question_answer

Which of the following statements are correct about the Universal Service Obligation Fund?

1. Resources to the fund are raised through a Universal Service Levy of 5% on Adjusted Gross Revenue of Telecom Service Providers.

2. USL is levied on all service providers including the providers of pure value added services such as internet, e-mail, etc.

3. The fund's objective is to provide basic telecommunication services to people in rural and remote areas.

Select the correct answer using the codes given below:

A)  Only 1 and 3      

B)          Only 1 and 2

C)  Only 2 and 3       

D)         1, 2 and 3