The USO fund or Universal Service Obligation Fund is related to which of the following sector?
[A] Telecommunication
[B] Software Industry
[C] Export Promotion
[D] Import Promotion
Show Answer
Correct Answer: A [Telecommunication]
Notes:
The Universal Service Obligation Fund (USOF) was established with the fundamental objective of providing access to ‘Basic’ telegraph services to people in the rural and remote areas at affordable and reasonable prices. Subsequently the scope was widened to provide subsidy support for enabling access to all types of telegraph services including mobile services, broadband connectivity and creation of infrastructure like OFC in rural and remote areas
