Previous year MCQs

Economy UPPSC 2003 GS-I
Question

Trade related intellectual property rights over the following:

1. trademarks
2. industrial designs
3. geographical indications
4. Labour standards

Choose the correct answer with the aid of the code given below:
Code:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: 1, 2 and 3

Detailed Solution:

The correct answer is “1, 2 and 3”.
Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property regulation as applied to nationals of other WTO Members.

The TRIPS Agreement covers several types of intellectual property, including:

1) Trademarks
2) Industrial designs
3) Geographical indications

However, labor standards are not covered under TRIPS.

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