue (AGR).
Statement 1st is correct: This money would be used to fund the expansion of telecom networks in remote and rural areas.
Statement 2nd is incorrect: As per the Telecom Act, contributions made by telecom companies towards the Digital Bharat Nidhi will first be credited to the Consolidated Fund of India (CFI).
Statement 2rd is correct: The Centre will appoint an “administrator” who will select “DBN implementers” through “bidding” or invitation of applications from eligible persons.

Hence option 2nd is correct.

By: Shubham Tiwari

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