Q. Consider the following pairs:

Type of IPR Description

1. rademarks It consists of a recognizable sign, design, or expression.

2. Patents It is used for the protection of new inventions.

3. Trade Secrets It indicates the geographical uniqueness of an item.

Which of the pairs given above is/are correctly matched?

1, 2 and 3

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2 and 3 only

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1 only

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1 and 2 only

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Solution

The correct option is D
1 and 2 only
Explanation:

Pair 1 is correctly matched: Trademarks consist of a recognizable sign, design, or expression.

Pair 2 is correctly matched: Patents are used for the protection of new inventions.

Pair 3 is incorrectly matched: GI (Geographical Indication) tag is used to indicate the geographical uniqueness of an item. Trade Secrets include manufacturing or industrial and commercial secrets which are crucial for the successful running of a business venture.

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	Type of IPR	Description
1.	rademarks	It consists of a recognizable sign, design, or expression.
2.	Patents	It is used for the protection of new inventions.
3.	Trade Secrets	It indicates the geographical uniqueness of an item.