UPSC Exam  >  UPSC Questions  >  Consider the following statements with refere... Start Learning for Free
Consider the following statements with reference to the Compulsory Licensing, recently in the news:
  1. It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners.
  2. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 & 2
  • d)
    Neither 1 & 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements with reference to the Compulsory Lic...
Compulsory Licensing allows governments to license third parties (that is, parties other than the patent holders) to produce and market a patented product or process without the consent of patent owners. The demand for compulsory licenses for the manufacture of an affordable generic version of Remdesivir has been raised. Chapter XVI of the Indian Patents Act 1970 and the Agreement on Trade-Related Aspects of Intellectual Property Rights discuss compulsory licensing. So, statement (1) is correct. Any time after three years from the date of sealing of a patent, an application for the compulsory license can be made, provided: " Reasonable requirements of the public have not been satisfied; 
  • The patented invention is not available to the public at a reasonably affordable price. 
  • Patented inventions are not carried. The TRIPS agreement does not specifically list the reasons that might be used to justify compulsory licensing.
    However, the Doha declaration confirms that the countries are free to determine a national emergency. So, statement (2) is not correct. The first ever license was issued on 9 March 2012 in India for treatment of liver and kidney cancer. Therefore, the correct answer is a.
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. 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 with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. 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 with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer?.
Solutions for Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements with reference to the Compulsory Licensing, recently in the news: It allows governments to license third parties to produce and market a patented product or process without the consent of patent owners. The Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) specifically lists the reasons that might be used to justify it.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 & 2d)Neither 1 & 2Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev