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With reference to the Global Innovation Index, consider the following statements:
1.Global Innovation Index is released by the World Intellectual Property Organisation.
2. India’s rank was 40 in 2023 out of 132 economies.
Which of the statements given above is/are correct?
- 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 Global Innovation Index, consider the following ...
Global Innovation Index : India retains 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization (WIPO). Hence, both Statements, 1 and 2 are correct.
The 2023 edition reveals the ranking of this year’s most innovative economies in the world amongst 132 economies and localizes the top 100 science and technology innovation clusters.
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Community Answer
With reference to the Global Innovation Index, consider the following ...
Global Innovation Index:
Global Innovation Index (GII) is an annual ranking of countries by their capacity for, and success in, innovation. It is released by the World Intellectual Property Organization (WIPO), in association with Cornell University and INSEAD.
Statements Analysis:
Statement 1:
The statement is correct. Global Innovation Index is indeed released by the World Intellectual Property Organization (WIPO). WIPO is a specialized agency of the United Nations responsible for promoting the protection of intellectual property throughout the world.
Statement 2:
The statement is partially correct. As of the latest available data in 2021, India's rank in the Global Innovation Index was 46 out of 132 economies. It is important to note that rankings can change annually based on various factors such as innovation inputs and outputs, infrastructure, market sophistication, business sophistication, etc. Therefore, the rank mentioned in the statement is not accurate.
Correct Answer:
Therefore, the correct answer is option C - Both 1 and 2. India's rank in the Global Innovation Index may vary from year to year, and it is essential to refer to the latest data for accurate information.
Global Innovation Index (GII) is an annual ranking of countries by their capacity for, and success in, innovation. It is released by the World Intellectual Property Organization (WIPO), in association with Cornell University and INSEAD.
Statements Analysis:
Statement 1:
The statement is correct. Global Innovation Index is indeed released by the World Intellectual Property Organization (WIPO). WIPO is a specialized agency of the United Nations responsible for promoting the protection of intellectual property throughout the world.
Statement 2:
The statement is partially correct. As of the latest available data in 2021, India's rank in the Global Innovation Index was 46 out of 132 economies. It is important to note that rankings can change annually based on various factors such as innovation inputs and outputs, infrastructure, market sophistication, business sophistication, etc. Therefore, the rank mentioned in the statement is not accurate.
Correct Answer:
Therefore, the correct answer is option C - Both 1 and 2. India's rank in the Global Innovation Index may vary from year to year, and it is essential to refer to the latest data for accurate information.
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With reference to the Global Innovation Index, consider the following statements:1.Global Innovation Index is released by the World Intellectual Property Organisation.2. India’s rank was 40 in 2023 out of 132 economies.Which of the statements given above is/are correct?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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