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With reference to the 'National Intellectual Property Rights Policy', consider the following statements:
1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
Which of the above statements is/are correct?
1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
Which of the above statements is/are correct?
[2017]
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
With reference to the National Intellectual Property Rights Policy, co...
National Intellectual Property Rights Policy
The National Intellectual Property Rights (IPR) Policy was launched by the Government of India in May 2016. It aims to create an ecosystem that promotes creativity and innovation in the country. The policy lays down seven objectives and several strategies to achieve them.
Statement Analysis
1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.
The TRIPS Agreement is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property (IP) regulation. The Doha Development Agenda is a series of trade negotiations under the WTO that aimed to address the needs of developing countries.
The National IPR Policy does reiterate India's commitment to the Doha Development Agenda and the TRIPS Agreement. This is because India is a member of the WTO and is bound by its rules. The policy recognizes the need to balance the interests of IP owners and users and to ensure that IP protection does not become a barrier to trade or development.
Therefore, statement 1 is correct.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
The Department of Industrial Policy and Promotion (DIPP) is responsible for formulating and implementing policies related to industrial growth and development. It is not the nodal agency for regulating intellectual property rights in India. The nodal agency for IP in India is the Office of the Controller General of Patents, Designs and Trademarks (CGPDTM), which is part of the Ministry of Commerce and Industry.
Therefore, statement 2 is incorrect.
Conclusion
Both statements have been analyzed, and it can be concluded that statement 1 is correct, and statement 2 is incorrect. Therefore, option (c) "Both 1 and 2" is the correct answer.
The National Intellectual Property Rights (IPR) Policy was launched by the Government of India in May 2016. It aims to create an ecosystem that promotes creativity and innovation in the country. The policy lays down seven objectives and several strategies to achieve them.
Statement Analysis
1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.
The TRIPS Agreement is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property (IP) regulation. The Doha Development Agenda is a series of trade negotiations under the WTO that aimed to address the needs of developing countries.
The National IPR Policy does reiterate India's commitment to the Doha Development Agenda and the TRIPS Agreement. This is because India is a member of the WTO and is bound by its rules. The policy recognizes the need to balance the interests of IP owners and users and to ensure that IP protection does not become a barrier to trade or development.
Therefore, statement 1 is correct.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
The Department of Industrial Policy and Promotion (DIPP) is responsible for formulating and implementing policies related to industrial growth and development. It is not the nodal agency for regulating intellectual property rights in India. The nodal agency for IP in India is the Office of the Controller General of Patents, Designs and Trademarks (CGPDTM), which is part of the Ministry of Commerce and Industry.
Therefore, statement 2 is incorrect.
Conclusion
Both statements have been analyzed, and it can be concluded that statement 1 is correct, and statement 2 is incorrect. Therefore, option (c) "Both 1 and 2" is the correct answer.
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With reference to the National Intellectual Property Rights Policy, consider the following statements:1. It reiterates Indias commitment to the Doha Development Agenda and the TRIPS Agreement.2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.Which of the above statements is/are correct?[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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